Spreadsheet: 8760a3f5-12b4-4e52-b039-25b1f41c9a9b
Sheet: Detailed Revenue

The NASDAQ OMX Group, Inc.
Revenue Detail
(in millions)
(unaudited)
 |  |  |  | Three Months Ended |  |  |  |  |  | Year Ended
 |  |  |  | December 31, |  | September 30, |  | December 31, |  | December 31, |  | December 31,
 |  |  |  | 2009 |  | 2009 |  | 2008 |  | 2009 |  | 2008
MARKET SERVICES
 | Transaction Services
 | Cash Equity Trading Revenues:
 | U.S. cash equity trading |  |  | 446 |  | 461 |  | 675 |  | 2010 |  | 2412
 | Cost of revenues:
 | Liquidity rebates |  |  | -286 |  | -310 |  | -516 |  | -1394 |  | -1718
 | Brokerage, clearance and exchange fees |  |  | -130 |  | -127 |  | -93 |  | -465 |  | -444
 | Total U.S. cash equity cost of revenues |  |  | -416 |  | -437 |  | -609 |  | -1859 |  | -2162
 | Net U.S. cash equity trading revenues |  |  | 30 |  | 24 |  | 66 |  | 151 |  | 250
 | European cash equity trading |  |  | 24 |  | 25 |  | 28 |  | 99 |  | 116
 | Total net cash equity trading revenues |  |  | 54 |  | 49 |  | 94 |  | 250 |  | 366
 | Derivative Trading and Clearing Revenues:
 | U.S. derivative trading |  |  | 61 |  | 58 |  | 48 |  | 232 |  | 93
 | Cost of revenues:
 | Liquidity rebates |  |  | -22 |  | -19 |  | -12 |  | -81 |  | -26
 | Brokerage, clearance and exchange fees |  |  | -8 |  | -5 |  | -1 |  | -16 |  | -2
 | Total U.S. derivative cost of revenues |  |  | -30 |  | -24 |  | -13 |  | -97 |  | -28
 | Net U.S. derivative trading revenues |  |  | 31 |  | 34 |  | 35 |  | 135 |  | 65
 | European derivative trading and clearing revenues |  |  | 26 |  | 20 |  | 19 |  | 87 |  | 64
 | Total net derivative trading and clearing revenues |  |  | 57 |  | 54 |  | 54 |  | 222 |  | 129
 | Access Services Revenues |  |  | 39 |  | 36 |  | 32 |  | 138 |  | 112
 | Total Transaction Services revenues less liquidity
 | rebates, brokerage, clearance and exchange fees |  |  | 150 |  | 139 |  | 180 |  | 610 |  | 607
 | Market Data
 | Net U.S. tape plans |  |  | 33 |  | 31 |  | 37 |  | 128 |  | 146
 | U.S. market data products |  |  | 30 |  | 29 |  | 27 |  | 116 |  | 107
 | European market data products |  |  | 20 |  | 19 |  | 21 |  | 78 |  | 77
 | Total Market Data revenues |  |  | 83 |  | 79 |  | 85 |  | 322 |  | 330
 | Broker Services |  |  | 6 |  | 9 |  | 11 |  | 32 |  | 41
 | Other Market Services |  |  | 1 |  | 3 |  | 3 |  | 9 |  | 8
 | Total Market Services revenues less liquidity
 | rebates, brokerage, clearance and exchange fees |  |  | 240 |  | 230 |  | 279 |  | 973 |  | 986
ISSUER SERVICES
Corporate Client Group: | Global Listing Services:
U.S. Operations: | Annual renewal fees |  |  | 29 |  | 29 |  | 31 |  | 117 |  | 125
 | Listing of additional shares fees |  |  | 10 |  | 9 |  | 10 |  | 37 |  | 40
 | Initial listing fees |  |  | 5 |  | 5 |  | 5 |  | 20 |  | 22
 | Total U.S. listing fees |  |  | 44 |  | 43 |  | 46 |  | 174 |  | 187
 | European listing fees |  |  | 12 |  | 11 |  | 12 |  | 45 |  | 48
 | Corporate services |  |  | 16 |  | 17 |  | 17 |  | 66 |  | 64
 | Total Global Listing Services |  |  | 72 |  | 71 |  | 75 |  | 285 |  | 299
 | Global Index Group |  |  | 10 |  | 10 |  | 10 |  | 39 |  | 44
 | Total Issuer Services revenues |  |  | 82 |  | 81 |  | 85 |  | 324 |  | 343
MARKET TECHNOLOGY
 | License, support and project revenues |  |  | 34 |  | 28 |  | 22 |  | 110 |  | 86
 | Facility management services |  |  | 9 |  | 7 |  | 9 |  | 30 |  | 29
 | Other revenues |  |  | 1 |  | 1 |  | 4 |  | 5 |  | 4
 | Total Market Technology revenues |  |  | 44 |  | 36 |  | 35 |  | 145 |  | 119
Other |  |  |  | 3 |  | 2 |  | 4 |  | 11 |  | 12
Total revenues less liquidity rebates, brokerage,
clearance and exchange fees |  |  |  | 369 |  | 349 |  | 403 |  | 1453 |  | 1460