CME Group Inc. Reports Fourth-Quarter and Full-Year 2021 Financial Results

About this update from Cme Group Inc.

[{"type":"text","content":"CHICAGO, Feb. 9, 2022 /PRNewswire/ -- CME Group Inc. (NASDAQ: CME) today reported financial results for the fourth quarter and full year of 2021. \nThe company reported revenue of $1.1 billion and operating income of $632 million for the fourth quarter of 2021. Net income was $625 million and diluted earnings per common share were $1.71. On an adjusted basis, net income was $608 million and diluted earnings per common share were $1.66. Financial results presented on an adjusted basis for the fourth quarter of 2021 and 2020 exclude certain items, which are detailed in the reconciliation of non-GAAP results.1\nTotal revenue for full-year 2021 was $4.7 billion and operating income was $2.6 billion. Net income was $2.6 billion and diluted earnings per common share were $7.29. On an adjusted basis, net income was $2.4 billion, and diluted earnings per common share were $6.67.\n\"We achieved record trading volume in 2021, driven by client demand for tools to hedge against continued economic uncertainty across markets,\" said CME Group Chairman and Chief Executive Officer Terry Duffy. \"We delivered strong performance across core benchmarks, new products and international business during 2021. Additionally, we announced a 10-year strategic partnership with Google Cloud to transform global derivatives markets through cloud adoption, and introduced several innovative, new micro-sized and ESG-focused products and services. We are pleased 2022 is off to a strong start with our highest January average daily volume on record of 24.6 million contracts, led by strong equity index and interest rate volumes, including numerous SOFR futures and options records, and 10% year-over-year growth in overall open interest. Moving ahead, we will continue to focus on providing the risk management tools our clients need to navigate ongoing uncertainties around the world.\"\nFourth-quarter 2021 average daily volume (ADV) was 20.5 million contracts, up 26% versus fourth-quarter 2020. Non-U.S. ADV for full-year 2021 reached a record 5.5 million contracts, up 4% compared with the same period in 2020.\nClearing and transaction fees revenue for fourth-quarter 2021 totaled $949 million. The total average rate per contract was $0.650. Market data revenue totaled $142 million for fourth-quarter 2021.\nAs of December 31, 2021, the company had approximately $2.9 bill...

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