CME · Earnings call · 2026Q3T · Full report

Market Data Revenue Growth

CME GROUP INC. · 2026-10-21 · Importance 59 · Surprise 48

Management said demand for CME market data is increasing as clients use its prices for trading, research, and product creation. Growth was attributed to a mix of professional real-time subscribers, retail and simulation platforms, data feeds, term software, and pricing and policy changes. More than 50% of market data demand comes from outside the U.S. Management described data as a critical input and a leading indicator for CME’s markets, and said it continues to invest in the business and improve the client experience.

Key facts

• CME Group's market data revenue was a record $243 million in Q3 2026, up 20% year over year, marking its 34th consecutive quarter of year-over-year growth.
• CME Group recorded $4.7 million in market data audits in Q3 2026, including catch-up payments for prior-period use.
• One-third of CME Group market data growth came from its expanding professional real-time market data subscriber base, and one-third came from retail and simulation platforms.
• More than 50% of demand for CME Group's market data came from outside the United States.