Exchange operator CBOE's second-quarter profit drops 7%

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(Reuters) – Exchange operator Cboe Global Markets (NYSE:CBOE) Inc on Friday reported a 7% drop in second-quarter profit, weighed down by weaker trading in U.S equities and a jump in expenses.

Net income fell to $105.2 million, or 98 cents per share, for the quarter ended June 30, from $113.3 million, or $1.03 per share, a year earlier.