NASDAQ OMX Group, Inc.
What the Pause in the US-China Trade War Means for Investors
The US-China trade war has paused as the two countries restart trade talks, but the lack of a timeline is keeping companies on their toes.
What’s behind the Outlook for Nasdaq?
Nasdaq (NDAQ) revenue rose 9% and 8% in 2016 and 9M17, respectively.
Insights into Bitcoin Cash and Cryptocurrency-Related Stocks
In the past 24 hours, Bitcoin has fallen, and so have Ripple and Bitcoin Cash, falling 18.8% and 14.9%, respectively. Ethereum, however, rose 10.5%.
Are Chinese Investors Eyeing Cryptos? Major Gainers and Losers
Remarkably, SSC’s stock price has soared significantly since the investment in the Delaware Board of Trade. The stock could strongly relate to the price fluctuation in bitcoin and other cryptos.
CME Returned $1.6 Billion in 2015: What About Dividends?
CME Group (CME) has returned more than $5.6 billion to shareholders in the form of dividends since the variable dividend policy in 2012. In 2015, CME declared dividends of $1.6 billion.
Interest Rate Volumes Fell for CME: Will New Products Help?
CME Group (CME) purchased the Chicago Board of Trade in 2007 to expand its rates business. Since then, near-zero interest rates have led to lower returns for the company.
Were CME’s Energy Trades Helped by WTI?
CME Group (CME) reported a 13% rise in volumes of energy trades for 4Q15 to an average 2.0 million contracts per day compared to the prior year’s quarter.
Intercontinental Exchange Returned $991 Million to Shareholders
Intercontinental Exchange (ICE) returned $991 million to shareholders in 2015. This was comprised of approximately $331 million in dividends and $660 million in share repurchases.
Intercontinental Exchange Expanded Transaction Revenue on Rates
Intercontinental Exchange (ICE) reported a 4% decline in its transaction and clearing revenue. It totaled $811 million in 4Q15 compared to $844 million in 4Q14.
Intercontinental Exchange Beat 4Q15 Estimates
Intercontinental Exchange (ICE) reported its 4Q15 earnings on February 4, 2016. It beat Wall Street analysts’ adjusted EPS estimates of $3.01 with posted EPS of $3.27.
Company & Industry Overviews
Small Caps Underperformed Large-Cap Stocks in 2015
Large-cap stocks that are above $10 billion make up 87.3% of the Financial Select Sector SPDR Fund. These stocks fell 2.4% in 2015 and 2.6% in December 2015.
CME Continues to Trade at a Premium on Interest Rates, Energy
CME stock has been historically valued at a premium compared to its peers. The company commands a premium, mainly due to higher volumes in interest rates, foreign exchange, and energy trades.
CME to Benefit from Rising Interest Rates, Strategic Alliances
CME’s profits were primarily driven by energy, interest rates, and foreign exchange products. It reported total revenues of $850 million in 3Q15, up by 12% compared to the prior year’s quarter.
Intercontinental Exchange Expanded on Equities and Commodities
Intercontinental Exchange’s 3Q15 profit grew mainly due to growth across its segments and reduced operating expenses.
Company & Industry Overviews
Analyzing Diversified Financial Services Stocks
Three hundred and four analysts cover the 13 stocks in the diversified financial services sub-group. Of these, there are 173 “buy” ratings assigned, 17 “sell” ratings, and 114 “hold” ratings.
CME Group: Energy Volumes Rose on Q1 Global Oversupply, Volatility
CME Group (CME) reported a 20% rise in its energy volumes for 1Q15 compared to the first quarter of the previous year.
How CME Group’s Electronic Trading Focus Is Improving Performance
Approximately half of CME Group’s (CME) options business is traded electronically with about 40% traded on the flow and the remainder via privately negotiated transactions.
CME Group’s Foreign Exchange Trade: High Growth in March, April
CME (CME) reported foreign exchange volumes of 1.0 million in 1Q15, up from 0.8 million in 1Q14. Foreign exchange volumes contribute almost 7% of the company’s total volumes.
CME Group’s Interest Volumes Rose in 1Q15
CME (CME) reported interest rate volumes of 7.6 million in 1Q15, up from 6.7 million in 1Q14. Interest rate volumes contribute almost 50% of the company’s total volumes.
Intercontinental Exchange Rides on Highly Volatile Energy Markets
As of June 2015, Intercontinental Exchange (ICE) stock has appreciated by about 4% over the past six months. It has appreciated 25% over the last year.
Volatility in the Global Derivatives Market Is Positive for ICE
In 1Q15, volatility and volumes fell in the broader market. Volumes fell by 7%, while open interest rose 4% from the beginning of the year.