Nasdaq Q2 earnings snapshot: Revenue +12% YoY Expense +2% Op income +24% EPS +26% Market Technology new order intake dropped considerably in Q2 - will need management commentary to understand further:pic.twitter.com/QKNFlN0MES
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It may be the highest growth driver within Non-trading segment but remember it is coming from a much smaller base at only 12% of revenues. Info Services to me is the segment that will do the heavy lifting over the next 3 years at 30% of rev and a low 60s EBIT margin.
This is true, but when you back out exchange data (SIP revenues from equities business w/ no growth runway), info services and market tech are about the same size.