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Nasdaq's monopolistic position is reflected in its Listing activities, with the company having a 91% win rate in IPOs (within the US) in Q1'23.
Source: https://seekingalpha.com/article/4610704-nasdaq-winner-facing-headwinds?source=feed_all_articles
Yes, compared to the S&P 500's 10% premium or the Nasdaq's 12% VIG is a bargain.