NDAQ » Topics » Other Market Services

This excerpt taken from the NDAQ 10-Q filed Nov 7, 2008.

Other Market Services

Other Market Services revenues increased in the third quarter and for the first nine months of 2008 compared with the same periods in 2007 primarily due to the inclusion of OMX revenues of $8.8 million in the third quarter 2008 and $20.4 million for the first nine months of 2008. Other Market Services includes revenues from the OTC Bulletin Board and revenues from NASDAQ’s testing facility which charges a fee for customers testing new services.

This excerpt taken from the NDAQ 10-Q filed Aug 8, 2008.

Other Market Services

Other Market Services revenues increased in the second quarter and for the first six months of 2008 compared with the same periods in 2007 primarily due to the inclusion of OMX revenues of $8.9 million in the second quarter 2008 and $11.7 million for the first six months of 2008. Other Market Services includes revenues from the OTC Bulletin Board and testing facility.

 

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This excerpt taken from the NDAQ 10-K filed Feb 25, 2008.

Other Market Services

 

Other Market Services revenues decreased in 2007 compared with 2006 and increased in 2006 compared with 2005. The decrease in 2007 was primarily due to a decrease in revenues earned from our testing facility due to our migration to a single trading platform. The increase in 2006 compared with 2005 was primarily due to a contract between FINRA and Nasdaq for the operations of the OTCBB, which took effect on October 1, 2005. We transferred responsibility for the OTCBB back to FINRA, but agreed to continue to operate the OTCBB initially on a contract basis for two years, subject to renewals. We currently operate the OTCBB on a month to month contract basis.

 

This excerpt taken from the NDAQ 8-K filed Feb 20, 2008.

Other Market Services

Other Market Services revenues decreased in 2007 compared with 2006. The decrease in 2007 was primarily due to a decrease in revenues earned from our testing facility due to the migration to a single trading platform.

This excerpt taken from the NDAQ 10-Q filed Aug 1, 2007.

Other Market Services

Other Market Services revenues decreased in the second quarter and for the first six months of 2007 compared with the same periods last year primarily due to a decrease in testing fee revenues that occurred when Nasdaq became operational as an exchange in Nasdaq-listed securities in August 2006.

This excerpt taken from the NDAQ 10-Q filed May 9, 2007.

Other Market Services

Other Market Services revenues decreased in the first quarter of 2007 compared with the first quarter of 2006 primarily due to a decrease in testing fee revenues that occurred when Nasdaq became operational as an exchange in Nasdaq-listed securities in August 2006.

This excerpt taken from the NDAQ 10-K filed Feb 28, 2007.

Other Market Services

 

Other Market Services revenues increased in 2006 compared with 2005 and in 2005 compared with 2004. These increases were primarily due to a contract between NASD and Nasdaq for the operations of the OTCBB, which took effect on October 1, 2005. We transferred responsibility for the OTCBB back to NASD, but agreed to continue to operate the OTCBB on a contract basis for two years, subject to renewals. Also contributing to the increase in 2005 was the receipt of revenues from NASD for technology and development support services that we provide to NASD for a fixed income trade reporting platform beginning November 1, 2004. Nasdaq entered into a new contract with NASD in November 2004 for the technology and development support services. See Note 13, “Related Party Transactions,” to the consolidated financial statements for further discussion.

 

This excerpt taken from the NDAQ 10-Q filed Nov 8, 2006.

Other Market Services

Other Market Services revenues increased for the third quarter and for the first nine months of 2006 compared with the same periods last year primarily due to a contract between NASD and us for the operations of the OTCBB, which took effect on October 1, 2005. We transferred responsibility for the OTCBB back to NASD, but agreed to continue to operate the OTCBB on a contract basis for two years, subject to renewals.

This excerpt taken from the NDAQ 10-Q filed Aug 8, 2006.

Other Market Services

 

Other Market Services revenues increased for the second quarter and for the first six months of 2006 compared with the same periods last year primarily due to a contract between NASD and us for the operations of the OTCBB, which took effect on October 1, 2005. We transferred responsibility for the OTCBB back to NASD, but agreed to continue to operate the OTCBB on a contract basis for two years, subject to renewals.

 

This excerpt taken from the NDAQ 10-Q filed May 10, 2006.

Other Market Services

 

Other Market Services revenues increased primarily due to a contract between NASD and us for the operations of the OTCBB, which took effect on October 1, 2005. We transferred responsibility for the OTCBB back to NASD, but agreed to continue to operate the OTCBB on a contract basis for two years, subject to renewals.

 

This excerpt taken from the NDAQ 10-K filed Mar 15, 2006.

Other Market Services

 

Other Market Services revenues increased $9.8 million, or 93.3%, in 2005 compared with 2004 and increased $2.3 million, or 28.0%, in 2004 compared with 2003. The increase in 2005 was primarily due to a new contract between NASD and Nasdaq for the operations of the OTCBB, which took effect on October 1, 2005. Nasdaq transferred responsibility for the OTCBB back to NASD, but agreed to continue to operate the OTCBB on a contract basis for two years, subject to renewals. See Note 11, “Related Party Transactions,” to the consolidated financial statements for further discussion. Also contributing to the increase in 2005 and the increase in 2004 was the receipt of revenues from NASD for technology and development support services that we provided to NASD for a fixed income trade reporting platform beginning November 1, 2004. As discussed in Note 11, “Related Party Transactions,” to the consolidated financial statements, Nasdaq entered into a new contract with NASD in November 2004 for the technology and development support services.

 

This excerpt taken from the NDAQ 10-Q filed Nov 8, 2005.

Other Market Services

 

Other Market Services revenues increased $2.1 million, or 95.5%, for the three months ended September 30, 2005 and increased $6.3 million, or 92.6%, for the nine months ended September 30, 2005, compared with the same periods of 2004. These increases were primarily due to the receipt of revenues from NASD in 2005 for technology and development support services provided to NASD for a fixed income trade reporting platform. As discussed in “Related Party Transactions—Related Party Revenues,” of Note 3, “Significant and Related Party Transactions,” to the condensed consolidated financial statements, Nasdaq entered into a new contract with NASD in November 2004 for these services.

 

This excerpt taken from the NDAQ 10-Q filed Aug 9, 2005.

Other Market Services

 

Other Market Services revenues increased $2.1 million, or 91.3%, for the three months ended June 30, 2005 and increased $4.2 million, or 91.3%, for the six months ended June 30, 2005, compared with the same periods of 2004. These increases were primarily due to the receipt of revenues from NASD in 2005 for technology and development support services provided to NASD for a fixed income trade reporting platform. As discussed in “Related Party Transactions-Related Party Revenues,” of Note 3, “Significant Transactions,” to the condensed consolidated financial statements, Nasdaq entered into a new contract with NASD in November 2004 for these services.

 

This excerpt taken from the NDAQ 10-Q filed May 13, 2005.

Other Market Services

 

Other Market Services revenues increased $2.2 million, or 100.0%, for the three months ended March 31, 2005 compared with the same period of 2004, primarily due to the receipt of revenues from NASD for technology and development support services provided to NASD for a fixed income trade reporting platform.

 

This excerpt taken from the NDAQ 10-Q filed May 10, 2005.

Other Market Services

 

Other Market Services revenues increased $2.2 million, or 100.0%, for the three months ended March 31, 2005 compared with the same period of 2004, primarily due to the receipt of revenues from NASD for technology and development support services provided to NASD for a fixed income trade reporting platform.

 

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