Nasdaq's first quarter net revenues hit $507 million, down 4% year-on-year
Robert Greifeld, chief
executive of Nasdaq, has backed struggling European futures
exchange Nasdaq NLX despite volumes declining over 90% in the
past six months.
Speaking on the US
exchange’s first quarter earnings call, Griefeld
said: "We remain optimistic that we have a future for NLX",
adding the firm had succeeded in cutting costs"quite
Greifeld told investors
the group had drawn lessons from its NLX experience in
developing new energy platform Nasdaq Futures
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