Market Currents

• Monday, November 23, 2009

• 09:55 AM Goldman lifts Nasdaq (NDAQ +3.6%) to Buy, saying the pressure from declining market share seems to be fading. "Even if share does move away from the exchange, each 1% decline in market share in U.S. equities amounts to only about $0.015 in annual earnings," firm says, adding NDAQ could realize added revenue of $10M/quarter from its new British wholesale power exchange. 2 Comments

• Thursday, November 5, 2009

• 09:24 AM Nasdaq (NDAQ): Q3 EPS of $0.42 in-line. Revenue of $691M (+3.3%) vs. $355M. (PR) Comment!
• 00:05 AM Notable premarket earnings: ALD, BVF, CAH, CDE, CI, CNQ, CTL, CVS, DNR, DPS, DPTR, DTV, DYN, FTO, GNA, HK, KG, KIM, LAMR, MAC, MF, MGM, NDAQ, OCR, PCS, PXP, RRI, SE, SIRI, SLE, TDC, TWC, WEN, WW Comment!

• Friday, October 16, 2009

• 13:57 PM Trading is halted floorwide on the Philadelphia Stock Exchange, owned by Nasdaq OMX (NDAQ -2.6%), which says it will supply an update at some point today. PHLX has glitched in options testing this week. Comment!

• Friday, September 25, 2009

• 15:03 PM German insurer Allianz's delisting from NYSE (NYX) and China's Shanda Games spinoff onto Nasdaq (NDAQ) both point at the future of the worldwide listings market - where mature markets in Europe and the U.S. compete for emerging-market companies. Comment!

• Thursday, August 6, 2009

• 13:20 PM Nasdaq (NDAQ +0.7%), with an eye on which way the winds are blowing, moves to end flash trading on its exchange Sept. 1. (yesterday) 2 Comments
• 07:53 AM NASDAQ (NDAQ): Q2 EPS of $0.47 in-line. Revenue of $367M (-13%) vs. $369M. (PR) Comment!
• 00:05 AM Notable earnings before Thursday's open: AEE, ARE, BVF, BX, CLR, CMCSA, CNQ, CSE, CSIQ, CTL, DPTR, DSX, DTV, EAT, EP, FTO, FUQI, GLG, GNA, HPT, HUN, IAG, KG, LAMR, LINE, LXP, MF, MPEL, NDAQ, PCS, PXP, SIRI, TDC, TTI, WEN, WIN, WMB, WNR Comment!

• Wednesday, June 24, 2009

• 08:21 AM NYSE Euronext (NYX) is losing marketshare, and rival Nasdaq OMX (NDAQ) isn't picking up the slack. On the flip side, Direct Edge Holdings LLC and Bats Exchange Inc. more than doubled their combined share of trades since August to 22.8%. Comment!

• Tuesday, June 2, 2009

• 12:56 PM If things continue to stabilize, analysts say stock exchange trading volumes could slump by 20% or more. (Stocks: CME, NYX, NDAQ, ICE) Comment!

• Thursday, May 7, 2009

• 07:29 AM Nasdaq (NDAQ): Q1 EPS of $0.48 beats by $0.01. Revenue of $369M (-11.9%) vs. $379M. (PR) Comment!
• 00:05 AM Notable earnings before Thursday's open: ACM, ANSS, ARE, ATPG, BID, BCE, CAM, CLR, CSE, CVC, CXW, DTV, DYN, FTO, FTR, GG, GM, GNA, HOC, HRP, LAMR, LINE, LXP, NDAQ, OHI, PCS, PRGO, PXP, RDC, RGLD, SLE, TDC, WEN Comment!

• Thursday, February 26, 2009

• 07:10 AM Nasdaq (NDAQ): Q4 EPS of $0.53 beats by $0.02. Revenue of $403M (-3.9%) vs. $414M. (PR) Comment!
• 00:05 AM Notable earnings before Thursday's open: ALO, AMT, BYD, CLR, CVC, DLR, DYN, EME, EP, ESV, FAF, FRO, FTO, GLBL, GM, HRP, HUN, IRM, KG, LAMR, LINE, LKQX, LTD, NDAQ, NIHD, OCR, PCS, RAS, RDC, SHLD, SONS, SUG, SWY, WRC Comment!

• Monday, January 26, 2009

• 11:25 AM NASDAQ OMX (NDAQ) launches options trading on the NASDAQ OMX Government Relief Index (QGRI), which tracks 24 publicly traded companies taking government aid through TARP and its cousins. Comment!

• Tuesday, January 6, 2009

• 06:07 AM Nasdaq OMX Group's (NDAQ) derivatives clearinghouse has started clearing over-the-counter contracts tied to interest rates. The clearinghouse is up against rival platforms operated by CME Group (CME) and LCH.Clearnet. Comment!