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"And we expect to drive more trading revenue as a result of that."
It was the best quarter for trading revenue in more than two years, the company said.
Trading revenue was down 19 percent from the quarter a year earlier.
In the first six months of 2005, trading revenue was $6.5 million.
With trading revenues came glory and advancement at every level of the company.
From 2001 to 2006, Goldman's trading revenue surged 168 percent.
Trading revenue rose 21 percent, to a record $837 million.
Trading revenue was up 51 percent for the quarter.
Morgan said its bond and stock trading revenues also increased over last year.
That would surpass the total trading revenue of all but three American banks.
Trading revenue fell 54 percent, to $74 million, from a year earlier.
For the second quarter of 1993, trading revenues were $572 million.
But the drop was offset by healthy trading revenues and lower pay to employees.
Trading revenues more than doubled from a year earlier, to $146.2 million.
The composition of the trading revenue, however, changed dramatically.
The company's trading revenue also declined nearly 40 percent from a record-setting second quarter.
Trading revenues also rose to $484 million, a 22 percent increase over the third quarter last year.
Trading revenues were up 60 percent, to $346 million.
Trading revenue for the year was down 26 percent from last year, to $959 million.
Its trading revenue increased while its fees and commissions fell.
Trading revenue is down from earlier this year, but even from a year ago.
In the first quarter, trading revenue at the bank totaled $2.2 billion.
Morgan's first-quarter trading revenue this year was still higher than it reported in any quarter of 1992.
Mitsubishi said metals trading revenue grew 9.8 percent to 4,553 billion yen.
Trading revenue increased by 77 percent, to $1.9 billion.