Nasdaq Inc (NAS:NDAQ)
$ 81.61 -0.88 (-1.07%) Market Cap: 46.15 Bil Enterprise Value: 53.22 Bil PE Ratio: 24.58 PB Ratio: 3.83 GF Score: 92/100

Nasdaq Inc at Bank of America Information & Business Services Conference Transcript

Mar 12, 2026 / 12:40PM GMT
Release Date Price: $84.06 (-1.68%)
Eli Abboud
Bank of America - Analyst

I'm Elias Abboud, Craig Siegenthaler and I cover US exchanges here at BOFA. I am pleased to be joined on stage by the CFO of Nasdaq, Sarah Youngwood.

With 4,500 companies on its exchange, NASDAQ is the largest listing venue in the United States. It is, of course, a leader in both stock and options trading. But since 2017, it has been in the midst of a strategic pivot to being a scaled technology and info services provider.

Today, nearly 80% of Nasdaq's revenue is from nontrading businesses. This includes indexing, data, corporate services, marketplace technology, regulatory reporting and financial crime management technology. Sarah was appointed CFO in 2023.

Before coming to NASDAQ, she was the CFO for UBS, where she played a key role in modernizing the bank's infrastructure and facilitating the acquisition of Credit Suisse. She also has 25 years of experience at JPMorgan, where she was -- she held senior roles in investment banking and Investor Relations and as the CFO of Chase and JPMorgan Chase's technology unit.

Sara, thank

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