

<!--XBRL Document Created with Wdesk from Workiva-->
<!-- -->
<link:linkbase xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/netLabel" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" xlink:type="simple" />
  <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
    <link:label id="lab_us-gaap_DebtDisclosureAbstract_F4B25C9565F432CFF26AA4A9487E62AE_label_en-US" xlink:label="lab_us-gaap_DebtDisclosureAbstract_F4B25C9565F432CFF26AA4A9487E62AE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="loc_us-gaap_DebtDisclosureAbstract_F4B25C9565F432CFF26AA4A9487E62AE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtDisclosureAbstract_F4B25C9565F432CFF26AA4A9487E62AE" xlink:to="lab_us-gaap_DebtDisclosureAbstract_F4B25C9565F432CFF26AA4A9487E62AE" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentTable_89920F22FEB5A365E7A4A4A9487EF79D_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentTable_89920F22FEB5A365E7A4A4A9487EF79D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Long-term Debt Instruments [Table]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentTable_89920F22FEB5A365E7A4A4A9487EF79D_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentTable_89920F22FEB5A365E7A4A4A9487EF79D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Long-term Debt Instruments [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DebtInstrumentTable" xlink:label="loc_us-gaap_DebtInstrumentTable_89920F22FEB5A365E7A4A4A9487EF79D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentTable_89920F22FEB5A365E7A4A4A9487EF79D" xlink:to="lab_us-gaap_DebtInstrumentTable_89920F22FEB5A365E7A4A4A9487EF79D" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentAxis_F542BA63797B93227615A4A9487E9196_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentAxis_F542BA63797B93227615A4A9487E9196" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument [Axis]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentAxis_F542BA63797B93227615A4A9487E9196_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentAxis_F542BA63797B93227615A4A9487E9196" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="loc_us-gaap_DebtInstrumentAxis_F542BA63797B93227615A4A9487E9196" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentAxis_F542BA63797B93227615A4A9487E9196" xlink:to="lab_us-gaap_DebtInstrumentAxis_F542BA63797B93227615A4A9487E9196" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentNameDomain_856FDD2EF90B6A0268DEA4A9487FE947_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentNameDomain_856FDD2EF90B6A0268DEA4A9487FE947" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument, Name [Domain]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentNameDomain_856FDD2EF90B6A0268DEA4A9487FE947_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentNameDomain_856FDD2EF90B6A0268DEA4A9487FE947" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Name [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="loc_us-gaap_DebtInstrumentNameDomain_856FDD2EF90B6A0268DEA4A9487FE947" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentNameDomain_856FDD2EF90B6A0268DEA4A9487FE947" xlink:to="lab_us-gaap_DebtInstrumentNameDomain_856FDD2EF90B6A0268DEA4A9487FE947" xlink:type="arc" />
    <link:label id="lab_ndaq_FourHundredMillionTermLoanFacilityMember_AFB521E08ABEC5E8E340A4A9487F3550_terseLabel_en-US" xlink:label="lab_ndaq_FourHundredMillionTermLoanFacilityMember_AFB521E08ABEC5E8E340A4A9487F3550" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">$400 million senior unsecured term loan facility due November 25, 2019 (average interest rate of 3.48% for the period January 1, 2018 through December 31, 2018)(2)</link:label>
    <link:label id="lab_ndaq_FourHundredMillionTermLoanFacilityMember_AFB521E08ABEC5E8E340A4A9487F3550_label_en-US" xlink:label="lab_ndaq_FourHundredMillionTermLoanFacilityMember_AFB521E08ABEC5E8E340A4A9487F3550" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Four Hundred Million Term Loan Facility [Member]</link:label>
    <link:label id="lab_ndaq_FourHundredMillionTermLoanFacilityMember_AFB521E08ABEC5E8E340A4A9487F3550_documentation_en-US" xlink:label="lab_ndaq_FourHundredMillionTermLoanFacilityMember_AFB521E08ABEC5E8E340A4A9487F3550" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Four Hundred Million Term Loan Facility [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_FourHundredMillionTermLoanFacilityMember" xlink:label="loc_ndaq_FourHundredMillionTermLoanFacilityMember_AFB521E08ABEC5E8E340A4A9487F3550" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_FourHundredMillionTermLoanFacilityMember_AFB521E08ABEC5E8E340A4A9487F3550" xlink:to="lab_ndaq_FourHundredMillionTermLoanFacilityMember_AFB521E08ABEC5E8E340A4A9487F3550" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentLineItems_8FA973A19DCD4F73482FA4A9487FF459_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentLineItems_8FA973A19DCD4F73482FA4A9487FF459" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument [Line Items]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentLineItems_8FA973A19DCD4F73482FA4A9487FF459_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentLineItems_8FA973A19DCD4F73482FA4A9487FF459" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DebtInstrumentLineItems" xlink:label="loc_us-gaap_DebtInstrumentLineItems_8FA973A19DCD4F73482FA4A9487FF459" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentLineItems_8FA973A19DCD4F73482FA4A9487FF459" xlink:to="lab_us-gaap_DebtInstrumentLineItems_8FA973A19DCD4F73482FA4A9487FF459" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCredit_8768B5F10BD50EB58E97A4A9487F862D_verboseLabel_en-US" xlink:label="lab_us-gaap_LineOfCredit_8768B5F10BD50EB58E97A4A9487F862D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Remaining amount outstanding</link:label>
    <link:label id="lab_us-gaap_LineOfCredit_8768B5F10BD50EB58E97A4A9487F862D_label_en-US" xlink:label="lab_us-gaap_LineOfCredit_8768B5F10BD50EB58E97A4A9487F862D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Line of Credit</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LineOfCredit" xlink:label="loc_us-gaap_LineOfCredit_8768B5F10BD50EB58E97A4A9487F862D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCredit_8768B5F10BD50EB58E97A4A9487F862D" xlink:to="lab_us-gaap_LineOfCredit_8768B5F10BD50EB58E97A4A9487F862D" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxDisclosureAbstract_2E3B9854A2640AEA2FF2C37E0501D669_label_en-US" xlink:label="lab_us-gaap_IncomeTaxDisclosureAbstract_2E3B9854A2640AEA2FF2C37E0501D669" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncomeTaxDisclosureAbstract" xlink:label="loc_us-gaap_IncomeTaxDisclosureAbstract_2E3B9854A2640AEA2FF2C37E0501D669" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxDisclosureAbstract_2E3B9854A2640AEA2FF2C37E0501D669" xlink:to="lab_us-gaap_IncomeTaxDisclosureAbstract_2E3B9854A2640AEA2FF2C37E0501D669" xlink:type="arc" />
    <link:label id="lab_us-gaap_CurrentFederalStateAndLocalTaxExpenseBenefitAbstract_DA5DD2E3F506A3488179C37E0501C330_terseLabel_en-US" xlink:label="lab_us-gaap_CurrentFederalStateAndLocalTaxExpenseBenefitAbstract_DA5DD2E3F506A3488179C37E0501C330" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current income tax provision:</link:label>
    <link:label id="lab_us-gaap_CurrentFederalStateAndLocalTaxExpenseBenefitAbstract_DA5DD2E3F506A3488179C37E0501C330_label_en-US" xlink:label="lab_us-gaap_CurrentFederalStateAndLocalTaxExpenseBenefitAbstract_DA5DD2E3F506A3488179C37E0501C330" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Federal, State and Local, Tax Expense (Benefit) [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CurrentFederalStateAndLocalTaxExpenseBenefitAbstract" xlink:label="loc_us-gaap_CurrentFederalStateAndLocalTaxExpenseBenefitAbstract_DA5DD2E3F506A3488179C37E0501C330" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CurrentFederalStateAndLocalTaxExpenseBenefitAbstract_DA5DD2E3F506A3488179C37E0501C330" xlink:to="lab_us-gaap_CurrentFederalStateAndLocalTaxExpenseBenefitAbstract_DA5DD2E3F506A3488179C37E0501C330" xlink:type="arc" />
    <link:label id="lab_us-gaap_CurrentFederalTaxExpenseBenefit_89B1E832A548B583480BC37E050133B5_terseLabel_en-US" xlink:label="lab_us-gaap_CurrentFederalTaxExpenseBenefit_89B1E832A548B583480BC37E050133B5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal</link:label>
    <link:label id="lab_us-gaap_CurrentFederalTaxExpenseBenefit_89B1E832A548B583480BC37E050133B5_label_en-US" xlink:label="lab_us-gaap_CurrentFederalTaxExpenseBenefit_89B1E832A548B583480BC37E050133B5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Federal Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CurrentFederalTaxExpenseBenefit" xlink:label="loc_us-gaap_CurrentFederalTaxExpenseBenefit_89B1E832A548B583480BC37E050133B5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CurrentFederalTaxExpenseBenefit_89B1E832A548B583480BC37E050133B5" xlink:to="lab_us-gaap_CurrentFederalTaxExpenseBenefit_89B1E832A548B583480BC37E050133B5" xlink:type="arc" />
    <link:label id="lab_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_6B91F7928F196D18D6CAC37E0502A85A_terseLabel_en-US" xlink:label="lab_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_6B91F7928F196D18D6CAC37E0502A85A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">State</link:label>
    <link:label id="lab_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_6B91F7928F196D18D6CAC37E0502A85A_label_en-US" xlink:label="lab_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_6B91F7928F196D18D6CAC37E0502A85A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current State and Local Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CurrentStateAndLocalTaxExpenseBenefit" xlink:label="loc_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_6B91F7928F196D18D6CAC37E0502A85A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_6B91F7928F196D18D6CAC37E0502A85A" xlink:to="lab_us-gaap_CurrentStateAndLocalTaxExpenseBenefit_6B91F7928F196D18D6CAC37E0502A85A" xlink:type="arc" />
    <link:label id="lab_us-gaap_CurrentForeignTaxExpenseBenefit_2765CBAD9A04ECF40E8FC37E0502932C_terseLabel_en-US" xlink:label="lab_us-gaap_CurrentForeignTaxExpenseBenefit_2765CBAD9A04ECF40E8FC37E0502932C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign</link:label>
    <link:label id="lab_us-gaap_CurrentForeignTaxExpenseBenefit_2765CBAD9A04ECF40E8FC37E0502932C_label_en-US" xlink:label="lab_us-gaap_CurrentForeignTaxExpenseBenefit_2765CBAD9A04ECF40E8FC37E0502932C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Foreign Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CurrentForeignTaxExpenseBenefit" xlink:label="loc_us-gaap_CurrentForeignTaxExpenseBenefit_2765CBAD9A04ECF40E8FC37E0502932C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CurrentForeignTaxExpenseBenefit_2765CBAD9A04ECF40E8FC37E0502932C" xlink:to="lab_us-gaap_CurrentForeignTaxExpenseBenefit_2765CBAD9A04ECF40E8FC37E0502932C" xlink:type="arc" />
    <link:label id="lab_us-gaap_CurrentIncomeTaxExpenseBenefit_38B212A089C7A013F46AC37E0502EA00_totalLabel_en-US" xlink:label="lab_us-gaap_CurrentIncomeTaxExpenseBenefit_38B212A089C7A013F46AC37E0502EA00" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total current income taxes</link:label>
    <link:label id="lab_us-gaap_CurrentIncomeTaxExpenseBenefit_38B212A089C7A013F46AC37E0502EA00_label_en-US" xlink:label="lab_us-gaap_CurrentIncomeTaxExpenseBenefit_38B212A089C7A013F46AC37E0502EA00" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Income Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CurrentIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_CurrentIncomeTaxExpenseBenefit_38B212A089C7A013F46AC37E0502EA00" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CurrentIncomeTaxExpenseBenefit_38B212A089C7A013F46AC37E0502EA00" xlink:to="lab_us-gaap_CurrentIncomeTaxExpenseBenefit_38B212A089C7A013F46AC37E0502EA00" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredFederalStateAndLocalTaxExpenseBenefitAbstract_4E94C2EBEA25F258C986C37E0502A10A_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredFederalStateAndLocalTaxExpenseBenefitAbstract_4E94C2EBEA25F258C986C37E0502A10A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred income tax provision (benefit):</link:label>
    <link:label id="lab_us-gaap_DeferredFederalStateAndLocalTaxExpenseBenefitAbstract_4E94C2EBEA25F258C986C37E0502A10A_label_en-US" xlink:label="lab_us-gaap_DeferredFederalStateAndLocalTaxExpenseBenefitAbstract_4E94C2EBEA25F258C986C37E0502A10A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Federal, State and Local, Tax Expense (Benefit) [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredFederalStateAndLocalTaxExpenseBenefitAbstract" xlink:label="loc_us-gaap_DeferredFederalStateAndLocalTaxExpenseBenefitAbstract_4E94C2EBEA25F258C986C37E0502A10A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredFederalStateAndLocalTaxExpenseBenefitAbstract_4E94C2EBEA25F258C986C37E0502A10A" xlink:to="lab_us-gaap_DeferredFederalStateAndLocalTaxExpenseBenefitAbstract_4E94C2EBEA25F258C986C37E0502A10A" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_2B01D8C541DB4A50B56BC37E05023959_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_2B01D8C541DB4A50B56BC37E05023959" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal</link:label>
    <link:label id="lab_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_2B01D8C541DB4A50B56BC37E05023959_label_en-US" xlink:label="lab_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_2B01D8C541DB4A50B56BC37E05023959" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Federal Income Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredFederalIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_2B01D8C541DB4A50B56BC37E05023959" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_2B01D8C541DB4A50B56BC37E05023959" xlink:to="lab_us-gaap_DeferredFederalIncomeTaxExpenseBenefit_2B01D8C541DB4A50B56BC37E05023959" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_DAFEB1D0288F22978966C37E05030E2A_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_DAFEB1D0288F22978966C37E05030E2A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">State</link:label>
    <link:label id="lab_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_DAFEB1D0288F22978966C37E05030E2A_label_en-US" xlink:label="lab_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_DAFEB1D0288F22978966C37E05030E2A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred State and Local Income Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_DAFEB1D0288F22978966C37E05030E2A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_DAFEB1D0288F22978966C37E05030E2A" xlink:to="lab_us-gaap_DeferredStateAndLocalIncomeTaxExpenseBenefit_DAFEB1D0288F22978966C37E05030E2A" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_9E1F440A739A7C9BF72FC37E0503AAEB_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_9E1F440A739A7C9BF72FC37E0503AAEB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign</link:label>
    <link:label id="lab_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_9E1F440A739A7C9BF72FC37E0503AAEB_label_en-US" xlink:label="lab_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_9E1F440A739A7C9BF72FC37E0503AAEB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Foreign Income Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredForeignIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_9E1F440A739A7C9BF72FC37E0503AAEB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_9E1F440A739A7C9BF72FC37E0503AAEB" xlink:to="lab_us-gaap_DeferredForeignIncomeTaxExpenseBenefit_9E1F440A739A7C9BF72FC37E0503AAEB" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_CF071991C3710D673E67C37E0503CF76_totalLabel_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_CF071991C3710D673E67C37E0503CF76" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total deferred income provision (benefit)</link:label>
    <link:label id="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_CF071991C3710D673E67C37E0503CF76_label_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_CF071991C3710D673E67C37E0503CF76" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Income Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_CF071991C3710D673E67C37E0503CF76" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_CF071991C3710D673E67C37E0503CF76" xlink:to="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_CF071991C3710D673E67C37E0503CF76" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_15BDD158BEDAD24AE138C37E0503A0EE_totalLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_15BDD158BEDAD24AE138C37E0503A0EE" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total income tax provision</link:label>
    <link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_15BDD158BEDAD24AE138C37E0503A0EE_label_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_15BDD158BEDAD24AE138C37E0503A0EE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_15BDD158BEDAD24AE138C37E0503A0EE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_15BDD158BEDAD24AE138C37E0503A0EE" xlink:to="lab_us-gaap_IncomeTaxExpenseBenefit_15BDD158BEDAD24AE138C37E0503A0EE" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestructuringAndRelatedActivitiesAbstract_D8A8AF82F6F7F00C3AC306A86DF1D3B6_label_en-US" xlink:label="lab_us-gaap_RestructuringAndRelatedActivitiesAbstract_D8A8AF82F6F7F00C3AC306A86DF1D3B6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restructuring and Related Activities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RestructuringAndRelatedActivitiesAbstract" xlink:label="loc_us-gaap_RestructuringAndRelatedActivitiesAbstract_D8A8AF82F6F7F00C3AC306A86DF1D3B6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestructuringAndRelatedActivitiesAbstract_D8A8AF82F6F7F00C3AC306A86DF1D3B6" xlink:to="lab_us-gaap_RestructuringAndRelatedActivitiesAbstract_D8A8AF82F6F7F00C3AC306A86DF1D3B6" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfRestructuringAndRelatedCostsTable_0E274224CD0E7F700BC906A86DF127CC_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfRestructuringAndRelatedCostsTable_0E274224CD0E7F700BC906A86DF127CC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Restructuring and Related Costs [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfRestructuringAndRelatedCostsTable_0E274224CD0E7F700BC906A86DF127CC_label_en-US" xlink:label="lab_us-gaap_ScheduleOfRestructuringAndRelatedCostsTable_0E274224CD0E7F700BC906A86DF127CC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Restructuring and Related Costs [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfRestructuringAndRelatedCostsTable" xlink:label="loc_us-gaap_ScheduleOfRestructuringAndRelatedCostsTable_0E274224CD0E7F700BC906A86DF127CC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfRestructuringAndRelatedCostsTable_0E274224CD0E7F700BC906A86DF127CC" xlink:to="lab_us-gaap_ScheduleOfRestructuringAndRelatedCostsTable_0E274224CD0E7F700BC906A86DF127CC" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestructuringCostAndReserveAxis_A52E16E2003BE708EA4806A86DF1C874_terseLabel_en-US" xlink:label="lab_us-gaap_RestructuringCostAndReserveAxis_A52E16E2003BE708EA4806A86DF1C874" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restructuring Type [Axis]</link:label>
    <link:label id="lab_us-gaap_RestructuringCostAndReserveAxis_A52E16E2003BE708EA4806A86DF1C874_label_en-US" xlink:label="lab_us-gaap_RestructuringCostAndReserveAxis_A52E16E2003BE708EA4806A86DF1C874" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restructuring Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RestructuringCostAndReserveAxis" xlink:label="loc_us-gaap_RestructuringCostAndReserveAxis_A52E16E2003BE708EA4806A86DF1C874" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestructuringCostAndReserveAxis_A52E16E2003BE708EA4806A86DF1C874" xlink:to="lab_us-gaap_RestructuringCostAndReserveAxis_A52E16E2003BE708EA4806A86DF1C874" xlink:type="arc" />
    <link:label id="lab_us-gaap_TypeOfRestructuringDomain_CFDAFD1D1DABAE280D9406A86DF1D078_terseLabel_en-US" xlink:label="lab_us-gaap_TypeOfRestructuringDomain_CFDAFD1D1DABAE280D9406A86DF1D078" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Type of Restructuring [Domain]</link:label>
    <link:label id="lab_us-gaap_TypeOfRestructuringDomain_CFDAFD1D1DABAE280D9406A86DF1D078_label_en-US" xlink:label="lab_us-gaap_TypeOfRestructuringDomain_CFDAFD1D1DABAE280D9406A86DF1D078" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Type of Restructuring [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_TypeOfRestructuringDomain" xlink:label="loc_us-gaap_TypeOfRestructuringDomain_CFDAFD1D1DABAE280D9406A86DF1D078" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TypeOfRestructuringDomain_CFDAFD1D1DABAE280D9406A86DF1D078" xlink:to="lab_us-gaap_TypeOfRestructuringDomain_CFDAFD1D1DABAE280D9406A86DF1D078" xlink:type="arc" />
    <link:label id="lab_us-gaap_EmployeeSeveranceMember_C60B1309D9FC241CBB9E06A86DF74903_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeSeveranceMember_C60B1309D9FC241CBB9E06A86DF74903" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Severance and other termination benefits</link:label>
    <link:label id="lab_us-gaap_EmployeeSeveranceMember_C60B1309D9FC241CBB9E06A86DF74903_label_en-US" xlink:label="lab_us-gaap_EmployeeSeveranceMember_C60B1309D9FC241CBB9E06A86DF74903" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Severance [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EmployeeSeveranceMember" xlink:label="loc_us-gaap_EmployeeSeveranceMember_C60B1309D9FC241CBB9E06A86DF74903" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeSeveranceMember_C60B1309D9FC241CBB9E06A86DF74903" xlink:to="lab_us-gaap_EmployeeSeveranceMember_C60B1309D9FC241CBB9E06A86DF74903" xlink:type="arc" />
    <link:label id="lab_ndaq_AssetImpairmentMember_FB5043F21162441EA80906A86DF71DDF_terseLabel_en-US" xlink:label="lab_ndaq_AssetImpairmentMember_FB5043F21162441EA80906A86DF71DDF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Asset impairments</link:label>
    <link:label id="lab_ndaq_AssetImpairmentMember_FB5043F21162441EA80906A86DF71DDF_label_en-US" xlink:label="lab_ndaq_AssetImpairmentMember_FB5043F21162441EA80906A86DF71DDF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asset Impairment [Member]</link:label>
    <link:label id="lab_ndaq_AssetImpairmentMember_FB5043F21162441EA80906A86DF71DDF_documentation_en-US" xlink:label="lab_ndaq_AssetImpairmentMember_FB5043F21162441EA80906A86DF71DDF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Asset Impairment Member</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_AssetImpairmentMember" xlink:label="loc_ndaq_AssetImpairmentMember_FB5043F21162441EA80906A86DF71DDF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_AssetImpairmentMember_FB5043F21162441EA80906A86DF71DDF" xlink:to="lab_ndaq_AssetImpairmentMember_FB5043F21162441EA80906A86DF71DDF" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherRestructuringMember_977981E0AB125F4B483506A86DF7BF58_terseLabel_en-US" xlink:label="lab_us-gaap_OtherRestructuringMember_977981E0AB125F4B483506A86DF7BF58" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_us-gaap_OtherRestructuringMember_977981E0AB125F4B483506A86DF7BF58_label_en-US" xlink:label="lab_us-gaap_OtherRestructuringMember_977981E0AB125F4B483506A86DF7BF58" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Restructuring [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherRestructuringMember" xlink:label="loc_us-gaap_OtherRestructuringMember_977981E0AB125F4B483506A86DF7BF58" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherRestructuringMember_977981E0AB125F4B483506A86DF7BF58" xlink:to="lab_us-gaap_OtherRestructuringMember_977981E0AB125F4B483506A86DF7BF58" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestructuringCostAndReserveLineItems_B65F9925FC9F39CC9EAB06A86DF7F34F_terseLabel_en-US" xlink:label="lab_us-gaap_RestructuringCostAndReserveLineItems_B65F9925FC9F39CC9EAB06A86DF7F34F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restructuring Cost and Reserve [Line Items]</link:label>
    <link:label id="lab_us-gaap_RestructuringCostAndReserveLineItems_B65F9925FC9F39CC9EAB06A86DF7F34F_label_en-US" xlink:label="lab_us-gaap_RestructuringCostAndReserveLineItems_B65F9925FC9F39CC9EAB06A86DF7F34F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restructuring Cost and Reserve [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RestructuringCostAndReserveLineItems" xlink:label="loc_us-gaap_RestructuringCostAndReserveLineItems_B65F9925FC9F39CC9EAB06A86DF7F34F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestructuringCostAndReserveLineItems_B65F9925FC9F39CC9EAB06A86DF7F34F" xlink:to="lab_us-gaap_RestructuringCostAndReserveLineItems_B65F9925FC9F39CC9EAB06A86DF7F34F" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestructuringCharges_FB7A1DC6C1DFB60EDB6506A86DF8F07F_terseLabel_en-US" xlink:label="lab_us-gaap_RestructuringCharges_FB7A1DC6C1DFB60EDB6506A86DF8F07F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restructuring charges</link:label>
    <link:label id="lab_us-gaap_RestructuringCharges_FB7A1DC6C1DFB60EDB6506A86DF8F07F_label_en-US" xlink:label="lab_us-gaap_RestructuringCharges_FB7A1DC6C1DFB60EDB6506A86DF8F07F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restructuring Charges</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RestructuringCharges" xlink:label="loc_us-gaap_RestructuringCharges_FB7A1DC6C1DFB60EDB6506A86DF8F07F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestructuringCharges_FB7A1DC6C1DFB60EDB6506A86DF8F07F" xlink:to="lab_us-gaap_RestructuringCharges_FB7A1DC6C1DFB60EDB6506A86DF8F07F" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestructuringAndRelatedCostNumberOfPositionsEliminated_48B59BBA80B3A02A3E8F06A86DF81CC1_terseLabel_en-US" xlink:label="lab_us-gaap_RestructuringAndRelatedCostNumberOfPositionsEliminated_48B59BBA80B3A02A3E8F06A86DF81CC1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of positions eliminated</link:label>
    <link:label id="lab_us-gaap_RestructuringAndRelatedCostNumberOfPositionsEliminated_48B59BBA80B3A02A3E8F06A86DF81CC1_label_en-US" xlink:label="lab_us-gaap_RestructuringAndRelatedCostNumberOfPositionsEliminated_48B59BBA80B3A02A3E8F06A86DF81CC1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restructuring and Related Cost, Number of Positions Eliminated</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RestructuringAndRelatedCostNumberOfPositionsEliminated" xlink:label="loc_us-gaap_RestructuringAndRelatedCostNumberOfPositionsEliminated_48B59BBA80B3A02A3E8F06A86DF81CC1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestructuringAndRelatedCostNumberOfPositionsEliminated_48B59BBA80B3A02A3E8F06A86DF81CC1" xlink:to="lab_us-gaap_RestructuringAndRelatedCostNumberOfPositionsEliminated_48B59BBA80B3A02A3E8F06A86DF81CC1" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestructuringReserve_A1046B100FC53A7F221406A86DF80DD8_terseLabel_en-US" xlink:label="lab_us-gaap_RestructuringReserve_A1046B100FC53A7F221406A86DF80DD8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restructuring reserve</link:label>
    <link:label id="lab_us-gaap_RestructuringReserve_A1046B100FC53A7F221406A86DF80DD8_label_en-US" xlink:label="lab_us-gaap_RestructuringReserve_A1046B100FC53A7F221406A86DF80DD8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restructuring Reserve</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RestructuringReserve" xlink:label="loc_us-gaap_RestructuringReserve_A1046B100FC53A7F221406A86DF80DD8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestructuringReserve_A1046B100FC53A7F221406A86DF80DD8" xlink:to="lab_us-gaap_RestructuringReserve_A1046B100FC53A7F221406A86DF80DD8" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLossCarryforwardsTable_D3A8969AFDF59B404D81DC8DD573E7EF_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLossCarryforwardsTable_D3A8969AFDF59B404D81DC8DD573E7EF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating Loss Carryforwards [Table]</link:label>
    <link:label id="lab_us-gaap_OperatingLossCarryforwardsTable_D3A8969AFDF59B404D81DC8DD573E7EF_label_en-US" xlink:label="lab_us-gaap_OperatingLossCarryforwardsTable_D3A8969AFDF59B404D81DC8DD573E7EF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Loss Carryforwards [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLossCarryforwardsTable" xlink:label="loc_us-gaap_OperatingLossCarryforwardsTable_D3A8969AFDF59B404D81DC8DD573E7EF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLossCarryforwardsTable_D3A8969AFDF59B404D81DC8DD573E7EF" xlink:to="lab_us-gaap_OperatingLossCarryforwardsTable_D3A8969AFDF59B404D81DC8DD573E7EF" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxAuthorityAxis_844922608F54E1828A61DC8DD573AE54_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxAuthorityAxis_844922608F54E1828A61DC8DD573AE54" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Tax Authority [Axis]</link:label>
    <link:label id="lab_us-gaap_IncomeTaxAuthorityAxis_844922608F54E1828A61DC8DD573AE54_label_en-US" xlink:label="lab_us-gaap_IncomeTaxAuthorityAxis_844922608F54E1828A61DC8DD573AE54" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Authority [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncomeTaxAuthorityAxis" xlink:label="loc_us-gaap_IncomeTaxAuthorityAxis_844922608F54E1828A61DC8DD573AE54" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxAuthorityAxis_844922608F54E1828A61DC8DD573AE54" xlink:to="lab_us-gaap_IncomeTaxAuthorityAxis_844922608F54E1828A61DC8DD573AE54" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxAuthorityDomain_1B209858B3DB47E18BC6DC8DD574FE55_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxAuthorityDomain_1B209858B3DB47E18BC6DC8DD574FE55" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Tax Authority [Domain]</link:label>
    <link:label id="lab_us-gaap_IncomeTaxAuthorityDomain_1B209858B3DB47E18BC6DC8DD574FE55_label_en-US" xlink:label="lab_us-gaap_IncomeTaxAuthorityDomain_1B209858B3DB47E18BC6DC8DD574FE55" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Authority [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncomeTaxAuthorityDomain" xlink:label="loc_us-gaap_IncomeTaxAuthorityDomain_1B209858B3DB47E18BC6DC8DD574FE55" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxAuthorityDomain_1B209858B3DB47E18BC6DC8DD574FE55" xlink:to="lab_us-gaap_IncomeTaxAuthorityDomain_1B209858B3DB47E18BC6DC8DD574FE55" xlink:type="arc" />
    <link:label id="lab_us-gaap_ForeignCountryMember_3203AED89C380D152202DC8DD5747E3D_terseLabel_en-US" xlink:label="lab_us-gaap_ForeignCountryMember_3203AED89C380D152202DC8DD5747E3D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign Tax Authority</link:label>
    <link:label id="lab_us-gaap_ForeignCountryMember_3203AED89C380D152202DC8DD5747E3D_label_en-US" xlink:label="lab_us-gaap_ForeignCountryMember_3203AED89C380D152202DC8DD5747E3D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Foreign Tax Authority [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ForeignCountryMember" xlink:label="loc_us-gaap_ForeignCountryMember_3203AED89C380D152202DC8DD5747E3D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ForeignCountryMember_3203AED89C380D152202DC8DD5747E3D" xlink:to="lab_us-gaap_ForeignCountryMember_3203AED89C380D152202DC8DD5747E3D" xlink:type="arc" />
    <link:label id="lab_us-gaap_StateAndLocalJurisdictionMember_67C2F626E8C97455DE06DC8DD574EAC0_terseLabel_en-US" xlink:label="lab_us-gaap_StateAndLocalJurisdictionMember_67C2F626E8C97455DE06DC8DD574EAC0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">State and local jurisdiction</link:label>
    <link:label id="lab_us-gaap_StateAndLocalJurisdictionMember_67C2F626E8C97455DE06DC8DD574EAC0_label_en-US" xlink:label="lab_us-gaap_StateAndLocalJurisdictionMember_67C2F626E8C97455DE06DC8DD574EAC0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">State and Local Jurisdiction [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StateAndLocalJurisdictionMember" xlink:label="loc_us-gaap_StateAndLocalJurisdictionMember_67C2F626E8C97455DE06DC8DD574EAC0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StateAndLocalJurisdictionMember_67C2F626E8C97455DE06DC8DD574EAC0" xlink:to="lab_us-gaap_StateAndLocalJurisdictionMember_67C2F626E8C97455DE06DC8DD574EAC0" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLossCarryforwardsLineItems_5D952D64BFE4A6FEC271DC8DD575DF39_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLossCarryforwardsLineItems_5D952D64BFE4A6FEC271DC8DD575DF39" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating Loss Carryforwards [Line Items]</link:label>
    <link:label id="lab_us-gaap_OperatingLossCarryforwardsLineItems_5D952D64BFE4A6FEC271DC8DD575DF39_label_en-US" xlink:label="lab_us-gaap_OperatingLossCarryforwardsLineItems_5D952D64BFE4A6FEC271DC8DD575DF39" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Loss Carryforwards [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLossCarryforwardsLineItems" xlink:label="loc_us-gaap_OperatingLossCarryforwardsLineItems_5D952D64BFE4A6FEC271DC8DD575DF39" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLossCarryforwardsLineItems_5D952D64BFE4A6FEC271DC8DD575DF39" xlink:to="lab_us-gaap_OperatingLossCarryforwardsLineItems_5D952D64BFE4A6FEC271DC8DD575DF39" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration_7CFFEC3D8448909A1009DC8DD57570D0_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration_7CFFEC3D8448909A1009DC8DD57570D0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net operating loss carryforwards, subject to expiration</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration_7CFFEC3D8448909A1009DC8DD57570D0_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration_7CFFEC3D8448909A1009DC8DD57570D0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Operating Loss Carryforwards, Subject to Expiration</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration" xlink:label="loc_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration_7CFFEC3D8448909A1009DC8DD57570D0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration_7CFFEC3D8448909A1009DC8DD57570D0" xlink:to="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration_7CFFEC3D8448909A1009DC8DD57570D0" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsNotSubjectToExpiration_D10E834F78A9FEEE8844DC8DD5755A5E_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsNotSubjectToExpiration_D10E834F78A9FEEE8844DC8DD5755A5E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net operating loss carryforwards, not subject to expiration</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsNotSubjectToExpiration_D10E834F78A9FEEE8844DC8DD5755A5E_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsNotSubjectToExpiration_D10E834F78A9FEEE8844DC8DD5755A5E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Operating Loss Carryforwards, Not Subject to Expiration</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsNotSubjectToExpiration" xlink:label="loc_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsNotSubjectToExpiration_D10E834F78A9FEEE8844DC8DD5755A5E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsNotSubjectToExpiration_D10E834F78A9FEEE8844DC8DD5755A5E" xlink:to="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsNotSubjectToExpiration_D10E834F78A9FEEE8844DC8DD5755A5E" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareAbstract_AC88B47A3CAB44E839DDCF770A6986F8_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareAbstract_AC88B47A3CAB44E839DDCF770A6986F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="loc_us-gaap_EarningsPerShareAbstract_AC88B47A3CAB44E839DDCF770A6986F8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareAbstract_AC88B47A3CAB44E839DDCF770A6986F8" xlink:to="lab_us-gaap_EarningsPerShareAbstract_AC88B47A3CAB44E839DDCF770A6986F8" xlink:type="arc" />
    <link:label id="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_A2E941D5B9DED90CE555CF770A6AC805_terseLabel_en-US" xlink:label="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_A2E941D5B9DED90CE555CF770A6AC805" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Antidilutive securities</link:label>
    <link:label id="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_A2E941D5B9DED90CE555CF770A6AC805_label_en-US" xlink:label="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_A2E941D5B9DED90CE555CF770A6AC805" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount" xlink:label="loc_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_A2E941D5B9DED90CE555CF770A6AC805" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_A2E941D5B9DED90CE555CF770A6AC805" xlink:to="lab_us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount_A2E941D5B9DED90CE555CF770A6AC805" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueDisclosuresAbstract_EFE850F27B886E871D38B81163DF89BA_label_en-US" xlink:label="lab_us-gaap_FairValueDisclosuresAbstract_960970D8CFE9503B8D40E2E1B8F94022" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Disclosures [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:label="loc_us-gaap_FairValueDisclosuresAbstract_960970D8CFE9503B8D40E2E1B8F94022" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueDisclosuresAbstract_960970D8CFE9503B8D40E2E1B8F94022" xlink:to="lab_us-gaap_FairValueDisclosuresAbstract_960970D8CFE9503B8D40E2E1B8F94022" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock_9F2E2D69D2592CE5A522B81163E1CC1F_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock_1193B272F5605AA28C7DF28F12207905" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Financial Assets Measured at Fair Value on Recurring Basis</link:label>
    <link:label id="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock_9F2E2D69D2592CE5A522B81163E1CC1F_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock_1193B272F5605AA28C7DF28F12207905" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Assets Measured on Recurring Basis [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock" xlink:label="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock_1193B272F5605AA28C7DF28F12207905" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock_1193B272F5605AA28C7DF28F12207905" xlink:to="lab_us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock_1193B272F5605AA28C7DF28F12207905" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongtermDebtTypeAxis_B6DDBA4542965B7500C18B1A02764833_terseLabel_en-US" xlink:label="lab_us-gaap_LongtermDebtTypeAxis_7D49CAE2C98258D698FF44E6811FD02F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term Debt, Type [Axis]</link:label>
    <link:label id="lab_us-gaap_LongtermDebtTypeAxis_B6DDBA4542965B7500C18B1A02764833_label_en-US" xlink:label="lab_us-gaap_LongtermDebtTypeAxis_7D49CAE2C98258D698FF44E6811FD02F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LongtermDebtTypeAxis" xlink:label="loc_us-gaap_LongtermDebtTypeAxis_7D49CAE2C98258D698FF44E6811FD02F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongtermDebtTypeAxis_7D49CAE2C98258D698FF44E6811FD02F" xlink:to="lab_us-gaap_LongtermDebtTypeAxis_7D49CAE2C98258D698FF44E6811FD02F" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongtermDebtTypeDomain_CF0355A718C8842313E78B1A0277F720_terseLabel_en-US" xlink:label="lab_us-gaap_LongtermDebtTypeDomain_DA2C9B63746454468A808F0FB022F8B2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term Debt, Type [Domain]</link:label>
    <link:label id="lab_us-gaap_LongtermDebtTypeDomain_CF0355A718C8842313E78B1A0277F720_label_en-US" xlink:label="lab_us-gaap_LongtermDebtTypeDomain_DA2C9B63746454468A808F0FB022F8B2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Type [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LongtermDebtTypeDomain" xlink:label="loc_us-gaap_LongtermDebtTypeDomain_DA2C9B63746454468A808F0FB022F8B2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongtermDebtTypeDomain_DA2C9B63746454468A808F0FB022F8B2" xlink:to="lab_us-gaap_LongtermDebtTypeDomain_DA2C9B63746454468A808F0FB022F8B2" xlink:type="arc" />
    <link:label id="lab_us-gaap_SeniorNotesMember_385C71F34450E5B67CE58B1A027701F0_terseLabel_en-US" xlink:label="lab_us-gaap_SeniorNotesMember_DD54E2DBCB98514097537AB9D7059AF9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior Notes</link:label>
    <link:label id="lab_us-gaap_SeniorNotesMember_385C71F34450E5B67CE58B1A027701F0_label_en-US" xlink:label="lab_us-gaap_SeniorNotesMember_DD54E2DBCB98514097537AB9D7059AF9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Notes [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SeniorNotesMember" xlink:label="loc_us-gaap_SeniorNotesMember_DD54E2DBCB98514097537AB9D7059AF9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SeniorNotesMember_DD54E2DBCB98514097537AB9D7059AF9" xlink:to="lab_us-gaap_SeniorNotesMember_DD54E2DBCB98514097537AB9D7059AF9" xlink:type="arc" />
    <link:label id="lab_ndaq_ThreePointEightFiveSeniorSecuredNotesDueJune302026Member_4B691FC5FDD28EECB7FC8B1A02785F24_terseLabel_en-US" xlink:label="lab_ndaq_ThreePointEightFiveSeniorSecuredNotesDueJune302026Member_CD78F9D71F84582BA6A42DA418CB7D5C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">3.85% senior unsecured notes due June 30, 2026</link:label>
    <link:label id="lab_ndaq_ThreePointEightFiveSeniorSecuredNotesDueJune302026Member_4B691FC5FDD28EECB7FC8B1A02785F24_label_en-US" xlink:label="lab_ndaq_ThreePointEightFiveSeniorSecuredNotesDueJune302026Member_CD78F9D71F84582BA6A42DA418CB7D5C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Three Point Eight Five Senior Secured Notes Due June302026 [Member]</link:label>
    <link:label id="lab_ndaq_ThreePointEightFiveSeniorSecuredNotesDueJune302026Member_4B691FC5FDD28EECB7FC8B1A02785F24_documentation_en-US" xlink:label="lab_ndaq_ThreePointEightFiveSeniorSecuredNotesDueJune302026Member_CD78F9D71F84582BA6A42DA418CB7D5C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Three Point Eight Five Senior Secured Notes Due June302026 [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ThreePointEightFiveSeniorSecuredNotesDueJune302026Member" xlink:label="loc_ndaq_ThreePointEightFiveSeniorSecuredNotesDueJune302026Member_CD78F9D71F84582BA6A42DA418CB7D5C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ThreePointEightFiveSeniorSecuredNotesDueJune302026Member_CD78F9D71F84582BA6A42DA418CB7D5C" xlink:to="lab_ndaq_ThreePointEightFiveSeniorSecuredNotesDueJune302026Member_CD78F9D71F84582BA6A42DA418CB7D5C" xlink:type="arc" />
    <link:label id="lab_srt_RangeAxis_2DE13E2CD9C66359BCA18B1A0276DCFF_terseLabel_en-US" xlink:label="lab_srt_RangeAxis_56B3E8664C395E439D13B8B8CE5BB93F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Range [Axis]</link:label>
    <link:label id="lab_srt_RangeAxis_2DE13E2CD9C66359BCA18B1A0276DCFF_label_en-US" xlink:label="lab_srt_RangeAxis_56B3E8664C395E439D13B8B8CE5BB93F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Range [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_RangeAxis" xlink:label="loc_srt_RangeAxis_56B3E8664C395E439D13B8B8CE5BB93F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_RangeAxis_56B3E8664C395E439D13B8B8CE5BB93F" xlink:to="lab_srt_RangeAxis_56B3E8664C395E439D13B8B8CE5BB93F" xlink:type="arc" />
    <link:label id="lab_srt_RangeMember_9773DBC508E3633B1ACF8B1A02766946_terseLabel_en-US" xlink:label="lab_srt_RangeMember_08395635831757268E46DF8C8DF56D19" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Range [Domain]</link:label>
    <link:label id="lab_srt_RangeMember_9773DBC508E3633B1ACF8B1A02766946_label_en-US" xlink:label="lab_srt_RangeMember_08395635831757268E46DF8C8DF56D19" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Range [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_RangeMember" xlink:label="loc_srt_RangeMember_08395635831757268E46DF8C8DF56D19" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_RangeMember_08395635831757268E46DF8C8DF56D19" xlink:to="lab_srt_RangeMember_08395635831757268E46DF8C8DF56D19" xlink:type="arc" />
    <link:label id="lab_srt_MaximumMember_739EA3BC2FC218F3E0758B1A02764FBB_terseLabel_en-US" xlink:label="lab_srt_MaximumMember_B4AA5457DD0155969C2E247A033B2A5B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum</link:label>
    <link:label id="lab_srt_MaximumMember_739EA3BC2FC218F3E0758B1A02764FBB_label_en-US" xlink:label="lab_srt_MaximumMember_B4AA5457DD0155969C2E247A033B2A5B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maximum [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_MaximumMember" xlink:label="loc_srt_MaximumMember_B4AA5457DD0155969C2E247A033B2A5B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_MaximumMember_B4AA5457DD0155969C2E247A033B2A5B" xlink:to="lab_srt_MaximumMember_B4AA5457DD0155969C2E247A033B2A5B" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_FE9680A022248A14480A8B1A0278DAB9_verboseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_C5CBCB16F8745AB9AC99FB980B7ADC49" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Stated rate</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_FE9680A022248A14480A8B1A0278DAB9_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_C5CBCB16F8745AB9AC99FB980B7ADC49" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Interest Rate, Stated Percentage</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="loc_us-gaap_DebtInstrumentInterestRateStatedPercentage_C5CBCB16F8745AB9AC99FB980B7ADC49" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentInterestRateStatedPercentage_C5CBCB16F8745AB9AC99FB980B7ADC49" xlink:to="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_C5CBCB16F8745AB9AC99FB980B7ADC49" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentInterestRateEffectivePercentage_3E84E884829B40EA8D808B1A02782F0B_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateEffectivePercentage_F8E30E24BD8558FE8CB8AD3D1E64E4F9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum interest rate on debt instrument</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentInterestRateEffectivePercentage_3E84E884829B40EA8D808B1A02782F0B_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateEffectivePercentage_F8E30E24BD8558FE8CB8AD3D1E64E4F9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Interest Rate, Effective Percentage</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DebtInstrumentInterestRateEffectivePercentage" xlink:label="loc_us-gaap_DebtInstrumentInterestRateEffectivePercentage_F8E30E24BD8558FE8CB8AD3D1E64E4F9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentInterestRateEffectivePercentage_F8E30E24BD8558FE8CB8AD3D1E64E4F9" xlink:to="lab_us-gaap_DebtInstrumentInterestRateEffectivePercentage_F8E30E24BD8558FE8CB8AD3D1E64E4F9" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentAbstract_F81DAECB3969CF92819A9FC25019D6C7_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentAbstract_F81DAECB3969CF92819A9FC25019D6C7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PropertyPlantAndEquipmentAbstract" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentAbstract_F81DAECB3969CF92819A9FC25019D6C7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentAbstract_F81DAECB3969CF92819A9FC25019D6C7" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentAbstract_F81DAECB3969CF92819A9FC25019D6C7" xlink:type="arc" />
    <link:label id="lab_us-gaap_DepreciationDepletionAndAmortization_100EB0F1F296A3EC1F099FC2501951BF_terseLabel_en-US" xlink:label="lab_us-gaap_DepreciationDepletionAndAmortization_100EB0F1F296A3EC1F099FC2501951BF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Depreciation and amortization expense</link:label>
    <link:label id="lab_us-gaap_DepreciationDepletionAndAmortization_100EB0F1F296A3EC1F099FC2501951BF_label_en-US" xlink:label="lab_us-gaap_DepreciationDepletionAndAmortization_100EB0F1F296A3EC1F099FC2501951BF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation, Depletion and Amortization</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DepreciationDepletionAndAmortization" xlink:label="loc_us-gaap_DepreciationDepletionAndAmortization_100EB0F1F296A3EC1F099FC2501951BF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DepreciationDepletionAndAmortization_100EB0F1F296A3EC1F099FC2501951BF" xlink:to="lab_us-gaap_DepreciationDepletionAndAmortization_100EB0F1F296A3EC1F099FC2501951BF" xlink:type="arc" />
    <link:label id="lab_us-gaap_TangibleAssetImpairmentCharges_30C35266E7C37F108A879FC2501A28A4_terseLabel_en-US" xlink:label="lab_us-gaap_TangibleAssetImpairmentCharges_30C35266E7C37F108A879FC2501A28A4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Asset impairment charges</link:label>
    <link:label id="lab_us-gaap_TangibleAssetImpairmentCharges_30C35266E7C37F108A879FC2501A28A4_label_en-US" xlink:label="lab_us-gaap_TangibleAssetImpairmentCharges_30C35266E7C37F108A879FC2501A28A4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tangible Asset Impairment Charges</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_TangibleAssetImpairmentCharges" xlink:label="loc_us-gaap_TangibleAssetImpairmentCharges_30C35266E7C37F108A879FC2501A28A4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TangibleAssetImpairmentCharges_30C35266E7C37F108A879FC2501A28A4" xlink:to="lab_us-gaap_TangibleAssetImpairmentCharges_30C35266E7C37F108A879FC2501A28A4" xlink:type="arc" />
    <link:label id="lab_us-gaap_DueToAndFromBrokerDealersAndClearingOrganizationsAbstract_DF331F09E095E742889C7CE75F7DAFBF_label_en-US" xlink:label="lab_us-gaap_DueToAndFromBrokerDealersAndClearingOrganizationsAbstract_80D99A5E4DC3517093FEAF1BEF4331DB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Due to and from Broker-Dealers and Clearing Organizations [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DueToAndFromBrokerDealersAndClearingOrganizationsAbstract" xlink:label="loc_us-gaap_DueToAndFromBrokerDealersAndClearingOrganizationsAbstract_80D99A5E4DC3517093FEAF1BEF4331DB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DueToAndFromBrokerDealersAndClearingOrganizationsAbstract_80D99A5E4DC3517093FEAF1BEF4331DB" xlink:to="lab_us-gaap_DueToAndFromBrokerDealersAndClearingOrganizationsAbstract_80D99A5E4DC3517093FEAF1BEF4331DB" xlink:type="arc" />
    <link:label id="lab_ndaq_ClearingOperationsTable_AA9231EC071EE52BC5FC7CE75F7D0615_terseLabel_en-US" xlink:label="lab_ndaq_ClearingOperationsTable_BFB7557E13E55B9EA56183AB156082DC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Clearing Operations [Table]</link:label>
    <link:label id="lab_ndaq_ClearingOperationsTable_AA9231EC071EE52BC5FC7CE75F7D0615_label_en-US" xlink:label="lab_ndaq_ClearingOperationsTable_BFB7557E13E55B9EA56183AB156082DC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Clearing Operations [Table]</link:label>
    <link:label id="lab_ndaq_ClearingOperationsTable_AA9231EC071EE52BC5FC7CE75F7D0615_documentation_en-US" xlink:label="lab_ndaq_ClearingOperationsTable_BFB7557E13E55B9EA56183AB156082DC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Clearing Operations [Table]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ClearingOperationsTable" xlink:label="loc_ndaq_ClearingOperationsTable_BFB7557E13E55B9EA56183AB156082DC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ClearingOperationsTable_BFB7557E13E55B9EA56183AB156082DC" xlink:to="lab_ndaq_ClearingOperationsTable_BFB7557E13E55B9EA56183AB156082DC" xlink:type="arc" />
    <link:label id="lab_us-gaap_FinancialInstrumentAxis_E9E60745EDFCA0388DF97CE75F7D8EE5_terseLabel_en-US" xlink:label="lab_us-gaap_FinancialInstrumentAxis_93909E13CEB4579D932F49452BB095FE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial Instrument [Axis]</link:label>
    <link:label id="lab_us-gaap_FinancialInstrumentAxis_E9E60745EDFCA0388DF97CE75F7D8EE5_label_en-US" xlink:label="lab_us-gaap_FinancialInstrumentAxis_93909E13CEB4579D932F49452BB095FE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Instrument [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FinancialInstrumentAxis" xlink:label="loc_us-gaap_FinancialInstrumentAxis_93909E13CEB4579D932F49452BB095FE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancialInstrumentAxis_93909E13CEB4579D932F49452BB095FE" xlink:to="lab_us-gaap_FinancialInstrumentAxis_93909E13CEB4579D932F49452BB095FE" xlink:type="arc" />
    <link:label id="lab_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_2C5E5C58C67838972EEF7CE75F7D0B53_terseLabel_en-US" xlink:label="lab_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_97587816BDD4555CB4A9422913AA74D1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial Instruments [Domain]</link:label>
    <link:label id="lab_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_2C5E5C58C67838972EEF7CE75F7D0B53_label_en-US" xlink:label="lab_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_97587816BDD4555CB4A9422913AA74D1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Instruments [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:label="loc_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_97587816BDD4555CB4A9422913AA74D1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_97587816BDD4555CB4A9422913AA74D1" xlink:to="lab_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_97587816BDD4555CB4A9422913AA74D1" xlink:type="arc" />
    <link:label id="lab_ndaq_NordicClearingMembersCashContributionsMember_C7C3C42DC97271B2B4457CE75F7D96B8_terseLabel_en-US" xlink:label="lab_ndaq_NordicClearingMembersCashContributionsMember_0C0C012F4CE252BEBDAD4A06D5231BC7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash Contributions</link:label>
    <link:label id="lab_ndaq_NordicClearingMembersCashContributionsMember_C7C3C42DC97271B2B4457CE75F7D96B8_label_en-US" xlink:label="lab_ndaq_NordicClearingMembersCashContributionsMember_0C0C012F4CE252BEBDAD4A06D5231BC7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Nordic Clearing Members Cash Contributions [Member]</link:label>
    <link:label id="lab_ndaq_NordicClearingMembersCashContributionsMember_C7C3C42DC97271B2B4457CE75F7D96B8_documentation_en-US" xlink:label="lab_ndaq_NordicClearingMembersCashContributionsMember_0C0C012F4CE252BEBDAD4A06D5231BC7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Nordic Clearing Members Cash Contributions [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_NordicClearingMembersCashContributionsMember" xlink:label="loc_ndaq_NordicClearingMembersCashContributionsMember_0C0C012F4CE252BEBDAD4A06D5231BC7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_NordicClearingMembersCashContributionsMember_0C0C012F4CE252BEBDAD4A06D5231BC7" xlink:to="lab_ndaq_NordicClearingMembersCashContributionsMember_0C0C012F4CE252BEBDAD4A06D5231BC7" xlink:type="arc" />
    <link:label id="lab_ndaq_NordicClearingMembersNonCashContributionsMember_F4336FC7A1ECCAF566F27CE75F7DAAE1_terseLabel_en-US" xlink:label="lab_ndaq_NordicClearingMembersNonCashContributionsMember_A1350260B82D53CAA11F62CFAE28BD58" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-Cash Contributions</link:label>
    <link:label id="lab_ndaq_NordicClearingMembersNonCashContributionsMember_F4336FC7A1ECCAF566F27CE75F7DAAE1_label_en-US" xlink:label="lab_ndaq_NordicClearingMembersNonCashContributionsMember_A1350260B82D53CAA11F62CFAE28BD58" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Nordic Clearing Members Non Cash Contributions [Member]</link:label>
    <link:label id="lab_ndaq_NordicClearingMembersNonCashContributionsMember_F4336FC7A1ECCAF566F27CE75F7DAAE1_documentation_en-US" xlink:label="lab_ndaq_NordicClearingMembersNonCashContributionsMember_A1350260B82D53CAA11F62CFAE28BD58" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Nordic Clearing Members Non Cash Contributions [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_NordicClearingMembersNonCashContributionsMember" xlink:label="loc_ndaq_NordicClearingMembersNonCashContributionsMember_A1350260B82D53CAA11F62CFAE28BD58" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_NordicClearingMembersNonCashContributionsMember_A1350260B82D53CAA11F62CFAE28BD58" xlink:to="lab_ndaq_NordicClearingMembersNonCashContributionsMember_A1350260B82D53CAA11F62CFAE28BD58" xlink:type="arc" />
    <link:label id="lab_ndaq_ClearingOperationsLineItems_1F46FC4B500F23192FA17CE75F7D56EF_terseLabel_en-US" xlink:label="lab_ndaq_ClearingOperationsLineItems_687E761DF7155F6BAD41F7B37B99DA41" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Clearing Operations [Line Items]</link:label>
    <link:label id="lab_ndaq_ClearingOperationsLineItems_1F46FC4B500F23192FA17CE75F7D56EF_label_en-US" xlink:label="lab_ndaq_ClearingOperationsLineItems_687E761DF7155F6BAD41F7B37B99DA41" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Clearing Operations [Line Items]</link:label>
    <link:label id="lab_ndaq_ClearingOperationsLineItems_1F46FC4B500F23192FA17CE75F7D56EF_documentation_en-US" xlink:label="lab_ndaq_ClearingOperationsLineItems_687E761DF7155F6BAD41F7B37B99DA41" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Clearing Operations [Line Items]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ClearingOperationsLineItems" xlink:label="loc_ndaq_ClearingOperationsLineItems_687E761DF7155F6BAD41F7B37B99DA41" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ClearingOperationsLineItems_687E761DF7155F6BAD41F7B37B99DA41" xlink:to="lab_ndaq_ClearingOperationsLineItems_687E761DF7155F6BAD41F7B37B99DA41" xlink:type="arc" />
    <link:label id="lab_ndaq_DefaultFundContributions_588AEE34EDA52504384A7CE75F7D82B6_terseLabel_en-US" xlink:label="lab_ndaq_DefaultFundContributions_1E770C21881A503E95F7DD9392A80433" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Default fund contributions</link:label>
    <link:label id="lab_ndaq_DefaultFundContributions_588AEE34EDA52504384A7CE75F7D82B6_label_en-US" xlink:label="lab_ndaq_DefaultFundContributions_1E770C21881A503E95F7DD9392A80433" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Default Fund Contributions</link:label>
    <link:label id="lab_ndaq_DefaultFundContributions_588AEE34EDA52504384A7CE75F7D82B6_documentation_en-US" xlink:label="lab_ndaq_DefaultFundContributions_1E770C21881A503E95F7DD9392A80433" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Default fund Contributions.</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_DefaultFundContributions" xlink:label="loc_ndaq_DefaultFundContributions_1E770C21881A503E95F7DD9392A80433" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_DefaultFundContributions_1E770C21881A503E95F7DD9392A80433" xlink:to="lab_ndaq_DefaultFundContributions_1E770C21881A503E95F7DD9392A80433" xlink:type="arc" />
    <link:label id="lab_ndaq_MarginDeposits_0E4D586B8D278D5A12C77CE75F7DD1AC_terseLabel_en-US" xlink:label="lab_ndaq_MarginDeposits_0AB8E05B076B5D8CA173E42C1E449A2F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Margin deposits</link:label>
    <link:label id="lab_ndaq_MarginDeposits_0E4D586B8D278D5A12C77CE75F7DD1AC_label_en-US" xlink:label="lab_ndaq_MarginDeposits_0AB8E05B076B5D8CA173E42C1E449A2F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Margin deposits</link:label>
    <link:label id="lab_ndaq_MarginDeposits_0E4D586B8D278D5A12C77CE75F7DD1AC_documentation_en-US" xlink:label="lab_ndaq_MarginDeposits_0AB8E05B076B5D8CA173E42C1E449A2F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Margin deposits</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_MarginDeposits" xlink:label="loc_ndaq_MarginDeposits_0AB8E05B076B5D8CA173E42C1E449A2F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_MarginDeposits_0AB8E05B076B5D8CA173E42C1E449A2F" xlink:to="lab_ndaq_MarginDeposits_0AB8E05B076B5D8CA173E42C1E449A2F" xlink:type="arc" />
    <link:label id="lab_ndaq_DefaultFundContributionsAndMarginDeposits_2B272831DFD85AF1EA2D7CE75F7D862D_totalLabel_en-US" xlink:label="lab_ndaq_DefaultFundContributionsAndMarginDeposits_50E9E97B75505BB8B819150B6ECFD0AF" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_ndaq_DefaultFundContributionsAndMarginDeposits_2B272831DFD85AF1EA2D7CE75F7D862D_label_en-US" xlink:label="lab_ndaq_DefaultFundContributionsAndMarginDeposits_50E9E97B75505BB8B819150B6ECFD0AF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Default fund contributions and margin deposits</link:label>
    <link:label id="lab_ndaq_DefaultFundContributionsAndMarginDeposits_2B272831DFD85AF1EA2D7CE75F7D862D_documentation_en-US" xlink:label="lab_ndaq_DefaultFundContributionsAndMarginDeposits_50E9E97B75505BB8B819150B6ECFD0AF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Default fund contributions and margin deposits</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_DefaultFundContributionsAndMarginDeposits" xlink:label="loc_ndaq_DefaultFundContributionsAndMarginDeposits_50E9E97B75505BB8B819150B6ECFD0AF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_DefaultFundContributionsAndMarginDeposits_50E9E97B75505BB8B819150B6ECFD0AF" xlink:to="lab_ndaq_DefaultFundContributionsAndMarginDeposits_50E9E97B75505BB8B819150B6ECFD0AF" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementOfCashFlowsAbstract_CDE7132A90AA40D007F70226AC2A0BF3_label_en-US" xlink:label="lab_us-gaap_StatementOfCashFlowsAbstract_CDE7132A90AA40D007F70226AC2A0BF3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Cash Flows [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="loc_us-gaap_StatementOfCashFlowsAbstract_CDE7132A90AA40D007F70226AC2A0BF3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOfCashFlowsAbstract_CDE7132A90AA40D007F70226AC2A0BF3" xlink:to="lab_us-gaap_StatementOfCashFlowsAbstract_CDE7132A90AA40D007F70226AC2A0BF3" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_EF2436FF7F7AC40821C70226AC2A340E_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_EF2436FF7F7AC40821C70226AC2A340E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from operating activities:</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_EF2436FF7F7AC40821C70226AC2A340E_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_EF2436FF7F7AC40821C70226AC2A340E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Operating Activities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_EF2436FF7F7AC40821C70226AC2A340E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_EF2436FF7F7AC40821C70226AC2A340E" xlink:to="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_EF2436FF7F7AC40821C70226AC2A340E" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetIncomeLoss_93992EF086289077FCFE0226AC2B59EF_terseLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLoss_93992EF086289077FCFE0226AC2B59EF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income</link:label>
