Nasdaq 'Clearly' Opposes New Jersey Tax Plan, Says CEO Friedman

The transcript discusses NASDAQ's earnings growth, driven by a robust market environment and long-term trends. It highlights the increased participation of retail investors due to reduced market friction and market volatility. The discussion also covers the potential impact of a financial transaction tax, which NASDAQ opposes due to its potential to increase market friction and reduce liquidity.

What factors contributed to the growth of NASDAQ in the last six months?

What are the two key trends driving market volumes this year?

How has the participation of retail investors changed during the pandemic?

What is the market operator's role in minimizing friction for investors?

What are the potential impacts of a financial transaction tax according to the speaker?