Group 1: Leadership Changes - BNY has appointed Catherine Addona-Peña as the new head of enterprise risk, previously serving as chief risk officer at Nasdaq [1] - Nasdaq is currently without a full-time CRO as Addona-Peña's responsibilities are being managed by other team members while a replacement is sought [2] - JP Morgan has promoted Conor Hillery and Matthieu Wiltz to co-CEOs for Europe, the Middle East, and Africa, succeeding Filippo Gori [5][6] Group 2: New Appointments - Kranthi Gade has been named head of global macro and US cross-asset strategic indexes structuring at JP Morgan [8] - Adrian Loh has joined JP Morgan Private Bank as market head of investments and advice for Southeast Asia [10] - Fahim Rahman has been appointed head of derivatives risk solutions for EMEA at Mizuho [15] Group 3: Organizational Changes - Standard Chartered has appointed Roberto Hoornweg as CEO of corporate and investment banking, taking over from Sunil Kaushal [11][12] - Citi has appointed Sophie Landry as head of markets for Germany and Austria, and Jason Woods as head of futures execution for Europe, the Middle East, and Africa [16][18] - RBC Capital Markets has appointed Callum Maitland to head structured inflation and cross-currency basis trading [20] Group 4: Regulatory and Governance Updates - The Federal Deposit Insurance Corporation has named Ryan Billingsley as director in the division of risk management supervision [27] - The Alternative Investment Management Association has appointed Jon May as the new chair of its governing body, succeeding Karl Wachter [28]

Market Overview - U.S. equity markets opened with strong momentum, with the Dow Jones Industrial Average (DJIA) rising by 316.26 points (0.67%) to 47,523.38, the Nasdaq (NDAQ) increasing by 339.14 points (1.46%) to 23,544.00, and the S&P 500 (SPX) advancing by 63.85 points (0.94%) to 6,855.54 shortly after the market opened [2][9]. Global Economic Developments - Argentina's peso experienced a significant 10% increase following President Milei's midterm election victory, indicating positive market sentiment towards his administration's policies [3][9]. - Trade relations between major economies are under strain, with China's Commerce Ministry asserting its commitment to defend the rights of Chinese firms against the UK, which has taken actions against 11 Chinese companies. The WTO Director-General acknowledged the validity of U.S. criticisms regarding the multilateral trading system [4][9]. Investor Sentiment - Investor behavior reflects a bullish outlook, as fund managers are holding their lowest cash allocation in over a decade, suggesting a strong appetite for risk and confidence in continued market growth. This sentiment is mirrored in Germany, where business confidence has improved, reaching its highest level since the Russian invasion of Ukraine, largely due to government spending plans [5][9]. Corporate News - Amazon's robotics team is working towards automating 75% of its operations, highlighting a significant push for technological integration and efficiency within the company [6][9]. - General Electric Aerospace has extended its service contract with RAN, including options for an additional 10 years, securing a long-term partnership [6]. - Novartis' CEO expressed confidence in the Avidity deal, indicating a strategic move for the pharmaceutical giant [7].

RT moon (@MoonOverlord)crazy seeing this live"XYZ100" = Nasdaqfitting for the digital Nasdaq (Hyperliquid) to list the physical Nasdaq as their first stock selection https://t.co/m9BtZRoXUO ...

Core Points - Cenntro Inc. has been granted a 180-day extension by Nasdaq to meet the minimum bid price requirement of $1.00 per share, now having until April 20, 2026, to comply [1][2][5] - The extension is contingent upon the company maintaining compliance with other Nasdaq listing requirements, with the exception of the minimum bid price [3][4] - Cenntro intends to take necessary measures to regain compliance, including the possibility of a reverse stock split if needed [3][5] Company Overview - Cenntro Inc. is a pioneering manufacturer of electric commercial vehicles (ECVs), focusing on purpose-built vehicles for various commercial applications [6] - The company is developing a global supply chain and enhancing its manufacturing, distribution, and service capabilities [6] - Cenntro is advancing its product offerings through innovations in battery, powertrain, and smart driving technologies [6]

