CME Group Inc. (NASDAQ:CME) Q3 2023 Earnings Conference Call October 25, 2023 8:30 AM ET

Company Participants

Adam Minick - Senior Director, IR

Terrence Duffy - Chairman and CEO

Lynne Fitzpatrick - CFO

Tim McCourt - Senior Managing Director and Global Head, Equity & FX Products

Derek Sammann - Senior Managing Director and Global Head, Commodities, Options & International Markets

Julie Winkler - Chief Commercial Officer

Suzanne Sprague - Senior Managing Director and Global Head Of Clearing and Post-Trade Services

Conference Call Participants

Dan Fannon - Jefferies

Patrick Moley - Piper Sandler

Alex Kramm - UBS

Owen Lau - Oppenheimer

Brian Bedell - Deutsche Bank

Kyle Voigt - KBW

Benjamin Budish - Barclays

Chris Allen - Citi

Ken Worthington - JPMorgan

Alex Blostein - Goldman Sachs

Michael Cyprys - Morgan Stanley

Craig Siegenthaler - Bank of America

Andrew Bond - Rosenblatt Securities

Elias Abboud - Bank of America

Operator

Greetings, and welcome to the CME Group Third Quarter 2023 Earnings Call. During the presentation, all participants will be in a listen-only mode. Afterwards, we’ll conduct a question-and-answer session. [Operator Instructions]

I would now like to turn the conference over to Adam Minick. Please go ahead.

Adam Minick

Good morning. I hope you're all doing well today. We will be discussing CME Group’s third quarter 2023 financial results. I’ll start with the safe harbor language then I’ll turn it over to Terry.

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’ll turn the call over to Terry.

Terrence Duffy

Thanks, Adam, and thank you all for joining us this morning.

We released our executive commentary earlier today, which provides details on the third quarter of 2023. I'll make a few brief comments on the quarter and current outlook, and Lynne will summarize our financial results. In addition to Lynne, we have other members of our management team present to answer questions after the prepared remarks.