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...

By Harare Bureau BLOCKCHAIN technology can help enhance transparency, efficiency and grow investor confidence in Zimbabwe’s fledgling capital markets, experts say. The technology, which underpins crypto-currencies like bitcoin, is temper-proof. Its decentralised nature allows for financial transactions to be traced throughout the payment process by anyone with a computer or smartphone with internet connection. These characteristics have meant that blockchain technology is now being adapted for use in several spheres including the supply chain, banking, financial markets and even voting, to curb fraud while improving transparency. Zimbabwe Stock Exchange (ZSE) chief executive Justin Bgoni told our Harare Bureau that the exchange is open to exploring how it can harness Blockchain technology in the near future although there is still no regulatory clarity on the matter. Mr Bgoni spoke about introducing blockchain-based new products and services such as real estate ...