News Formal

Nasdaq's CEO says its time for corporate America to get in on alternative data, the $7 billion market that's taking Wall Street by storm

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Nasdaq, which recently acquired an alternative data provider, said it could leverage its relationship with companies listed on its exchange to provide the data.

Adena Friedman, Nasdaq's CEO, said she thinks there is a use case for big companies to use alternative data.

However, the benefits of alternative data aren't necessarily limited to Wall Street firms looking to find new trading opportunities.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Since when did I need a subscription to view BI articles?!!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market worst skid in 2 weeks amid weak economic results; Nasdaq snaps 8-session win streak
Source: MarketWatch - 🏆 3. / 97 Read more »

U.S. stocks close mostly weaker in a busy day of congressional hearings
Source: MarketWatch - 🏆 3. / 97 Read more »