Stock Research and Analysis
by Michael Wong, CPANasdaq OMX Group is the evolved form of the former Nasdaq Stock Market. Nasdaq is no longer an overgrown electronic marketplace for trading shares of technology-related companies. It is now a true global exchange with significant operations in Europe Read more 
Bulls Say
Nasdaq OMX's service lines are becoming increasingly diversified and may help the firm ride out market cycles better than peers.
Expansion into Europe, clearing services, and derivatives may provide avenues for accelerated growth.
The company has a strong electronic platform and may help it fend off low-cost competitors.
Operating leverage can improve returns even if revenue growth begins to slow. Read more
Bears Say
Increases in trading volumes may not compensate for lower transaction fees.
Trading volumes historically have been cyclical and may cause dips in earnings.
Rapid consolidation among exchanges creates stronger competitors and less opportunities to make value-added acquisitions.
The company has recently had turnover in its senior management, which could delay the execution of some initiatives.
Operating leverage can magnify a decrease in revenues' effect on net income. Read more
Strategy
Nasdaq OMX plans to be a leading global equity and derivatives exchange group. The company intends to create value for shareholders and customers by leveraging the company's scale and core competency Read more
Management
Robert Greifeld has been the president and CEO of Nasdaq since 2003. He is also a director of Nasdaq Dubai. Prior to Nasdaq, Greifeld held the position of executive vice president at SunGard Data Systems. From 1991 to 1999, he was president and COO Read more
Profile
Nasdaq OMX is an equity and derivatives exchange group with primary operations in the United States and the Nordic and Baltic regions of Europe. The company derives the Read more
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