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CME Group Reports Strong Q3 2022 Financial Performance

Source: Chloe

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CME Group, the world's leading derivatives marketplace, has today unveiled its strong financial results for the third quarter of 2022 (Q3 2022), which was driven by a surge in trading volume.

Specifically, the group revenue during the quarter came in at $1.2 billion, compared to that of last same period at $1.1 billion. Net income was $680 million, decreasing from $926 million in Q3 2021. And diluted earnings per share was $1.87, falling from $2.58 in last Q3.

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On a adjusted basis, net income and diluted earnings per share stood at $719 million and $1.98, up 25% and 24% on a yearly basis, respectively.

Average daily volume (ADV) during Q3 2022 came in at 22.4 million contracts.

"Our strong Q3 financial performance was driven by a 26% increase in trading volume, generating double-digit growth in total revenue," said CME Group Chairman and Chief Executive Officer Terry Duffy. "During the quarter, year-over-year volume rose in five of our six asset classes, led by interest rates, equity indexes and a near-record quarter for foreign exchange. Likewise, the demand for our products remains strong, with year-to-date volumes up 22%, as clients continue to manage risk amid global economic and geopolitical uncertainty."

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