BY JACOB BUNGE
Nasdaq OMX Group Inc.'s core U.S. stock-trading business has retained market share despite some of its largest customers suffering heavy losses in the bungled debut of Facebook Inc.
Officials at some of Nasdaq OMX's largest customers said they had considered moving trades to other exchanges, but business has held steady at Nasdaq OMX in the weeks following the IPO on May 18. The three U.S. stock markets run by Nasdaq OMX had about 22% of all U.S. stock trades in June, generally in line with the last three months, according to data from BATS Global Markets Inc.
That compares with ...
BY JACOB BUNGE
Nasdaq OMX Group Inc.'s core U.S. stock-trading business has retained market share despite some of its largest customers suffering heavy losses in the bungled debut of Facebook Inc.
Officials at some of Nasdaq OMX's largest customers said they had considered moving trades to other exchanges, but business has held steady at Nasdaq OMX in the weeks following the IPO on May 18. The three U.S. stock markets run by Nasdaq OMX had about 22% of all U.S. stock trades in June, generally in line with the last three months, according to data from BATS Global Markets Inc.
That compares with ...
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