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On the Call: Nasdaq OMX CEO Bob Greifeld

Nasdaq OMX Group Inc., which operates equities and options exchanges in the U.S. and abroad, appear a better-than-expected fourth-quarter accumulation on Monday. Acquirement declined, however, as trading volumes and appraisement dipped.

On a appointment alarm with analysts, Chairman and CEO Bob Greifeld discussed the company's opportunities for top-line growth.

QUESTION: Bob, you've historically affectionate of mapped out what you anticipate the acquirement opportunities are for some of your new initiatives and affectionate of ranked them. I anticipate aftermost alarm you mentioned IDCG (International Derivatives Allowance Group, the company's absorption amount bandy allowance business). Aloof capital to get an update. You still accept several things out there that you're alive on, what do you anticipate has the better opportunity, both abreast appellation as able-bodied as abiding in agreement of your initiatives?

ANSWER: Well, we absolutely accept that the absorption amount bandy bazaar is the better beginning bazaar for us to try and accretion absorption in. And our activity is it's about adamantine to appreciate in 2010 that a bazaar that ample absolutely doesn't accept any basal alignment to it. So that stands alone. Many acceptable things activity on here. I would absolutely absolute you to the U.K. ability market, area as I said in my able comments, the atom bazaar is at this point actual successful. The ample befalling for us is in the derivatives market, and it's our ambition to accept that derivatives bazaar launched ancient in the spring.

So we're optimistic about that. We are absolutely aflame about what a amount admeasurement bazaar can mean. It's adamantine for us to quantify that in any allusive way at this point in time. We additionally accept to get authoritative approval for that effort. So I would say aloof a cardinal of acceptable things activity on actuality and they accept altered ambit to them.



Write on Stock Markets | February 8, 2010 |

 

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