Welcome to our dedicated page for Nasdaq news (Ticker: NDAQ), a resource for investors and traders seeking the latest updates and insights on Nasdaq stock.
Nasdaq Inc (NDAQ) drives innovation in global capital markets through its electronic trading platforms, market data services, and regulatory technology solutions. This dedicated news hub provides investors and professionals with direct access to official corporate announcements and market-moving developments.
Our curated collection simplifies tracking Nasdaq's strategic initiatives across its core business segments. Users will find timely updates on quarterly earnings, technology partnerships, regulatory compliance solutions, and market infrastructure enhancements. Each release maintains the original corporate messaging for accuracy.
Bookmark this page to monitor Nasdaq's evolving role in financial technology ecosystems, from AI-driven analytics to sustainable investing infrastructure. The resource serves as a primary channel for understanding how Nasdaq's innovations impact market transparency and operational efficiency worldwide.
The Nasdaq Stock Market has announced the delisting of the American Depositary Shares of Therapix Biosciences Ltd. due to suspension since July 2, 2020. Additionally, common stock of Stein Mart, Inc. and Shiloh Industries, Inc. will also be delisted, with suspensions occurring on August 24, 2020, and September 10, 2020, respectively. Nasdaq will file Form 25 with the SEC to complete these delistings, effective ten days post-filing. For further details and information regarding the basis for these actions, stakeholders are advised to consult the companies' public filings or contact them directly.
Nasdaq has launched a new initiative aimed at supporting women and underrepresented minority communities through its Purpose Initiative. This includes a revamped Nasdaq Foundation to enhance investor engagement and a $10 million capital injection. The Smart Investing portal has also been introduced, providing educational resources for retail investors. Notably, women of color are starting businesses at a rapid pace, yet face significant funding challenges, with less than 3% of venture capital allocated to women-led teams. Nasdaq aims to bridge this gap and promote diversity in the capital markets.
CME Group and Nasdaq announced the launch of a new futures contract based on the Nasdaq Veles California Water Index (NQH2O) in late Q4 2020, pending regulatory review. This innovative contract aims to enhance price transparency and risk management for agricultural, commercial, and municipal water users in California, a market valued at $1.1 billion. The contract allows hedging against future water price fluctuations, addressing risks related to water scarcity projected to impact two-thirds of the global population by 2025. This partnership seeks to improve market efficiency for a critical resource.
On September 16, 2020, Nasdaq (NDAQ) launched the Nasdaq Automated Investigator for AML, the first automated solution targeting anti-money laundering for financial institutions. In partnership with UK-based Caspian, this tool aims to enhance investigations into financial crimes. The automated system addresses the high volume of alerts generated by existing AML systems, increasing operational efficiency and improving decision-making through advanced AI technologies. Nasdaq plans to expand these solutions across various financial crime sectors in the future.
Nasdaq (NDAQ) has launched new Mini OMXS30 Futures, making the futures market more accessible for investors. These contracts are based on the OMXS30 index, which includes top Nordic stocks like Volvo, Ericsson, and AstraZeneca. The mini futures have a notional value one-tenth that of standard OMXS30 futures, allowing for lower investment thresholds. This move aims to enhance liquidity and provides investors with cost-effective risk management options. In March 2020, trading volumes for the standard OMXS30 futures reached record levels, highlighting strong market interest.
Nasdaq (NDAQ) released its trading volume report for August 2020, available on its investor relations website. The data sheet includes detailed monthly volumes and quarterly capture rates. Nasdaq emphasizes its role as a global technology company that empowers capital markets with diverse data, analytics, software, and services. The company also provided a cautionary note regarding forward-looking statements, highlighting potential risks such as market fluctuations and the impact of COVID-19 on its operations.
Nasdaq's CIO and CTO, Brad Peterson, will present at the Deutsche Bank Virtual Technology Conference 2020 on September 14 at 4:40 PM ET. Additionally, Nasdaq's CFO, Michael Ptasznik, is scheduled to speak at the Barclays Virtual Global Financial Services Conference 2020 on September 15 at 2:45 PM ET. Both events will be webcasted on Nasdaq’s Investor Relations website, providing insights into the company's technology and financial strategies.
The Saudi Stock Exchange (Tadawul) launched its first Derivatives Market and clearinghouse, Muqassa, powered by Nasdaq's market technology on August 30, 2020. The initial product, MT30 Index Futures, is based on the MSCI Tadawul 30 Index, providing vital hedging tools for investors. This initiative supports the Financial Sector Development Program under Saudi Vision 2030, aimed at attracting both local and international investors. Tadawul’s CEO emphasized the importance of this development in enhancing trading opportunities and managing market risks.
Nasdaq has announced that Pinduoduo, Inc. will enter the NASDAQ-100 Index and the NASDAQ-100 Equal Weighted Index effective August 24, 2020. Pinduoduo will replace NetApp, Inc. in these indexes, which indicates a significant recognition of Pinduoduo in the market. Additionally, NetApp will be excluded from the NASDAQ-100 Technology Sector Index and will enter the NASDAQ-100 Ex-Technology Index at the next quarterly rebalancing.