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CHICAGO -On Wednesday, CME Group Inc. (NASDAQ:CME) reported record first quarter revenue and earnings that exceeded analyst expectations, driven by strong trading volumes across asset classes amid economic uncertainty.
The company’s shares edged down -0.21% in premarket trading following the earnings release.
The derivatives exchange operator posted adjusted earnings per share of $2.80 for Q1 2025, surpassing the analyst consensus estimate of $2.68. Revenue rose 10% year-over-year to a record $1.64 billion, topping expectations of $1.59 billion.
CME’s average daily trading volume reached an all-time high of 29.8 million contracts in Q1, up 13% from the same period last year. The company saw broad-based growth across asset classes, with commodities volume rising 19% and financials increasing 12%.
"Amid heightened economic uncertainty, CME Group operated with exceptional resilience as clients turned to our markets in record numbers to hedge business risks across asset classes," said Terry Duffy, CME Group Chairman and CEO.
The company’s market data revenue grew 11% YoY to $195 million in the quarter. CME’s clearing and transaction fees, its largest revenue source, increased 11% to $1.3 billion.
Looking ahead, Duffy said CME remains focused on "providing the products, services and efficiencies to benefit market participants as they navigate this risk-always-on environment."
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