CME Group Achieves $1.3 Billion Revenue in Q1 2022

One of the well-known derivatives marketplaces in the world, CME Group today reported financial results for the first quarter of 2022. During the reported period, CME Group posted revenue of $1.3 billion and operating income of $859 million for the first quarter of 2022.

During the recent quarter, CME Group's net income was $711 million and diluted earnings per share were $1.95. On an adjusted basis, net income was $766 million and diluted earnings per share were $2.11.

As reported earlier this month, the group's average daily volume (ADV) was 25.9 million contracts in the period, including non-U.S. ADV of 7.3 million contracts, led by 28% growth in Latin America, 22% in Asia and 17% in EMEA.

Clearing and transaction fees revenue for first-quarter 2022 totaled $1.1 billion. The total average rate per contract was $0.644. Market data revenue totaled $152 million for first-quarter 2022.

"During this period of extreme geopolitical and economic uncertainty, our continued focus on helping clients manage their risk resulted in strong earnings and revenue growth during the first quarter,"said CME Group Chairman and Chief Executive Officer Terry Duffy.  

"Average daily volume was robust with double-digit increases in equity index, interest rate and options products, as well as significant volume outside the U.S. In addition, we are pleased with the accelerated growth of our SOFR futures and options since the start of the year, including record quarterly volume and open interest. Looking ahead, we will continue to provide the benchmark products, services and data our clients need as they continue to navigate through evolving central bank policies, inflation, supply chain constraints and other economic challenges."