Exchange operator Cboe profit rises as market volatility lifts trading volumes

(Reuters) - Cboe Global Markets reported a rise in first-quarter profit on Friday, as the exchange operator's trading volumes swelled on heightened market fluctuations amid a banking crisis and rising interest rates.

The company reported a net income of $172.6 million, or $1.63 per share, for the quarter ended March 31, compared with $109.2 million, or $1.02, a year earlier.

(Reporting by Siddarth S in Bengaluru; Editing by Krishna Chandra Eluri)