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At Barron's

Nasdaq CEO Adena Friedman on the Future of 23-5 Trading

At Barron's

At Barron's

Business

4.720 Ratings

🗓️ 18 May 2026

⏱️ 24 minutes

🧾️ Download transcript

Summary

Adena Friedman, CEO of Nasdaq, spoke to Barron's editor at large Andy Serwer about the changes coming to financial markets. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Access to affordable credit helps me pay my employees, but I don't really need it.

0:05.0

Infliction is killing me!

0:08.0

But who cares? Big retailers are making record profits!

0:12.0

That's why we support the Durban Marshall Credit Card Bill!

0:15.0

See? Banks and credit unions help small businesses make payroll.

0:18.0

This bill would cut the vital resources they need.

0:25.1

While increasing megastore profits, they deserve it, don't they?

0:29.1

Tell Congress, stop the Durban Marshall money grab for corporate megastores.

0:31.2

Paid for it by the Electronic Payments Coalition.

0:40.7

Hello everyone and welcome to At Bairns. I'm Andy Surwer and welcome to our guest, Adina Friedman, CEO of NASDAQ.

0:42.9

Adina, great to see you.

0:43.9

It's great to be here and thank you so much for coming our way.

0:46.6

Thank you for having us here, Adina. A lot of people think of NASDAQ still maybe as just

0:53.2

a stock exchange, an electronic stock exchange, but it's a lot more

0:56.1

than that. You really transform the company. What is NASDAQ today and where are you taking it?

1:01.0

Well, we are very proud of our foundation as a world leading exchange and that continues to be

1:06.8

like kind of the center of our strategy. But we have been able to expand our business today.

1:11.4

And today we really are an advanced technology company that powers the capital markets and

1:16.8

the broader financial system. We say our vision is to be the trusted fabric of the world's financial

1:21.4

system. So we think about that in terms of being kind of the center of the economy from a market's

1:26.0

perspective. Not only do we provide

1:28.2

our markets to our U.S. equities and options markets, but also to the Nordic markets that we

...

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