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Nasdaq injects further millions into NLX

US exchange's loss-making European derivatives venue gets second cash injection this year

Nasdaq injects further millions into NLX

Nasdaq has poured a further £6 million into its European derivatives venue NLX, bringing its total share capital investment in the troubled initiative to £62 million.

The latest share allotment was announced through a filing by NLX at the UK's Companies House on November 18. This follows on from a similar increase in NLX's capital on April 2015, when Nasdaq pumped £6.6 million into the business, and underlines the exchange group's commitment to the venture despite its less than glowing performance to date.

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