May 1, 2019 / 11:18 AM / 6 months ago

CME Group first quarter earnings decline

NEW YORK, May 1 (Reuters) - CME Group Inc, one of the world’s largest exchange operators, on Wednesday reported a drop in first quarter earnings, due in part to lower volatility versus a year ago, which led to lower volumes, while expenses also increased.

Net income fell to $496.9 million, or $1.39 per share, in the first quarter ended March 31, from $598.8 million, or $1.76 per share, a year earlier. (Reporting by John McCrank, Editing by Franklin Paul)

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