Nasdaq Reports Fall in Market Information Revenues in 2nd Qtr.
EARNINGS REPORT
NEW YORK--The Nasdaq Stock Market’s market information services generated $118.7 million for the six months ended June 30, a decrease of $15.9 million from the previous year and a decline of 11.8 percent.
A source within Nasdaq says the decline in market information revenue is due primarily to the decrease in individual investor demand for access to market data and information. The decline was augmented by Nasdaq’s introduction of a lower priced non-professional NQDS service, while market
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