CME Group

On an adjusted basis, net income rose to $932.2 million, or $2.56 per share, in the quarter, from $836.4 million, or $2.30 per share, a year earlier

The company, which has had its presence in India since 2015 and an employee base of 570, plans to ramp it up further by 100 employees by March next year

Indian bourse will be able to list and settle rupee-denominated contracts in these commodities

Profit was up sequentially, however; Revenue rose 20.7% YoY and 3.3% QoQ, driven by growth in CME segment and the US market

The move will help accelerate CME Group's move to the cloud and transform how global derivatives markets operate with technology, the company said in a statement late on Thursday.

Over the last five years, NSE said its cash equities segment has grown by more than 90 per cent from a daily average turnover of about Rs 17,572 crore in 2014-15 to about Rs 34,264 crore in 2018-19

The move will either improve or hurt transparency

Move follows govt decision to increase foreign investor holding in a commodity exchange to 15% from 5% earlier.