our activities are divided into the following functional areas consisting of commercial hedging , global payments , securities , physical commodities , and clearing and execution services ( “ ces ” ) . recent events affecting the financial services industry the dodd-frank act created a comprehensive new regulatory regime governing the otc and listed derivatives markets and their participants by requiring , among other things : centralized clearing of standardized derivatives ( with certain stated exceptions ) ; the trading of clearable derivatives on swap execution facilities or exchanges ; and registration and comprehensive regulation of new categories of market participants as “ swap dealers ” and swap “ introducing brokers . ” our subsidiary , intl fcstone markets , llc , is a registered swap dealer . most of the rules affecting this business are now final , and external business conduct rules came into effect on may 1 , 2013. nevertheless , some important rules , such as those setting capital and margin requirements , have not been finalized or fully implemented , and it is too early to predict with any degree of certainty how we will be affected . we will continue to monitor all applicable developments in the implementation of the dodd-frank act . the legislation and implementing regulations affect not only us , but also many of our customers and counterparties . we are reviewing the regulatory changes that will be introduced by the markets in financial instruments directive ( “ mifid 2 ” ) and the markets in financial instruments regulation ( “ mifir ” ) to assess the impact this legislation is likely to have on our united kingdom business when implemented in 2016 and 2017. among other things , the legislation will impose additional transaction and position reporting requirements , disclosure obligations , as well as requiring certain over-the-counter derivatives to be traded on organized trading facilities ( “ otfs ” ) . on november 14 , 2013 , the cftc finalized new rules known as “ enhancing customer protections rules . ” these provisions , among other things , require enhanced customer protections , risk management programs , internal monitoring and controls , capital and liquidity standards , customer disclosures , and auditing and examination programs for fcms . the majority of these rules came into effect on january 13 , 2014 , however , certain remaining provisions were effective as of november 14 , 2014. fiscal 2014 highlights record overall operating revenues of $ 490.9 million , as well as record operating revenues in the global payments and securities segments . fixed expenses declined 2 % , versus fiscal 2013. average customer segregated deposits returned to record fiscal 2011 levels at $ 1.8 billion , with fourth quarter of fiscal 2014 averaging $ 2.0 billion . global payments segment operating revenues increased 35 % over fiscal 2013 to reach $ 55.4 million . completed the consolidation of our u.k. subsidiaries , forming one financial services firm permitted to provide all financial services except deposit taking and fund management . realized the benefits of the restructuring of our bank facilities and issuance of senior notes in fiscal 2013 , ending the year with $ 22.5 million in outstanding borrowings versus $ 270.0 million in committed facilities . completed our planned exit of the physical base metals business . 29 executive summary we experienced modest growth in operating revenues during fiscal 2014 , driven by record operating revenues in our global payments and securities segments as well as improved performance in our commercial hedging segment . these increases were tempered by declines in our physical commodities and clearing and execution services ( “ ces ” ) segments . interest income on customer deposits remained constrained by historically low short term interest rates , however , average customer equity , which generates interest income for us , increased 7 % to $ 1.8 billion compared to fiscal 2013. it is also of note that fiscal 2013 operating revenues include a $ 9.2 million gain recognized during the first quarter of fiscal 2013 on the sale of our shares in the lme and the board of trade of kansas city , missouri , inc. ( “ kcbt ” ) , following their acquisitions by the hong kong exchanges & clearing limited and the chicago mercantile exchange ( “ cme ” ) , respectively . the increase in our core commercial hedging operating revenues was primarily a result of an increase in exchange-traded and otc customer volumes . the increase in exchange-traded volumes was driven by improving domestic agricultural markets as well as continued volume growth in the lme metals business , partially attributed to expansion in the far east markets . otc volume growth was driven by increases in energy and renewable fuels customer activity , partially offset by a decline in brazil fx hedging volumes . operating revenues in our global payments segment experienced strong growth compared to the prior year . this