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.
Overview of Nasdaq Inc
Nasdaq Inc is a globally recognized technology company that has transformed the way capital markets operate. Originally established as an all‐electronic equities exchange, Nasdaq built its reputation by leveraging advanced microprocessor technology to redefine trading logistics. With a heritage rooted in innovation, Nasdaq has grown from serving as a platform for pioneering firms to raising capital into becoming a multifaceted provider of market data, trading technology, and regulatory solutions.
Core Business Segments
Nasdaq’s operations are structured around several core segments that work in synergy to support the intricate workings of global capital markets:
- Trading and Capital Markets: The company’s trading platform remains at the heart of its business, offering robust and reliable infrastructure for equity trading and capital access across numerous markets.
- Market Data and Analytics: Nasdaq generates significant value by aggregating and distributing financial and market data. This segment supports investors, brokers, and financial institutions by providing the analytics necessary for informed decision-making.
- Financial Technology Solutions: Through strategic acquisitions and integrations, Nasdaq has expanded its capabilities into regulatory reporting, financial crime management, and risk compliance. Its technology products help financial institutions streamline operations, manage risk, and meet complex regulatory demands.
Technological Innovation and Industry Expertise
Nasdaq’s evolution from a U.S.-based equity exchange to a diversified technology provider highlights its commitment to innovation and industry expertise. The company offers a range of technology solutions—from front-to-back trade management platforms to sophisticated cloud-based reporting and surveillance systems—that are integrated into the workflows of banks, brokers, regulators, and exchange operators. These solutions improve liquidity, transparency, and the integrity of market operations, making Nasdaq an indispensable partner in the financial services ecosystem.
Market Position and Competitive Landscape
Operating within highly competitive capital markets, Nasdaq differentiates itself through its deep integration of technology and market data services. Its scalable platforms and regulatory technology products enable clients to address the complex challenges of global trading environments. This multifaceted approach not only supports traditional trading operations but also positions the company as an expert provider of tools for managing risk and compliance across global markets.
Significance in Global Financial Markets
Nasdaq’s distinctive blend of technology and market data services underscores its significant role within the financial industry. With platforms that are embedded in the daily operations of many of the world's most important financial institutions, Nasdaq consistently contributes to improving market transparency and efficiency. Its integrated suite of services is designed to support an extensive network of stakeholders—including investment managers, banks, brokers, and regulatory bodies—thus bolstering the overall operational framework of global capital markets.
Commitment to Quality and Innovation
The company’s strategic focus on technology and innovation is mirrored in its ongoing efforts to provide clients with solutions that meet evolving market demands. Whether through advanced data analytics, integrated trading solutions, or regulatory reporting tools, Nasdaq continues to invest in the technological foundations that drive the modern financial ecosystem. Its ability to marry robust infrastructure with innovative design reflects a deep understanding of both market needs and the technical challenges inherent to the financial services landscape.
Conclusion
In summary, Nasdaq Inc stands as a paragon of technological advancement in the capital markets. By offering a comprehensive array of services that span trading, market data, and fintech solutions, Nasdaq not only facilitates efficient market operations but also enhances the overall integrity of the global financial system. The company’s ongoing commitment to innovation and rigorous industry expertise makes it a foundational element in the ecosystem of global finance.
On June 28, 2024, Nasdaq announced a new record for the notional value of shares traded during the Nasdaq Closing Cross, reaching $95.257 billion in 0.878 seconds, surpassing the previous record of $80.898 billion set in 2021.
This milestone coincides with the 40th anniversary of the Russell 3000® Index and marks 21 years of the Closing Cross's role in the Russell US Indexes reconstitution. The event highlights Nasdaq's ability to deliver rapid, transparent price facilitation and support evolving market demands.
Approximately $10.5 trillion in assets are benchmarked to Russell US Indexes, making reconstitution day a significant event for asset managers. Nasdaq's innovative, scalable technology has adapted to a 950% increase in dollar volume over two decades, ensuring seamless operations in the face of growing global trading volumes.
Nasdaq (NDAQ) has changed the trading halt status of Canna-Global Acquisition Corp (CNGL, CNGLU, CNGLW) to 'additional information requested.' Trading was initially halted on June 27, 2024, at 16:45:36 Eastern Time for 'news dissemination.' The last sale prices were $10.45 (CNGL), $10.99 (CNGLU), and $0.0105 (CNGLW). Trading will remain halted until Canna-Global provides the requested information. For more details, visit Nasdaq's website or use InfoQuotesSM under the company's symbol.
Nasdaq released its mid-month short interest report for June 14, 2024. Short interest in 3,063 Nasdaq Global Market securities reached 12.42 billion shares, up from 11.83 billion shares in 3,059 issues on May 31, 2024. The average daily volume was 3.44 days, slightly down from 3.54 days previously.
