Welcome to our dedicated page for Nasdaq news (Ticker: NDAQ), a resource for investors and traders seeking the latest updates and insights on Nasdaq stock.
Nasdaq, Inc. (symbol: NDAQ) is a global technology company and a leading provider of capital market services, established in 1971. Initially known for its equity exchange, Nasdaq has evolved into a diversified technology provider that delivers solutions across multiple segments, including market services, information services, and corporate services.
Market Services: This segment represents approximately 35% of Nasdaq's revenue and includes trading, clearing, and market technology services. Nasdaq operates one of the world's largest electronic stock exchanges, facilitating efficient and reliable trading.
Information Services: Contributing about 30% of the company's sales, this segment offers market data, analytics, and Nasdaq-branded indexes to asset managers and investors, providing essential tools for informed decision-making.
Corporate Services: Accounting for 20% of revenue, Nasdaq's corporate services include listing services and investor relations products that support publicly traded companies in meeting their regulatory requirements and enhancing investor engagement.
Market Technology: Representing 15% of the firm's revenue, this segment delivers technology solutions that enable the operation of other exchanges around the world, as well as financial compliance services.
Recent Achievements: Nasdaq continues to be at the forefront of technological advancements, incorporating AI capabilities to support capital markets, thereby enhancing liquidity, transparency, and integrity in the financial ecosystem. The company is also involved in strategic partnerships, such as its recent collaboration with FIA Tech to improve data sharing and reduce systemic inefficiency in the global post-trade network.
With a strong commitment to innovation, Nasdaq has successfully transitioned from a U.S.-based equities exchange to a global leader in technology and information services. The company's diverse product offerings and client-centric approach enable businesses to optimize their operations and achieve their business goals with confidence.
Financial Overview: Nasdaq's financial performance has been robust, with consistent revenue growth driven by its diversified business model. The company's strategic investments and focus on scalability and efficiency have positioned it well for sustained growth and profitability.
For the latest updates, financial results, and developments, visit the Nasdaq Investor Relations website at http://ir.nasdaq.com.
Nasdaq has announced its acquisition of Verafin for US$2.75 billion in cash, enhancing its position as a leading SaaS technology provider in anti-financial crime solutions. Verafin's cloud products deliver approximately 30% compound annual recurring revenue growth within a US$13 billion addressable market. The acquisition is expected to increase Nasdaq's revenue contribution from the Market Technology segment to 47% and enhance its growth outlook to 6-9%.
The deal is projected to add EPS accretion starting in 2022.
Nasdaq CEO Adena Friedman will present at the J.P. Morgan Ultimate Services Investor Conference on November 19, 2020, at 3:25 PM ET. This presentation will be available via webcast on Nasdaq's Investor Relations website. Nasdaq, trading under the symbol NDAQ, is a global technology company dedicated to serving capital markets and other sectors with data, analytics, software, and services that help clients achieve their business goals.
Nasdaq has launched a new product, Gross Return Futures, that allows investors in Sweden, Norway, Denmark, and Finland to manage single stock futures without the impact of dividends. This innovation comes amid increased demand from institutional investors for products that exclude dividend risks during volatile market conditions due to the pandemic. The futures are now available for trading, enhancing Nasdaq's position in Nordic derivatives markets, where it currently controls significant market shares in various stock options and indices.
Nasdaq (NDAQ) announced its monthly trading volumes for October 2020 on its investor relations site. The report includes comprehensive data regarding monthly volumes and quarterly capture rates, which are crucial for assessing market activity. Investors can access detailed information through the provided link. Nasdaq continues to provide a range of data and analytics aimed at enhancing business decision-making. The company also emphasizes that forward-looking statements made in the report involve various risks and uncertainties, including potential impacts from the COVID-19 pandemic.
The Nasdaq Stock Market announced the delisting of several companies due to prolonged trading suspensions. Town Sports International's common stock was suspended on September 24, 2020, and will be delisted along with Lonestar Resources and Oasis Petroleum, both suspended on October 12, 2020. Atlas Financial Holdings and Zion Oil also face delisting after their shares were suspended on September 2, 2020. Nasdaq will file a Form 25 with the SEC to formalize these delistings, effective ten days post-filing. For further details, companies' public filings are recommended.
Nasdaq (NDAQ) announced that Michael Ptasznik will retire as Chief Financial Officer (CFO) effective February 28, 2021, with Ann Dennison succeeding him on March 1, 2021. Ptasznik's tenure included leading strategic business reviews, executing $1.1 billion in acquisitions, and managing $3.5 billion in debt refinancing. Dennison, who has over 20 years of experience, previously held the role of Senior Vice President, Controller, and Chief Accounting Officer. Her appointment is seen as a continuation of Nasdaq’s growth strategy as a leading technology company.
The Board of Directors of Nasdaq has declared a quarterly dividend of $0.49 per share on its common stock. This dividend is payable on December 18, 2020, to shareholders of record as of the close of business on December 4, 2020. Future dividends will be determined by the Board of Directors. Caution is advised regarding forward-looking statements, which involve risks and uncertainties affecting performance.
FAQ
What is the current stock price of Nasdaq (NDAQ)?
What is the market cap of Nasdaq (NDAQ)?
What services does Nasdaq, Inc. provide?
When was Nasdaq founded?
What is Nasdaq's market services segment?
How does Nasdaq support capital markets with technology?
What are Nasdaq's recent strategic initiatives?
What percentage of Nasdaq's revenue comes from information services?
What are Nasdaq's corporate services?
What is the role of Nasdaq's market technology segment?
Where can I find Nasdaq's latest financial results?
How has Nasdaq evolved over the years?
