Nasdaq third quarter profit jumps 68%

Chief executive of exchange operator says we are living through the bottom of the cycle in equities trading

Nasdaq OMX Group's third quarter earnings jumped 68% as the exchange operator bucked a slowdown in stock trading activity, helped by its business in derivatives and strength in exchange services.

The company ramped up a share buyback program as it outlined signs of progress in ventures into power markets and a new US stock market.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump