(Reuters) -Derivatives exchange CME Group reported a higher second-quarter profit on Wednesday, as record volatility boosted demand for its products, which are often used to hedge against macroeconomic uncertainty.
Profit attributable to CME shareholders was $1.01 billion, or $2.81 per share, for the three months ended June 30, compared with $872 million, or $2.42 per share, reported last year.
(Reporting by Ateev Bhandari and Atharva Singh in Bengaluru; Editing by Arun Koyyur)
Comments