Nasdaq OMX (NDAQ) seeks to boost its presence in the growing area of ETFs, planning a change in...

|About: Nasdaq Inc. (NDAQ)|By:, SA News Editor

Nasdaq OMX (NDAQ) seeks to boost its presence in the growing area of ETFs, planning a change in the structure of the PSX (a descendent of the Phila. Stock Exchange) to focus it on exchange-traded products. The move is a challenge to the NYSE (NYX) whose Arca exchange handled 20% of all ETP trading volume in 2012.