Financial Knowledge & Information Portal

Nasdaq (NDAQ) Company Profile

Updated Feb 14, 2020
Nasdaq has the following business profile:
Company's Full Name:Nasdaq, Inc.
Short Name:Nasdaq
Trading Ticker Symbol:NDAQ
Primary Exchange:NASDAQ
Headquarter City/Country:New York, NY
Primary Industry Sector:Finance
Seconday Sub-sector:Investment Bankers and Brokers
Main Business Areas: Low Volatility, Finance, Investment Bankers and Brokers, Financial Services, Financial Exchanges
Dividend Payments:Dividend History

Market and Trading Information for Nasdaq

The following details were available for trading and market data about the stock of Nasdaq as of writing:
Current Share Price:$116.2
Previous Year's Closing Price:$107.1
Percentage Price Change (YTD):8.5%
Market Cap:$19.05 billion
52-week Price Range:$82.22 - $120.23
Dividend Per Share:$1.85
EPS (TTM):4.63
Price-Earnings (Trailing):25.1
Price-Earnings (Forward):19.86

Company Profile and Business Description for Nasdaq

Nasdaq, Inc. (Nasdaq), incorporated on November 13, 1979, is a holding company. The Company is a provider of trading, clearing, exchange technology, regulatory, securities listing, information and public company services. The Company manages, operates and provides its products and services through four segments: Market Services, Corporate Services, Information Services and Market Technology. Its global offerings include trading and clearing across various asset classes, trade management services, data products, financial indexes, capital formation solutions, corporate solutions, and market technology products and services. Its technology powers markets across the globe, supporting equity derivative trading, clearing and settlement, cash equity trading, fixed income trading and various other functions.

Market Services

The Company's Market Services segment includes its equity derivative trading and clearing, cash equity trading, fixed income clearing corporation (FICC) and trade management services businesses. Its FICC business is referred to as fixed income, currency and commodities trading and clearing, and its trade management services business is referred to as access and broker services. It operates multiple exchanges and other marketplace facilities across various asset classes, including derivatives, commodities, cash equity, debt, structured products and exchange traded products (ETPs). In addition, it also provides broker services, clearing, settlement and central depository services. Its transaction-based platforms provide market participants with the ability to access, process, display, and integrate orders and quotes. The platforms allow the routing and execution of buy and sell orders, as well as the reporting of transactions and providing fee-based revenues.

The Company operates six electronic options exchanges in the United States: Nasdaq PHLX, The Nasdaq Options Market, Nasdaq BX Options, Nasdaq ISE, Nasdaq GMNI and Nasdaq MCRY. These exchanges facilitate the trading of equity options, exchange traded fund (ETF) options, index options and foreign currency options. Its options trading platforms provide trading opportunities to both retail investors, algorithmic trading firms and market makers, tending to prefer electronic trading, and institutional investors, who typically pursue complex trading strategies and often trade on the floor. In Europe, Nasdaq offers trading in derivatives, such as stock options and futures, index options and futures and fixed-income options and futures. Nasdaq Clearing offers clearing services for fixed-income options and futures, stock options and futures, index options and futures, and interest rate swaps by serving as the central counterparty (CCP). Nasdaq Clearing also operates a clearing service for the resale and repurchase agreement market.

In the United States, the Company operates three cash equity exchanges: The Nasdaq Stock Market, Nasdaq BX and Nasdaq PSX. Its United States cash equity exchanges offer trading of both Nasdaq-listed and non-Nasdaq-listed securities. Market participants include market makers, broker-dealers, Alternative Trading Systems (ATSs) and registered securities exchanges. In Europe, Nasdaq operates exchanges in Stockholm (Sweden), Copenhagen (Denmark), Helsinki (Finland), and Reykjavik (Iceland). It also operates exchanges in Tallinn (Estonia), Riga (Latvia) and Vilnius (Lithuania). Nasdaq owns Nasdaq Tallinn, and has an ownership in Nasdaq Vilnius and Nasdaq Riga. In addition, Nasdaq owns the central securities depositories in Estonia, Latvia and Lithuania. Collectively, the Nasdaq Nordic and Nasdaq Baltic exchanges offer trading in cash equities and depository receipts, warrants, convertibles, rights, fund units and exchange traded funds.

The Company's FICC business includes the Nasdaq Fixed Income business, Nasdaq Futures, Inc. (NFX) and Nasdaq Commodities. The European portion of Nasdaq Fixed Income provides a range of products and services, such as listing, trading and clearing for fixed income products in Sweden, Denmark, Finland and Iceland. Nasdaq Oslo ASA is the commodity derivatives exchange for European products and freight. It also operates NFX, its United States based energy derivatives market. It provides market participants with a range of alternatives for connecting to and accessing its markets for a fee. Its marketplaces can be accessed through various protocols used for quoting, order entry, trade reporting, DROP functionality and connectivity to various data feeds. It provides co-location services to market participants, whereby firms may lease cabinet space and power to house their own equipment and servers within its data centers. Its broker services operations offer technology and customized securities administration solutions to financial participants in the Nordic market. It offers customer and account registration, business registration, clearing and settlement, corporate action handling for reconciliations and reporting to authorities.

