(MENAFN- Kuwait News Agency (KUNA)) NASDAQ Group reported Thursday the results for the second quarter of 2015 with a net revenues of USD 518 million down one percent from previous year's USD 523 million.
The group announced in a press release that the drop was driven primarily by a USD 29 million negative impact from foreign exchange rates.
On an organic basis, Nasdaq said that excluding the impact of foreign exchange rates and acquisitions, second quarter net revenues "were up three percent, while across the non-trading segments, organic revenue growth was also three percent.
Moreover, Nasdaq's CEO Bob Greifeld said today that in the second quarter, Nasdaq delivered record results and solid earnings growth "despite a mixed backdrop for the industry and continued FX headwinds." Nasdaq's customer focused approach to the capital markets industry, including investors, intermediaries and issuers, delivered solid organic revenue growth despite the low volatility environment, he added.
Moving into the second half of this year, Greifeld expressed in the press release, that the group looks forward to continuing the strong performance in foundational equity listings and trading businesses, working to accelerate growth through product enhancements and other initiatives, and to launching NFX, a broad-based partnership with leading market participants to bring more significant choice to the energy derivatives market.
"Nasdaq's strategic evolution and expanded capabilities have multiplied the opportunities to meet the needs of our customers, and our focus in meeting these challenges will continue to drive our growth," he added.
Nasdaq is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. (end) mao.tg
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