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Nasdaq OMX has reported net income of $36.8m in the fourth quarter of 2008. This is a 53% fall in profits from $79m in the same period last year.
The results are presented on a non-GAAP basis...
"[This will] further consolidate the DME Oman contract as the third global crude oil pricing benchmark, alongside WTI and Brent.”
Ahmad Sharaf, chairman of the Dubai Mercantile Exchange