why aren't all 16 resolved? a statement only gets an assessment when the public
record can support or contradict it. opinions and what-ifs never can, and 0 checkable
ones are still open, waiting for their date. predictions held up or didn't;
assertions are supported or contradicted. on every card:
▮▮▮▮▮ certainty ·
▮▮▮▮▮ debate potential. speakers are clickable
Insight
Yahya: Ethereum Layer 1 cannot handle Nasdaq-scale exchange throughput
“If you wanted to build something like the Nasdaq exchange on chain, there's no way you're doing that on Ethereum one. You probably need a blockchain that has the kind of the level of performance that a Solana or a Sui or some of the other kind of More modern o…”
Opinion
Friedman: Lack of short sale disclosure is totally wrong
“Ignorance is not bliss here, you know, and it's really, it's just that information disparity to me is just totally wrong.”
Prediction Held up
Nasdaq proposes allowing stock issuers to opt out of National Market System
“One of the things that we are preparing, and we've wrote in our blueprint, is to create, give an issuer a choice. They should be allowed to choose which market structure they want to embrace, so they can choose to be in the national market system, or they coul…”
Prediction Not checkable as stated
NASDAQ CIO Brad Peterson predicts financial markets will shift to blockchain
“We are going to go more towards a distributed record-keeping system because we can now, and that's what's really exciting about blockchain.”
Assertion Supported
George: Aggregate unicorn market cap reached $3.5 trillion, growing 7x in a decade
“If you take the market cap of, you know, the private markets valued above a billion dollars, you know, we could argue are some of them overvalued, undervalued but that whole value in aggregate Is like three and a half trillion dollars, and that's like 11%, thr…”
Assertion Supported
NASDAQ integrates blockchain into next-generation market infrastructure
“We've integrated the blockchain now into our next generation market infrastructure technology, so we can basically support any market from pre-trade risk management through to settlement on the blockchain in any market, so including non-financial markets.”
Disclosure
NASDAQ partners on Swedish mutual fund and South African proxy voting blockchain pilots
“I have a JV kind of a partnership with a bank in Sweden To prove out the blockchain for mutual fund formation and mutual fund management. And then we have actually a specific use case in South Africa to implement the blockchain for proxy voting in South Africa…”
Assertion Supported
Friedman: Nasdaq proprietary data pricing undercuts the SIP
“And we also make our best bid and offer and last sale available cheaper than the SIP.”
Assertion Partly supported
Horowitz: Tech stocks dropped 95% during the dot-com crash
“To have the NASDAQ fall over 80% and that not being, you know, that's NASDAQ, that's not tech. Tech fell 95%.”
Assertion Supported
Friedman: NASDAQ Indexes Represent $150 Billion in Assets
“We're a significant indexer ourselves. So we provide indexes that now have a hundred and fifty billion dollars of assets tied to them. So about 60% of that AUM, assets under management, is tied to our benchmark indexes, like the Nasdaq 100, the biotech, the se…”
Assertion Supported
Friedman: Non-financial sectors use NASDAQ technology to trade ad futures and loyalty points
“We have clients now that use our market infrastructure technology to trade ad futures, to trade reinsurance credits, to trade loyalty points, so we can look at that marketplace.”
Disclosure
Friedman: Nasdaq data scientists are applying AI to compliance and surveillance
“We have a team of data scientists that are working on machine intelligence in two areas. One is in compliance and surveillance.”
Assertion Not checkable as stated
Friedman: Public companies face heavy shareholder turnover in first two post-IPO years
“Most notably, you get a lot of shareholder turnover in those first two years.”
Assertion Supported
Friedman: NASDAQ provides technology to 90 global exchanges
“We also provide that technology to 90 other exchanges around the world.”
Assertion Contradicted
Nasdaq executes roughly 20% of NYSE-listed stock trading volume
“So we trade in the range of 20% of the trading in New York listed securities.”
Assertion Not checkable as stated
NASDAQ CIO confirms stock exchange core is not open to internet
“For the exchange itself, it is not open to the internet directly.”