Private Equity Moris Beracha Wuani

Nasdaq (NASDAQ: NDAQ) reported $4.2 billion in total revenues for the full year 2019, declining by 0.4% (y-o-y) due to low volatility in cash equities and equity options market. However, net revenues remained relatively stable, thanks to 10% (y-o-y) growth in recurring revenues from non-trading segments. Notably, Nasdaq’s technology solutions business observed a 25%(y-o-y) growth, driven by the company’s acquisition of Cinnober even as it continued to grow deal volumes. Trefis highlights the key sources of Nasdaq’s revenues in an interactive dashboard along with our projections for 2020. While the Market Technology segment accounts for less than 10% of Nasdaq’s top line as of now, the segment can potentially grow at an annual rate of up to 10% over the coming years to double in size by 2025. A Quick Look At Nasdaq’ Revenues Nasdaq reported $4.2 billion in Total Revenues for full-year 2019. It includes four segments: Market Services: $2.6 billion in FY2019 (62% of Total Revenue...

New cryptocurrency exchange has reportedly raised $27.5 million from investors which include NASDAQ Ventures and Fidelity Investments. The platform will offer cryptocurrency trading on spot and future markets starting next year.  Nevermind the Bear Market Seemingly unphased by the current bleeding conditions of the cryptocurrency market, Fidelity Investments and NASDAQ Ventures have reportedly taken part in a funding round of new cryptocurrency exchange ErisX. The total amount raised is $27.5 million,  Reuters  reports . According to the report, Nasdaq has already confirmed its participation while Fidelity is yet to respond to the requests for comment. The new cryptocurrency exchange will purportedly enable investors to trade Bitcoin (BTC) $3786.42 +0.14% , Litecoin (LTC) 0 0 , and Ether (ETH) 0 0 on both spot and futures markets. It is expected to launch in 2019 following regulatory approval. Speaking on the matter was Thomas Chippas, CEO ...