Core Insights - The total short interest in Nasdaq securities decreased from 17,298,674,674 shares to 16,909,289,866 shares between the reporting periods of September 30, 2025, and October 15, 2025, indicating a decline in bearish sentiment [3]. Group 1: Nasdaq Global Market - Short interest in 3,382 Nasdaq Global Market securities totaled 13,834,913,159 shares at the end of the settlement date of October 15, 2025, down from 14,078,324,727 shares in the previous period [1]. - The mid-October short interest represents 2.09 days of average daily volume, compared to 2.16 days in the prior reporting period [1]. Group 2: Nasdaq Capital Market - Short interest in 1,682 securities on The Nasdaq Capital Market totaled 3,074,376,707 shares at the end of the settlement date of October 15, 2025, a decrease from 3,220,349,947 shares in the previous reporting period [2]. - This represents an average daily volume of 1.00 day, consistent with the previous reporting period [2]. Group 3: Overall Market Summary - The total short interest across all 5,064 Nasdaq securities was 16,909,289,866 shares at the October 15, 2025 settlement date, down from 17,298,674,674 shares in the previous period [3]. - The average daily volume for the total short interest is now 1.61 days, compared to 1.71 days in the prior reporting period [3].

Core Viewpoint - CoinShares International Limited has received a waiver from Nasdaq Stockholm, allowing the company to forgo the publication of its Q3 2025 financial results, which were originally scheduled for November 11, 2025, as part of its transition to a U.S. listing through a merger plan [1][5]. Group Summary - CoinShares reported strong performance in Q3 2025, benefiting from favorable industry conditions and sustained investor confidence [2]. - The company is in the process of changing its listing venue from Sweden to the U.S., which requires the auditing of historical financial information under PCAOB standards for compliance [3]. - The decision to not publish Q3 results is linked to the U.S. listing process, as including this information would delay the registration statement on Form F-4 and impede the transaction [4]. - The waiver granted by Nasdaq Stockholm is a one-off measure to facilitate the ongoing transaction, and the financial calendar has been updated accordingly [5]. - The CEO of CoinShares emphasized the importance of the transaction for the company's development and expressed commitment to keeping investors informed of material developments [6][7].

Group 1 - Recent dividend activity included increased payouts from Sunoco (SUN) and Huntington Ingalls (HII) [2] - Companies such as General Motors (NYSE:GM) and Nasdaq (NASDAQ:NDAQ) have made dividend declarations [2] - Looking ahead, industry players like Morgan Stanley are expected to be active in the upcoming week [2]

Core Viewpoint - The collaboration between Nasdaq and Quant360 aims to provide high-quality data services for quantitative private equity firms in China, addressing challenges in the U.S. stock market data quality and depth [8][14][15]. Industry Overview - The quantitative private equity industry in China has seen rapid growth, with 45 firms reaching over 10 billion yuan in assets by August 2025, accounting for nearly half of the total number of such firms in the country [8]. - The number of registered quantitative products has doubled year-on-year, indicating a strong development trend in quantitative strategies [8]. Challenges Faced - Chinese quantitative private equity firms face two main challenges in the U.S. stock market data: 1. Data quality is inconsistent, making it difficult to ensure accuracy and completeness [9][14]. 2. Ordinary Level-2 data does not provide sufficient market depth information, which affects strategy precision [15]. Solution Provided - Nasdaq TotalView offers a comprehensive view of market supply and demand by disclosing detailed information on all buy and sell orders, helping investors assess market dynamics [14]. - Quant360 enhances this by providing high-quality, efficient, standardized, and customizable data technology services [14]. - The partnership will facilitate access to Nasdaq TotalView data through various integration methods, including API connections and Excel exports, supported by a dedicated technical support team [15]. Future Outlook - Nasdaq and Quant360 plan to deepen their collaboration to continuously provide quality data services for quantitative investment firms, promoting the growth of the quantitative investment industry in the global market [15].