    <link:label id="lab_us-gaap_NetIncomeLoss_93992EF086289077FCFE0226AC2B59EF_label_en-US" xlink:label="lab_us-gaap_NetIncomeLoss_93992EF086289077FCFE0226AC2B59EF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income (Loss) Attributable to Parent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaap_NetIncomeLoss_93992EF086289077FCFE0226AC2B59EF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLoss_93992EF086289077FCFE0226AC2B59EF" xlink:to="lab_us-gaap_NetIncomeLoss_93992EF086289077FCFE0226AC2B59EF" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_1DE0B4D04C7F86DA48B00226AC2B02AE_terseLabel_en-US" xlink:label="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_1DE0B4D04C7F86DA48B00226AC2B02AE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjustments to reconcile net income to net cash provided by operating activities:</link:label>
    <link:label id="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_1DE0B4D04C7F86DA48B00226AC2B02AE_label_en-US" xlink:label="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_1DE0B4D04C7F86DA48B00226AC2B02AE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_1DE0B4D04C7F86DA48B00226AC2B02AE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_1DE0B4D04C7F86DA48B00226AC2B02AE" xlink:to="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_1DE0B4D04C7F86DA48B00226AC2B02AE" xlink:type="arc" />
    <link:label id="lab_us-gaap_DepreciationAndAmortization_8D40576909993F3AA35A0226AC2BE919_terseLabel_en-US" xlink:label="lab_us-gaap_DepreciationAndAmortization_8D40576909993F3AA35A0226AC2BE919" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Depreciation and amortization</link:label>
    <link:label id="lab_us-gaap_DepreciationAndAmortization_8D40576909993F3AA35A0226AC2BE919_label_en-US" xlink:label="lab_us-gaap_DepreciationAndAmortization_8D40576909993F3AA35A0226AC2BE919" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation, Depletion and Amortization, Nonproduction</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DepreciationAndAmortization" xlink:label="loc_us-gaap_DepreciationAndAmortization_8D40576909993F3AA35A0226AC2BE919" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DepreciationAndAmortization_8D40576909993F3AA35A0226AC2BE919" xlink:to="lab_us-gaap_DepreciationAndAmortization_8D40576909993F3AA35A0226AC2BE919" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensation_72166284D800D96DE52B0226AC2CE24C_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensation_72166284D800D96DE52B0226AC2CE24C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based compensation</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensation_72166284D800D96DE52B0226AC2CE24C_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensation_72166284D800D96DE52B0226AC2CE24C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensation" xlink:label="loc_us-gaap_ShareBasedCompensation_72166284D800D96DE52B0226AC2CE24C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensation_72166284D800D96DE52B0226AC2CE24C" xlink:to="lab_us-gaap_ShareBasedCompensation_72166284D800D96DE52B0226AC2CE24C" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_D37ECA2EFB2AD5EE52CF0226AC2C1D16_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_D37ECA2EFB2AD5EE52CF0226AC2C1D16" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred income taxes</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredIncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_D37ECA2EFB2AD5EE52CF0226AC2C1D16" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredIncomeTaxExpenseBenefit_D37ECA2EFB2AD5EE52CF0226AC2C1D16" xlink:to="lab_us-gaap_DeferredIncomeTaxExpenseBenefit_D37ECA2EFB2AD5EE52CF0226AC2C1D16" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxCreditsAndAdjustments_1CDD1DC5B58D6D928D080226AC2C11DE_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxCreditsAndAdjustments_1CDD1DC5B58D6D928D080226AC2C11DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reversal of certain Swedish tax benefits</link:label>
    <link:label id="lab_us-gaap_IncomeTaxCreditsAndAdjustments_1CDD1DC5B58D6D928D080226AC2C11DE_label_en-US" xlink:label="lab_us-gaap_IncomeTaxCreditsAndAdjustments_1CDD1DC5B58D6D928D080226AC2C11DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Credits and Adjustments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncomeTaxCreditsAndAdjustments" xlink:label="loc_us-gaap_IncomeTaxCreditsAndAdjustments_1CDD1DC5B58D6D928D080226AC2C11DE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxCreditsAndAdjustments_1CDD1DC5B58D6D928D080226AC2C11DE" xlink:to="lab_us-gaap_IncomeTaxCreditsAndAdjustments_1CDD1DC5B58D6D928D080226AC2C11DE" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainLossOnSaleOfBusiness_EB35048B4E248A7163C20226AC2CB305_negatedLabel_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfBusiness_EB35048B4E248A7163C20226AC2CB305" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Net gain on divestiture of businesses</link:label>
    <link:label id="lab_us-gaap_GainLossOnSaleOfBusiness_EB35048B4E248A7163C20226AC2CB305_label_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfBusiness_EB35048B4E248A7163C20226AC2CB305" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (Loss) on Disposition of Business</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_GainLossOnSaleOfBusiness" xlink:label="loc_us-gaap_GainLossOnSaleOfBusiness_EB35048B4E248A7163C20226AC2CB305" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainLossOnSaleOfBusiness_EB35048B4E248A7163C20226AC2CB305" xlink:to="lab_us-gaap_GainLossOnSaleOfBusiness_EB35048B4E248A7163C20226AC2CB305" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainOnSaleOfInvestments_E645774C3F2E8FB29C720226AC2CF8D1_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_GainOnSaleOfInvestments_E645774C3F2E8FB29C720226AC2CF8D1" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Gain on sale of investment security</link:label>
    <link:label id="lab_us-gaap_GainOnSaleOfInvestments_E645774C3F2E8FB29C720226AC2CF8D1_label_en-US" xlink:label="lab_us-gaap_GainOnSaleOfInvestments_E645774C3F2E8FB29C720226AC2CF8D1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain on Sale of Investments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_GainOnSaleOfInvestments" xlink:label="loc_us-gaap_GainOnSaleOfInvestments_E645774C3F2E8FB29C720226AC2CF8D1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainOnSaleOfInvestments_E645774C3F2E8FB29C720226AC2CF8D1" xlink:to="lab_us-gaap_GainOnSaleOfInvestments_E645774C3F2E8FB29C720226AC2CF8D1" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetImpairmentCharges_B0E508B5995C8A9656A50226AC2D2D64_terseLabel_en-US" xlink:label="lab_us-gaap_AssetImpairmentCharges_B0E508B5995C8A9656A50226AC2D2D64" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Asset impairment charge</link:label>
    <link:label id="lab_us-gaap_AssetImpairmentCharges_B0E508B5995C8A9656A50226AC2D2D64_label_en-US" xlink:label="lab_us-gaap_AssetImpairmentCharges_B0E508B5995C8A9656A50226AC2D2D64" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asset Impairment Charges</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AssetImpairmentCharges" xlink:label="loc_us-gaap_AssetImpairmentCharges_B0E508B5995C8A9656A50226AC2D2D64" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetImpairmentCharges_B0E508B5995C8A9656A50226AC2D2D64" xlink:to="lab_us-gaap_AssetImpairmentCharges_B0E508B5995C8A9656A50226AC2D2D64" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromEquityMethodInvestments_1024ED5083A54BFDC3A30226AC2D1B54_negatedLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromEquityMethodInvestments_1024ED5083A54BFDC3A30226AC2D1B54" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Net income from unconsolidated investees</link:label>
    <link:label id="lab_us-gaap_IncomeLossFromEquityMethodInvestments_1024ED5083A54BFDC3A30226AC2D1B54_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromEquityMethodInvestments_1024ED5083A54BFDC3A30226AC2D1B54" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Equity Method Investments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaap_IncomeLossFromEquityMethodInvestments_1024ED5083A54BFDC3A30226AC2D1B54" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromEquityMethodInvestments_1024ED5083A54BFDC3A30226AC2D1B54" xlink:to="lab_us-gaap_IncomeLossFromEquityMethodInvestments_1024ED5083A54BFDC3A30226AC2D1B54" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherNoncashIncomeExpense_CBB8EB5A7B444281DE010226AC2D40FB_negatedLabel_en-US" xlink:label="lab_us-gaap_OtherNoncashIncomeExpense_CBB8EB5A7B444281DE010226AC2D40FB" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Other reconciling items included in net income</link:label>
    <link:label id="lab_us-gaap_OtherNoncashIncomeExpense_CBB8EB5A7B444281DE010226AC2D40FB_label_en-US" xlink:label="lab_us-gaap_OtherNoncashIncomeExpense_CBB8EB5A7B444281DE010226AC2D40FB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Noncash Income (Expense)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherNoncashIncomeExpense" xlink:label="loc_us-gaap_OtherNoncashIncomeExpense_CBB8EB5A7B444281DE010226AC2D40FB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherNoncashIncomeExpense_CBB8EB5A7B444281DE010226AC2D40FB" xlink:to="lab_us-gaap_OtherNoncashIncomeExpense_CBB8EB5A7B444281DE010226AC2D40FB" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_B6C2D3557A64511173B50226AC2D708D_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_B6C2D3557A64511173B50226AC2D708D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net change in operating assets and liabilities, net of effects of divestiture and acquisitions:</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_B6C2D3557A64511173B50226AC2D708D_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_B6C2D3557A64511173B50226AC2D708D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Operating Capital [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:label="loc_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_B6C2D3557A64511173B50226AC2D708D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_B6C2D3557A64511173B50226AC2D708D" xlink:to="lab_us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_B6C2D3557A64511173B50226AC2D708D" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInReceivables_AD1C996CEC26F06544FE0226AC2D06AD_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInReceivables_AD1C996CEC26F06544FE0226AC2D06AD" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Receivables, net</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInReceivables_AD1C996CEC26F06544FE0226AC2D06AD_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInReceivables_AD1C996CEC26F06544FE0226AC2D06AD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Receivables</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncreaseDecreaseInReceivables" xlink:label="loc_us-gaap_IncreaseDecreaseInReceivables_AD1C996CEC26F06544FE0226AC2D06AD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInReceivables_AD1C996CEC26F06544FE0226AC2D06AD" xlink:to="lab_us-gaap_IncreaseDecreaseInReceivables_AD1C996CEC26F06544FE0226AC2D06AD" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingAssets_99A9B97F7CE3D0BB0D540226AC2E82A5_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingAssets_99A9B97F7CE3D0BB0D540226AC2E82A5" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Other assets</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingAssets_99A9B97F7CE3D0BB0D540226AC2E82A5_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingAssets_99A9B97F7CE3D0BB0D540226AC2E82A5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Other Operating Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingAssets" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingAssets_99A9B97F7CE3D0BB0D540226AC2E82A5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInOtherOperatingAssets_99A9B97F7CE3D0BB0D540226AC2E82A5" xlink:to="lab_us-gaap_IncreaseDecreaseInOtherOperatingAssets_99A9B97F7CE3D0BB0D540226AC2E82A5" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_4B3BE7B79B44F1ED16790226AC2EA475_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_4B3BE7B79B44F1ED16790226AC2EA475" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts payable and accrued expenses</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_4B3BE7B79B44F1ED16790226AC2EA475_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_4B3BE7B79B44F1ED16790226AC2EA475" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Accounts Payable and Accrued Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_4B3BE7B79B44F1ED16790226AC2EA475" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_4B3BE7B79B44F1ED16790226AC2EA475" xlink:to="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_4B3BE7B79B44F1ED16790226AC2EA475" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherAccountsPayable_82F9C84AD75A3605F2DF0226AC2EFEB3_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherAccountsPayable_82F9C84AD75A3605F2DF0226AC2EFEB3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Section 31 fees payable to SEC</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherAccountsPayable_82F9C84AD75A3605F2DF0226AC2EFEB3_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherAccountsPayable_82F9C84AD75A3605F2DF0226AC2EFEB3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Other Accounts Payable</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncreaseDecreaseInOtherAccountsPayable" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherAccountsPayable_82F9C84AD75A3605F2DF0226AC2EFEB3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInOtherAccountsPayable_82F9C84AD75A3605F2DF0226AC2EFEB3" xlink:to="lab_us-gaap_IncreaseDecreaseInOtherAccountsPayable_82F9C84AD75A3605F2DF0226AC2EFEB3" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities_7C45E4BC368B305AAA3F0226AC2E91C9_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities_7C45E4BC368B305AAA3F0226AC2E91C9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accrued personnel costs</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities_7C45E4BC368B305AAA3F0226AC2E91C9_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities_7C45E4BC368B305AAA3F0226AC2E91C9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Employee Related Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities_7C45E4BC368B305AAA3F0226AC2E91C9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities_7C45E4BC368B305AAA3F0226AC2E91C9" xlink:to="lab_us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities_7C45E4BC368B305AAA3F0226AC2E91C9" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInContractWithCustomerLiability_CC86FA4E45DC066D504A0226AC2FFC68_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInContractWithCustomerLiability_CC86FA4E45DC066D504A0226AC2FFC68" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred revenue</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInContractWithCustomerLiability_CC86FA4E45DC066D504A0226AC2FFC68_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInContractWithCustomerLiability_CC86FA4E45DC066D504A0226AC2FFC68" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Contract with Customer, Liability</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncreaseDecreaseInContractWithCustomerLiability" xlink:label="loc_us-gaap_IncreaseDecreaseInContractWithCustomerLiability_CC86FA4E45DC066D504A0226AC2FFC68" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInContractWithCustomerLiability_CC86FA4E45DC066D504A0226AC2FFC68" xlink:to="lab_us-gaap_IncreaseDecreaseInContractWithCustomerLiability_CC86FA4E45DC066D504A0226AC2FFC68" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_EE7E223BE213BB01CB380226AC2F8F31_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_EE7E223BE213BB01CB380226AC2F8F31" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other liabilities</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_EE7E223BE213BB01CB380226AC2F8F31_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_EE7E223BE213BB01CB380226AC2F8F31" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Other Operating Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_EE7E223BE213BB01CB380226AC2F8F31" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_EE7E223BE213BB01CB380226AC2F8F31" xlink:to="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_EE7E223BE213BB01CB380226AC2F8F31" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_9AC54157C22BE35A8CA70226AC2F358F_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_9AC54157C22BE35A8CA70226AC2F358F" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash provided by operating activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_9AC54157C22BE35A8CA70226AC2F358F_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_9AC54157C22BE35A8CA70226AC2F358F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Operating Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_9AC54157C22BE35A8CA70226AC2F358F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_9AC54157C22BE35A8CA70226AC2F358F" xlink:to="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_9AC54157C22BE35A8CA70226AC2F358F" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_6E79E77364103CE8F1EF0226AC2F3FA9_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_6E79E77364103CE8F1EF0226AC2F3FA9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from investing activities:</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_6E79E77364103CE8F1EF0226AC2F3FA9_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_6E79E77364103CE8F1EF0226AC2F3FA9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Investing Activities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_6E79E77364103CE8F1EF0226AC2F3FA9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_6E79E77364103CE8F1EF0226AC2F3FA9" xlink:to="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_6E79E77364103CE8F1EF0226AC2F3FA9" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquireShortTermInvestments_2F0C61AADE97EF8BCFD70226AC2F1E68_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireShortTermInvestments_2F0C61AADE97EF8BCFD70226AC2F1E68" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Purchases of securities</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireShortTermInvestments_2F0C61AADE97EF8BCFD70226AC2F1E68_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireShortTermInvestments_2F0C61AADE97EF8BCFD70226AC2F1E68" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Short-term Investments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PaymentsToAcquireShortTermInvestments" xlink:label="loc_us-gaap_PaymentsToAcquireShortTermInvestments_2F0C61AADE97EF8BCFD70226AC2F1E68" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireShortTermInvestments_2F0C61AADE97EF8BCFD70226AC2F1E68" xlink:to="lab_us-gaap_PaymentsToAcquireShortTermInvestments_2F0C61AADE97EF8BCFD70226AC2F1E68" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments_9CAC58EDCCDA790F0F5B0226AC30203A_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments_9CAC58EDCCDA790F0F5B0226AC30203A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sales and redemptions of securities</link:label>
    <link:label id="lab_us-gaap_ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments_9CAC58EDCCDA790F0F5B0226AC30203A_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments_9CAC58EDCCDA790F0F5B0226AC30203A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Sale, Maturity and Collection of Short-term Investments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments" xlink:label="loc_us-gaap_ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments_9CAC58EDCCDA790F0F5B0226AC30203A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments_9CAC58EDCCDA790F0F5B0226AC30203A" xlink:to="lab_us-gaap_ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments_9CAC58EDCCDA790F0F5B0226AC30203A" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested_340B07A22DA69B2E4EAE0226AC304F76_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested_340B07A22DA69B2E4EAE0226AC304F76" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from divestiture of businesses, net</link:label>
    <link:label id="lab_us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested_340B07A22DA69B2E4EAE0226AC304F76_label_en-US" xlink:label="lab_us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested_340B07A22DA69B2E4EAE0226AC304F76" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Divestiture of Businesses, Net of Cash Divested</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested" xlink:label="loc_us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested_340B07A22DA69B2E4EAE0226AC304F76" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested_340B07A22DA69B2E4EAE0226AC304F76" xlink:to="lab_us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested_340B07A22DA69B2E4EAE0226AC304F76" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromSaleAndMaturityOfTradingSecuritiesHeldforinvestment_538520A6EC185AD1F4C20226AC309399_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleAndMaturityOfTradingSecuritiesHeldforinvestment_538520A6EC185AD1F4C20226AC309399" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sale of investment security</link:label>
    <link:label id="lab_us-gaap_ProceedsFromSaleAndMaturityOfTradingSecuritiesHeldforinvestment_538520A6EC185AD1F4C20226AC309399_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleAndMaturityOfTradingSecuritiesHeldforinvestment_538520A6EC185AD1F4C20226AC309399" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Sale and Maturity of Debt and Equity Securities, FV-NI, Held-for-investment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProceedsFromSaleAndMaturityOfTradingSecuritiesHeldforinvestment" xlink:label="loc_us-gaap_ProceedsFromSaleAndMaturityOfTradingSecuritiesHeldforinvestment_538520A6EC185AD1F4C20226AC309399" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromSaleAndMaturityOfTradingSecuritiesHeldforinvestment_538520A6EC185AD1F4C20226AC309399" xlink:to="lab_us-gaap_ProceedsFromSaleAndMaturityOfTradingSecuritiesHeldforinvestment_538520A6EC185AD1F4C20226AC309399" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_76A6E437F8FC63B3550B0226AC30CA09_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_76A6E437F8FC63B3550B0226AC30CA09" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Acquisition of businesses, net of cash and cash equivalents acquired and other investment activities</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_76A6E437F8FC63B3550B0226AC30CA09_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_76A6E437F8FC63B3550B0226AC30CA09" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Businesses, Net of Cash Acquired</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired" xlink:label="loc_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_76A6E437F8FC63B3550B0226AC30CA09" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_76A6E437F8FC63B3550B0226AC30CA09" xlink:to="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_76A6E437F8FC63B3550B0226AC30CA09" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_818B4C98047697B8DA2F0226AC300986_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_818B4C98047697B8DA2F0226AC300986" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Purchases of property and equipment</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_818B4C98047697B8DA2F0226AC300986_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_818B4C98047697B8DA2F0226AC300986" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Property, Plant, and Equipment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_818B4C98047697B8DA2F0226AC300986" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_818B4C98047697B8DA2F0226AC300986" xlink:to="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_818B4C98047697B8DA2F0226AC300986" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_DF58D9C4680380179B410226AC3001AC_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_DF58D9C4680380179B410226AC3001AC" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash provided by (used in) investing activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_DF58D9C4680380179B410226AC3001AC_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_DF58D9C4680380179B410226AC3001AC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Investing Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_DF58D9C4680380179B410226AC3001AC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_DF58D9C4680380179B410226AC3001AC" xlink:to="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_DF58D9C4680380179B410226AC3001AC" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_1E4A5C647FEDAD5E0F7D0226AC315A9C_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_1E4A5C647FEDAD5E0F7D0226AC315A9C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from financing activities:</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_1E4A5C647FEDAD5E0F7D0226AC315A9C_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_1E4A5C647FEDAD5E0F7D0226AC315A9C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Financing Activities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_1E4A5C647FEDAD5E0F7D0226AC315A9C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_1E4A5C647FEDAD5E0F7D0226AC315A9C" xlink:to="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_1E4A5C647FEDAD5E0F7D0226AC315A9C" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromRepaymentsOfCommercialPaper_8CB208572D1D4A2825ED0226AC315176_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromRepaymentsOfCommercialPaper_8CB208572D1D4A2825ED0226AC315176" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from (repayments of) commercial paper, net</link:label>
    <link:label id="lab_us-gaap_ProceedsFromRepaymentsOfCommercialPaper_8CB208572D1D4A2825ED0226AC315176_label_en-US" xlink:label="lab_us-gaap_ProceedsFromRepaymentsOfCommercialPaper_8CB208572D1D4A2825ED0226AC315176" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from (Repayments of) Commercial Paper</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProceedsFromRepaymentsOfCommercialPaper" xlink:label="loc_us-gaap_ProceedsFromRepaymentsOfCommercialPaper_8CB208572D1D4A2825ED0226AC315176" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromRepaymentsOfCommercialPaper_8CB208572D1D4A2825ED0226AC315176" xlink:to="lab_us-gaap_ProceedsFromRepaymentsOfCommercialPaper_8CB208572D1D4A2825ED0226AC315176" xlink:type="arc" />
    <link:label id="lab_us-gaap_RepaymentsOfLongTermDebt_572B2915C4793408A7A10226AC31ACED_negatedLabel_en-US" xlink:label="lab_us-gaap_RepaymentsOfLongTermDebt_572B2915C4793408A7A10226AC31ACED" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Repayments of long-term debt</link:label>
    <link:label id="lab_us-gaap_RepaymentsOfLongTermDebt_572B2915C4793408A7A10226AC31ACED_label_en-US" xlink:label="lab_us-gaap_RepaymentsOfLongTermDebt_572B2915C4793408A7A10226AC31ACED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Repayments of Long-term Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RepaymentsOfLongTermDebt" xlink:label="loc_us-gaap_RepaymentsOfLongTermDebt_572B2915C4793408A7A10226AC31ACED" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RepaymentsOfLongTermDebt_572B2915C4793408A7A10226AC31ACED" xlink:to="lab_us-gaap_RepaymentsOfLongTermDebt_572B2915C4793408A7A10226AC31ACED" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsOfDebtExtinguishmentCosts_36B3B5E4B5AD06E8CBEA0226AC319BD6_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsOfDebtExtinguishmentCosts_36B3B5E4B5AD06E8CBEA0226AC319BD6" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Payment of debt extinguishment cost</link:label>
    <link:label id="lab_us-gaap_PaymentsOfDebtExtinguishmentCosts_36B3B5E4B5AD06E8CBEA0226AC319BD6_label_en-US" xlink:label="lab_us-gaap_PaymentsOfDebtExtinguishmentCosts_36B3B5E4B5AD06E8CBEA0226AC319BD6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payment for Debt Extinguishment or Debt Prepayment Cost</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PaymentsOfDebtExtinguishmentCosts" xlink:label="loc_us-gaap_PaymentsOfDebtExtinguishmentCosts_36B3B5E4B5AD06E8CBEA0226AC319BD6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsOfDebtExtinguishmentCosts_36B3B5E4B5AD06E8CBEA0226AC319BD6" xlink:to="lab_us-gaap_PaymentsOfDebtExtinguishmentCosts_36B3B5E4B5AD06E8CBEA0226AC319BD6" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromLinesOfCredit_EBA25DCADBDE919BA7A80226AC313BE7_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromLinesOfCredit_EBA25DCADBDE919BA7A80226AC313BE7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from long-term debt issuances, net of debt issuance costs</link:label>
    <link:label id="lab_us-gaap_ProceedsFromLinesOfCredit_EBA25DCADBDE919BA7A80226AC313BE7_label_en-US" xlink:label="lab_us-gaap_ProceedsFromLinesOfCredit_EBA25DCADBDE919BA7A80226AC313BE7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Lines of Credit</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProceedsFromLinesOfCredit" xlink:label="loc_us-gaap_ProceedsFromLinesOfCredit_EBA25DCADBDE919BA7A80226AC313BE7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromLinesOfCredit_EBA25DCADBDE919BA7A80226AC313BE7" xlink:to="lab_us-gaap_ProceedsFromLinesOfCredit_EBA25DCADBDE919BA7A80226AC313BE7" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_2673075CDA94B75B66A10226AC32CF49_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_2673075CDA94B75B66A10226AC32CF49" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Repurchases of common stock</link:label>
    <link:label id="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_2673075CDA94B75B66A10226AC32CF49_label_en-US" xlink:label="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_2673075CDA94B75B66A10226AC32CF49" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments for Repurchase of Common Stock</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:label="loc_us-gaap_PaymentsForRepurchaseOfCommonStock_2673075CDA94B75B66A10226AC32CF49" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsForRepurchaseOfCommonStock_2673075CDA94B75B66A10226AC32CF49" xlink:to="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_2673075CDA94B75B66A10226AC32CF49" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsOfDividends_518445E73634E96FA7C40226AC32DCF5_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsOfDividends_518445E73634E96FA7C40226AC32DCF5" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Dividends paid</link:label>
    <link:label id="lab_us-gaap_PaymentsOfDividends_518445E73634E96FA7C40226AC32DCF5_label_en-US" xlink:label="lab_us-gaap_PaymentsOfDividends_518445E73634E96FA7C40226AC32DCF5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments of Dividends</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PaymentsOfDividends" xlink:label="loc_us-gaap_PaymentsOfDividends_518445E73634E96FA7C40226AC32DCF5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsOfDividends_518445E73634E96FA7C40226AC32DCF5" xlink:to="lab_us-gaap_PaymentsOfDividends_518445E73634E96FA7C40226AC32DCF5" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromIssuanceOfCommonStock_B3B8C89B4788BAA2DF2C0226AC32D23B_verboseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfCommonStock_B3B8C89B4788BAA2DF2C0226AC32D23B" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Proceeds received from employee stock activity</link:label>
    <link:label id="lab_us-gaap_ProceedsFromIssuanceOfCommonStock_B3B8C89B4788BAA2DF2C0226AC32D23B_label_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfCommonStock_B3B8C89B4788BAA2DF2C0226AC32D23B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Issuance of Common Stock</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProceedsFromIssuanceOfCommonStock" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfCommonStock_B3B8C89B4788BAA2DF2C0226AC32D23B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromIssuanceOfCommonStock_B3B8C89B4788BAA2DF2C0226AC32D23B" xlink:to="lab_us-gaap_ProceedsFromIssuanceOfCommonStock_B3B8C89B4788BAA2DF2C0226AC32D23B" xlink:type="arc" />
    <link:label id="lab_ndaq_PaymentsRelatedToEmployeeSharesWithheldForTaxes_9D8974DB946D7239B1BF0226AC32D6EF_negatedLabel_en-US" xlink:label="lab_ndaq_PaymentsRelatedToEmployeeSharesWithheldForTaxes_9D8974DB946D7239B1BF0226AC32D6EF" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Payments related to employee shares withheld for taxes</link:label>
    <link:label id="lab_ndaq_PaymentsRelatedToEmployeeSharesWithheldForTaxes_9D8974DB946D7239B1BF0226AC32D6EF_label_en-US" xlink:label="lab_ndaq_PaymentsRelatedToEmployeeSharesWithheldForTaxes_9D8974DB946D7239B1BF0226AC32D6EF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments related to employee shares withheld for taxes</link:label>
    <link:label id="lab_ndaq_PaymentsRelatedToEmployeeSharesWithheldForTaxes_9D8974DB946D7239B1BF0226AC32D6EF_documentation_en-US" xlink:label="lab_ndaq_PaymentsRelatedToEmployeeSharesWithheldForTaxes_9D8974DB946D7239B1BF0226AC32D6EF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Payments related to employee shares withheld for taxes</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_PaymentsRelatedToEmployeeSharesWithheldForTaxes" xlink:label="loc_ndaq_PaymentsRelatedToEmployeeSharesWithheldForTaxes_9D8974DB946D7239B1BF0226AC32D6EF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_PaymentsRelatedToEmployeeSharesWithheldForTaxes_9D8974DB946D7239B1BF0226AC32D6EF" xlink:to="lab_ndaq_PaymentsRelatedToEmployeeSharesWithheldForTaxes_9D8974DB946D7239B1BF0226AC32D6EF" xlink:type="arc" />
    <link:label id="lab_ndaq_ProceedsfromDisbursementsofCustomerFunds_A9F4AC81044BA6B979110226AC33E287_terseLabel_en-US" xlink:label="lab_ndaq_ProceedsfromDisbursementsofCustomerFunds_A9F4AC81044BA6B979110226AC33E287" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds of customer funds</link:label>
    <link:label id="lab_ndaq_ProceedsfromDisbursementsofCustomerFunds_A9F4AC81044BA6B979110226AC33E287_label_en-US" xlink:label="lab_ndaq_ProceedsfromDisbursementsofCustomerFunds_A9F4AC81044BA6B979110226AC33E287" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from (Disbursements of) Customer Funds</link:label>
    <link:label id="lab_ndaq_ProceedsfromDisbursementsofCustomerFunds_A9F4AC81044BA6B979110226AC33E287_documentation_en-US" xlink:label="lab_ndaq_ProceedsfromDisbursementsofCustomerFunds_A9F4AC81044BA6B979110226AC33E287" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Proceeds from (Disbursements of) Customer Funds</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ProceedsfromDisbursementsofCustomerFunds" xlink:label="loc_ndaq_ProceedsfromDisbursementsofCustomerFunds_A9F4AC81044BA6B979110226AC33E287" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ProceedsfromDisbursementsofCustomerFunds_A9F4AC81044BA6B979110226AC33E287" xlink:to="lab_ndaq_ProceedsfromDisbursementsofCustomerFunds_A9F4AC81044BA6B979110226AC33E287" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_D8916A4CAD96B41DB8E30226AC33C97E_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_D8916A4CAD96B41DB8E30226AC33C97E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other financing activities</link:label>
    <link:label id="lab_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_D8916A4CAD96B41DB8E30226AC33C97E_label_en-US" xlink:label="lab_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_D8916A4CAD96B41DB8E30226AC33C97E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from (Payments for) Other Financing Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProceedsFromPaymentsForOtherFinancingActivities" xlink:label="loc_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_D8916A4CAD96B41DB8E30226AC33C97E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_D8916A4CAD96B41DB8E30226AC33C97E" xlink:to="lab_us-gaap_ProceedsFromPaymentsForOtherFinancingActivities_D8916A4CAD96B41DB8E30226AC33C97E" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_967070FF4E0760B19C910226AC333153_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_967070FF4E0760B19C910226AC333153" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash (used in) provided by financing activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_967070FF4E0760B19C910226AC333153_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_967070FF4E0760B19C910226AC333153" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Financing Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_967070FF4E0760B19C910226AC333153" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_967070FF4E0760B19C910226AC333153" xlink:to="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_967070FF4E0760B19C910226AC333153" xlink:type="arc" />
    <link:label id="lab_us-gaap_EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_D3855021D3525590CC1D0226AC337840_terseLabel_en-US" xlink:label="lab_us-gaap_EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_D3855021D3525590CC1D0226AC337840" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effect of exchange rate changes on cash and cash equivalents and restricted cash</link:label>
    <link:label id="lab_us-gaap_EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_D3855021D3525590CC1D0226AC337840_label_en-US" xlink:label="lab_us-gaap_EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_D3855021D3525590CC1D0226AC337840" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:label="loc_us-gaap_EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_D3855021D3525590CC1D0226AC337840" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_D3855021D3525590CC1D0226AC337840" xlink:to="lab_us-gaap_EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_D3855021D3525590CC1D0226AC337840" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_26E26E19A135801B0CCD0226AC33D64A_totalLabel_en-US" xlink:label="lab_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_26E26E19A135801B0CCD0226AC33D64A" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net increase (decrease) in cash and cash equivalents and restricted cash</link:label>
    <link:label id="lab_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_26E26E19A135801B0CCD0226AC33D64A_label_en-US" xlink:label="lab_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_26E26E19A135801B0CCD0226AC33D64A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect" xlink:label="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_26E26E19A135801B0CCD0226AC33D64A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_26E26E19A135801B0CCD0226AC33D64A" xlink:to="lab_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_26E26E19A135801B0CCD0226AC33D64A" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_B32291D468FD057F03F40226AC34F015_periodStartLabel_en-US" xlink:label="lab_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_B32291D468FD057F03F40226AC34F015" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents and restricted cash at beginning of period</link:label>
    <link:label id="lab_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_B32291D468FD057F03F40226AC34F015_label_en-US" xlink:label="lab_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_B32291D468FD057F03F40226AC34F015" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:label="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_B32291D468FD057F03F40226AC34F015" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_B32291D468FD057F03F40226AC34F015" xlink:to="lab_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_B32291D468FD057F03F40226AC34F015" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_FE9AEF6B99449A24B16F0226AC347187_periodEndLabel_en-US" xlink:label="lab_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_FE9AEF6B99449A24B16F0226AC347187" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents and restricted cash at end of period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:label="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_FE9AEF6B99449A24B16F0226AC347187" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_FE9AEF6B99449A24B16F0226AC347187" xlink:to="lab_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_FE9AEF6B99449A24B16F0226AC347187" xlink:type="arc" />
    <link:label id="lab_us-gaap_SupplementalCashFlowInformationAbstract_3214458E26E7800CB0040226AC34337D_terseLabel_en-US" xlink:label="lab_us-gaap_SupplementalCashFlowInformationAbstract_3214458E26E7800CB0040226AC34337D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Supplemental Disclosure Cash Flow Information</link:label>
    <link:label id="lab_us-gaap_SupplementalCashFlowInformationAbstract_3214458E26E7800CB0040226AC34337D_label_en-US" xlink:label="lab_us-gaap_SupplementalCashFlowInformationAbstract_3214458E26E7800CB0040226AC34337D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Supplemental Cash Flow Information [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SupplementalCashFlowInformationAbstract" xlink:label="loc_us-gaap_SupplementalCashFlowInformationAbstract_3214458E26E7800CB0040226AC34337D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SupplementalCashFlowInformationAbstract_3214458E26E7800CB0040226AC34337D" xlink:to="lab_us-gaap_SupplementalCashFlowInformationAbstract_3214458E26E7800CB0040226AC34337D" xlink:type="arc" />
    <link:label id="lab_ndaq_SupplementalCashFlowInformationCashPaid_A78362C1FA01964A7CFE0226AC34DEA7_terseLabel_en-US" xlink:label="lab_ndaq_SupplementalCashFlowInformationCashPaid_A78362C1FA01964A7CFE0226AC34DEA7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash paid for:</link:label>
    <link:label id="lab_ndaq_SupplementalCashFlowInformationCashPaid_A78362C1FA01964A7CFE0226AC34DEA7_label_en-US" xlink:label="lab_ndaq_SupplementalCashFlowInformationCashPaid_A78362C1FA01964A7CFE0226AC34DEA7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Supplemental Cash Flow Information Cash Paid</link:label>
    <link:label id="lab_ndaq_SupplementalCashFlowInformationCashPaid_A78362C1FA01964A7CFE0226AC34DEA7_documentation_en-US" xlink:label="lab_ndaq_SupplementalCashFlowInformationCashPaid_A78362C1FA01964A7CFE0226AC34DEA7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The amount of cash paid during the period.</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_SupplementalCashFlowInformationCashPaid" xlink:label="loc_ndaq_SupplementalCashFlowInformationCashPaid_A78362C1FA01964A7CFE0226AC34DEA7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_SupplementalCashFlowInformationCashPaid_A78362C1FA01964A7CFE0226AC34DEA7" xlink:to="lab_ndaq_SupplementalCashFlowInformationCashPaid_A78362C1FA01964A7CFE0226AC34DEA7" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestPaidNet_0BDF09FE40FDBF9071220226AC35AD63_terseLabel_en-US" xlink:label="lab_us-gaap_InterestPaidNet_0BDF09FE40FDBF9071220226AC35AD63" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest</link:label>
    <link:label id="lab_us-gaap_InterestPaidNet_0BDF09FE40FDBF9071220226AC35AD63_label_en-US" xlink:label="lab_us-gaap_InterestPaidNet_0BDF09FE40FDBF9071220226AC35AD63" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Paid, Excluding Capitalized Interest, Operating Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InterestPaidNet" xlink:label="loc_us-gaap_InterestPaidNet_0BDF09FE40FDBF9071220226AC35AD63" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestPaidNet_0BDF09FE40FDBF9071220226AC35AD63" xlink:to="lab_us-gaap_InterestPaidNet_0BDF09FE40FDBF9071220226AC35AD63" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxesPaidNet_9B1F4FE10EBF92869ABD0226AC35E64C_verboseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxesPaidNet_9B1F4FE10EBF92869ABD0226AC35E64C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Income taxes, net of refund</link:label>
    <link:label id="lab_us-gaap_IncomeTaxesPaidNet_9B1F4FE10EBF92869ABD0226AC35E64C_label_en-US" xlink:label="lab_us-gaap_IncomeTaxesPaidNet_9B1F4FE10EBF92869ABD0226AC35E64C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Taxes Paid, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncomeTaxesPaidNet" xlink:label="loc_us-gaap_IncomeTaxesPaidNet_9B1F4FE10EBF92869ABD0226AC35E64C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxesPaidNet_9B1F4FE10EBF92869ABD0226AC35E64C" xlink:to="lab_us-gaap_IncomeTaxesPaidNet_9B1F4FE10EBF92869ABD0226AC35E64C" xlink:type="arc" />
    <link:label id="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_B6B3E2344E09C548DC3BEE8700D2BCE9_label_en-US" xlink:label="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_B6B3E2344E09C548DC3BEE8700D2BCE9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Organization, Consolidation and Presentation of Financial Statements [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:label="loc_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_B6B3E2344E09C548DC3BEE8700D2BCE9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_B6B3E2344E09C548DC3BEE8700D2BCE9" xlink:to="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_B6B3E2344E09C548DC3BEE8700D2BCE9" xlink:type="arc" />
    <link:label id="lab_ndaq_OrganizationAndBasisOfPresentationTable_13E20A71BF151573F4DDEE8700D27025_terseLabel_en-US" xlink:label="lab_ndaq_OrganizationAndBasisOfPresentationTable_13E20A71BF151573F4DDEE8700D27025" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Organization And Basis Of Presentation [Table]</link:label>
    <link:label id="lab_ndaq_OrganizationAndBasisOfPresentationTable_13E20A71BF151573F4DDEE8700D27025_label_en-US" xlink:label="lab_ndaq_OrganizationAndBasisOfPresentationTable_13E20A71BF151573F4DDEE8700D27025" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Organization And Basis Of Presentation [Table]</link:label>
    <link:label id="lab_ndaq_OrganizationAndBasisOfPresentationTable_13E20A71BF151573F4DDEE8700D27025_documentation_en-US" xlink:label="lab_ndaq_OrganizationAndBasisOfPresentationTable_13E20A71BF151573F4DDEE8700D27025" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Organization And Basis Of Presentation [Table]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_OrganizationAndBasisOfPresentationTable" xlink:label="loc_ndaq_OrganizationAndBasisOfPresentationTable_13E20A71BF151573F4DDEE8700D27025" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_OrganizationAndBasisOfPresentationTable_13E20A71BF151573F4DDEE8700D27025" xlink:to="lab_ndaq_OrganizationAndBasisOfPresentationTable_13E20A71BF151573F4DDEE8700D27025" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementBusinessSegmentsAxis_136201338AC32A7A1C80EE8700D28C90_terseLabel_en-US" xlink:label="lab_us-gaap_StatementBusinessSegmentsAxis_136201338AC32A7A1C80EE8700D28C90" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Segments [Axis]</link:label>
    <link:label id="lab_us-gaap_StatementBusinessSegmentsAxis_136201338AC32A7A1C80EE8700D28C90_label_en-US" xlink:label="lab_us-gaap_StatementBusinessSegmentsAxis_136201338AC32A7A1C80EE8700D28C90" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segments [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="loc_us-gaap_StatementBusinessSegmentsAxis_136201338AC32A7A1C80EE8700D28C90" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementBusinessSegmentsAxis_136201338AC32A7A1C80EE8700D28C90" xlink:to="lab_us-gaap_StatementBusinessSegmentsAxis_136201338AC32A7A1C80EE8700D28C90" xlink:type="arc" />
    <link:label id="lab_us-gaap_SegmentDomain_BA9CE7E44BA3D0FAA669EE8700D25E72_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentDomain_BA9CE7E44BA3D0FAA669EE8700D25E72" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Segments [Domain]</link:label>
    <link:label id="lab_us-gaap_SegmentDomain_BA9CE7E44BA3D0FAA669EE8700D25E72_label_en-US" xlink:label="lab_us-gaap_SegmentDomain_BA9CE7E44BA3D0FAA669EE8700D25E72" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segments [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SegmentDomain" xlink:label="loc_us-gaap_SegmentDomain_BA9CE7E44BA3D0FAA669EE8700D25E72" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SegmentDomain_BA9CE7E44BA3D0FAA669EE8700D25E72" xlink:to="lab_us-gaap_SegmentDomain_BA9CE7E44BA3D0FAA669EE8700D25E72" xlink:type="arc" />
    <link:label id="lab_ndaq_MarketServicesMember_B46EC365D1278BB94EF4EE8700D2C748_terseLabel_en-US" xlink:label="lab_ndaq_MarketServicesMember_B46EC365D1278BB94EF4EE8700D2C748" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Market Services</link:label>
    <link:label id="lab_ndaq_MarketServicesMember_B46EC365D1278BB94EF4EE8700D2C748_label_en-US" xlink:label="lab_ndaq_MarketServicesMember_B46EC365D1278BB94EF4EE8700D2C748" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Market Services [Member]</link:label>
    <link:label id="lab_ndaq_MarketServicesMember_B46EC365D1278BB94EF4EE8700D2C748_documentation_en-US" xlink:label="lab_ndaq_MarketServicesMember_B46EC365D1278BB94EF4EE8700D2C748" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Market Services [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_MarketServicesMember" xlink:label="loc_ndaq_MarketServicesMember_B46EC365D1278BB94EF4EE8700D2C748" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_MarketServicesMember_B46EC365D1278BB94EF4EE8700D2C748" xlink:to="lab_ndaq_MarketServicesMember_B46EC365D1278BB94EF4EE8700D2C748" xlink:type="arc" />
    <link:label id="lab_ndaq_CorporateServicesMember_568173082E2B3F187168EE8700D2B3B9_terseLabel_en-US" xlink:label="lab_ndaq_CorporateServicesMember_568173082E2B3F187168EE8700D2B3B9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Corporate Services</link:label>
    <link:label id="lab_ndaq_CorporateServicesMember_568173082E2B3F187168EE8700D2B3B9_label_en-US" xlink:label="lab_ndaq_CorporateServicesMember_568173082E2B3F187168EE8700D2B3B9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Corporate Services [Member]</link:label>
    <link:label id="lab_ndaq_CorporateServicesMember_568173082E2B3F187168EE8700D2B3B9_documentation_en-US" xlink:label="lab_ndaq_CorporateServicesMember_568173082E2B3F187168EE8700D2B3B9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Corporate Services [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_CorporateServicesMember" xlink:label="loc_ndaq_CorporateServicesMember_568173082E2B3F187168EE8700D2B3B9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_CorporateServicesMember_568173082E2B3F187168EE8700D2B3B9" xlink:to="lab_ndaq_CorporateServicesMember_568173082E2B3F187168EE8700D2B3B9" xlink:type="arc" />
    <link:label id="lab_ndaq_GlobalInformationMember_000151BE0DC752D50AC7EE8700D273CA_terseLabel_en-US" xlink:label="lab_ndaq_GlobalInformationMember_000151BE0DC752D50AC7EE8700D273CA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Information Services</link:label>
    <link:label id="lab_ndaq_GlobalInformationMember_000151BE0DC752D50AC7EE8700D273CA_label_en-US" xlink:label="lab_ndaq_GlobalInformationMember_000151BE0DC752D50AC7EE8700D273CA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Global Information [Member]</link:label>
    <link:label id="lab_ndaq_GlobalInformationMember_000151BE0DC752D50AC7EE8700D273CA_documentation_en-US" xlink:label="lab_ndaq_GlobalInformationMember_000151BE0DC752D50AC7EE8700D273CA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Global Information [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_GlobalInformationMember" xlink:label="loc_ndaq_GlobalInformationMember_000151BE0DC752D50AC7EE8700D273CA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_GlobalInformationMember_000151BE0DC752D50AC7EE8700D273CA" xlink:to="lab_ndaq_GlobalInformationMember_000151BE0DC752D50AC7EE8700D273CA" xlink:type="arc" />
    <link:label id="lab_ndaq_MarketTechnologyMember_BC8B6AE19B22EAF597BDEE8700D23A6F_terseLabel_en-US" xlink:label="lab_ndaq_MarketTechnologyMember_BC8B6AE19B22EAF597BDEE8700D23A6F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Market Technology</link:label>
    <link:label id="lab_ndaq_MarketTechnologyMember_BC8B6AE19B22EAF597BDEE8700D23A6F_label_en-US" xlink:label="lab_ndaq_MarketTechnologyMember_BC8B6AE19B22EAF597BDEE8700D23A6F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Market Technology [Member]</link:label>
    <link:label id="lab_ndaq_MarketTechnologyMember_BC8B6AE19B22EAF597BDEE8700D23A6F_documentation_en-US" xlink:label="lab_ndaq_MarketTechnologyMember_BC8B6AE19B22EAF597BDEE8700D23A6F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Market Technology [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_MarketTechnologyMember" xlink:label="loc_ndaq_MarketTechnologyMember_BC8B6AE19B22EAF597BDEE8700D23A6F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_MarketTechnologyMember_BC8B6AE19B22EAF597BDEE8700D23A6F" xlink:to="lab_ndaq_MarketTechnologyMember_BC8B6AE19B22EAF597BDEE8700D23A6F" xlink:type="arc" />
    <link:label id="lab_srt_StatementGeographicalAxis_4E7DAF37D619DFDA7447EE8700D2804D_terseLabel_en-US" xlink:label="lab_srt_StatementGeographicalAxis_4E7DAF37D619DFDA7447EE8700D2804D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Geographical [Axis]</link:label>
    <link:label id="lab_srt_StatementGeographicalAxis_4E7DAF37D619DFDA7447EE8700D2804D_label_en-US" xlink:label="lab_srt_StatementGeographicalAxis_4E7DAF37D619DFDA7447EE8700D2804D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Geographical [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_StatementGeographicalAxis" xlink:label="loc_srt_StatementGeographicalAxis_4E7DAF37D619DFDA7447EE8700D2804D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_StatementGeographicalAxis_4E7DAF37D619DFDA7447EE8700D2804D" xlink:to="lab_srt_StatementGeographicalAxis_4E7DAF37D619DFDA7447EE8700D2804D" xlink:type="arc" />
    <link:label id="lab_srt_SegmentGeographicalDomain_07223B16C57235180CCBEE8700D2933C_terseLabel_en-US" xlink:label="lab_srt_SegmentGeographicalDomain_07223B16C57235180CCBEE8700D2933C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Geographical [Domain]</link:label>
    <link:label id="lab_srt_SegmentGeographicalDomain_07223B16C57235180CCBEE8700D2933C_label_en-US" xlink:label="lab_srt_SegmentGeographicalDomain_07223B16C57235180CCBEE8700D2933C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Geographical [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_SegmentGeographicalDomain" xlink:label="loc_srt_SegmentGeographicalDomain_07223B16C57235180CCBEE8700D2933C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_SegmentGeographicalDomain_07223B16C57235180CCBEE8700D2933C" xlink:to="lab_srt_SegmentGeographicalDomain_07223B16C57235180CCBEE8700D2933C" xlink:type="arc" />
    <link:label id="lab_country_US_94D0C0EF123B34E22E65EE8700D27724_terseLabel_en-US" xlink:label="lab_country_US_94D0C0EF123B34E22E65EE8700D27724" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">United States</link:label>
    <link:label id="lab_country_US_94D0C0EF123B34E22E65EE8700D27724_label_en-US" xlink:label="lab_country_US_94D0C0EF123B34E22E65EE8700D27724" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">UNITED STATES</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/country/2017/country-2017-01-31.xsd#country_US" xlink:label="loc_country_US_94D0C0EF123B34E22E65EE8700D27724" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_US_94D0C0EF123B34E22E65EE8700D27724" xlink:to="lab_country_US_94D0C0EF123B34E22E65EE8700D27724" xlink:type="arc" />
    <link:label id="lab_srt_ProductOrServiceAxis_0C8EE1965A70F3753A67EE8700D28574_terseLabel_en-US" xlink:label="lab_srt_ProductOrServiceAxis_0C8EE1965A70F3753A67EE8700D28574" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Product and Service [Axis]</link:label>
    <link:label id="lab_srt_ProductOrServiceAxis_0C8EE1965A70F3753A67EE8700D28574_label_en-US" xlink:label="lab_srt_ProductOrServiceAxis_0C8EE1965A70F3753A67EE8700D28574" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Product and Service [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_ProductOrServiceAxis" xlink:label="loc_srt_ProductOrServiceAxis_0C8EE1965A70F3753A67EE8700D28574" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_ProductOrServiceAxis_0C8EE1965A70F3753A67EE8700D28574" xlink:to="lab_srt_ProductOrServiceAxis_0C8EE1965A70F3753A67EE8700D28574" xlink:type="arc" />
    <link:label id="lab_srt_ProductsAndServicesDomain_843E350D5823F682B437EE8700D25BBF_terseLabel_en-US" xlink:label="lab_srt_ProductsAndServicesDomain_843E350D5823F682B437EE8700D25BBF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Product and Service [Domain]</link:label>
    <link:label id="lab_srt_ProductsAndServicesDomain_843E350D5823F682B437EE8700D25BBF_label_en-US" xlink:label="lab_srt_ProductsAndServicesDomain_843E350D5823F682B437EE8700D25BBF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Product and Service [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_ProductsAndServicesDomain" xlink:label="loc_srt_ProductsAndServicesDomain_843E350D5823F682B437EE8700D25BBF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_ProductsAndServicesDomain_843E350D5823F682B437EE8700D25BBF" xlink:to="lab_srt_ProductsAndServicesDomain_843E350D5823F682B437EE8700D25BBF" xlink:type="arc" />
    <link:label id="lab_ndaq_OptionsMarketsMember_5EC490A78001A9AFA7AEEE8700E252F8_terseLabel_en-US" xlink:label="lab_ndaq_OptionsMarketsMember_5EC490A78001A9AFA7AEEE8700E252F8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Options Markets</link:label>
    <link:label id="lab_ndaq_OptionsMarketsMember_5EC490A78001A9AFA7AEEE8700E252F8_label_en-US" xlink:label="lab_ndaq_OptionsMarketsMember_5EC490A78001A9AFA7AEEE8700E252F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Options Markets [Member]</link:label>
    <link:label id="lab_ndaq_OptionsMarketsMember_5EC490A78001A9AFA7AEEE8700E252F8_documentation_en-US" xlink:label="lab_ndaq_OptionsMarketsMember_5EC490A78001A9AFA7AEEE8700E252F8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Options Markets [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_OptionsMarketsMember" xlink:label="loc_ndaq_OptionsMarketsMember_5EC490A78001A9AFA7AEEE8700E252F8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_OptionsMarketsMember_5EC490A78001A9AFA7AEEE8700E252F8" xlink:to="lab_ndaq_OptionsMarketsMember_5EC490A78001A9AFA7AEEE8700E252F8" xlink:type="arc" />
    <link:label id="lab_ndaq_CashEquitiesTradingMarketsMember_04D43F8C986B0CB9106DEE8700E2E0E8_terseLabel_en-US" xlink:label="lab_ndaq_CashEquitiesTradingMarketsMember_04D43F8C986B0CB9106DEE8700E2E0E8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash Equities Trading Markets</link:label>
    <link:label id="lab_ndaq_CashEquitiesTradingMarketsMember_04D43F8C986B0CB9106DEE8700E2E0E8_label_en-US" xlink:label="lab_ndaq_CashEquitiesTradingMarketsMember_04D43F8C986B0CB9106DEE8700E2E0E8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash Equities Trading Markets [Member]</link:label>
    <link:label id="lab_ndaq_CashEquitiesTradingMarketsMember_04D43F8C986B0CB9106DEE8700E2E0E8_documentation_en-US" xlink:label="lab_ndaq_CashEquitiesTradingMarketsMember_04D43F8C986B0CB9106DEE8700E2E0E8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cash Equities Trading Markets [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_CashEquitiesTradingMarketsMember" xlink:label="loc_ndaq_CashEquitiesTradingMarketsMember_04D43F8C986B0CB9106DEE8700E2E0E8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_CashEquitiesTradingMarketsMember_04D43F8C986B0CB9106DEE8700E2E0E8" xlink:to="lab_ndaq_CashEquitiesTradingMarketsMember_04D43F8C986B0CB9106DEE8700E2E0E8" xlink:type="arc" />
    <link:label id="lab_ndaq_OrganizationAndBasisOfPresentationLineItems_51E0D87D61D3EC7CA49CEE8700E257AA_terseLabel_en-US" xlink:label="lab_ndaq_OrganizationAndBasisOfPresentationLineItems_51E0D87D61D3EC7CA49CEE8700E257AA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Organization And Basis Of Presentation [Line Items]</link:label>
    <link:label id="lab_ndaq_OrganizationAndBasisOfPresentationLineItems_51E0D87D61D3EC7CA49CEE8700E257AA_label_en-US" xlink:label="lab_ndaq_OrganizationAndBasisOfPresentationLineItems_51E0D87D61D3EC7CA49CEE8700E257AA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Organization And Basis Of Presentation [Line Items]</link:label>
    <link:label id="lab_ndaq_OrganizationAndBasisOfPresentationLineItems_51E0D87D61D3EC7CA49CEE8700E257AA_documentation_en-US" xlink:label="lab_ndaq_OrganizationAndBasisOfPresentationLineItems_51E0D87D61D3EC7CA49CEE8700E257AA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Organization And Basis Of Presentation [Line Items]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_OrganizationAndBasisOfPresentationLineItems" xlink:label="loc_ndaq_OrganizationAndBasisOfPresentationLineItems_51E0D87D61D3EC7CA49CEE8700E257AA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_OrganizationAndBasisOfPresentationLineItems_51E0D87D61D3EC7CA49CEE8700E257AA" xlink:to="lab_ndaq_OrganizationAndBasisOfPresentationLineItems_51E0D87D61D3EC7CA49CEE8700E257AA" xlink:type="arc" />
    <link:label id="lab_us-gaap_NumberOfOperatingSegments_5C6B253EB1F25790002EEE8700E2BFF9_terseLabel_en-US" xlink:label="lab_us-gaap_NumberOfOperatingSegments_5C6B253EB1F25790002EEE8700E2BFF9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of operating segments</link:label>
    <link:label id="lab_us-gaap_NumberOfOperatingSegments_5C6B253EB1F25790002EEE8700E2BFF9_label_en-US" xlink:label="lab_us-gaap_NumberOfOperatingSegments_5C6B253EB1F25790002EEE8700E2BFF9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of Operating Segments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NumberOfOperatingSegments" xlink:label="loc_us-gaap_NumberOfOperatingSegments_5C6B253EB1F25790002EEE8700E2BFF9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NumberOfOperatingSegments_5C6B253EB1F25790002EEE8700E2BFF9" xlink:to="lab_us-gaap_NumberOfOperatingSegments_5C6B253EB1F25790002EEE8700E2BFF9" xlink:type="arc" />
    <link:label id="lab_ndaq_ServicesProvidedOverNumberOfMarketPlaces_2E8B920A45DA5030C85CEE8700E22BBA_terseLabel_en-US" xlink:label="lab_ndaq_ServicesProvidedOverNumberOfMarketPlaces_2E8B920A45DA5030C85CEE8700E22BBA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of exchanges</link:label>
    <link:label id="lab_ndaq_ServicesProvidedOverNumberOfMarketPlaces_2E8B920A45DA5030C85CEE8700E22BBA_label_en-US" xlink:label="lab_ndaq_ServicesProvidedOverNumberOfMarketPlaces_2E8B920A45DA5030C85CEE8700E22BBA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Services Provided Over Number Of MarketPlaces</link:label>
    <link:label id="lab_ndaq_ServicesProvidedOverNumberOfMarketPlaces_2E8B920A45DA5030C85CEE8700E22BBA_documentation_en-US" xlink:label="lab_ndaq_ServicesProvidedOverNumberOfMarketPlaces_2E8B920A45DA5030C85CEE8700E22BBA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of marketplaces</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ServicesProvidedOverNumberOfMarketPlaces" xlink:label="loc_ndaq_ServicesProvidedOverNumberOfMarketPlaces_2E8B920A45DA5030C85CEE8700E22BBA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ServicesProvidedOverNumberOfMarketPlaces_2E8B920A45DA5030C85CEE8700E22BBA" xlink:to="lab_ndaq_ServicesProvidedOverNumberOfMarketPlaces_2E8B920A45DA5030C85CEE8700E22BBA" xlink:type="arc" />
