Discontinued — last reported Q3 '23
Trading Services, net — Revenues less transaction-based expenses
Nasdaq, Inc. Trading Services, net — Revenues less transaction-based expenses decreased by 5.6% to $236.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 1.3%, from $239.00M to $236.00M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests improved pricing power or a more favorable mix of trading products, while a decrease may indicate heightened competition or increased cost-to-execute.
Detailed definition
This metric represents the net revenue generated from trading activities after deducting direct transaction-based expens...
Peer comparison
Comparable to 'Net Transaction Revenue' or 'Clearing and Execution Fees' reported by other global exchange operators and financial market infrastructure firms.
ndaq_segment_trading_services_net_revenues_less_transaction_based_expensesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $259.25M | $259.25M | $259.25M | $264.00M | $252.00M | $239.00M | $264.00M | $267.00M | $250.00M | $236.00M |
| QoQ Change | — | +0.0% | +0.0% | +1.8% | -4.5% | -5.2% | +10.5% | +1.1% | -6.4% | -5.6% |
| YoY Change | — | — | — | — | -2.8% | -7.8% | +1.8% | +1.1% | -0.8% | -1.3% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Nasdaq, Inc.'s trading services, net — revenues less transaction-based expenses?
- Nasdaq, Inc. (NDAQ) reported trading services, net — revenues less transaction-based expenses of $236.00M in Q3 2023.
- How has Nasdaq, Inc.'s trading services, net — revenues less transaction-based expenses changed year-over-year?
- Nasdaq, Inc.'s trading services, net — revenues less transaction-based expenses decreased by 1.3% year-over-year, from $239.00M to $236.00M.
- What does trading services, net — revenues less transaction-based expenses mean?
- The net profit earned from trading operations after subtracting the direct costs of executing those trades.