2012 WFE Cost & Revenue Survey

key findings:

  •   For the first time since 2001, total revenues decreased (-10%) to USD 28 bn. All the types of exchanges and all the regions were affected.

-       Trading revenues from both cash and derivative markets declined following the drop in volumes.

  •  Total costs also decreased (-5%) but to a lesser extent.
  •  Profitability then decreased sharply:

-       Net income was down 25% at USD 9 billion

-       Average net profit margin was 32% (against 39% in 2011)

  •  Nevertheless this increase was partly due to exceptional items:

-       EBITDA decrease was less pronounced (-15%) than Net Income.

Report Date: 
Fri, 07/26/2013