I want to share more about how I approach exchange investing & the resources I use to track the industry. I& #39;ll split this into 4 topics below:

1) Filings
2) Volumes (2 pts)
3) News
4) Social

I hope you find it useful https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">

FILINGS:

As with most stocks, nothing beats the old-fashioned way: reading Ks, Qs, and earnings results in detail.

I use Seeking Alpha to read earnings call transcripts (Q&A is most important).

Look at results relative to guidance and changes to the forward outlook.

VOLUMES:

The primary drivers of exchange performance are volumes & data growth. The volume piece can be tracked monthly (even daily) via each exchange& #39;s website.

CME: http://investor.cmegroup.com/volume 

ICE:">https://investor.cmegroup.com/volume&qu... https://ir.theice.com/investor-resources/supplemental-information/default.aspx

CBOE:">https://ir.theice.com/investor-... http://www.cboe.com/data/cboe-holdings-monthly-volume-rpc-reports">https://www.cboe.com/data/cboe...

Nasdaq: http://ir.nasdaq.com/financials/volume-statistics

Tradeweb:">https://ir.nasdaq.com/financial... https://www.tradeweb.com/newsroom/monthly-activity-reports/

MarketAxess:https://www.tradeweb.com/newsroom/... href=" https://investor.marketaxess.com/volume ">https://investor.marketaxess.com/volume&qu...

Volume | MarketAxess Holdings, Inc.

The Investor Relations website contains information about MarketAxess Holdings, Inc.'s business for stockholders, potential investors, and financial analysts.

http://ir.nasdaq.com/financials/volume-statistics

NEWS: It& #39;s critical to filter out as much noise as possible when consuming news, and exchanges are no different.

I use Finviz& #39;s Portfolio tool - create a free account and add stocks to your watchlist. All news from those stocks will show up in a clean, easy to read feed:

SOCIAL: I follow these accounts to elevate my thinking about exchanges:

@JerryCap
@FinSkirt
@bizalmanac
@BrianGierke
@ltabb
@kmcpartland
@GuFinProf
@Foudroyant
@staffordphilip
@JoeSaluzzi
@aosipovich
@JustinRBLT
@phoenixvalue
@RussellRhoads
@NoonSixCap

To summarize:

1) You& #39;d be surprised how much info is in each exchange& #39;s 10-K. Read them.

2) Track volumes at least monthly. Exchanges trade on volumes.

3) Very few pieces of news will truly impact the stock.

4) Debate your ideas with others. You& #39;ll become a better investor.