Send
Print
bfishadow on Flickr
The growth is associated with the activation of exchange trading due to the coronavirus pandemic as the company receives the main income from commissions from bidders, listing fees, etc. NASDAQ revenue increased by 11%, to $ 701 million.
The revenue of the market services division, which, in fact, serves trading on the exchange, went up by 21% "due to historical trading volumes, especially in the second half of the first quarter." “I am very proud of how hard the NASDAQ team worked in such unusual conditions to ensure uninterrupted access of issuers and investors to capital, as well as to support our technology clients and their saving measures,” said Adena Friedman, NASDAQ CEO.
source: bloomberg.com
The revenue of the market services division, which, in fact, serves trading on the exchange, went up by 21% "due to historical trading volumes, especially in the second half of the first quarter." “I am very proud of how hard the NASDAQ team worked in such unusual conditions to ensure uninterrupted access of issuers and investors to capital, as well as to support our technology clients and their saving measures,” said Adena Friedman, NASDAQ CEO.
source: bloomberg.com
