Nasdaq sees income drop 64%
12 April 2012
NASDAQ, the elctronic stock market saw its net income slide by 64% in the third quarter of this year.
Earnings fell from 18 cents to seven cents per share but revenues were only 2.5% lower at $197.7m (£129.2m) despite the market closing for four days after attack on the twin towers in New York.
President Richard Ketchum said: 'We expect the soft market conditions to continue in the fourth quarter.'