By Bryan Bottarelli In past Trade of the Day issues, we’ve discussed the tactical trading strategy of playing market volatility – and, more recently, oil market volatility – by using two different exchange plays:
Cboe Global Markets
Intercontinental Exchange.
For today, I’d like to add one additional name to this list: Nasdaq Inc. (Nasdaq: NDAQ).
As I’m sure you can guess, Nasdaq Inc. is the operator of the Nasdaq stock market, which is part of a so-called “comfortable oligopoly” among exchange-related plays.
Nasdaq Inc.’s trading revenues are tied to trading volumes, so periods of increased trading frequency lead to more transaction volume gains. Just like Cboe Global Markets …read more
