Company library · Exchanges & Financial Data
Exchanges & Financial Data: the moats, the numbers, the verdicts.
11 companies covered. Every report re-run after the latest earnings.
Cboe Global Markets, Inc. CBOE
The bet you're really making is that Cboe keeps its lock on options tied to the S&P 500 and the VIX fear gauge, contracts only Cboe can list, and that traders use them more every y
The bet you're really making is that the world keeps needing one place to bet on where interest rates go, and that place stays CME. Underneath that, you're betting the wave of acti
Coinbase paid Brian Armstrong $9,713,000 for 2025, and $8,713,000 of that was personal security and private aircraft rather than anything tied to results. His only live performance
FactSet Research Systems Inc. FDS
The bet you're really making is that money managers keep paying every year for FactSet, the screen and data feeds their analysts use all day to research investments and build portf
Intercontinental Exchange, Inc. ICE
The bet you're really making is that the world keeps needing one company to run the plumbing of modern finance: the oil and interest-rate markets big institutions cannot avoid, the
The bet you're really making is that companies and governments keep borrowing by selling bonds, and keep paying Moody's to stamp each bond with a grade for how likely the money get
The bet you're really making is that money managers, financial advisors and banks keep paying Morningstar every year for its data, its ratings and its research, and keep paying a l
The bet you're really making is that the world's big investors keep measuring themselves against MSCI's yardsticks, the indexes their funds copy, and keep paying every year to use
The bet you're really making is that Nasdaq keeps turning from a stock exchange into a software company that banks pay every year, to catch money launderers, file reports to regula
The bet you're really making is that the world keeps borrowing money, and keeps paying S&P Global to stamp a grade on that debt so investors will buy it. Under that, you're betting
The bet you're really making is that American lenders keep checking people's credit, and that TransUnion, one of only three companies that keep those files, keeps selling more with