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CBOE Profit Exceeds Estimates on Trading, Revenue Capture

CBOE Holdings Inc., the biggest U.S. options market by volume, reported second-quarter profit that beat analyst projections as trading volumes climbed.

Net income increased 20 percent to $45.5 million, or 52 cents a share, the Chicago-based company said today in a statement. Earnings excluding some items were 54 cents a share, exceeding the 51-cent average analyst estimate, according to data compiled by Bloomberg.