sustained growth has resulted from the continued acquisition of commercial bank clients and the successful implementation of a new back office platform which enables us to process increased volumes , including smaller notional payments , without requiring the hiring of additional support personnel . all product lines within our securities segment experienced growth in fiscal 2014 , highlighted by double digit growth in debt trading and asset management revenues resulting from favorable market conditions both domestically and in south america . performance declined in both our physical commodities and ces segments , driven by low market volatility in exchange-traded and cash foreign exchange markets as well as a decline in customer transactions in physical commodities ' businesses . on the expense side , we continue to focus on maintaining our variable cost model and limiting the growth of our non-variable expenses . story_separator_special_tag administrative and executive incentive compensation was $ 12.2 million in fiscal 2014 compared to $ 11.5 million in fiscal 2013 . the fixed portion of compensation and benefits decreased 2 % to $ 108.0 million in fiscal 2014 compared to $ 110.7 million in fiscal 2013 . non-variable salaries increased $ 1.1 million , or 1 % . employee benefits increased $ 1.7 million in fiscal 2014. share-based compensation is also a component of the fixed portion , and includes stock option and restricted stock expense . stock option expense was $ 1.4 million in fiscal 2014 compared to $ 1.9 million in fiscal 2013 . restricted stock expense was $ 2.9 million in fiscal 2014 compared to $ 7.4 million in fiscal 2013 . the decrease in restricted stock expense is primarily related to the acceleration of expense in the fourth quarter of fiscal 2013 , resulting from the retirement of an executive of one of our wholly owned subsidiaries . the number of employees increased 4 % to 1,141 at the end of fiscal 2014 compared to 1,094 at the end of fiscal 2013 . other non-compensation expenses : other non-compensation expenses increased by 5 % to $ 94.1 million in fiscal 2014 compared to $ 89.8 million in fiscal 2013 . communication and data services expenses increased $ 2.7 million , primarily due to increases in market information expenses and trading software costs among the financial ag 's & energy otc and lme businesses and higher costs in our foreign exchange prime brokerage business related to trade system conversions . professional fees increased $ 2.5 million , primarily due to consultancy costs for the fcstone risk review , service costs related to our restatement of the 2012 and 2011 consolidated financial statements , and higher legal costs . depreciation and amortization decreased $ 0.7 million , primarily due to lower amortization of intangible assets , as certain intangibles became fully amortized during fiscal 2013. bad debts and impairments increased $ 4.7 million year-over-year . during fiscal 2014 , bad debts were $ 5.5 million , net of recoveries of $ 0.2 million , including $ 3.8 million in our commercial hedging segment , primarily related to account deficits from a hong kong commercial lme customer and brazilian otc financial ag 's & energy customers . additionally , we recorded bad debts of $ 0.9 million in our physical commodities segment related to renewable fuels activity in our physical 34 ag 's & energy component , and $ 0.7 million in our securities segment primarily related to a charge-off of uncollectible service fees . during fiscal 2013 , bad debts and impairments were $ 0.8 million , and included $ 0.1 million of impairment charges on intangible assets and $ 0.7 million of bad debt expense , net of recoveries of $ 0.1 million , primarily related to a charge-off of uncollectible service fees in our securities segment . other expense decreased $ 4.7 million , primarily as a result of the change in the revaluation of contingent liabilities related to certain business combinations . during fiscal 2014 , we revised downward the additional consideration to be paid for the transfer of accounts from tradewire securities , partially offset by an increase in the additional consideration to be paid for the acquisition of hencorp futures , netting to an expense recovery of $ 2.0 million . during fiscal 2013 , we accrued additional contingent consideration of $ 3.0 million primarily related to the acquisitions of the hanley companies and hencorp futures and the transfer of accounts from tradewire securities . additionally , increases in non-trading technology costs and hosted conferences were partially offset by fiscal 2013 including a regulatory settlement of $ 1.5 million - see note 11 to the consolidated financial statements . provision for taxes : the effective income tax rate on income from continuing operations was 25 % in fiscal 2014 compared to 13 % in fiscal 2013 . the effective income tax rate can vary from period to period depending on , among other factors , the geographic and business mix of