Nasdaq, Inc. reported third-quarter adjusted profit of $511 million (US$0.88 per share), beating analysts’ expectations and driven by heightened trading volumes paired with robust demand for fintech, regulatory and solutions platforms.

Revenue rose 15 % year-on-year to $1.32 billion. Market-services revenue climbed 14 % to $303 million while the fintech/regulatory solutions unit surged some 23 % to $457 million, reflecting growing demand for automated trading, fraud-prevention and compliance services in volatile markets.

The firm also highlighted a rebound in the IPO market, citing recent listings such as Firefly Aerospace and Figure, marking the strongest nine-month IPO pace since 2021. The stronger environment reflects investor appetite for new-economy firms.

Nasdaq’s results underscore how increased market volatility and regulatory complexity are benefitting exchanges and platform providers. Its shift toward recurring revenue streams appears to strengthen its long-term positioning.

The positive performance may prompt other exchanges and fintech firms to accelerate investments in solutions and infrastructure amid an evolving landscape of capital-markets services and digital trading architecture.

Source: Reuters.