CME Group Inc. (CME) CEO Terry Duffy on Q2 2022 Results - Earnings Call Transcript

CME Group Inc. (NASDAQ:CME) Q2 2022 Earnings Conference Call July 27, 2022 8:30 AM ET

Company Participants

John Peschier - Investor Relations

Terry Duffy - Chairman & Chief Executive Officer

John Pietrowicz - Chief Financial Officer

Lynne Fitzpatrick - Senior Managing Director & Deputy Chief Financial Officer

Sean Tully - Senior Managing Director, Financial and OTC Products

Derek Sammann - Senior Managing Director, Commodity & Options Products

Julie Winkler - Chief Commercial Officer

Sunil Cutinho - President, CME Clearing

Conference Call Participants

Rich Repetto - Piper Sandler

Alex Kramm - UBS

Dan Fannon - Jefferies

Brian Bedell - Deutsche Bank

Gautam Sawant - Credit Suisse

Alex Blostein - Goldman Sachs

Mike Cyprys - Morgan Stanley

Owen Lau - Oppenheimer

Kyle Voigt - KBW

Patrick O'Shaughnessy - Raymond James

Craig Siegenthaler - Bank of America

Operator

Good day and welcome to the CME Group Second Quarter 2022 Earnings Call.

At this time, I would like to turn the conference over to John Peschier. Please go ahead.

John Peschier

Thank you and good morning everyone. I hope you're all doing well. I'm going to start with the Safe Harbor language. Then I'll turn it over to Terry and John for brief remarks followed by your questions. Other members of our management team will also participate in the Q&A session.

Statements made on this call and in the other reference documents on our website that are not historical facts are forward-looking statements. These statements are not guarantees of future performance. They involve risks, uncertainties and assumptions that are difficult to predict.

Therefore, actual outcomes and results may differ materially from what is expressed or implied in any statements. Detailed information about factors that may affect our performance can be found in the filings with the SEC, which are on our website. Lastly, on the final page of the earnings release, you will see a reconciliation between GAAP and non-GAAP measures.

With that, I will turn the call over to Terry.

Terry Duffy

Thanks John and thank you all for joining us this morning. We released our executive commentary earlier today as John said, which provided extensive details on the second quarter of 2022. I have John, Lynne, Sean, Derek, Sunil, and Julie Winkler on the call with me this morning. I will start and then John will provide some comments before we open up the call to your questions.