Information revenues for the New Zealand Stock Exchange fell by 2.6 percent to NZ$681,000 in the first quarter of 2005, compared to the same period last year, officials said.
Carl Daucher, head of finance and strategy, attributes the decline to one-off requests for products.
"The fall in revenue was not attributable to our core revenue strengths of royalty or license fees," he tells Inside Market Data. "The dip was more attributable to one-off requests for custom products that were sold in the
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