    <link:label id="lab_ndaq_NumberofDerivativeExchangesListingCommoditiesOfferings_2BA84535D5534F1BBB59EE8700E24DD9_terseLabel_en-US" xlink:label="lab_ndaq_NumberofDerivativeExchangesListingCommoditiesOfferings_2BA84535D5534F1BBB59EE8700E24DD9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of derivative exchanges listing commodities offerings</link:label>
    <link:label id="lab_ndaq_NumberofDerivativeExchangesListingCommoditiesOfferings_2BA84535D5534F1BBB59EE8700E24DD9_label_en-US" xlink:label="lab_ndaq_NumberofDerivativeExchangesListingCommoditiesOfferings_2BA84535D5534F1BBB59EE8700E24DD9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of Derivative Exchanges Listing Commodities Offerings</link:label>
    <link:label id="lab_ndaq_NumberofDerivativeExchangesListingCommoditiesOfferings_2BA84535D5534F1BBB59EE8700E24DD9_documentation_en-US" xlink:label="lab_ndaq_NumberofDerivativeExchangesListingCommoditiesOfferings_2BA84535D5534F1BBB59EE8700E24DD9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of Derivative Exchanges Listing Commodities Offerings</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_NumberofDerivativeExchangesListingCommoditiesOfferings" xlink:label="loc_ndaq_NumberofDerivativeExchangesListingCommoditiesOfferings_2BA84535D5534F1BBB59EE8700E24DD9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_NumberofDerivativeExchangesListingCommoditiesOfferings_2BA84535D5534F1BBB59EE8700E24DD9" xlink:to="lab_ndaq_NumberofDerivativeExchangesListingCommoditiesOfferings_2BA84535D5534F1BBB59EE8700E24DD9" xlink:type="arc" />
    <link:label id="lab_ndaq_TotalNumberOfUSListedCompanies_5136727EF23E3E65220CEE8700E3FF07_terseLabel_en-US" xlink:label="lab_ndaq_TotalNumberOfUSListedCompanies_5136727EF23E3E65220CEE8700E3FF07" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total number of listings on The Nasdaq Stock Market</link:label>
    <link:label id="lab_ndaq_TotalNumberOfUSListedCompanies_5136727EF23E3E65220CEE8700E3FF07_label_en-US" xlink:label="lab_ndaq_TotalNumberOfUSListedCompanies_5136727EF23E3E65220CEE8700E3FF07" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Number Of U S Listed Companies</link:label>
    <link:label id="lab_ndaq_TotalNumberOfUSListedCompanies_5136727EF23E3E65220CEE8700E3FF07_documentation_en-US" xlink:label="lab_ndaq_TotalNumberOfUSListedCompanies_5136727EF23E3E65220CEE8700E3FF07" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total Number Of U.S. Companies Listed On The Nasdaq Stock Market.</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_TotalNumberOfUSListedCompanies" xlink:label="loc_ndaq_TotalNumberOfUSListedCompanies_5136727EF23E3E65220CEE8700E3FF07" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_TotalNumberOfUSListedCompanies_5136727EF23E3E65220CEE8700E3FF07" xlink:to="lab_ndaq_TotalNumberOfUSListedCompanies_5136727EF23E3E65220CEE8700E3FF07" xlink:type="arc" />
    <link:label id="lab_ndaq_NumberOfExchangeTradedProductsandOtherListingsCompanies_682F6E80515666285191EE8700E311E5_terseLabel_en-US" xlink:label="lab_ndaq_NumberOfExchangeTradedProductsandOtherListingsCompanies_682F6E80515666285191EE8700E311E5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ETPs and other listings listed on Nasdaq Stock Market</link:label>
    <link:label id="lab_ndaq_NumberOfExchangeTradedProductsandOtherListingsCompanies_682F6E80515666285191EE8700E311E5_label_en-US" xlink:label="lab_ndaq_NumberOfExchangeTradedProductsandOtherListingsCompanies_682F6E80515666285191EE8700E311E5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Exchange Traded Products and Other Listings Companies</link:label>
    <link:label id="lab_ndaq_NumberOfExchangeTradedProductsandOtherListingsCompanies_682F6E80515666285191EE8700E311E5_documentation_en-US" xlink:label="lab_ndaq_NumberOfExchangeTradedProductsandOtherListingsCompanies_682F6E80515666285191EE8700E311E5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Of Exchange Traded Products and Other Listings Companies</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_NumberOfExchangeTradedProductsandOtherListingsCompanies" xlink:label="loc_ndaq_NumberOfExchangeTradedProductsandOtherListingsCompanies_682F6E80515666285191EE8700E311E5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_NumberOfExchangeTradedProductsandOtherListingsCompanies_682F6E80515666285191EE8700E311E5" xlink:to="lab_ndaq_NumberOfExchangeTradedProductsandOtherListingsCompanies_682F6E80515666285191EE8700E311E5" xlink:type="arc" />
    <link:label id="lab_ndaq_ApproximateCombinedMarketCapitalizationUnitedStates_557458858ACAB0BF573EEE8700E38B49_terseLabel_en-US" xlink:label="lab_ndaq_ApproximateCombinedMarketCapitalizationUnitedStates_557458858ACAB0BF573EEE8700E38B49" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Approximate combined market capitalization, U.S.</link:label>
    <link:label id="lab_ndaq_ApproximateCombinedMarketCapitalizationUnitedStates_557458858ACAB0BF573EEE8700E38B49_label_en-US" xlink:label="lab_ndaq_ApproximateCombinedMarketCapitalizationUnitedStates_557458858ACAB0BF573EEE8700E38B49" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Approximate Combined Market Capitalization United States</link:label>
    <link:label id="lab_ndaq_ApproximateCombinedMarketCapitalizationUnitedStates_557458858ACAB0BF573EEE8700E38B49_documentation_en-US" xlink:label="lab_ndaq_ApproximateCombinedMarketCapitalizationUnitedStates_557458858ACAB0BF573EEE8700E38B49" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Approximate Combined Market Capitalization United States.</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ApproximateCombinedMarketCapitalizationUnitedStates" xlink:label="loc_ndaq_ApproximateCombinedMarketCapitalizationUnitedStates_557458858ACAB0BF573EEE8700E38B49" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ApproximateCombinedMarketCapitalizationUnitedStates_557458858ACAB0BF573EEE8700E38B49" xlink:to="lab_ndaq_ApproximateCombinedMarketCapitalizationUnitedStates_557458858ACAB0BF573EEE8700E38B49" xlink:type="arc" />
    <link:label id="lab_ndaq_TotalNumberOfListedCompaniesWithinNordicAndBalticExchanges_476B230EB78B9B337052EE8700E441B6_terseLabel_en-US" xlink:label="lab_ndaq_TotalNumberOfListedCompaniesWithinNordicAndBalticExchanges_476B230EB78B9B337052EE8700E441B6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total number of listed companies within Nordic and Baltic exchanges</link:label>
    <link:label id="lab_ndaq_TotalNumberOfListedCompaniesWithinNordicAndBalticExchanges_476B230EB78B9B337052EE8700E441B6_label_en-US" xlink:label="lab_ndaq_TotalNumberOfListedCompaniesWithinNordicAndBalticExchanges_476B230EB78B9B337052EE8700E441B6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Number Of Listed Companies Within Nordic And Baltic Exchanges</link:label>
    <link:label id="lab_ndaq_TotalNumberOfListedCompaniesWithinNordicAndBalticExchanges_476B230EB78B9B337052EE8700E441B6_documentation_en-US" xlink:label="lab_ndaq_TotalNumberOfListedCompaniesWithinNordicAndBalticExchanges_476B230EB78B9B337052EE8700E441B6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total Number of Listed Companies within Nordic and Baltic Exchanges</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_TotalNumberOfListedCompaniesWithinNordicAndBalticExchanges" xlink:label="loc_ndaq_TotalNumberOfListedCompaniesWithinNordicAndBalticExchanges_476B230EB78B9B337052EE8700E441B6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_TotalNumberOfListedCompaniesWithinNordicAndBalticExchanges_476B230EB78B9B337052EE8700E441B6" xlink:to="lab_ndaq_TotalNumberOfListedCompaniesWithinNordicAndBalticExchanges_476B230EB78B9B337052EE8700E441B6" xlink:type="arc" />
    <link:label id="lab_ndaq_ApproximateCombinedMarketCapitalizationWithinNordicAndBalticExchanges_0D81D75FE4FB13970DD6EE8700E40061_terseLabel_en-US" xlink:label="lab_ndaq_ApproximateCombinedMarketCapitalizationWithinNordicAndBalticExchanges_0D81D75FE4FB13970DD6EE8700E40061" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Approximate combined market capitalization within Nordic and Baltic exchanges</link:label>
    <link:label id="lab_ndaq_ApproximateCombinedMarketCapitalizationWithinNordicAndBalticExchanges_0D81D75FE4FB13970DD6EE8700E40061_label_en-US" xlink:label="lab_ndaq_ApproximateCombinedMarketCapitalizationWithinNordicAndBalticExchanges_0D81D75FE4FB13970DD6EE8700E40061" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Approximate combined market capitalization within Nordic and Baltic exchanges</link:label>
    <link:label id="lab_ndaq_ApproximateCombinedMarketCapitalizationWithinNordicAndBalticExchanges_0D81D75FE4FB13970DD6EE8700E40061_documentation_en-US" xlink:label="lab_ndaq_ApproximateCombinedMarketCapitalizationWithinNordicAndBalticExchanges_0D81D75FE4FB13970DD6EE8700E40061" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Approximate Combined Market Capitalization within Nordic and Baltic exchanges</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ApproximateCombinedMarketCapitalizationWithinNordicAndBalticExchanges" xlink:label="loc_ndaq_ApproximateCombinedMarketCapitalizationWithinNordicAndBalticExchanges_0D81D75FE4FB13970DD6EE8700E40061" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ApproximateCombinedMarketCapitalizationWithinNordicAndBalticExchanges_0D81D75FE4FB13970DD6EE8700E40061" xlink:to="lab_ndaq_ApproximateCombinedMarketCapitalizationWithinNordicAndBalticExchanges_0D81D75FE4FB13970DD6EE8700E40061" xlink:type="arc" />
    <link:label id="lab_ndaq_NumberOfExchangeTradedProductsLicensed_46FB1F670BE54DB09DA8EE8700E4A3CF_terseLabel_en-US" xlink:label="lab_ndaq_NumberOfExchangeTradedProductsLicensed_46FB1F670BE54DB09DA8EE8700E4A3CF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of exchange traded products licensed to Nasdaq's Indexes</link:label>
    <link:label id="lab_ndaq_NumberOfExchangeTradedProductsLicensed_46FB1F670BE54DB09DA8EE8700E4A3CF_label_en-US" xlink:label="lab_ndaq_NumberOfExchangeTradedProductsLicensed_46FB1F670BE54DB09DA8EE8700E4A3CF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Exchange Traded Products Licensed</link:label>
    <link:label id="lab_ndaq_NumberOfExchangeTradedProductsLicensed_46FB1F670BE54DB09DA8EE8700E4A3CF_documentation_en-US" xlink:label="lab_ndaq_NumberOfExchangeTradedProductsLicensed_46FB1F670BE54DB09DA8EE8700E4A3CF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Of ETPs Licensed</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_NumberOfExchangeTradedProductsLicensed" xlink:label="loc_ndaq_NumberOfExchangeTradedProductsLicensed_46FB1F670BE54DB09DA8EE8700E4A3CF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_NumberOfExchangeTradedProductsLicensed_46FB1F670BE54DB09DA8EE8700E4A3CF" xlink:to="lab_ndaq_NumberOfExchangeTradedProductsLicensed_46FB1F670BE54DB09DA8EE8700E4A3CF" xlink:type="arc" />
    <link:label id="lab_ndaq_AssetsManagementValue_4B3709334E933F09AB72EE8700E47A5B_terseLabel_en-US" xlink:label="lab_ndaq_AssetsManagementValue_4B3709334E933F09AB72EE8700E47A5B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets management value</link:label>
    <link:label id="lab_ndaq_AssetsManagementValue_4B3709334E933F09AB72EE8700E47A5B_label_en-US" xlink:label="lab_ndaq_AssetsManagementValue_4B3709334E933F09AB72EE8700E47A5B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets management value</link:label>
    <link:label id="lab_ndaq_AssetsManagementValue_4B3709334E933F09AB72EE8700E47A5B_documentation_en-US" xlink:label="lab_ndaq_AssetsManagementValue_4B3709334E933F09AB72EE8700E47A5B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Assets under management value of ETPs licensed to Nasdaq's indexes.</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_AssetsManagementValue" xlink:label="loc_ndaq_AssetsManagementValue_4B3709334E933F09AB72EE8700E47A5B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_AssetsManagementValue_4B3709334E933F09AB72EE8700E47A5B" xlink:to="lab_ndaq_AssetsManagementValue_4B3709334E933F09AB72EE8700E47A5B" xlink:type="arc" />
    <link:label id="lab_ndaq_NumberOfFundsAndOtherInvestmentVehicles_22814C66D7644E4A92D6EF1430601278_terseLabel_en-US" xlink:label="lab_ndaq_NumberOfFundsAndOtherInvestmentVehicles_22814C66D7644E4A92D6EF1430601278" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of funds and other investment vehicles</link:label>
    <link:label id="lab_ndaq_NumberOfFundsAndOtherInvestmentVehicles_22814C66D7644E4A92D6EF1430601278_label_en-US" xlink:label="lab_ndaq_NumberOfFundsAndOtherInvestmentVehicles_22814C66D7644E4A92D6EF1430601278" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Funds And Other Investment Vehicles</link:label>
    <link:label id="lab_ndaq_NumberOfFundsAndOtherInvestmentVehicles_22814C66D7644E4A92D6EF1430601278_documentation_en-US" xlink:label="lab_ndaq_NumberOfFundsAndOtherInvestmentVehicles_22814C66D7644E4A92D6EF1430601278" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Of Funds And Other Investment Vehicles</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_NumberOfFundsAndOtherInvestmentVehicles" xlink:label="loc_ndaq_NumberOfFundsAndOtherInvestmentVehicles_22814C66D7644E4A92D6EF1430601278" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_NumberOfFundsAndOtherInvestmentVehicles_22814C66D7644E4A92D6EF1430601278" xlink:to="lab_ndaq_NumberOfFundsAndOtherInvestmentVehicles_22814C66D7644E4A92D6EF1430601278" xlink:type="arc" />
    <link:label id="lab_ndaq_ServicesProvidedOverNumberOfCountries_5D1B78A579FF1D5A09A1EE8700E45C8C_terseLabel_en-US" xlink:label="lab_ndaq_ServicesProvidedOverNumberOfCountries_5D1B78A579FF1D5A09A1EE8700E45C8C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of countries services are provided</link:label>
    <link:label id="lab_ndaq_ServicesProvidedOverNumberOfCountries_5D1B78A579FF1D5A09A1EE8700E45C8C_label_en-US" xlink:label="lab_ndaq_ServicesProvidedOverNumberOfCountries_5D1B78A579FF1D5A09A1EE8700E45C8C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Services Provided Over Number Of Countries</link:label>
    <link:label id="lab_ndaq_ServicesProvidedOverNumberOfCountries_5D1B78A579FF1D5A09A1EE8700E45C8C_documentation_en-US" xlink:label="lab_ndaq_ServicesProvidedOverNumberOfCountries_5D1B78A579FF1D5A09A1EE8700E45C8C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Services Provided Over Number Of Countries</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ServicesProvidedOverNumberOfCountries" xlink:label="loc_ndaq_ServicesProvidedOverNumberOfCountries_5D1B78A579FF1D5A09A1EE8700E45C8C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ServicesProvidedOverNumberOfCountries_5D1B78A579FF1D5A09A1EE8700E45C8C" xlink:to="lab_ndaq_ServicesProvidedOverNumberOfCountries_5D1B78A579FF1D5A09A1EE8700E45C8C" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountingPoliciesAbstract_B09E5F8B18F3C6A8419914986D4C3642_label_en-US" xlink:label="lab_us-gaap_AccountingPoliciesAbstract_B09E5F8B18F3C6A8419914986D4C3642" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounting Policies [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="loc_us-gaap_AccountingPoliciesAbstract_B09E5F8B18F3C6A8419914986D4C3642" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountingPoliciesAbstract_B09E5F8B18F3C6A8419914986D4C3642" xlink:to="lab_us-gaap_AccountingPoliciesAbstract_B09E5F8B18F3C6A8419914986D4C3642" xlink:type="arc" />
    <link:label id="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable_66C98908B46965925CF914986D4D3DF9_terseLabel_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable_66C98908B46965925CF914986D4D3DF9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">New Accounting Pronouncements or Change in Accounting Principle [Table]</link:label>
    <link:label id="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable_66C98908B46965925CF914986D4D3DF9_label_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable_66C98908B46965925CF914986D4D3DF9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">New Accounting Pronouncements or Change in Accounting Principle [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable" xlink:label="loc_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable_66C98908B46965925CF914986D4D3DF9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable_66C98908B46965925CF914986D4D3DF9" xlink:to="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable_66C98908B46965925CF914986D4D3DF9" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_72C20DA5A5DBD3B2FA7214986D4E58AA_terseLabel_en-US" xlink:label="lab_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_72C20DA5A5DBD3B2FA7214986D4E58AA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjustments for New Accounting Pronouncements [Axis]</link:label>
    <link:label id="lab_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_72C20DA5A5DBD3B2FA7214986D4E58AA_label_en-US" xlink:label="lab_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_72C20DA5A5DBD3B2FA7214986D4E58AA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for New Accounting Pronouncements [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AdjustmentsForNewAccountingPronouncementsAxis" xlink:label="loc_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_72C20DA5A5DBD3B2FA7214986D4E58AA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_72C20DA5A5DBD3B2FA7214986D4E58AA" xlink:to="lab_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_72C20DA5A5DBD3B2FA7214986D4E58AA" xlink:type="arc" />
    <link:label id="lab_us-gaap_TypeOfAdoptionMember_450A184818170138DE0914986D4EAFDE_terseLabel_en-US" xlink:label="lab_us-gaap_TypeOfAdoptionMember_450A184818170138DE0914986D4EAFDE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Type of Adoption [Domain]</link:label>
    <link:label id="lab_us-gaap_TypeOfAdoptionMember_450A184818170138DE0914986D4EAFDE_label_en-US" xlink:label="lab_us-gaap_TypeOfAdoptionMember_450A184818170138DE0914986D4EAFDE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Type of Adoption [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_TypeOfAdoptionMember" xlink:label="loc_us-gaap_TypeOfAdoptionMember_450A184818170138DE0914986D4EAFDE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TypeOfAdoptionMember_450A184818170138DE0914986D4EAFDE" xlink:to="lab_us-gaap_TypeOfAdoptionMember_450A184818170138DE0914986D4EAFDE" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountingStandardsUpdate201409Member_2B0BFECB8FD0F585552F14986D4FA961_terseLabel_en-US" xlink:label="lab_us-gaap_AccountingStandardsUpdate201409Member_2B0BFECB8FD0F585552F14986D4FA961" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounting Standards Update 2014-09</link:label>
    <link:label id="lab_us-gaap_AccountingStandardsUpdate201409Member_2B0BFECB8FD0F585552F14986D4FA961_label_en-US" xlink:label="lab_us-gaap_AccountingStandardsUpdate201409Member_2B0BFECB8FD0F585552F14986D4FA961" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounting Standards Update 2014-09 [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AccountingStandardsUpdate201409Member" xlink:label="loc_us-gaap_AccountingStandardsUpdate201409Member_2B0BFECB8FD0F585552F14986D4FA961" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountingStandardsUpdate201409Member_2B0BFECB8FD0F585552F14986D4FA961" xlink:to="lab_us-gaap_AccountingStandardsUpdate201409Member_2B0BFECB8FD0F585552F14986D4FA961" xlink:type="arc" />
    <link:label id="lab_srt_RestatementAxis_300142F7F380D867F03B14986D50009B_terseLabel_en-US" xlink:label="lab_srt_RestatementAxis_300142F7F380D867F03B14986D50009B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restatement [Axis]</link:label>
    <link:label id="lab_srt_RestatementAxis_300142F7F380D867F03B14986D50009B_label_en-US" xlink:label="lab_srt_RestatementAxis_300142F7F380D867F03B14986D50009B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restatement [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_RestatementAxis" xlink:label="loc_srt_RestatementAxis_300142F7F380D867F03B14986D50009B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_RestatementAxis_300142F7F380D867F03B14986D50009B" xlink:to="lab_srt_RestatementAxis_300142F7F380D867F03B14986D50009B" xlink:type="arc" />
    <link:label id="lab_srt_RestatementDomain_D2A6D0089B169CA9798C14986D519C27_terseLabel_en-US" xlink:label="lab_srt_RestatementDomain_D2A6D0089B169CA9798C14986D519C27" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restatement [Domain]</link:label>
    <link:label id="lab_srt_RestatementDomain_D2A6D0089B169CA9798C14986D519C27_label_en-US" xlink:label="lab_srt_RestatementDomain_D2A6D0089B169CA9798C14986D519C27" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restatement [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_RestatementDomain" xlink:label="loc_srt_RestatementDomain_D2A6D0089B169CA9798C14986D519C27" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_RestatementDomain_D2A6D0089B169CA9798C14986D519C27" xlink:to="lab_srt_RestatementDomain_D2A6D0089B169CA9798C14986D519C27" xlink:type="arc" />
    <link:label id="lab_srt_RestatementAdjustmentMember_0454C3FCA5B8E9D04FE614986D5104CF_terseLabel_en-US" xlink:label="lab_srt_RestatementAdjustmentMember_0454C3FCA5B8E9D04FE614986D5104CF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restatement Adjustment</link:label>
    <link:label id="lab_srt_RestatementAdjustmentMember_0454C3FCA5B8E9D04FE614986D5104CF_label_en-US" xlink:label="lab_srt_RestatementAdjustmentMember_0454C3FCA5B8E9D04FE614986D5104CF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restatement Adjustment [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_RestatementAdjustmentMember" xlink:label="loc_srt_RestatementAdjustmentMember_0454C3FCA5B8E9D04FE614986D5104CF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_RestatementAdjustmentMember_0454C3FCA5B8E9D04FE614986D5104CF" xlink:to="lab_srt_RestatementAdjustmentMember_0454C3FCA5B8E9D04FE614986D5104CF" xlink:type="arc" />
    <link:label id="lab_ndaq_MarketServicesMember_B5696FF670815FAAEE3C14986D53E48C_verboseLabel_en-US" xlink:label="lab_ndaq_MarketServicesMember_B5696FF670815FAAEE3C14986D53E48C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Market Services</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_MarketServicesMember" xlink:label="loc_ndaq_MarketServicesMember_B5696FF670815FAAEE3C14986D53E48C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_MarketServicesMember_B5696FF670815FAAEE3C14986D53E48C" xlink:to="lab_ndaq_MarketServicesMember_B5696FF670815FAAEE3C14986D53E48C" xlink:type="arc" />
    <link:label id="lab_ndaq_CorporateServicesMember_43E5433E3F346BEA9F2614986D53D2F8_verboseLabel_en-US" xlink:label="lab_ndaq_CorporateServicesMember_43E5433E3F346BEA9F2614986D53D2F8" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Corporate Services</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_CorporateServicesMember" xlink:label="loc_ndaq_CorporateServicesMember_43E5433E3F346BEA9F2614986D53D2F8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_CorporateServicesMember_43E5433E3F346BEA9F2614986D53D2F8" xlink:to="lab_ndaq_CorporateServicesMember_43E5433E3F346BEA9F2614986D53D2F8" xlink:type="arc" />
    <link:label id="lab_ndaq_InformationServicesMember_030CC16FDC096C64B09114986D54D84F_terseLabel_en-US" xlink:label="lab_ndaq_InformationServicesMember_030CC16FDC096C64B09114986D54D84F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Information Services</link:label>
    <link:label id="lab_ndaq_InformationServicesMember_030CC16FDC096C64B09114986D54D84F_label_en-US" xlink:label="lab_ndaq_InformationServicesMember_030CC16FDC096C64B09114986D54D84F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Information Services [Member]</link:label>
    <link:label id="lab_ndaq_InformationServicesMember_030CC16FDC096C64B09114986D54D84F_documentation_en-US" xlink:label="lab_ndaq_InformationServicesMember_030CC16FDC096C64B09114986D54D84F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Information Services [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_InformationServicesMember" xlink:label="loc_ndaq_InformationServicesMember_030CC16FDC096C64B09114986D54D84F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_InformationServicesMember_030CC16FDC096C64B09114986D54D84F" xlink:to="lab_ndaq_InformationServicesMember_030CC16FDC096C64B09114986D54D84F" xlink:type="arc" />
    <link:label id="lab_us-gaap_TechnologyServiceMember_208813BAB927C8C0D94F14986D558CB8_terseLabel_en-US" xlink:label="lab_us-gaap_TechnologyServiceMember_208813BAB927C8C0D94F14986D558CB8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Market Technology</link:label>
    <link:label id="lab_us-gaap_TechnologyServiceMember_208813BAB927C8C0D94F14986D558CB8_label_en-US" xlink:label="lab_us-gaap_TechnologyServiceMember_208813BAB927C8C0D94F14986D558CB8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Technology Service [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_TechnologyServiceMember" xlink:label="loc_us-gaap_TechnologyServiceMember_208813BAB927C8C0D94F14986D558CB8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TechnologyServiceMember_208813BAB927C8C0D94F14986D558CB8" xlink:to="lab_us-gaap_TechnologyServiceMember_208813BAB927C8C0D94F14986D558CB8" xlink:type="arc" />
    <link:label id="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems_21750AA1C6BF8AA6237414986D55DB18_terseLabel_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems_21750AA1C6BF8AA6237414986D55DB18" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">New Accounting Pronouncements or Change in Accounting Principle [Line Items]</link:label>
    <link:label id="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems_21750AA1C6BF8AA6237414986D55DB18_label_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems_21750AA1C6BF8AA6237414986D55DB18" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">New Accounting Pronouncements or Change in Accounting Principle [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems" xlink:label="loc_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems_21750AA1C6BF8AA6237414986D55DB18" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems_21750AA1C6BF8AA6237414986D55DB18" xlink:to="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleLineItems_21750AA1C6BF8AA6237414986D55DB18" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevenuesAbstract_F7A8F8ED005122EEE22D14986D55600B_terseLabel_en-US" xlink:label="lab_us-gaap_RevenuesAbstract_F7A8F8ED005122EEE22D14986D55600B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenues:</link:label>
    <link:label id="lab_us-gaap_RevenuesAbstract_F7A8F8ED005122EEE22D14986D55600B_label_en-US" xlink:label="lab_us-gaap_RevenuesAbstract_F7A8F8ED005122EEE22D14986D55600B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenues [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="loc_us-gaap_RevenuesAbstract_F7A8F8ED005122EEE22D14986D55600B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenuesAbstract_F7A8F8ED005122EEE22D14986D55600B" xlink:to="lab_us-gaap_RevenuesAbstract_F7A8F8ED005122EEE22D14986D55600B" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax_112D954DACDBE9E6C97914986D561170_terseLabel_en-US" xlink:label="lab_us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax_112D954DACDBE9E6C97914986D561170" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total revenues</link:label>
    <link:label id="lab_us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax_112D954DACDBE9E6C97914986D561170_label_en-US" xlink:label="lab_us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax_112D954DACDBE9E6C97914986D561170" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue from Contract with Customer, Excluding Assessed Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax" xlink:label="loc_us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax_112D954DACDBE9E6C97914986D561170" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax_112D954DACDBE9E6C97914986D561170" xlink:to="lab_us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax_112D954DACDBE9E6C97914986D561170" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingExpenses_16D8B60B7B8B1978CFC914986D563F7B_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingExpenses_16D8B60B7B8B1978CFC914986D563F7B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total operating expenses</link:label>
    <link:label id="lab_us-gaap_OperatingExpenses_16D8B60B7B8B1978CFC914986D563F7B_label_en-US" xlink:label="lab_us-gaap_OperatingExpenses_16D8B60B7B8B1978CFC914986D563F7B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Expenses</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="loc_us-gaap_OperatingExpenses_16D8B60B7B8B1978CFC914986D563F7B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingExpenses_16D8B60B7B8B1978CFC914986D563F7B" xlink:to="lab_us-gaap_OperatingExpenses_16D8B60B7B8B1978CFC914986D563F7B" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_048875746672B26D09F714986D576503_totalLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_048875746672B26D09F714986D576503" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Income before income taxes</link:label>
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_048875746672B26D09F714986D576503_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_048875746672B26D09F714986D576503" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_048875746672B26D09F714986D576503" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_048875746672B26D09F714986D576503" xlink:to="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_048875746672B26D09F714986D576503" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_4BE70FDA70983C77E53F14986D57E6E7_verboseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_4BE70FDA70983C77E53F14986D57E6E7" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Income tax provision</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_4BE70FDA70983C77E53F14986D57E6E7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_4BE70FDA70983C77E53F14986D57E6E7" xlink:to="lab_us-gaap_IncomeTaxExpenseBenefit_4BE70FDA70983C77E53F14986D57E6E7" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetIncomeLoss_0841AEFEB641FFBD741114986D66C7AF_totalLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLoss_0841AEFEB641FFBD741114986D66C7AF" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net income attributable to Nasdaq</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaap_NetIncomeLoss_0841AEFEB641FFBD741114986D66C7AF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLoss_0841AEFEB641FFBD741114986D66C7AF" xlink:to="lab_us-gaap_NetIncomeLoss_0841AEFEB641FFBD741114986D66C7AF" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareDiluted_0119D6AD9A72A2AE9F9414986D671AB0_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareDiluted_0119D6AD9A72A2AE9F9414986D671AB0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Diluted earnings per share (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareDiluted_0119D6AD9A72A2AE9F9414986D671AB0_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareDiluted_0119D6AD9A72A2AE9F9414986D671AB0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Diluted</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="loc_us-gaap_EarningsPerShareDiluted_0119D6AD9A72A2AE9F9414986D671AB0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareDiluted_0119D6AD9A72A2AE9F9414986D671AB0" xlink:to="lab_us-gaap_EarningsPerShareDiluted_0119D6AD9A72A2AE9F9414986D671AB0" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetsAbstract_D1826DA13E10AD8E7B3F14986D67F506_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsAbstract_D1826DA13E10AD8E7B3F14986D67F506" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:label id="lab_us-gaap_AssetsAbstract_D1826DA13E10AD8E7B3F14986D67F506_label_en-US" xlink:label="lab_us-gaap_AssetsAbstract_D1826DA13E10AD8E7B3F14986D67F506" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="loc_us-gaap_AssetsAbstract_D1826DA13E10AD8E7B3F14986D67F506" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsAbstract_D1826DA13E10AD8E7B3F14986D67F506" xlink:to="lab_us-gaap_AssetsAbstract_D1826DA13E10AD8E7B3F14986D67F506" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherAssetsCurrent_4287E66BBEBFE6F49C2414986D67ECA2_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssetsCurrent_4287E66BBEBFE6F49C2414986D67ECA2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other current assets</link:label>
    <link:label id="lab_us-gaap_OtherAssetsCurrent_4287E66BBEBFE6F49C2414986D67ECA2_label_en-US" xlink:label="lab_us-gaap_OtherAssetsCurrent_4287E66BBEBFE6F49C2414986D67ECA2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Assets, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherAssetsCurrent" xlink:label="loc_us-gaap_OtherAssetsCurrent_4287E66BBEBFE6F49C2414986D67ECA2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssetsCurrent_4287E66BBEBFE6F49C2414986D67ECA2" xlink:to="lab_us-gaap_OtherAssetsCurrent_4287E66BBEBFE6F49C2414986D67ECA2" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherAssetsNoncurrent_1B43519E42F98958D12B14986D6886C1_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssetsNoncurrent_1B43519E42F98958D12B14986D6886C1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other non-current assets</link:label>
    <link:label id="lab_us-gaap_OtherAssetsNoncurrent_1B43519E42F98958D12B14986D6886C1_label_en-US" xlink:label="lab_us-gaap_OtherAssetsNoncurrent_1B43519E42F98958D12B14986D6886C1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Assets, Noncurrent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherAssetsNoncurrent" xlink:label="loc_us-gaap_OtherAssetsNoncurrent_1B43519E42F98958D12B14986D6886C1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssetsNoncurrent_1B43519E42F98958D12B14986D6886C1" xlink:to="lab_us-gaap_OtherAssetsNoncurrent_1B43519E42F98958D12B14986D6886C1" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsGross_99B1FA8D9C632A54C13314986D685DA6_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsGross_99B1FA8D9C632A54C13314986D685DA6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax assets</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsGross_99B1FA8D9C632A54C13314986D685DA6_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsGross_99B1FA8D9C632A54C13314986D685DA6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Gross</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="loc_us-gaap_DeferredTaxAssetsGross_99B1FA8D9C632A54C13314986D685DA6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsGross_99B1FA8D9C632A54C13314986D685DA6" xlink:to="lab_us-gaap_DeferredTaxAssetsGross_99B1FA8D9C632A54C13314986D685DA6" xlink:type="arc" />
    <link:label id="lab_us-gaap_Assets_7AD8DEED244BC4E15BAE14986D685324_totalLabel_en-US" xlink:label="lab_us-gaap_Assets_7AD8DEED244BC4E15BAE14986D685324" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total assets</link:label>
    <link:label id="lab_us-gaap_Assets_7AD8DEED244BC4E15BAE14986D685324_label_en-US" xlink:label="lab_us-gaap_Assets_7AD8DEED244BC4E15BAE14986D685324" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_7AD8DEED244BC4E15BAE14986D685324" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Assets_7AD8DEED244BC4E15BAE14986D685324" xlink:to="lab_us-gaap_Assets_7AD8DEED244BC4E15BAE14986D685324" xlink:type="arc" />
    <link:label id="lab_us-gaap_LiabilitiesAbstract_8FC50F00D333F972836E14986D699619_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAbstract_8FC50F00D333F972836E14986D699619" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities</link:label>
    <link:label id="lab_us-gaap_LiabilitiesAbstract_8FC50F00D333F972836E14986D699619_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAbstract_8FC50F00D333F972836E14986D699619" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:label="loc_us-gaap_LiabilitiesAbstract_8FC50F00D333F972836E14986D699619" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesAbstract_8FC50F00D333F972836E14986D699619" xlink:to="lab_us-gaap_LiabilitiesAbstract_8FC50F00D333F972836E14986D699619" xlink:type="arc" />
    <link:label id="lab_us-gaap_ContractWithCustomerLiabilityCurrent_12F7FDD4E094EF8776DF14986D69F834_terseLabel_en-US" xlink:label="lab_us-gaap_ContractWithCustomerLiabilityCurrent_12F7FDD4E094EF8776DF14986D69F834" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred revenue</link:label>
    <link:label id="lab_us-gaap_ContractWithCustomerLiabilityCurrent_12F7FDD4E094EF8776DF14986D69F834_label_en-US" xlink:label="lab_us-gaap_ContractWithCustomerLiabilityCurrent_12F7FDD4E094EF8776DF14986D69F834" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contract with Customer, Liability, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ContractWithCustomerLiabilityCurrent" xlink:label="loc_us-gaap_ContractWithCustomerLiabilityCurrent_12F7FDD4E094EF8776DF14986D69F834" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ContractWithCustomerLiabilityCurrent_12F7FDD4E094EF8776DF14986D69F834" xlink:to="lab_us-gaap_ContractWithCustomerLiabilityCurrent_12F7FDD4E094EF8776DF14986D69F834" xlink:type="arc" />
    <link:label id="lab_us-gaap_ContractWithCustomerLiabilityNoncurrent_FCB2DBA598CC1B26980E14986D6AEAF0_terseLabel_en-US" xlink:label="lab_us-gaap_ContractWithCustomerLiabilityNoncurrent_FCB2DBA598CC1B26980E14986D6AEAF0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-current deferred revenue</link:label>
    <link:label id="lab_us-gaap_ContractWithCustomerLiabilityNoncurrent_FCB2DBA598CC1B26980E14986D6AEAF0_label_en-US" xlink:label="lab_us-gaap_ContractWithCustomerLiabilityNoncurrent_FCB2DBA598CC1B26980E14986D6AEAF0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contract with Customer, Liability, Noncurrent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ContractWithCustomerLiabilityNoncurrent" xlink:label="loc_us-gaap_ContractWithCustomerLiabilityNoncurrent_FCB2DBA598CC1B26980E14986D6AEAF0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ContractWithCustomerLiabilityNoncurrent_FCB2DBA598CC1B26980E14986D6AEAF0" xlink:to="lab_us-gaap_ContractWithCustomerLiabilityNoncurrent_FCB2DBA598CC1B26980E14986D6AEAF0" xlink:type="arc" />
    <link:label id="lab_us-gaap_Liabilities_8E3B67055EB968AC049114986D6ADD86_terseLabel_en-US" xlink:label="lab_us-gaap_Liabilities_8E3B67055EB968AC049114986D6ADD86" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total liabilities</link:label>
    <link:label id="lab_us-gaap_Liabilities_8E3B67055EB968AC049114986D6ADD86_label_en-US" xlink:label="lab_us-gaap_Liabilities_8E3B67055EB968AC049114986D6ADD86" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_Liabilities" xlink:label="loc_us-gaap_Liabilities_8E3B67055EB968AC049114986D6ADD86" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Liabilities_8E3B67055EB968AC049114986D6ADD86" xlink:to="lab_us-gaap_Liabilities_8E3B67055EB968AC049114986D6ADD86" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquityAbstract_8B9A83AAA96D75948B4714986D6B1756_terseLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityAbstract_8B9A83AAA96D75948B4714986D6B1756" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Nasdaq stockholders&#8217; equity:</link:label>
    <link:label id="lab_us-gaap_StockholdersEquityAbstract_8B9A83AAA96D75948B4714986D6B1756_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityAbstract_8B9A83AAA96D75948B4714986D6B1756" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity Attributable to Parent [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StockholdersEquityAbstract" xlink:label="loc_us-gaap_StockholdersEquityAbstract_8B9A83AAA96D75948B4714986D6B1756" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquityAbstract_8B9A83AAA96D75948B4714986D6B1756" xlink:to="lab_us-gaap_StockholdersEquityAbstract_8B9A83AAA96D75948B4714986D6B1756" xlink:type="arc" />
    <link:label id="lab_us-gaap_RetainedEarningsAccumulatedDeficit_D2CEEB7C9BAFEBF9854514986D6B6A5C_terseLabel_en-US" xlink:label="lab_us-gaap_RetainedEarningsAccumulatedDeficit_D2CEEB7C9BAFEBF9854514986D6B6A5C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retained earnings</link:label>
    <link:label id="lab_us-gaap_RetainedEarningsAccumulatedDeficit_D2CEEB7C9BAFEBF9854514986D6B6A5C_label_en-US" xlink:label="lab_us-gaap_RetainedEarningsAccumulatedDeficit_D2CEEB7C9BAFEBF9854514986D6B6A5C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retained Earnings (Accumulated Deficit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="loc_us-gaap_RetainedEarningsAccumulatedDeficit_D2CEEB7C9BAFEBF9854514986D6B6A5C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RetainedEarningsAccumulatedDeficit_D2CEEB7C9BAFEBF9854514986D6B6A5C" xlink:to="lab_us-gaap_RetainedEarningsAccumulatedDeficit_D2CEEB7C9BAFEBF9854514986D6B6A5C" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquity_649F7D7BDEBCA4DF3C7414986D6B0E5C_terseLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquity_649F7D7BDEBCA4DF3C7414986D6B0E5C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total Nasdaq stockholders' equity</link:label>
    <link:label id="lab_us-gaap_StockholdersEquity_649F7D7BDEBCA4DF3C7414986D6B0E5C_label_en-US" xlink:label="lab_us-gaap_StockholdersEquity_649F7D7BDEBCA4DF3C7414986D6B0E5C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity Attributable to Parent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaap_StockholdersEquity_649F7D7BDEBCA4DF3C7414986D6B0E5C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquity_649F7D7BDEBCA4DF3C7414986D6B0E5C" xlink:to="lab_us-gaap_StockholdersEquity_649F7D7BDEBCA4DF3C7414986D6B0E5C" xlink:type="arc" />
    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquity_E7859EC6E4E35043527F14986D6BD48D_totalLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquity_E7859EC6E4E35043527F14986D6BD48D" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total liabilities and equity</link:label>
    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquity_E7859EC6E4E35043527F14986D6BD48D_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquity_E7859EC6E4E35043527F14986D6BD48D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities and Equity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquity_E7859EC6E4E35043527F14986D6BD48D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_E7859EC6E4E35043527F14986D6BD48D" xlink:to="lab_us-gaap_LiabilitiesAndStockholdersEquity_E7859EC6E4E35043527F14986D6BD48D" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventsAbstract_51CFB87E97988E24456DE57D91D9109D_label_en-US" xlink:label="lab_us-gaap_SubsequentEventsAbstract_CD8C1617DAB65542A2877559828E8C3D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Events [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SubsequentEventsAbstract" xlink:label="loc_us-gaap_SubsequentEventsAbstract_CD8C1617DAB65542A2877559828E8C3D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventsAbstract_CD8C1617DAB65542A2877559828E8C3D" xlink:to="lab_us-gaap_SubsequentEventsAbstract_CD8C1617DAB65542A2877559828E8C3D" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventsTextBlock_AC11DE84AD9E056D09E8E57D91D904CB_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventsTextBlock_90F007947F9954659A992A768AA9379D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent Events</link:label>
    <link:label id="lab_us-gaap_SubsequentEventsTextBlock_AC11DE84AD9E056D09E8E57D91D904CB_label_en-US" xlink:label="lab_us-gaap_SubsequentEventsTextBlock_90F007947F9954659A992A768AA9379D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Events [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SubsequentEventsTextBlock" xlink:label="loc_us-gaap_SubsequentEventsTextBlock_90F007947F9954659A992A768AA9379D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventsTextBlock_90F007947F9954659A992A768AA9379D" xlink:to="lab_us-gaap_SubsequentEventsTextBlock_90F007947F9954659A992A768AA9379D" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityAbstract_71663C2EB9F4E780DD3FCF76EA25E675_label_en-US" xlink:label="lab_us-gaap_EquityAbstract_71663C2EB9F4E780DD3FCF76EA25E675" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EquityAbstract" xlink:label="loc_us-gaap_EquityAbstract_71663C2EB9F4E780DD3FCF76EA25E675" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityAbstract_71663C2EB9F4E780DD3FCF76EA25E675" xlink:to="lab_us-gaap_EquityAbstract_71663C2EB9F4E780DD3FCF76EA25E675" xlink:type="arc" />
    <link:label id="lab_ndaq_StockholdersEquityTable_F13D5A9413631051A3D2CF76EA286BA2_terseLabel_en-US" xlink:label="lab_ndaq_StockholdersEquityTable_F13D5A9413631051A3D2CF76EA286BA2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stockholders' Equity [Table]</link:label>
    <link:label id="lab_ndaq_StockholdersEquityTable_F13D5A9413631051A3D2CF76EA286BA2_label_en-US" xlink:label="lab_ndaq_StockholdersEquityTable_F13D5A9413631051A3D2CF76EA286BA2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders Equity [Table]</link:label>
    <link:label id="lab_ndaq_StockholdersEquityTable_F13D5A9413631051A3D2CF76EA286BA2_documentation_en-US" xlink:label="lab_ndaq_StockholdersEquityTable_F13D5A9413631051A3D2CF76EA286BA2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Stockholders' Equity [Table]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_StockholdersEquityTable" xlink:label="loc_ndaq_StockholdersEquityTable_F13D5A9413631051A3D2CF76EA286BA2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_StockholdersEquityTable_F13D5A9413631051A3D2CF76EA286BA2" xlink:to="lab_ndaq_StockholdersEquityTable_F13D5A9413631051A3D2CF76EA286BA2" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventTypeAxis_4E3A0FD2261F5806A17FCF76EA28CB5C_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventTypeAxis_4E3A0FD2261F5806A17FCF76EA28CB5C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent Event Type [Axis]</link:label>
    <link:label id="lab_us-gaap_SubsequentEventTypeAxis_4E3A0FD2261F5806A17FCF76EA28CB5C_label_en-US" xlink:label="lab_us-gaap_SubsequentEventTypeAxis_4E3A0FD2261F5806A17FCF76EA28CB5C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Event Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="loc_us-gaap_SubsequentEventTypeAxis_4E3A0FD2261F5806A17FCF76EA28CB5C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventTypeAxis_4E3A0FD2261F5806A17FCF76EA28CB5C" xlink:to="lab_us-gaap_SubsequentEventTypeAxis_4E3A0FD2261F5806A17FCF76EA28CB5C" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventTypeDomain_780078EA14F7D0A80A4CCF76EA288C6E_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventTypeDomain_780078EA14F7D0A80A4CCF76EA288C6E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent Event Type [Domain]</link:label>
    <link:label id="lab_us-gaap_SubsequentEventTypeDomain_780078EA14F7D0A80A4CCF76EA288C6E_label_en-US" xlink:label="lab_us-gaap_SubsequentEventTypeDomain_780078EA14F7D0A80A4CCF76EA288C6E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Event Type [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="loc_us-gaap_SubsequentEventTypeDomain_780078EA14F7D0A80A4CCF76EA288C6E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventTypeDomain_780078EA14F7D0A80A4CCF76EA288C6E" xlink:to="lab_us-gaap_SubsequentEventTypeDomain_780078EA14F7D0A80A4CCF76EA288C6E" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventMember_BD18351580AD2E4735B7CF76EA293C21_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventMember_BD18351580AD2E4735B7CF76EA293C21" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent Event</link:label>
    <link:label id="lab_us-gaap_SubsequentEventMember_BD18351580AD2E4735B7CF76EA293C21_label_en-US" xlink:label="lab_us-gaap_SubsequentEventMember_BD18351580AD2E4735B7CF76EA293C21" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Event [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SubsequentEventMember" xlink:label="loc_us-gaap_SubsequentEventMember_BD18351580AD2E4735B7CF76EA293C21" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventMember_BD18351580AD2E4735B7CF76EA293C21" xlink:to="lab_us-gaap_SubsequentEventMember_BD18351580AD2E4735B7CF76EA293C21" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementClassOfStockAxis_6AC39007C039124E127ECF76EA29DDF2_terseLabel_en-US" xlink:label="lab_us-gaap_StatementClassOfStockAxis_6AC39007C039124E127ECF76EA29DDF2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class of Stock [Axis]</link:label>
    <link:label id="lab_us-gaap_StatementClassOfStockAxis_6AC39007C039124E127ECF76EA29DDF2_label_en-US" xlink:label="lab_us-gaap_StatementClassOfStockAxis_6AC39007C039124E127ECF76EA29DDF2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class of Stock [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="loc_us-gaap_StatementClassOfStockAxis_6AC39007C039124E127ECF76EA29DDF2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementClassOfStockAxis_6AC39007C039124E127ECF76EA29DDF2" xlink:to="lab_us-gaap_StatementClassOfStockAxis_6AC39007C039124E127ECF76EA29DDF2" xlink:type="arc" />
    <link:label id="lab_us-gaap_ClassOfStockDomain_3A9A4B8E53C5267AD622CF76EA2A37C0_terseLabel_en-US" xlink:label="lab_us-gaap_ClassOfStockDomain_3A9A4B8E53C5267AD622CF76EA2A37C0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class of Stock [Domain]</link:label>
    <link:label id="lab_us-gaap_ClassOfStockDomain_3A9A4B8E53C5267AD622CF76EA2A37C0_label_en-US" xlink:label="lab_us-gaap_ClassOfStockDomain_3A9A4B8E53C5267AD622CF76EA2A37C0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class of Stock [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="loc_us-gaap_ClassOfStockDomain_3A9A4B8E53C5267AD622CF76EA2A37C0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ClassOfStockDomain_3A9A4B8E53C5267AD622CF76EA2A37C0" xlink:to="lab_us-gaap_ClassOfStockDomain_3A9A4B8E53C5267AD622CF76EA2A37C0" xlink:type="arc" />
    <link:label id="lab_ndaq_OtherRepurchasesOfCommonStockMember_550A9827261881D978E2CF76EA2A9B9C_terseLabel_en-US" xlink:label="lab_ndaq_OtherRepurchasesOfCommonStockMember_550A9827261881D978E2CF76EA2A9B9C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Repurchases of Common Stock</link:label>
    <link:label id="lab_ndaq_OtherRepurchasesOfCommonStockMember_550A9827261881D978E2CF76EA2A9B9C_label_en-US" xlink:label="lab_ndaq_OtherRepurchasesOfCommonStockMember_550A9827261881D978E2CF76EA2A9B9C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Repurchases Of Common Stock [Member]</link:label>
    <link:label id="lab_ndaq_OtherRepurchasesOfCommonStockMember_550A9827261881D978E2CF76EA2A9B9C_documentation_en-US" xlink:label="lab_ndaq_OtherRepurchasesOfCommonStockMember_550A9827261881D978E2CF76EA2A9B9C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Repurchases of Common Stock [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_OtherRepurchasesOfCommonStockMember" xlink:label="loc_ndaq_OtherRepurchasesOfCommonStockMember_550A9827261881D978E2CF76EA2A9B9C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_OtherRepurchasesOfCommonStockMember_550A9827261881D978E2CF76EA2A9B9C" xlink:to="lab_ndaq_OtherRepurchasesOfCommonStockMember_550A9827261881D978E2CF76EA2A9B9C" xlink:type="arc" />
    <link:label id="lab_us-gaap_SeriesAPreferredStockMember_7AC32B406D7D7B598C2ACF76EA2A6E16_terseLabel_en-US" xlink:label="lab_us-gaap_SeriesAPreferredStockMember_7AC32B406D7D7B598C2ACF76EA2A6E16" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series A Preferred Stock</link:label>
    <link:label id="lab_us-gaap_SeriesAPreferredStockMember_7AC32B406D7D7B598C2ACF76EA2A6E16_label_en-US" xlink:label="lab_us-gaap_SeriesAPreferredStockMember_7AC32B406D7D7B598C2ACF76EA2A6E16" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series A Preferred Stock [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SeriesAPreferredStockMember" xlink:label="loc_us-gaap_SeriesAPreferredStockMember_7AC32B406D7D7B598C2ACF76EA2A6E16" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SeriesAPreferredStockMember_7AC32B406D7D7B598C2ACF76EA2A6E16" xlink:to="lab_us-gaap_SeriesAPreferredStockMember_7AC32B406D7D7B598C2ACF76EA2A6E16" xlink:type="arc" />
    <link:label id="lab_ndaq_StockholdersEquityLineItems_D86D11406CE3D7CDBFF3CF76EA2AE28C_terseLabel_en-US" xlink:label="lab_ndaq_StockholdersEquityLineItems_D86D11406CE3D7CDBFF3CF76EA2AE28C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stockholders Equity [Line Items]</link:label>
    <link:label id="lab_ndaq_StockholdersEquityLineItems_D86D11406CE3D7CDBFF3CF76EA2AE28C_label_en-US" xlink:label="lab_ndaq_StockholdersEquityLineItems_D86D11406CE3D7CDBFF3CF76EA2AE28C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders Equity [Line Items]</link:label>
    <link:label id="lab_ndaq_StockholdersEquityLineItems_D86D11406CE3D7CDBFF3CF76EA2AE28C_documentation_en-US" xlink:label="lab_ndaq_StockholdersEquityLineItems_D86D11406CE3D7CDBFF3CF76EA2AE28C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Stockholders Equity [Line Items]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_StockholdersEquityLineItems" xlink:label="loc_ndaq_StockholdersEquityLineItems_D86D11406CE3D7CDBFF3CF76EA2AE28C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_StockholdersEquityLineItems_D86D11406CE3D7CDBFF3CF76EA2AE28C" xlink:to="lab_ndaq_StockholdersEquityLineItems_D86D11406CE3D7CDBFF3CF76EA2AE28C" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockSharesAuthorized_06430158FC5F1B0055B4CF76EA2BC465_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesAuthorized_06430158FC5F1B0055B4CF76EA2BC465" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, shares authorized (in shares)</link:label>
    <link:label id="lab_us-gaap_CommonStockSharesAuthorized_06430158FC5F1B0055B4CF76EA2BC465_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesAuthorized_06430158FC5F1B0055B4CF76EA2BC465" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Shares Authorized</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="loc_us-gaap_CommonStockSharesAuthorized_06430158FC5F1B0055B4CF76EA2BC465" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesAuthorized_06430158FC5F1B0055B4CF76EA2BC465" xlink:to="lab_us-gaap_CommonStockSharesAuthorized_06430158FC5F1B0055B4CF76EA2BC465" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockSharesIssued_5693CCEC9C9B431D52EACF76EA2BB18A_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesIssued_5693CCEC9C9B431D52EACF76EA2BB18A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, shares issued (in shares)</link:label>
    <link:label id="lab_us-gaap_CommonStockSharesIssued_5693CCEC9C9B431D52EACF76EA2BB18A_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesIssued_5693CCEC9C9B431D52EACF76EA2BB18A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Shares, Issued</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="loc_us-gaap_CommonStockSharesIssued_5693CCEC9C9B431D52EACF76EA2BB18A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesIssued_5693CCEC9C9B431D52EACF76EA2BB18A" xlink:to="lab_us-gaap_CommonStockSharesIssued_5693CCEC9C9B431D52EACF76EA2BB18A" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockSharesOutstanding_CED17F011F0AE8E1B0C1CF76EA2B6BCA_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesOutstanding_CED17F011F0AE8E1B0C1CF76EA2B6BCA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, shares outstanding (in shares)</link:label>
    <link:label id="lab_us-gaap_CommonStockSharesOutstanding_CED17F011F0AE8E1B0C1CF76EA2B6BCA_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesOutstanding_CED17F011F0AE8E1B0C1CF76EA2B6BCA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Shares, Outstanding</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="loc_us-gaap_CommonStockSharesOutstanding_CED17F011F0AE8E1B0C1CF76EA2B6BCA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesOutstanding_CED17F011F0AE8E1B0C1CF76EA2B6BCA" xlink:to="lab_us-gaap_CommonStockSharesOutstanding_CED17F011F0AE8E1B0C1CF76EA2B6BCA" xlink:type="arc" />
    <link:label id="lab_ndaq_StockholdersEquityNumberOfVotes_6FE4059035A93331AA66CF76EA2C84FF_terseLabel_en-US" xlink:label="lab_ndaq_StockholdersEquityNumberOfVotes_6FE4059035A93331AA66CF76EA2C84FF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock (in votes per share)</link:label>
    <link:label id="lab_ndaq_StockholdersEquityNumberOfVotes_6FE4059035A93331AA66CF76EA2C84FF_label_en-US" xlink:label="lab_ndaq_StockholdersEquityNumberOfVotes_6FE4059035A93331AA66CF76EA2C84FF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity, Number Of Votes</link:label>
    <link:label id="lab_ndaq_StockholdersEquityNumberOfVotes_6FE4059035A93331AA66CF76EA2C84FF_documentation_en-US" xlink:label="lab_ndaq_StockholdersEquityNumberOfVotes_6FE4059035A93331AA66CF76EA2C84FF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Stockholders' Equity, Number Of Votes</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_StockholdersEquityNumberOfVotes" xlink:label="loc_ndaq_StockholdersEquityNumberOfVotes_6FE4059035A93331AA66CF76EA2C84FF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_StockholdersEquityNumberOfVotes_6FE4059035A93331AA66CF76EA2C84FF" xlink:to="lab_ndaq_StockholdersEquityNumberOfVotes_6FE4059035A93331AA66CF76EA2C84FF" xlink:type="arc" />
    <link:label id="lab_ndaq_CommonStockHolderVotingRights_FAE70A7D3FD6267CC504CF76EA2CCBB2_terseLabel_en-US" xlink:label="lab_ndaq_CommonStockHolderVotingRights_FAE70A7D3FD6267CC504CF76EA2CCBB2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock holder voting rights, maximum percentage of the then-outstanding shares of Nasdaq common stock</link:label>
    <link:label id="lab_ndaq_CommonStockHolderVotingRights_FAE70A7D3FD6267CC504CF76EA2CCBB2_label_en-US" xlink:label="lab_ndaq_CommonStockHolderVotingRights_FAE70A7D3FD6267CC504CF76EA2CCBB2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock Holder Voting Rights</link:label>
    <link:label id="lab_ndaq_CommonStockHolderVotingRights_FAE70A7D3FD6267CC504CF76EA2CCBB2_documentation_en-US" xlink:label="lab_ndaq_CommonStockHolderVotingRights_FAE70A7D3FD6267CC504CF76EA2CCBB2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Common Stock Holder Voting Rights</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_CommonStockHolderVotingRights" xlink:label="loc_ndaq_CommonStockHolderVotingRights_FAE70A7D3FD6267CC504CF76EA2CCBB2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_CommonStockHolderVotingRights_FAE70A7D3FD6267CC504CF76EA2CCBB2" xlink:to="lab_ndaq_CommonStockHolderVotingRights_FAE70A7D3FD6267CC504CF76EA2CCBB2" xlink:type="arc" />
    <link:label id="lab_us-gaap_TreasuryStockShares_A3135146EDB3CA922AC2CF76EA2C7FC7_verboseLabel_en-US" xlink:label="lab_us-gaap_TreasuryStockShares_A3135146EDB3CA922AC2CF76EA2C7FC7" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Common stock in treasury (in shares)</link:label>
    <link:label id="lab_us-gaap_TreasuryStockShares_A3135146EDB3CA922AC2CF76EA2C7FC7_label_en-US" xlink:label="lab_us-gaap_TreasuryStockShares_A3135146EDB3CA922AC2CF76EA2C7FC7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Treasury Stock, Shares</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_TreasuryStockShares" xlink:label="loc_us-gaap_TreasuryStockShares_A3135146EDB3CA922AC2CF76EA2C7FC7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TreasuryStockShares_A3135146EDB3CA922AC2CF76EA2C7FC7" xlink:to="lab_us-gaap_TreasuryStockShares_A3135146EDB3CA922AC2CF76EA2C7FC7" xlink:type="arc" />
    <link:label id="lab_ndaq_ShareRepurchaseProgramAdditionalAmountAuthorized_6B8BD3D306CF09E61389CF76EA2CDCF8_terseLabel_en-US" xlink:label="lab_ndaq_ShareRepurchaseProgramAdditionalAmountAuthorized_6B8BD3D306CF09E61389CF76EA2CDCF8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share repurchase program additional amount authorized</link:label>
    <link:label id="lab_ndaq_ShareRepurchaseProgramAdditionalAmountAuthorized_6B8BD3D306CF09E61389CF76EA2CDCF8_label_en-US" xlink:label="lab_ndaq_ShareRepurchaseProgramAdditionalAmountAuthorized_6B8BD3D306CF09E61389CF76EA2CDCF8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share Repurchase Program, Additional Amount Authorized</link:label>
    <link:label id="lab_ndaq_ShareRepurchaseProgramAdditionalAmountAuthorized_6B8BD3D306CF09E61389CF76EA2CDCF8_documentation_en-US" xlink:label="lab_ndaq_ShareRepurchaseProgramAdditionalAmountAuthorized_6B8BD3D306CF09E61389CF76EA2CDCF8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share Repurchase Program, Additional Amount Authorized</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ShareRepurchaseProgramAdditionalAmountAuthorized" xlink:label="loc_ndaq_ShareRepurchaseProgramAdditionalAmountAuthorized_6B8BD3D306CF09E61389CF76EA2CDCF8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ShareRepurchaseProgramAdditionalAmountAuthorized_6B8BD3D306CF09E61389CF76EA2CDCF8" xlink:to="lab_ndaq_ShareRepurchaseProgramAdditionalAmountAuthorized_6B8BD3D306CF09E61389CF76EA2CDCF8" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockRepurchaseProgramAuthorizedAmount1_F637A0A5BDEAC7836627CF76EA2C6316_terseLabel_en-US" xlink:label="lab_us-gaap_StockRepurchaseProgramAuthorizedAmount1_F637A0A5BDEAC7836627CF76EA2C6316" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share repurchase program, authorized amount</link:label>
    <link:label id="lab_us-gaap_StockRepurchaseProgramAuthorizedAmount1_F637A0A5BDEAC7836627CF76EA2C6316_label_en-US" xlink:label="lab_us-gaap_StockRepurchaseProgramAuthorizedAmount1_F637A0A5BDEAC7836627CF76EA2C6316" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Repurchase Program, Authorized Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StockRepurchaseProgramAuthorizedAmount1" xlink:label="loc_us-gaap_StockRepurchaseProgramAuthorizedAmount1_F637A0A5BDEAC7836627CF76EA2C6316" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockRepurchaseProgramAuthorizedAmount1_F637A0A5BDEAC7836627CF76EA2C6316" xlink:to="lab_us-gaap_StockRepurchaseProgramAuthorizedAmount1_F637A0A5BDEAC7836627CF76EA2C6316" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_F9BA88B059FD9B4BE2FECF76EA2D5A7E_terseLabel_en-US" xlink:label="lab_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_F9BA88B059FD9B4BE2FECF76EA2D5A7E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Remaining authorized share repurchase amounts under repurchase program</link:label>
    <link:label id="lab_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_F9BA88B059FD9B4BE2FECF76EA2D5A7E_label_en-US" xlink:label="lab_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_F9BA88B059FD9B4BE2FECF76EA2D5A7E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Repurchase Program, Remaining Authorized Repurchase Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1" xlink:label="loc_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_F9BA88B059FD9B4BE2FECF76EA2D5A7E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_F9BA88B059FD9B4BE2FECF76EA2D5A7E" xlink:to="lab_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_F9BA88B059FD9B4BE2FECF76EA2D5A7E" xlink:type="arc" />
