The rise in short term interest rates drove $900,000 increase in interest expense versus the prior year. Interest expense related to fixed income trading and securities lending activities increased $144,900,000 $5,700,000 respectively, as compared to the prior year, while interest paid to clients increased 28,100,000 Segment income declined 5% to $45,100,000 in the current period as a result of the $6,100,000 decrease in net operating revenues as well as a $9,600,000 increase in non variable expenses, including a $2,400,000 increase in fixed comp and benefits, a $1,700,000 increase in professional fees, an $800,000 increase in trade systems and market information and a $500,000 increase in travel and business development. These negative variances were partially offset by $13,100,000 decline in variable compensation as compared to the prior year. Segment income declined $10,700,000 versus the immediately preceding quarter. Moving to the next slide, operating revenues in our retail segment declined $17,000,000 versus the prior year, which is primarily driven by a $16,300,000 decrease in FX and CFD revenues, primarily as a result of a 25% decline in FX CFD average daily volumes, which was partially offset by a 7% increase in rate per million as compared to the prior year.