Nasdaq Sees Record Revenues in Q4 2016, Rebrands its Fixed Income Business
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Nasdaq Sees Record Revenues in Q4 2016, Rebrands its Fixed Income Business
Nasdaq, Inc. (Nasdaq:NDAQ), one of the largest market operators in the US, has reported its Q4 2016 financial results, which also featured a strategic realignment and rebranding of its fixed income business, per a recent quarterly filing.
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Looking at its overall business in Q4 2016, Nasdaq reported an all-time high in its net revenues of $599.0 million, which was good for an 11.8% YoY growth compared with just $536.0 million in Q4 2015. One of the largest drivers of this growth was a $54 million positive ... (read more)
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