The Nasdaq logo is displayed at the Nasdaq Market site in Times Square in New York City, U.S., December 3, 2021. REUTERS/Jeenah Moon/File Photoon Wednesday reported third-quarter profit that beat Wall Street estimates, helped by stronger demand for its indexes and anti-financial crime products.
Index revenues at Nasdaq grew 15%, while revenue from its anti-financial crime unit, which offers solutions for detecting financial fraud, jumped 21% to $93 million in the third quarter. The company's solutions businesses revenue rose 9% to $694 million in the quarter compared to a year earlier, while its trading business reported a 1% decline to $236 million.
A total of 87 companies listed on the Nasdaq Stock Market in the quarter, compared with 98 a year earlier.
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Source: WSJ - 🏆 98. / 63 Read more »