$21.3bn
$XX.Xbn
7,500
1,006
$X.Xbn
Stock and commodity exchanges have remained vital to the Finance and Insurance sector (IBISWorld report 52). Exchanges act as intermediaries and provide physical trading floors or electronic marketplaces where buyers and sellers arrange trades in securities, commodities and related contracts. Exchanges facilitate the transfer of assets between market participants in different locations and with various timeframes.
Industry revenue has grown at a CAGR of 4.2 % over the past five years, to reach an estimated $21.3bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Nasdaq, Inc. | 5,154.7 | 1,232.3 | 23.9 | |
Cme Group Inc. | 4,973.7 | 2,860.0 | 57.5 | |
Intercontinentalexchange Inc. | 4,769.6 | 1,880.3 | 39.4 |
To view the market share and analysis for all 4 top companies in this industry, view purchase options.
Industry revenue is measured across several distinct product and services lines, including Clearing and transaction fees, Listing services and Provision of market data. Clearing and transaction fees is the largest segment of the Stock & Commodity Exchanges in the US.
Increased trading volume boosts transaction fees
This industry is composed of financial intermediaries that provide physical trading floors or electronic marketplaces where buyers and sellers arrange trades in securities, commodities and related contracts. This report includes a discussion of exchanges and alternative trading systems, as well as broker-dealers that match trades of securities in off-exchange transactions. It excludes a discussion of the trading of debt securities, currencies, real assets and physical commodities.
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NAICS 52321 - Stock & Commodity Exchanges in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Revenue for stock and commodity exchanges has been performing well over the past five years, but conditions have been volatile. High corporate profit and savings boosted reve...
Learn about an industry's products and services, markets and trends in international trade.
More robust financial markets following the COVID-19 pandemic boosted revenue for all products. More trading volume caused transaction fees to rise, higher stock prices incre...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
The importance of the New York metropolitan area makes the Mid-Atlantic region the most significant for stock and commodity exchanges in the United States. The New York Stock...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
The industry remains consolidated because setting up a stock and commodity exchange requires extensive knowledge of financial products. Large players have been in the busines...
Learn about the performance of the top companies in the industry.
Stock and commodity exchanges are relatively consolidated, with the four largest companies comprising nearly 85.0% of revenue. Geographic limitations, recent mergers and acqu...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
The financial industry is subject to significant fraud and economic uncertainty, so regulation is heavy to maintain transparency. Laws in place regulate commodities, securiti...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Profit for stock and commodity exchanges is heavily influenced by the level of trading across the US economy. As inflation has increased uncertainty, trading is happening les...
Including values and annual change:
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Key data sources in the US include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
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The market size of the Stock & Commodity Exchanges in the US industry in United States is $21.3bn in 2024.
There are 1,006 businesses in the Stock & Commodity Exchanges in the US industry in United States, which has declined at a CAGR of 1.6 % between 2019 and 2024.
The market size of the Stock & Commodity Exchanges in the US industry in United States has been growing at a CAGR of 4.2 % between 2019 and 2024.
Over the next five years, the Stock & Commodity Exchanges in the US industry in United States is expected to grow.
The biggest companies operating in the Stock & Commodity Exchanges market in United States are Nasdaq, Inc., Cme Group Inc. and Intercontinentalexchange Inc.
Clearing and transactions services and Market data are part of the Stock & Commodity Exchanges in the US industry.
The company holding the most market share in United States is Nasdaq, Inc..
The level of competition is high and increasing in the Stock & Commodity Exchanges in the US industry in United States.