Nasdaq's (NDAQ) CEO Bob Greifeld on Q1 2016 Results - Earnings Call Transcript

Nasdaq Inc. (NASDAQ:NDAQ) Q1 2016 Earnings Conference Call April 27, 2016 8:00 AM ET

Executives

Ed Ditmire – Vice President-Investor Relations
Bob Greifeld – Chief Executive Officer
Ron Hassen – Interim Chief Financial Officer
Adena Friedman – Chief Operating Officer and President

Analysts

Richard Repetto – Sandler O'Neill
Ashley Serrao – Credit Suisse
Kyle Voigt – KBW
Chris Alan – Buckingham
Mike Carrier – Bank of America
Alex Kramm – UBS
Brian Bedell – Deutsche Bank
Chris Harris – Wells Fargo
Ken Hill – Barclays
Andrew Bond – RBC Capital Markets

Operator

Good day, ladies and gentlemen, and welcome to the Nasdaq First Quarter 2016 Results Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will follow at that time. [Operator Instructions] As a reminder, today's conference call is being recorded.

I would now like to turn the conference over to Mr. Ed Ditmire, Vice President of Investor Relations. Please go ahead, sir.

Ed Ditmire

Good morning, everyone, and thank you for joining us today to discuss Nasdaq's first quarter 2016 earnings results. On the line are Bob Greifeld, our CEO; Ron Hassen, our Interim CFO; our Chief Operating Officer and President, Adena Friedman; President, Hans-Ole Jochumsen; Ed Knight, our General Counsel; and other members of the management team.

After prepared remarks, we'll open up to Q&A. The press release and presentation are on our website. We intend to use the website as a means of disclosing material, non-public information and complying with disclosure obligations under SEC Regulation FD.

I'd like to remind you that certain statements in this presentation and during Q&A may relate to future events and expectations and, as such, constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may