Source: www.reuters.com
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(Reuters) - Futures exchange operator CME Group Inc reported a near 24% rise in first-quarter profit on Wednesday, helped by market volatility spurred by the Russia-Ukraine war and as investors hedged against rising interest rates.
Net income attributable to the company rose to $711 million, or $1.95 per share, in the quarter ended March 31, from $574.4 million, or $1.60 per share, a year earlier.
Reporting by Sohini Podder in Bengaluru and John McCrank in New York; Editing by Amy Caren Daniel
