CME's net income hit by drop in contract volumes

May 09, 2012 | 10:38 AM | Barbara O'Donovan

Tags  CME Group, copper, silver, gold, contract volumes, metals, Barbara O'Donovan

NEW YORK — CME Group Inc.’s first-quarter net income sank 41.7 percent year on year as a result of lower contract volumes.

The Chicago-based company recorded net income of $266.3 million for the three months ended March 31 from $457.1 million a year earlier on sales that declined 6.9 percent to $774.6 million from $831.6 million.....

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