Exchange Data Revenues Fluctuate in '05


A raft of exchanges reported their fourth quarter and year-end financial results last week, with broadly positive news marred only by a few small blips.

The Chicago Mercantile Exchange reported positive news on all fronts: Data revenues for Q4 2005 came to $17 million, up from $16 million in Q4 2004, while data revenues for the full year rose by 18 percent to $72 million.

The International Securities Exchange saw a 7.5 percent drop in market data revenues from $4.6 million in Q4 2004 to $4.3

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The Cusip lawsuit: A love story

With possibly three years before the semblance of a verdict is reached in the ongoing class action lawsuit against Cusip Global Services and its affiliates, Reb wonders what exactly is so captivating about the ordeal.

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