Exchanges Get a Boost From Data
EXCHANGE WATCH
Of four exchanges that reported results last week, three announced increased revenues from market data, adding further support to the argument that the market has largely recovered from its downturn.
The Chicago Mercantile Exchange said second quarter revenues from market data rose to $17.8 million, up 20 percent from $14.8 million for the same quarter last year.
Overall, it posted record revenues and profits in its second quarter results, with revenues rising by 28 percent to $239 million, and
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