    <link:label id="lab_us-gaap_TreasuryStockSharesAcquired_A808619CCB7C6E3AE27FCF76EA2DE07F_terseLabel_en-US" xlink:label="lab_us-gaap_TreasuryStockSharesAcquired_A808619CCB7C6E3AE27FCF76EA2DE07F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of shares of common stock repurchased (in shares)</link:label>
    <link:label id="lab_us-gaap_TreasuryStockSharesAcquired_A808619CCB7C6E3AE27FCF76EA2DE07F_label_en-US" xlink:label="lab_us-gaap_TreasuryStockSharesAcquired_A808619CCB7C6E3AE27FCF76EA2DE07F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Treasury Stock, Shares, Acquired</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_TreasuryStockSharesAcquired" xlink:label="loc_us-gaap_TreasuryStockSharesAcquired_A808619CCB7C6E3AE27FCF76EA2DE07F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TreasuryStockSharesAcquired_A808619CCB7C6E3AE27FCF76EA2DE07F" xlink:to="lab_us-gaap_TreasuryStockSharesAcquired_A808619CCB7C6E3AE27FCF76EA2DE07F" xlink:type="arc" />
    <link:label id="lab_us-gaap_PreferredStockSharesAuthorized_39B48B185CA4C28F6B15CF76EA2DD969_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockSharesAuthorized_39B48B185CA4C28F6B15CF76EA2DD969" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred stock, shares authorized (in shares)</link:label>
    <link:label id="lab_us-gaap_PreferredStockSharesAuthorized_39B48B185CA4C28F6B15CF76EA2DD969_label_en-US" xlink:label="lab_us-gaap_PreferredStockSharesAuthorized_39B48B185CA4C28F6B15CF76EA2DD969" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Stock, Shares Authorized</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PreferredStockSharesAuthorized" xlink:label="loc_us-gaap_PreferredStockSharesAuthorized_39B48B185CA4C28F6B15CF76EA2DD969" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockSharesAuthorized_39B48B185CA4C28F6B15CF76EA2DD969" xlink:to="lab_us-gaap_PreferredStockSharesAuthorized_39B48B185CA4C28F6B15CF76EA2DD969" xlink:type="arc" />
    <link:label id="lab_us-gaap_PreferredStockParOrStatedValuePerShare_4E3F330F453637E8E506CF76EA2DB2CE_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockParOrStatedValuePerShare_4E3F330F453637E8E506CF76EA2DB2CE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred stock par value (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_PreferredStockParOrStatedValuePerShare_4E3F330F453637E8E506CF76EA2DB2CE_label_en-US" xlink:label="lab_us-gaap_PreferredStockParOrStatedValuePerShare_4E3F330F453637E8E506CF76EA2DB2CE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Stock, Par or Stated Value Per Share</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PreferredStockParOrStatedValuePerShare" xlink:label="loc_us-gaap_PreferredStockParOrStatedValuePerShare_4E3F330F453637E8E506CF76EA2DB2CE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockParOrStatedValuePerShare_4E3F330F453637E8E506CF76EA2DB2CE" xlink:to="lab_us-gaap_PreferredStockParOrStatedValuePerShare_4E3F330F453637E8E506CF76EA2DB2CE" xlink:type="arc" />
    <link:label id="lab_us-gaap_PreferredStockSharesIssued_B349C2BF8FB57A509436CF76EA2DBE1A_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockSharesIssued_B349C2BF8FB57A509436CF76EA2DBE1A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred stock, series A convertible preferred stock, shares issued (in shares)</link:label>
    <link:label id="lab_us-gaap_PreferredStockSharesIssued_B349C2BF8FB57A509436CF76EA2DBE1A_label_en-US" xlink:label="lab_us-gaap_PreferredStockSharesIssued_B349C2BF8FB57A509436CF76EA2DBE1A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Stock, Shares Issued</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PreferredStockSharesIssued" xlink:label="loc_us-gaap_PreferredStockSharesIssued_B349C2BF8FB57A509436CF76EA2DBE1A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockSharesIssued_B349C2BF8FB57A509436CF76EA2DBE1A" xlink:to="lab_us-gaap_PreferredStockSharesIssued_B349C2BF8FB57A509436CF76EA2DBE1A" xlink:type="arc" />
    <link:label id="lab_us-gaap_PreferredStockSharesOutstanding_D06A36420E943A9BF6DCCF76EA2E8514_terseLabel_en-US" xlink:label="lab_us-gaap_PreferredStockSharesOutstanding_D06A36420E943A9BF6DCCF76EA2E8514" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred stock, series A convertible preferred stock, shares outstanding (in shares)</link:label>
    <link:label id="lab_us-gaap_PreferredStockSharesOutstanding_D06A36420E943A9BF6DCCF76EA2E8514_label_en-US" xlink:label="lab_us-gaap_PreferredStockSharesOutstanding_D06A36420E943A9BF6DCCF76EA2E8514" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Stock, Shares Outstanding</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PreferredStockSharesOutstanding" xlink:label="loc_us-gaap_PreferredStockSharesOutstanding_D06A36420E943A9BF6DCCF76EA2E8514" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PreferredStockSharesOutstanding_D06A36420E943A9BF6DCCF76EA2E8514" xlink:to="lab_us-gaap_PreferredStockSharesOutstanding_D06A36420E943A9BF6DCCF76EA2E8514" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsOfDividendsCommonStock_C5CF60EF2EB8FF17C2D3CF76EA2E0A1D_terseLabel_en-US" xlink:label="lab_us-gaap_PaymentsOfDividendsCommonStock_C5CF60EF2EB8FF17C2D3CF76EA2E0A1D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Payments of dividends</link:label>
    <link:label id="lab_us-gaap_PaymentsOfDividendsCommonStock_C5CF60EF2EB8FF17C2D3CF76EA2E0A1D_label_en-US" xlink:label="lab_us-gaap_PaymentsOfDividendsCommonStock_C5CF60EF2EB8FF17C2D3CF76EA2E0A1D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments of Ordinary Dividends, Common Stock</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PaymentsOfDividendsCommonStock" xlink:label="loc_us-gaap_PaymentsOfDividendsCommonStock_C5CF60EF2EB8FF17C2D3CF76EA2E0A1D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsOfDividendsCommonStock_C5CF60EF2EB8FF17C2D3CF76EA2E0A1D" xlink:to="lab_us-gaap_PaymentsOfDividendsCommonStock_C5CF60EF2EB8FF17C2D3CF76EA2E0A1D" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockDividendsPerShareDeclared_75928E77EEA7EDAD0325CF76EA2FF585_verboseLabel_en-US" xlink:label="lab_us-gaap_CommonStockDividendsPerShareDeclared_75928E77EEA7EDAD0325CF76EA2FF585" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Cash dividends declared per common share (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_CommonStockDividendsPerShareDeclared_75928E77EEA7EDAD0325CF76EA2FF585_label_en-US" xlink:label="lab_us-gaap_CommonStockDividendsPerShareDeclared_75928E77EEA7EDAD0325CF76EA2FF585" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Dividends, Per Share, Declared</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CommonStockDividendsPerShareDeclared" xlink:label="loc_us-gaap_CommonStockDividendsPerShareDeclared_75928E77EEA7EDAD0325CF76EA2FF585" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockDividendsPerShareDeclared_75928E77EEA7EDAD0325CF76EA2FF585" xlink:to="lab_us-gaap_CommonStockDividendsPerShareDeclared_75928E77EEA7EDAD0325CF76EA2FF585" xlink:type="arc" />
    <link:label id="lab_ndaq_CommonStockDividendsPercentIncreaseOverPriorQuarter_D6C2F0695E8547959766CF76EA2F01DC_terseLabel_en-US" xlink:label="lab_ndaq_CommonStockDividendsPercentIncreaseOverPriorQuarter_D6C2F0695E8547959766CF76EA2F01DC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percent increase over prior quarter dividend</link:label>
    <link:label id="lab_ndaq_CommonStockDividendsPercentIncreaseOverPriorQuarter_D6C2F0695E8547959766CF76EA2F01DC_label_en-US" xlink:label="lab_ndaq_CommonStockDividendsPercentIncreaseOverPriorQuarter_D6C2F0695E8547959766CF76EA2F01DC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Dividends, Percent Increase Over Prior Quarter</link:label>
    <link:label id="lab_ndaq_CommonStockDividendsPercentIncreaseOverPriorQuarter_D6C2F0695E8547959766CF76EA2F01DC_documentation_en-US" xlink:label="lab_ndaq_CommonStockDividendsPercentIncreaseOverPriorQuarter_D6C2F0695E8547959766CF76EA2F01DC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Common Stock, Dividends, Percent Increase Over Prior Quarter</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_CommonStockDividendsPercentIncreaseOverPriorQuarter" xlink:label="loc_ndaq_CommonStockDividendsPercentIncreaseOverPriorQuarter_D6C2F0695E8547959766CF76EA2F01DC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_CommonStockDividendsPercentIncreaseOverPriorQuarter_D6C2F0695E8547959766CF76EA2F01DC" xlink:to="lab_ndaq_CommonStockDividendsPercentIncreaseOverPriorQuarter_D6C2F0695E8547959766CF76EA2F01DC" xlink:type="arc" />
    <link:label id="lab_us-gaap_DividendsCommonStockCash_804B8997A2CBE384332FCF76EA2FC5D7_verboseLabel_en-US" xlink:label="lab_us-gaap_DividendsCommonStockCash_804B8997A2CBE384332FCF76EA2FC5D7" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Dividends declared</link:label>
    <link:label id="lab_us-gaap_DividendsCommonStockCash_804B8997A2CBE384332FCF76EA2FC5D7_label_en-US" xlink:label="lab_us-gaap_DividendsCommonStockCash_804B8997A2CBE384332FCF76EA2FC5D7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends, Common Stock, Cash</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DividendsCommonStockCash" xlink:label="loc_us-gaap_DividendsCommonStockCash_804B8997A2CBE384332FCF76EA2FC5D7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DividendsCommonStockCash_804B8997A2CBE384332FCF76EA2FC5D7" xlink:to="lab_us-gaap_DividendsCommonStockCash_804B8997A2CBE384332FCF76EA2FC5D7" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfShortTermDebtTable_9E4EE3B97928882162A57CE75EF30999_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfShortTermDebtTable_CDB974BCF0C35DEDA9F0F0EA62F5D5F2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Short-term Debt [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfShortTermDebtTable_9E4EE3B97928882162A57CE75EF30999_label_en-US" xlink:label="lab_us-gaap_ScheduleOfShortTermDebtTable_CDB974BCF0C35DEDA9F0F0EA62F5D5F2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Short-term Debt [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfShortTermDebtTable" xlink:label="loc_us-gaap_ScheduleOfShortTermDebtTable_CDB974BCF0C35DEDA9F0F0EA62F5D5F2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfShortTermDebtTable_CDB974BCF0C35DEDA9F0F0EA62F5D5F2" xlink:to="lab_us-gaap_ScheduleOfShortTermDebtTable_CDB974BCF0C35DEDA9F0F0EA62F5D5F2" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShortTermDebtTypeAxis_4078FA14FFEDE4C592917CE75EF3BF11_terseLabel_en-US" xlink:label="lab_us-gaap_ShortTermDebtTypeAxis_68A18F2401365FB4B9D36B3CAC8CFC69" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Short-term Debt, Type [Axis]</link:label>
    <link:label id="lab_us-gaap_ShortTermDebtTypeAxis_4078FA14FFEDE4C592917CE75EF3BF11_label_en-US" xlink:label="lab_us-gaap_ShortTermDebtTypeAxis_68A18F2401365FB4B9D36B3CAC8CFC69" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Short-term Debt, Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShortTermDebtTypeAxis" xlink:label="loc_us-gaap_ShortTermDebtTypeAxis_68A18F2401365FB4B9D36B3CAC8CFC69" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShortTermDebtTypeAxis_68A18F2401365FB4B9D36B3CAC8CFC69" xlink:to="lab_us-gaap_ShortTermDebtTypeAxis_68A18F2401365FB4B9D36B3CAC8CFC69" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShortTermDebtTypeDomain_37970EB386F4539BF0A17CE75EF35D08_terseLabel_en-US" xlink:label="lab_us-gaap_ShortTermDebtTypeDomain_74456D89E64E5339A2F9AB1C307BEB39" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Short-term Debt, Type [Domain]</link:label>
    <link:label id="lab_us-gaap_ShortTermDebtTypeDomain_37970EB386F4539BF0A17CE75EF35D08_label_en-US" xlink:label="lab_us-gaap_ShortTermDebtTypeDomain_74456D89E64E5339A2F9AB1C307BEB39" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Short-term Debt, Type [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShortTermDebtTypeDomain" xlink:label="loc_us-gaap_ShortTermDebtTypeDomain_74456D89E64E5339A2F9AB1C307BEB39" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShortTermDebtTypeDomain_74456D89E64E5339A2F9AB1C307BEB39" xlink:to="lab_us-gaap_ShortTermDebtTypeDomain_74456D89E64E5339A2F9AB1C307BEB39" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommercialPaperMember_7EB8B693CFC1202769EA7CE75EF37665_terseLabel_en-US" xlink:label="lab_us-gaap_CommercialPaperMember_8DFEBD89D0775535B12DD74CB35DE87D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commercial paper</link:label>
    <link:label id="lab_us-gaap_CommercialPaperMember_7EB8B693CFC1202769EA7CE75EF37665_label_en-US" xlink:label="lab_us-gaap_CommercialPaperMember_8DFEBD89D0775535B12DD74CB35DE87D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commercial Paper [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CommercialPaperMember" xlink:label="loc_us-gaap_CommercialPaperMember_8DFEBD89D0775535B12DD74CB35DE87D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommercialPaperMember_8DFEBD89D0775535B12DD74CB35DE87D" xlink:to="lab_us-gaap_CommercialPaperMember_8DFEBD89D0775535B12DD74CB35DE87D" xlink:type="arc" />
    <link:label id="lab_srt_MinimumMember_51D15A302FC86CF7AA927CE75EF3ABD9_terseLabel_en-US" xlink:label="lab_srt_MinimumMember_6C95DFF6D3A35390B550D5AECB8EFDC8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Minimum</link:label>
    <link:label id="lab_srt_MinimumMember_51D15A302FC86CF7AA927CE75EF3ABD9_label_en-US" xlink:label="lab_srt_MinimumMember_6C95DFF6D3A35390B550D5AECB8EFDC8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Minimum [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_MinimumMember" xlink:label="loc_srt_MinimumMember_6C95DFF6D3A35390B550D5AECB8EFDC8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_MinimumMember_6C95DFF6D3A35390B550D5AECB8EFDC8" xlink:to="lab_srt_MinimumMember_6C95DFF6D3A35390B550D5AECB8EFDC8" xlink:type="arc" />
    <link:label id="lab_srt_WeightedAverageMember_1C0B867DDCA310B24EC77CE75EF30BFD_terseLabel_en-US" xlink:label="lab_srt_WeightedAverageMember_F0E0BB7103AF51C69DD798F85769BC02" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted Average</link:label>
    <link:label id="lab_srt_WeightedAverageMember_1C0B867DDCA310B24EC77CE75EF30BFD_label_en-US" xlink:label="lab_srt_WeightedAverageMember_F0E0BB7103AF51C69DD798F85769BC02" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted Average [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_WeightedAverageMember" xlink:label="loc_srt_WeightedAverageMember_F0E0BB7103AF51C69DD798F85769BC02" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_WeightedAverageMember_F0E0BB7103AF51C69DD798F85769BC02" xlink:to="lab_srt_WeightedAverageMember_F0E0BB7103AF51C69DD798F85769BC02" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShortTermDebtLineItems_72FDB35CEAE2C6B3BA1B7CE75EF35DC8_terseLabel_en-US" xlink:label="lab_us-gaap_ShortTermDebtLineItems_FC2EAC8403D95C1A99A3D079888E1DFB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Short-term Debt [Line Items]</link:label>
    <link:label id="lab_us-gaap_ShortTermDebtLineItems_72FDB35CEAE2C6B3BA1B7CE75EF35DC8_label_en-US" xlink:label="lab_us-gaap_ShortTermDebtLineItems_FC2EAC8403D95C1A99A3D079888E1DFB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Short-term Debt [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShortTermDebtLineItems" xlink:label="loc_us-gaap_ShortTermDebtLineItems_FC2EAC8403D95C1A99A3D079888E1DFB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShortTermDebtLineItems_FC2EAC8403D95C1A99A3D079888E1DFB" xlink:to="lab_us-gaap_ShortTermDebtLineItems_FC2EAC8403D95C1A99A3D079888E1DFB" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentTerm_9371FA471DEACFE918957CE75EF3A399_verboseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentTerm_927504E7781D5E13B1AC78A0908A0D38" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Maturity period</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentTerm_9371FA471DEACFE918957CE75EF3A399_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentTerm_927504E7781D5E13B1AC78A0908A0D38" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Term</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DebtInstrumentTerm" xlink:label="loc_us-gaap_DebtInstrumentTerm_927504E7781D5E13B1AC78A0908A0D38" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentTerm_927504E7781D5E13B1AC78A0908A0D38" xlink:to="lab_us-gaap_DebtInstrumentTerm_927504E7781D5E13B1AC78A0908A0D38" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtWeightedAverageInterestRate_80658F916CE3F190F55F7CE75EF36467_terseLabel_en-US" xlink:label="lab_us-gaap_DebtWeightedAverageInterestRate_FAFB44E828345C32AC09148F1285488D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted average interest rate</link:label>
    <link:label id="lab_us-gaap_DebtWeightedAverageInterestRate_80658F916CE3F190F55F7CE75EF36467_label_en-US" xlink:label="lab_us-gaap_DebtWeightedAverageInterestRate_FAFB44E828345C32AC09148F1285488D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt, Weighted Average Interest Rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DebtWeightedAverageInterestRate" xlink:label="loc_us-gaap_DebtWeightedAverageInterestRate_FAFB44E828345C32AC09148F1285488D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtWeightedAverageInterestRate_FAFB44E828345C32AC09148F1285488D" xlink:to="lab_us-gaap_DebtWeightedAverageInterestRate_FAFB44E828345C32AC09148F1285488D" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeInstrumentRiskAxis_99A8758325336B532B50C17E02083730_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentRiskAxis_3606D72BD3FA5B328E29E2B6F548E14F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative Instrument [Axis]</link:label>
    <link:label id="lab_us-gaap_DerivativeInstrumentRiskAxis_99A8758325336B532B50C17E02083730_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentRiskAxis_3606D72BD3FA5B328E29E2B6F548E14F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Instrument [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DerivativeInstrumentRiskAxis" xlink:label="loc_us-gaap_DerivativeInstrumentRiskAxis_3606D72BD3FA5B328E29E2B6F548E14F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeInstrumentRiskAxis_3606D72BD3FA5B328E29E2B6F548E14F" xlink:to="lab_us-gaap_DerivativeInstrumentRiskAxis_3606D72BD3FA5B328E29E2B6F548E14F" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeContractTypeDomain_7E8DAD799C05223B8332C17E0208D1E1_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeContractTypeDomain_7D1293C585E25EF48A5FC06D05142979" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative Contract [Domain]</link:label>
    <link:label id="lab_us-gaap_DerivativeContractTypeDomain_7E8DAD799C05223B8332C17E0208D1E1_label_en-US" xlink:label="lab_us-gaap_DerivativeContractTypeDomain_7D1293C585E25EF48A5FC06D05142979" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Contract [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DerivativeContractTypeDomain" xlink:label="loc_us-gaap_DerivativeContractTypeDomain_7D1293C585E25EF48A5FC06D05142979" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeContractTypeDomain_7D1293C585E25EF48A5FC06D05142979" xlink:to="lab_us-gaap_DerivativeContractTypeDomain_7D1293C585E25EF48A5FC06D05142979" xlink:type="arc" />
    <link:label id="lab_ndaq_CommodityForwardsAndOptionsMember_5343835628F50AB1524EC17E0209FA2B_terseLabel_en-US" xlink:label="lab_ndaq_CommodityForwardsAndOptionsMember_B1D30F9B098B5463B3E9015B48AD8080" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commodity and seafood options, futures and forwards</link:label>
    <link:label id="lab_ndaq_CommodityForwardsAndOptionsMember_5343835628F50AB1524EC17E0209FA2B_label_en-US" xlink:label="lab_ndaq_CommodityForwardsAndOptionsMember_B1D30F9B098B5463B3E9015B48AD8080" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commodity Forwards And Options [Member]</link:label>
    <link:label id="lab_ndaq_CommodityForwardsAndOptionsMember_5343835628F50AB1524EC17E0209FA2B_documentation_en-US" xlink:label="lab_ndaq_CommodityForwardsAndOptionsMember_B1D30F9B098B5463B3E9015B48AD8080" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Commodity Forwards And Options [Member].</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_CommodityForwardsAndOptionsMember" xlink:label="loc_ndaq_CommodityForwardsAndOptionsMember_B1D30F9B098B5463B3E9015B48AD8080" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_CommodityForwardsAndOptionsMember_B1D30F9B098B5463B3E9015B48AD8080" xlink:to="lab_ndaq_CommodityForwardsAndOptionsMember_B1D30F9B098B5463B3E9015B48AD8080" xlink:type="arc" />
    <link:label id="lab_ndaq_FixedIncomeOptionsAndFuturesMember_012A58B81F873AAA5785C17E02099F53_terseLabel_en-US" xlink:label="lab_ndaq_FixedIncomeOptionsAndFuturesMember_60CD0F922170591395309ED5644A18AD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fixed-income options and futures</link:label>
    <link:label id="lab_ndaq_FixedIncomeOptionsAndFuturesMember_012A58B81F873AAA5785C17E02099F53_label_en-US" xlink:label="lab_ndaq_FixedIncomeOptionsAndFuturesMember_60CD0F922170591395309ED5644A18AD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fixed Income Options And Futures [Member]</link:label>
    <link:label id="lab_ndaq_FixedIncomeOptionsAndFuturesMember_012A58B81F873AAA5785C17E02099F53_documentation_en-US" xlink:label="lab_ndaq_FixedIncomeOptionsAndFuturesMember_60CD0F922170591395309ED5644A18AD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fixed-Income Options And Futures [Member].</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_FixedIncomeOptionsAndFuturesMember" xlink:label="loc_ndaq_FixedIncomeOptionsAndFuturesMember_60CD0F922170591395309ED5644A18AD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_FixedIncomeOptionsAndFuturesMember_60CD0F922170591395309ED5644A18AD" xlink:to="lab_ndaq_FixedIncomeOptionsAndFuturesMember_60CD0F922170591395309ED5644A18AD" xlink:type="arc" />
    <link:label id="lab_ndaq_StockOptionsAndFuturesMember_26A193D89AF7FCEEA397C17E02097B00_terseLabel_en-US" xlink:label="lab_ndaq_StockOptionsAndFuturesMember_6378EB0CD5E7515099421EEE9F7106C6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock options and futures</link:label>
    <link:label id="lab_ndaq_StockOptionsAndFuturesMember_26A193D89AF7FCEEA397C17E02097B00_label_en-US" xlink:label="lab_ndaq_StockOptionsAndFuturesMember_6378EB0CD5E7515099421EEE9F7106C6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Options And Futures [Member]</link:label>
    <link:label id="lab_ndaq_StockOptionsAndFuturesMember_26A193D89AF7FCEEA397C17E02097B00_documentation_en-US" xlink:label="lab_ndaq_StockOptionsAndFuturesMember_6378EB0CD5E7515099421EEE9F7106C6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Stock Options And Futures [Member].</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_StockOptionsAndFuturesMember" xlink:label="loc_ndaq_StockOptionsAndFuturesMember_6378EB0CD5E7515099421EEE9F7106C6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_StockOptionsAndFuturesMember_6378EB0CD5E7515099421EEE9F7106C6" xlink:to="lab_ndaq_StockOptionsAndFuturesMember_6378EB0CD5E7515099421EEE9F7106C6" xlink:type="arc" />
    <link:label id="lab_ndaq_IndexOptionsAndFuturesMember_6C062769CCD68ABCD33BC17E020959C1_terseLabel_en-US" xlink:label="lab_ndaq_IndexOptionsAndFuturesMember_5178D63FC9E35E219F7A15197EB2ABAC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Index options and futures</link:label>
    <link:label id="lab_ndaq_IndexOptionsAndFuturesMember_6C062769CCD68ABCD33BC17E020959C1_label_en-US" xlink:label="lab_ndaq_IndexOptionsAndFuturesMember_5178D63FC9E35E219F7A15197EB2ABAC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Index Options And Futures [Member]</link:label>
    <link:label id="lab_ndaq_IndexOptionsAndFuturesMember_6C062769CCD68ABCD33BC17E020959C1_documentation_en-US" xlink:label="lab_ndaq_IndexOptionsAndFuturesMember_5178D63FC9E35E219F7A15197EB2ABAC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Index Options And Futures [Member].</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_IndexOptionsAndFuturesMember" xlink:label="loc_ndaq_IndexOptionsAndFuturesMember_5178D63FC9E35E219F7A15197EB2ABAC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_IndexOptionsAndFuturesMember_5178D63FC9E35E219F7A15197EB2ABAC" xlink:to="lab_ndaq_IndexOptionsAndFuturesMember_5178D63FC9E35E219F7A15197EB2ABAC" xlink:type="arc" />
    <link:label id="lab_ndaq_DerivativeContractsMarketValue_DBC2ECFA4B9022C10273C17E020A4A86_terseLabel_en-US" xlink:label="lab_ndaq_DerivativeContractsMarketValue_1F618FE8825C5BC29B6B7BB8C513A6CE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Market value of derivative contracts</link:label>
    <link:label id="lab_ndaq_DerivativeContractsMarketValue_DBC2ECFA4B9022C10273C17E020A4A86_label_en-US" xlink:label="lab_ndaq_DerivativeContractsMarketValue_1F618FE8825C5BC29B6B7BB8C513A6CE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Contracts Market Value</link:label>
    <link:label id="lab_ndaq_DerivativeContractsMarketValue_DBC2ECFA4B9022C10273C17E020A4A86_documentation_en-US" xlink:label="lab_ndaq_DerivativeContractsMarketValue_1F618FE8825C5BC29B6B7BB8C513A6CE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Derivative contracts market value</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_DerivativeContractsMarketValue" xlink:label="loc_ndaq_DerivativeContractsMarketValue_1F618FE8825C5BC29B6B7BB8C513A6CE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_DerivativeContractsMarketValue_1F618FE8825C5BC29B6B7BB8C513A6CE" xlink:to="lab_ndaq_DerivativeContractsMarketValue_1F618FE8825C5BC29B6B7BB8C513A6CE" xlink:type="arc" />
    <link:label id="lab_us-gaap_DerivativeNumberOfInstrumentsHeld_F1C1E74953A3003885B5C17E020A3DC3_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeNumberOfInstrumentsHeld_5C97EB132F245912AD8BE1698EB51F1E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total number of cleared contracts</link:label>
    <link:label id="lab_us-gaap_DerivativeNumberOfInstrumentsHeld_F1C1E74953A3003885B5C17E020A3DC3_label_en-US" xlink:label="lab_us-gaap_DerivativeNumberOfInstrumentsHeld_5C97EB132F245912AD8BE1698EB51F1E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative, Number of Instruments Held</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DerivativeNumberOfInstrumentsHeld" xlink:label="loc_us-gaap_DerivativeNumberOfInstrumentsHeld_5C97EB132F245912AD8BE1698EB51F1E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeNumberOfInstrumentsHeld_5C97EB132F245912AD8BE1698EB51F1E" xlink:to="lab_us-gaap_DerivativeNumberOfInstrumentsHeld_5C97EB132F245912AD8BE1698EB51F1E" xlink:type="arc" />
    <link:label id="lab_ndaq_TotalVolumeInClearedPower_F78DA8BAF38801DBBB0EC17E020AFA7E_terseLabel_en-US" xlink:label="lab_ndaq_TotalVolumeInClearedPower_066450E3A21B59E0AFCA68D4C71BC41C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total volume in cleared power, in Terawatt hours (TWh)</link:label>
    <link:label id="lab_ndaq_TotalVolumeInClearedPower_F78DA8BAF38801DBBB0EC17E020AFA7E_label_en-US" xlink:label="lab_ndaq_TotalVolumeInClearedPower_066450E3A21B59E0AFCA68D4C71BC41C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Volume In Cleared Power</link:label>
    <link:label id="lab_ndaq_TotalVolumeInClearedPower_F78DA8BAF38801DBBB0EC17E020AFA7E_documentation_en-US" xlink:label="lab_ndaq_TotalVolumeInClearedPower_066450E3A21B59E0AFCA68D4C71BC41C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total volume in cleared power.</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_TotalVolumeInClearedPower" xlink:label="loc_ndaq_TotalVolumeInClearedPower_066450E3A21B59E0AFCA68D4C71BC41C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_TotalVolumeInClearedPower_066450E3A21B59E0AFCA68D4C71BC41C" xlink:to="lab_ndaq_TotalVolumeInClearedPower_066450E3A21B59E0AFCA68D4C71BC41C" xlink:type="arc" />
    <link:label id="lab_us-gaap_DiscontinuedOperationsAndDisposalGroupsAbstract_C278991E70136DCA13FEEE87004CC5AB_label_en-US" xlink:label="lab_us-gaap_DiscontinuedOperationsAndDisposalGroupsAbstract_C278991E70136DCA13FEEE87004CC5AB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Discontinued Operations and Disposal Groups [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DiscontinuedOperationsAndDisposalGroupsAbstract" xlink:label="loc_us-gaap_DiscontinuedOperationsAndDisposalGroupsAbstract_C278991E70136DCA13FEEE87004CC5AB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DiscontinuedOperationsAndDisposalGroupsAbstract_C278991E70136DCA13FEEE87004CC5AB" xlink:to="lab_us-gaap_DiscontinuedOperationsAndDisposalGroupsAbstract_C278991E70136DCA13FEEE87004CC5AB" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsTable_BAB6BA431A7958D915B3EE87004DFBBB_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsTable_BAB6BA431A7958D915B3EE87004DFBBB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disposal Groups, Including Discontinued Operations [Table]</link:label>
    <link:label id="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsTable_BAB6BA431A7958D915B3EE87004DFBBB_label_en-US" xlink:label="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsTable_BAB6BA431A7958D915B3EE87004DFBBB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal Groups, Including Discontinued Operations [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsTable" xlink:label="loc_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsTable_BAB6BA431A7958D915B3EE87004DFBBB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsTable_BAB6BA431A7958D915B3EE87004DFBBB" xlink:to="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsTable_BAB6BA431A7958D915B3EE87004DFBBB" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis_467E04C126EE5EB71FF1EE87004D9495_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis_467E04C126EE5EB71FF1EE87004D9495" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disposal Group Name [Axis]</link:label>
    <link:label id="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis_467E04C126EE5EB71FF1EE87004D9495_label_en-US" xlink:label="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis_467E04C126EE5EB71FF1EE87004D9495" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal Group Name [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis" xlink:label="loc_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis_467E04C126EE5EB71FF1EE87004D9495" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis_467E04C126EE5EB71FF1EE87004D9495" xlink:to="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis_467E04C126EE5EB71FF1EE87004D9495" xlink:type="arc" />
    <link:label id="lab_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_3FDA5684BFA64FF21261EE87004DC053_terseLabel_en-US" xlink:label="lab_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_3FDA5684BFA64FF21261EE87004DC053" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disposal Group Name [Domain]</link:label>
    <link:label id="lab_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_3FDA5684BFA64FF21261EE87004DC053_label_en-US" xlink:label="lab_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_3FDA5684BFA64FF21261EE87004DC053" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal Group Name [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain" xlink:label="loc_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_3FDA5684BFA64FF21261EE87004DC053" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_3FDA5684BFA64FF21261EE87004DC053" xlink:to="lab_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsNameDomain_3FDA5684BFA64FF21261EE87004DC053" xlink:type="arc" />
    <link:label id="lab_ndaq_PublicRelationsSolutionsandDigitalMediaServicesMember_92183A0B97514948711AEE87004E6986_terseLabel_en-US" xlink:label="lab_ndaq_PublicRelationsSolutionsandDigitalMediaServicesMember_92183A0B97514948711AEE87004E6986" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Public Relations Solutions and Digital Media Services</link:label>
    <link:label id="lab_ndaq_PublicRelationsSolutionsandDigitalMediaServicesMember_92183A0B97514948711AEE87004E6986_label_en-US" xlink:label="lab_ndaq_PublicRelationsSolutionsandDigitalMediaServicesMember_92183A0B97514948711AEE87004E6986" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Public Relations Solutions and Digital Media Services [Member]</link:label>
    <link:label id="lab_ndaq_PublicRelationsSolutionsandDigitalMediaServicesMember_92183A0B97514948711AEE87004E6986_documentation_en-US" xlink:label="lab_ndaq_PublicRelationsSolutionsandDigitalMediaServicesMember_92183A0B97514948711AEE87004E6986" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Public Relations Solutions and Digital Media Services [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_PublicRelationsSolutionsandDigitalMediaServicesMember" xlink:label="loc_ndaq_PublicRelationsSolutionsandDigitalMediaServicesMember_92183A0B97514948711AEE87004E6986" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_PublicRelationsSolutionsandDigitalMediaServicesMember_92183A0B97514948711AEE87004E6986" xlink:to="lab_ndaq_PublicRelationsSolutionsandDigitalMediaServicesMember_92183A0B97514948711AEE87004E6986" xlink:type="arc" />
    <link:label id="lab_us-gaap_DisposalGroupClassificationAxis_74A71CDEF67DE08843D4EE87004ED923_terseLabel_en-US" xlink:label="lab_us-gaap_DisposalGroupClassificationAxis_74A71CDEF67DE08843D4EE87004ED923" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disposal Group Classification [Axis]</link:label>
    <link:label id="lab_us-gaap_DisposalGroupClassificationAxis_74A71CDEF67DE08843D4EE87004ED923_label_en-US" xlink:label="lab_us-gaap_DisposalGroupClassificationAxis_74A71CDEF67DE08843D4EE87004ED923" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal Group Classification [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DisposalGroupClassificationAxis" xlink:label="loc_us-gaap_DisposalGroupClassificationAxis_74A71CDEF67DE08843D4EE87004ED923" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DisposalGroupClassificationAxis_74A71CDEF67DE08843D4EE87004ED923" xlink:to="lab_us-gaap_DisposalGroupClassificationAxis_74A71CDEF67DE08843D4EE87004ED923" xlink:type="arc" />
    <link:label id="lab_us-gaap_DisposalGroupClassificationDomain_09ACAEE406FF53D7A866EE87004E45B1_terseLabel_en-US" xlink:label="lab_us-gaap_DisposalGroupClassificationDomain_09ACAEE406FF53D7A866EE87004E45B1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disposal Group Classification [Domain]</link:label>
    <link:label id="lab_us-gaap_DisposalGroupClassificationDomain_09ACAEE406FF53D7A866EE87004E45B1_label_en-US" xlink:label="lab_us-gaap_DisposalGroupClassificationDomain_09ACAEE406FF53D7A866EE87004E45B1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal Group Classification [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DisposalGroupClassificationDomain" xlink:label="loc_us-gaap_DisposalGroupClassificationDomain_09ACAEE406FF53D7A866EE87004E45B1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DisposalGroupClassificationDomain_09ACAEE406FF53D7A866EE87004E45B1" xlink:to="lab_us-gaap_DisposalGroupClassificationDomain_09ACAEE406FF53D7A866EE87004E45B1" xlink:type="arc" />
    <link:label id="lab_us-gaap_DisposalGroupNotDiscontinuedOperationsMember_D8477DF9F537E247F69BEE87004EEFC9_terseLabel_en-US" xlink:label="lab_us-gaap_DisposalGroupNotDiscontinuedOperationsMember_D8477DF9F537E247F69BEE87004EEFC9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disposal Group, Not Discontinued Operations</link:label>
    <link:label id="lab_us-gaap_DisposalGroupNotDiscontinuedOperationsMember_D8477DF9F537E247F69BEE87004EEFC9_label_en-US" xlink:label="lab_us-gaap_DisposalGroupNotDiscontinuedOperationsMember_D8477DF9F537E247F69BEE87004EEFC9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal Group, Not Discontinued Operations [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DisposalGroupNotDiscontinuedOperationsMember" xlink:label="loc_us-gaap_DisposalGroupNotDiscontinuedOperationsMember_D8477DF9F537E247F69BEE87004EEFC9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DisposalGroupNotDiscontinuedOperationsMember_D8477DF9F537E247F69BEE87004EEFC9" xlink:to="lab_us-gaap_DisposalGroupNotDiscontinuedOperationsMember_D8477DF9F537E247F69BEE87004EEFC9" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsLineItems_7C066A079531F622C1E8EE87004F6FA6_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsLineItems_7C066A079531F622C1E8EE87004F6FA6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]</link:label>
    <link:label id="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsLineItems_7C066A079531F622C1E8EE87004F6FA6_label_en-US" xlink:label="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsLineItems_7C066A079531F622C1E8EE87004F6FA6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsLineItems" xlink:label="loc_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsLineItems_7C066A079531F622C1E8EE87004F6FA6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsLineItems_7C066A079531F622C1E8EE87004F6FA6" xlink:to="lab_us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsLineItems_7C066A079531F622C1E8EE87004F6FA6" xlink:type="arc" />
    <link:label id="lab_us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf_4C81BC018751E9CDAAEDEE87004FC6A2_terseLabel_en-US" xlink:label="lab_us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf_4C81BC018751E9CDAAEDEE87004FC6A2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Impairment charge</link:label>
    <link:label id="lab_us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf_4C81BC018751E9CDAAEDEE87004FC6A2_label_en-US" xlink:label="lab_us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf_4C81BC018751E9CDAAEDEE87004FC6A2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Impairment of Long-Lived Assets to be Disposed of</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf" xlink:label="loc_us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf_4C81BC018751E9CDAAEDEE87004FC6A2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf_4C81BC018751E9CDAAEDEE87004FC6A2" xlink:to="lab_us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf_4C81BC018751E9CDAAEDEE87004FC6A2" xlink:type="arc" />
    <link:label id="lab_ndaq_CarryingAmountofAssetsandLiabilitiesHeldforSaleAbstract_5AFDE79F0F5BDE97BC5EEE87004F6A1B_terseLabel_en-US" xlink:label="lab_ndaq_CarryingAmountofAssetsandLiabilitiesHeldforSaleAbstract_5AFDE79F0F5BDE97BC5EEE87004F6A1B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Carrying Amount of Assets and Liabilities Held for Sale [Abstract]</link:label>
    <link:label id="lab_ndaq_CarryingAmountofAssetsandLiabilitiesHeldforSaleAbstract_5AFDE79F0F5BDE97BC5EEE87004F6A1B_label_en-US" xlink:label="lab_ndaq_CarryingAmountofAssetsandLiabilitiesHeldforSaleAbstract_5AFDE79F0F5BDE97BC5EEE87004F6A1B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Carrying Amount of Assets and Liabilities Held for Sale [Abstract]</link:label>
    <link:label id="lab_ndaq_CarryingAmountofAssetsandLiabilitiesHeldforSaleAbstract_5AFDE79F0F5BDE97BC5EEE87004F6A1B_documentation_en-US" xlink:label="lab_ndaq_CarryingAmountofAssetsandLiabilitiesHeldforSaleAbstract_5AFDE79F0F5BDE97BC5EEE87004F6A1B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Carrying Amount of Assets and Liabilities Held for Sale [Abstract]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_CarryingAmountofAssetsandLiabilitiesHeldforSaleAbstract" xlink:label="loc_ndaq_CarryingAmountofAssetsandLiabilitiesHeldforSaleAbstract_5AFDE79F0F5BDE97BC5EEE87004F6A1B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_CarryingAmountofAssetsandLiabilitiesHeldforSaleAbstract_5AFDE79F0F5BDE97BC5EEE87004F6A1B" xlink:to="lab_ndaq_CarryingAmountofAssetsandLiabilitiesHeldforSaleAbstract_5AFDE79F0F5BDE97BC5EEE87004F6A1B" xlink:type="arc" />
    <link:label id="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationAccountsNotesAndLoansReceivableNet_FE0E8DAA2C66F1190098EE87004F9A09_terseLabel_en-US" xlink:label="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationAccountsNotesAndLoansReceivableNet_FE0E8DAA2C66F1190098EE87004F9A09" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Receivables, net</link:label>
    <link:label id="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationAccountsNotesAndLoansReceivableNet_FE0E8DAA2C66F1190098EE87004F9A09_label_en-US" xlink:label="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationAccountsNotesAndLoansReceivableNet_FE0E8DAA2C66F1190098EE87004F9A09" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal Group, Including Discontinued Operation, Accounts, Notes and Loans Receivable, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DisposalGroupIncludingDiscontinuedOperationAccountsNotesAndLoansReceivableNet" xlink:label="loc_us-gaap_DisposalGroupIncludingDiscontinuedOperationAccountsNotesAndLoansReceivableNet_FE0E8DAA2C66F1190098EE87004F9A09" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DisposalGroupIncludingDiscontinuedOperationAccountsNotesAndLoansReceivableNet_FE0E8DAA2C66F1190098EE87004F9A09" xlink:to="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationAccountsNotesAndLoansReceivableNet_FE0E8DAA2C66F1190098EE87004F9A09" xlink:type="arc" />
    <link:label id="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentCurrent_795AAFC74EDC3F82489DEE87004F61E2_terseLabel_en-US" xlink:label="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentCurrent_795AAFC74EDC3F82489DEE87004F61E2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property and equipment, net</link:label>
    <link:label id="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentCurrent_795AAFC74EDC3F82489DEE87004F61E2_label_en-US" xlink:label="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentCurrent_795AAFC74EDC3F82489DEE87004F61E2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal Group, Including Discontinued Operation, Property, Plant and Equipment, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentCurrent" xlink:label="loc_us-gaap_DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentCurrent_795AAFC74EDC3F82489DEE87004F61E2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentCurrent_795AAFC74EDC3F82489DEE87004F61E2" xlink:to="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentCurrent_795AAFC74EDC3F82489DEE87004F61E2" xlink:type="arc" />
    <link:label id="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationGoodwillCurrent_80F395CA41780240465BEE870050A147_terseLabel_en-US" xlink:label="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationGoodwillCurrent_80F395CA41780240465BEE870050A147" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goodwill</link:label>
    <link:label id="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationGoodwillCurrent_80F395CA41780240465BEE870050A147_label_en-US" xlink:label="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationGoodwillCurrent_80F395CA41780240465BEE870050A147" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal Group, Including Discontinued Operation, Goodwill, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DisposalGroupIncludingDiscontinuedOperationGoodwillCurrent" xlink:label="loc_us-gaap_DisposalGroupIncludingDiscontinuedOperationGoodwillCurrent_80F395CA41780240465BEE870050A147" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DisposalGroupIncludingDiscontinuedOperationGoodwillCurrent_80F395CA41780240465BEE870050A147" xlink:to="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationGoodwillCurrent_80F395CA41780240465BEE870050A147" xlink:type="arc" />
    <link:label id="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationIntangibleAssetsCurrent_39F5498A97E47404B0F6EE8700509E81_terseLabel_en-US" xlink:label="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationIntangibleAssetsCurrent_39F5498A97E47404B0F6EE8700509E81" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Intangible assets, net</link:label>
    <link:label id="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationIntangibleAssetsCurrent_39F5498A97E47404B0F6EE8700509E81_label_en-US" xlink:label="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationIntangibleAssetsCurrent_39F5498A97E47404B0F6EE8700509E81" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal Group, Including Discontinued Operation, Intangible Assets, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DisposalGroupIncludingDiscontinuedOperationIntangibleAssetsCurrent" xlink:label="loc_us-gaap_DisposalGroupIncludingDiscontinuedOperationIntangibleAssetsCurrent_39F5498A97E47404B0F6EE8700509E81" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DisposalGroupIncludingDiscontinuedOperationIntangibleAssetsCurrent_39F5498A97E47404B0F6EE8700509E81" xlink:to="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationIntangibleAssetsCurrent_39F5498A97E47404B0F6EE8700509E81" xlink:type="arc" />
    <link:label id="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationOtherCurrentAssets_31C1CADE596EE775FD05EE870050FE95_terseLabel_en-US" xlink:label="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationOtherCurrentAssets_31C1CADE596EE775FD05EE870050FE95" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other assets</link:label>
    <link:label id="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationOtherCurrentAssets_31C1CADE596EE775FD05EE870050FE95_label_en-US" xlink:label="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationOtherCurrentAssets_31C1CADE596EE775FD05EE870050FE95" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal Group, Including Discontinued Operation, Other Assets, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DisposalGroupIncludingDiscontinuedOperationOtherCurrentAssets" xlink:label="loc_us-gaap_DisposalGroupIncludingDiscontinuedOperationOtherCurrentAssets_31C1CADE596EE775FD05EE870050FE95" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DisposalGroupIncludingDiscontinuedOperationOtherCurrentAssets_31C1CADE596EE775FD05EE870050FE95" xlink:to="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationOtherCurrentAssets_31C1CADE596EE775FD05EE870050FE95" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_4CA774C29125F7C5508FEE870050E971_totalLabel_en-US" xlink:label="lab_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_4CA774C29125F7C5508FEE870050E971" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total assets held for sale</link:label>
    <link:label id="lab_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_4CA774C29125F7C5508FEE870050E971_label_en-US" xlink:label="lab_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_4CA774C29125F7C5508FEE870050E971" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal Group, Including Discontinued Operation, Assets, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent" xlink:label="loc_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_4CA774C29125F7C5508FEE870050E971" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_4CA774C29125F7C5508FEE870050E971" xlink:to="lab_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_4CA774C29125F7C5508FEE870050E971" xlink:type="arc" />
    <link:label id="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationDeferredTaxLiabilities_891082E106C17B7E991FEE8700502A3F_terseLabel_en-US" xlink:label="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationDeferredTaxLiabilities_891082E106C17B7E991FEE8700502A3F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax liabilities</link:label>
    <link:label id="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationDeferredTaxLiabilities_891082E106C17B7E991FEE8700502A3F_label_en-US" xlink:label="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationDeferredTaxLiabilities_891082E106C17B7E991FEE8700502A3F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal Group, Including Discontinued Operation, Deferred Tax Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DisposalGroupIncludingDiscontinuedOperationDeferredTaxLiabilities" xlink:label="loc_us-gaap_DisposalGroupIncludingDiscontinuedOperationDeferredTaxLiabilities_891082E106C17B7E991FEE8700502A3F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DisposalGroupIncludingDiscontinuedOperationDeferredTaxLiabilities_891082E106C17B7E991FEE8700502A3F" xlink:to="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationDeferredTaxLiabilities_891082E106C17B7E991FEE8700502A3F" xlink:type="arc" />
    <link:label id="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationOtherCurrentLiabilities_9228003C89BA0BFA969BEE870050921D_terseLabel_en-US" xlink:label="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationOtherCurrentLiabilities_9228003C89BA0BFA969BEE870050921D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other current liabilities</link:label>
    <link:label id="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationOtherCurrentLiabilities_9228003C89BA0BFA969BEE870050921D_label_en-US" xlink:label="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationOtherCurrentLiabilities_9228003C89BA0BFA969BEE870050921D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal Group, Including Discontinued Operation, Other Liabilities, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DisposalGroupIncludingDiscontinuedOperationOtherCurrentLiabilities" xlink:label="loc_us-gaap_DisposalGroupIncludingDiscontinuedOperationOtherCurrentLiabilities_9228003C89BA0BFA969BEE870050921D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DisposalGroupIncludingDiscontinuedOperationOtherCurrentLiabilities_9228003C89BA0BFA969BEE870050921D" xlink:to="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationOtherCurrentLiabilities_9228003C89BA0BFA969BEE870050921D" xlink:type="arc" />
    <link:label id="lab_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent_7DB7C0D8776342CF8440EE870051FDA3_totalLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent_7DB7C0D8776342CF8440EE870051FDA3" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total liabilities held for sale</link:label>
    <link:label id="lab_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent_7DB7C0D8776342CF8440EE870051FDA3_label_en-US" xlink:label="lab_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent_7DB7C0D8776342CF8440EE870051FDA3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal Group, Including Discontinued Operation, Liabilities, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent" xlink:label="loc_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent_7DB7C0D8776342CF8440EE870051FDA3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent_7DB7C0D8776342CF8440EE870051FDA3" xlink:to="lab_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent_7DB7C0D8776342CF8440EE870051FDA3" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock_C5B9860F5071FC095F93C37E0508446A_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock_C5B9860F5071FC095F93C37E0508446A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Domestic and Foreign Components of Income Before Income Tax Provision</link:label>
    <link:label id="lab_us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock_C5B9860F5071FC095F93C37E0508446A_label_en-US" xlink:label="lab_us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock_C5B9860F5071FC095F93C37E0508446A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock_C5B9860F5071FC095F93C37E0508446A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock_C5B9860F5071FC095F93C37E0508446A" xlink:to="lab_us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock_C5B9860F5071FC095F93C37E0508446A" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_97412669BF9EDCFFD1A3C37E05070706_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_97412669BF9EDCFFD1A3C37E05070706" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Components of Income Tax Expense (Benefit)</link:label>
    <link:label id="lab_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_97412669BF9EDCFFD1A3C37E05070706_label_en-US" xlink:label="lab_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_97412669BF9EDCFFD1A3C37E05070706" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_97412669BF9EDCFFD1A3C37E05070706" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_97412669BF9EDCFFD1A3C37E05070706" xlink:to="lab_us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock_97412669BF9EDCFFD1A3C37E05070706" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_473EFEFBBFEA64E0155AC37E0508BC63_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_473EFEFBBFEA64E0155AC37E0508BC63" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reconciliation of Provision of Income Taxes</link:label>
    <link:label id="lab_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_473EFEFBBFEA64E0155AC37E0508BC63_label_en-US" xlink:label="lab_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_473EFEFBBFEA64E0155AC37E0508BC63" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_473EFEFBBFEA64E0155AC37E0508BC63" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_473EFEFBBFEA64E0155AC37E0508BC63" xlink:to="lab_us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock_473EFEFBBFEA64E0155AC37E0508BC63" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_7918A64B974E68236ACEC37E0508D49E_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_7918A64B974E68236ACEC37E0508D49E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Deferred Tax Assets and Liabilities</link:label>
    <link:label id="lab_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_7918A64B974E68236ACEC37E0508D49E_label_en-US" xlink:label="lab_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_7918A64B974E68236ACEC37E0508D49E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Deferred Tax Assets and Liabilities [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_7918A64B974E68236ACEC37E0508D49E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_7918A64B974E68236ACEC37E0508D49E" xlink:to="lab_us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_7918A64B974E68236ACEC37E0508D49E" xlink:type="arc" />
    <link:label id="lab_us-gaap_SummaryOfOperatingLossCarryforwardsTextBlock_44921362601798D5E318C37E05087DEA_terseLabel_en-US" xlink:label="lab_us-gaap_SummaryOfOperatingLossCarryforwardsTextBlock_44921362601798D5E318C37E05087DEA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Net Operating Losses and Credits</link:label>
    <link:label id="lab_us-gaap_SummaryOfOperatingLossCarryforwardsTextBlock_44921362601798D5E318C37E05087DEA_label_en-US" xlink:label="lab_us-gaap_SummaryOfOperatingLossCarryforwardsTextBlock_44921362601798D5E318C37E05087DEA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Summary of Operating Loss Carryforwards [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SummaryOfOperatingLossCarryforwardsTextBlock" xlink:label="loc_us-gaap_SummaryOfOperatingLossCarryforwardsTextBlock_44921362601798D5E318C37E05087DEA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SummaryOfOperatingLossCarryforwardsTextBlock_44921362601798D5E318C37E05087DEA" xlink:to="lab_us-gaap_SummaryOfOperatingLossCarryforwardsTextBlock_44921362601798D5E318C37E05087DEA" xlink:type="arc" />
    <link:label id="lab_us-gaap_SummaryOfTaxCreditCarryforwardsTextBlock_701FA927E73EDB8D7A85C37E0508A271_terseLabel_en-US" xlink:label="lab_us-gaap_SummaryOfTaxCreditCarryforwardsTextBlock_701FA927E73EDB8D7A85C37E0508A271" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Tax Credit Carryforwards</link:label>
    <link:label id="lab_us-gaap_SummaryOfTaxCreditCarryforwardsTextBlock_701FA927E73EDB8D7A85C37E0508A271_label_en-US" xlink:label="lab_us-gaap_SummaryOfTaxCreditCarryforwardsTextBlock_701FA927E73EDB8D7A85C37E0508A271" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Summary of Tax Credit Carryforwards [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SummaryOfTaxCreditCarryforwardsTextBlock" xlink:label="loc_us-gaap_SummaryOfTaxCreditCarryforwardsTextBlock_701FA927E73EDB8D7A85C37E0508A271" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SummaryOfTaxCreditCarryforwardsTextBlock_701FA927E73EDB8D7A85C37E0508A271" xlink:to="lab_us-gaap_SummaryOfTaxCreditCarryforwardsTextBlock_701FA927E73EDB8D7A85C37E0508A271" xlink:type="arc" />
    <link:label id="lab_us-gaap_SummaryOfIncomeTaxContingenciesTextBlock_9D55ADCDEFB808F56073C37E0508893F_terseLabel_en-US" xlink:label="lab_us-gaap_SummaryOfIncomeTaxContingenciesTextBlock_9D55ADCDEFB808F56073C37E0508893F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reconciliation of Unrecognized Tax Benefits</link:label>
    <link:label id="lab_us-gaap_SummaryOfIncomeTaxContingenciesTextBlock_9D55ADCDEFB808F56073C37E0508893F_label_en-US" xlink:label="lab_us-gaap_SummaryOfIncomeTaxContingenciesTextBlock_9D55ADCDEFB808F56073C37E0508893F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Summary of Income Tax Contingencies [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SummaryOfIncomeTaxContingenciesTextBlock" xlink:label="loc_us-gaap_SummaryOfIncomeTaxContingenciesTextBlock_9D55ADCDEFB808F56073C37E0508893F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SummaryOfIncomeTaxContingenciesTextBlock_9D55ADCDEFB808F56073C37E0508893F" xlink:to="lab_us-gaap_SummaryOfIncomeTaxContingenciesTextBlock_9D55ADCDEFB808F56073C37E0508893F" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareTextBlock_DC1515EEDB05D3CD1677AF472B67A692_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareTextBlock_DC1515EEDB05D3CD1677AF472B67A692" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Earnings Per Share</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareTextBlock_DC1515EEDB05D3CD1677AF472B67A692_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareTextBlock_DC1515EEDB05D3CD1677AF472B67A692" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EarningsPerShareTextBlock" xlink:label="loc_us-gaap_EarningsPerShareTextBlock_DC1515EEDB05D3CD1677AF472B67A692" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareTextBlock_DC1515EEDB05D3CD1677AF472B67A692" xlink:to="lab_us-gaap_EarningsPerShareTextBlock_DC1515EEDB05D3CD1677AF472B67A692" xlink:type="arc" />
    <link:label id="lab_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_8446FDFF0A3E2C772AAB1498721D2F94_label_en-US" xlink:label="lab_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_8446FDFF0A3E2C772AAB1498721D2F94" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of Compensation Related Costs, Share-based Payments [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract" xlink:label="loc_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_8446FDFF0A3E2C772AAB1498721D2F94" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_8446FDFF0A3E2C772AAB1498721D2F94" xlink:to="lab_us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract_8446FDFF0A3E2C772AAB1498721D2F94" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_C4E9A2F5C91196F3C1CE1498721D05CE_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_C4E9A2F5C91196F3C1CE1498721D05CE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_C4E9A2F5C91196F3C1CE1498721D05CE_label_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_C4E9A2F5C91196F3C1CE1498721D05CE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_C4E9A2F5C91196F3C1CE1498721D05CE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_C4E9A2F5C91196F3C1CE1498721D05CE" xlink:to="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_C4E9A2F5C91196F3C1CE1498721D05CE" xlink:type="arc" />
    <link:label id="lab_us-gaap_AwardTypeAxis_D73D6A83777ABA7E448C1498721E2617_terseLabel_en-US" xlink:label="lab_us-gaap_AwardTypeAxis_D73D6A83777ABA7E448C1498721E2617" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Award Type [Axis]</link:label>
    <link:label id="lab_us-gaap_AwardTypeAxis_D73D6A83777ABA7E448C1498721E2617_label_en-US" xlink:label="lab_us-gaap_AwardTypeAxis_D73D6A83777ABA7E448C1498721E2617" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Award Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="loc_us-gaap_AwardTypeAxis_D73D6A83777ABA7E448C1498721E2617" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AwardTypeAxis_D73D6A83777ABA7E448C1498721E2617" xlink:to="lab_us-gaap_AwardTypeAxis_D73D6A83777ABA7E448C1498721E2617" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_CF429233F3B8A85423C21498721F9AB0_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_CF429233F3B8A85423C21498721F9AB0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Award [Domain]</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_CF429233F3B8A85423C21498721F9AB0_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_CF429233F3B8A85423C21498721F9AB0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Award [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_CF429233F3B8A85423C21498721F9AB0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_CF429233F3B8A85423C21498721F9AB0" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_CF429233F3B8A85423C21498721F9AB0" xlink:type="arc" />
    <link:label id="lab_us-gaap_EmployeeStockMember_29C67740C142622D2C281498721F4F1C_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeStockMember_29C67740C142622D2C281498721F4F1C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Employee Stock Purchase Plan</link:label>
    <link:label id="lab_us-gaap_EmployeeStockMember_29C67740C142622D2C281498721F4F1C_label_en-US" xlink:label="lab_us-gaap_EmployeeStockMember_29C67740C142622D2C281498721F4F1C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Stock [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EmployeeStockMember" xlink:label="loc_us-gaap_EmployeeStockMember_29C67740C142622D2C281498721F4F1C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeStockMember_29C67740C142622D2C281498721F4F1C" xlink:to="lab_us-gaap_EmployeeStockMember_29C67740C142622D2C281498721F4F1C" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_9CCAE775380127BA3F96149872201EE1_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_9CCAE775380127BA3F96149872201EE1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_9CCAE775380127BA3F96149872201EE1_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_9CCAE775380127BA3F96149872201EE1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_9CCAE775380127BA3F96149872201EE1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_9CCAE775380127BA3F96149872201EE1" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_9CCAE775380127BA3F96149872201EE1" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod_E37A9A55B2D4B7BF6951149872219B76_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod_E37A9A55B2D4B7BF6951149872219B76" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of shares purchased by employees</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod_E37A9A55B2D4B7BF6951149872219B76_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod_E37A9A55B2D4B7BF6951149872219B76" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod_E37A9A55B2D4B7BF6951149872219B76" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod_E37A9A55B2D4B7BF6951149872219B76" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod_E37A9A55B2D4B7BF6951149872219B76" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesPurchased_17EE2EF06D21080BB0541498722134FC_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesPurchased_17EE2EF06D21080BB0541498722134FC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted-average price of shares purchased (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesPurchased_17EE2EF06D21080BB0541498722134FC_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesPurchased_17EE2EF06D21080BB0541498722134FC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Per Share Weighted Average Price of Shares Purchased</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesPurchased" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesPurchased_17EE2EF06D21080BB0541498722134FC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesPurchased_17EE2EF06D21080BB0541498722134FC" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesPurchased_17EE2EF06D21080BB0541498722134FC" xlink:type="arc" />
