Nasdaq OMX (Nasdaq:NDAQ) recently reported earnings. ICE comes out soon. Follow this Bear Case Scenario as you ponder management comments.
Technology problems opened NASDAQ to criticism à la Facebook. Regulators and customers of all types are still worried.
NASDAQ has increased market share in options. The next question becomes how do you continue the growth with a larger market share.
NASDAQ has lost position in equities to a number of sources. NASDAQ has high fixed costs and any small decrease is huge at the bottom line.
George Gutowski writes from a caveat emptor perspective.