Nasdaq wins a market tech contract from Tradeweb:https://www.globenewswire.com/news-release/2020/07/31/2071012/0/en/Tradeweb-Selects-Nasdaq-to-Provide-Market-Surveillance-Technology.html#.XyQLCwIw8qE.twitter …
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Replying to @HideNotSlide
So many non-believers in NDAQ/Adena. Man did they get side swiped this year...ouch. I wonder if they are appropriately chastened? My question: Is NDAQ on its way to a biz services multiple?
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Replying to @FinSkirt
The sentiment for NDAQ has been improving all year - the stock is +37% YTD and its valuation is starting to separate from other exchanges.
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Replying to @HideNotSlide
Will it go all the way to a high quality biz services company multiple? I think it should. 75% recurring revenue...
1 reply 0 retweets 0 likes
Replying to @FinSkirt
Potentially - market tech & index revenue needs to get bigger as a % of total company, but it's possible.pic.twitter.com/tvxvt7SQ0c
8:44 AM - 31 Jul 2020
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