Market PerformanceMarket share fell year over year for US equities & options, indicating a competitive setback.
Mergers And AcquisitionsCEO Adena Friedman stated that Nasdaq is not focused on mergers and acquisitions, ruling out any large deals for the foreseeable future, which limits potential growth opportunities from acquisitions.
Revenue OutlookAdenza revenue outlook for 2024 is below the previous guidance, posing challenges to the expected low to mid-teen revenue growth.