Terry Duffy
Executive Chairman & Chief Executive Officer
Replay available
CME Group Inc. (NASDAQ: CME) Q3 2025 earnings conference call, held 2025-10-22. Replay captured from the company's public earnings webcast.

Executive Chairman & Chief Executive Officer
Global Head of FX & OTC Services
Global Head of BrokerTec Fixed Income Markets
President & Chief Operating Officer
Global Head of Energy Products
Head of Digital Asset Strategy
Executive Vice President & Chief Financial Officer
Analyst, Piper Sandler
Watch the replay and follow the connected company analysis, news, and investor updates for Cme Group Inc..
WEBVTT 00:00:00.031 -- 00:00:04.977 Welcome to the CME Group third quarter 2025 earnings call. 00:00:04.977 -- 00:00:08.901 At this time, I would like to inform all participants that your lines have been placed 00:00:08.901 -- 00:00:13.346 on a listen-only mode until the question and answer session of today's conference. 00:00:13.346 -- 00:00:16.209 I would now like to turn the call over to Adam Minnick. 00:00:16.209 -- 00:00:18.630 Please go ahead. 00:00:18.712 -- 00:00:21.155 Good morning, and I hope you're all doing well today. 00:00:21.155 -- 00:00:25.640 We released our executive commentary earlier this morning, which provides extensive details 00:00:25.640 -- 00:00:30.153 on the third quarter 2025, which we will be discussing on this call. 00:00:30.153 -- 00:00:33.996 I'll start with the Safe Harbor language, and then I'll turn it over to Terry. 00:00:33.996 -- 00:00:37.960 Statements made on this call and in the other reference documents on our website that 00:00:37.960 -- 00:00:41.103 are not historical facts are forward-looking statements. 00:00:41.103 -- 00:00:44.005 These statements are not guarantees of future performance. 00:00:44.005 -- 00:00:48.349 They involve risks, uncertainties, and assumptions that are difficult to predict. 00:00:48.349 -- 00:00:52.193 Therefore, actual outcomes and results may differ materially from what is expressed or 00:00:52.193 -- 00:00:57.057 implied in any statement. Detailed information about factors that may affect our performance 00:00:57.057 -- 00:01:00.764 can be found in the filings with the SEC, which are on our website. 00:01:00.764 -- 00:01:04.889 Lastly, in the earnings release, you will see a reconciliation between GAAP and non-GAAP 00:01:04.889 -- 00:01:07.352 measures following the financial statements. 00:01:...