Corporate Services

The Company's Corporate Solutions business serves corporate clients, including companies listed on its exchanges and private companies. It helps organizations manage the two-way flow of information with their constituents, including their board members and investors, and with clients and the public through its suite of technology, analytics and consultative services. It offers investor relations content, analytics, advisory services and communications tools, including investor relations Webcasting, press release services and Websites. It offers solutions to help clients identify, reach, monitor and measure their public relations program. It provides traditional and social media contacts databases, backed by its internal research analysts. It also offers a platform and services, which enable its customers to produce Webcasts for a range of applications, including investor relations, public relations, marketing and internal communications. It offers a secure collaboration platform for boards of directors or any team collaborating on confidential initiatives. As of December 31, 2016, it had approximately 18,000 corporate solutions clients.

The Company operates a range of listing platforms around the world to provide various global capital raising solutions for private and public companies. Companies listed on its markets represent a range of industries, including, healthcare, consumer products, telecommunication services, information technology, financial services, industrials and energy. Its listing markets are The Nasdaq Stock Market and the Nasdaq Nordic and Nasdaq Baltic exchanges. As of December 31, 2016, a total of 2,897 companies listed securities on The Nasdaq Stock Market, with 1,443 listings on The Nasdaq Global Select Market, 783 on The Nasdaq Global Market and 671 on The Nasdaq Capital Market. Its listing services business also includes The Nasdaq Private Market, LLC (NPM), which provides services for private companies.

Information Services

The Company's Information Services segment includes its data products and its index licensing and services businesses. Its data products business sells and distributes historical and real-time quote and trade information to market participants and data distributors. Its data products develop transparency of the market activity within the exchanges that it operates and provides critical information to professional and nonprofessional investors. It collects, processes and creates information and earn revenues as a distributor of its own, as well as select, third-party content. The Nasdaq Nordic and Nasdaq Baltic exchanges, as well as Nasdaq Commodities, also offer data products and services. These data products and services provide market transparency to professional and non-professional investors participating in European marketplaces.

The Company's index licensing and services business is an index provider that develops and licenses Nasdaq branded indexes, associated derivatives and financial products. It also provides custom calculation services for third-party clients. License fees for its trademark licenses vary by product based on a percentage of underlying assets, dollar value of a product issuance, number of products or number of contracts traded. It also licenses cash-settled options, futures and options on futures on its indexes. As of December 31, 2016, it also operated the Nasdaq Global Index Family, which included over 40,000 indexes. The family consists of global securities broken down by market segment, region, country, size and sector. As of December 31, 2016, the Nasdaq Global Index Family covered 45 countries and approximately 9,000 securities.

Market Technology

The Company's Market Technology business is a global technology solutions provider and partner to exchanges, clearing organizations, central securities depositories, regulators, banks, brokers and corporate businesses. Its Market Technology business is the sales channel for its global offering to other marketplaces. The portfolio includes technology solutions for trading, clearing, settlement, surveillance and information dissemination to markets with a range of requirements, from the markets in the United States, Europe and Asia to markets in the Middle East, Latin America and Africa. Its marketplace solutions can handle a range of assets, including cash equities, equity derivatives, currencies, various interest-bearing securities, commodities and energy products.

The Company's trading and data solutions are utilized by exchanges, alternative-trading venues, banks and securities brokers with marketplace offerings of their own. In the post-trade stage, it offers integrated systems solutions for clearing (risk management) and settlement (settlement and delivery) of both cash equities and derivatives to clearing organizations around the world. It also offers broker services through SMARTS Group Holdings Pty (SMARTS). SMARTS is a managed service designed for brokers and other market participants to assist them in complying with market rules, regulations and internal market surveillance policies. Through BWise, it offers enterprise governance, risk management and compliance software and services to help companies track, measure and manage organizational risks.

The Company competes with Bats BZX Exchange, Inc., Bats EDGX Exchange, Inc., BOX Options Exchange LLC, Chicago Board Options Exchange, Incorporated, C2 Options Exchange, Incorporated, Miami International Securities Exchange, MIAX Pearl, LLC, NYSE Arca, Inc., NYSE MKT, The Investors Exchange LLC, BATS Trading Limited, Euronext N.V., Deutsche Borse A.G., London Stock Exchange Group plc, Turquoise Global Holdings Limited, ICE Futures Europe, Intercontinental Exchange, Inc., S&P Global Inc., Bats Global Markets, Inc. and Dow Jones & Company.

