CME Group (NASDAQ: CME) will announce its second-quarter earnings on July 29. The company's financial exchanges generally perform well in volatile economic times, and the last few months were certainly volatile.
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CME Group runs a global exchange of derivative products, investments that are often used by investors to hedge against risks elsewhere in their portfolios. It facilitates the trades of futures and options on interest rates, commodities, equity indices, and currencies. It started out as the owner of the Chicago Mercantile Exchange, but in the past couple of decades, it expanded -- first merging with the Chicago Board of Trade, and then acquiring several others, including the New York Mercantile Exchange and the Commodity Exchange.