Thomson Financial said last week that revenues increased 13 percent in the second quarter of 2005 to $470 million and adjusted operating profits increased by 39 percent to $75 million.
The rise in adjusted operating profits includes a one-off $14 million insurance recovery in the second quarter of 2004 related to business interruption after the events of Sept. 11, 2001 in New York.
Revenue growth was primarily due to higher volume within transaction-based businesses such as TradeWeb, according
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails