Nasdaq's Data Revenues Down

EXCHANGE WATCH

Nasdaq's revenues from its Market Information Services declined in Q3 due to a fall in professional and non-professional subscriptions, officials said last week.

The unit's revenues fell by 15 percent from $58.2 million in the comparable period a year ago to $49.1 million for the third quarter in 2002. Nasdaq's revenue for all its business lines was $199.1 million, which was flat compared to the third quarter of 2001.

The exchange says its third quarter revenues reflect a continuation of the

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