    <link:label id="lab_us-gaap_AllocatedShareBasedCompensationExpense_8C250CED744411B6ADEE14987222AD9A_netLabel_en-US" xlink:label="lab_us-gaap_AllocatedShareBasedCompensationExpense_8C250CED744411B6ADEE14987222AD9A" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Compensation expenses</link:label>
    <link:label id="lab_us-gaap_AllocatedShareBasedCompensationExpense_8C250CED744411B6ADEE14987222AD9A_label_en-US" xlink:label="lab_us-gaap_AllocatedShareBasedCompensationExpense_8C250CED744411B6ADEE14987222AD9A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Allocated Share-based Compensation Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AllocatedShareBasedCompensationExpense" xlink:label="loc_us-gaap_AllocatedShareBasedCompensationExpense_8C250CED744411B6ADEE14987222AD9A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AllocatedShareBasedCompensationExpense_8C250CED744411B6ADEE14987222AD9A" xlink:to="lab_us-gaap_AllocatedShareBasedCompensationExpense_8C250CED744411B6ADEE14987222AD9A" xlink:type="arc" />
    <link:label id="lab_us-gaap_SegmentReportingAbstract_CB02DB5CE788AE94CBAD7CE75FF3F959_label_en-US" xlink:label="lab_us-gaap_SegmentReportingAbstract_5A8ECD8AF4CA54CDBA96804540ADE932" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segment Reporting [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SegmentReportingAbstract" xlink:label="loc_us-gaap_SegmentReportingAbstract_5A8ECD8AF4CA54CDBA96804540ADE932" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SegmentReportingAbstract_5A8ECD8AF4CA54CDBA96804540ADE932" xlink:to="lab_us-gaap_SegmentReportingAbstract_5A8ECD8AF4CA54CDBA96804540ADE932" xlink:type="arc" />
    <link:label id="lab_us-gaap_SegmentReportingDisclosureTextBlock_4B5DE79A4B108AD5E73C7CE75FF3D29A_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentReportingDisclosureTextBlock_DE8A0C13048F512BBFB6CF415C535314" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Segments</link:label>
    <link:label id="lab_us-gaap_SegmentReportingDisclosureTextBlock_4B5DE79A4B108AD5E73C7CE75FF3D29A_label_en-US" xlink:label="lab_us-gaap_SegmentReportingDisclosureTextBlock_DE8A0C13048F512BBFB6CF415C535314" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segment Reporting Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SegmentReportingDisclosureTextBlock" xlink:label="loc_us-gaap_SegmentReportingDisclosureTextBlock_DE8A0C13048F512BBFB6CF415C535314" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SegmentReportingDisclosureTextBlock_DE8A0C13048F512BBFB6CF415C535314" xlink:to="lab_us-gaap_SegmentReportingDisclosureTextBlock_DE8A0C13048F512BBFB6CF415C535314" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable_22F7008E9D7945A72F0A149882354456_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable_22F7008E9D7945A72F0A149882354456" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable_22F7008E9D7945A72F0A149882354456_label_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable_22F7008E9D7945A72F0A149882354456" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable" xlink:label="loc_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable_22F7008E9D7945A72F0A149882354456" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable_22F7008E9D7945A72F0A149882354456" xlink:to="lab_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTable_22F7008E9D7945A72F0A149882354456" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_C28B861C809299C9718614988236B051_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_C28B861C809299C9718614988236B051" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exercise Price Range [Axis]</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_C28B861C809299C9718614988236B051_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_C28B861C809299C9718614988236B051" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Exercise Price Range [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis" xlink:label="loc_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_C28B861C809299C9718614988236B051" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_C28B861C809299C9718614988236B051" xlink:to="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeAxis_C28B861C809299C9718614988236B051" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain_F5B30CB7025BA1B0C35E14988237E7BC_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain_F5B30CB7025BA1B0C35E14988237E7BC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Domain]</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain_F5B30CB7025BA1B0C35E14988237E7BC_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain_F5B30CB7025BA1B0C35E14988237E7BC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain" xlink:label="loc_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain_F5B30CB7025BA1B0C35E14988237E7BC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain_F5B30CB7025BA1B0C35E14988237E7BC" xlink:to="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeDomain_F5B30CB7025BA1B0C35E14988237E7BC" xlink:type="arc" />
    <link:label id="lab_ndaq_ExercisePriceRangeOneMember_2EEBE56FA7BF82E88780149882376237_terseLabel_en-US" xlink:label="lab_ndaq_ExercisePriceRangeOneMember_2EEBE56FA7BF82E88780149882376237" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exercise Price Range One</link:label>
    <link:label id="lab_ndaq_ExercisePriceRangeOneMember_2EEBE56FA7BF82E88780149882376237_label_en-US" xlink:label="lab_ndaq_ExercisePriceRangeOneMember_2EEBE56FA7BF82E88780149882376237" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Exercise Price Range One [Member]</link:label>
    <link:label id="lab_ndaq_ExercisePriceRangeOneMember_2EEBE56FA7BF82E88780149882376237_documentation_en-US" xlink:label="lab_ndaq_ExercisePriceRangeOneMember_2EEBE56FA7BF82E88780149882376237" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Exercise Price Range One [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ExercisePriceRangeOneMember" xlink:label="loc_ndaq_ExercisePriceRangeOneMember_2EEBE56FA7BF82E88780149882376237" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ExercisePriceRangeOneMember_2EEBE56FA7BF82E88780149882376237" xlink:to="lab_ndaq_ExercisePriceRangeOneMember_2EEBE56FA7BF82E88780149882376237" xlink:type="arc" />
    <link:label id="lab_ndaq_ExercisePriceRangeTwoMember_B1FCFA89877212E7098614988237620D_terseLabel_en-US" xlink:label="lab_ndaq_ExercisePriceRangeTwoMember_B1FCFA89877212E7098614988237620D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exercise Price Range Two</link:label>
    <link:label id="lab_ndaq_ExercisePriceRangeTwoMember_B1FCFA89877212E7098614988237620D_label_en-US" xlink:label="lab_ndaq_ExercisePriceRangeTwoMember_B1FCFA89877212E7098614988237620D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Exercise Price Range Two [Member]</link:label>
    <link:label id="lab_ndaq_ExercisePriceRangeTwoMember_B1FCFA89877212E7098614988237620D_documentation_en-US" xlink:label="lab_ndaq_ExercisePriceRangeTwoMember_B1FCFA89877212E7098614988237620D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Exercise Price Range Two [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ExercisePriceRangeTwoMember" xlink:label="loc_ndaq_ExercisePriceRangeTwoMember_B1FCFA89877212E7098614988237620D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ExercisePriceRangeTwoMember_B1FCFA89877212E7098614988237620D" xlink:to="lab_ndaq_ExercisePriceRangeTwoMember_B1FCFA89877212E7098614988237620D" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_7C7DD83D993D93C7B05D1498823798FE_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_7C7DD83D993D93C7B05D1498823798FE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_7C7DD83D993D93C7B05D1498823798FE_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_7C7DD83D993D93C7B05D1498823798FE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems" xlink:label="loc_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_7C7DD83D993D93C7B05D1498823798FE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_7C7DD83D993D93C7B05D1498823798FE" xlink:to="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLineItems_7C7DD83D993D93C7B05D1498823798FE" xlink:type="arc" />
    <link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationAggregateDisclosuresAbstract_5F2ADF7F6A3665D08267149882376D5C_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationAggregateDisclosuresAbstract_5F2ADF7F6A3665D08267149882376D5C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock Options</link:label>
    <link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationAggregateDisclosuresAbstract_5F2ADF7F6A3665D08267149882376D5C_label_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationAggregateDisclosuresAbstract_5F2ADF7F6A3665D08267149882376D5C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Service Share-based Compensation, Aggregate Disclosures [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationAggregateDisclosuresAbstract" xlink:label="loc_us-gaap_EmployeeServiceShareBasedCompensationAggregateDisclosuresAbstract_5F2ADF7F6A3665D08267149882376D5C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeServiceShareBasedCompensationAggregateDisclosuresAbstract_5F2ADF7F6A3665D08267149882376D5C" xlink:to="lab_us-gaap_EmployeeServiceShareBasedCompensationAggregateDisclosuresAbstract_5F2ADF7F6A3665D08267149882376D5C" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit_C635CDED2BC3228C3AA0149882388246_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit_C635CDED2BC3228C3AA0149882388246" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Range of exercise price, lower range limit (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit_C635CDED2BC3228C3AA0149882388246_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit_C635CDED2BC3228C3AA0149882388246" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Lower Range Limit</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit" xlink:label="loc_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit_C635CDED2BC3228C3AA0149882388246" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit_C635CDED2BC3228C3AA0149882388246" xlink:to="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit_C635CDED2BC3228C3AA0149882388246" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit_5AB472E34B4BBDDC1A09149882383DD3_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit_5AB472E34B4BBDDC1A09149882383DD3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Range of exercise price, lower range limit (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit_5AB472E34B4BBDDC1A09149882383DD3_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit_5AB472E34B4BBDDC1A09149882383DD3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Upper Range Limit</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit" xlink:label="loc_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit_5AB472E34B4BBDDC1A09149882383DD3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit_5AB472E34B4BBDDC1A09149882383DD3" xlink:to="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit_5AB472E34B4BBDDC1A09149882383DD3" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions_05DDD18E62F067AB462B149882387C20_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions_05DDD18E62F067AB462B149882387C20" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Outstanding, number of stock options (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions_05DDD18E62F067AB462B149882387C20_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions_05DDD18E62F067AB462B149882387C20" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Number of Outstanding Options</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions" xlink:label="loc_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions_05DDD18E62F067AB462B149882387C20" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions_05DDD18E62F067AB462B149882387C20" xlink:to="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions_05DDD18E62F067AB462B149882387C20" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2_3A0FDBD98FB0086B7EE7149882380F30_terseLabel_en-US" xlink:label="lab_us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2_3A0FDBD98FB0086B7EE7149882380F30" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Outstanding, weighted-average remaining contractual term</link:label>
    <link:label id="lab_us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2_3A0FDBD98FB0086B7EE7149882380F30_label_en-US" xlink:label="lab_us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2_3A0FDBD98FB0086B7EE7149882380F30" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Outstanding Options, Weighted Average Remaining Contractual Term</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2" xlink:label="loc_us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2_3A0FDBD98FB0086B7EE7149882380F30" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2_3A0FDBD98FB0086B7EE7149882380F30" xlink:to="lab_us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2_3A0FDBD98FB0086B7EE7149882380F30" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1_35705E4F786C834480EC14988239F4C2_terseLabel_en-US" xlink:label="lab_us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1_35705E4F786C834480EC14988239F4C2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Outstanding, weighted-average exercise price (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1_35705E4F786C834480EC14988239F4C2_label_en-US" xlink:label="lab_us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1_35705E4F786C834480EC14988239F4C2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Outstanding Options, Weighted Average Exercise Price</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1" xlink:label="loc_us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1_35705E4F786C834480EC14988239F4C2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1_35705E4F786C834480EC14988239F4C2" xlink:to="lab_us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1_35705E4F786C834480EC14988239F4C2" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_EFC15D2ED302E244E7A1149882392027_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_EFC15D2ED302E244E7A1149882392027" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Outstanding, aggregate intrinsic value</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_EFC15D2ED302E244E7A1149882392027_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_EFC15D2ED302E244E7A1149882392027" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_EFC15D2ED302E244E7A1149882392027" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_EFC15D2ED302E244E7A1149882392027" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_EFC15D2ED302E244E7A1149882392027" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions_35277717C44C435505C61498823983F7_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions_35277717C44C435505C61498823983F7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exercisable, number of exercisable (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions_35277717C44C435505C61498823983F7_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions_35277717C44C435505C61498823983F7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Number of Exercisable Options</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions" xlink:label="loc_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions_35277717C44C435505C61498823983F7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions_35277717C44C435505C61498823983F7" xlink:to="lab_us-gaap_ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions_35277717C44C435505C61498823983F7" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2_95D9A394699CBE61B67914988239BD2C_terseLabel_en-US" xlink:label="lab_us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2_95D9A394699CBE61B67914988239BD2C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exercisable, weighted-average remaining contractual term</link:label>
    <link:label id="lab_us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2_95D9A394699CBE61B67914988239BD2C_label_en-US" xlink:label="lab_us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2_95D9A394699CBE61B67914988239BD2C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Exercisable Options, Weighted Average Remaining Contractual Term</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2" xlink:label="loc_us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2_95D9A394699CBE61B67914988239BD2C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2_95D9A394699CBE61B67914988239BD2C" xlink:to="lab_us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2_95D9A394699CBE61B67914988239BD2C" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1_F68ECF4469DA3D98DEE3149882397FAE_terseLabel_en-US" xlink:label="lab_us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1_F68ECF4469DA3D98DEE3149882397FAE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exercisable, weighted-average exercise price (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1_F68ECF4469DA3D98DEE3149882397FAE_label_en-US" xlink:label="lab_us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1_F68ECF4469DA3D98DEE3149882397FAE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range, Exercisable Options, Weighted Average Exercise Price</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1" xlink:label="loc_us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1_F68ECF4469DA3D98DEE3149882397FAE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1_F68ECF4469DA3D98DEE3149882397FAE" xlink:to="lab_us-gaap_SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1_F68ECF4469DA3D98DEE3149882397FAE" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_AB9E874AD581DCE721BA1498823AADD0_terseLabel_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_AB9E874AD581DCE721BA1498823AADD0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exercisable, aggregate intrinsic value</link:label>
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_AB9E874AD581DCE721BA1498823AADD0_label_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_AB9E874AD581DCE721BA1498823AADD0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Intrinsic Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1" xlink:label="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_AB9E874AD581DCE721BA1498823AADD0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_AB9E874AD581DCE721BA1498823AADD0" xlink:to="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_AB9E874AD581DCE721BA1498823AADD0" xlink:type="arc" />
    <link:label id="lab_us-gaap_ComponentsOfDeferredTaxAssetsAbstract_77F2078A8483542B7832DC8DD5828EA3_terseLabel_en-US" xlink:label="lab_us-gaap_ComponentsOfDeferredTaxAssetsAbstract_77F2078A8483542B7832DC8DD5828EA3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax assets:</link:label>
    <link:label id="lab_us-gaap_ComponentsOfDeferredTaxAssetsAbstract_77F2078A8483542B7832DC8DD5828EA3_label_en-US" xlink:label="lab_us-gaap_ComponentsOfDeferredTaxAssetsAbstract_77F2078A8483542B7832DC8DD5828EA3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Components of Deferred Tax Assets [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ComponentsOfDeferredTaxAssetsAbstract" xlink:label="loc_us-gaap_ComponentsOfDeferredTaxAssetsAbstract_77F2078A8483542B7832DC8DD5828EA3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ComponentsOfDeferredTaxAssetsAbstract_77F2078A8483542B7832DC8DD5828EA3" xlink:to="lab_us-gaap_ComponentsOfDeferredTaxAssetsAbstract_77F2078A8483542B7832DC8DD5828EA3" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsDeferredIncome_EADB225F4D9DF6244326DC8DD5832476_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsDeferredIncome_EADB225F4D9DF6244326DC8DD5832476" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred revenues</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsDeferredIncome_EADB225F4D9DF6244326DC8DD5832476_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsDeferredIncome_EADB225F4D9DF6244326DC8DD5832476" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Deferred Income</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredTaxAssetsDeferredIncome" xlink:label="loc_us-gaap_DeferredTaxAssetsDeferredIncome_EADB225F4D9DF6244326DC8DD5832476" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsDeferredIncome_EADB225F4D9DF6244326DC8DD5832476" xlink:to="lab_us-gaap_DeferredTaxAssetsDeferredIncome_EADB225F4D9DF6244326DC8DD5832476" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsDomestic_5A12BDB15EB3663157F3DC8DD5835227_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsDomestic_5A12BDB15EB3663157F3DC8DD5835227" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">U.S. federal net operating loss</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsDomestic_5A12BDB15EB3663157F3DC8DD5835227_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsDomestic_5A12BDB15EB3663157F3DC8DD5835227" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Operating Loss Carryforwards, Domestic</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsDomestic" xlink:label="loc_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsDomestic_5A12BDB15EB3663157F3DC8DD5835227" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsDomestic_5A12BDB15EB3663157F3DC8DD5835227" xlink:to="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsDomestic_5A12BDB15EB3663157F3DC8DD5835227" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsForeign_3AD5EFAE56F06F2CECBCDC8DD5831F9D_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsForeign_3AD5EFAE56F06F2CECBCDC8DD5831F9D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign net operating loss</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsForeign_3AD5EFAE56F06F2CECBCDC8DD5831F9D_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsForeign_3AD5EFAE56F06F2CECBCDC8DD5831F9D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Operating Loss Carryforwards, Foreign</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsForeign" xlink:label="loc_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsForeign_3AD5EFAE56F06F2CECBCDC8DD5831F9D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsForeign_3AD5EFAE56F06F2CECBCDC8DD5831F9D" xlink:to="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsForeign_3AD5EFAE56F06F2CECBCDC8DD5831F9D" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal_F1808469B5D3E30DF7CDDC8DD583B995_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal_F1808469B5D3E30DF7CDDC8DD583B995" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">State net operating loss</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal_F1808469B5D3E30DF7CDDC8DD583B995_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal_F1808469B5D3E30DF7CDDC8DD583B995" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Operating Loss Carryforwards, State and Local</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal" xlink:label="loc_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal_F1808469B5D3E30DF7CDDC8DD583B995" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal_F1808469B5D3E30DF7CDDC8DD583B995" xlink:to="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal_F1808469B5D3E30DF7CDDC8DD583B995" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits_2BD62C338C45E0A48E0CDC8DD584388B_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits_2BD62C338C45E0A48E0CDC8DD584388B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Compensation and benefits</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits_2BD62C338C45E0A48E0CDC8DD584388B_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits_2BD62C338C45E0A48E0CDC8DD584388B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits" xlink:label="loc_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits_2BD62C338C45E0A48E0CDC8DD584388B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits_2BD62C338C45E0A48E0CDC8DD584388B" xlink:to="lab_us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits_2BD62C338C45E0A48E0CDC8DD584388B" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsUnrealizedCurrencyLosses_BA7DD4C8F203D51FD4E3DC8DD584A113_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsUnrealizedCurrencyLosses_BA7DD4C8F203D51FD4E3DC8DD584A113" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign currency translation</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsUnrealizedCurrencyLosses_BA7DD4C8F203D51FD4E3DC8DD584A113_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsUnrealizedCurrencyLosses_BA7DD4C8F203D51FD4E3DC8DD584A113" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Unrealized Currency Losses</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredTaxAssetsUnrealizedCurrencyLosses" xlink:label="loc_us-gaap_DeferredTaxAssetsUnrealizedCurrencyLosses_BA7DD4C8F203D51FD4E3DC8DD584A113" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsUnrealizedCurrencyLosses_BA7DD4C8F203D51FD4E3DC8DD584A113" xlink:to="lab_us-gaap_DeferredTaxAssetsUnrealizedCurrencyLosses_BA7DD4C8F203D51FD4E3DC8DD584A113" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsTaxCreditCarryforwards_9CAE49059E13920A9287DC8DD584803A_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsTaxCreditCarryforwards_9CAE49059E13920A9287DC8DD584803A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Tax credits</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsTaxCreditCarryforwards_9CAE49059E13920A9287DC8DD584803A_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsTaxCreditCarryforwards_9CAE49059E13920A9287DC8DD584803A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Tax Credit Carryforwards</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredTaxAssetsTaxCreditCarryforwards" xlink:label="loc_us-gaap_DeferredTaxAssetsTaxCreditCarryforwards_9CAE49059E13920A9287DC8DD584803A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsTaxCreditCarryforwards_9CAE49059E13920A9287DC8DD584803A" xlink:to="lab_us-gaap_DeferredTaxAssetsTaxCreditCarryforwards_9CAE49059E13920A9287DC8DD584803A" xlink:type="arc" />
    <link:label id="lab_ndaq_DeferredTaxAssetsFederalBenefitOfUncertainTaxPositions_525BB933329BB93048B8DC8DD584E082_terseLabel_en-US" xlink:label="lab_ndaq_DeferredTaxAssetsFederalBenefitOfUncertainTaxPositions_525BB933329BB93048B8DC8DD584E082" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal benefit of uncertain tax positions</link:label>
    <link:label id="lab_ndaq_DeferredTaxAssetsFederalBenefitOfUncertainTaxPositions_525BB933329BB93048B8DC8DD584E082_label_en-US" xlink:label="lab_ndaq_DeferredTaxAssetsFederalBenefitOfUncertainTaxPositions_525BB933329BB93048B8DC8DD584E082" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Federal Benefit Of Uncertain Tax Positions</link:label>
    <link:label id="lab_ndaq_DeferredTaxAssetsFederalBenefitOfUncertainTaxPositions_525BB933329BB93048B8DC8DD584E082_documentation_en-US" xlink:label="lab_ndaq_DeferredTaxAssetsFederalBenefitOfUncertainTaxPositions_525BB933329BB93048B8DC8DD584E082" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Federal Benefit Of Uncertain Tax Positions</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_DeferredTaxAssetsFederalBenefitOfUncertainTaxPositions" xlink:label="loc_ndaq_DeferredTaxAssetsFederalBenefitOfUncertainTaxPositions_525BB933329BB93048B8DC8DD584E082" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_DeferredTaxAssetsFederalBenefitOfUncertainTaxPositions_525BB933329BB93048B8DC8DD584E082" xlink:to="lab_ndaq_DeferredTaxAssetsFederalBenefitOfUncertainTaxPositions_525BB933329BB93048B8DC8DD584E082" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsOther_4078EE30D3946A5AF295DC8DD5842FD9_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsOther_4078EE30D3946A5AF295DC8DD5842FD9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsOther_4078EE30D3946A5AF295DC8DD5842FD9_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsOther_4078EE30D3946A5AF295DC8DD5842FD9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Other</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredTaxAssetsOther" xlink:label="loc_us-gaap_DeferredTaxAssetsOther_4078EE30D3946A5AF295DC8DD5842FD9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsOther_4078EE30D3946A5AF295DC8DD5842FD9" xlink:to="lab_us-gaap_DeferredTaxAssetsOther_4078EE30D3946A5AF295DC8DD5842FD9" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsGross_3644B55F65122E8E3991DC8DD5855E01_totalLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsGross_3644B55F65122E8E3991DC8DD5855E01" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Gross deferred tax assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredTaxAssetsGross" xlink:label="loc_us-gaap_DeferredTaxAssetsGross_3644B55F65122E8E3991DC8DD5855E01" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsGross_3644B55F65122E8E3991DC8DD5855E01" xlink:to="lab_us-gaap_DeferredTaxAssetsGross_3644B55F65122E8E3991DC8DD5855E01" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsValuationAllowance_86FF7DC03C7B8CA2FAC0DC8DD5858F0B_negatedLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsValuationAllowance_86FF7DC03C7B8CA2FAC0DC8DD5858F0B" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Less: valuation allowance</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsValuationAllowance_86FF7DC03C7B8CA2FAC0DC8DD5858F0B_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsValuationAllowance_86FF7DC03C7B8CA2FAC0DC8DD5858F0B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Valuation Allowance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredTaxAssetsValuationAllowance" xlink:label="loc_us-gaap_DeferredTaxAssetsValuationAllowance_86FF7DC03C7B8CA2FAC0DC8DD5858F0B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsValuationAllowance_86FF7DC03C7B8CA2FAC0DC8DD5858F0B" xlink:to="lab_us-gaap_DeferredTaxAssetsValuationAllowance_86FF7DC03C7B8CA2FAC0DC8DD5858F0B" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxAssetsNet_B285F388CD5B9EE9E561DC8DD5857969_totalLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsNet_B285F388CD5B9EE9E561DC8DD5857969" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total deferred tax assets, net of valuation allowance</link:label>
    <link:label id="lab_us-gaap_DeferredTaxAssetsNet_B285F388CD5B9EE9E561DC8DD5857969_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsNet_B285F388CD5B9EE9E561DC8DD5857969" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Assets, Net of Valuation Allowance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredTaxAssetsNet" xlink:label="loc_us-gaap_DeferredTaxAssetsNet_B285F388CD5B9EE9E561DC8DD5857969" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsNet_B285F388CD5B9EE9E561DC8DD5857969" xlink:to="lab_us-gaap_DeferredTaxAssetsNet_B285F388CD5B9EE9E561DC8DD5857969" xlink:type="arc" />
    <link:label id="lab_us-gaap_ComponentsOfDeferredTaxLiabilitiesAbstract_07C64C454E14C69D89AADC8DD58551F2_terseLabel_en-US" xlink:label="lab_us-gaap_ComponentsOfDeferredTaxLiabilitiesAbstract_07C64C454E14C69D89AADC8DD58551F2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax liabilities:</link:label>
    <link:label id="lab_us-gaap_ComponentsOfDeferredTaxLiabilitiesAbstract_07C64C454E14C69D89AADC8DD58551F2_label_en-US" xlink:label="lab_us-gaap_ComponentsOfDeferredTaxLiabilitiesAbstract_07C64C454E14C69D89AADC8DD58551F2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Components of Deferred Tax Liabilities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ComponentsOfDeferredTaxLiabilitiesAbstract" xlink:label="loc_us-gaap_ComponentsOfDeferredTaxLiabilitiesAbstract_07C64C454E14C69D89AADC8DD58551F2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ComponentsOfDeferredTaxLiabilitiesAbstract_07C64C454E14C69D89AADC8DD58551F2" xlink:to="lab_us-gaap_ComponentsOfDeferredTaxLiabilitiesAbstract_07C64C454E14C69D89AADC8DD58551F2" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxLiabilitiesDeferredExpenseCapitalizedSoftware_830AC2614D7D0574EB67DC8DD58573B4_negatedLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesDeferredExpenseCapitalizedSoftware_830AC2614D7D0574EB67DC8DD58573B4" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Amortization of software development costs and depreciation</link:label>
    <link:label id="lab_us-gaap_DeferredTaxLiabilitiesDeferredExpenseCapitalizedSoftware_830AC2614D7D0574EB67DC8DD58573B4_label_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesDeferredExpenseCapitalizedSoftware_830AC2614D7D0574EB67DC8DD58573B4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Liabilities, Deferred Expense, Capitalized Software</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredTaxLiabilitiesDeferredExpenseCapitalizedSoftware" xlink:label="loc_us-gaap_DeferredTaxLiabilitiesDeferredExpenseCapitalizedSoftware_830AC2614D7D0574EB67DC8DD58573B4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxLiabilitiesDeferredExpenseCapitalizedSoftware_830AC2614D7D0574EB67DC8DD58573B4" xlink:to="lab_us-gaap_DeferredTaxLiabilitiesDeferredExpenseCapitalizedSoftware_830AC2614D7D0574EB67DC8DD58573B4" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets_9C9B50D9CE5E69F09EA0DC8DD585C52C_negatedLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets_9C9B50D9CE5E69F09EA0DC8DD585C52C" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Amortization of acquired intangible assets</link:label>
    <link:label id="lab_us-gaap_DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets_9C9B50D9CE5E69F09EA0DC8DD585C52C_label_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets_9C9B50D9CE5E69F09EA0DC8DD585C52C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Liabilities, Intangible Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets" xlink:label="loc_us-gaap_DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets_9C9B50D9CE5E69F09EA0DC8DD585C52C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets_9C9B50D9CE5E69F09EA0DC8DD585C52C" xlink:to="lab_us-gaap_DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets_9C9B50D9CE5E69F09EA0DC8DD585C52C" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxLiabilitiesInvestments_9606E7314A440F2C027CDC8DD586E539_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesInvestments_9606E7314A440F2C027CDC8DD586E539" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Investments</link:label>
    <link:label id="lab_us-gaap_DeferredTaxLiabilitiesInvestments_9606E7314A440F2C027CDC8DD586E539_label_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesInvestments_9606E7314A440F2C027CDC8DD586E539" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Liabilities, Investments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredTaxLiabilitiesInvestments" xlink:label="loc_us-gaap_DeferredTaxLiabilitiesInvestments_9606E7314A440F2C027CDC8DD586E539" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxLiabilitiesInvestments_9606E7314A440F2C027CDC8DD586E539" xlink:to="lab_us-gaap_DeferredTaxLiabilitiesInvestments_9606E7314A440F2C027CDC8DD586E539" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxLiabilitiesOther_E5DB1D428822DA967E9CDC8DD586A724_negatedLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesOther_E5DB1D428822DA967E9CDC8DD586A724" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_us-gaap_DeferredTaxLiabilitiesOther_E5DB1D428822DA967E9CDC8DD586A724_label_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesOther_E5DB1D428822DA967E9CDC8DD586A724" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Liabilities, Other</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredTaxLiabilitiesOther" xlink:label="loc_us-gaap_DeferredTaxLiabilitiesOther_E5DB1D428822DA967E9CDC8DD586A724" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxLiabilitiesOther_E5DB1D428822DA967E9CDC8DD586A724" xlink:to="lab_us-gaap_DeferredTaxLiabilitiesOther_E5DB1D428822DA967E9CDC8DD586A724" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredIncomeTaxLiabilities_E92FC8DF911F547389D5DC8DD58613AD_negatedTotalLabel_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxLiabilities_E92FC8DF911F547389D5DC8DD58613AD" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US">Gross deferred tax liabilities</link:label>
    <link:label id="lab_us-gaap_DeferredIncomeTaxLiabilities_E92FC8DF911F547389D5DC8DD58613AD_label_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxLiabilities_E92FC8DF911F547389D5DC8DD58613AD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Liabilities, Gross</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilities" xlink:label="loc_us-gaap_DeferredIncomeTaxLiabilities_E92FC8DF911F547389D5DC8DD58613AD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredIncomeTaxLiabilities_E92FC8DF911F547389D5DC8DD58613AD" xlink:to="lab_us-gaap_DeferredIncomeTaxLiabilities_E92FC8DF911F547389D5DC8DD58613AD" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredTaxLiabilities_B1C355169547EA03B0A8DC8DD587846B_negatedTotalLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilities_B1C355169547EA03B0A8DC8DD587846B" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US">Net deferred tax liabilities</link:label>
    <link:label id="lab_us-gaap_DeferredTaxLiabilities_B1C355169547EA03B0A8DC8DD587846B_label_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilities_B1C355169547EA03B0A8DC8DD587846B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Tax Liabilities, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredTaxLiabilities" xlink:label="loc_us-gaap_DeferredTaxLiabilities_B1C355169547EA03B0A8DC8DD587846B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxLiabilities_B1C355169547EA03B0A8DC8DD587846B" xlink:to="lab_us-gaap_DeferredTaxLiabilities_B1C355169547EA03B0A8DC8DD587846B" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredIncomeTaxAssetsNet_3617C47256E27F3B835EDC9D43DE2270_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxAssetsNet_3617C47256E27F3B835EDC9D43DE2270" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-current deferred tax assets</link:label>
    <link:label id="lab_us-gaap_DeferredIncomeTaxAssetsNet_3617C47256E27F3B835EDC9D43DE2270_label_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxAssetsNet_3617C47256E27F3B835EDC9D43DE2270" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Income Tax Assets, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredIncomeTaxAssetsNet" xlink:label="loc_us-gaap_DeferredIncomeTaxAssetsNet_3617C47256E27F3B835EDC9D43DE2270" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredIncomeTaxAssetsNet_3617C47256E27F3B835EDC9D43DE2270" xlink:to="lab_us-gaap_DeferredIncomeTaxAssetsNet_3617C47256E27F3B835EDC9D43DE2270" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredIncomeTaxLiabilitiesNet_FDAAEB94F0B0A534027ADC9DEBE62A9C_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxLiabilitiesNet_FDAAEB94F0B0A534027ADC9DEBE62A9C" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax liabilities, net</link:label>
    <link:label id="lab_us-gaap_DeferredIncomeTaxLiabilitiesNet_FDAAEB94F0B0A534027ADC9DEBE62A9C_label_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxLiabilitiesNet_FDAAEB94F0B0A534027ADC9DEBE62A9C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Income Tax Liabilities, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilitiesNet" xlink:label="loc_us-gaap_DeferredIncomeTaxLiabilitiesNet_FDAAEB94F0B0A534027ADC9DEBE62A9C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredIncomeTaxLiabilitiesNet_FDAAEB94F0B0A534027ADC9DEBE62A9C" xlink:to="lab_us-gaap_DeferredIncomeTaxLiabilitiesNet_FDAAEB94F0B0A534027ADC9DEBE62A9C" xlink:type="arc" />
    <link:label id="lab_us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract_6C151F10B98754148E8E7CE75FF0C813_label_en-US" xlink:label="lab_us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract_00FF895A6C8E5DACB4DE2FD9519A6624" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill and Intangible Assets Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract" xlink:label="loc_us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract_00FF895A6C8E5DACB4DE2FD9519A6624" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract_00FF895A6C8E5DACB4DE2FD9519A6624" xlink:to="lab_us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract_00FF895A6C8E5DACB4DE2FD9519A6624" xlink:type="arc" />
    <link:label id="lab_us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock_7B8AA7BA8E2028DD71C37CE75FF0D00D_verboseLabel_en-US" xlink:label="lab_us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock_4801058CB3C85720BA80359BB74EA07D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Goodwill and Acquired Intangible Assets</link:label>
    <link:label id="lab_us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock_7B8AA7BA8E2028DD71C37CE75FF0D00D_label_en-US" xlink:label="lab_us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock_4801058CB3C85720BA80359BB74EA07D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill and Intangible Assets Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock" xlink:label="loc_us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock_4801058CB3C85720BA80359BB74EA07D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock_4801058CB3C85720BA80359BB74EA07D" xlink:to="lab_us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock_4801058CB3C85720BA80359BB74EA07D" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxDisclosureTextBlock_231B2C29BE150001F995AF472D6C2DD1_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxDisclosureTextBlock_231B2C29BE150001F995AF472D6C2DD1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Taxes</link:label>
    <link:label id="lab_us-gaap_IncomeTaxDisclosureTextBlock_231B2C29BE150001F995AF472D6C2DD1_label_en-US" xlink:label="lab_us-gaap_IncomeTaxDisclosureTextBlock_231B2C29BE150001F995AF472D6C2DD1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncomeTaxDisclosureTextBlock" xlink:label="loc_us-gaap_IncomeTaxDisclosureTextBlock_231B2C29BE150001F995AF472D6C2DD1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxDisclosureTextBlock_231B2C29BE150001F995AF472D6C2DD1" xlink:to="lab_us-gaap_IncomeTaxDisclosureTextBlock_231B2C29BE150001F995AF472D6C2DD1" xlink:type="arc" />
    <link:label id="lab_us-gaap_PerformanceSharesMember_C8B25A9DCB17C3481B2FCD5715FD2160_terseLabel_en-US" xlink:label="lab_us-gaap_PerformanceSharesMember_C8B25A9DCB17C3481B2FCD5715FD2160" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">PSUs</link:label>
    <link:label id="lab_us-gaap_PerformanceSharesMember_C8B25A9DCB17C3481B2FCD5715FD2160_label_en-US" xlink:label="lab_us-gaap_PerformanceSharesMember_C8B25A9DCB17C3481B2FCD5715FD2160" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Performance Shares [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PerformanceSharesMember" xlink:label="loc_us-gaap_PerformanceSharesMember_C8B25A9DCB17C3481B2FCD5715FD2160" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PerformanceSharesMember_C8B25A9DCB17C3481B2FCD5715FD2160" xlink:to="lab_us-gaap_PerformanceSharesMember_C8B25A9DCB17C3481B2FCD5715FD2160" xlink:type="arc" />
    <link:label id="lab_us-gaap_PlanNameAxis_D73401F56910B27D758CCD5715FD8CD2_terseLabel_en-US" xlink:label="lab_us-gaap_PlanNameAxis_D73401F56910B27D758CCD5715FD8CD2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Plan Name [Axis]</link:label>
    <link:label id="lab_us-gaap_PlanNameAxis_D73401F56910B27D758CCD5715FD8CD2_label_en-US" xlink:label="lab_us-gaap_PlanNameAxis_D73401F56910B27D758CCD5715FD8CD2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Plan Name [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PlanNameAxis" xlink:label="loc_us-gaap_PlanNameAxis_D73401F56910B27D758CCD5715FD8CD2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PlanNameAxis_D73401F56910B27D758CCD5715FD8CD2" xlink:to="lab_us-gaap_PlanNameAxis_D73401F56910B27D758CCD5715FD8CD2" xlink:type="arc" />
    <link:label id="lab_us-gaap_PlanNameDomain_5707D052E358FF257EF4CD5715FE4DAA_terseLabel_en-US" xlink:label="lab_us-gaap_PlanNameDomain_5707D052E358FF257EF4CD5715FE4DAA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Plan Name [Domain]</link:label>
    <link:label id="lab_us-gaap_PlanNameDomain_5707D052E358FF257EF4CD5715FE4DAA_label_en-US" xlink:label="lab_us-gaap_PlanNameDomain_5707D052E358FF257EF4CD5715FE4DAA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Plan Name [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PlanNameDomain" xlink:label="loc_us-gaap_PlanNameDomain_5707D052E358FF257EF4CD5715FE4DAA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PlanNameDomain_5707D052E358FF257EF4CD5715FE4DAA" xlink:to="lab_us-gaap_PlanNameDomain_5707D052E358FF257EF4CD5715FE4DAA" xlink:type="arc" />
    <link:label id="lab_ndaq_ThreeYearPerformanceShareUnitProgramMember_CFCF667C98E1E2C97EDCCD5715FED9A7_terseLabel_en-US" xlink:label="lab_ndaq_ThreeYearPerformanceShareUnitProgramMember_CFCF667C98E1E2C97EDCCD5715FED9A7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Three-Year Program</link:label>
    <link:label id="lab_ndaq_ThreeYearPerformanceShareUnitProgramMember_CFCF667C98E1E2C97EDCCD5715FED9A7_label_en-US" xlink:label="lab_ndaq_ThreeYearPerformanceShareUnitProgramMember_CFCF667C98E1E2C97EDCCD5715FED9A7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Three Year Performance Share Unit Program [Member]</link:label>
    <link:label id="lab_ndaq_ThreeYearPerformanceShareUnitProgramMember_CFCF667C98E1E2C97EDCCD5715FED9A7_documentation_en-US" xlink:label="lab_ndaq_ThreeYearPerformanceShareUnitProgramMember_CFCF667C98E1E2C97EDCCD5715FED9A7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Three Year Performance Share Unit Program</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ThreeYearPerformanceShareUnitProgramMember" xlink:label="loc_ndaq_ThreeYearPerformanceShareUnitProgramMember_CFCF667C98E1E2C97EDCCD5715FED9A7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ThreeYearPerformanceShareUnitProgramMember_CFCF667C98E1E2C97EDCCD5715FED9A7" xlink:to="lab_ndaq_ThreeYearPerformanceShareUnitProgramMember_CFCF667C98E1E2C97EDCCD5715FED9A7" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_F4EB5592B64E7BDA9425CD5715FED648_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_F4EB5592B64E7BDA9425CD5715FED648" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted-average risk free interest rate</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_F4EB5592B64E7BDA9425CD5715FED648_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_F4EB5592B64E7BDA9425CD5715FED648" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_F4EB5592B64E7BDA9425CD5715FED648" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_F4EB5592B64E7BDA9425CD5715FED648" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_F4EB5592B64E7BDA9425CD5715FED648" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_D0F131B44A9C78F89E00CD5715FFD8F5_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_D0F131B44A9C78F89E00CD5715FFD8F5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expected volatility</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_D0F131B44A9C78F89E00CD5715FFD8F5_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_D0F131B44A9C78F89E00CD5715FFD8F5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_D0F131B44A9C78F89E00CD5715FFD8F5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_D0F131B44A9C78F89E00CD5715FFD8F5" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_D0F131B44A9C78F89E00CD5715FFD8F5" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharePrice_074FF7F911F07ACB3BCDCD5715FF70A3_verboseLabel_en-US" xlink:label="lab_us-gaap_SharePrice_074FF7F911F07ACB3BCDCD5715FF70A3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Weighted-average grant date share price (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_SharePrice_074FF7F911F07ACB3BCDCD5715FF70A3_label_en-US" xlink:label="lab_us-gaap_SharePrice_074FF7F911F07ACB3BCDCD5715FF70A3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share Price</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SharePrice" xlink:label="loc_us-gaap_SharePrice_074FF7F911F07ACB3BCDCD5715FF70A3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharePrice_074FF7F911F07ACB3BCDCD5715FF70A3" xlink:to="lab_us-gaap_SharePrice_074FF7F911F07ACB3BCDCD5715FF70A3" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_9AEB9763B542FD80CA5ECD5715FF0F94_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_9AEB9763B542FD80CA5ECD5715FF0F94" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted-average fair value at grant date (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_9AEB9763B542FD80CA5ECD5715FF0F94_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_9AEB9763B542FD80CA5ECD5715FF0F94" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_9AEB9763B542FD80CA5ECD5715FF0F94" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_9AEB9763B542FD80CA5ECD5715FF0F94" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_9AEB9763B542FD80CA5ECD5715FF0F94" xlink:type="arc" />
    <link:label id="lab_us-gaap_FacilityClosingMember_4021D1AD2D887B8E585006A86E031611_terseLabel_en-US" xlink:label="lab_us-gaap_FacilityClosingMember_4021D1AD2D887B8E585006A86E031611" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Facilities-related</link:label>
    <link:label id="lab_us-gaap_FacilityClosingMember_4021D1AD2D887B8E585006A86E031611_label_en-US" xlink:label="lab_us-gaap_FacilityClosingMember_4021D1AD2D887B8E585006A86E031611" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Facility Closing [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FacilityClosingMember" xlink:label="loc_us-gaap_FacilityClosingMember_4021D1AD2D887B8E585006A86E031611" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FacilityClosingMember_4021D1AD2D887B8E585006A86E031611" xlink:to="lab_us-gaap_FacilityClosingMember_4021D1AD2D887B8E585006A86E031611" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestructuringCharges_B898133A9009DCF8899606A86E03EB20_verboseLabel_en-US" xlink:label="lab_us-gaap_RestructuringCharges_B898133A9009DCF8899606A86E03EB20" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Total restructuring charges</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RestructuringCharges" xlink:label="loc_us-gaap_RestructuringCharges_B898133A9009DCF8899606A86E03EB20" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestructuringCharges_B898133A9009DCF8899606A86E03EB20" xlink:to="lab_us-gaap_RestructuringCharges_B898133A9009DCF8899606A86E03EB20" xlink:type="arc" />
    <link:label id="lab_us-gaap_DividendsPayableTable_DA826404E5771655462BA1E731BCDA8D_terseLabel_en-US" xlink:label="lab_us-gaap_DividendsPayableTable_DA826404E5771655462BA1E731BCDA8D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividends Payable [Table]</link:label>
    <link:label id="lab_us-gaap_DividendsPayableTable_DA826404E5771655462BA1E731BCDA8D_label_en-US" xlink:label="lab_us-gaap_DividendsPayableTable_DA826404E5771655462BA1E731BCDA8D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends Payable [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DividendsPayableTable" xlink:label="loc_us-gaap_DividendsPayableTable_DA826404E5771655462BA1E731BCDA8D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DividendsPayableTable_DA826404E5771655462BA1E731BCDA8D" xlink:to="lab_us-gaap_DividendsPayableTable_DA826404E5771655462BA1E731BCDA8D" xlink:type="arc" />
    <link:label id="lab_us-gaap_DividendsAxis_77F63205278EB0E921F0A1E7371E167D_terseLabel_en-US" xlink:label="lab_us-gaap_DividendsAxis_77F63205278EB0E921F0A1E7371E167D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividends [Axis]</link:label>
    <link:label id="lab_us-gaap_DividendsAxis_77F63205278EB0E921F0A1E7371E167D_label_en-US" xlink:label="lab_us-gaap_DividendsAxis_77F63205278EB0E921F0A1E7371E167D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DividendsAxis" xlink:label="loc_us-gaap_DividendsAxis_77F63205278EB0E921F0A1E7371E167D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DividendsAxis_77F63205278EB0E921F0A1E7371E167D" xlink:to="lab_us-gaap_DividendsAxis_77F63205278EB0E921F0A1E7371E167D" xlink:type="arc" />
    <link:label id="lab_us-gaap_DividendsDomain_84769403007D4E8E059FA1E7371F6164_terseLabel_en-US" xlink:label="lab_us-gaap_DividendsDomain_84769403007D4E8E059FA1E7371F6164" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividends [Domain]</link:label>
    <link:label id="lab_us-gaap_DividendsDomain_84769403007D4E8E059FA1E7371F6164_label_en-US" xlink:label="lab_us-gaap_DividendsDomain_84769403007D4E8E059FA1E7371F6164" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DividendsDomain" xlink:label="loc_us-gaap_DividendsDomain_84769403007D4E8E059FA1E7371F6164" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DividendsDomain_84769403007D4E8E059FA1E7371F6164" xlink:to="lab_us-gaap_DividendsDomain_84769403007D4E8E059FA1E7371F6164" xlink:type="arc" />
    <link:label id="lab_ndaq_DividendDeclarationDateFourthQuarterMember_B81C273350CBA7A18502A1E7380C6449_terseLabel_en-US" xlink:label="lab_ndaq_DividendDeclarationDateFourthQuarterMember_B81C273350CBA7A18502A1E7380C6449" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividend Declaration Date Fourth Quarter</link:label>
    <link:label id="lab_ndaq_DividendDeclarationDateFourthQuarterMember_B81C273350CBA7A18502A1E7380C6449_label_en-US" xlink:label="lab_ndaq_DividendDeclarationDateFourthQuarterMember_B81C273350CBA7A18502A1E7380C6449" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividend Declaration Date Fourth Quarter [Member]</link:label>
    <link:label id="lab_ndaq_DividendDeclarationDateFourthQuarterMember_B81C273350CBA7A18502A1E7380C6449_documentation_en-US" xlink:label="lab_ndaq_DividendDeclarationDateFourthQuarterMember_B81C273350CBA7A18502A1E7380C6449" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Dividend Declaration Date Fourth Quarter [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_DividendDeclarationDateFourthQuarterMember" xlink:label="loc_ndaq_DividendDeclarationDateFourthQuarterMember_B81C273350CBA7A18502A1E7380C6449" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_DividendDeclarationDateFourthQuarterMember_B81C273350CBA7A18502A1E7380C6449" xlink:to="lab_ndaq_DividendDeclarationDateFourthQuarterMember_B81C273350CBA7A18502A1E7380C6449" xlink:type="arc" />
    <link:label id="lab_us-gaap_DividendsPayableLineItems_7E82E4571E0A7E7F7908A1E731DF9CCE_terseLabel_en-US" xlink:label="lab_us-gaap_DividendsPayableLineItems_7E82E4571E0A7E7F7908A1E731DF9CCE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividends Payable [Line Items]</link:label>
    <link:label id="lab_us-gaap_DividendsPayableLineItems_7E82E4571E0A7E7F7908A1E731DF9CCE_label_en-US" xlink:label="lab_us-gaap_DividendsPayableLineItems_7E82E4571E0A7E7F7908A1E731DF9CCE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends Payable [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DividendsPayableLineItems" xlink:label="loc_us-gaap_DividendsPayableLineItems_7E82E4571E0A7E7F7908A1E731DF9CCE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DividendsPayableLineItems_7E82E4571E0A7E7F7908A1E731DF9CCE" xlink:to="lab_us-gaap_DividendsPayableLineItems_7E82E4571E0A7E7F7908A1E731DF9CCE" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockDividendsPerShareDeclared_A68A949F16EBD95978AC9FC24DA44DAE_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockDividendsPerShareDeclared_A68A949F16EBD95978AC9FC24DA44DAE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividend per common share (in dollars per share)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CommonStockDividendsPerShareDeclared" xlink:label="loc_us-gaap_CommonStockDividendsPerShareDeclared_A68A949F16EBD95978AC9FC24DA44DAE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockDividendsPerShareDeclared_A68A949F16EBD95978AC9FC24DA44DAE" xlink:to="lab_us-gaap_CommonStockDividendsPerShareDeclared_A68A949F16EBD95978AC9FC24DA44DAE" xlink:type="arc" />
    <link:label id="lab_us-gaap_DividendsCommonStockCash_3AE1990945009AF36F619FC24DA59FB1_terseLabel_en-US" xlink:label="lab_us-gaap_DividendsCommonStockCash_3AE1990945009AF36F619FC24DA59FB1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DividendsCommonStockCash" xlink:label="loc_us-gaap_DividendsCommonStockCash_3AE1990945009AF36F619FC24DA59FB1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DividendsCommonStockCash_3AE1990945009AF36F619FC24DA59FB1" xlink:to="lab_us-gaap_DividendsCommonStockCash_3AE1990945009AF36F619FC24DA59FB1" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTable_6364FB1262F1E9527ADFEE870029A814_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTable_6364FB1262F1E9527ADFEE870029A814" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Finite-Lived Intangible Assets [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTable_6364FB1262F1E9527ADFEE870029A814_label_en-US" xlink:label="lab_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTable_6364FB1262F1E9527ADFEE870029A814" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Finite-Lived Intangible Assets [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTable" xlink:label="loc_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTable_6364FB1262F1E9527ADFEE870029A814" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTable_6364FB1262F1E9527ADFEE870029A814" xlink:to="lab_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTable_6364FB1262F1E9527ADFEE870029A814" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_6FE10DB1C2FEB2A8E2AFEE87002A8624_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_6FE10DB1C2FEB2A8E2AFEE87002A8624" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets by Major Class [Axis]</link:label>
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_6FE10DB1C2FEB2A8E2AFEE87002A8624_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_6FE10DB1C2FEB2A8E2AFEE87002A8624" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets by Major Class [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_6FE10DB1C2FEB2A8E2AFEE87002A8624" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_6FE10DB1C2FEB2A8E2AFEE87002A8624" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_6FE10DB1C2FEB2A8E2AFEE87002A8624" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_121CF94E972AF3C82B75EE87002AB415_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_121CF94E972AF3C82B75EE87002AB415" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets, Major Class Name [Domain]</link:label>
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_121CF94E972AF3C82B75EE87002AB415_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_121CF94E972AF3C82B75EE87002AB415" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets, Major Class Name [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_121CF94E972AF3C82B75EE87002AB415" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_121CF94E972AF3C82B75EE87002AB415" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_121CF94E972AF3C82B75EE87002AB415" xlink:type="arc" />
    <link:label id="lab_us-gaap_DevelopedTechnologyRightsMember_240C953BE55812E9964EEE87002A9203_terseLabel_en-US" xlink:label="lab_us-gaap_DevelopedTechnologyRightsMember_240C953BE55812E9964EEE87002A9203" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Technology</link:label>
    <link:label id="lab_us-gaap_DevelopedTechnologyRightsMember_240C953BE55812E9964EEE87002A9203_label_en-US" xlink:label="lab_us-gaap_DevelopedTechnologyRightsMember_240C953BE55812E9964EEE87002A9203" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Developed Technology Rights [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DevelopedTechnologyRightsMember" xlink:label="loc_us-gaap_DevelopedTechnologyRightsMember_240C953BE55812E9964EEE87002A9203" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DevelopedTechnologyRightsMember_240C953BE55812E9964EEE87002A9203" xlink:to="lab_us-gaap_DevelopedTechnologyRightsMember_240C953BE55812E9964EEE87002A9203" xlink:type="arc" />
    <link:label id="lab_us-gaap_CustomerRelationshipsMember_EE5797BDD40494BBD248EE87002A1A0E_terseLabel_en-US" xlink:label="lab_us-gaap_CustomerRelationshipsMember_EE5797BDD40494BBD248EE87002A1A0E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Customer relationships</link:label>
    <link:label id="lab_us-gaap_CustomerRelationshipsMember_EE5797BDD40494BBD248EE87002A1A0E_label_en-US" xlink:label="lab_us-gaap_CustomerRelationshipsMember_EE5797BDD40494BBD248EE87002A1A0E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Customer Relationships [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CustomerRelationshipsMember" xlink:label="loc_us-gaap_CustomerRelationshipsMember_EE5797BDD40494BBD248EE87002A1A0E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CustomerRelationshipsMember_EE5797BDD40494BBD248EE87002A1A0E" xlink:to="lab_us-gaap_CustomerRelationshipsMember_EE5797BDD40494BBD248EE87002A1A0E" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherIntangibleAssetsMember_671B20F002C8E7B24F5FEE87002AB500_terseLabel_en-US" xlink:label="lab_us-gaap_OtherIntangibleAssetsMember_671B20F002C8E7B24F5FEE87002AB500" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_us-gaap_OtherIntangibleAssetsMember_671B20F002C8E7B24F5FEE87002AB500_label_en-US" xlink:label="lab_us-gaap_OtherIntangibleAssetsMember_671B20F002C8E7B24F5FEE87002AB500" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Intangible Assets [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherIntangibleAssetsMember" xlink:label="loc_us-gaap_OtherIntangibleAssetsMember_671B20F002C8E7B24F5FEE87002AB500" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherIntangibleAssetsMember_671B20F002C8E7B24F5FEE87002AB500" xlink:to="lab_us-gaap_OtherIntangibleAssetsMember_671B20F002C8E7B24F5FEE87002AB500" xlink:type="arc" />
