Reports Q4 revenue $1.44B, consensus $1.43B. “As global investors turned to our deep, liquid markets to manage risk across asset classes, CME Group average daily volume climbed to a record 24.4 million contracts in 2023, generating both record revenue and adjusted earnings,” said Terry Duffy, CME Group Chairman and Chief Executive Officer. “In Q4, we delivered our tenth consecutive quarter of double-digit adjusted earnings growth. This strong performance was driven, in large part, by a 36% increase in interest rate volumes in Q4, including a 46% rise in Treasury futures ADV. Going forward, we continue to focus on delivering new products and increased capital efficiencies, including our enhanced FICC cross-margining program that launched last month.”
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Read More on CME:
- CME Group Inc. Reports Fourth-Quarter and Full-Year 2023 Financial Results
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- CME Group Declares Quarterly Dividend
- CME Group to launch U.S. Corporate Bond Index Futures in summer 2024
- CME Group reached ADV of 25.2M contracts in January
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