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Commodities Briefing - Categorized | Commodities Exchanges, Trading more

Derivative trade juices CME

Posted on 29 October 2010

From WSJ: CME Group Inc. reported a 21% rise in third-quarter earnings, lifted by rising volume of derivatives contracts linked to commodities, interest rates and indexes that helped offset a modest charge for recent “phantom trades.”
Executives of the world’s biggest futures-exchange operator forecast a potential $40 million in revenue for new trading services set to launch in 2012 and said that new ventures targeting off-exchange business are gaining traction………………………………………Full Article: Source


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