Three months ended

September 30, 2001

September 30, 2000

Revenues:

Transaction services

$    84,580

$     91,283

Market information services

      58,255

       66,155

Corporate Client Group services

      39,378

       38,537

Other

      15,495

         6,745

Total revenues

    197,708

      202,720

Expenses:

Compensation and benefits

     45,322

      29,807

Marketing and advertising

       5,948

        9,161

Depreciation and amortization

     22,894

      17,076

Professional and contract services

     22,858

      15,679

Computer operations and data communications

     43,927

      36,706

Bad debt expense

      1,457

        1,219

Occupancy

      6,404

        3,460

Disaster related

         843

-

Other

     16,888

      11,335

Total direct expenses

   166,541

    124,443

Support costs from related parties, net

     24,413

      37,400

Total expenses

   190,954

    161,843

Net operating income

      6,754

      40,877

Interest income

     6,672

       5,519

Interest expense

    (2,997)

        (718)

Minority interests

     3,252

-

Provision for income taxes

    (5,736)

     (23,649)

Net income

$   7,945

$    22,029

Basic and diluted earnings per common share

$    0.07         

  $      0.18