CME Group Inc (CME) Reports Increased Profits as Volatility Rises

CME Group Inc (NASDAQ:CME) reported higher trading volumes and a 16% rise in earnings today coming on the heels of the US Federal Reserve announcing in December the beginning of “tapering,” the central bank’s decision to reduce its bond asset purchasing program that has suppressed the interest rate market.  The world’s largest regulated derivatives exchange saw volume on its interest rate products rise by 30%. “There’s a tremendous amount of participants that are still on the sidelines waiting for the (tapering) program to completely end,” noted CME Group Inc (NASDAQ:CME) Executive Chairman Terry Duffy in a conference call with analysts.  Once…