Nasdaq Inc. (NDAQ) is a global technology company providing data, analytics, software, and services to the capital markets industry. The company is best known as the operator of the Nasdaq Stock Market, the largest single venue of liquidity for trading U.S.-listed cash equities. The company offers data, analytics, software, exchange capabilities, and client-centric services.

Nasdaq's Industry

Nasdaq's competitors include Cboe Global Markets Inc. (CBOE), Miami International Holdings Inc., or MIAX, and the Intercontinental Exchange, Inc. (ICE), owner of the New York Stock Exchange (NYSE). Nasdaq provides products and services in three business segments: Capital Access Platforms, Financial Technology, and Market Services.

• Capital Access Platforms: Empower clients to navigate the capital markets through products that assist companies in managing corporate governance standards. The Capital Access Platforms segment includes Data & Listing Services, Index, and Workflow & Insights.
• Financial Technology: Delivers platforms that improve the liquidity, transparency, and integrity of the global economy by architecting and operating markets. This segment includes Financial Crime Management Technology, Regulatory Technology, and Capital Markets Technology solutions.
• Market Services: Includes equity derivative trading and clearing, cash equity trading, fixed income, currency, and commodities trading. Nasdaq operates nineteen exchanges across asset classes such as derivatives, commodities, cash equity, debt, structured products, and ETPs.

Nasdaq's Financials

For FY2023, Nasdaq reported net revenues of $3.9 billion, an increase of 9% over 2022 澳洲幸运5官方开奖结果体彩网:year-over-year (YOY). The company's Capital Access Platforms contributed the most to revenue due to the inclusion of revenues from the acquisition of Adenza, higher trade management services revenues, and higher market technology revenues. Nasdaq's operating income for the same period was $1.58 billion.

History and Leadership

Nasdaq was founded in 1971 as a subsidiary of FINRA, which fully divested its ownership of Nasdaq in 2006. The Nasdaq Stock Market became an independent registered national securities exchange in 2007.

In 2008, Nasdaq and OMX AB merged into The NASDAQ OMX Group, Inc., a global exchange company offering technology that powers its exchanges and markets and other global marketplaces. The company was rebranded as Nasdaq, Inc. in 2015.As of 2024, Adena T. Friedman is the Chair and CEO of Nasdaq, Inc.

Recent Developments

In 2023, Nasdaq acquired Adenza, whose AxiomSL and Calypso platforms, provide risk management, regulatory reporting, and capital markets software solutions.

The Bottom Line

Nasdaq, Inc. provides technology and analytics solutions to support investment and asset managers. The company also focuses on financial crime and compliance solutions. Nasdaq operates trading services in North America and Europe. In the U.S., the company hosts Nasdaq PHLX, Nasdaq Options Market, Nasdaq BX Options, Nasdaq ISE, Nasdaq GEMX, and Nasdaq MRX.