Nasdaq Inc at Piper Sandler Global Exchange & Fintech Conference Transcript

Jun 04, 2026 / 01:00PM GMT
Release Date Price: MXN1502
Unidentified Participant

(audio in progress) Also, the company's portfolio of marketplace technology surveillance, risk management, regulatory reporting solutions. One of the central voices behind Nasdaq's Always On Markets Vision 24/7 trading, big topic here at this conference. So, Tal, thanks so much for joining us.

Tal Cohen
Nasdaq Inc - President

Yeah, thanks for having me.

Questions & Answers

Unidentified Participant

So I'll start off with a question on perps. Big news on Friday, CFTC approved Kalshi's Bitcoin perpetual futures contract to put some pressure on the exchange names here recently. So with perps seemingly on a path to becoming onshore and other asset classes, how's Nasdaq thinking about this? Is it an opportunity? Is it a threat? Is this overblown? What's your take?

Tal Cohen
Nasdaq Inc - President

Yeah, and it's great going after David and hearing what he had to say. So I think we came out of the CFTC, folks construed that and extrapolated that and said, okay,

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