    <link:label id="lab_ndaq_ForeignCurrencyTranslationAdjustmentMember_96D8F945AC481D368291EE87002B55B9_verboseLabel_en-US" xlink:label="lab_ndaq_ForeignCurrencyTranslationAdjustmentMember_96D8F945AC481D368291EE87002B55B9" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Foreign currency translation adjustment</link:label>
    <link:label id="lab_ndaq_ForeignCurrencyTranslationAdjustmentMember_96D8F945AC481D368291EE87002B55B9_label_en-US" xlink:label="lab_ndaq_ForeignCurrencyTranslationAdjustmentMember_96D8F945AC481D368291EE87002B55B9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Foreign Currency Translation Adjustment [Member]</link:label>
    <link:label id="lab_ndaq_ForeignCurrencyTranslationAdjustmentMember_96D8F945AC481D368291EE87002B55B9_documentation_en-US" xlink:label="lab_ndaq_ForeignCurrencyTranslationAdjustmentMember_96D8F945AC481D368291EE87002B55B9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Foreign currency translation adjustment [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ForeignCurrencyTranslationAdjustmentMember" xlink:label="loc_ndaq_ForeignCurrencyTranslationAdjustmentMember_96D8F945AC481D368291EE87002B55B9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ForeignCurrencyTranslationAdjustmentMember_96D8F945AC481D368291EE87002B55B9" xlink:to="lab_ndaq_ForeignCurrencyTranslationAdjustmentMember_96D8F945AC481D368291EE87002B55B9" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsLineItems_E7BFCEE61543A5282042EE87002BFD8D_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsLineItems_E7BFCEE61543A5282042EE87002BFD8D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets [Line Items]</link:label>
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsLineItems_E7BFCEE61543A5282042EE87002BFD8D_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsLineItems_E7BFCEE61543A5282042EE87002BFD8D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsLineItems" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsLineItems_E7BFCEE61543A5282042EE87002BFD8D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsLineItems_E7BFCEE61543A5282042EE87002BFD8D" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsLineItems_E7BFCEE61543A5282042EE87002BFD8D" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsGross_EE0C202400F0DD17ED67EE87002B065C_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsGross_EE0C202400F0DD17ED67EE87002B065C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gross Amount</link:label>
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsGross_EE0C202400F0DD17ED67EE87002B065C_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsGross_EE0C202400F0DD17ED67EE87002B065C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets, Gross</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsGross" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsGross_EE0C202400F0DD17ED67EE87002B065C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsGross_EE0C202400F0DD17ED67EE87002B065C" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsGross_EE0C202400F0DD17ED67EE87002B065C" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_DD3C1D5DD6272E8ECEF0EE87002B3312_negatedLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_DD3C1D5DD6272E8ECEF0EE87002B3312" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Accumulated Amortization</link:label>
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_DD3C1D5DD6272E8ECEF0EE87002B3312_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_DD3C1D5DD6272E8ECEF0EE87002B3312" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets, Accumulated Amortization</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_DD3C1D5DD6272E8ECEF0EE87002B3312" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_DD3C1D5DD6272E8ECEF0EE87002B3312" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_DD3C1D5DD6272E8ECEF0EE87002B3312" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsNet_2CFE83BB68E70E141F45EE87002B0E6C_verboseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsNet_2CFE83BB68E70E141F45EE87002B0E6C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Net Amount</link:label>
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsNet_2CFE83BB68E70E141F45EE87002B0E6C_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsNet_2CFE83BB68E70E141F45EE87002B0E6C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsNet" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsNet_2CFE83BB68E70E141F45EE87002B0E6C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsNet_2CFE83BB68E70E141F45EE87002B0E6C" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsNet_2CFE83BB68E70E141F45EE87002B0E6C" xlink:type="arc" />
    <link:label id="lab_us-gaap_AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife_25E9AC5E1A7791688A27EE87002CBA16_terseLabel_en-US" xlink:label="lab_us-gaap_AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife_25E9AC5E1A7791688A27EE87002CBA16" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted-Average Useful Life</link:label>
    <link:label id="lab_us-gaap_AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife_25E9AC5E1A7791688A27EE87002CBA16_label_en-US" xlink:label="lab_us-gaap_AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife_25E9AC5E1A7791688A27EE87002CBA16" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Acquired Finite-lived Intangible Assets, Weighted Average Useful Life</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife" xlink:label="loc_us-gaap_AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife_25E9AC5E1A7791688A27EE87002CBA16" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife_25E9AC5E1A7791688A27EE87002CBA16" xlink:to="lab_us-gaap_AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife_25E9AC5E1A7791688A27EE87002CBA16" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTable_550E0B55E51484315FDAEE87002C5B71_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTable_550E0B55E51484315FDAEE87002C5B71" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Indefinite-Lived Intangible Assets [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTable_550E0B55E51484315FDAEE87002C5B71_label_en-US" xlink:label="lab_us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTable_550E0B55E51484315FDAEE87002C5B71" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Indefinite-Lived Intangible Assets [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTable" xlink:label="loc_us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTable_550E0B55E51484315FDAEE87002C5B71" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTable_550E0B55E51484315FDAEE87002C5B71" xlink:to="lab_us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTable_550E0B55E51484315FDAEE87002C5B71" xlink:type="arc" />
    <link:label id="lab_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis_1B04DB0BEAEFA7E4CBEFEE87002CCB85_terseLabel_en-US" xlink:label="lab_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis_1B04DB0BEAEFA7E4CBEFEE87002CCB85" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Indefinite-lived Intangible Assets [Axis]</link:label>
    <link:label id="lab_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis_1B04DB0BEAEFA7E4CBEFEE87002CCB85_label_en-US" xlink:label="lab_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis_1B04DB0BEAEFA7E4CBEFEE87002CCB85" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Indefinite-lived Intangible Assets [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis" xlink:label="loc_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis_1B04DB0BEAEFA7E4CBEFEE87002CCB85" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis_1B04DB0BEAEFA7E4CBEFEE87002CCB85" xlink:to="lab_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassAxis_1B04DB0BEAEFA7E4CBEFEE87002CCB85" xlink:type="arc" />
    <link:label id="lab_us-gaap_IndefiniteLivedIntangibleAssetsMajorClassNameDomain_1AF80AB2D1C830348EEAEE87002CCEB7_terseLabel_en-US" xlink:label="lab_us-gaap_IndefiniteLivedIntangibleAssetsMajorClassNameDomain_1AF80AB2D1C830348EEAEE87002CCEB7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Indefinite-lived Intangible Assets, Major Class Name [Domain]</link:label>
    <link:label id="lab_us-gaap_IndefiniteLivedIntangibleAssetsMajorClassNameDomain_1AF80AB2D1C830348EEAEE87002CCEB7_label_en-US" xlink:label="lab_us-gaap_IndefiniteLivedIntangibleAssetsMajorClassNameDomain_1AF80AB2D1C830348EEAEE87002CCEB7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Indefinite-lived Intangible Assets, Major Class Name [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IndefiniteLivedIntangibleAssetsMajorClassNameDomain" xlink:label="loc_us-gaap_IndefiniteLivedIntangibleAssetsMajorClassNameDomain_1AF80AB2D1C830348EEAEE87002CCEB7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IndefiniteLivedIntangibleAssetsMajorClassNameDomain_1AF80AB2D1C830348EEAEE87002CCEB7" xlink:to="lab_us-gaap_IndefiniteLivedIntangibleAssetsMajorClassNameDomain_1AF80AB2D1C830348EEAEE87002CCEB7" xlink:type="arc" />
    <link:label id="lab_ndaq_ExchangeAndClearingRegistrationsMember_FC08459B4ABF7D911D98EE87002C4BCD_terseLabel_en-US" xlink:label="lab_ndaq_ExchangeAndClearingRegistrationsMember_FC08459B4ABF7D911D98EE87002C4BCD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exchange and clearing registrations</link:label>
    <link:label id="lab_ndaq_ExchangeAndClearingRegistrationsMember_FC08459B4ABF7D911D98EE87002C4BCD_label_en-US" xlink:label="lab_ndaq_ExchangeAndClearingRegistrationsMember_FC08459B4ABF7D911D98EE87002C4BCD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Exchange And Clearing Registrations [Member]</link:label>
    <link:label id="lab_ndaq_ExchangeAndClearingRegistrationsMember_FC08459B4ABF7D911D98EE87002C4BCD_documentation_en-US" xlink:label="lab_ndaq_ExchangeAndClearingRegistrationsMember_FC08459B4ABF7D911D98EE87002C4BCD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Exchange and clearing registrations [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ExchangeAndClearingRegistrationsMember" xlink:label="loc_ndaq_ExchangeAndClearingRegistrationsMember_FC08459B4ABF7D911D98EE87002C4BCD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ExchangeAndClearingRegistrationsMember_FC08459B4ABF7D911D98EE87002C4BCD" xlink:to="lab_ndaq_ExchangeAndClearingRegistrationsMember_FC08459B4ABF7D911D98EE87002C4BCD" xlink:type="arc" />
    <link:label id="lab_us-gaap_TradeNamesMember_DAD655C64EAB2C912D8CEE87002D5853_terseLabel_en-US" xlink:label="lab_us-gaap_TradeNamesMember_DAD655C64EAB2C912D8CEE87002D5853" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trade name</link:label>
    <link:label id="lab_us-gaap_TradeNamesMember_DAD655C64EAB2C912D8CEE87002D5853_label_en-US" xlink:label="lab_us-gaap_TradeNamesMember_DAD655C64EAB2C912D8CEE87002D5853" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trade Names [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_TradeNamesMember" xlink:label="loc_us-gaap_TradeNamesMember_DAD655C64EAB2C912D8CEE87002D5853" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TradeNamesMember_DAD655C64EAB2C912D8CEE87002D5853" xlink:to="lab_us-gaap_TradeNamesMember_DAD655C64EAB2C912D8CEE87002D5853" xlink:type="arc" />
    <link:label id="lab_us-gaap_LicensingAgreementsMember_0E034AB1475C8494AA24EE87002D1DA4_terseLabel_en-US" xlink:label="lab_us-gaap_LicensingAgreementsMember_0E034AB1475C8494AA24EE87002D1DA4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Licenses</link:label>
    <link:label id="lab_us-gaap_LicensingAgreementsMember_0E034AB1475C8494AA24EE87002D1DA4_label_en-US" xlink:label="lab_us-gaap_LicensingAgreementsMember_0E034AB1475C8494AA24EE87002D1DA4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Licensing Agreements [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LicensingAgreementsMember" xlink:label="loc_us-gaap_LicensingAgreementsMember_0E034AB1475C8494AA24EE87002D1DA4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LicensingAgreementsMember_0E034AB1475C8494AA24EE87002D1DA4" xlink:to="lab_us-gaap_LicensingAgreementsMember_0E034AB1475C8494AA24EE87002D1DA4" xlink:type="arc" />
    <link:label id="lab_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassLineItems_A425FC624800F37B7285EE87002DF124_terseLabel_en-US" xlink:label="lab_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassLineItems_A425FC624800F37B7285EE87002DF124" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Indefinite-lived Intangible Assets [Line Items]</link:label>
    <link:label id="lab_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassLineItems_A425FC624800F37B7285EE87002DF124_label_en-US" xlink:label="lab_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassLineItems_A425FC624800F37B7285EE87002DF124" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Indefinite-lived Intangible Assets [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassLineItems" xlink:label="loc_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassLineItems_A425FC624800F37B7285EE87002DF124" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassLineItems_A425FC624800F37B7285EE87002DF124" xlink:to="lab_us-gaap_IndefiniteLivedIntangibleAssetsByMajorClassLineItems_A425FC624800F37B7285EE87002DF124" xlink:type="arc" />
    <link:label id="lab_us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill_83584FBB9C857E4B4A2AEE87002D706F_terseLabel_en-US" xlink:label="lab_us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill_83584FBB9C857E4B4A2AEE87002D706F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Indefinite-Lived Intangible Assets</link:label>
    <link:label id="lab_us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill_83584FBB9C857E4B4A2AEE87002D706F_label_en-US" xlink:label="lab_us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill_83584FBB9C857E4B4A2AEE87002D706F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Indefinite-lived Intangible Assets (Excluding Goodwill)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill" xlink:label="loc_us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill_83584FBB9C857E4B4A2AEE87002D706F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill_83584FBB9C857E4B4A2AEE87002D706F" xlink:to="lab_us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill_83584FBB9C857E4B4A2AEE87002D706F" xlink:type="arc" />
    <link:label id="lab_us-gaap_IntangibleAssetsGrossExcludingGoodwill_39D313D6DDD37B4569D3EE87002E898D_terseLabel_en-US" xlink:label="lab_us-gaap_IntangibleAssetsGrossExcludingGoodwill_39D313D6DDD37B4569D3EE87002E898D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total intangible assets</link:label>
    <link:label id="lab_us-gaap_IntangibleAssetsGrossExcludingGoodwill_39D313D6DDD37B4569D3EE87002E898D_label_en-US" xlink:label="lab_us-gaap_IntangibleAssetsGrossExcludingGoodwill_39D313D6DDD37B4569D3EE87002E898D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Intangible Assets, Gross (Excluding Goodwill)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IntangibleAssetsGrossExcludingGoodwill" xlink:label="loc_us-gaap_IntangibleAssetsGrossExcludingGoodwill_39D313D6DDD37B4569D3EE87002E898D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IntangibleAssetsGrossExcludingGoodwill_39D313D6DDD37B4569D3EE87002E898D" xlink:to="lab_us-gaap_IntangibleAssetsGrossExcludingGoodwill_39D313D6DDD37B4569D3EE87002E898D" xlink:type="arc" />
    <link:label id="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_B2FF766DA60488932485EE87002E5AD1_terseLabel_en-US" xlink:label="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_B2FF766DA60488932485EE87002E5AD1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Intangible assets, net</link:label>
    <link:label id="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_B2FF766DA60488932485EE87002E5AD1_label_en-US" xlink:label="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_B2FF766DA60488932485EE87002E5AD1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Intangible Assets, Net (Excluding Goodwill)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IntangibleAssetsNetExcludingGoodwill" xlink:label="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_B2FF766DA60488932485EE87002E5AD1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_B2FF766DA60488932485EE87002E5AD1" xlink:to="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_B2FF766DA60488932485EE87002E5AD1" xlink:type="arc" />
    <link:label id="lab_us-gaap_LeasesAbstract_0F2F9EE914C0582A9521AF472AC35419_label_en-US" xlink:label="lab_us-gaap_LeasesAbstract_0F2F9EE914C0582A9521AF472AC35419" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Leases [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LeasesAbstract" xlink:label="loc_us-gaap_LeasesAbstract_0F2F9EE914C0582A9521AF472AC35419" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LeasesAbstract_0F2F9EE914C0582A9521AF472AC35419" xlink:to="lab_us-gaap_LeasesAbstract_0F2F9EE914C0582A9521AF472AC35419" xlink:type="arc" />
    <link:label id="lab_us-gaap_LeasesOfLesseeDisclosureTextBlock_54962BA8752F0ED5FBB2AF472AC44133_terseLabel_en-US" xlink:label="lab_us-gaap_LeasesOfLesseeDisclosureTextBlock_54962BA8752F0ED5FBB2AF472AC44133" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Leases</link:label>
    <link:label id="lab_us-gaap_LeasesOfLesseeDisclosureTextBlock_54962BA8752F0ED5FBB2AF472AC44133_label_en-US" xlink:label="lab_us-gaap_LeasesOfLesseeDisclosureTextBlock_54962BA8752F0ED5FBB2AF472AC44133" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Leases of Lessee Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LeasesOfLesseeDisclosureTextBlock" xlink:label="loc_us-gaap_LeasesOfLesseeDisclosureTextBlock_54962BA8752F0ED5FBB2AF472AC44133" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LeasesOfLesseeDisclosureTextBlock_54962BA8752F0ED5FBB2AF472AC44133" xlink:to="lab_us-gaap_LeasesOfLesseeDisclosureTextBlock_54962BA8752F0ED5FBB2AF472AC44133" xlink:type="arc" />
    <link:label id="lab_us-gaap_TreasuryStockAcquiredAverageCostPerShare_E069003E4632CA69FA4ECF76EDF98ABA_terseLabel_en-US" xlink:label="lab_us-gaap_TreasuryStockAcquiredAverageCostPerShare_E069003E4632CA69FA4ECF76EDF98ABA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Average price paid per share (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_TreasuryStockAcquiredAverageCostPerShare_E069003E4632CA69FA4ECF76EDF98ABA_label_en-US" xlink:label="lab_us-gaap_TreasuryStockAcquiredAverageCostPerShare_E069003E4632CA69FA4ECF76EDF98ABA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Treasury Stock Acquired, Average Cost Per Share</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_TreasuryStockAcquiredAverageCostPerShare" xlink:label="loc_us-gaap_TreasuryStockAcquiredAverageCostPerShare_E069003E4632CA69FA4ECF76EDF98ABA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TreasuryStockAcquiredAverageCostPerShare_E069003E4632CA69FA4ECF76EDF98ABA" xlink:to="lab_us-gaap_TreasuryStockAcquiredAverageCostPerShare_E069003E4632CA69FA4ECF76EDF98ABA" xlink:type="arc" />
    <link:label id="lab_us-gaap_TreasuryStockValueAcquiredParValueMethod_FDB37C02AB1F146D6F6DCF76EDF9FE45_terseLabel_en-US" xlink:label="lab_us-gaap_TreasuryStockValueAcquiredParValueMethod_FDB37C02AB1F146D6F6DCF76EDF9FE45" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total purchase price</link:label>
    <link:label id="lab_us-gaap_TreasuryStockValueAcquiredParValueMethod_FDB37C02AB1F146D6F6DCF76EDF9FE45_label_en-US" xlink:label="lab_us-gaap_TreasuryStockValueAcquiredParValueMethod_FDB37C02AB1F146D6F6DCF76EDF9FE45" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Treasury Stock, Value, Acquired, Par Value Method</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_TreasuryStockValueAcquiredParValueMethod" xlink:label="loc_us-gaap_TreasuryStockValueAcquiredParValueMethod_FDB37C02AB1F146D6F6DCF76EDF9FE45" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TreasuryStockValueAcquiredParValueMethod_FDB37C02AB1F146D6F6DCF76EDF9FE45" xlink:to="lab_us-gaap_TreasuryStockValueAcquiredParValueMethod_FDB37C02AB1F146D6F6DCF76EDF9FE45" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevenueFromContractWithCustomerAbstract_7AC6E8B15A3E0E0CA25F8084473E9B75_label_en-US" xlink:label="lab_us-gaap_RevenueFromContractWithCustomerAbstract_1A3651095B6C5EBBA952A5097A2F21C5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue from Contract with Customer [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RevenueFromContractWithCustomerAbstract" xlink:label="loc_us-gaap_RevenueFromContractWithCustomerAbstract_1A3651095B6C5EBBA952A5097A2F21C5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenueFromContractWithCustomerAbstract_1A3651095B6C5EBBA952A5097A2F21C5" xlink:to="lab_us-gaap_RevenueFromContractWithCustomerAbstract_1A3651095B6C5EBBA952A5097A2F21C5" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevenueFromContractWithCustomerTextBlock_23929AF0B1A0324BED7780844742AB46_terseLabel_en-US" xlink:label="lab_us-gaap_RevenueFromContractWithCustomerTextBlock_66D7E40888905DD7B9AE04A429463C58" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred Revenue</link:label>
    <link:label id="lab_us-gaap_RevenueFromContractWithCustomerTextBlock_23929AF0B1A0324BED7780844742AB46_label_en-US" xlink:label="lab_us-gaap_RevenueFromContractWithCustomerTextBlock_66D7E40888905DD7B9AE04A429463C58" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue from Contract with Customer [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RevenueFromContractWithCustomerTextBlock" xlink:label="loc_us-gaap_RevenueFromContractWithCustomerTextBlock_66D7E40888905DD7B9AE04A429463C58" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenueFromContractWithCustomerTextBlock_66D7E40888905DD7B9AE04A429463C58" xlink:to="lab_us-gaap_RevenueFromContractWithCustomerTextBlock_66D7E40888905DD7B9AE04A429463C58" xlink:type="arc" />
    <link:label id="lab_ndaq_ScheduleofDebtTable_ED516F4F8BD3151892DBCD56F4D041DB_terseLabel_en-US" xlink:label="lab_ndaq_ScheduleofDebtTable_ED516F4F8BD3151892DBCD56F4D041DB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Debt [Table]</link:label>
    <link:label id="lab_ndaq_ScheduleofDebtTable_ED516F4F8BD3151892DBCD56F4D041DB_label_en-US" xlink:label="lab_ndaq_ScheduleofDebtTable_ED516F4F8BD3151892DBCD56F4D041DB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Debt [Table]</link:label>
    <link:label id="lab_ndaq_ScheduleofDebtTable_ED516F4F8BD3151892DBCD56F4D041DB_documentation_en-US" xlink:label="lab_ndaq_ScheduleofDebtTable_ED516F4F8BD3151892DBCD56F4D041DB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Debt [Table]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ScheduleofDebtTable" xlink:label="loc_ndaq_ScheduleofDebtTable_ED516F4F8BD3151892DBCD56F4D041DB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ScheduleofDebtTable_ED516F4F8BD3151892DBCD56F4D041DB" xlink:to="lab_ndaq_ScheduleofDebtTable_ED516F4F8BD3151892DBCD56F4D041DB" xlink:type="arc" />
    <link:label id="lab_ndaq_SeniorUnsecuredFloatingRateNotesDueMarch2019Member_2DC47216B2DE6FE11511CD56F4D471B1_terseLabel_en-US" xlink:label="lab_ndaq_SeniorUnsecuredFloatingRateNotesDueMarch2019Member_2DC47216B2DE6FE11511CD56F4D471B1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior unsecured floating rate notes due March 22, 2019</link:label>
    <link:label id="lab_ndaq_SeniorUnsecuredFloatingRateNotesDueMarch2019Member_2DC47216B2DE6FE11511CD56F4D471B1_label_en-US" xlink:label="lab_ndaq_SeniorUnsecuredFloatingRateNotesDueMarch2019Member_2DC47216B2DE6FE11511CD56F4D471B1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Unsecured Floating Rate Notes Due March 2019 [Member]</link:label>
    <link:label id="lab_ndaq_SeniorUnsecuredFloatingRateNotesDueMarch2019Member_2DC47216B2DE6FE11511CD56F4D471B1_documentation_en-US" xlink:label="lab_ndaq_SeniorUnsecuredFloatingRateNotesDueMarch2019Member_2DC47216B2DE6FE11511CD56F4D471B1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Senior Unsecured Floating Rate notes Due March 2019 [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_SeniorUnsecuredFloatingRateNotesDueMarch2019Member" xlink:label="loc_ndaq_SeniorUnsecuredFloatingRateNotesDueMarch2019Member_2DC47216B2DE6FE11511CD56F4D471B1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_SeniorUnsecuredFloatingRateNotesDueMarch2019Member_2DC47216B2DE6FE11511CD56F4D471B1" xlink:to="lab_ndaq_SeniorUnsecuredFloatingRateNotesDueMarch2019Member_2DC47216B2DE6FE11511CD56F4D471B1" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevolvingCreditFacilityMember_933781B267E93B57C5AECD56F4D5033E_terseLabel_en-US" xlink:label="lab_us-gaap_RevolvingCreditFacilityMember_933781B267E93B57C5AECD56F4D5033E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revolving Credit Facility</link:label>
    <link:label id="lab_us-gaap_RevolvingCreditFacilityMember_933781B267E93B57C5AECD56F4D5033E_label_en-US" xlink:label="lab_us-gaap_RevolvingCreditFacilityMember_933781B267E93B57C5AECD56F4D5033E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revolving Credit Facility [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RevolvingCreditFacilityMember" xlink:label="loc_us-gaap_RevolvingCreditFacilityMember_933781B267E93B57C5AECD56F4D5033E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevolvingCreditFacilityMember_933781B267E93B57C5AECD56F4D5033E" xlink:to="lab_us-gaap_RevolvingCreditFacilityMember_933781B267E93B57C5AECD56F4D5033E" xlink:type="arc" />
    <link:label id="lab_ndaq_FivePointFiveFivePercentSeniorUnsecuredNotesDueJanuaryFifteenTwoThousandTwentyMember_5315886F02BB8EDC7D19CD56F4D6E900_terseLabel_en-US" xlink:label="lab_ndaq_FivePointFiveFivePercentSeniorUnsecuredNotesDueJanuaryFifteenTwoThousandTwentyMember_5315886F02BB8EDC7D19CD56F4D6E900" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">5.55% senior unsecured notes due January 15, 2020</link:label>
    <link:label id="lab_ndaq_FivePointFiveFivePercentSeniorUnsecuredNotesDueJanuaryFifteenTwoThousandTwentyMember_5315886F02BB8EDC7D19CD56F4D6E900_label_en-US" xlink:label="lab_ndaq_FivePointFiveFivePercentSeniorUnsecuredNotesDueJanuaryFifteenTwoThousandTwentyMember_5315886F02BB8EDC7D19CD56F4D6E900" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Five Point Five Five Percent Senior Unsecured Notes Due January Fifteen Two Thousand Twenty [Member]</link:label>
    <link:label id="lab_ndaq_FivePointFiveFivePercentSeniorUnsecuredNotesDueJanuaryFifteenTwoThousandTwentyMember_5315886F02BB8EDC7D19CD56F4D6E900_documentation_en-US" xlink:label="lab_ndaq_FivePointFiveFivePercentSeniorUnsecuredNotesDueJanuaryFifteenTwoThousandTwentyMember_5315886F02BB8EDC7D19CD56F4D6E900" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Five Point Five Five Percent Senior Unsecured Notes Due January Fifteen Two Thousand Twenty [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_FivePointFiveFivePercentSeniorUnsecuredNotesDueJanuaryFifteenTwoThousandTwentyMember" xlink:label="loc_ndaq_FivePointFiveFivePercentSeniorUnsecuredNotesDueJanuaryFifteenTwoThousandTwentyMember_5315886F02BB8EDC7D19CD56F4D6E900" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_FivePointFiveFivePercentSeniorUnsecuredNotesDueJanuaryFifteenTwoThousandTwentyMember_5315886F02BB8EDC7D19CD56F4D6E900" xlink:to="lab_ndaq_FivePointFiveFivePercentSeniorUnsecuredNotesDueJanuaryFifteenTwoThousandTwentyMember_5315886F02BB8EDC7D19CD56F4D6E900" xlink:type="arc" />
    <link:label id="lab_ndaq_ThreePointEightSevenFivePercentSeniorUnsecuredNotesDueJune72021Member_2381B7B526290D04B4E8CD56F4D622B9_terseLabel_en-US" xlink:label="lab_ndaq_ThreePointEightSevenFivePercentSeniorUnsecuredNotesDueJune72021Member_2381B7B526290D04B4E8CD56F4D622B9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">3.875% senior unsecured notes due June 7, 2021</link:label>
    <link:label id="lab_ndaq_ThreePointEightSevenFivePercentSeniorUnsecuredNotesDueJune72021Member_2381B7B526290D04B4E8CD56F4D622B9_label_en-US" xlink:label="lab_ndaq_ThreePointEightSevenFivePercentSeniorUnsecuredNotesDueJune72021Member_2381B7B526290D04B4E8CD56F4D622B9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Three Point Eight Seven Five Percent Senior Unsecured Notes Due June72021 [Member]</link:label>
    <link:label id="lab_ndaq_ThreePointEightSevenFivePercentSeniorUnsecuredNotesDueJune72021Member_2381B7B526290D04B4E8CD56F4D622B9_documentation_en-US" xlink:label="lab_ndaq_ThreePointEightSevenFivePercentSeniorUnsecuredNotesDueJune72021Member_2381B7B526290D04B4E8CD56F4D622B9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">3.875% senior unsecured notes due June 7, 2021 [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ThreePointEightSevenFivePercentSeniorUnsecuredNotesDueJune72021Member" xlink:label="loc_ndaq_ThreePointEightSevenFivePercentSeniorUnsecuredNotesDueJune72021Member_2381B7B526290D04B4E8CD56F4D622B9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ThreePointEightSevenFivePercentSeniorUnsecuredNotesDueJune72021Member_2381B7B526290D04B4E8CD56F4D622B9" xlink:to="lab_ndaq_ThreePointEightSevenFivePercentSeniorUnsecuredNotesDueJune72021Member_2381B7B526290D04B4E8CD56F4D622B9" xlink:type="arc" />
    <link:label id="lab_ndaq_FourPointTwoFivePercentSeniorUnsecuredNotesDueJune12024Member_4EDCFFA595D584851E20CD56F4D67152_terseLabel_en-US" xlink:label="lab_ndaq_FourPointTwoFivePercentSeniorUnsecuredNotesDueJune12024Member_4EDCFFA595D584851E20CD56F4D67152" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">4.25% senior unsecured notes due June 1, 2024</link:label>
    <link:label id="lab_ndaq_FourPointTwoFivePercentSeniorUnsecuredNotesDueJune12024Member_4EDCFFA595D584851E20CD56F4D67152_label_en-US" xlink:label="lab_ndaq_FourPointTwoFivePercentSeniorUnsecuredNotesDueJune12024Member_4EDCFFA595D584851E20CD56F4D67152" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Four Point Two Five Percent Senior Unsecured Notes Due June12024 [Member]</link:label>
    <link:label id="lab_ndaq_FourPointTwoFivePercentSeniorUnsecuredNotesDueJune12024Member_4EDCFFA595D584851E20CD56F4D67152_documentation_en-US" xlink:label="lab_ndaq_FourPointTwoFivePercentSeniorUnsecuredNotesDueJune12024Member_4EDCFFA595D584851E20CD56F4D67152" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Four Point Two Five Percent Senior Unsecured Notes Due June 1 2024 [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_FourPointTwoFivePercentSeniorUnsecuredNotesDueJune12024Member" xlink:label="loc_ndaq_FourPointTwoFivePercentSeniorUnsecuredNotesDueJune12024Member_4EDCFFA595D584851E20CD56F4D67152" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_FourPointTwoFivePercentSeniorUnsecuredNotesDueJune12024Member_4EDCFFA595D584851E20CD56F4D67152" xlink:to="lab_ndaq_FourPointTwoFivePercentSeniorUnsecuredNotesDueJune12024Member_4EDCFFA595D584851E20CD56F4D67152" xlink:type="arc" />
    <link:label id="lab_ndaq_OnePointSevenFiveSeniorUnsecuredNotesDueMay192023Member_0049097F72142428C260CD56F4D63EC9_terseLabel_en-US" xlink:label="lab_ndaq_OnePointSevenFiveSeniorUnsecuredNotesDueMay192023Member_0049097F72142428C260CD56F4D63EC9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">1.75% senior unsecured notes due May 19, 2023</link:label>
    <link:label id="lab_ndaq_OnePointSevenFiveSeniorUnsecuredNotesDueMay192023Member_0049097F72142428C260CD56F4D63EC9_label_en-US" xlink:label="lab_ndaq_OnePointSevenFiveSeniorUnsecuredNotesDueMay192023Member_0049097F72142428C260CD56F4D63EC9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">One Point Seven Five Senior Unsecured Notes Due May192023 [Member]</link:label>
    <link:label id="lab_ndaq_OnePointSevenFiveSeniorUnsecuredNotesDueMay192023Member_0049097F72142428C260CD56F4D63EC9_documentation_en-US" xlink:label="lab_ndaq_OnePointSevenFiveSeniorUnsecuredNotesDueMay192023Member_0049097F72142428C260CD56F4D63EC9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">One Point Seven Five Senior Unsecured Notes Due May192023 [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_OnePointSevenFiveSeniorUnsecuredNotesDueMay192023Member" xlink:label="loc_ndaq_OnePointSevenFiveSeniorUnsecuredNotesDueMay192023Member_0049097F72142428C260CD56F4D63EC9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_OnePointSevenFiveSeniorUnsecuredNotesDueMay192023Member_0049097F72142428C260CD56F4D63EC9" xlink:to="lab_ndaq_OnePointSevenFiveSeniorUnsecuredNotesDueMay192023Member_0049097F72142428C260CD56F4D63EC9" xlink:type="arc" />
    <link:label id="lab_ndaq_OneBillionFiveYearRevolvingCreditFacilityMember_20A37519D1BEFD2EF91ECD56F4D7E5A6_terseLabel_en-US" xlink:label="lab_ndaq_OneBillionFiveYearRevolvingCreditFacilityMember_20A37519D1BEFD2EF91ECD56F4D7E5A6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">$1 billion revolving credit commitment due April 25, 2022 (average interest rate of 2.74% for the period January 1, 2018 through December 31, 2018)</link:label>
    <link:label id="lab_ndaq_OneBillionFiveYearRevolvingCreditFacilityMember_20A37519D1BEFD2EF91ECD56F4D7E5A6_label_en-US" xlink:label="lab_ndaq_OneBillionFiveYearRevolvingCreditFacilityMember_20A37519D1BEFD2EF91ECD56F4D7E5A6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">One Billion, Five-Year Revolving Credit Facility [Member]</link:label>
    <link:label id="lab_ndaq_OneBillionFiveYearRevolvingCreditFacilityMember_20A37519D1BEFD2EF91ECD56F4D7E5A6_documentation_en-US" xlink:label="lab_ndaq_OneBillionFiveYearRevolvingCreditFacilityMember_20A37519D1BEFD2EF91ECD56F4D7E5A6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">One Billion, Five-Year Revolving Credit Facility [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_OneBillionFiveYearRevolvingCreditFacilityMember" xlink:label="loc_ndaq_OneBillionFiveYearRevolvingCreditFacilityMember_20A37519D1BEFD2EF91ECD56F4D7E5A6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_OneBillionFiveYearRevolvingCreditFacilityMember_20A37519D1BEFD2EF91ECD56F4D7E5A6" xlink:to="lab_ndaq_OneBillionFiveYearRevolvingCreditFacilityMember_20A37519D1BEFD2EF91ECD56F4D7E5A6" xlink:type="arc" />
    <link:label id="lab_ndaq_ScheduleofDebtLineItems_027023E3479FCDBFEB02CD56F4D7DD67_terseLabel_en-US" xlink:label="lab_ndaq_ScheduleofDebtLineItems_027023E3479FCDBFEB02CD56F4D7DD67" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Debt [Line Items]</link:label>
    <link:label id="lab_ndaq_ScheduleofDebtLineItems_027023E3479FCDBFEB02CD56F4D7DD67_label_en-US" xlink:label="lab_ndaq_ScheduleofDebtLineItems_027023E3479FCDBFEB02CD56F4D7DD67" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Debt [Line Items]</link:label>
    <link:label id="lab_ndaq_ScheduleofDebtLineItems_027023E3479FCDBFEB02CD56F4D7DD67_documentation_en-US" xlink:label="lab_ndaq_ScheduleofDebtLineItems_027023E3479FCDBFEB02CD56F4D7DD67" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">[Line Items] for Schedule of Debt [Table]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ScheduleofDebtLineItems" xlink:label="loc_ndaq_ScheduleofDebtLineItems_027023E3479FCDBFEB02CD56F4D7DD67" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ScheduleofDebtLineItems_027023E3479FCDBFEB02CD56F4D7DD67" xlink:to="lab_ndaq_ScheduleofDebtLineItems_027023E3479FCDBFEB02CD56F4D7DD67" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_99B0C735E6E5C52DFA54CD56F4D882FF_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_99B0C735E6E5C52DFA54CD56F4D882FF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Facility borrowing capacity</link:label>
    <link:label id="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_99B0C735E6E5C52DFA54CD56F4D882FF_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_99B0C735E6E5C52DFA54CD56F4D882FF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Maximum Borrowing Capacity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="loc_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_99B0C735E6E5C52DFA54CD56F4D882FF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_99B0C735E6E5C52DFA54CD56F4D882FF" xlink:to="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_99B0C735E6E5C52DFA54CD56F4D882FF" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentInterestRateDuringPeriod_AC240EC0EC8EF8093844CD56F4D784D7_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateDuringPeriod_AC240EC0EC8EF8093844CD56F4D784D7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest rate</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentInterestRateDuringPeriod_AC240EC0EC8EF8093844CD56F4D784D7_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateDuringPeriod_AC240EC0EC8EF8093844CD56F4D784D7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Interest Rate During Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DebtInstrumentInterestRateDuringPeriod" xlink:label="loc_us-gaap_DebtInstrumentInterestRateDuringPeriod_AC240EC0EC8EF8093844CD56F4D784D7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentInterestRateDuringPeriod_AC240EC0EC8EF8093844CD56F4D784D7" xlink:to="lab_us-gaap_DebtInstrumentInterestRateDuringPeriod_AC240EC0EC8EF8093844CD56F4D784D7" xlink:type="arc" />
    <link:label id="lab_ndaq_ChangesInShortTermDebtObligationsRollForward_9DC698BDE724BD217A32CD56F4D80417_terseLabel_en-US" xlink:label="lab_ndaq_ChangesInShortTermDebtObligationsRollForward_9DC698BDE724BD217A32CD56F4D80417" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Changes In Short-Term Debt Obligations [Roll Forward]</link:label>
    <link:label id="lab_ndaq_ChangesInShortTermDebtObligationsRollForward_9DC698BDE724BD217A32CD56F4D80417_label_en-US" xlink:label="lab_ndaq_ChangesInShortTermDebtObligationsRollForward_9DC698BDE724BD217A32CD56F4D80417" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Changes In Short-Term Debt Obligations [Roll Forward]</link:label>
    <link:label id="lab_ndaq_ChangesInShortTermDebtObligationsRollForward_9DC698BDE724BD217A32CD56F4D80417_documentation_en-US" xlink:label="lab_ndaq_ChangesInShortTermDebtObligationsRollForward_9DC698BDE724BD217A32CD56F4D80417" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Changes In Short-Term Debt Obligations [Roll Forward]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ChangesInShortTermDebtObligationsRollForward" xlink:label="loc_ndaq_ChangesInShortTermDebtObligationsRollForward_9DC698BDE724BD217A32CD56F4D80417" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ChangesInShortTermDebtObligationsRollForward_9DC698BDE724BD217A32CD56F4D80417" xlink:to="lab_ndaq_ChangesInShortTermDebtObligationsRollForward_9DC698BDE724BD217A32CD56F4D80417" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShortTermBorrowings_6FC1EA717EB2FF4F1D3ACD56F4D8C55A_periodStartLabel_en-US" xlink:label="lab_us-gaap_ShortTermBorrowings_6FC1EA717EB2FF4F1D3ACD56F4D8C55A" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Short-term debt - commercial paper beginning balance</link:label>
    <link:label id="lab_us-gaap_ShortTermBorrowings_6FC1EA717EB2FF4F1D3ACD56F4D8C55A_label_en-US" xlink:label="lab_us-gaap_ShortTermBorrowings_6FC1EA717EB2FF4F1D3ACD56F4D8C55A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Short-term Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShortTermBorrowings" xlink:label="loc_us-gaap_ShortTermBorrowings_6FC1EA717EB2FF4F1D3ACD56F4D8C55A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShortTermBorrowings_6FC1EA717EB2FF4F1D3ACD56F4D8C55A" xlink:to="lab_us-gaap_ShortTermBorrowings_6FC1EA717EB2FF4F1D3ACD56F4D8C55A" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromShortTermDebt_76AC4A604A97B5624CADCD56F4D83087_verboseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromShortTermDebt_76AC4A604A97B5624CADCD56F4D83087" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Additions</link:label>
    <link:label id="lab_us-gaap_ProceedsFromShortTermDebt_76AC4A604A97B5624CADCD56F4D83087_label_en-US" xlink:label="lab_us-gaap_ProceedsFromShortTermDebt_76AC4A604A97B5624CADCD56F4D83087" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Short-term Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProceedsFromShortTermDebt" xlink:label="loc_us-gaap_ProceedsFromShortTermDebt_76AC4A604A97B5624CADCD56F4D83087" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromShortTermDebt_76AC4A604A97B5624CADCD56F4D83087" xlink:to="lab_us-gaap_ProceedsFromShortTermDebt_76AC4A604A97B5624CADCD56F4D83087" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromRepaymentsOfShortTermDebt_ED86E1E48B5E618629CFCD56F4D8B467_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromRepaymentsOfShortTermDebt_ED86E1E48B5E618629CFCD56F4D8B467" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Payments, Accretion and Other</link:label>
    <link:label id="lab_us-gaap_ProceedsFromRepaymentsOfShortTermDebt_ED86E1E48B5E618629CFCD56F4D8B467_label_en-US" xlink:label="lab_us-gaap_ProceedsFromRepaymentsOfShortTermDebt_ED86E1E48B5E618629CFCD56F4D8B467" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from (Repayments of) Short-term Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProceedsFromRepaymentsOfShortTermDebt" xlink:label="loc_us-gaap_ProceedsFromRepaymentsOfShortTermDebt_ED86E1E48B5E618629CFCD56F4D8B467" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromRepaymentsOfShortTermDebt_ED86E1E48B5E618629CFCD56F4D8B467" xlink:to="lab_us-gaap_ProceedsFromRepaymentsOfShortTermDebt_ED86E1E48B5E618629CFCD56F4D8B467" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShortTermBorrowings_06553DF30FA2B7177A6ACD56F4D9B77A_periodEndLabel_en-US" xlink:label="lab_us-gaap_ShortTermBorrowings_06553DF30FA2B7177A6ACD56F4D9B77A" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Short-term debt - commercial paper ending balance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShortTermBorrowings" xlink:label="loc_us-gaap_ShortTermBorrowings_06553DF30FA2B7177A6ACD56F4D9B77A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShortTermBorrowings_06553DF30FA2B7177A6ACD56F4D9B77A" xlink:to="lab_us-gaap_ShortTermBorrowings_06553DF30FA2B7177A6ACD56F4D9B77A" xlink:type="arc" />
    <link:label id="lab_ndaq_ChangesinLongTermDebtObligationsRollForward_239F33920F28297F6DE4CD56F4D91C00_terseLabel_en-US" xlink:label="lab_ndaq_ChangesinLongTermDebtObligationsRollForward_239F33920F28297F6DE4CD56F4D91C00" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Changes in Long-Term Debt Obligations [Roll Forward]</link:label>
    <link:label id="lab_ndaq_ChangesinLongTermDebtObligationsRollForward_239F33920F28297F6DE4CD56F4D91C00_label_en-US" xlink:label="lab_ndaq_ChangesinLongTermDebtObligationsRollForward_239F33920F28297F6DE4CD56F4D91C00" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Changes in Long-Term Debt Obligations [Roll Forward]</link:label>
    <link:label id="lab_ndaq_ChangesinLongTermDebtObligationsRollForward_239F33920F28297F6DE4CD56F4D91C00_documentation_en-US" xlink:label="lab_ndaq_ChangesinLongTermDebtObligationsRollForward_239F33920F28297F6DE4CD56F4D91C00" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Changes in Long-Term Debt Obligations [Roll Forward]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ChangesinLongTermDebtObligationsRollForward" xlink:label="loc_ndaq_ChangesinLongTermDebtObligationsRollForward_239F33920F28297F6DE4CD56F4D91C00" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ChangesinLongTermDebtObligationsRollForward_239F33920F28297F6DE4CD56F4D91C00" xlink:to="lab_ndaq_ChangesinLongTermDebtObligationsRollForward_239F33920F28297F6DE4CD56F4D91C00" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebt_8A293A56ECCFCA264CD7CD56F4D97F31_periodStartLabel_en-US" xlink:label="lab_us-gaap_LongTermDebt_8A293A56ECCFCA264CD7CD56F4D97F31" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Long-term debt obligations at beginning of period</link:label>
    <link:label id="lab_us-gaap_LongTermDebt_8A293A56ECCFCA264CD7CD56F4D97F31_label_en-US" xlink:label="lab_us-gaap_LongTermDebt_8A293A56ECCFCA264CD7CD56F4D97F31" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LongTermDebt" xlink:label="loc_us-gaap_LongTermDebt_8A293A56ECCFCA264CD7CD56F4D97F31" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebt_8A293A56ECCFCA264CD7CD56F4D97F31" xlink:to="lab_us-gaap_LongTermDebt_8A293A56ECCFCA264CD7CD56F4D97F31" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebt_68E4C0DAC494139F14D0CD56F4D910A6_verboseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebt_68E4C0DAC494139F14D0CD56F4D910A6" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Additions</link:label>
    <link:label id="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebt_68E4C0DAC494139F14D0CD56F4D910A6_label_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebt_68E4C0DAC494139F14D0CD56F4D910A6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Issuance of Long-term Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProceedsFromIssuanceOfLongTermDebt" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfLongTermDebt_68E4C0DAC494139F14D0CD56F4D910A6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromIssuanceOfLongTermDebt_68E4C0DAC494139F14D0CD56F4D910A6" xlink:to="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebt_68E4C0DAC494139F14D0CD56F4D910A6" xlink:type="arc" />
    <link:label id="lab_ndaq_PaymentsAccretionsAndOtherofLongtermDebt_B4DA5DE627361EE5B32ACD56F4DAACB5_negatedLabel_en-US" xlink:label="lab_ndaq_PaymentsAccretionsAndOtherofLongtermDebt_B4DA5DE627361EE5B32ACD56F4DAACB5" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Payments, Accretion and Other</link:label>
    <link:label id="lab_ndaq_PaymentsAccretionsAndOtherofLongtermDebt_B4DA5DE627361EE5B32ACD56F4DAACB5_label_en-US" xlink:label="lab_ndaq_PaymentsAccretionsAndOtherofLongtermDebt_B4DA5DE627361EE5B32ACD56F4DAACB5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments (Accretions) And Other of Long-term Debt</link:label>
    <link:label id="lab_ndaq_PaymentsAccretionsAndOtherofLongtermDebt_B4DA5DE627361EE5B32ACD56F4DAACB5_documentation_en-US" xlink:label="lab_ndaq_PaymentsAccretionsAndOtherofLongtermDebt_B4DA5DE627361EE5B32ACD56F4DAACB5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Payments (Accretions) And Other of Long-term Debt</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_PaymentsAccretionsAndOtherofLongtermDebt" xlink:label="loc_ndaq_PaymentsAccretionsAndOtherofLongtermDebt_B4DA5DE627361EE5B32ACD56F4DAACB5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_PaymentsAccretionsAndOtherofLongtermDebt_B4DA5DE627361EE5B32ACD56F4DAACB5" xlink:to="lab_ndaq_PaymentsAccretionsAndOtherofLongtermDebt_B4DA5DE627361EE5B32ACD56F4DAACB5" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebt_0F3259245FBCFB708AEBCD56F4DA0156_periodEndLabel_en-US" xlink:label="lab_us-gaap_LongTermDebt_0F3259245FBCFB708AEBCD56F4DA0156" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Long-term debt obligations at end of period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LongTermDebt" xlink:label="loc_us-gaap_LongTermDebt_0F3259245FBCFB708AEBCD56F4DA0156" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebt_0F3259245FBCFB708AEBCD56F4DA0156" xlink:to="lab_us-gaap_LongTermDebt_0F3259245FBCFB708AEBCD56F4DA0156" xlink:type="arc" />
    <link:label id="lab_ndaq_ChangesInDebtObligationsRollForward_210178079528D67D9BBACD56F4DAAC66_terseLabel_en-US" xlink:label="lab_ndaq_ChangesInDebtObligationsRollForward_210178079528D67D9BBACD56F4DAAC66" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Changes In Debt Obligations [Roll Forward]</link:label>
    <link:label id="lab_ndaq_ChangesInDebtObligationsRollForward_210178079528D67D9BBACD56F4DAAC66_label_en-US" xlink:label="lab_ndaq_ChangesInDebtObligationsRollForward_210178079528D67D9BBACD56F4DAAC66" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Changes In Debt Obligations [Roll Forward]</link:label>
    <link:label id="lab_ndaq_ChangesInDebtObligationsRollForward_210178079528D67D9BBACD56F4DAAC66_documentation_en-US" xlink:label="lab_ndaq_ChangesInDebtObligationsRollForward_210178079528D67D9BBACD56F4DAAC66" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Changes In Debt Obligations [Roll Forward]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ChangesInDebtObligationsRollForward" xlink:label="loc_ndaq_ChangesInDebtObligationsRollForward_210178079528D67D9BBACD56F4DAAC66" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ChangesInDebtObligationsRollForward_210178079528D67D9BBACD56F4DAAC66" xlink:to="lab_ndaq_ChangesInDebtObligationsRollForward_210178079528D67D9BBACD56F4DAAC66" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtLongtermAndShorttermCombinedAmount_9BEA8DBBF1B26A595D8DCD56F4DAF64D_periodStartLabel_en-US" xlink:label="lab_us-gaap_DebtLongtermAndShorttermCombinedAmount_9BEA8DBBF1B26A595D8DCD56F4DAF64D" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Total debt obligations at beginning of period</link:label>
    <link:label id="lab_us-gaap_DebtLongtermAndShorttermCombinedAmount_9BEA8DBBF1B26A595D8DCD56F4DAF64D_label_en-US" xlink:label="lab_us-gaap_DebtLongtermAndShorttermCombinedAmount_9BEA8DBBF1B26A595D8DCD56F4DAF64D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt, Long-term and Short-term, Combined Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DebtLongtermAndShorttermCombinedAmount" xlink:label="loc_us-gaap_DebtLongtermAndShorttermCombinedAmount_9BEA8DBBF1B26A595D8DCD56F4DAF64D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtLongtermAndShorttermCombinedAmount_9BEA8DBBF1B26A595D8DCD56F4DAF64D" xlink:to="lab_us-gaap_DebtLongtermAndShorttermCombinedAmount_9BEA8DBBF1B26A595D8DCD56F4DAF64D" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromIssuanceOfDebt_9C7C963A9C02C0DF9385CD56F4DA0007_totalLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfDebt_9C7C963A9C02C0DF9385CD56F4DA0007" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Additions</link:label>
    <link:label id="lab_us-gaap_ProceedsFromIssuanceOfDebt_9C7C963A9C02C0DF9385CD56F4DA0007_label_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfDebt_9C7C963A9C02C0DF9385CD56F4DA0007" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Issuance of Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProceedsFromIssuanceOfDebt" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfDebt_9C7C963A9C02C0DF9385CD56F4DA0007" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromIssuanceOfDebt_9C7C963A9C02C0DF9385CD56F4DA0007" xlink:to="lab_us-gaap_ProceedsFromIssuanceOfDebt_9C7C963A9C02C0DF9385CD56F4DA0007" xlink:type="arc" />
    <link:label id="lab_ndaq_PaymentsAccretionsAndOtherOfLongTermAndShortTermDebt_1E639A3022E51274FC68CD56F4DB366B_negatedTotalLabel_en-US" xlink:label="lab_ndaq_PaymentsAccretionsAndOtherOfLongTermAndShortTermDebt_1E639A3022E51274FC68CD56F4DB366B" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US">Payments, Accretion and Other</link:label>
    <link:label id="lab_ndaq_PaymentsAccretionsAndOtherOfLongTermAndShortTermDebt_1E639A3022E51274FC68CD56F4DB366B_label_en-US" xlink:label="lab_ndaq_PaymentsAccretionsAndOtherOfLongTermAndShortTermDebt_1E639A3022E51274FC68CD56F4DB366B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments (Accretions) And Other Of Long-Term And Short-Term Debt</link:label>
    <link:label id="lab_ndaq_PaymentsAccretionsAndOtherOfLongTermAndShortTermDebt_1E639A3022E51274FC68CD56F4DB366B_documentation_en-US" xlink:label="lab_ndaq_PaymentsAccretionsAndOtherOfLongTermAndShortTermDebt_1E639A3022E51274FC68CD56F4DB366B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Payments (Accretions) And Other Of Long-Term And Short-Term Debt</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_PaymentsAccretionsAndOtherOfLongTermAndShortTermDebt" xlink:label="loc_ndaq_PaymentsAccretionsAndOtherOfLongTermAndShortTermDebt_1E639A3022E51274FC68CD56F4DB366B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_PaymentsAccretionsAndOtherOfLongTermAndShortTermDebt_1E639A3022E51274FC68CD56F4DB366B" xlink:to="lab_ndaq_PaymentsAccretionsAndOtherOfLongTermAndShortTermDebt_1E639A3022E51274FC68CD56F4DB366B" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtLongtermAndShorttermCombinedAmount_52143381A8AA0EA80850CD56F4DBA9C0_periodEndLabel_en-US" xlink:label="lab_us-gaap_DebtLongtermAndShorttermCombinedAmount_52143381A8AA0EA80850CD56F4DBA9C0" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Total debt obligations at end of period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DebtLongtermAndShorttermCombinedAmount" xlink:label="loc_us-gaap_DebtLongtermAndShorttermCombinedAmount_52143381A8AA0EA80850CD56F4DBA9C0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtLongtermAndShorttermCombinedAmount_52143381A8AA0EA80850CD56F4DBA9C0" xlink:to="lab_us-gaap_DebtLongtermAndShorttermCombinedAmount_52143381A8AA0EA80850CD56F4DBA9C0" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTable_6DE12E042E18E1C325A806A872522AC1_terseLabel_en-US" xlink:label="lab_us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTable_6DE12E042E18E1C325A806A872522AC1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table]</link:label>
    <link:label id="lab_us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTable_6DE12E042E18E1C325A806A872522AC1_label_en-US" xlink:label="lab_us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTable_6DE12E042E18E1C325A806A872522AC1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTable" xlink:label="loc_us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTable_6DE12E042E18E1C325A806A872522AC1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTable_6DE12E042E18E1C325A806A872522AC1" xlink:to="lab_us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTable_6DE12E042E18E1C325A806A872522AC1" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountingStandardsUpdate201602Member_F9D7762D2BCF650FD43906FAE88429E3_terseLabel_en-US" xlink:label="lab_us-gaap_AccountingStandardsUpdate201602Member_F9D7762D2BCF650FD43906FAE88429E3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounting Standards Update 2016-02</link:label>
    <link:label id="lab_us-gaap_AccountingStandardsUpdate201602Member_F9D7762D2BCF650FD43906FAE88429E3_label_en-US" xlink:label="lab_us-gaap_AccountingStandardsUpdate201602Member_F9D7762D2BCF650FD43906FAE88429E3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounting Standards Update 2016-02 [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AccountingStandardsUpdate201602Member" xlink:label="loc_us-gaap_AccountingStandardsUpdate201602Member_F9D7762D2BCF650FD43906FAE88429E3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountingStandardsUpdate201602Member_F9D7762D2BCF650FD43906FAE88429E3" xlink:to="lab_us-gaap_AccountingStandardsUpdate201602Member_F9D7762D2BCF650FD43906FAE88429E3" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentByTypeAxis_6988B2585A2D8764616406A872534F94_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentByTypeAxis_6988B2585A2D8764616406A872534F94" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Type [Axis]</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentByTypeAxis_6988B2585A2D8764616406A872534F94_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentByTypeAxis_6988B2585A2D8764616406A872534F94" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PropertyPlantAndEquipmentByTypeAxis" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentByTypeAxis_6988B2585A2D8764616406A872534F94" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentByTypeAxis_6988B2585A2D8764616406A872534F94" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentByTypeAxis_6988B2585A2D8764616406A872534F94" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentTypeDomain_7C3EDCADC1D083292A7B06A8725358C6_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentTypeDomain_7C3EDCADC1D083292A7B06A8725358C6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Type [Domain]</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentTypeDomain_7C3EDCADC1D083292A7B06A8725358C6_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentTypeDomain_7C3EDCADC1D083292A7B06A8725358C6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Type [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTypeDomain" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentTypeDomain_7C3EDCADC1D083292A7B06A8725358C6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentTypeDomain_7C3EDCADC1D083292A7B06A8725358C6" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentTypeDomain_7C3EDCADC1D083292A7B06A8725358C6" xlink:type="arc" />
    <link:label id="lab_us-gaap_BuildingAndBuildingImprovementsMember_B7F1F4999696FDD57F5E06A872542979_terseLabel_en-US" xlink:label="lab_us-gaap_BuildingAndBuildingImprovementsMember_B7F1F4999696FDD57F5E06A872542979" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Building and Building Improvements</link:label>
    <link:label id="lab_us-gaap_BuildingAndBuildingImprovementsMember_B7F1F4999696FDD57F5E06A872542979_label_en-US" xlink:label="lab_us-gaap_BuildingAndBuildingImprovementsMember_B7F1F4999696FDD57F5E06A872542979" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Building and Building Improvements [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_BuildingAndBuildingImprovementsMember" xlink:label="loc_us-gaap_BuildingAndBuildingImprovementsMember_B7F1F4999696FDD57F5E06A872542979" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BuildingAndBuildingImprovementsMember_B7F1F4999696FDD57F5E06A872542979" xlink:to="lab_us-gaap_BuildingAndBuildingImprovementsMember_B7F1F4999696FDD57F5E06A872542979" xlink:type="arc" />
    <link:label id="lab_ndaq_DataProcessingEquipmentAndSoftwareMember_9FB570F1BF3C5ABF35E706A87254FF1D_terseLabel_en-US" xlink:label="lab_ndaq_DataProcessingEquipmentAndSoftwareMember_9FB570F1BF3C5ABF35E706A87254FF1D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Data processing equipment and software</link:label>
    <link:label id="lab_ndaq_DataProcessingEquipmentAndSoftwareMember_9FB570F1BF3C5ABF35E706A87254FF1D_label_en-US" xlink:label="lab_ndaq_DataProcessingEquipmentAndSoftwareMember_9FB570F1BF3C5ABF35E706A87254FF1D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Data Processing Equipment And Software [Member]</link:label>
    <link:label id="lab_ndaq_DataProcessingEquipmentAndSoftwareMember_9FB570F1BF3C5ABF35E706A87254FF1D_documentation_en-US" xlink:label="lab_ndaq_DataProcessingEquipmentAndSoftwareMember_9FB570F1BF3C5ABF35E706A87254FF1D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Data processing equipment and software [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_DataProcessingEquipmentAndSoftwareMember" xlink:label="loc_ndaq_DataProcessingEquipmentAndSoftwareMember_9FB570F1BF3C5ABF35E706A87254FF1D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_DataProcessingEquipmentAndSoftwareMember_9FB570F1BF3C5ABF35E706A87254FF1D" xlink:to="lab_ndaq_DataProcessingEquipmentAndSoftwareMember_9FB570F1BF3C5ABF35E706A87254FF1D" xlink:type="arc" />
    <link:label id="lab_ndaq_FurnitureAndEquipmentMember_CA3D9AA9D87B8DC3C9A606A8725463D4_terseLabel_en-US" xlink:label="lab_ndaq_FurnitureAndEquipmentMember_CA3D9AA9D87B8DC3C9A606A8725463D4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Furniture And Equipment</link:label>
    <link:label id="lab_ndaq_FurnitureAndEquipmentMember_CA3D9AA9D87B8DC3C9A606A8725463D4_label_en-US" xlink:label="lab_ndaq_FurnitureAndEquipmentMember_CA3D9AA9D87B8DC3C9A606A8725463D4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Furniture And Equipment [Member]</link:label>
    <link:label id="lab_ndaq_FurnitureAndEquipmentMember_CA3D9AA9D87B8DC3C9A606A8725463D4_documentation_en-US" xlink:label="lab_ndaq_FurnitureAndEquipmentMember_CA3D9AA9D87B8DC3C9A606A8725463D4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Furniture And Equipment [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_FurnitureAndEquipmentMember" xlink:label="loc_ndaq_FurnitureAndEquipmentMember_CA3D9AA9D87B8DC3C9A606A8725463D4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_FurnitureAndEquipmentMember_CA3D9AA9D87B8DC3C9A606A8725463D4" xlink:to="lab_ndaq_FurnitureAndEquipmentMember_CA3D9AA9D87B8DC3C9A606A8725463D4" xlink:type="arc" />
    <link:label id="lab_srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_806A70EA9A64A229E6D406A872540E06_terseLabel_en-US" xlink:label="lab_srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_806A70EA9A64A229E6D406A872540E06" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment, Name [Axis]</link:label>
    <link:label id="lab_srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_806A70EA9A64A229E6D406A872540E06_label_en-US" xlink:label="lab_srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_806A70EA9A64A229E6D406A872540E06" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment, Name [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis" xlink:label="loc_srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_806A70EA9A64A229E6D406A872540E06" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_806A70EA9A64A229E6D406A872540E06" xlink:to="lab_srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis_806A70EA9A64A229E6D406A872540E06" xlink:type="arc" />
    <link:label id="lab_srt_EquityMethodInvesteeNameDomain_E490DBB458736C8A3AD406A8725588F9_terseLabel_en-US" xlink:label="lab_srt_EquityMethodInvesteeNameDomain_E490DBB458736C8A3AD406A8725588F9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment, Name [Domain]</link:label>
    <link:label id="lab_srt_EquityMethodInvesteeNameDomain_E490DBB458736C8A3AD406A8725588F9_label_en-US" xlink:label="lab_srt_EquityMethodInvesteeNameDomain_E490DBB458736C8A3AD406A8725588F9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment, Name [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_EquityMethodInvesteeNameDomain" xlink:label="loc_srt_EquityMethodInvesteeNameDomain_E490DBB458736C8A3AD406A8725588F9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_EquityMethodInvesteeNameDomain_E490DBB458736C8A3AD406A8725588F9" xlink:to="lab_srt_EquityMethodInvesteeNameDomain_E490DBB458736C8A3AD406A8725588F9" xlink:type="arc" />
    <link:label id="lab_ndaq_OrderMachineMember_309E425AE89355A49A4306A872553BB5_terseLabel_en-US" xlink:label="lab_ndaq_OrderMachineMember_309E425AE89355A49A4306A872553BB5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Order Machine</link:label>
    <link:label id="lab_ndaq_OrderMachineMember_309E425AE89355A49A4306A872553BB5_label_en-US" xlink:label="lab_ndaq_OrderMachineMember_309E425AE89355A49A4306A872553BB5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Order Machine [Member]</link:label>
