with the overall market increase in value traded while in Canada, we posted modest revenue growth compared to both fourth quarter and the first quarter of 2013 despite the reduction from both periods in the currency translation.

Our Asia-Pacific revenues were down 14% compared to both the fourth quarter and the first quarter of 2013 due in part to the impact of a $900,000 client trade accommodation loss associated with connectivity issues we had on a day when we were processing large tradings.

International expenses were higher than both the fourth quarter and the first quarter of 2013 due largely to the impact of transaction processing costs and variable compensation costs on higher revenue levels. The compensation ratio for our combined international operations fell to 30 2%. This ratio isrecurring energy research revenues.

Our platforms group saw a 2% increase in sequential revenues but a 5% decline versus the first quarter of 2013. The year-over-year decline is due to a decrease in revenues derived from our OMS platform and from a reduction in shared commission revenues in the US from the ITG electronic brokerage group due to the lower volumes.

These year-over-year declines were partly offset by higher Triton commission share revenues in Europe and by growth in standalone network connectivity revenue. Analytics revenues were essentially flat compared to both the fourth quarter and the first quarter 2013.

On Slide 15, we are presenting supplementary pretax information for our four product groups and for our corporate function for the first quarter of 2014 with a comparison to the margin rate