Nasdaq, Inc. reports developments across its market infrastructure, index, data, listings and financial technology businesses. Company news commonly covers monthly trading volumes, quarterly volume and listings statistics, earnings releases, dividend announcements, and operating trends in divisions such as Financial Technology.
Nasdaq updates also include changes to the Nasdaq-100 Index and other Nasdaq Global Indexes, trading halt and resumption notices from The Nasdaq Stock Market, and corporate governance or capital-structure matters. Its financial technology activities include solutions tied to capital management, financial crime and regulatory compliance software.
Nasdaq (NDAQ) has announced that its executives will be presenting at two major investor conferences in September 2024. Sarah Youngwood, Executive Vice President & CFO, will speak at the Goldman Sachs Communacopia + Technology Conference on Monday, September 9, at 2:30 PM ET. Adena Friedman, Chair and CEO, will present at the Barclays Global Financial Services Conference on Tuesday, September 10, at 8:15 AM ET.
These presentations offer investors and analysts an opportunity to gain insights into Nasdaq's strategies and performance directly from top executives. Webcasts of both events will be available on Nasdaq's Investor Relations website, providing access to a wider audience beyond conference attendees.
The Nasdaq Stock Market (NDAQ) has announced the delisting of securities from 22 companies, including common stocks, units, warrants, and other financial instruments. This decision affects a diverse range of firms such as Liberty Resources Acquisition Corp., PetVivo Holdings, Galera Therapeutics, AERWINS Technologies, Chicken Soup for the Soul Entertainment, and VBI Vaccines. The delisting process began with suspensions of trading for these securities between March 27 and August 8, 2024, and none have traded on Nasdaq since their respective suspension dates. This action is part of Nasdaq's regulatory function to maintain market integrity and protect investors.
Nasdaq (NDAQ) has released its monthly trading volumes for August 2024. The report, which provides important insights into the exchange's performance, is now available on Nasdaq's Investor Relations website. Investors and analysts can access a detailed data sheet containing this information at the provided URL: http://ir.nasdaq.com/financials/volume-statistics.
This regular reporting of monthly volumes is an essential practice for Nasdaq, offering transparency and allowing stakeholders to track the exchange's trading activity. The data can be used to gauge market trends, liquidity, and overall performance of Nasdaq's various trading platforms and services.
Nasdaq (NDAQ) has announced its filing with the SEC to list and trade Nasdaq Bitcoin Index Options (XBTX), in partnership with CF Benchmarks. Upon regulatory approval, these options will track the CME CF Bitcoin Real-Time Index (BRTI), providing investors with a tool to manage positions and hedge investments in cryptocurrency.
Key features of XBTX include:
- European-style exercise and cash settlement
- Final settlement value based on the CME CF Bitcoin Reference Rate - New York Variant (BRRNY)
- Calculations executed every second, aggregating Bitcoin-USD order data from leading crypto exchanges
This initiative aims to combine the innovative crypto landscape with the reliability of traditional securities markets, marking a significant step in the maturation of the digital assets market.
Nasdaq (NDAQ) has released its mid-month open short interest positions for Nasdaq stocks as of August 15, 2024. Key highlights include:
- Short interest in 3,037 Nasdaq Global Market securities totaled 12,277,781,936 shares, up from 11,985,723,964 shares on July 31, 2024.
- The mid-August short interest represents 2.62 days of average daily volume, down from 2.90 days in the previous period.
- Short interest in 1,669 Nasdaq Capital Market securities totaled 2,136,281,640 shares, up from 2,082,532,251 shares in the previous period.
- Total short interest across all 4,706 Nasdaq securities was 14,414,063,576 shares, representing 2.36 days of average daily volume.
These figures provide insights into market sentiment and trading activity for Nasdaq-listed stocks.
Nasdaq has released its end-of-month open short interest positions for Nasdaq stocks as of July 31, 2024. The report shows:
- Nasdaq Global Market: 11,985,723,964 shares across 3,043 securities, down from 12,309,469,231 shares in 3,044 issues on July 15, 2024.
- Nasdaq Capital Market: 2,082,532,251 shares in 1,692 securities, up from 2,046,452,681 shares in 1,687 securities previously.
- Total Nasdaq securities: 14,068,256,215 shares across 4,735 securities, compared to 14,355,921,912 shares in 4,731 issues in the previous period.
The average daily volume for all Nasdaq securities decreased to 2.44 days from 2.56 days in the previous reporting period.
Nasdaq (NDAQ) has announced that its Chair and CEO, Adena Friedman, will be presenting at the Oppenheimer 27th Annual Technology, Internet & Communications Conference on Tuesday, August 13, 2024, at 12:25 PM ET. This significant event provides an opportunity for investors and industry professionals to gain insights into Nasdaq's strategies and outlook.
The presentation will be accessible via webcast on Nasdaq's Investor Relations website, allowing a wide audience to tune in remotely. This move aligns with Nasdaq's commitment to transparency and shareholder engagement, offering stakeholders direct access to top leadership perspectives on the company's direction and industry trends.
Nasdaq (NDAQ) has released its monthly trading volumes for July 2024. The company, which operates one of the world's largest stock exchanges, has made this data available on its Investor Relations website. Interested parties can access a detailed data sheet containing the volume statistics at http://ir.nasdaq.com/financials/volume-statistics.
This regular reporting of trading volumes is important for investors and analysts to assess the exchange's performance and market activity. The data typically includes information on equity derivatives, cash equities, fixed income, and commodities trading volumes, providing insights into market trends and Nasdaq's operational efficiency.
Bitvavo, Europe's largest cryptocurrency Euro spot exchange, has partnered with Nasdaq (NDAQ) to implement Nasdaq's Market Surveillance technology. This move aims to enhance trust, transparency, and integrity on Bitvavo's platform, which serves over 1.5 million users and offers trading for more than 300 digital assets. The collaboration will enable Bitvavo to:
- Improve detection of market abuse
- Gain detailed trading insights
- Replay order books with consolidated audit trails
- Optimize case workflow
- Produce granular reports for regulators
This partnership also supports early compliance with the EU's upcoming Markets in Crypto Assets Regulation (MiCA), which aims to regulate digital assets and enhance market integrity. Nasdaq's technology, used by over 45 exchanges and 15 international regulators, will help Bitvavo meet strict regulatory requirements and improve investor protection.
Nasdaq (NDAQ) has announced the pricing of a secondary public offering by Argus Seller, LP, an affiliate of Thoma Bravo-managed funds. 41,604,207 shares of Nasdaq's common stock will be offered at $65.30 per share. The offering is expected to close on July 30, 2024. Nasdaq will not receive any proceeds from this sale.
Additionally, Nasdaq has agreed to repurchase 1,200,000 shares from the Selling Stockholder as part of its existing share repurchase program. After the offering and repurchase, the Selling Stockholder will hold 42,804,207 shares, representing about 7.4% of Nasdaq's outstanding shares, subject to a lock-up until May 1, 2025. Goldman Sachs & Co. is the sole book-running manager for the offering.