Filed under: Earnings reports, SEC filings, Forecasts, Good news
Are you finding that in these times of volatility you’re trading more frequently? Maybe overtrading a bit? Well, you’re not alone.
The Nasdaq (NASDAQ: NDAQ) Stock Market’s revenues grew 50% in 2007 while its net earnings grew at about half that pace. Nasdaq matched 29.7% of all equity-trading volume.
The WSJ.com reported today [subscription required] that “on Sept. 20, Nasdaq and Borse Dubai settled a long battle for OMX in a deal that would eventually give Borse Dubai a 19.9% stake in Nasdaq.”
Nasdaq has a few other catalysts coming up:
- Securities and Exchange Commission approval on its exchange application to trade options
- Completion of its acquisition of the Boston Stock Exchange and the
- Closing of an acquisition of the Philadelphia Stock Exchange
As we see more and more exchange volume and consolidation of global exchanges, Nasdaq may outperform.
Zack Miller is the Managing Editor of IsraelNewsletter.com and a former equity analyst for a leading multinational hedge fund.
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