Exchanges Grow Q1 Data Revenues

Last week, the Chicago Board of Trade reported record Q1 revenues of $187.7 million and record net income of $68.4 million. Officials attribute the rises to record trading volumes and higher average exchange fee rates. Revenues from market data contributed $25.1 million, up only around 0.4 percent from the previous quarter, but up 6.1 percent from Q1, 2006.

Nasdaq also reported Q1 revenues last week totaling $562 million, up from $447.4 million in the previous quarter and $396.2 million for Q

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