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CME Group Reports $1.1 Billion in Revenue
USAgNet - 10/28/2021

CME Group Inc. reported revenue of $1.1 billion and operating income of $614 million for the third quarter of 2021, which ended Sept. 30. Net income was $927 million and diluted earnings per share were $2.58. On an adjusted basis, net income was $574 million and diluted earnings per share were $1.60.

Financial results presented on an adjusted basis for the third quarter of 2021 and 2020 exclude certain items, which are detailed in the reconciliation of non-GAAP results. Subscribe here for Grain E-News delivered to your inbox every Thursday. ??

"We saw robust volume growth in Q3 as clients continued to manage a variety of risks during these times of ongoing economic uncertainty," said CME Group Chairman and CEO Terry Duffy. "Average daily volume grew 14% year over year during the quarter, led by double-digit growth in interest rates, energy and options products, as well as strong non-U.S. volumes, which increased 13% to 5 million contracts per day."

Third-quarter 2021 ADV was 17.8 million contracts, including non-U.S. ADV of 5.0 million contracts. Clearing and transaction fees revenue for third-quarter 2021 totaled $879 million. The total average rate per contract was $0.677. Market data revenue totaled $145 million for third-quarter 2021.

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