It has been revealed that Nasdaq OMX Group Inc.'s registered a loss in first-quarter earnings by 35%. These results have fallen short of the numbers estimated by the analysts.

It has been reported that the market operator received some stability in its U. S. cash equities market share. This came after it received competition from small competitors.

According to reports, Nasdaq has ensnared itself into greater competition. This ensues, since the company took control over the businesses of North American Credit & Clearing Corp and took control of the U. S. Commodities platform in March.

Nasdaq posted a profit of $61 million, or 28 cents a share. This has fallen down from last year’s figure of $94 million, or 44 cents.

This posting does not include items such as asset-retirements and charges associated with the recognition of unamortized debt-issuance costs, earnings dropped to 43 cents from 48 cents.

It has been reported that total revenue not including liquidity rebates, brokerage, and clearance exchange fees fell 2.4% to $360 million.

Thomson Reuters had undertaken a poll, where analysts had predicted earnings of 46 cents on $373 million in revenue.