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Exchange operator Cboe quarterly profit slumps nearly 10%

April 30 (Reuters) - Exchange operator Cboe Global Markets Inc posted a 9.6% fall in first-quarter profit on Friday, as higher expenses weighed on gains from an upsurge in trading volumes driven by pandemic-driven market volatility.

Net income, excluding one-time expenses, fell to $164.8 million, or $1.53 per share, from $182.3 million, or $1.65 per share a year earlier. (Reporting by Sohini Podder in Bengaluru; Editing by Ramakrishnan M.)

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