    <link:label id="lab_ndaq_OrderMachineMember_309E425AE89355A49A4306A872553BB5_documentation_en-US" xlink:label="lab_ndaq_OrderMachineMember_309E425AE89355A49A4306A872553BB5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Order Machine [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_OrderMachineMember" xlink:label="loc_ndaq_OrderMachineMember_309E425AE89355A49A4306A872553BB5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_OrderMachineMember_309E425AE89355A49A4306A872553BB5" xlink:to="lab_ndaq_OrderMachineMember_309E425AE89355A49A4306A872553BB5" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsAxis_CCADC31A4300EE6A52C006A8725583AB_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAxis_CCADC31A4300EE6A52C006A8725583AB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents [Axis]</link:label>
    <link:label id="lab_us-gaap_CashAndCashEquivalentsAxis_CCADC31A4300EE6A52C006A8725583AB_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAxis_CCADC31A4300EE6A52C006A8725583AB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CashAndCashEquivalentsAxis" xlink:label="loc_us-gaap_CashAndCashEquivalentsAxis_CCADC31A4300EE6A52C006A8725583AB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsAxis_CCADC31A4300EE6A52C006A8725583AB" xlink:to="lab_us-gaap_CashAndCashEquivalentsAxis_CCADC31A4300EE6A52C006A8725583AB" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember_C70F1B9BFD34A6A74DC406A87255BF3C_terseLabel_en-US" xlink:label="lab_us-gaap_RestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember_C70F1B9BFD34A6A74DC406A87255BF3C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents [Domain]</link:label>
    <link:label id="lab_us-gaap_RestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember_C70F1B9BFD34A6A74DC406A87255BF3C_label_en-US" xlink:label="lab_us-gaap_RestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember_C70F1B9BFD34A6A74DC406A87255BF3C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember" xlink:label="loc_us-gaap_RestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember_C70F1B9BFD34A6A74DC406A87255BF3C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember_C70F1B9BFD34A6A74DC406A87255BF3C" xlink:to="lab_us-gaap_RestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember_C70F1B9BFD34A6A74DC406A87255BF3C" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashEquivalentsMember_B77CF113638C1A56077706A872563769_terseLabel_en-US" xlink:label="lab_us-gaap_CashEquivalentsMember_B77CF113638C1A56077706A872563769" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash Equivalents</link:label>
    <link:label id="lab_us-gaap_CashEquivalentsMember_B77CF113638C1A56077706A872563769_label_en-US" xlink:label="lab_us-gaap_CashEquivalentsMember_B77CF113638C1A56077706A872563769" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash Equivalents [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CashEquivalentsMember" xlink:label="loc_us-gaap_CashEquivalentsMember_B77CF113638C1A56077706A872563769" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashEquivalentsMember_B77CF113638C1A56077706A872563769" xlink:to="lab_us-gaap_CashEquivalentsMember_B77CF113638C1A56077706A872563769" xlink:type="arc" />
    <link:label id="lab_us-gaap_ComputerSoftwareIntangibleAssetMember_0EB3284DD728E401495F06A87257B60C_terseLabel_en-US" xlink:label="lab_us-gaap_ComputerSoftwareIntangibleAssetMember_0EB3284DD728E401495F06A87257B60C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Computer Software, Intangible Asset</link:label>
    <link:label id="lab_us-gaap_ComputerSoftwareIntangibleAssetMember_0EB3284DD728E401495F06A87257B60C_label_en-US" xlink:label="lab_us-gaap_ComputerSoftwareIntangibleAssetMember_0EB3284DD728E401495F06A87257B60C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Computer Software, Intangible Asset [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ComputerSoftwareIntangibleAssetMember" xlink:label="loc_us-gaap_ComputerSoftwareIntangibleAssetMember_0EB3284DD728E401495F06A87257B60C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ComputerSoftwareIntangibleAssetMember_0EB3284DD728E401495F06A87257B60C" xlink:to="lab_us-gaap_ComputerSoftwareIntangibleAssetMember_0EB3284DD728E401495F06A87257B60C" xlink:type="arc" />
    <link:label id="lab_ndaq_RebrandingOfTradeNameMember_7448005972D63E9FEA0906A87258A335_terseLabel_en-US" xlink:label="lab_ndaq_RebrandingOfTradeNameMember_7448005972D63E9FEA0906A87258A335" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Rebranding of trade name</link:label>
    <link:label id="lab_ndaq_RebrandingOfTradeNameMember_7448005972D63E9FEA0906A87258A335_label_en-US" xlink:label="lab_ndaq_RebrandingOfTradeNameMember_7448005972D63E9FEA0906A87258A335" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rebranding Of Trade Name [Member]</link:label>
    <link:label id="lab_ndaq_RebrandingOfTradeNameMember_7448005972D63E9FEA0906A87258A335_documentation_en-US" xlink:label="lab_ndaq_RebrandingOfTradeNameMember_7448005972D63E9FEA0906A87258A335" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Rebranding of trade name [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_RebrandingOfTradeNameMember" xlink:label="loc_ndaq_RebrandingOfTradeNameMember_7448005972D63E9FEA0906A87258A335" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_RebrandingOfTradeNameMember_7448005972D63E9FEA0906A87258A335" xlink:to="lab_ndaq_RebrandingOfTradeNameMember_7448005972D63E9FEA0906A87258A335" xlink:type="arc" />
    <link:label id="lab_us-gaap_TimingOfTransferOfGoodOrServiceAxis_4C707154AC42E18F268D06A872580E07_terseLabel_en-US" xlink:label="lab_us-gaap_TimingOfTransferOfGoodOrServiceAxis_4C707154AC42E18F268D06A872580E07" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Timing of Transfer of Good or Service [Axis]</link:label>
    <link:label id="lab_us-gaap_TimingOfTransferOfGoodOrServiceAxis_4C707154AC42E18F268D06A872580E07_label_en-US" xlink:label="lab_us-gaap_TimingOfTransferOfGoodOrServiceAxis_4C707154AC42E18F268D06A872580E07" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Timing of Transfer of Good or Service [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_TimingOfTransferOfGoodOrServiceAxis" xlink:label="loc_us-gaap_TimingOfTransferOfGoodOrServiceAxis_4C707154AC42E18F268D06A872580E07" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TimingOfTransferOfGoodOrServiceAxis_4C707154AC42E18F268D06A872580E07" xlink:to="lab_us-gaap_TimingOfTransferOfGoodOrServiceAxis_4C707154AC42E18F268D06A872580E07" xlink:type="arc" />
    <link:label id="lab_us-gaap_TimingOfTransferOfGoodOrServiceDomain_6473FF2305AE7FFD1B3806A87258914A_terseLabel_en-US" xlink:label="lab_us-gaap_TimingOfTransferOfGoodOrServiceDomain_6473FF2305AE7FFD1B3806A87258914A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Timing of Transfer of Good or Service [Domain]</link:label>
    <link:label id="lab_us-gaap_TimingOfTransferOfGoodOrServiceDomain_6473FF2305AE7FFD1B3806A87258914A_label_en-US" xlink:label="lab_us-gaap_TimingOfTransferOfGoodOrServiceDomain_6473FF2305AE7FFD1B3806A87258914A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Timing of Transfer of Good or Service [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_TimingOfTransferOfGoodOrServiceDomain" xlink:label="loc_us-gaap_TimingOfTransferOfGoodOrServiceDomain_6473FF2305AE7FFD1B3806A87258914A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TimingOfTransferOfGoodOrServiceDomain_6473FF2305AE7FFD1B3806A87258914A" xlink:to="lab_us-gaap_TimingOfTransferOfGoodOrServiceDomain_6473FF2305AE7FFD1B3806A87258914A" xlink:type="arc" />
    <link:label id="lab_us-gaap_TransferredAtPointInTimeMember_682D07B3EC9D057579F006A8725937D4_terseLabel_en-US" xlink:label="lab_us-gaap_TransferredAtPointInTimeMember_682D07B3EC9D057579F006A8725937D4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Services transferred at a point in time</link:label>
    <link:label id="lab_us-gaap_TransferredAtPointInTimeMember_682D07B3EC9D057579F006A8725937D4_label_en-US" xlink:label="lab_us-gaap_TransferredAtPointInTimeMember_682D07B3EC9D057579F006A8725937D4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transferred at Point in Time [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_TransferredAtPointInTimeMember" xlink:label="loc_us-gaap_TransferredAtPointInTimeMember_682D07B3EC9D057579F006A8725937D4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TransferredAtPointInTimeMember_682D07B3EC9D057579F006A8725937D4" xlink:to="lab_us-gaap_TransferredAtPointInTimeMember_682D07B3EC9D057579F006A8725937D4" xlink:type="arc" />
    <link:label id="lab_us-gaap_TransferredOverTimeMember_DACD8C0E23818A27997C06A8725996A2_terseLabel_en-US" xlink:label="lab_us-gaap_TransferredOverTimeMember_DACD8C0E23818A27997C06A8725996A2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Services transferred over time</link:label>
    <link:label id="lab_us-gaap_TransferredOverTimeMember_DACD8C0E23818A27997C06A8725996A2_label_en-US" xlink:label="lab_us-gaap_TransferredOverTimeMember_DACD8C0E23818A27997C06A8725996A2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transferred over Time [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_TransferredOverTimeMember" xlink:label="loc_us-gaap_TransferredOverTimeMember_DACD8C0E23818A27997C06A8725996A2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TransferredOverTimeMember_DACD8C0E23818A27997C06A8725996A2" xlink:to="lab_us-gaap_TransferredOverTimeMember_DACD8C0E23818A27997C06A8725996A2" xlink:type="arc" />
    <link:label id="lab_srt_EuropeMember_E610B659A1F89C23AFC006A8725C0068_terseLabel_en-US" xlink:label="lab_srt_EuropeMember_E610B659A1F89C23AFC006A8725C0068" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Europe</link:label>
    <link:label id="lab_srt_EuropeMember_E610B659A1F89C23AFC006A8725C0068_label_en-US" xlink:label="lab_srt_EuropeMember_E610B659A1F89C23AFC006A8725C0068" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Europe [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_EuropeMember" xlink:label="loc_srt_EuropeMember_E610B659A1F89C23AFC006A8725C0068" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_EuropeMember_E610B659A1F89C23AFC006A8725C0068" xlink:to="lab_srt_EuropeMember_E610B659A1F89C23AFC006A8725C0068" xlink:type="arc" />
    <link:label id="lab_ndaq_TradeManagementServicesMember_29B7A83351BDBDA1722406A8725CCE76_terseLabel_en-US" xlink:label="lab_ndaq_TradeManagementServicesMember_29B7A83351BDBDA1722406A8725CCE76" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trade management services</link:label>
    <link:label id="lab_ndaq_TradeManagementServicesMember_29B7A83351BDBDA1722406A8725CCE76_label_en-US" xlink:label="lab_ndaq_TradeManagementServicesMember_29B7A83351BDBDA1722406A8725CCE76" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trade Management Services [Member]</link:label>
    <link:label id="lab_ndaq_TradeManagementServicesMember_29B7A83351BDBDA1722406A8725CCE76_documentation_en-US" xlink:label="lab_ndaq_TradeManagementServicesMember_29B7A83351BDBDA1722406A8725CCE76" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Trade Management Services [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_TradeManagementServicesMember" xlink:label="loc_ndaq_TradeManagementServicesMember_29B7A83351BDBDA1722406A8725CCE76" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_TradeManagementServicesMember_29B7A83351BDBDA1722406A8725CCE76" xlink:to="lab_ndaq_TradeManagementServicesMember_29B7A83351BDBDA1722406A8725CCE76" xlink:type="arc" />
    <link:label id="lab_ndaq_ListingServicesMember_4076CC0E08E99DF50EFA06A8725D3CEE_terseLabel_en-US" xlink:label="lab_ndaq_ListingServicesMember_4076CC0E08E99DF50EFA06A8725D3CEE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Listing services</link:label>
    <link:label id="lab_ndaq_ListingServicesMember_4076CC0E08E99DF50EFA06A8725D3CEE_label_en-US" xlink:label="lab_ndaq_ListingServicesMember_4076CC0E08E99DF50EFA06A8725D3CEE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Listing Services [Member]</link:label>
    <link:label id="lab_ndaq_ListingServicesMember_4076CC0E08E99DF50EFA06A8725D3CEE_documentation_en-US" xlink:label="lab_ndaq_ListingServicesMember_4076CC0E08E99DF50EFA06A8725D3CEE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Listing Services [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ListingServicesMember" xlink:label="loc_ndaq_ListingServicesMember_4076CC0E08E99DF50EFA06A8725D3CEE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ListingServicesMember_4076CC0E08E99DF50EFA06A8725D3CEE" xlink:to="lab_ndaq_ListingServicesMember_4076CC0E08E99DF50EFA06A8725D3CEE" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionLineItems_010B6C909FFE05C48AF606A8725D99F2_terseLabel_en-US" xlink:label="lab_us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionLineItems_010B6C909FFE05C48AF606A8725D99F2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]</link:label>
    <link:label id="lab_us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionLineItems_010B6C909FFE05C48AF606A8725D99F2_label_en-US" xlink:label="lab_us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionLineItems_010B6C909FFE05C48AF606A8725D99F2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionLineItems" xlink:label="loc_us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionLineItems_010B6C909FFE05C48AF606A8725D99F2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionLineItems_010B6C909FFE05C48AF606A8725D99F2" xlink:to="lab_us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionLineItems_010B6C909FFE05C48AF606A8725D99F2" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_DB4CF059D9A36BAB571406A8725D462B_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_DB4CF059D9A36BAB571406A8725D462B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_DB4CF059D9A36BAB571406A8725D462B_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_DB4CF059D9A36BAB571406A8725D462B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents, at Carrying Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_DB4CF059D9A36BAB571406A8725D462B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_DB4CF059D9A36BAB571406A8725D462B" xlink:to="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_DB4CF059D9A36BAB571406A8725D462B" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue_D956AA47DF1DC1BC6FF006A8725D894D_terseLabel_en-US" xlink:label="lab_us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue_D956AA47DF1DC1BC6FF006A8725D894D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted cash and cash equivalents, current</link:label>
    <link:label id="lab_us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue_D956AA47DF1DC1BC6FF006A8725D894D_label_en-US" xlink:label="lab_us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue_D956AA47DF1DC1BC6FF006A8725D894D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted Cash and Cash Equivalents, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue_D956AA47DF1DC1BC6FF006A8725D894D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue_D956AA47DF1DC1BC6FF006A8725D894D" xlink:to="lab_us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue_D956AA47DF1DC1BC6FF006A8725D894D" xlink:type="arc" />
    <link:label id="lab_us-gaap_AllowanceForDoubtfulAccountsReceivable_7A8D6B86ABCC21D9B0D806A8725E4AF4_terseLabel_en-US" xlink:label="lab_us-gaap_AllowanceForDoubtfulAccountsReceivable_7A8D6B86ABCC21D9B0D806A8725E4AF4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Allowance for doubtful accounts</link:label>
    <link:label id="lab_us-gaap_AllowanceForDoubtfulAccountsReceivable_7A8D6B86ABCC21D9B0D806A8725E4AF4_label_en-US" xlink:label="lab_us-gaap_AllowanceForDoubtfulAccountsReceivable_7A8D6B86ABCC21D9B0D806A8725E4AF4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Allowance for Doubtful Accounts Receivable</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AllowanceForDoubtfulAccountsReceivable" xlink:label="loc_us-gaap_AllowanceForDoubtfulAccountsReceivable_7A8D6B86ABCC21D9B0D806A8725E4AF4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AllowanceForDoubtfulAccountsReceivable_7A8D6B86ABCC21D9B0D806A8725E4AF4" xlink:to="lab_us-gaap_AllowanceForDoubtfulAccountsReceivable_7A8D6B86ABCC21D9B0D806A8725E4AF4" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount_D279CA0FE076718F938F06A8725EF73E_terseLabel_en-US" xlink:label="lab_us-gaap_EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount_D279CA0FE076718F938F06A8725EF73E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity security impairment loss</link:label>
    <link:label id="lab_us-gaap_EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount_D279CA0FE076718F938F06A8725EF73E_label_en-US" xlink:label="lab_us-gaap_EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount_D279CA0FE076718F938F06A8725EF73E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount" xlink:label="loc_us-gaap_EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount_D279CA0FE076718F938F06A8725EF73E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount_D279CA0FE076718F938F06A8725EF73E" xlink:to="lab_us-gaap_EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount_D279CA0FE076718F938F06A8725EF73E" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentOtherThanTemporaryImpairment_19E587164F33A193621A06A8725E0764_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentOtherThanTemporaryImpairment_19E587164F33A193621A06A8725E0764" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Impairment charge</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentOtherThanTemporaryImpairment_19E587164F33A193621A06A8725E0764_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentOtherThanTemporaryImpairment_19E587164F33A193621A06A8725E0764" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Other than Temporary Impairment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EquityMethodInvestmentOtherThanTemporaryImpairment" xlink:label="loc_us-gaap_EquityMethodInvestmentOtherThanTemporaryImpairment_19E587164F33A193621A06A8725E0764" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentOtherThanTemporaryImpairment_19E587164F33A193621A06A8725E0764" xlink:to="lab_us-gaap_EquityMethodInvestmentOtherThanTemporaryImpairment_19E587164F33A193621A06A8725E0764" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentUsefulLife_0544971CF240A76740D206A8725E5A71_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentUsefulLife_0544971CF240A76740D206A8725E5A71" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Estimated useful life of property and equipment</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentUsefulLife_0544971CF240A76740D206A8725E5A71_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentUsefulLife_0544971CF240A76740D206A8725E5A71" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Useful Life</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PropertyPlantAndEquipmentUsefulLife" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentUsefulLife_0544971CF240A76740D206A8725E5A71" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentUsefulLife_0544971CF240A76740D206A8725E5A71" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentUsefulLife_0544971CF240A76740D206A8725E5A71" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetUsefulLife_B7218B9BE1662650842606A8725EB373_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetUsefulLife_B7218B9BE1662650842606A8725EB373" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Estimated useful life of intangible assets</link:label>
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetUsefulLife_B7218B9BE1662650842606A8725EB373_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetUsefulLife_B7218B9BE1662650842606A8725EB373" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Asset, Useful Life</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetUsefulLife" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetUsefulLife_B7218B9BE1662650842606A8725EB373" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetUsefulLife_B7218B9BE1662650842606A8725EB373" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetUsefulLife_B7218B9BE1662650842606A8725EB373" xlink:type="arc" />
    <link:label id="lab_us-gaap_GoodwillImpairmentLoss_45813DF5C4909B8F902F06A8725EE616_verboseLabel_en-US" xlink:label="lab_us-gaap_GoodwillImpairmentLoss_45813DF5C4909B8F902F06A8725EE616" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Goodwill, impairment loss</link:label>
    <link:label id="lab_us-gaap_GoodwillImpairmentLoss_45813DF5C4909B8F902F06A8725EE616_label_en-US" xlink:label="lab_us-gaap_GoodwillImpairmentLoss_45813DF5C4909B8F902F06A8725EE616" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill, Impairment Loss</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_GoodwillImpairmentLoss" xlink:label="loc_us-gaap_GoodwillImpairmentLoss_45813DF5C4909B8F902F06A8725EE616" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillImpairmentLoss_45813DF5C4909B8F902F06A8725EE616" xlink:to="lab_us-gaap_GoodwillImpairmentLoss_45813DF5C4909B8F902F06A8725EE616" xlink:type="arc" />
    <link:label id="lab_us-gaap_ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill_8BBB2F1D94E6980CC09606A8725EBB02_terseLabel_en-US" xlink:label="lab_us-gaap_ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill_8BBB2F1D94E6980CC09606A8725EBB02" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-cash write-off related to indefinite-lived intangible asset</link:label>
    <link:label id="lab_us-gaap_ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill_8BBB2F1D94E6980CC09606A8725EBB02_label_en-US" xlink:label="lab_us-gaap_ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill_8BBB2F1D94E6980CC09606A8725EBB02" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill" xlink:label="loc_us-gaap_ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill_8BBB2F1D94E6980CC09606A8725EBB02" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill_8BBB2F1D94E6980CC09606A8725EBB02" xlink:to="lab_us-gaap_ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill_8BBB2F1D94E6980CC09606A8725EBB02" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1_6603AA5BBDF6C3FCBF8106A8725FE241_terseLabel_en-US" xlink:label="lab_us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1_6603AA5BBDF6C3FCBF8106A8725FE241" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue, remaining performance obligation, expected timing of satisfaction</link:label>
    <link:label id="lab_us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1_6603AA5BBDF6C3FCBF8106A8725FE241_label_en-US" xlink:label="lab_us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1_6603AA5BBDF6C3FCBF8106A8725FE241" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1" xlink:label="loc_us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1_6603AA5BBDF6C3FCBF8106A8725FE241" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1_6603AA5BBDF6C3FCBF8106A8725FE241" xlink:to="lab_us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1_6603AA5BBDF6C3FCBF8106A8725FE241" xlink:type="arc" />
    <link:label id="lab_ndaq_NumberOfTypesOfLicenseAgreements_763087314D2ED27AE74A06A8725F3DD9_terseLabel_en-US" xlink:label="lab_ndaq_NumberOfTypesOfLicenseAgreements_763087314D2ED27AE74A06A8725F3DD9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of types of license agreements</link:label>
    <link:label id="lab_ndaq_NumberOfTypesOfLicenseAgreements_763087314D2ED27AE74A06A8725F3DD9_label_en-US" xlink:label="lab_ndaq_NumberOfTypesOfLicenseAgreements_763087314D2ED27AE74A06A8725F3DD9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of types of license agreements</link:label>
    <link:label id="lab_ndaq_NumberOfTypesOfLicenseAgreements_763087314D2ED27AE74A06A8725F3DD9_documentation_en-US" xlink:label="lab_ndaq_NumberOfTypesOfLicenseAgreements_763087314D2ED27AE74A06A8725F3DD9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of types of license agreements</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_NumberOfTypesOfLicenseAgreements" xlink:label="loc_ndaq_NumberOfTypesOfLicenseAgreements_763087314D2ED27AE74A06A8725F3DD9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_NumberOfTypesOfLicenseAgreements_763087314D2ED27AE74A06A8725F3DD9" xlink:to="lab_ndaq_NumberOfTypesOfLicenseAgreements_763087314D2ED27AE74A06A8725F3DD9" xlink:type="arc" />
    <link:label id="lab_ndaq_RevenueFromContractWithCustomerPercentage_41B5C62A934A4345144206A8725F8965_terseLabel_en-US" xlink:label="lab_ndaq_RevenueFromContractWithCustomerPercentage_41B5C62A934A4345144206A8725F8965" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue recognized (percentage)</link:label>
    <link:label id="lab_ndaq_RevenueFromContractWithCustomerPercentage_41B5C62A934A4345144206A8725F8965_label_en-US" xlink:label="lab_ndaq_RevenueFromContractWithCustomerPercentage_41B5C62A934A4345144206A8725F8965" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue From Contract With Customer, Percentage</link:label>
    <link:label id="lab_ndaq_RevenueFromContractWithCustomerPercentage_41B5C62A934A4345144206A8725F8965_documentation_en-US" xlink:label="lab_ndaq_RevenueFromContractWithCustomerPercentage_41B5C62A934A4345144206A8725F8965" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Revenue From Contract With Customer, Percentage</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_RevenueFromContractWithCustomerPercentage" xlink:label="loc_ndaq_RevenueFromContractWithCustomerPercentage_41B5C62A934A4345144206A8725F8965" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_RevenueFromContractWithCustomerPercentage_41B5C62A934A4345144206A8725F8965" xlink:to="lab_ndaq_RevenueFromContractWithCustomerPercentage_41B5C62A934A4345144206A8725F8965" xlink:type="arc" />
    <link:label id="lab_ndaq_PercentageOfFairMarketValueOfCommonStock_693F580D65943A42BE3F06A8725F82A5_terseLabel_en-US" xlink:label="lab_ndaq_PercentageOfFairMarketValueOfCommonStock_693F580D65943A42BE3F06A8725F82A5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of fair market value of common stock</link:label>
    <link:label id="lab_ndaq_PercentageOfFairMarketValueOfCommonStock_693F580D65943A42BE3F06A8725F82A5_label_en-US" xlink:label="lab_ndaq_PercentageOfFairMarketValueOfCommonStock_693F580D65943A42BE3F06A8725F82A5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Fair Market Value Of Common Stock</link:label>
    <link:label id="lab_ndaq_PercentageOfFairMarketValueOfCommonStock_693F580D65943A42BE3F06A8725F82A5_documentation_en-US" xlink:label="lab_ndaq_PercentageOfFairMarketValueOfCommonStock_693F580D65943A42BE3F06A8725F82A5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Our ESPP allows eligible U.S. and non-U.S. employees to purchase a limited number of shares of our common stock at six-month intervals, called offering periods, at 85.0% of the lower of the fair market value on the first or the last day of each offering period. The 15.0% discount given to our employees is included in compensation and benefits expense in the Condensed Consolidated Statements of Income.</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_PercentageOfFairMarketValueOfCommonStock" xlink:label="loc_ndaq_PercentageOfFairMarketValueOfCommonStock_693F580D65943A42BE3F06A8725F82A5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_PercentageOfFairMarketValueOfCommonStock_693F580D65943A42BE3F06A8725F82A5" xlink:to="lab_ndaq_PercentageOfFairMarketValueOfCommonStock_693F580D65943A42BE3F06A8725F82A5" xlink:type="arc" />
    <link:label id="lab_ndaq_PercentageOfDiscountToEmployeesOnPurchaseOfCommonStockUnderEmployeeStockPurchasePlan_D9929D71CBE0876F60D806A8726088F2_terseLabel_en-US" xlink:label="lab_ndaq_PercentageOfDiscountToEmployeesOnPurchaseOfCommonStockUnderEmployeeStockPurchasePlan_D9929D71CBE0876F60D806A8726088F2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of discount to employees on purchase of common stock under employee stock purchase plant</link:label>
    <link:label id="lab_ndaq_PercentageOfDiscountToEmployeesOnPurchaseOfCommonStockUnderEmployeeStockPurchasePlan_D9929D71CBE0876F60D806A8726088F2_label_en-US" xlink:label="lab_ndaq_PercentageOfDiscountToEmployeesOnPurchaseOfCommonStockUnderEmployeeStockPurchasePlan_D9929D71CBE0876F60D806A8726088F2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Discount To Employees On Purchase Of Common Stock Under Employee Stock Purchase Plan</link:label>
    <link:label id="lab_ndaq_PercentageOfDiscountToEmployeesOnPurchaseOfCommonStockUnderEmployeeStockPurchasePlan_D9929D71CBE0876F60D806A8726088F2_documentation_en-US" xlink:label="lab_ndaq_PercentageOfDiscountToEmployeesOnPurchaseOfCommonStockUnderEmployeeStockPurchasePlan_D9929D71CBE0876F60D806A8726088F2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Our ESPP allows eligible U.S. and non-U.S. employees to purchase a limited number of shares of our common stock at six-month intervals, called offering periods, at 85.0% of the lower of the fair market value on the first or the last day of each offering period. The 15.0% discount given to our employees is included in compensation and benefits expense in the Condensed Consolidated Statements of Income.</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_PercentageOfDiscountToEmployeesOnPurchaseOfCommonStockUnderEmployeeStockPurchasePlan" xlink:label="loc_ndaq_PercentageOfDiscountToEmployeesOnPurchaseOfCommonStockUnderEmployeeStockPurchasePlan_D9929D71CBE0876F60D806A8726088F2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_PercentageOfDiscountToEmployeesOnPurchaseOfCommonStockUnderEmployeeStockPurchasePlan_D9929D71CBE0876F60D806A8726088F2" xlink:to="lab_ndaq_PercentageOfDiscountToEmployeesOnPurchaseOfCommonStockUnderEmployeeStockPurchasePlan_D9929D71CBE0876F60D806A8726088F2" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeaseRightOfUseAsset_A0EE0D05B08D2425439106A8726036CA_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeaseRightOfUseAsset_A0EE0D05B08D2425439106A8726036CA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net lease assets</link:label>
    <link:label id="lab_us-gaap_OperatingLeaseRightOfUseAsset_A0EE0D05B08D2425439106A8726036CA_label_en-US" xlink:label="lab_us-gaap_OperatingLeaseRightOfUseAsset_A0EE0D05B08D2425439106A8726036CA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Lease, Right-of-Use Asset</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeaseRightOfUseAsset" xlink:label="loc_us-gaap_OperatingLeaseRightOfUseAsset_A0EE0D05B08D2425439106A8726036CA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeaseRightOfUseAsset_A0EE0D05B08D2425439106A8726036CA" xlink:to="lab_us-gaap_OperatingLeaseRightOfUseAsset_A0EE0D05B08D2425439106A8726036CA" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeaseLiability_E76EA483AFBC4444840A06A87260A938_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeaseLiability_E76EA483AFBC4444840A06A87260A938" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Lease liabilities</link:label>
    <link:label id="lab_us-gaap_OperatingLeaseLiability_E76EA483AFBC4444840A06A87260A938_label_en-US" xlink:label="lab_us-gaap_OperatingLeaseLiability_E76EA483AFBC4444840A06A87260A938" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Lease, Liability</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeaseLiability" xlink:label="loc_us-gaap_OperatingLeaseLiability_E76EA483AFBC4444840A06A87260A938" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeaseLiability_E76EA483AFBC4444840A06A87260A938" xlink:to="lab_us-gaap_OperatingLeaseLiability_E76EA483AFBC4444840A06A87260A938" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesRentExpenseSubleaseRentals1_2039813716457F2B756F06BFA7BBC50E_negatedLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesRentExpenseSubleaseRentals1_2039813716457F2B756F06BFA7BBC50E" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Elimination of operating sublease income</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesRentExpenseSubleaseRentals1_2039813716457F2B756F06BFA7BBC50E_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesRentExpenseSubleaseRentals1_2039813716457F2B756F06BFA7BBC50E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Rent Expense, Sublease Rentals</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeasesRentExpenseSubleaseRentals1" xlink:label="loc_us-gaap_OperatingLeasesRentExpenseSubleaseRentals1_2039813716457F2B756F06BFA7BBC50E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesRentExpenseSubleaseRentals1_2039813716457F2B756F06BFA7BBC50E" xlink:to="lab_us-gaap_OperatingLeasesRentExpenseSubleaseRentals1_2039813716457F2B756F06BFA7BBC50E" xlink:type="arc" />
    <link:label id="lab_us-gaap_CompensationAndRetirementDisclosureAbstract_058971E7A2227BAE944FCD5716821420_label_en-US" xlink:label="lab_us-gaap_CompensationAndRetirementDisclosureAbstract_058971E7A2227BAE944FCD5716821420" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retirement Benefits [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CompensationAndRetirementDisclosureAbstract" xlink:label="loc_us-gaap_CompensationAndRetirementDisclosureAbstract_058971E7A2227BAE944FCD5716821420" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CompensationAndRetirementDisclosureAbstract_058971E7A2227BAE944FCD5716821420" xlink:to="lab_us-gaap_CompensationAndRetirementDisclosureAbstract_058971E7A2227BAE944FCD5716821420" xlink:type="arc" />
    <link:label id="lab_us-gaap_DefinedBenefitPlansAndOtherPostretirementBenefitPlansDisclosuresTable_2CC7E1934231B983ED0ECD5716820590_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlansAndOtherPostretirementBenefitPlansDisclosuresTable_2CC7E1934231B983ED0ECD5716820590" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Table]</link:label>
    <link:label id="lab_us-gaap_DefinedBenefitPlansAndOtherPostretirementBenefitPlansDisclosuresTable_2CC7E1934231B983ED0ECD5716820590_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlansAndOtherPostretirementBenefitPlansDisclosuresTable_2CC7E1934231B983ED0ECD5716820590" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedBenefitPlansAndOtherPostretirementBenefitPlansDisclosuresTable" xlink:label="loc_us-gaap_DefinedBenefitPlansAndOtherPostretirementBenefitPlansDisclosuresTable_2CC7E1934231B983ED0ECD5716820590" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlansAndOtherPostretirementBenefitPlansDisclosuresTable_2CC7E1934231B983ED0ECD5716820590" xlink:to="lab_us-gaap_DefinedBenefitPlansAndOtherPostretirementBenefitPlansDisclosuresTable_2CC7E1934231B983ED0ECD5716820590" xlink:type="arc" />
    <link:label id="lab_us-gaap_RetirementPlanTypeAxis_89CC5B62CADC44BFFDA2CD571683E63E_terseLabel_en-US" xlink:label="lab_us-gaap_RetirementPlanTypeAxis_89CC5B62CADC44BFFDA2CD571683E63E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retirement Plan Type [Axis]</link:label>
    <link:label id="lab_us-gaap_RetirementPlanTypeAxis_89CC5B62CADC44BFFDA2CD571683E63E_label_en-US" xlink:label="lab_us-gaap_RetirementPlanTypeAxis_89CC5B62CADC44BFFDA2CD571683E63E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retirement Plan Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RetirementPlanTypeAxis" xlink:label="loc_us-gaap_RetirementPlanTypeAxis_89CC5B62CADC44BFFDA2CD571683E63E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RetirementPlanTypeAxis_89CC5B62CADC44BFFDA2CD571683E63E" xlink:to="lab_us-gaap_RetirementPlanTypeAxis_89CC5B62CADC44BFFDA2CD571683E63E" xlink:type="arc" />
    <link:label id="lab_us-gaap_RetirementPlanTypeDomain_4F88D15609BD59D6B1EDCD5716834769_terseLabel_en-US" xlink:label="lab_us-gaap_RetirementPlanTypeDomain_4F88D15609BD59D6B1EDCD5716834769" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retirement Plan Type [Domain]</link:label>
    <link:label id="lab_us-gaap_RetirementPlanTypeDomain_4F88D15609BD59D6B1EDCD5716834769_label_en-US" xlink:label="lab_us-gaap_RetirementPlanTypeDomain_4F88D15609BD59D6B1EDCD5716834769" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retirement Plan Type [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RetirementPlanTypeDomain" xlink:label="loc_us-gaap_RetirementPlanTypeDomain_4F88D15609BD59D6B1EDCD5716834769" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RetirementPlanTypeDomain_4F88D15609BD59D6B1EDCD5716834769" xlink:to="lab_us-gaap_RetirementPlanTypeDomain_4F88D15609BD59D6B1EDCD5716834769" xlink:type="arc" />
    <link:label id="lab_us-gaap_PensionPlansDefinedBenefitMember_61F7488CD70697F50E58CD571683CB89_terseLabel_en-US" xlink:label="lab_us-gaap_PensionPlansDefinedBenefitMember_61F7488CD70697F50E58CD571683CB89" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Pension</link:label>
    <link:label id="lab_us-gaap_PensionPlansDefinedBenefitMember_61F7488CD70697F50E58CD571683CB89_label_en-US" xlink:label="lab_us-gaap_PensionPlansDefinedBenefitMember_61F7488CD70697F50E58CD571683CB89" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Pension Plan [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PensionPlansDefinedBenefitMember" xlink:label="loc_us-gaap_PensionPlansDefinedBenefitMember_61F7488CD70697F50E58CD571683CB89" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PensionPlansDefinedBenefitMember_61F7488CD70697F50E58CD571683CB89" xlink:to="lab_us-gaap_PensionPlansDefinedBenefitMember_61F7488CD70697F50E58CD571683CB89" xlink:type="arc" />
    <link:label id="lab_us-gaap_SupplementalEmployeeRetirementPlanDefinedBenefitMember_EA1E63BCF23A249683C4CD5716834CCF_terseLabel_en-US" xlink:label="lab_us-gaap_SupplementalEmployeeRetirementPlanDefinedBenefitMember_EA1E63BCF23A249683C4CD5716834CCF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">SERP</link:label>
    <link:label id="lab_us-gaap_SupplementalEmployeeRetirementPlanDefinedBenefitMember_EA1E63BCF23A249683C4CD5716834CCF_label_en-US" xlink:label="lab_us-gaap_SupplementalEmployeeRetirementPlanDefinedBenefitMember_EA1E63BCF23A249683C4CD5716834CCF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Supplemental Employee Retirement Plan [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SupplementalEmployeeRetirementPlanDefinedBenefitMember" xlink:label="loc_us-gaap_SupplementalEmployeeRetirementPlanDefinedBenefitMember_EA1E63BCF23A249683C4CD5716834CCF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SupplementalEmployeeRetirementPlanDefinedBenefitMember_EA1E63BCF23A249683C4CD5716834CCF" xlink:to="lab_us-gaap_SupplementalEmployeeRetirementPlanDefinedBenefitMember_EA1E63BCF23A249683C4CD5716834CCF" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember_B6E488C1D90B6948B2A8CD5716848385_terseLabel_en-US" xlink:label="lab_us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember_B6E488C1D90B6948B2A8CD5716848385" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Post-retirement</link:label>
    <link:label id="lab_us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember_B6E488C1D90B6948B2A8CD5716848385_label_en-US" xlink:label="lab_us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember_B6E488C1D90B6948B2A8CD5716848385" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Postretirement Benefits Plan [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember" xlink:label="loc_us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember_B6E488C1D90B6948B2A8CD5716848385" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember_B6E488C1D90B6948B2A8CD5716848385" xlink:to="lab_us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember_B6E488C1D90B6948B2A8CD5716848385" xlink:type="arc" />
    <link:label id="lab_us-gaap_DefinedBenefitPlansAndOtherPostretirementBenefitPlansTableTextBlockLineItems_170F45C5108980CD44F1CD57168419D4_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlansAndOtherPostretirementBenefitPlansTableTextBlockLineItems_170F45C5108980CD44F1CD57168419D4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]</link:label>
    <link:label id="lab_us-gaap_DefinedBenefitPlansAndOtherPostretirementBenefitPlansTableTextBlockLineItems_170F45C5108980CD44F1CD57168419D4_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlansAndOtherPostretirementBenefitPlansTableTextBlockLineItems_170F45C5108980CD44F1CD57168419D4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedBenefitPlansAndOtherPostretirementBenefitPlansTableTextBlockLineItems" xlink:label="loc_us-gaap_DefinedBenefitPlansAndOtherPostretirementBenefitPlansTableTextBlockLineItems_170F45C5108980CD44F1CD57168419D4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlansAndOtherPostretirementBenefitPlansTableTextBlockLineItems_170F45C5108980CD44F1CD57168419D4" xlink:to="lab_us-gaap_DefinedBenefitPlansAndOtherPostretirementBenefitPlansTableTextBlockLineItems_170F45C5108980CD44F1CD57168419D4" xlink:type="arc" />
    <link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths_6AFEFCC25A26B91E88FFCD571684F43B_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths_6AFEFCC25A26B91E88FFCD571684F43B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2019</link:label>
    <link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths_6AFEFCC25A26B91E88FFCD571684F43B_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths_6AFEFCC25A26B91E88FFCD571684F43B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan, Expected Future Benefit Payment, Next Twelve Months</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths" xlink:label="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths_6AFEFCC25A26B91E88FFCD571684F43B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths_6AFEFCC25A26B91E88FFCD571684F43B" xlink:to="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths_6AFEFCC25A26B91E88FFCD571684F43B" xlink:type="arc" />
    <link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo_ED987DEC612E580D33BBCD571684D370_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo_ED987DEC612E580D33BBCD571684D370" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2020</link:label>
    <link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo_ED987DEC612E580D33BBCD571684D370_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo_ED987DEC612E580D33BBCD571684D370" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan, Expected Future Benefit Payment, Year Two</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo" xlink:label="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo_ED987DEC612E580D33BBCD571684D370" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo_ED987DEC612E580D33BBCD571684D370" xlink:to="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo_ED987DEC612E580D33BBCD571684D370" xlink:type="arc" />
    <link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree_11691C074DC0464DCD52CD5716852F89_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree_11691C074DC0464DCD52CD5716852F89" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2021</link:label>
    <link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree_11691C074DC0464DCD52CD5716852F89_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree_11691C074DC0464DCD52CD5716852F89" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan, Expected Future Benefit Payment, Year Three</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree" xlink:label="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree_11691C074DC0464DCD52CD5716852F89" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree_11691C074DC0464DCD52CD5716852F89" xlink:to="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree_11691C074DC0464DCD52CD5716852F89" xlink:type="arc" />
    <link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour_3403D4FE6DF8515B03B0CD571685BF84_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour_3403D4FE6DF8515B03B0CD571685BF84" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2022</link:label>
    <link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour_3403D4FE6DF8515B03B0CD571685BF84_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour_3403D4FE6DF8515B03B0CD571685BF84" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan, Expected Future Benefit Payment, Year Four</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour" xlink:label="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour_3403D4FE6DF8515B03B0CD571685BF84" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour_3403D4FE6DF8515B03B0CD571685BF84" xlink:to="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour_3403D4FE6DF8515B03B0CD571685BF84" xlink:type="arc" />
    <link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive_9534EF63DF528144F060CD571685087F_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive_9534EF63DF528144F060CD571685087F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2023</link:label>
    <link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive_9534EF63DF528144F060CD571685087F_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive_9534EF63DF528144F060CD571685087F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan, Expected Future Benefit Payment, Year Five</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive" xlink:label="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive_9534EF63DF528144F060CD571685087F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive_9534EF63DF528144F060CD571685087F" xlink:to="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive_9534EF63DF528144F060CD571685087F" xlink:type="arc" />
    <link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter_833D4B08DA6B8CD9BD12CD571685B2CB_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter_833D4B08DA6B8CD9BD12CD571685B2CB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2024 through 2028</link:label>
    <link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter_833D4B08DA6B8CD9BD12CD571685B2CB_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter_833D4B08DA6B8CD9BD12CD571685B2CB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan, Expected Future Benefit Payment, Five Fiscal Years Thereafter</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter" xlink:label="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter_833D4B08DA6B8CD9BD12CD571685B2CB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter_833D4B08DA6B8CD9BD12CD571685B2CB" xlink:to="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter_833D4B08DA6B8CD9BD12CD571685B2CB" xlink:type="arc" />
    <link:label id="lab_ndaq_DefinedBenefitPlanExpectedFutureBenefitPayments_A931926EE07885C64957CD5716854092_totalLabel_en-US" xlink:label="lab_ndaq_DefinedBenefitPlanExpectedFutureBenefitPayments_A931926EE07885C64957CD5716854092" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total future benefit payments</link:label>
    <link:label id="lab_ndaq_DefinedBenefitPlanExpectedFutureBenefitPayments_A931926EE07885C64957CD5716854092_label_en-US" xlink:label="lab_ndaq_DefinedBenefitPlanExpectedFutureBenefitPayments_A931926EE07885C64957CD5716854092" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan Expected Future Benefit Payments</link:label>
    <link:label id="lab_ndaq_DefinedBenefitPlanExpectedFutureBenefitPayments_A931926EE07885C64957CD5716854092_documentation_en-US" xlink:label="lab_ndaq_DefinedBenefitPlanExpectedFutureBenefitPayments_A931926EE07885C64957CD5716854092" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan Expected Future Benefit Payments.</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_DefinedBenefitPlanExpectedFutureBenefitPayments" xlink:label="loc_ndaq_DefinedBenefitPlanExpectedFutureBenefitPayments_A931926EE07885C64957CD5716854092" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_DefinedBenefitPlanExpectedFutureBenefitPayments_A931926EE07885C64957CD5716854092" xlink:to="lab_ndaq_DefinedBenefitPlanExpectedFutureBenefitPayments_A931926EE07885C64957CD5716854092" xlink:type="arc" />
    <link:label id="lab_ndaq_IncomeTaxDisclosureTable_085C344BAC92CBC4040C0B885A36FC28_terseLabel_en-US" xlink:label="lab_ndaq_IncomeTaxDisclosureTable_085C344BAC92CBC4040C0B885A36FC28" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Tax Disclosure [Table]</link:label>
    <link:label id="lab_ndaq_IncomeTaxDisclosureTable_085C344BAC92CBC4040C0B885A36FC28_label_en-US" xlink:label="lab_ndaq_IncomeTaxDisclosureTable_085C344BAC92CBC4040C0B885A36FC28" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Disclosure [Table]</link:label>
    <link:label id="lab_ndaq_IncomeTaxDisclosureTable_085C344BAC92CBC4040C0B885A36FC28_documentation_en-US" xlink:label="lab_ndaq_IncomeTaxDisclosureTable_085C344BAC92CBC4040C0B885A36FC28" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income Tax Disclosure [Table]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_IncomeTaxDisclosureTable" xlink:label="loc_ndaq_IncomeTaxDisclosureTable_085C344BAC92CBC4040C0B885A36FC28" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_IncomeTaxDisclosureTable_085C344BAC92CBC4040C0B885A36FC28" xlink:to="lab_ndaq_IncomeTaxDisclosureTable_085C344BAC92CBC4040C0B885A36FC28" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementEquityComponentsAxis_8B2BB361112DA277F1260B885A3CBB90_terseLabel_en-US" xlink:label="lab_us-gaap_StatementEquityComponentsAxis_8B2BB361112DA277F1260B885A3CBB90" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Components [Axis]</link:label>
    <link:label id="lab_us-gaap_StatementEquityComponentsAxis_8B2BB361112DA277F1260B885A3CBB90_label_en-US" xlink:label="lab_us-gaap_StatementEquityComponentsAxis_8B2BB361112DA277F1260B885A3CBB90" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Components [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="loc_us-gaap_StatementEquityComponentsAxis_8B2BB361112DA277F1260B885A3CBB90" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementEquityComponentsAxis_8B2BB361112DA277F1260B885A3CBB90" xlink:to="lab_us-gaap_StatementEquityComponentsAxis_8B2BB361112DA277F1260B885A3CBB90" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityComponentDomain_70757A3A86F743BBF92A0B885A3C43C1_terseLabel_en-US" xlink:label="lab_us-gaap_EquityComponentDomain_70757A3A86F743BBF92A0B885A3C43C1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Component [Domain]</link:label>
    <link:label id="lab_us-gaap_EquityComponentDomain_70757A3A86F743BBF92A0B885A3C43C1_label_en-US" xlink:label="lab_us-gaap_EquityComponentDomain_70757A3A86F743BBF92A0B885A3C43C1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Component [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="loc_us-gaap_EquityComponentDomain_70757A3A86F743BBF92A0B885A3C43C1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityComponentDomain_70757A3A86F743BBF92A0B885A3C43C1" xlink:to="lab_us-gaap_EquityComponentDomain_70757A3A86F743BBF92A0B885A3C43C1" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_56728BF037E966F606DF0B885A3D9E66_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_56728BF037E966F606DF0B885A3D9E66" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated Other Comprehensive Loss</link:label>
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_56728BF037E966F606DF0B885A3D9E66_label_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_56728BF037E966F606DF0B885A3D9E66" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">AOCI Attributable to Parent [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeMember" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeMember_56728BF037E966F606DF0B885A3D9E66" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedOtherComprehensiveIncomeMember_56728BF037E966F606DF0B885A3D9E66" xlink:to="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_56728BF037E966F606DF0B885A3D9E66" xlink:type="arc" />
    <link:label id="lab_us-gaap_RetainedEarningsMember_E7CDD9B576AB155E14E40B885A3D2993_terseLabel_en-US" xlink:label="lab_us-gaap_RetainedEarningsMember_E7CDD9B576AB155E14E40B885A3D2993" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retained Earnings</link:label>
    <link:label id="lab_us-gaap_RetainedEarningsMember_E7CDD9B576AB155E14E40B885A3D2993_label_en-US" xlink:label="lab_us-gaap_RetainedEarningsMember_E7CDD9B576AB155E14E40B885A3D2993" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retained Earnings [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RetainedEarningsMember" xlink:label="loc_us-gaap_RetainedEarningsMember_E7CDD9B576AB155E14E40B885A3D2993" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RetainedEarningsMember_E7CDD9B576AB155E14E40B885A3D2993" xlink:to="lab_us-gaap_RetainedEarningsMember_E7CDD9B576AB155E14E40B885A3D2993" xlink:type="arc" />
    <link:label id="lab_ndaq_AccountingStandardsUpdate201802Member_0FA8BE0567F5DFF857BC0B885A3E2EB0_terseLabel_en-US" xlink:label="lab_ndaq_AccountingStandardsUpdate201802Member_0FA8BE0567F5DFF857BC0B885A3E2EB0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounting Standards Update 2018-02</link:label>
    <link:label id="lab_ndaq_AccountingStandardsUpdate201802Member_0FA8BE0567F5DFF857BC0B885A3E2EB0_label_en-US" xlink:label="lab_ndaq_AccountingStandardsUpdate201802Member_0FA8BE0567F5DFF857BC0B885A3E2EB0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounting Standards Update 2018-02 [Member]</link:label>
    <link:label id="lab_ndaq_AccountingStandardsUpdate201802Member_0FA8BE0567F5DFF857BC0B885A3E2EB0_documentation_en-US" xlink:label="lab_ndaq_AccountingStandardsUpdate201802Member_0FA8BE0567F5DFF857BC0B885A3E2EB0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Accounting Standards Update 2018-02 [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_AccountingStandardsUpdate201802Member" xlink:label="loc_ndaq_AccountingStandardsUpdate201802Member_0FA8BE0567F5DFF857BC0B885A3E2EB0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_AccountingStandardsUpdate201802Member_0FA8BE0567F5DFF857BC0B885A3E2EB0" xlink:to="lab_ndaq_AccountingStandardsUpdate201802Member_0FA8BE0567F5DFF857BC0B885A3E2EB0" xlink:type="arc" />
    <link:label id="lab_country_SE_DDF303E6D9068DE090D30B885A3FE11E_terseLabel_en-US" xlink:label="lab_country_SE_DDF303E6D9068DE090D30B885A3FE11E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sweden</link:label>
    <link:label id="lab_country_SE_DDF303E6D9068DE090D30B885A3FE11E_label_en-US" xlink:label="lab_country_SE_DDF303E6D9068DE090D30B885A3FE11E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">SWEDEN</link:label>
    <link:loc xlink:href="http://xbrl.sec.gov/country/2017/country-2017-01-31.xsd#country_SE" xlink:label="loc_country_SE_DDF303E6D9068DE090D30B885A3FE11E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_SE_DDF303E6D9068DE090D30B885A3FE11E" xlink:to="lab_country_SE_DDF303E6D9068DE090D30B885A3FE11E" xlink:type="arc" />
    <link:label id="lab_ndaq_IncomeTaxDisclosureLineItems_E9F53D58424BCC557D9E0B885A3F8841_terseLabel_en-US" xlink:label="lab_ndaq_IncomeTaxDisclosureLineItems_E9F53D58424BCC557D9E0B885A3F8841" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Tax Disclosure [Line Items]</link:label>
    <link:label id="lab_ndaq_IncomeTaxDisclosureLineItems_E9F53D58424BCC557D9E0B885A3F8841_label_en-US" xlink:label="lab_ndaq_IncomeTaxDisclosureLineItems_E9F53D58424BCC557D9E0B885A3F8841" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Disclosure [Line Items]</link:label>
    <link:label id="lab_ndaq_IncomeTaxDisclosureLineItems_E9F53D58424BCC557D9E0B885A3F8841_documentation_en-US" xlink:label="lab_ndaq_IncomeTaxDisclosureLineItems_E9F53D58424BCC557D9E0B885A3F8841" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income Tax Disclosure [Line Items]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_IncomeTaxDisclosureLineItems" xlink:label="loc_ndaq_IncomeTaxDisclosureLineItems_E9F53D58424BCC557D9E0B885A3F8841" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_IncomeTaxDisclosureLineItems_E9F53D58424BCC557D9E0B885A3F8841" xlink:to="lab_ndaq_IncomeTaxDisclosureLineItems_E9F53D58424BCC557D9E0B885A3F8841" xlink:type="arc" />
    <link:label id="lab_us-gaap_UndistributedEarnings_9133E0BC14C6B1865A6F0B885A3F3001_terseLabel_en-US" xlink:label="lab_us-gaap_UndistributedEarnings_9133E0BC14C6B1865A6F0B885A3F3001" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Undistributed earnings</link:label>
    <link:label id="lab_us-gaap_UndistributedEarnings_9133E0BC14C6B1865A6F0B885A3F3001_label_en-US" xlink:label="lab_us-gaap_UndistributedEarnings_9133E0BC14C6B1865A6F0B885A3F3001" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Undistributed Earnings, Basic</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_UndistributedEarnings" xlink:label="loc_us-gaap_UndistributedEarnings_9133E0BC14C6B1865A6F0B885A3F3001" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UndistributedEarnings_9133E0BC14C6B1865A6F0B885A3F3001" xlink:to="lab_us-gaap_UndistributedEarnings_9133E0BC14C6B1865A6F0B885A3F3001" xlink:type="arc" />
    <link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense_AE7F2B0049484FA3FE8C0B885A408E18_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense_AE7F2B0049484FA3FE8C0B885A408E18" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income tax benefits primarily related to share-based compensation</link:label>
    <link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense_AE7F2B0049484FA3FE8C0B885A408E18_label_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense_AE7F2B0049484FA3FE8C0B885A408E18" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Service Share-based Compensation, Tax Benefit from Compensation Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense" xlink:label="loc_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense_AE7F2B0049484FA3FE8C0B885A408E18" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense_AE7F2B0049484FA3FE8C0B885A408E18" xlink:to="lab_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense_AE7F2B0049484FA3FE8C0B885A408E18" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate_07567AEC9CA1C1F63B3D0B885A406DC7_terseLabel_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate_07567AEC9CA1C1F63B3D0B885A406DC7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unrecognized tax benefits that would impact effective tax rate</link:label>
    <link:label id="lab_us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate_07567AEC9CA1C1F63B3D0B885A406DC7_label_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate_07567AEC9CA1C1F63B3D0B885A406DC7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unrecognized Tax Benefits that Would Impact Effective Tax Rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate" xlink:label="loc_us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate_07567AEC9CA1C1F63B3D0B885A406DC7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate_07567AEC9CA1C1F63B3D0B885A406DC7" xlink:to="lab_us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate_07567AEC9CA1C1F63B3D0B885A406DC7" xlink:type="arc" />
    <link:label id="lab_us-gaap_DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible_E0C2251A0CABAA68AF6F0B885A40BA76_terseLabel_en-US" xlink:label="lab_us-gaap_DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible_E0C2251A0CABAA68AF6F0B885A40BA76" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">decrease in unrecognized tax benefits, reasonably possible</link:label>
    <link:label id="lab_us-gaap_DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible_E0C2251A0CABAA68AF6F0B885A40BA76_label_en-US" xlink:label="lab_us-gaap_DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible_E0C2251A0CABAA68AF6F0B885A40BA76" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Decrease in Unrecognized Tax Benefits is Reasonably Possible</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible" xlink:label="loc_us-gaap_DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible_E0C2251A0CABAA68AF6F0B885A40BA76" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible_E0C2251A0CABAA68AF6F0B885A40BA76" xlink:to="lab_us-gaap_DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible_E0C2251A0CABAA68AF6F0B885A40BA76" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxExaminationPenaltiesAndInterestExpense_3C8B6E5B9AA60BAB780E0B885A4080E1_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxExaminationPenaltiesAndInterestExpense_3C8B6E5B9AA60BAB780E0B885A4080E1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Penalties and interest expense</link:label>
    <link:label id="lab_us-gaap_IncomeTaxExaminationPenaltiesAndInterestExpense_3C8B6E5B9AA60BAB780E0B885A4080E1_label_en-US" xlink:label="lab_us-gaap_IncomeTaxExaminationPenaltiesAndInterestExpense_3C8B6E5B9AA60BAB780E0B885A4080E1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Examination, Penalties and Interest Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncomeTaxExaminationPenaltiesAndInterestExpense" xlink:label="loc_us-gaap_IncomeTaxExaminationPenaltiesAndInterestExpense_3C8B6E5B9AA60BAB780E0B885A4080E1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxExaminationPenaltiesAndInterestExpense_3C8B6E5B9AA60BAB780E0B885A4080E1" xlink:to="lab_us-gaap_IncomeTaxExaminationPenaltiesAndInterestExpense_3C8B6E5B9AA60BAB780E0B885A4080E1" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxExaminationPenaltiesAndInterestAccrued_64FB5DD9C1E89673F3BD0B885A404DB0_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxExaminationPenaltiesAndInterestAccrued_64FB5DD9C1E89673F3BD0B885A404DB0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest and penalties related to income tax</link:label>
    <link:label id="lab_us-gaap_IncomeTaxExaminationPenaltiesAndInterestAccrued_64FB5DD9C1E89673F3BD0B885A404DB0_label_en-US" xlink:label="lab_us-gaap_IncomeTaxExaminationPenaltiesAndInterestAccrued_64FB5DD9C1E89673F3BD0B885A404DB0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Examination, Penalties and Interest Accrued</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncomeTaxExaminationPenaltiesAndInterestAccrued" xlink:label="loc_us-gaap_IncomeTaxExaminationPenaltiesAndInterestAccrued_64FB5DD9C1E89673F3BD0B885A404DB0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxExaminationPenaltiesAndInterestAccrued_64FB5DD9C1E89673F3BD0B885A404DB0" xlink:to="lab_us-gaap_IncomeTaxExaminationPenaltiesAndInterestAccrued_64FB5DD9C1E89673F3BD0B885A404DB0" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxExaminationLiabilityRefundAdjustmentFromSettlementWithTaxingAuthority_5E84568E9D5FBE13C69F0B885A418B2C_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxExaminationLiabilityRefundAdjustmentFromSettlementWithTaxingAuthority_5E84568E9D5FBE13C69F0B885A418B2C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Tax expense (benefits) associated with foreign tax agency</link:label>
    <link:label id="lab_us-gaap_IncomeTaxExaminationLiabilityRefundAdjustmentFromSettlementWithTaxingAuthority_5E84568E9D5FBE13C69F0B885A418B2C_label_en-US" xlink:label="lab_us-gaap_IncomeTaxExaminationLiabilityRefundAdjustmentFromSettlementWithTaxingAuthority_5E84568E9D5FBE13C69F0B885A418B2C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Examination, Liability (Refund) Adjustment from Settlement with Taxing Authority</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncomeTaxExaminationLiabilityRefundAdjustmentFromSettlementWithTaxingAuthority" xlink:label="loc_us-gaap_IncomeTaxExaminationLiabilityRefundAdjustmentFromSettlementWithTaxingAuthority_5E84568E9D5FBE13C69F0B885A418B2C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxExaminationLiabilityRefundAdjustmentFromSettlementWithTaxingAuthority_5E84568E9D5FBE13C69F0B885A418B2C" xlink:to="lab_us-gaap_IncomeTaxExaminationLiabilityRefundAdjustmentFromSettlementWithTaxingAuthority_5E84568E9D5FBE13C69F0B885A418B2C" xlink:type="arc" />