our earnings . in fiscal 2013 , we released a portion of the valuation allowance for state net operating loss carryforwards and changed our state tax rate , resulting in a decrease in the effective tax rate . generally , when the percentage of pretax earnings generated from the u.s. decreases , our effective income tax rate decreases . year ended september 30 , 2013 compared to year ended september 30 , 2012 compensation and other expenses : compensation and other expenses increased $ 4.8 million , or 2 % , to $ 288.5 million in fiscal 2013 compared to $ 283.7 million in fiscal 2012. compensation and benefits : total compensation and benefits expenses increased modestly to $ 198.7 million in fiscal 2013 compared to $ 197.2 million in fiscal 2012. total compensation and benefits were 64 % of net operating revenues in fiscal 2013 and fiscal 2012. the variable portion of compensation and benefits decreased 9 % to $ 88.0 million in fiscal 2013 compared to $ 96.4 million in fiscal 2012. administrative and executive incentive compensation was $ 11.5 million in fiscal 2013 compared to $ 14.1 million in fiscal 2012. the fixed portion of compensation and benefits increased 10 % to $ 110.7 million in fiscal 2013 compared to $ 100.8 million in fiscal 2012 , related to increases in non-variable salaries , share-based compensation and other employee benefits . non-variable salaries increased $ 3.8 million , or 5 % , primarily related to the acquisition of the lme metals team , trx futures limited and the accounts of tradewire securities , as well as staffing additions across administrative departments , primarily in compliance , information technology development and credit and risk departments . share-based compensation is also a component of the fixed portion , and includes stock option and restricted stock expense . stock option expense was

cash flows our cash and cash equivalents increased from $ 156.1 million as of september 30 , 2013 to $ 231.3 million as of september 30 , 2014 , a net increase of $ 75.2 million . net cash of $ 132.6 million was provided by operating activities , $ 4.3 million was used in investing activities and net cash of $ 48.8 million was used in financing activities , of which $ 38.5 million was repaid on lines of credit and decreased the amounts payable to lenders under loans , $ 1.6 million was paid out as earn-outs on acquisitions and $ 9.7 million was used to repurchase shares . fluctuations in exchange rates caused a reduction of $ 4.3 million to our cash and cash equivalents . in the commodities industry , companies report trading activities in the operating section of the statement of cash flows . due to the daily price volatility in the commodities market , as well as changes in margin requirements , fluctuations in the balances of deposits held at various exchanges , marketable securities and customer commodity accounts may occur from day-to-day . a use of cash , as calculated on the consolidated statement of cash flows , includes unrestricted cash transferred and pledged to the exchanges or guarantee funds . these funds are held in interest-bearing deposit accounts at the exchanges , and based on daily exchange requirements , may be withdrawn and returned to unrestricted cash . additionally , within our unregulated otc and 49 forex operations , cash deposits received from customers are reflected as cash provided from operations .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```cash flows our cash and cash equivalents increased from $ 156.1 million as of september 30 , 2013 to $ 231.3 million as of september 30 , 2014 , a net increase of $ 75.2 million . net cash of $ 132.6 million was provided by operating activities , $ 4.3 million was used in investing activities and net cash of $ 48.8 million was used in financing activities , of which $ 38.5 million was repaid on lines of credit and decreased the amounts payable to lenders under loans , $ 1.6 million was paid out as earn-outs on acquisitions and $ 9.7 million was used to repurchase shares . fluctuations in exchange rates caused a reduction of $ 4.3 million to our cash and cash equivalents . in the commodities industry , companies report trading activities in the operating section of the statement of cash flows . due to the daily price volatility in the commodities market , as well as changes in margin requirements , fluctuations in the balances of deposits held at various exchanges , marketable securities and customer commodity accounts may occur from day-to-day . a use of cash , as calculated on the consolidated statement of cash flows , includes unrestricted cash transferred and pledged to the exchanges or guarantee funds . these funds are held in interest-bearing deposit accounts at the exchanges , and based on daily exchange requirements , may be withdrawn and returned to unrestricted cash . additionally , within our unregulated otc and 49 forex operations , cash deposits received from customers are reflected as cash provided from operations .
