Nasdaq OMX has posted fourth-quarter profit after revenues from U.S. derivatives exceeded that from U.S. stock trading, Financial Times reports. The U.S. derivatives trading net revenues, which include Nasdaq options markets, increased to $42 million in the three months to Dec. 1, 2010, up 35%, over the quarter last year. Nasdaq’s revenues for the full year 2010 were $265 million for derivatives and $255 million for cash equities. The exchange’s net income attributable more than tripled to $137 million in 2010, from $43 million, a year earlier, adds Bloomberg.
Click here for the story from Financial Times.
Click here for additional coverage from Bloomberg.