CME Group Q1 profit up 90%

The Chicago exchange operator benefited from historic levels of activity amid North African turmoil

CME Group's first-quarter profit jumped 90% and core results topped Wall Street's expectations as revenue increased amid higher trading volume and margins widened.

The world's biggest derivatives exchange operator by contract volume has enjoyed historic activity levels of late as political turmoil in Northern Africa and the Middle East roiled fixed-income markets, alongside the March earthquake in Japan.

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