Zacks Industry Outlook Highlights Intercontinental Exchange, CME, Coinbase Global, Cboe Global Markets and MarketAxess
From Nasdaq: 2024-06-26 05:18:00
Zacks Equity Research highlights the performance of key players in the Securities & Exchanges industry, including Intercontinental Exchange, CME Group, Coinbase Global Inc., Cboe Global Markets, and MarketAxess Holdings. These companies are expected to benefit from increased trading volumes and the growing adoption of crypto assets, despite challenges related to investment patterns and regulations.
The Zacks Securities and Exchanges industry is made up of companies that operate electronic marketplaces, facilitating the buying and selling of various financial products like stocks, bonds, and commodity contracts. In addition to transaction fees, these companies generate revenues from data products and financial indexes, as well as listing and information services, amidst increasing adoption of crypto assets and regulatory compliance requirements.
Three key trends are shaping the future of the Securities and Exchanges industry: the volatility-driven increase in trading volumes, mergers and acquisitions to expand product portfolios, and continuous investments in technology. These trends are expected to drive transaction fees, diversify offerings, and enhance trade-related operations, positioning industry players for sustained growth and profitability.
The Zacks Industry Rank for Securities and Exchanges stands at #74, indicating promising prospects within the Zacks Finance sector. Top-performing industries tend to outperform lower-ranked ones, reflecting positive earnings outlook and analyst confidence. With recent estimates showing a 21.1% increase in earnings potential for the industry, investors may consider stocks like Intercontinental Exchange, CME Group, Coinbase Global, Cboe Global Markets, and MarketAxess Holdings for their portfolios.
Among the highlighted stocks, Coinbase Global is projected to benefit from increased adoption of crypto assets and higher volatility in the market, driving overall trading volumes. Intercontinental Exchange, with a compelling portfolio and strategic acquisitions, is poised for growth, particularly in the U.S. residential mortgage industry. Cboe Global Markets offers diversified product lines and recurring revenues, while CME Group is the world’s largest futures exchange by trading volume and value traded.
Read more at Nasdaq: Zacks Industry Outlook Highlights Intercontinental Exchange, CME, Coinbase Global, Cboe Global Markets and MarketAxess