Market Access Fees

Year/year growth in the Market Access Fees catagory is roughly 32% (source: http://tinyurl.com/6a8ug) from 2003 to 2004.

It's a shame that the analyst community has disregarded revenue streams other than transaction fees. Currently at approximately 11% of total revenue, it's a line to keep an eye on as it contributes to AX's overall revenues.