It's unusual to consider Nasdaq an underdog, as the exchange giant has long been a staple of the capital markets.
It's a different story in the futures market, which is dominated by CME Group and Intercontinental Exchange (ICE).
That didn't stop Nasdaq from joining the fray. The firm announced in March 2015 at FIA Boca that it planned to launch a US-based designated contract market (DCM) for the energy markets.
Just over four months later, on July 24, 2015, Nasdaq Futures (NFX) was launched with
Anthony and James look at developments pertaining to the Consolidated Audit Trail and wonder if big-tech companies could challenge traditional asset managers.Subscribe to Weekly Wrap emails
- WatersTechnology Innovation Summit Q&A: Elly Hardwick, Deutsche Bank
- In Capital Markets, Blockchain's Evolution Has Left the Bitcoin Model Behind
- Waters Wavelength Podcast Episode 96: CAT Concerns & Big Tech Takes Aim at Asset Managers
- WatersTechnology Innovation Summit Q&A: Stewart Carmichael, Schroders
- Waters Wavelength Podcast Episode 95: Bitcoin/Blockchain News, BNP's Acquisition, Post-Trade Tech