Chicago Mercantile Exchange posts third-quarter gains
Total revenues for the exchange rose 106% to $565 million from $275 million in the third quarter 2006. Net income jumped 94% from $104 million to stand at $202 million in the third quarter. The CME’s diluted earnings per share also gained, rising 31% from $2.95 in Q3, 2006 to reach $3.87.
Foreign exchange contracts traded on the exchange averaged a notional value of $78 billion a day during Q3, based on average volume of 635,000 contracts a day. This is a 22% increase from an average daily
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