Revenue for the period was $140.6 million, compared to $141.3 million for the nine months to 31 March 2001.
Daily average equity trades for the period were lower than for the previous corresponding nine months (50,209 compared to 53,896). While trading volumes for the first six months of the current financial year were above the previous corresponding six months, volumes for the third quarter of the year were significantly lower than the record volumes achieved in the third quarter of the 1999/2000 financial year. The average two-sided fee per trade for the nine-month period increased to $5.35 from $5.29 for the nine months to 31 March 2000.
New listings remained strong with 138 recorded in the period, compared to 133 for the previous corresponding nine months. Daily average option contracts traded increased from 39,157 to 42,241 for the period, with significant volume increases in the third quarter. The average fee per trade for the nine-month period was $1.70 compared to $1.77 for the previous corresponding nine months. The number of new warrant series listed during the period was 883, a substantial increase on the 462 listed in the previous corresponding nine months. Growth in both new listings as well as volumes was particularly strong in the third quarter when 487 series were listed compared to 214 in the three months to 31 March 2000. Total warrant series listed at the end of the period were 895 compared to 548 as at 31 March 2000.
As indicated at the time of the company's announcement of its results for the six months to 31 December 2000, the outlook for the full-year remains largely dependent on the level of market activity for the remaining three months of the financial year, and in particular on the level of equity trading volumes. While levels of options volumes, and warrants listings and volumes are currently higher than for the corresponding period of last year, equity trading volumes currently remain below the volumes reached in the corresponding period of 2000.
