Chicago Mercantile Exchange Holdings Inc. today reported a 30% jump in third quarter profits, on a 22% increase in revenue.

The exchange’s results were driven by significantly increased trading volume in each major product line. Average daily volume was 4.2 million contracts for the third quarter, up 30% from the third quarter in 2004. Trading on the CME Globex electronic trading platform grew 45% to 2.9 million contracts per day and represented 69% of total CME volume in the quarter, compared with 61% in the same period last year.

While net revenues increased 22%, expenses only increased 15%, primarily driven by technology spending related to improved functionality and capacity.

“CME’s strong volume trends in both futures and options underscore the effectiveness of our ongoing strategy to grow our business in existing and new markets,” said CME chairman Terry Duffy, in a release.

“We posted another solid quarter, fueled by significant volume growth in our foreign exchange, interest rate and equity products. We achieved record monthly volume in September and are seeing sizable volume growth in our equity products in October,” Duffy added. “Our customer initiatives in Europe and Asia, along with our expanding network of telecommunications hubs, have positioned CME to continue building momentum outside the United States where the potential for growth in exchange-traded derivatives is significant.”