CME Group has reported a flat third quarter this year in terms of revenue, with total revenue at just over $841 million compared to $850 million in the third quarter last year.
The clearing and transaction unit revenues dropped 2% from $715 million in the third quarter of 2015, to $704 million.
CME’s market data and information services reported a stronger third quarter, with sales totalling $101 million compared to $99.5 million in Q3 last year.
Average daily volumes during the third quarter of 2016 remained relatively flat at 14.3 million contracts, compared with “an exceptionally strong third quarter 2015,” CME Group said.
CME Group’s chief executive officer, Phupinder Gill, explained the venue made progress in the third quarter, “as evidenced by the continued expansion of volume from outside the United States.”
“We continue to focus on globalising our business, growing our options franchise and providing innovative product extensions to solve challenges our customers face,” he said.
Executive chairman and president at CME Group, Terry Duffy, added: “We are pleased with the overall results this quarter considering there was a significant reduction in market volatility, primarily in financial products, from the same period last year.”