Vendor and Exchange Results Largely Positive

ORGANIZATION & STRATEGY

Though Reuters’ full-year and fourth-quarter results garnered the most interest among analysts last week (see related article, this issue), several other vendors and exchanges reported financial results that generally show a positive trend, although the periods covered vary.

The Australian Stock Exchange did particularly well for the first half of 2004, ending Dec. 31, 2004. Revenue from market data increased by 7.5 percent to A$17.7 million due to increased demand for professional real-time