1 Liberty Plz

Peer / Competitor Companies of Investment Bankers and Brokers Sector

Along with Nasdaq, Inc., the following other peer (competitor) companies also exist within the same Investment Bankers and Brokers - Finance sector whose company profile and dividend history is as follows:

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▶ Charles Schwab (SCHW): The Charles Schwab Corporation (CSC), incorporated on November 25, 1986, is a savings and loan holding company. The Company, through its subsidiaries, engages in wealth management, securities brokerage, banking, money ....See Detailed Company Profile,  Dividend History  and Recent Candlestick Patterns.

▶ China Finance Online (JRJC): China Finance Online Co. Limited, incorporated on November 2, 1998, is a Web-based financial services company in China. The Company provides Chinese retail investors with online access to securities and ....See Detailed Company Profile,  Dividend History

▶ CME (CME): CME Group Inc., incorporated on August 2, 2001, through its exchanges, provides products across all asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, ....See Detailed Company Profile,  Dividend History

▶ Cowen (COWN): Cowen Group, Inc., incorporated on June 1, 2009, is a financial services company. The Company provides alternative investment management, investment banking, research, sales and trading, and prime brokerage services. The ....See Detailed Company Profile,  Dividend History

▶ Credit Suisse (CS): Credit Suisse Group AG, together with its subsidiaries, provides various financial services worldwide. It operates through six segments: Swiss Universal Bank, International Wealth Management, Asia Pacific, Glob....See Detailed Company Profile,  Dividend History

▶ Euronet Worldwide (EEFT): Euronet Worldwide, Inc. (Euronet), incorporated on December 13, 1996, is an electronic payments provider. The Company offers payment and transaction processing and distribution solutions to financial institutions, retailers, service providers ....See Detailed Company Profile,  Dividend History

▶ GAIN Capital (GCAP): GAIN Capital Holdings, Inc. (GAIN), incorporated on March 24, 2006, is a provider of trading services and solutions, specializing in over-the-counter (OTC) and exchange-traded markets. The Companys segments include Retail ....See Detailed Company Profile,  Dividend History

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▶ Goldman Sachs (GS): The Goldman Sachs Group, Inc., incorporated on July 21, 1998, is an investment banking, securities and investment management company that provides a range of financial services to corporations, financial institutions, ....See Detailed Company Profile,  Dividend History  and Recent Candlestick Patterns.

▶ Greenhill and (GHL): Greenhill & Co., Inc., incorporated on March 10, 2004, is an investment bank. The Company provides financial and strategic advice on domestic and cross-border mergers and acquisitions, divestitures, restructurings, financings, ....See Detailed Company Profile,  Dividend History

▶ Interactive Brokers (IBKR): Interactive Brokers Group, Inc. (IBG, Inc.), incorporated on November 14, 2006, is a holding company. The Company is an automated global electronic broker and market maker specializing in routing orders, ....See Detailed Company Profile,  Dividend History

▶ Intercontinental Exchange (ICE): Intercontinental Exchange, Inc., incorporated on March 6, 2013, is an operator of regulated exchanges, clearing houses and listings venues. The Company provides data services for commodity and financial markets. The ....See Detailed Company Profile,  Dividend History

▶ INTL FCStone (INTL): INTL FCStone Inc., incorporated on October 26, 1987, is a financial services organization. The Company provides financial products, and advisory and execution service. The Company operates through five segments: Commercial ....See Detailed Company Profile,  Dividend History

▶ JMP LLC (JMP): JMP Group, Inc., incorporated on July 26, 2004, is a full-service investment banking and asset management firm. The Company operates in five segments: Broker-Dealer, Asset Management, Corporate Credit, Investment Income ....See Detailed Company Profile,  Dividend History

▶ Ladenburg Thalmann Financial (LTS): Ladenburg Thalmann Financial Services Inc., incorporated on February 5, 1996, is a financial services company engaged in independent brokerage and advisory services, investment banking, equity research, institutional sales and trading, ....See Detailed Company Profile,  Dividend History

▶ LPL Financial (LPLA): LPL Financial Holdings Inc., incorporated on October 25, 2005, is a broker-dealer, a custodian for registered investment advisors (RIAs) and an independent consultant to retirement plans. The Company provides a ....See Detailed Company Profile,  Dividend History

▶ MarketAxess (MKTX): MarketAxess Holdings Inc., incorporated on April 11, 2000, operates an electronic trading platform that enables fixed-income market participants to trade corporate bonds and other types of fixed-income instruments using its ....See Detailed Company Profile,  Dividend History

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