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A comment on Is Nasdaq a stock exchange or Ads company?.

Re:Is Nasdaq a stock exchange or Ads company? by LatteLazy on Saturday June 18, 2022 @05:06PM (#31793823)
Most exchanges don't make any money from trading itself, the tech is demanding the margins are thin, it's very competitive etc. They make more money from selling data (market data). Outside of that, anything that pads the bottom line is good news.
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Re:Is Nasdaq a stock exchange or Ads company? by iqkznnft on Saturday June 18, 2022 @08:14PM (#31794980)
> Most exchanges don't make any money from trading itself

Can you give a reference that doesn't involve reading some exchange's financial statements? This was not my impression at all.

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