Beyond The Index: Why Nasdaq Is A Fintech Powerhouse
Portfolio Pulse from
Nasdaq's Q3 2024 revenue increased by 22% year-over-year, driven by a 26% rise in Index revenue from ETPs. The Adenza acquisition contributed significantly to this growth, adding $146 million in revenue and achieving 80% of expense synergy targets. Despite market volatility risks, potential catalysts for growth in 2025 include upcoming IPOs, deregulation, and new crypto products.
December 26, 2024 | 7:30 pm
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POSITIVE IMPACT
Nasdaq's Q3 2024 revenue surged 22% YoY, with significant contributions from the Adenza acquisition and ETPs. Despite market volatility risks, future growth could be driven by IPOs, deregulation, and crypto products.
Nasdaq's strong revenue growth and successful integration of Adenza highlight its robust financial performance. The potential for future growth through IPOs, deregulation, and crypto products suggests a positive outlook, despite market volatility risks.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100