CME Earnings Preview: Trade Volumes Surge In Q4

The global exchange operator reported a nearly 7% year-over-year rise in net revenues to $762 million in the third quarter. Clearing and transaction fee revenues grew by over 7% y-o-y to $642 million, while market data revenues registered 12% growth over the prior year quarter to $88 million. On the other hand, net revenues generated by CME through the first three quarters of 2014 remained nearly flat over the prior year period at $2.2 billion. Transaction-based revenues grew by a mere 1% y-o-y ...