Nasdaq Reports August 2015 Volumes, Equities Business Back on Track

Nasdaq has reported its trading volumes and metrics for the month ending August 2015, showing an uptick across its global Equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term business, according to a Nasdaq statement.

Last month, Nasdaq’s July 2015 figures showed an uneven performance across its global business, underpinned by sagging volumes and largely a summer lull that was by and large its worst performance of the year.

For the month ending in August 2015 however, Nasdaq once again managed to right the ship and build on last month’s weak performance by reporting a figure of 88.0 million contracts, up 12.8% MoM from 78.0 million contracts in July 2015. The growth is congruent across a yearly timeframe as well, with August 2015 representing a similar rise of 12.8% YoY from 78.0 million contracts in August 2014.

Equity derivatives also notched solid growth in August, climbing to 7.2 million contracts, up 7.5% MoM from 6.7 million contracts in July 2015. This ascension was equidistant over a yearly timetable, which was similarly good for a jump of 7.5% YoY from August 2014.

FICC Business Shows Mixed Results

August 2015’s results were rather stagnant at Nasdaq’s Fixed Income, Currencies and Commodities business. US Fixed income volume (in billion USD traded) saw $2,601 for the month ending August 2015. This corresponds to a tepid drop of -2.3% MoM from $2,661 in July 2015.

In terms of European fixed income, August 2015 soared yielding 2.5 million contracts, or 25.0% MoM from just 2.0 million contracts in July 2015.

Late last month, Nasdaq unveiled a new foreign exchange (FX) trading platform, its latest bid at expanding its markets – the launch of Nasdaq's new FX Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term is set for 2016.