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Exchange Operator CME Group posts 22% rise in quarterly profit

Feb 12 (Reuters) - Exchange operator CME Group Inc on Wednesday posted a 22% rise in fourth-quarter profit, benefiting from lower taxes and cost-cutting measures to counter a hit from lower trading volumes.

Net income attributable to the company rose to $469.5 million, or $1.31 per share, in the quarter ended Dec. 31, from $385.5 million, or $1.09 per share, a year earlier. (https://reut.rs/2SBotx3) (Reporting by Bharath Manjesh in Bengaluru; Editing by Subhranshu Sahu)