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This excerpt taken from the NDAQ 10-Q filed May 8, 2009. European Listing Services Revenues European Listing Services revenues increased in the first quarter of 2009 compared with the same period in 2008 primarily due to the inclusion of European Listing Services revenues for the full three-month period in 2009 compared with one month in 2008. In addition, currency fluctuations negatively impacted the increase in European Listing Services revenues by 14%. European Listing Services revenues are comprised of issuers revenues derived from annual fees received from listed companies on the exchanges that comprise NASDAQ OMX Nordic and NASDAQ OMX Baltic, and are directly related to the listed companies market capitalization. These revenues are recognized ratably over a 12-month period.
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Table of ContentsThis excerpt taken from the NDAQ 10-K filed Feb 27, 2009. European Listing Services Revenues
European Listing Services revenues, which are comprised of issuers revenues derived from annual fees received from listed companies on the exchanges that comprise NASDAQ OMX Nordic and NASDAQ OMX Baltic, are directly related to the listed companies market capitalization. These revenues are recognized ratably over a 12-month period.
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