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Nasdaq

#738

Rank

$24.84B

MarketCap US

US United States

Country

Summary

Nasdaq is a global provider of trading, clearing, exchange technology, listing, information, and public company services.Nasdaq provides the infrastructure, tools, and strategic insights tailored for the capital-market opportunities of today and the expectations of tomorrow.


History

1971: The National Association of Securities Dealers founded the NASDAQ in 1971 in New York City.

1989: 1989 First exchange to support Silicon Valley Innovators

1991: 1991 First to sell its technology to power other exchanges By 1991, the NASDAQ’s share of securities market transactions was 46% and continued to rise to unprecedented amounts as the internet, and adjacent technologies rose in prominence.

1993: 1993 First US depth-of-book transparency with NQDS (Level 2 data)

1995: 1995 First to sell market technology to Asia and Hong Kong

1996: 1996 First to launch a financial website – www.NASDAQ.com

1997: 1997 First to offer its listed companies a 24/7 intelligence website – NASDAQ Online

1998: In 1998 the NASDAQ became the first exchange to offer online trading.

2000: The NASDAQ Composite peaked in March 2000 and then fell nearly 40% between March and April.

2001: 2001 First US exchange to meet ISO 9001 standards

2002: The project was not successful and was cancelled on October 14, 2002. 2002 First to offer a Market Intelligence Desk for listings

2003: 2003 First to own business solutions for listings

2004: 2004 First to offer dual listing

2005: In December 2005, OMX started First North, an alternative exchange for smaller companies, in Denmark. In December 2005, the London Stock Exchange Group (LSE) rejected a £1.6 billion takeover offer from Macquarie Bank. 2005 First to create the world’s highest initial listing standards – NASDAQ Global Select Market

2006: The company took a 10% stake in Oslo Børs Holding ASA, the owner of the Oslo Stock Exchange in October 2006.

2008: In a complex transaction, Borse Dubai acquired 97.2% of OMX's outstanding shares before selling them on to NASDAQ. The newly merged company was renamed the NASDAQ OMX Group upon completion of the deal on February 27, 2008.

2010: 2010 First US equity trading platform with a price-size priority model, which rewards size and liquidity - PSX

2011: 2011 First multi-asset risk management clearing platform in Europe

2012: On December 12, 2012, NASDAQ OMX announced that it would acquire Thomson Reuters' investor relations, public relations and multimedia businesses for $390 million in cash. 2012 First to offer a financial services-specific solution for data and infrastructure management in the cloud

2013: NASDAQ OMX completed the purchase on June 3, 2013. 2013 First technology provider to offer cloud-based storage for regulatory records retention

2016: As of September 2016, Nasdaq is not a major shareholder in the Oslo Stock Exchange holding company, which following a merger is currently called Oslo Børs VPS Holding ASA. Nasdaq has, however, publicly stated its interest in eventually acquiring the Oslo Stock Exchange.

2017: In April 2017, Nasdaq launched Nasdaq Ventures, a venture investment program focused on companies that will help Nasdaq grow its product lines and open new market segments.

2018: During Christmas of 2018, shareholders representing 25% of Oslo Børs VPS Holding (the Norwegian Stock Exchange and national CSD operator) held a private auction of share sale.

2019: Euronext by that time had acquired or secured control of 50.5% shares, and Nasdaq had announced on May 25, 2019 that they were pulling out of the Oslo Børs battle, handing Euronext the victory.


Mission

Nasdaq provides forward-thinking services and technology that have the power to drive capital formation, transform business and fuel economic growth around the world.


Key Team

Charlene T. Begley (Retired Senior Vice President and Chief Information Officer)

Amy Altman (VP Engineering & CTO Nasdaq Governance Solution)

Edward S. Knight (Executive VP & General Counsel)

Ann M. Dennison (Executive Vice President, Chief Financial Officer)

Essa Mulla (Board Member)

Bjørn Sibbern (Executive Vice President)

Jacob Wallenberg (Chairman)

Bradley J. Peterson (EVP and CIO/CTO)

John D. Rainey Jr (Executive Vice President and Chief Financial Officer of Global Customer Operations)

Brian Buckley (Chief Marketing Officer)

John Markese (Board Member)

Bruce Aust (Board Member)

Lars R. Wedenborn (Board Member)

Bryan E. Smith (Executive Vice President and Chief People Officer)

Adena T. Friedman (President and Chief Executive Officer)

Alfred W. Zollar (Executive Partner)

Bruce Aust (Board Member)


References
Nasdaq
Leadership team

A. Michael Smith (Chief Audit Executive)

Alfred W. Zollar (Executive Partner)

Products/ Services
Stock, Derivatives, equity trading, futures, options, markets, market data, securities exchanges, financial technology
Number of Employees
1,000 - 20,000
Headquarters
New York, New York, United States
Established
1971
Company Registration
SEC CIK number: 0001120193
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
NDAQ
Social Media
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