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.
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Nasdaq has introduced significant upgrades to its Nasdaq Risk Platform, aimed at enhancing its risk management capabilities for banking and broker-dealer clients. This update includes the addition of fixed income securities such as Government and Corporate Bonds, enhancing the platform's ability to deliver real-time analytics for better liquidity and market risk management.
Over the past year, the number of customers utilizing the Nasdaq Risk Platform has surged by over 50%. The upgrades include improved multi-factor stress testing tools and integration of live streaming analytics via an open-source system called Kafka. These enhancements are designed to help firms navigate heightened market volatility and are part of Nasdaq's ongoing growth strategy within its Marketplace Technology segment.
The Nasdaq Stock Market has announced the delisting of several companies, including Core Scientific, The Very Good Food Company, HyreCar, Reeds, Sorrento Therapeutics, CYREN, Lucira Health, Qutoutiao, and Sio Gene Therapies. The securities of these companies have faced trading suspensions since early 2023, with Core Scientific being suspended since January 3. The delistings will be formalized through the filing of a Form 25 with the SEC, becoming effective 10 days post-filing. Investors are encouraged to review public filings for additional insights regarding the basis for these delistings.
On April 10, 2023, Nasdaq (NDAQ) reported its monthly and quarterly trading volumes as well as estimated revenue capture for March 2023. The data is accessible on its investor relations website. The quarterly report includes the number of listings and index statistics for the period ending March 31, 2023. This update reflects Nasdaq's operational performance in the capital markets sector, emphasizing its ongoing commitment to providing valuable financial services and data solutions. Nasdaq continues to evolve within the financial landscape by leveraging technology to serve its clients effectively. For detailed statistics, stakeholders are encouraged to visit Nasdaq's investor relations page.
bioAffinity Technologies, Inc. (Nasdaq: BIAF; BIAFW) will ring the Nasdaq closing bell to celebrate its 2022 IPO. President and CEO Maria Zannes expressed gratitude for the opportunity, highlighting milestones leading to the launch of its noninvasive cancer detection product, CyPath® Lung. This test is aimed at early-stage lung cancer detection, enhancing treatment effectiveness and patient outcomes. The closing bell ceremony will be streamed live on various platforms, showcasing bioAffinity's commitment to innovation in early cancer diagnostics.
Nasdaq (NDAQ) has appointed Ato Garrett as Senior Vice President and Investor Relations Officer, effective immediately. He will report to Ann Dennison, the Executive Vice President and CFO of Nasdaq. Garrett brings extensive experience from Veeva Systems and major financial institutions, enhancing Nasdaq's global investor relations strategy. Dennison emphasized Garrett's expertise will help articulate Nasdaq's strategy and growth opportunities. Garrett expressed enthusiasm for joining Nasdaq during a pivotal time, focusing on improving liquidity and integrity within the global economy.
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The Nasdaq Stock Market has announced that trading in Nexters Inc. (GDEV and GDEVW) will resume on March 16, 2023, at 09:00 a.m. Eastern Time. This follows a halt initiated on February 28, 2022, at 6:38 a.m. ET for GDEV and at 6:41 a.m. ET for GDEVW. The resumption of trading marks significant progress for Nexters, which had been paused for over a year. Investors are encouraged to check Nasdaq’s website or contact the company directly for further information.
The Nasdaq Stock Market (Nasdaq: NDAQ) announced that Yandex N.V. (Nasdaq: YNDX) will be delisted effective March 24, 2023, unless an appeal is filed. Trading of Yandex securities will remain halted until the appeal process is resolved. Nasdaq will submit a Form 25 to the SEC to finalize the delisting, which will take effect ten days post-filing. Following the delisting, Yandex securities may be available for trading on the over-the-counter market. For more details, interested parties are advised to review public filings or contact Yandex directly.