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Exchange operator CBOE Holdings' profit rises 17 percent

April 29 (Reuters) - CBOE Holdings Inc, operator of the largest U.S. options exchange, reported a 17 percent rise in first-quarter profit, boosted by higher transaction fees.

CBOE, which owns the Chicago Board Options Exchange, said net income allocated to common shareholders rose to $49.2 million, or 60 cents per share, for the quarter ended March 31, from $42.1 million, or 50 cents per share, a year ago.

(Reporting by Nikhil Subba in Bengaluru; Editing by Savio D'Souza)