Q4 Exchange Earnings: The Party Continues... For Now
My industry takeaways & exchange picks for 2022
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(Read past earnings reviews here: Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021)
Another jam-packed earnings season has passed us by almost as quickly as it came.
Over the last few weeks, more than a dozen public exchange & market data companies have shared new data & commentary on today’s environment & their outlook for 2022 and beyond. As investors, sifting through these earnings reports is a critical part of long term success. As students of market structure, they give us a unique window into the minds of those who control the industry’s makeup & future direction.
Like past quarters, I have a detailed PDF attached at the bottom of this post with my notes on each company’s earnings materials & analyst conference call. I’ll start with my main takeaways from this set of earnings reports, then end with my top exchange picks for 2022.
Let’s dive in: