CME Group Inc. Posts Revenue of $1.3 Billion in First Quarter of 2021

Chicago, IL — CME Group Inc. today (April 28) reported financial results for the first quarter of 2021, noting revenue of $1.3 billion and operating income of $725 million.

Net income was $574 million and diluted earnings per share were $1.60. On an adjusted basis, net income was $641 million and diluted earnings per share were $1.79.

Financial results presented on an adjusted basis for the first quarter of 2021 and 2020 exclude certain items, which are detailed in the reconciliation of non-GAAP results.1

"Since the start of 2021, we have experienced strong demand for our products as clients looked to manage risks associated with the potential for a post-pandemic economic recovery," said CME Group Chairman and CEO Terry Duffy.

Subscribe to Grain Journal E-newsletters here.

"Trading volumes in Q1 have returned to pre-pandemic levels, with ADV in the first quarter representing our third-highest quarterly ADV ever, and open interest climbing above 100 million contracts.

"Additionally, we continue to deliver against our growth objectives, introducing several innovative, new products, completing migration of BrokerTec to CME Globex and agreeing to form a joint venture for post-trade services in OTC markets."

First-quarter 2021 ADV was 21.8 million contracts, including non-U.S. ADV of 6.1 million contracts.

To read the full report, click here.

Related Articles:

Webinar Recording: Rabobank: How Global Long-Term Grains & Oilseeds Trends Will Impact Local Operations

Norfolk Southern Corp. Reports $673 Million Net Income in First Quarter

ADM Reports First-Quarter Net Earnings of $689 Million; Ag Services Sees Record Results