Nasdaq OMX Group News

Exchanges need to constantly be on the lookout for abusive trading behaviour in order to protect the resiliency of the marketplace, Robert Greifeld, chief executive officer of Nasdaq OMX Group said on Thursday.

In a first for a US stock exchange, Nasdaq OMX Group on Thursday agreed to pay $26.5 million to settle a class-action lawsuit involving its bungling of Facebook Inc`s $16 billion initial public offering, the plaintiffs` lawyers said.

Nasdaq OMX Group Inc agreed to provide a startup the core technology to power a marketplace for trading bitcoins and related digital-currency assets, the Wall Street Journal reported.

Nasdaq OMX Group Inc lured back former Chief Financial Officer Adena Friedman as co-president.