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The Best of Times, The Worst of Times

Traders Magazine, May 2004

Peter Chapman

Wall Street's equity desks turned in another poor year in 2003. Members of the New York Stock Exchange and NASD reported equity sales and trading revenues of $22.7 billion last year, according to the Securities Industry Association. That's a decline of eight percent from 2002 when the equities business generated revenues of $24.9 billion.

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