Trading

CME Group sees profit rise on higher clearing and transaction fees

Chicago-based futures market hit records for quarterly average daily volume in interest rates, energy and metals

CME Group, the world's largest futures-exchange operator, reported a 28% jump in fourth-quarter profit after an increase in revenues from clearing and transaction fees.

The Chicago-based company's net profit amounted to $373.4 million in the final three months of 2016, up from $291.7 million a year earlier.

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