what's Trade Revenue

in banking terms?  Serious question.  Trade revenue was down, while profits were up?

That means trading profits for the banks.

Profits were up because banks placed less in loan loss allowances than in previous quarters..

thanks Wallstreetcapper,

They trade any and everything..

Currencies, futures, shares, derivatives, options, you name it they trade it.

thx. apparantly there is some concern as to Obama's regulations interefereing with this form of banking revenue?  Do you believe that's accurate or more of a ploy by the financial industry?  I mean, I guess I don't see exactly how regulation would limit their trade revenue, unless the new laws are designed for that very thing.