Financial Highlights
Significant growth in market share and trade and share volumes
Strong 1Q ‘99 growth in revenue and profitability
- 188% revenue growth vs. Q1 ‘98
- 344% net income growth vs. Q1 ‘98
Pre-tax margins = 35% in 1Q ‘99
Annualized ROE - 64% in Q1 ‘99
85% of expenses are variable in Q1 ‘99