.
Discover

Nasdaq at Davos and the Markets Economy .

The theme for this year’s summit is “Creating A Shared Future in A Fractured World,” an idea Nasdaq has championed since its founding in 1971.

Nasdaq at Davos and the Markets Economy

2018 marks the 48th gathering of the World Economic Forum Annual Meeting in Davos, Switzerland, Nasdaq has participated as an official delegate for over a decade.

With more than 400 sessions over a four-day period, world and industry leaders address some of the biggest issues of the day in the hope of influencing and improving the state of the world.

The theme for this year’s summit is “Creating A Shared Future in A Fractured World,” an idea Nasdaq has championed since its founding in 1971 as the first electronic exchange, which revolutionized the markets by opening them up to millions of individual investors for the first time.

This week, CEO and President Adena Friedman shared her vision for how Nasdaq continues to shape and engage in the global conversation on creating a shared future. As a participant on the WEF panel focused on Global Markets in a Fractured World, Adena unveiled Nasdaq’s concept of “markets everywhere.”

The Markets Economy is the premise that we can adapt the best features of equities markets as part of the transactions of more people so they can participate and benefit from the ever-changing global economy.

In an article released at the start of the forum, Friedman outlined the model.

As artificial intelligence, machine learning, cloud computing, digital currencies and mobile technology continue to mature, the big question will be how to focus resources to amplify the opportunities to create jobs, grow global economies and ensure that more people benefit from disruptive change.

Just as the electronification of markets, led by Nasdaq when it launched in 1971, revolutionized markets by opening them up to millions of individual investors, technology today is poised to create market-based economies across industries where until now only seller's economies existed.

With the launch of the digital economy and online commerce, eBay and other electronic auction communities were pioneers in embracing true price discovery. What we are seeing today, however, is the opportunity for the potential for continuous price discovery, as well as auctions in assets outside specialty consumer products.”

The following video explains the Markets Economy concept:


To read more about the Markets Economy, Adena Friedman’s article is located here.
Recent blog posts{{catTitle ? " in " + catTitle : ""}}
{{post.Date | date:'MMM d yyyy'}}
Scroll up