Financial Performance - Total revenues for Q3 2025 reached $1,958 million, a 2.9% increase from $1,902 million in Q3 2024[23] - Operating income for Q3 2025 was $586 million, up 30.8% from $448 million in Q3 2024[23] - Net income attributable to Nasdaq for Q3 2025 was $423 million, compared to $306 million in Q3 2024, reflecting a 38.3% increase[23] - Basic earnings per share for Q3 2025 were $0.74, an increase from $0.53 in Q3 2024[23] - For the nine months ended September 30, 2025, Nasdaq reported a net income of $1,269 million, a 67% increase compared to $760 million for the same period in 2024[30] - For the three months ended September 30, 2025, total revenues were $1,315 million, an increase of 14.8% compared to $1,146 million for the same period in 2024[53] - For the nine months ended September 30, 2025, total revenues reached $3,857 million, up 12.7% from $3,422 million in 2024[53] - The company reported a comprehensive income of $445 million for Q3 2025, compared to $364 million in Q3 2024[25] Assets and Liabilities - Total assets as of September 30, 2025, were $30,654 million, slightly up from $30,395 million at the end of 2024[21] - Total liabilities decreased to $18,624 million as of September 30, 2025, down from $19,195 million at the end of 2024[21] - Cash and cash equivalents decreased to $470 million from $592 million at the end of 2024[21] - Nasdaq's retained earnings increased to $9,223 million as of September 30, 2025, up from $8,401 million at the end of 2024[21] - Total stockholders' equity as of September 30, 2025, was $12,030 million, up from $11,081 million in 2024, reflecting a year-over-year increase of 8.6%[28] - Total debt obligations decreased to $9,098 million as of September 30, 2025, down from $9,480 million at the end of 2024, reflecting repayments and repurchases of various notes[78] Cash Flow and Investments - The company reported net cash provided by operating activities of $1,630 million for the nine months ended September 30, 2025, compared to $1,234 million in 2024, marking a 32% increase[30] - Nasdaq's cash and cash equivalents at the end of the period were $4,441 million, down from $5,795 million at the end of September 2024, representing a decrease of 23.4%[30] - Financial investments decreased to $53 million as of September 30, 2025, down from $184 million at the end of 2024[68] - The company has $204 million in available liquidity from various European credit facilities, none of which was utilized as of September 30, 2025[91] Revenue Segments - Total revenues for the Capital Access Platforms segment for the three months ended September 30, 2025, were $546 million, compared to $501 million in 2024, reflecting an increase of 9.0%[180] - Total revenues for the Financial Technology segment for the three months ended September 30, 2025, were $457 million, up from $405 million in 2024, representing a growth of 12.9%[180] - Total revenues for the Market Services segment for the three months ended September 30, 2025, were $946 million, down from $1,022 million in 2024, indicating a decline of 7.4%[180] - Financial Crime Management Technology revenues for the three months ended September 30, 2025, were $84 million, up 22.0% from $69 million in 2024[219] - U.S. Equity Derivative Trading revenues for Q3 2025 were $416 million, up 11.4% from $374 million in Q3 2024[223] Shareholder Returns - The board declared cash dividends totaling $448 million during the first nine months of 2025, with a quarterly dividend of $0.27 per share approved for December 2025, estimated at $154 million[119][120] - Cash dividends declared per common share increased to $0.27 for the three months ended September 30, 2025, up 12.5% from $0.24 in 2024[200] - A total of 4,007,607 shares of common stock were repurchased for a total purchase price of $330 million at an average price of $82.34 per share for the nine months ended September 30, 2025[115] Market Activity - The total industry average daily volume for U.S. equity options in Q3 2025 was 55.8 million, compared to 44.5 million in Q3 2024, reflecting increased trading activity[224] - Nasdaq's total matched market share executed on its exchanges decreased to 28.5% in Q3 2025 from 30.2% in Q3 2024[224] - Transaction rebates in Q3 2025 increased by 24.1% to $637 million from $513 million in Q3 2024[222] Other Financial Metrics - The effective tax rate for the three months ended September 30, 2025, was 20.0%, up from 14.3% in the prior year, primarily due to a tax benefit related to payments made to former employees[164] - The restructuring program initiated post-Adenza acquisition is expected to yield over $150 million in net expense synergies by September 30, 2025[189] - The company expects to wind down commodities clearing and trading services by the end of the second quarter of 2026[183]

Core Points - Trading in NusaTrip Incorporated (Nasdaq: NUTR) has been halted by Nasdaq for additional information requested from the company [1] - The Securities and Exchange Commission (SEC) previously suspended trading in NUTR from October 9, 2025, to October 22, 2025 [1] - The last sale price of NusaTrip's ordinary shares was $9.00 [1] Additional Information - Trading will remain halted until NusaTrip has fully satisfied Nasdaq's request for additional information [2] - For further details regarding the SEC's order, a link to the SEC's documentation is provided [2] - For news and additional information about NusaTrip, direct contact with the company or checking under the company's symbol on the Nasdaq website is recommended [2]