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Nasdaq CEO Adena Friedman: Covid bolstered the fintech revolution — and criminals’ opportunities

It’s Nasdaq’s job to embrace the positive changes technology offers, as well as to protect investors from emerging threats

Nasdaq CEO Adena Friedman: Covid bolstered the fintech revolution — and criminals’ opportunities
Photo: Rose Wong

Markets are changing — and fast. The tech revolution in finance is only picking up speed and the Covid-19 pandemic has been a major accelerant. Retail investor participation is on the rise, new digital trading platforms are rapidly gaining popularity, and emerging asset classes are reaching new levels of maturity and adoption by institutional investors.

If managed thoughtfully, these changes hold the promise to facilitate even stronger, more accessible markets for all participants. A big part of Nasdaq’s job today is to ensure that all participants can rely on markets that are fair, safe and transparent. While the systems that underpin markets proved highly resilient during the most volatile days early in the pandemic, it is important now to take steps today to future-proof our infrastructure, build new marketplaces, and ensure a fair and level playing field for all market participants.

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