Finally seeing a bottom in the numbers for FCSX. As reported after the close last night, FCSX saw improvements in OTC volume and segregated assets. As a reminder, FCSX made the majority of its income in 2008 on the interest income from customer assets. Seeing that bottom is a promising sign.
* OTC volume (in thousands) of 30.8 contracts, compared to 25.7 contracts in March 2009 and 78.5 contracts in April 2008; * Exchange-traded contract volume (in thousands) of 4,151.9 contracts, compared to 5,008.8 contracts in March 2009 and 9,512.3 contracts in April 2008; and * Customer segregated assets (in millions) of $818.4 as of April 30, 2009, compared to $754.2 on March 31, 2009 and $1,556.4 on April 30, 2008.