Exchange replaced its controversial rebate scheme at start of December.
Nasdaq OMX NLX, the European trading
platform, has seen trading volumes fall in the two weeks after
its decision to scrap a controversial rebate scheme.
According to data from the NLX website,
the platform has executed 315,000 trades so far in December,
which equates to an average daily volume (ADV) of 24,230
This represents a fall of almost 55% on
November ADV of 53,644 trades and a decline of 78% on December
2013 ADV, according to FOW data.
This article is available exclusively to subscribers
Please log in to continue reading.
Not yet a subscriber?
Click here to take a free trial.
Already have an account? |
Please fill in your details below and a customer service representative will contact you.