NQLX officials say they are committed to the quest of nurturing and growing its struggling single stock futures exchange despite firing half of its staff and watching its ceo resign last week.
Tom Ascher resigned quietly last Thursday and the NQLX staff was reduced to just eight in Chicago and New York, from 16. He is succeeded by Bob Fitzsimmons, who was serving as NQLX president and chief operating officer.
Ascher, who spoke with FO Week last Wednesday in his last interview as ceo, gave no indication that he was leaving the exchange, nor...