The Nasdaq OMX Group has posted net income attributable to NASDAQ OMX of $96m, or $0.46 per diluted share, for the second quarter of 2010, compared with $69m, or $0.33 per diluted share, in the second quarter of 2009.
Revenues less liquidity rebates, brokerage, clearance and exchange fees (net exchange revenues) were $390m for the second quarter of 2010, an increase of $23m, or 6%, from second quarter of 2009 results.
According to the company, changes in the exchange rates of various currencies as compared to the US dollar had the impact of lowering revenues in the second quarter of 2010 by $8m when compared to the first quarter of 2010; however, changes in exchange rates had the impact of increasing revenues by $2m when compared to the second quarter of 2009.
Net exchange revenues from transaction services were $186m for the second quarter of 2010, an increase of $31m, or 20%, when compared to the second quarter of 2009.
Market services net exchange revenues were $270m, up 10% when compared to the second quarter of 2009. Issuer services revenues were $86m, an increase of $1m, or 1%, when compared to the second quarter of 2009.
Bob Greifeld, CEO of Nasdaq OMX, said: “Our record-tying performance this quarter was driven by the strong fundamentals of our core business. Top-line growth within our transaction businesses was complemented by growing demand for co-location and listed company corporate services. During the quarter, we also saw an increase in the total number of listed companies on continued strength of the IPO market.
“These results demonstrate that our diversified business model is capable of delivering solid results while simultaneously allowing us to pursue growth initiatives to drive our business forward.”