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 Suspicious Activity Report : our activities are divided into the following functional areas consisting of commercial hedging , global payments , securities , physical commodities , and clearing and execution services ( “ ces ” ) . recent events affecting the financial services industry the dodd-frank act created a comprehensive new regulatory regime governing the otc and listed derivatives markets and their participants by requiring , among other things : centralized clearing of standardized derivatives ( with certain stated exceptions ) ; the trading of clearable derivatives on swap execution facilities or exchanges ; and registration and comprehensive regulation of new categories of market participants as “ swap dealers ” and swap “ introducing brokers . ” our subsidiary , intl fcstone markets , llc , is a registered swap dealer . most of the rules affecting this business are now final , and external business conduct rules came into effect on may 1 , 2013. nevertheless , some important rules , such as those setting capital and margin requirements , have not been finalized or fully implemented , and it is too early to predict with any degree of certainty how we will be affected . we will continue to monitor all applicable developments in the implementation of the dodd-frank act . the legislation and implementing regulations affect not only us , but also many of our customers and counterparties . we are reviewing the regulatory changes that will be introduced by the markets in financial instruments directive ( “ mifid 2 ” ) and the markets in financial instruments regulation ( “ mifir ” ) to assess the impact this legislation is likely to have on our united kingdom business when implemented in 2016 and 2017. among other things , the legislation will impose additional transaction and position reporting requirements , disclosure obligations , as well as requiring certain over-the-counter derivatives to be traded on organized trading facilities ( “ otfs ” ) . on november 14 , 2013 , the cftc finalized new rules known as “ enhancing customer protections rules . ” these provisions , among other things , require enhanced customer protections , risk management programs , internal monitoring and controls , capital and liquidity standards , customer disclosures , and auditing and examination programs for fcms . the majority of these rules came into effect on january 13 , 2014 , however , certain remaining provisions were effective as of november 14 , 2014. fiscal 2014 highlights record overall operating revenues of $ 490.9 million , as well as record operating revenues in the global payments and securities segments . fixed expenses declined 2 % , versus fiscal 2013. average customer segregated deposits returned to record fiscal 2011 levels at $ 1.8 billion , with fourth quarter of fiscal 2014 averaging $ 2.0 billion . global payments segment operating revenues increased 35 % over fiscal 2013 to reach $ 55.4 million . completed the consolidation of our u.k. subsidiaries , forming one financial services firm permitted to provide all financial services except deposit taking and fund management . realized the benefits of the restructuring of our bank facilities and issuance of senior notes in fiscal 2013 , ending the year with $ 22.5 million in outstanding borrowings versus $ 270.0 million in committed facilities . completed our planned exit of the physical base metals business . 29 executive summary we experienced modest growth in operating revenues during fiscal 2014 , driven by record operating revenues in our global payments and securities segments as well as improved performance in our commercial hedging segment . these increases were tempered by declines in our physical commodities and clearing and execution services ( “ ces ” ) segments . interest income on customer deposits remained constrained by historically low short term interest rates , however , average customer equity , which generates interest income for us , increased 7 % to $ 1.8 billion compared to fiscal 2013. it is also of note that fiscal 2013 operating revenues include a $ 9.2 million gain recognized during the first quarter of fiscal 2013 on the sale of our shares in the lme and the board of trade of kansas city , missouri , inc. ( “ kcbt ” ) , following their acquisitions by the hong kong exchanges & clearing limited and the chicago mercantile exchange ( “ cme ” ) , respectively . the increase in our core commercial hedging operating revenues was primarily a result of an increase in exchange-traded and otc customer volumes . the increase in exchange-traded volumes was driven by improving domestic agricultural markets as well as continued volume growth in the lme metals business , partially attributed to expansion in the far east markets . otc volume growth was driven by increases in energy and renewable fuels customer activity , partially offset by a decline in brazil fx hedging volumes . operating revenues in our global payments segment experienced strong growth compared to the prior year . this sustained growth has resulted from the continued acquisition of commercial bank clients and the successful implementation of a new back office platform which enables us to process increased volumes , including smaller notional payments , without requiring the hiring of additional support personnel . all product lines within our securities segment experienced growth in fiscal 2014 , highlighted by double digit growth in debt trading and asset management revenues resulting from favorable market conditions both domestically and in south america . performance declined in both our physical commodities and ces segments , driven by low market volatility in exchange-traded and cash foreign exchange markets as well as a decline in customer transactions in physical commodities ' businesses . on the expense side , we continue to focus on maintaining our variable cost model and limiting the growth of our non-variable expenses . story_separator_special_tag administrative and executive incentive compensation was $ 12.2 million in fiscal 2014 compared to $ 11.5 million in fiscal 2013 . the fixed portion of compensation and benefits decreased 2 % to $ 108.0 million in fiscal 2014 compared to $ 110.7 million in fiscal 2013 . non-variable salaries increased $ 1.1 million , or 1 % . employee benefits increased $ 1.7 million in fiscal 2014. share-based compensation is also a component of the fixed portion , and includes stock option and restricted stock expense . stock option expense was $ 1.4 million in fiscal 2014 compared to $ 1.9 million in fiscal 2013 . restricted stock expense was $ 2.9 million in fiscal 2014 compared to $ 7.4 million in fiscal 2013 . the decrease in restricted stock expense is primarily related to the acceleration of expense in the fourth quarter of fiscal 2013 , resulting from the retirement of an executive of one of our wholly owned subsidiaries . the number of employees increased 4 % to 1,141 at the end of fiscal 2014 compared to 1,094 at the end of fiscal 2013 . other non-compensation expenses : other non-compensation expenses increased by 5 % to $ 94.1 million in fiscal 2014 compared to $ 89.8 million in fiscal 2013 . communication and data services expenses increased $ 2.7 million , primarily due to increases in market information expenses and trading software costs among the financial ag 's & energy otc and lme businesses and higher costs in our foreign exchange prime brokerage business related to trade system conversions . professional fees increased $ 2.5 million , primarily due to consultancy costs for the fcstone risk review , service costs related to our restatement of the 2012 and 2011 consolidated financial statements , and higher legal costs . depreciation and amortization decreased $ 0.7 million , primarily due to lower amortization of intangible assets , as certain intangibles became fully amortized during fiscal 2013. bad debts and impairments increased $ 4.7 million year-over-year . during fiscal 2014 , bad debts were $ 5.5 million , net of recoveries of $ 0.2 million , including $ 3.8 million in our commercial hedging segment , primarily related to account deficits from a hong kong commercial lme customer and brazilian otc financial ag 's & energy customers . additionally , we recorded bad debts of $ 0.9 million in our physical commodities segment related to renewable fuels activity in our physical 34 ag 's & energy component , and $ 0.7 million in our securities segment primarily related to a charge-off of uncollectible service fees . during fiscal 2013 , bad debts and impairments were $ 0.8 million , and included $ 0.1 million of impairment charges on intangible assets and $ 0.7 million of bad debt expense , net of recoveries of $ 0.1 million , primarily related to a charge-off of uncollectible service fees in our securities segment . other expense decreased $ 4.7 million , primarily as a result of the change in the revaluation of contingent liabilities related to certain business combinations . during fiscal 2014 , we revised downward the additional consideration to be paid for the transfer of accounts from tradewire securities , partially offset by an increase in the additional consideration to be paid for the acquisition of hencorp futures , netting to an expense recovery of $ 2.0 million . during fiscal 2013 , we accrued additional contingent consideration of $ 3.0 million primarily related to the acquisitions of the hanley companies and hencorp futures and the transfer of accounts from tradewire securities . additionally , increases in non-trading technology costs and hosted conferences were partially offset by fiscal 2013 including a regulatory settlement of $ 1.5 million - see note 11 to the consolidated financial statements . provision for taxes : the effective income tax rate on income from continuing operations was 25 % in fiscal 2014 compared to 13 % in fiscal 2013 . the effective income tax rate can vary from period to period depending on , among other factors , the geographic and business mix of our earnings . in fiscal 2013 , we released a portion of the valuation allowance for state net operating loss carryforwards and changed our state tax rate , resulting in a decrease in the effective tax rate . generally , when the percentage of pretax earnings generated from the u.s. decreases , our effective income tax rate decreases . year ended september 30 , 2013 compared to year ended september 30 , 2012 compensation and other expenses : compensation and other expenses increased $ 4.8 million , or 2 % , to $ 288.5 million in fiscal 2013 compared to $ 283.7 million in fiscal 2012. compensation and benefits : total compensation and benefits expenses increased modestly to $ 198.7 million in fiscal 2013 compared to $ 197.2 million in fiscal 2012. total compensation and benefits were 64 % of net operating revenues in fiscal 2013 and fiscal 2012. the variable portion of compensation and benefits decreased 9 % to $ 88.0 million in fiscal 2013 compared to $ 96.4 million in fiscal 2012. administrative and executive incentive compensation was $ 11.5 million in fiscal 2013 compared to $ 14.1 million in fiscal 2012. the fixed portion of compensation and benefits increased 10 % to $ 110.7 million in fiscal 2013 compared to $ 100.8 million in fiscal 2012 , related to increases in non-variable salaries , share-based compensation and other employee benefits . non-variable salaries increased $ 3.8 million , or 5 % , primarily related to the acquisition of the lme metals team , trx futures limited and the accounts of tradewire securities , as well as staffing additions across administrative departments , primarily in compliance , information technology development and credit and risk departments . share-based compensation is also a component of the fixed portion , and includes stock option and restricted stock expense . stock option expense was

