Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. junior Avg
|
New words:
amalgamate, anniversary, banning, covenant, entry, expressed, FTC, illustrative, Indenture, language, merge, modified, perfected, personal, preferred, proportionally, redeem, redeemed, redemption, removing, resolved, scheduled, subordinated, successive, thereof, trustee, unpaid, Valor, vi, vii
Removed:
decline, declining, fourth, invested, terminate
Financial report summary
?Management Discussion
- Our total revenues decreased $71.4 million, or 3.0%, to $2,293.4 million for the year ended December 31, 2023, compared to $2,364.8 million for the year ended December 31, 2022. This decrease was primarily attributable to decreases of $327.6 million in Trading income, net and $74.2 million in Commissions, net and technology services, during the year ended December 31, 2023 compared to the prior period, partially offset by an increase of $303.5 million in Interest and dividends income, which is largely driven by the level of trading assets held over periods when dividends are paid, and the levels of stock borrowing and trading asset financing during the year ended December 31, 2023 compared to the same period in 2022.