On the Nasdaq Capital Market, short interest in 1,687 securities amounted to 2.05 billion shares, a slight decrease from 2.05 billion shares in 1,695 securities reported earlier. The average daily volume remained at 1.00 day for both periods.
Total short interest in all 4,750 Nasdaq securities stood at 14.46 billion shares compared to 13.89 billion shares in 4,754 issues from the prior period. The average daily volume was 2.56 days, up from 1.73 days. This data summarizes the total number of shares sold short across all broker/dealers irrespective of exchange affiliations.
For detailed information, visit Nasdaq's short interest pages.
The Nasdaq Stock Market announced on June 26, 2024, the delisting of securities from several companies: PHP Ventures Acquisition Corp., Green Giant Inc., RMG Acquisition Corp. III, Biophytis SA, OMNIQ Corp., AIB Acquisition , Goal Acquisitions Corp., Applied UV, Cue Health Inc., Twelve Seas Investment Company II, CalAmp Corp., and ThermoGenesis Holdings. These companies had their securities suspended from trading on various dates between April and June 2024, and they have not traded since their respective suspension dates. For more details on the delisting rules, visit the Nasdaq website.
Nasdaq (NDAQ) announced the termination of its agreement with the European Energy Exchange (EEX). The agreement, initially disclosed on June 20, 2023, involved EEX acquiring Nasdaq's Nordic power trading and clearing business. Nasdaq will continue to operate this segment, ensuring high service standards for its clients.
Nasdaq (NDAQ) has announced the schedule for its Second Quarter 2024 financial results. The results will be reviewed by Nasdaq's CEO, CFO, and senior management team on Thursday, July 25, 2024.
The review will begin with a conference call at 8:00 AM Eastern, preceded by the release of the press statement at 7:00 AM Eastern, available on the Nasdaq Investor Relations website. The senior management team will address the investment community's questions post the prepared remarks. The webcast of the event can be accessed via the same website.
Nasdaq (NDAQ) and the Indonesia Stock Exchange (IDX) have announced an expanded technology partnership to upgrade IDX's core trading platform to Nasdaq’s advanced matching engine. The partnership aims to enhance market resilience, quadruple transaction capacity, and support Indonesia's economic growth.
The deal also extends Nasdaq’s market surveillance partnership with IDX and aims to enhance IDX's Index business, fostering a more sophisticated global capital markets ecosystem. IDX has seen a significant growth in trading volumes and investor numbers in recent years, solidifying its position among ASEAN markets.
Nasdaq's scalable platform will support IDX’s ability to handle traditional and digital assets, offering flexibility for new product launches. The modernization aligns with strategic pillars set by OJK, Indonesia’s Financial Services Authority, to develop a robust capital market.
On June 13, 2024, Nasdaq announced that Arm Holdings (Nasdaq: ARM) will join the Nasdaq-100 Index®, Nasdaq-100 Equal Weighted™ Index, Nasdaq-100 Tech Sector™ Index, Nasdaq-100 Technology Sector Market-Cap Weighted™ Index, and Nasdaq-100 Technology Sector Adjusted Market-Cap Weighted™ Index on June 24, 2024. Arm Holdings will replace Sirius XM Holdings (Nasdaq: SIRI). Consequently, Sirius XM will be removed from multiple Nasdaq indices, including the Nasdaq-100 Ex-Tech Sector™ Index and Nasdaq-100 ESG Index. This inclusion of Arm Holdings highlights its growing influence and market significance.
Nasdaq (NDAQ) announced that key executives will present at three major investor conferences in June 2024. Tal Cohen, President, Nasdaq, will speak at the Morgan Stanley US Financials, Payments & CRE Conference on June 12 at 3:15 PM ET. Sarah Youngwood, Executive Vice President & CFO, Nasdaq, will present at the Mizuho Technology Conference on June 12 at 3:15 PM ET, and the Jefferies Global FinTech Conference on June 13 at 9:00 AM ET. Webcasts for these events will be available on Nasdaq’s Investor Relations website.
Nasdaq has reported end-of-month short interest positions for its listed securities as of May 31, 2024. Total short interest across 3,059 Nasdaq Global Market securities reached 11.83 billion shares, up from 11.65 billion shares in 3,063 securities as of May 15, 2024. This represents an average daily volume of 3.54 days, compared to 3.15 days previously. Short interest in 1,695 Nasdaq Capital Market securities totaled 2.05 billion shares, up from 1.97 billion shares across 1,719 securities, averaging 1.00 day of daily volume, down from 1.61 days. Overall, short interest in all 4,754 Nasdaq securities totaled 13.89 billion shares, up from 13.62 billion shares in 4,782 securities, with an average of 1.73 days of daily volume, down from 2.77 days. This data reflects shares sold short by brokers/dealers across all affiliations.
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