The Office of the Comptroller (OCC) recently released its Quarterly Report on Bank Trading and Derivatives Activities, which found that insured U.S. commercial banks and savings associations reported trading revenue of $7.3 billion in the second quarter of 2013 – $0.2 billion lower (3 percent) than the $7.5 billion reported in the first quarter. Although the decline in trading revenue was anticipated due to the well-established seasonal pattern, the surprise in this report is how small the decline was. "Second quarter trading revenue was $5.3 billion higher (268 percent) than $2.0 billion in the second quarter of 2012." For more, read the full press release.