Facebook costs hit Nasdaq's profit

Bob Greifeld highlighted that 72% of the exchange's revenue came from non-trading businesses

Nasdaq OMX Group's first quarter earnings dropped 51%, weighed down by outlays related to the botched Facebook stock market debut and acquisition-related charges.

In March, the exchange group sealed plans to pay out $62m to compensate customers for technical errors in the May 2012 Facebook offering, and set aside $10m in anticipation of settling a regulatory investigation into Nasdaq's handling of the episode.

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