    <link:label id="lab_ndaq_PaymentsForTaxSettlements_4088A1703B5B61993FC60B885A41E2B4_terseLabel_en-US" xlink:label="lab_ndaq_PaymentsForTaxSettlements_4088A1703B5B61993FC60B885A41E2B4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Payments for tax settlements</link:label>
    <link:label id="lab_ndaq_PaymentsForTaxSettlements_4088A1703B5B61993FC60B885A41E2B4_label_en-US" xlink:label="lab_ndaq_PaymentsForTaxSettlements_4088A1703B5B61993FC60B885A41E2B4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments For Tax Settlements</link:label>
    <link:label id="lab_ndaq_PaymentsForTaxSettlements_4088A1703B5B61993FC60B885A41E2B4_documentation_en-US" xlink:label="lab_ndaq_PaymentsForTaxSettlements_4088A1703B5B61993FC60B885A41E2B4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Payments For Tax Settlements</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_PaymentsForTaxSettlements" xlink:label="loc_ndaq_PaymentsForTaxSettlements_4088A1703B5B61993FC60B885A41E2B4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_PaymentsForTaxSettlements_4088A1703B5B61993FC60B885A41E2B4" xlink:to="lab_ndaq_PaymentsForTaxSettlements_4088A1703B5B61993FC60B885A41E2B4" xlink:type="arc" />
    <link:label id="lab_ndaq_IncomeTaxExaminationLiabilityRefundAdjustmentFromSettlementWithTaxingAuthorityPerDilutedShare_803788A080677161C2E30B885A41F1EB_terseLabel_en-US" xlink:label="lab_ndaq_IncomeTaxExaminationLiabilityRefundAdjustmentFromSettlementWithTaxingAuthorityPerDilutedShare_803788A080677161C2E30B885A41F1EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Tax expense (benefits), per diluted share (in dollars per share)</link:label>
    <link:label id="lab_ndaq_IncomeTaxExaminationLiabilityRefundAdjustmentFromSettlementWithTaxingAuthorityPerDilutedShare_803788A080677161C2E30B885A41F1EB_label_en-US" xlink:label="lab_ndaq_IncomeTaxExaminationLiabilityRefundAdjustmentFromSettlementWithTaxingAuthorityPerDilutedShare_803788A080677161C2E30B885A41F1EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax Examination, Liability (Refund) Adjustment from Settlement with Taxing Authority Per Diluted Share</link:label>
    <link:label id="lab_ndaq_IncomeTaxExaminationLiabilityRefundAdjustmentFromSettlementWithTaxingAuthorityPerDilutedShare_803788A080677161C2E30B885A41F1EB_documentation_en-US" xlink:label="lab_ndaq_IncomeTaxExaminationLiabilityRefundAdjustmentFromSettlementWithTaxingAuthorityPerDilutedShare_803788A080677161C2E30B885A41F1EB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income Tax Examination, Liability (Refund) Adjustment from Settlement with Taxing Authority Per Diluted Share</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_IncomeTaxExaminationLiabilityRefundAdjustmentFromSettlementWithTaxingAuthorityPerDilutedShare" xlink:label="loc_ndaq_IncomeTaxExaminationLiabilityRefundAdjustmentFromSettlementWithTaxingAuthorityPerDilutedShare_803788A080677161C2E30B885A41F1EB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_IncomeTaxExaminationLiabilityRefundAdjustmentFromSettlementWithTaxingAuthorityPerDilutedShare_803788A080677161C2E30B885A41F1EB" xlink:to="lab_ndaq_IncomeTaxExaminationLiabilityRefundAdjustmentFromSettlementWithTaxingAuthorityPerDilutedShare_803788A080677161C2E30B885A41F1EB" xlink:type="arc" />
    <link:label id="lab_ndaq_RecurringTaxExpenseBenefits_161A047E58C6DF6C8A070B885A415AC9_terseLabel_en-US" xlink:label="lab_ndaq_RecurringTaxExpenseBenefits_161A047E58C6DF6C8A070B885A415AC9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Quarterly recurring tax expense</link:label>
    <link:label id="lab_ndaq_RecurringTaxExpenseBenefits_161A047E58C6DF6C8A070B885A415AC9_label_en-US" xlink:label="lab_ndaq_RecurringTaxExpenseBenefits_161A047E58C6DF6C8A070B885A415AC9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Recurring Tax Expense (Benefits)</link:label>
    <link:label id="lab_ndaq_RecurringTaxExpenseBenefits_161A047E58C6DF6C8A070B885A415AC9_documentation_en-US" xlink:label="lab_ndaq_RecurringTaxExpenseBenefits_161A047E58C6DF6C8A070B885A415AC9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Recurring Tax Expense (Benefits)</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_RecurringTaxExpenseBenefits" xlink:label="loc_ndaq_RecurringTaxExpenseBenefits_161A047E58C6DF6C8A070B885A415AC9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_RecurringTaxExpenseBenefits_161A047E58C6DF6C8A070B885A415AC9" xlink:to="lab_ndaq_RecurringTaxExpenseBenefits_161A047E58C6DF6C8A070B885A415AC9" xlink:type="arc" />
    <link:label id="lab_ndaq_TaxCutsandJobsActof2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit_B1D1B4717162A3025FB50B885A41B995_negatedLabel_en-US" xlink:label="lab_ndaq_TaxCutsandJobsActof2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit_B1D1B4717162A3025FB50B885A41B995" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Provisional tax benefit, due to Tax Cuts and Jobs Act</link:label>
    <link:label id="lab_ndaq_TaxCutsandJobsActof2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit_B1D1B4717162A3025FB50B885A41B995_label_en-US" xlink:label="lab_ndaq_TaxCutsandJobsActof2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit_B1D1B4717162A3025FB50B885A41B995" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax Cuts and Jobs Act of 2017, Incomplete Accounting, Provisional Income Tax Expense (Benefit)</link:label>
    <link:label id="lab_ndaq_TaxCutsandJobsActof2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit_B1D1B4717162A3025FB50B885A41B995_documentation_en-US" xlink:label="lab_ndaq_TaxCutsandJobsActof2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit_B1D1B4717162A3025FB50B885A41B995" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tax Cuts and Jobs Act of 2017, Incomplete Accounting, Provisional Income Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_TaxCutsandJobsActof2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit" xlink:label="loc_ndaq_TaxCutsandJobsActof2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit_B1D1B4717162A3025FB50B885A41B995" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_TaxCutsandJobsActof2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit_B1D1B4717162A3025FB50B885A41B995" xlink:to="lab_ndaq_TaxCutsandJobsActof2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit_B1D1B4717162A3025FB50B885A41B995" xlink:type="arc" />
    <link:label id="lab_ndaq_TaxCutsandJobsActof2017MeasurementPeriodAdjustmentIncomeTaxExpenseBenefit_6794285E6862FA179B280BAFDFE1FEC2_terseLabel_en-US" xlink:label="lab_ndaq_TaxCutsandJobsActof2017MeasurementPeriodAdjustmentIncomeTaxExpenseBenefit_6794285E6862FA179B280BAFDFE1FEC2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reduction to deferred tax assets relating to foreign currency translation</link:label>
    <link:label id="lab_ndaq_TaxCutsandJobsActof2017MeasurementPeriodAdjustmentIncomeTaxExpenseBenefit_6794285E6862FA179B280BAFDFE1FEC2_label_en-US" xlink:label="lab_ndaq_TaxCutsandJobsActof2017MeasurementPeriodAdjustmentIncomeTaxExpenseBenefit_6794285E6862FA179B280BAFDFE1FEC2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax Cuts and Jobs Act of 2017,Measurement Period Adjustment,Income Tax Expense (Benefit)</link:label>
    <link:label id="lab_ndaq_TaxCutsandJobsActof2017MeasurementPeriodAdjustmentIncomeTaxExpenseBenefit_6794285E6862FA179B280BAFDFE1FEC2_documentation_en-US" xlink:label="lab_ndaq_TaxCutsandJobsActof2017MeasurementPeriodAdjustmentIncomeTaxExpenseBenefit_6794285E6862FA179B280BAFDFE1FEC2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tax Cuts and Jobs Act of 2017,Measurement Period Adjustment,Income Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_TaxCutsandJobsActof2017MeasurementPeriodAdjustmentIncomeTaxExpenseBenefit" xlink:label="loc_ndaq_TaxCutsandJobsActof2017MeasurementPeriodAdjustmentIncomeTaxExpenseBenefit_6794285E6862FA179B280BAFDFE1FEC2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_TaxCutsandJobsActof2017MeasurementPeriodAdjustmentIncomeTaxExpenseBenefit_6794285E6862FA179B280BAFDFE1FEC2" xlink:to="lab_ndaq_TaxCutsandJobsActof2017MeasurementPeriodAdjustmentIncomeTaxExpenseBenefit_6794285E6862FA179B280BAFDFE1FEC2" xlink:type="arc" />
    <link:label id="lab_ndaq_TaxCutsandJobsActof2017ReclassificationfromAOCItoRetainedEarningsTaxEffect_591C283D51D96E0ABB5E0B885A41F4DA_terseLabel_en-US" xlink:label="lab_ndaq_TaxCutsandJobsActof2017ReclassificationfromAOCItoRetainedEarningsTaxEffect_591C283D51D96E0ABB5E0B885A41F4DA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reclassification from AOCI, tax amount</link:label>
    <link:label id="lab_ndaq_TaxCutsandJobsActof2017ReclassificationfromAOCItoRetainedEarningsTaxEffect_591C283D51D96E0ABB5E0B885A41F4DA_label_en-US" xlink:label="lab_ndaq_TaxCutsandJobsActof2017ReclassificationfromAOCItoRetainedEarningsTaxEffect_591C283D51D96E0ABB5E0B885A41F4DA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax Cuts and Jobs Act of 2017, Reclassification from AOCI to Retained Earnings, Tax Effect</link:label>
    <link:label id="lab_ndaq_TaxCutsandJobsActof2017ReclassificationfromAOCItoRetainedEarningsTaxEffect_591C283D51D96E0ABB5E0B885A41F4DA_documentation_en-US" xlink:label="lab_ndaq_TaxCutsandJobsActof2017ReclassificationfromAOCItoRetainedEarningsTaxEffect_591C283D51D96E0ABB5E0B885A41F4DA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tax Cuts and Jobs Act of 2017, Reclassification from AOCI to Retained Earnings, Tax Effect</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_TaxCutsandJobsActof2017ReclassificationfromAOCItoRetainedEarningsTaxEffect" xlink:label="loc_ndaq_TaxCutsandJobsActof2017ReclassificationfromAOCItoRetainedEarningsTaxEffect_591C283D51D96E0ABB5E0B885A41F4DA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_TaxCutsandJobsActof2017ReclassificationfromAOCItoRetainedEarningsTaxEffect_591C283D51D96E0ABB5E0B885A41F4DA" xlink:to="lab_ndaq_TaxCutsandJobsActof2017ReclassificationfromAOCItoRetainedEarningsTaxEffect_591C283D51D96E0ABB5E0B885A41F4DA" xlink:type="arc" />
    <link:label id="lab_us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock_6F7DD65C058DCF76731980850D06EB7C_terseLabel_en-US" xlink:label="lab_us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock_495BC49B6A6E5200A940FC8C9CF58AD6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Changes in Deferred Revenue</link:label>
    <link:label id="lab_us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock_6F7DD65C058DCF76731980850D06EB7C_label_en-US" xlink:label="lab_us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock_495BC49B6A6E5200A940FC8C9CF58AD6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contract with Customer, Asset and Liability [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock" xlink:label="loc_us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock_495BC49B6A6E5200A940FC8C9CF58AD6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock_495BC49B6A6E5200A940FC8C9CF58AD6" xlink:to="lab_us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock_495BC49B6A6E5200A940FC8C9CF58AD6" xlink:type="arc" />
    <link:label id="lab_ndaq_EstimatedDeferredRevenueTableTextBlock_0A9D802A809FB288513A80850D07DEC9_terseLabel_en-US" xlink:label="lab_ndaq_EstimatedDeferredRevenueTableTextBlock_923404D5C4345B5FA308CC5605A0E34C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Estimated Deferred Revenue</link:label>
    <link:label id="lab_ndaq_EstimatedDeferredRevenueTableTextBlock_0A9D802A809FB288513A80850D07DEC9_label_en-US" xlink:label="lab_ndaq_EstimatedDeferredRevenueTableTextBlock_923404D5C4345B5FA308CC5605A0E34C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Estimated Deferred Revenue [Table Text Block]</link:label>
    <link:label id="lab_ndaq_EstimatedDeferredRevenueTableTextBlock_0A9D802A809FB288513A80850D07DEC9_documentation_en-US" xlink:label="lab_ndaq_EstimatedDeferredRevenueTableTextBlock_923404D5C4345B5FA308CC5605A0E34C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The year in which deferred revenue is expected to be recognized.</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_EstimatedDeferredRevenueTableTextBlock" xlink:label="loc_ndaq_EstimatedDeferredRevenueTableTextBlock_923404D5C4345B5FA308CC5605A0E34C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_EstimatedDeferredRevenueTableTextBlock_923404D5C4345B5FA308CC5605A0E34C" xlink:to="lab_ndaq_EstimatedDeferredRevenueTableTextBlock_923404D5C4345B5FA308CC5605A0E34C" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_18C31E97DA9F7EF808347CE760FD0778_label_en-US" xlink:label="lab_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_FBAF861071B55C2FAED6F6A92127FEF9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments, Debt and Equity Securities [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract" xlink:label="loc_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_FBAF861071B55C2FAED6F6A92127FEF9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_FBAF861071B55C2FAED6F6A92127FEF9" xlink:to="lab_us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract_FBAF861071B55C2FAED6F6A92127FEF9" xlink:type="arc" />
    <link:label id="lab_ndaq_ScheduleofInvestmentsTableTextBlock_6C3871FA50D4DAD9D9717CE760FDB228_terseLabel_en-US" xlink:label="lab_ndaq_ScheduleofInvestmentsTableTextBlock_F6C8CAF77A0A5DE7ACC1B336DE1A412A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Investments</link:label>
    <link:label id="lab_ndaq_ScheduleofInvestmentsTableTextBlock_6C3871FA50D4DAD9D9717CE760FDB228_label_en-US" xlink:label="lab_ndaq_ScheduleofInvestmentsTableTextBlock_F6C8CAF77A0A5DE7ACC1B336DE1A412A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Investments [Table Text Block]</link:label>
    <link:label id="lab_ndaq_ScheduleofInvestmentsTableTextBlock_6C3871FA50D4DAD9D9717CE760FDB228_documentation_en-US" xlink:label="lab_ndaq_ScheduleofInvestmentsTableTextBlock_F6C8CAF77A0A5DE7ACC1B336DE1A412A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Investments</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ScheduleofInvestmentsTableTextBlock" xlink:label="loc_ndaq_ScheduleofInvestmentsTableTextBlock_F6C8CAF77A0A5DE7ACC1B336DE1A412A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ScheduleofInvestmentsTableTextBlock_F6C8CAF77A0A5DE7ACC1B336DE1A412A" xlink:to="lab_ndaq_ScheduleofInvestmentsTableTextBlock_F6C8CAF77A0A5DE7ACC1B336DE1A412A" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_973F5F6289D42CFBB7AEAB620A9E887C_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_973F5F6289D42CFBB7AEAB620A9E887C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Operating Segments</link:label>
    <link:label id="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_973F5F6289D42CFBB7AEAB620A9E887C_label_en-US" xlink:label="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_973F5F6289D42CFBB7AEAB620A9E887C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Segment Reporting Information, by Segment [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock" xlink:label="loc_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_973F5F6289D42CFBB7AEAB620A9E887C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_973F5F6289D42CFBB7AEAB620A9E887C" xlink:to="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock_973F5F6289D42CFBB7AEAB620A9E887C" xlink:type="arc" />
    <link:label id="lab_ndaq_ScheduleofCorporateItemsandEliminationTableTextBlock_E365510D2209D4AB4C53AB620A9F12FC_terseLabel_en-US" xlink:label="lab_ndaq_ScheduleofCorporateItemsandEliminationTableTextBlock_E365510D2209D4AB4C53AB620A9F12FC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Corporate Items</link:label>
    <link:label id="lab_ndaq_ScheduleofCorporateItemsandEliminationTableTextBlock_E365510D2209D4AB4C53AB620A9F12FC_label_en-US" xlink:label="lab_ndaq_ScheduleofCorporateItemsandEliminationTableTextBlock_E365510D2209D4AB4C53AB620A9F12FC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Corporate Items and Elimination [Table Text Block]</link:label>
    <link:label id="lab_ndaq_ScheduleofCorporateItemsandEliminationTableTextBlock_E365510D2209D4AB4C53AB620A9F12FC_documentation_en-US" xlink:label="lab_ndaq_ScheduleofCorporateItemsandEliminationTableTextBlock_E365510D2209D4AB4C53AB620A9F12FC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Corporate Items and Elimination [Table Text Block]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ScheduleofCorporateItemsandEliminationTableTextBlock" xlink:label="loc_ndaq_ScheduleofCorporateItemsandEliminationTableTextBlock_E365510D2209D4AB4C53AB620A9F12FC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ScheduleofCorporateItemsandEliminationTableTextBlock_E365510D2209D4AB4C53AB620A9F12FC" xlink:to="lab_ndaq_ScheduleofCorporateItemsandEliminationTableTextBlock_E365510D2209D4AB4C53AB620A9F12FC" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock_1CA0F744F0C8BB62AAF0ABE530C2DEC1_terseLabel_en-US" xlink:label="lab_us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock_1CA0F744F0C8BB62AAF0ABE530C2DEC1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue from External Customers by Geographic Areas</link:label>
    <link:label id="lab_us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock_1CA0F744F0C8BB62AAF0ABE530C2DEC1_label_en-US" xlink:label="lab_us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock_1CA0F744F0C8BB62AAF0ABE530C2DEC1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue from External Customers by Geographic Areas [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock" xlink:label="loc_us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock_1CA0F744F0C8BB62AAF0ABE530C2DEC1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock_1CA0F744F0C8BB62AAF0ABE530C2DEC1" xlink:to="lab_us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock_1CA0F744F0C8BB62AAF0ABE530C2DEC1" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_5F79531A0EB1612732981073DA60E685_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_5F79531A0EB1612732981073DA60E685" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Segment Reporting Information, by Segment [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_5F79531A0EB1612732981073DA60E685_label_en-US" xlink:label="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_5F79531A0EB1612732981073DA60E685" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Segment Reporting Information, by Segment [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="loc_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_5F79531A0EB1612732981073DA60E685" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_5F79531A0EB1612732981073DA60E685" xlink:to="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_5F79531A0EB1612732981073DA60E685" xlink:type="arc" />
    <link:label id="lab_srt_ConsolidationItemsAxis_ED6F9A3A981A048B9F901073DA60E951_terseLabel_en-US" xlink:label="lab_srt_ConsolidationItemsAxis_ED6F9A3A981A048B9F901073DA60E951" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consolidation Items [Axis]</link:label>
    <link:label id="lab_srt_ConsolidationItemsAxis_ED6F9A3A981A048B9F901073DA60E951_label_en-US" xlink:label="lab_srt_ConsolidationItemsAxis_ED6F9A3A981A048B9F901073DA60E951" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidation Items [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_ConsolidationItemsAxis" xlink:label="loc_srt_ConsolidationItemsAxis_ED6F9A3A981A048B9F901073DA60E951" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_ConsolidationItemsAxis_ED6F9A3A981A048B9F901073DA60E951" xlink:to="lab_srt_ConsolidationItemsAxis_ED6F9A3A981A048B9F901073DA60E951" xlink:type="arc" />
    <link:label id="lab_srt_ConsolidationItemsDomain_8F74D59ACAE20017FA4B1073DA617D1D_terseLabel_en-US" xlink:label="lab_srt_ConsolidationItemsDomain_8F74D59ACAE20017FA4B1073DA617D1D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consolidation Items [Domain]</link:label>
    <link:label id="lab_srt_ConsolidationItemsDomain_8F74D59ACAE20017FA4B1073DA617D1D_label_en-US" xlink:label="lab_srt_ConsolidationItemsDomain_8F74D59ACAE20017FA4B1073DA617D1D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidation Items [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_ConsolidationItemsDomain" xlink:label="loc_srt_ConsolidationItemsDomain_8F74D59ACAE20017FA4B1073DA617D1D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_ConsolidationItemsDomain_8F74D59ACAE20017FA4B1073DA617D1D" xlink:to="lab_srt_ConsolidationItemsDomain_8F74D59ACAE20017FA4B1073DA617D1D" xlink:type="arc" />
    <link:label id="lab_us-gaap_CorporateNonSegmentMember_416455AEAAB0D714F6C31073DA6119F8_terseLabel_en-US" xlink:label="lab_us-gaap_CorporateNonSegmentMember_416455AEAAB0D714F6C31073DA6119F8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Corporate Items</link:label>
    <link:label id="lab_us-gaap_CorporateNonSegmentMember_416455AEAAB0D714F6C31073DA6119F8_label_en-US" xlink:label="lab_us-gaap_CorporateNonSegmentMember_416455AEAAB0D714F6C31073DA6119F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Corporate, Non-Segment [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CorporateNonSegmentMember" xlink:label="loc_us-gaap_CorporateNonSegmentMember_416455AEAAB0D714F6C31073DA6119F8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CorporateNonSegmentMember_416455AEAAB0D714F6C31073DA6119F8" xlink:to="lab_us-gaap_CorporateNonSegmentMember_416455AEAAB0D714F6C31073DA6119F8" xlink:type="arc" />
    <link:label id="lab_us-gaap_SegmentReportingInformationLineItems_AE82641206F02456A3C81073DA617C93_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentReportingInformationLineItems_AE82641206F02456A3C81073DA617C93" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Segment Reporting Information [Line Items]</link:label>
    <link:label id="lab_us-gaap_SegmentReportingInformationLineItems_AE82641206F02456A3C81073DA617C93_label_en-US" xlink:label="lab_us-gaap_SegmentReportingInformationLineItems_AE82641206F02456A3C81073DA617C93" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segment Reporting Information [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="loc_us-gaap_SegmentReportingInformationLineItems_AE82641206F02456A3C81073DA617C93" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SegmentReportingInformationLineItems_AE82641206F02456A3C81073DA617C93" xlink:to="lab_us-gaap_SegmentReportingInformationLineItems_AE82641206F02456A3C81073DA617C93" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax_39A91853E85BE4BDDB3C1073DA610CBB_netLabel_en-US" xlink:label="lab_us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax_39A91853E85BE4BDDB3C1073DA610CBB" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Revenues - divested businesses</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax" xlink:label="loc_us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax_39A91853E85BE4BDDB3C1073DA610CBB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax_39A91853E85BE4BDDB3C1073DA610CBB" xlink:to="lab_us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax_39A91853E85BE4BDDB3C1073DA610CBB" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingExpensesAbstract_278D7C17FB212CCC575F1073DA62A113_verboseLabel_en-US" xlink:label="lab_us-gaap_OperatingExpensesAbstract_278D7C17FB212CCC575F1073DA62A113" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Expenses:</link:label>
    <link:label id="lab_us-gaap_OperatingExpensesAbstract_278D7C17FB212CCC575F1073DA62A113_label_en-US" xlink:label="lab_us-gaap_OperatingExpensesAbstract_278D7C17FB212CCC575F1073DA62A113" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Expenses [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="loc_us-gaap_OperatingExpensesAbstract_278D7C17FB212CCC575F1073DA62A113" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingExpensesAbstract_278D7C17FB212CCC575F1073DA62A113" xlink:to="lab_us-gaap_OperatingExpensesAbstract_278D7C17FB212CCC575F1073DA62A113" xlink:type="arc" />
    <link:label id="lab_us-gaap_AmortizationOfIntangibleAssets_5DCA27A566C8F8242B6A1073DA62A5FA_verboseLabel_en-US" xlink:label="lab_us-gaap_AmortizationOfIntangibleAssets_5DCA27A566C8F8242B6A1073DA62A5FA" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Amortization expense of acquired intangible assets</link:label>
    <link:label id="lab_us-gaap_AmortizationOfIntangibleAssets_5DCA27A566C8F8242B6A1073DA62A5FA_label_en-US" xlink:label="lab_us-gaap_AmortizationOfIntangibleAssets_5DCA27A566C8F8242B6A1073DA62A5FA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amortization of Intangible Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AmortizationOfIntangibleAssets" xlink:label="loc_us-gaap_AmortizationOfIntangibleAssets_5DCA27A566C8F8242B6A1073DA62A5FA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AmortizationOfIntangibleAssets_5DCA27A566C8F8242B6A1073DA62A5FA" xlink:to="lab_us-gaap_AmortizationOfIntangibleAssets_5DCA27A566C8F8242B6A1073DA62A5FA" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_72F3889E08015AF8B5541073DA629294_verboseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_72F3889E08015AF8B5541073DA629294" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Merger and strategic initiatives expense</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_72F3889E08015AF8B5541073DA629294_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_72F3889E08015AF8B5541073DA629294" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Acquisition Related Costs</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_BusinessCombinationAcquisitionRelatedCosts" xlink:label="loc_us-gaap_BusinessCombinationAcquisitionRelatedCosts_72F3889E08015AF8B5541073DA629294" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationAcquisitionRelatedCosts_72F3889E08015AF8B5541073DA629294" xlink:to="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_72F3889E08015AF8B5541073DA629294" xlink:type="arc" />
    <link:label id="lab_ndaq_LossDueToCommoditiesMarketDefaultAllocatedToJuniorCapital_F1D12CE261417D9E29911073DA629212_negatedTerseLabel_en-US" xlink:label="lab_ndaq_LossDueToCommoditiesMarketDefaultAllocatedToJuniorCapital_F1D12CE261417D9E29911073DA629212" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Clearing default</link:label>
    <link:label id="lab_ndaq_LossDueToCommoditiesMarketDefaultAllocatedToJuniorCapital_F1D12CE261417D9E29911073DA629212_label_en-US" xlink:label="lab_ndaq_LossDueToCommoditiesMarketDefaultAllocatedToJuniorCapital_F1D12CE261417D9E29911073DA629212" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loss Due To Commodities Market Default Allocated To Junior Capital</link:label>
    <link:label id="lab_ndaq_LossDueToCommoditiesMarketDefaultAllocatedToJuniorCapital_F1D12CE261417D9E29911073DA629212_documentation_en-US" xlink:label="lab_ndaq_LossDueToCommoditiesMarketDefaultAllocatedToJuniorCapital_F1D12CE261417D9E29911073DA629212" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loss Due To Commodities Market Default Allocated To Junior Capital</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_LossDueToCommoditiesMarketDefaultAllocatedToJuniorCapital" xlink:label="loc_ndaq_LossDueToCommoditiesMarketDefaultAllocatedToJuniorCapital_F1D12CE261417D9E29911073DA629212" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_LossDueToCommoditiesMarketDefaultAllocatedToJuniorCapital_F1D12CE261417D9E29911073DA629212" xlink:to="lab_ndaq_LossDueToCommoditiesMarketDefaultAllocatedToJuniorCapital_F1D12CE261417D9E29911073DA629212" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsOfDebtExtinguishmentCosts_6B8756D81676227C65261073DA63AB61_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsOfDebtExtinguishmentCosts_6B8756D81676227C65261073DA63AB61" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Extinguishment of debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PaymentsOfDebtExtinguishmentCosts" xlink:label="loc_us-gaap_PaymentsOfDebtExtinguishmentCosts_6B8756D81676227C65261073DA63AB61" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsOfDebtExtinguishmentCosts_6B8756D81676227C65261073DA63AB61" xlink:to="lab_us-gaap_PaymentsOfDebtExtinguishmentCosts_6B8756D81676227C65261073DA63AB61" xlink:type="arc" />
    <link:label id="lab_ndaq_RegulatoryOperatingExpense_EC43C0E7398119671B721073DA637E89_verboseLabel_en-US" xlink:label="lab_ndaq_RegulatoryOperatingExpense_EC43C0E7398119671B721073DA637E89" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Regulatory matter</link:label>
    <link:label id="lab_ndaq_RegulatoryOperatingExpense_EC43C0E7398119671B721073DA637E89_label_en-US" xlink:label="lab_ndaq_RegulatoryOperatingExpense_EC43C0E7398119671B721073DA637E89" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Regulatory Operating Expense</link:label>
    <link:label id="lab_ndaq_RegulatoryOperatingExpense_EC43C0E7398119671B721073DA637E89_documentation_en-US" xlink:label="lab_ndaq_RegulatoryOperatingExpense_EC43C0E7398119671B721073DA637E89" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Regulatory expense includes cost incurred during the period associated with regulation of trading activity and the surveillance and investigation functions of Nasdaq.</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_RegulatoryOperatingExpense" xlink:label="loc_ndaq_RegulatoryOperatingExpense_EC43C0E7398119671B721073DA637E89" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_RegulatoryOperatingExpense_EC43C0E7398119671B721073DA637E89" xlink:to="lab_ndaq_RegulatoryOperatingExpense_EC43C0E7398119671B721073DA637E89" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingExpenses_2BEB03E72A540D30DD881073DA637B70_verboseLabel_en-US" xlink:label="lab_us-gaap_OperatingExpenses_2BEB03E72A540D30DD881073DA637B70" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Expenses - divested businesses</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="loc_us-gaap_OperatingExpenses_2BEB03E72A540D30DD881073DA637B70" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingExpenses_2BEB03E72A540D30DD881073DA637B70" xlink:to="lab_us-gaap_OperatingExpenses_2BEB03E72A540D30DD881073DA637B70" xlink:type="arc" />
    <link:label id="lab_us-gaap_LaborAndRelatedExpense_105556744791DE7D962F1073DA63C161_verboseLabel_en-US" xlink:label="lab_us-gaap_LaborAndRelatedExpense_105556744791DE7D962F1073DA63C161" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Executive compensation</link:label>
    <link:label id="lab_us-gaap_LaborAndRelatedExpense_105556744791DE7D962F1073DA63C161_label_en-US" xlink:label="lab_us-gaap_LaborAndRelatedExpense_105556744791DE7D962F1073DA63C161" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Labor and Related Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LaborAndRelatedExpense" xlink:label="loc_us-gaap_LaborAndRelatedExpense_105556744791DE7D962F1073DA63C161" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LaborAndRelatedExpense_105556744791DE7D962F1073DA63C161" xlink:to="lab_us-gaap_LaborAndRelatedExpense_105556744791DE7D962F1073DA63C161" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherGeneralExpense_08ACB0A0944CAB1CBF741073DA649904_terseLabel_en-US" xlink:label="lab_us-gaap_OtherGeneralExpense_08ACB0A0944CAB1CBF741073DA649904" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_us-gaap_OtherGeneralExpense_08ACB0A0944CAB1CBF741073DA649904_label_en-US" xlink:label="lab_us-gaap_OtherGeneralExpense_08ACB0A0944CAB1CBF741073DA649904" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other General Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherGeneralExpense" xlink:label="loc_us-gaap_OtherGeneralExpense_08ACB0A0944CAB1CBF741073DA649904" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherGeneralExpense_08ACB0A0944CAB1CBF741073DA649904" xlink:to="lab_us-gaap_OtherGeneralExpense_08ACB0A0944CAB1CBF741073DA649904" xlink:type="arc" />
    <link:label id="lab_us-gaap_CostsAndExpenses_15C8FAFD6AEB47AF80941073DA64813A_totalLabel_en-US" xlink:label="lab_us-gaap_CostsAndExpenses_15C8FAFD6AEB47AF80941073DA64813A" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total expenses</link:label>
    <link:label id="lab_us-gaap_CostsAndExpenses_15C8FAFD6AEB47AF80941073DA64813A_label_en-US" xlink:label="lab_us-gaap_CostsAndExpenses_15C8FAFD6AEB47AF80941073DA64813A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Costs and Expenses</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CostsAndExpenses" xlink:label="loc_us-gaap_CostsAndExpenses_15C8FAFD6AEB47AF80941073DA64813A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CostsAndExpenses_15C8FAFD6AEB47AF80941073DA64813A" xlink:to="lab_us-gaap_CostsAndExpenses_15C8FAFD6AEB47AF80941073DA64813A" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingIncomeLoss_C96D0973D5B9B2A689BE1073DA64CA0E_totalLabel_en-US" xlink:label="lab_us-gaap_OperatingIncomeLoss_C96D0973D5B9B2A689BE1073DA64CA0E" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Operating income</link:label>
    <link:label id="lab_us-gaap_OperatingIncomeLoss_C96D0973D5B9B2A689BE1073DA64CA0E_label_en-US" xlink:label="lab_us-gaap_OperatingIncomeLoss_C96D0973D5B9B2A689BE1073DA64CA0E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Income (Loss)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingIncomeLoss" xlink:label="loc_us-gaap_OperatingIncomeLoss_C96D0973D5B9B2A689BE1073DA64CA0E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingIncomeLoss_C96D0973D5B9B2A689BE1073DA64CA0E" xlink:to="lab_us-gaap_OperatingIncomeLoss_C96D0973D5B9B2A689BE1073DA64CA0E" xlink:type="arc" />
    <link:label id="lab_us-gaap_DueToAndFromBrokerDealersAndClearingOrganizationsDisclosure_01A66668F5D095E91D87AF472AEBF1BF_terseLabel_en-US" xlink:label="lab_us-gaap_DueToAndFromBrokerDealersAndClearingOrganizationsDisclosure_01A66668F5D095E91D87AF472AEBF1BF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Clearing Operations</link:label>
    <link:label id="lab_us-gaap_DueToAndFromBrokerDealersAndClearingOrganizationsDisclosure_01A66668F5D095E91D87AF472AEBF1BF_label_en-US" xlink:label="lab_us-gaap_DueToAndFromBrokerDealersAndClearingOrganizationsDisclosure_01A66668F5D095E91D87AF472AEBF1BF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Due to and from Broker-Dealers and Clearing Organizations Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DueToAndFromBrokerDealersAndClearingOrganizationsDisclosure" xlink:label="loc_us-gaap_DueToAndFromBrokerDealersAndClearingOrganizationsDisclosure_01A66668F5D095E91D87AF472AEBF1BF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DueToAndFromBrokerDealersAndClearingOrganizationsDisclosure_01A66668F5D095E91D87AF472AEBF1BF" xlink:to="lab_us-gaap_DueToAndFromBrokerDealersAndClearingOrganizationsDisclosure_01A66668F5D095E91D87AF472AEBF1BF" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementOfFinancialPositionAbstract_6124333C98E5900C6A3AC599794C311D_label_en-US" xlink:label="lab_us-gaap_StatementOfFinancialPositionAbstract_6124333C98E5900C6A3AC599794C311D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Financial Position [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="loc_us-gaap_StatementOfFinancialPositionAbstract_6124333C98E5900C6A3AC599794C311D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOfFinancialPositionAbstract_6124333C98E5900C6A3AC599794C311D" xlink:to="lab_us-gaap_StatementOfFinancialPositionAbstract_6124333C98E5900C6A3AC599794C311D" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetsCurrentAbstract_A7955733BF0092113DADC599794FC485_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsCurrentAbstract_A7955733BF0092113DADC599794FC485" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current assets:</link:label>
    <link:label id="lab_us-gaap_AssetsCurrentAbstract_A7955733BF0092113DADC599794FC485_label_en-US" xlink:label="lab_us-gaap_AssetsCurrentAbstract_A7955733BF0092113DADC599794FC485" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets, Current [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AssetsCurrentAbstract" xlink:label="loc_us-gaap_AssetsCurrentAbstract_A7955733BF0092113DADC599794FC485" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsCurrentAbstract_A7955733BF0092113DADC599794FC485" xlink:to="lab_us-gaap_AssetsCurrentAbstract_A7955733BF0092113DADC599794FC485" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestrictedCashCurrent_4F837EB17B4D9EDFCD54C599794F3C45_terseLabel_en-US" xlink:label="lab_us-gaap_RestrictedCashCurrent_4F837EB17B4D9EDFCD54C599794F3C45" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted cash</link:label>
    <link:label id="lab_us-gaap_RestrictedCashCurrent_4F837EB17B4D9EDFCD54C599794F3C45_label_en-US" xlink:label="lab_us-gaap_RestrictedCashCurrent_4F837EB17B4D9EDFCD54C599794F3C45" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted Cash, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RestrictedCashCurrent" xlink:label="loc_us-gaap_RestrictedCashCurrent_4F837EB17B4D9EDFCD54C599794F3C45" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestrictedCashCurrent_4F837EB17B4D9EDFCD54C599794F3C45" xlink:to="lab_us-gaap_RestrictedCashCurrent_4F837EB17B4D9EDFCD54C599794F3C45" xlink:type="arc" />
    <link:label id="lab_us-gaap_MarketableSecuritiesCurrent_3429731653C3A7406833C599795054A3_terseLabel_en-US" xlink:label="lab_us-gaap_MarketableSecuritiesCurrent_3429731653C3A7406833C599795054A3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial investments, at fair value</link:label>
    <link:label id="lab_us-gaap_MarketableSecuritiesCurrent_3429731653C3A7406833C599795054A3_label_en-US" xlink:label="lab_us-gaap_MarketableSecuritiesCurrent_3429731653C3A7406833C599795054A3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Marketable Securities, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_MarketableSecuritiesCurrent" xlink:label="loc_us-gaap_MarketableSecuritiesCurrent_3429731653C3A7406833C599795054A3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MarketableSecuritiesCurrent_3429731653C3A7406833C599795054A3" xlink:to="lab_us-gaap_MarketableSecuritiesCurrent_3429731653C3A7406833C599795054A3" xlink:type="arc" />
    <link:label id="lab_us-gaap_ReceivablesNetCurrent_F1F7DC52C7FA43626D84C5997950EAB7_terseLabel_en-US" xlink:label="lab_us-gaap_ReceivablesNetCurrent_F1F7DC52C7FA43626D84C5997950EAB7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Receivables, net</link:label>
    <link:label id="lab_us-gaap_ReceivablesNetCurrent_F1F7DC52C7FA43626D84C5997950EAB7_label_en-US" xlink:label="lab_us-gaap_ReceivablesNetCurrent_F1F7DC52C7FA43626D84C5997950EAB7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Receivables, Net, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ReceivablesNetCurrent" xlink:label="loc_us-gaap_ReceivablesNetCurrent_F1F7DC52C7FA43626D84C5997950EAB7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ReceivablesNetCurrent_F1F7DC52C7FA43626D84C5997950EAB7" xlink:to="lab_us-gaap_ReceivablesNetCurrent_F1F7DC52C7FA43626D84C5997950EAB7" xlink:type="arc" />
    <link:label id="lab_ndaq_DefaultFundsAndMarginDepositsAssets_30920193276FF1D8087CC599795066E8_terseLabel_en-US" xlink:label="lab_ndaq_DefaultFundsAndMarginDepositsAssets_30920193276FF1D8087CC599795066E8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Default funds and margin deposits</link:label>
    <link:label id="lab_ndaq_DefaultFundsAndMarginDepositsAssets_30920193276FF1D8087CC599795066E8_label_en-US" xlink:label="lab_ndaq_DefaultFundsAndMarginDepositsAssets_30920193276FF1D8087CC599795066E8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Default Funds And Margin Deposits Assets</link:label>
    <link:label id="lab_ndaq_DefaultFundsAndMarginDepositsAssets_30920193276FF1D8087CC599795066E8_documentation_en-US" xlink:label="lab_ndaq_DefaultFundsAndMarginDepositsAssets_30920193276FF1D8087CC599795066E8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Nasdaq Clearing members cash contributions for regulatory capital requirements associated with default fund contributions and margin deposits.</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_DefaultFundsAndMarginDepositsAssets" xlink:label="loc_ndaq_DefaultFundsAndMarginDepositsAssets_30920193276FF1D8087CC599795066E8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_DefaultFundsAndMarginDepositsAssets_30920193276FF1D8087CC599795066E8" xlink:to="lab_ndaq_DefaultFundsAndMarginDepositsAssets_30920193276FF1D8087CC599795066E8" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetsCurrent_570E86EE726F7993BEC9C5997950AB39_totalLabel_en-US" xlink:label="lab_us-gaap_AssetsCurrent_570E86EE726F7993BEC9C5997950AB39" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total current assets</link:label>
    <link:label id="lab_us-gaap_AssetsCurrent_570E86EE726F7993BEC9C5997950AB39_label_en-US" xlink:label="lab_us-gaap_AssetsCurrent_570E86EE726F7993BEC9C5997950AB39" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AssetsCurrent" xlink:label="loc_us-gaap_AssetsCurrent_570E86EE726F7993BEC9C5997950AB39" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsCurrent_570E86EE726F7993BEC9C5997950AB39" xlink:to="lab_us-gaap_AssetsCurrent_570E86EE726F7993BEC9C5997950AB39" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_69F5EA2E6600188370D4C5997951BB11_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_69F5EA2E6600188370D4C5997951BB11" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property and equipment, net</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_69F5EA2E6600188370D4C5997951BB11_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_69F5EA2E6600188370D4C5997951BB11" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNet_69F5EA2E6600188370D4C5997951BB11" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentNet_69F5EA2E6600188370D4C5997951BB11" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentNet_69F5EA2E6600188370D4C5997951BB11" xlink:type="arc" />
    <link:label id="lab_us-gaap_Goodwill_1C752E34DD8940A1FFBFC5997951D0E5_terseLabel_en-US" xlink:label="lab_us-gaap_Goodwill_1C752E34DD8940A1FFBFC5997951D0E5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goodwill</link:label>
    <link:label id="lab_us-gaap_Goodwill_1C752E34DD8940A1FFBFC5997951D0E5_label_en-US" xlink:label="lab_us-gaap_Goodwill_1C752E34DD8940A1FFBFC5997951D0E5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_Goodwill" xlink:label="loc_us-gaap_Goodwill_1C752E34DD8940A1FFBFC5997951D0E5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Goodwill_1C752E34DD8940A1FFBFC5997951D0E5" xlink:to="lab_us-gaap_Goodwill_1C752E34DD8940A1FFBFC5997951D0E5" xlink:type="arc" />
    <link:label id="lab_us-gaap_LiabilitiesCurrentAbstract_261D5AC8271B22CD896EC59979576171_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesCurrentAbstract_261D5AC8271B22CD896EC59979576171" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current liabilities:</link:label>
    <link:label id="lab_us-gaap_LiabilitiesCurrentAbstract_261D5AC8271B22CD896EC59979576171_label_en-US" xlink:label="lab_us-gaap_LiabilitiesCurrentAbstract_261D5AC8271B22CD896EC59979576171" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities, Current [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LiabilitiesCurrentAbstract" xlink:label="loc_us-gaap_LiabilitiesCurrentAbstract_261D5AC8271B22CD896EC59979576171" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesCurrentAbstract_261D5AC8271B22CD896EC59979576171" xlink:to="lab_us-gaap_LiabilitiesCurrentAbstract_261D5AC8271B22CD896EC59979576171" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent_71436DF7FDDEC90672D8C5997957F406_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent_71436DF7FDDEC90672D8C5997957F406" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts payable and accrued expenses</link:label>
    <link:label id="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent_71436DF7FDDEC90672D8C5997957F406_label_en-US" xlink:label="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent_71436DF7FDDEC90672D8C5997957F406" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts Payable and Accrued Liabilities, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent" xlink:label="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent_71436DF7FDDEC90672D8C5997957F406" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent_71436DF7FDDEC90672D8C5997957F406" xlink:to="lab_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent_71436DF7FDDEC90672D8C5997957F406" xlink:type="arc" />
    <link:label id="lab_ndaq_SectionThirtyOneFeesPayable_4992E067F394CCD42739C599795756DE_terseLabel_en-US" xlink:label="lab_ndaq_SectionThirtyOneFeesPayable_4992E067F394CCD42739C599795756DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Section 31 fees payable to SEC</link:label>
    <link:label id="lab_ndaq_SectionThirtyOneFeesPayable_4992E067F394CCD42739C599795756DE_label_en-US" xlink:label="lab_ndaq_SectionThirtyOneFeesPayable_4992E067F394CCD42739C599795756DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Section Thirty One Fees Payable</link:label>
    <link:label id="lab_ndaq_SectionThirtyOneFeesPayable_4992E067F394CCD42739C599795756DE_documentation_en-US" xlink:label="lab_ndaq_SectionThirtyOneFeesPayable_4992E067F394CCD42739C599795756DE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Section Thirty One Fees Payable</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_SectionThirtyOneFeesPayable" xlink:label="loc_ndaq_SectionThirtyOneFeesPayable_4992E067F394CCD42739C599795756DE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_SectionThirtyOneFeesPayable_4992E067F394CCD42739C599795756DE" xlink:to="lab_ndaq_SectionThirtyOneFeesPayable_4992E067F394CCD42739C599795756DE" xlink:type="arc" />
    <link:label id="lab_us-gaap_EmployeeRelatedLiabilitiesCurrent_DAB99BB8215202E0432FC5997958BB52_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeRelatedLiabilitiesCurrent_DAB99BB8215202E0432FC5997958BB52" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accrued personnel costs</link:label>
    <link:label id="lab_us-gaap_EmployeeRelatedLiabilitiesCurrent_DAB99BB8215202E0432FC5997958BB52_label_en-US" xlink:label="lab_us-gaap_EmployeeRelatedLiabilitiesCurrent_DAB99BB8215202E0432FC5997958BB52" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee-related Liabilities, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EmployeeRelatedLiabilitiesCurrent" xlink:label="loc_us-gaap_EmployeeRelatedLiabilitiesCurrent_DAB99BB8215202E0432FC5997958BB52" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeRelatedLiabilitiesCurrent_DAB99BB8215202E0432FC5997958BB52" xlink:to="lab_us-gaap_EmployeeRelatedLiabilitiesCurrent_DAB99BB8215202E0432FC5997958BB52" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherLiabilitiesCurrent_A9B9F164A970E5F49DF4C5997958E55B_terseLabel_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesCurrent_A9B9F164A970E5F49DF4C5997958E55B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other current liabilities</link:label>
    <link:label id="lab_us-gaap_OtherLiabilitiesCurrent_A9B9F164A970E5F49DF4C5997958E55B_label_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesCurrent_A9B9F164A970E5F49DF4C5997958E55B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Liabilities, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherLiabilitiesCurrent" xlink:label="loc_us-gaap_OtherLiabilitiesCurrent_A9B9F164A970E5F49DF4C5997958E55B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherLiabilitiesCurrent_A9B9F164A970E5F49DF4C5997958E55B" xlink:to="lab_us-gaap_OtherLiabilitiesCurrent_A9B9F164A970E5F49DF4C5997958E55B" xlink:type="arc" />
    <link:label id="lab_ndaq_DefaultFundsAndMarginDepositsLiabilities_080781A8C4DF138644B7C5997958B544_terseLabel_en-US" xlink:label="lab_ndaq_DefaultFundsAndMarginDepositsLiabilities_080781A8C4DF138644B7C5997958B544" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Default funds and margin deposits</link:label>
    <link:label id="lab_ndaq_DefaultFundsAndMarginDepositsLiabilities_080781A8C4DF138644B7C5997958B544_label_en-US" xlink:label="lab_ndaq_DefaultFundsAndMarginDepositsLiabilities_080781A8C4DF138644B7C5997958B544" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Default Funds And Margin Deposits Liabilities</link:label>
    <link:label id="lab_ndaq_DefaultFundsAndMarginDepositsLiabilities_080781A8C4DF138644B7C5997958B544_documentation_en-US" xlink:label="lab_ndaq_DefaultFundsAndMarginDepositsLiabilities_080781A8C4DF138644B7C5997958B544" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Nasdaq Clearing members cash contributions for regulatory capital requirements associated with default fund contributions and margin deposits.</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_DefaultFundsAndMarginDepositsLiabilities" xlink:label="loc_ndaq_DefaultFundsAndMarginDepositsLiabilities_080781A8C4DF138644B7C5997958B544" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_DefaultFundsAndMarginDepositsLiabilities_080781A8C4DF138644B7C5997958B544" xlink:to="lab_ndaq_DefaultFundsAndMarginDepositsLiabilities_080781A8C4DF138644B7C5997958B544" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtCurrent_536F14DDF3BA7D3CC73DC59979584A86_terseLabel_en-US" xlink:label="lab_us-gaap_DebtCurrent_536F14DDF3BA7D3CC73DC59979584A86" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Short-term debt</link:label>
    <link:label id="lab_us-gaap_DebtCurrent_536F14DDF3BA7D3CC73DC59979584A86_label_en-US" xlink:label="lab_us-gaap_DebtCurrent_536F14DDF3BA7D3CC73DC59979584A86" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DebtCurrent" xlink:label="loc_us-gaap_DebtCurrent_536F14DDF3BA7D3CC73DC59979584A86" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtCurrent_536F14DDF3BA7D3CC73DC59979584A86" xlink:to="lab_us-gaap_DebtCurrent_536F14DDF3BA7D3CC73DC59979584A86" xlink:type="arc" />
    <link:label id="lab_us-gaap_LiabilitiesCurrent_0F3A1F28724BC4B7538BC599795821EB_totalLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesCurrent_0F3A1F28724BC4B7538BC599795821EB" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total current liabilities</link:label>
    <link:label id="lab_us-gaap_LiabilitiesCurrent_0F3A1F28724BC4B7538BC599795821EB_label_en-US" xlink:label="lab_us-gaap_LiabilitiesCurrent_0F3A1F28724BC4B7538BC599795821EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LiabilitiesCurrent" xlink:label="loc_us-gaap_LiabilitiesCurrent_0F3A1F28724BC4B7538BC599795821EB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesCurrent_0F3A1F28724BC4B7538BC599795821EB" xlink:to="lab_us-gaap_LiabilitiesCurrent_0F3A1F28724BC4B7538BC599795821EB" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebtNoncurrent_AF517828CD1B7BC4A7BCC59979597C3C_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtNoncurrent_AF517828CD1B7BC4A7BCC59979597C3C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term debt</link:label>
    <link:label id="lab_us-gaap_LongTermDebtNoncurrent_AF517828CD1B7BC4A7BCC59979597C3C_label_en-US" xlink:label="lab_us-gaap_LongTermDebtNoncurrent_AF517828CD1B7BC4A7BCC59979597C3C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Excluding Current Maturities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="loc_us-gaap_LongTermDebtNoncurrent_AF517828CD1B7BC4A7BCC59979597C3C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtNoncurrent_AF517828CD1B7BC4A7BCC59979597C3C" xlink:to="lab_us-gaap_LongTermDebtNoncurrent_AF517828CD1B7BC4A7BCC59979597C3C" xlink:type="arc" />
    <link:label id="lab_us-gaap_DeferredIncomeTaxLiabilitiesNet_850F32073775E7328CCCC59979592FFB_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredIncomeTaxLiabilitiesNet_850F32073775E7328CCCC59979592FFB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred tax liabilities, net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilitiesNet" xlink:label="loc_us-gaap_DeferredIncomeTaxLiabilitiesNet_850F32073775E7328CCCC59979592FFB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredIncomeTaxLiabilitiesNet_850F32073775E7328CCCC59979592FFB" xlink:to="lab_us-gaap_DeferredIncomeTaxLiabilitiesNet_850F32073775E7328CCCC59979592FFB" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherLiabilitiesNoncurrent_6168808416431774C47EC59979599F0C_terseLabel_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesNoncurrent_6168808416431774C47EC59979599F0C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other non-current liabilities</link:label>
    <link:label id="lab_us-gaap_OtherLiabilitiesNoncurrent_6168808416431774C47EC59979599F0C_label_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesNoncurrent_6168808416431774C47EC59979599F0C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Liabilities, Noncurrent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherLiabilitiesNoncurrent" xlink:label="loc_us-gaap_OtherLiabilitiesNoncurrent_6168808416431774C47EC59979599F0C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherLiabilitiesNoncurrent_6168808416431774C47EC59979599F0C" xlink:to="lab_us-gaap_OtherLiabilitiesNoncurrent_6168808416431774C47EC59979599F0C" xlink:type="arc" />
    <link:label id="lab_us-gaap_Liabilities_3EBCB08238C58C1CC12BC5997959B1B1_totalLabel_en-US" xlink:label="lab_us-gaap_Liabilities_3EBCB08238C58C1CC12BC5997959B1B1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_Liabilities" xlink:label="loc_us-gaap_Liabilities_3EBCB08238C58C1CC12BC5997959B1B1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Liabilities_3EBCB08238C58C1CC12BC5997959B1B1" xlink:to="lab_us-gaap_Liabilities_3EBCB08238C58C1CC12BC5997959B1B1" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommitmentsAndContingencies_38A5C014A1358167A567C5997959BAD1_terseLabel_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingencies_38A5C014A1358167A567C5997959BAD1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commitments and contingencies</link:label>
    <link:label id="lab_us-gaap_CommitmentsAndContingencies_38A5C014A1358167A567C5997959BAD1_label_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingencies_38A5C014A1358167A567C5997959BAD1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CommitmentsAndContingencies" xlink:label="loc_us-gaap_CommitmentsAndContingencies_38A5C014A1358167A567C5997959BAD1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommitmentsAndContingencies_38A5C014A1358167A567C5997959BAD1" xlink:to="lab_us-gaap_CommitmentsAndContingencies_38A5C014A1358167A567C5997959BAD1" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_005D0F7CDEB65FC76435C599795A87CF_terseLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_005D0F7CDEB65FC76435C599795A87CF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity</link:label>
    <link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_005D0F7CDEB65FC76435C599795A87CF_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_005D0F7CDEB65FC76435C599795A87CF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_005D0F7CDEB65FC76435C599795A87CF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_005D0F7CDEB65FC76435C599795A87CF" xlink:to="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_005D0F7CDEB65FC76435C599795A87CF" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockValue_F86205D8C89A7C0BF6C4C599795AA440_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockValue_F86205D8C89A7C0BF6C4C599795AA440" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, $0.01 par value, 300,000,000 shares authorized, shares issued: 170,709,425 at December 31, 2018 and 172,373,432 at December 31, 2017; shares outstanding: 165,165,104 at December 31, 2018 and 167,441,030 at December 31, 2017</link:label>
    <link:label id="lab_us-gaap_CommonStockValue_F86205D8C89A7C0BF6C4C599795AA440_label_en-US" xlink:label="lab_us-gaap_CommonStockValue_F86205D8C89A7C0BF6C4C599795AA440" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Value, Issued</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CommonStockValue" xlink:label="loc_us-gaap_CommonStockValue_F86205D8C89A7C0BF6C4C599795AA440" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockValue_F86205D8C89A7C0BF6C4C599795AA440" xlink:to="lab_us-gaap_CommonStockValue_F86205D8C89A7C0BF6C4C599795AA440" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdditionalPaidInCapital_0B64B43F8A7C212DF51AC599795A8E49_terseLabel_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapital_0B64B43F8A7C212DF51AC599795A8E49" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional paid-in capital</link:label>
    <link:label id="lab_us-gaap_AdditionalPaidInCapital_0B64B43F8A7C212DF51AC599795A8E49_label_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapital_0B64B43F8A7C212DF51AC599795A8E49" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additional Paid in Capital</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AdditionalPaidInCapital" xlink:label="loc_us-gaap_AdditionalPaidInCapital_0B64B43F8A7C212DF51AC599795A8E49" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdditionalPaidInCapital_0B64B43F8A7C212DF51AC599795A8E49" xlink:to="lab_us-gaap_AdditionalPaidInCapital_0B64B43F8A7C212DF51AC599795A8E49" xlink:type="arc" />
    <link:label id="lab_us-gaap_TreasuryStockValue_80ECAA4F9F5C8905BCE9C599795B4860_negatedLabel_en-US" xlink:label="lab_us-gaap_TreasuryStockValue_80ECAA4F9F5C8905BCE9C599795B4860" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Common stock in treasury, at cost: 5,544,321 shares at December 31, 2018 and 4,932,402 shares at December 31, 2017</link:label>
    <link:label id="lab_us-gaap_TreasuryStockValue_80ECAA4F9F5C8905BCE9C599795B4860_label_en-US" xlink:label="lab_us-gaap_TreasuryStockValue_80ECAA4F9F5C8905BCE9C599795B4860" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Treasury Stock, Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_TreasuryStockValue" xlink:label="loc_us-gaap_TreasuryStockValue_80ECAA4F9F5C8905BCE9C599795B4860" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TreasuryStockValue_80ECAA4F9F5C8905BCE9C599795B4860" xlink:to="lab_us-gaap_TreasuryStockValue_80ECAA4F9F5C8905BCE9C599795B4860" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_0F3B06F25C6C7EE3F416C599795B4BD3_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_0F3B06F25C6C7EE3F416C599795B4BD3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated other comprehensive loss</link:label>
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_0F3B06F25C6C7EE3F416C599795B4BD3_label_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_0F3B06F25C6C7EE3F416C599795B4BD3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Other Comprehensive Income (Loss), Net of Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_0F3B06F25C6C7EE3F416C599795B4BD3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_0F3B06F25C6C7EE3F416C599795B4BD3" xlink:to="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_0F3B06F25C6C7EE3F416C599795B4BD3" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquity_B13ED6F386C94F4A3FCFC599795BE1CC_totalLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquity_B13ED6F386C94F4A3FCFC599795BE1CC" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total Nasdaq stockholders&#8217; equity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaap_StockholdersEquity_B13ED6F386C94F4A3FCFC599795BE1CC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquity_B13ED6F386C94F4A3FCFC599795BE1CC" xlink:to="lab_us-gaap_StockholdersEquity_B13ED6F386C94F4A3FCFC599795BE1CC" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock_3295146EDBCAE37AAF809FC25029E120_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock_3295146EDBCAE37AAF809FC25029E120" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property and Equipment, net</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock_3295146EDBCAE37AAF809FC25029E120_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock_3295146EDBCAE37AAF809FC25029E120" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock_3295146EDBCAE37AAF809FC25029E120" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock_3295146EDBCAE37AAF809FC25029E120" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock_3295146EDBCAE37AAF809FC25029E120" xlink:type="arc" />
    <link:label id="lab_ndaq_LiabilityWaterfallMember_072D403E00E24635D6E30DB09E8A434E_terseLabel_en-US" xlink:label="lab_ndaq_LiabilityWaterfallMember_072D403E00E24635D6E30DB09E8A434E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liability Waterfall</link:label>
    <link:label id="lab_ndaq_LiabilityWaterfallMember_072D403E00E24635D6E30DB09E8A434E_label_en-US" xlink:label="lab_ndaq_LiabilityWaterfallMember_072D403E00E24635D6E30DB09E8A434E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liability Waterfall [Member]</link:label>
    <link:label id="lab_ndaq_LiabilityWaterfallMember_072D403E00E24635D6E30DB09E8A434E_documentation_en-US" xlink:label="lab_ndaq_LiabilityWaterfallMember_072D403E00E24635D6E30DB09E8A434E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Liability Waterfall [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_LiabilityWaterfallMember" xlink:label="loc_ndaq_LiabilityWaterfallMember_072D403E00E24635D6E30DB09E8A434E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_LiabilityWaterfallMember_072D403E00E24635D6E30DB09E8A434E" xlink:to="lab_ndaq_LiabilityWaterfallMember_072D403E00E24635D6E30DB09E8A434E" xlink:type="arc" />
    <link:label id="lab_ndaq_ExpenseRelatedToClearingDefault_62C5921424AD134488980DB09E8C81B1_terseLabel_en-US" xlink:label="lab_ndaq_ExpenseRelatedToClearingDefault_62C5921424AD134488980DB09E8C81B1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expenses related to clearing default</link:label>
    <link:label id="lab_ndaq_ExpenseRelatedToClearingDefault_62C5921424AD134488980DB09E8C81B1_label_en-US" xlink:label="lab_ndaq_ExpenseRelatedToClearingDefault_62C5921424AD134488980DB09E8C81B1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expense Related To Clearing Default</link:label>
    <link:label id="lab_ndaq_ExpenseRelatedToClearingDefault_62C5921424AD134488980DB09E8C81B1_documentation_en-US" xlink:label="lab_ndaq_ExpenseRelatedToClearingDefault_62C5921424AD134488980DB09E8C81B1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Expense Related To Clearing Default</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ExpenseRelatedToClearingDefault" xlink:label="loc_ndaq_ExpenseRelatedToClearingDefault_62C5921424AD134488980DB09E8C81B1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ExpenseRelatedToClearingDefault_62C5921424AD134488980DB09E8C81B1" xlink:to="lab_ndaq_ExpenseRelatedToClearingDefault_62C5921424AD134488980DB09E8C81B1" xlink:type="arc" />
    <link:label id="lab_ndaq_LossDueToCommoditiesMarketDefaultAllocatedToJuniorCapital_C79BAE1B904475E308530DB09E8CB3FA_negatedLabel_en-US" xlink:label="lab_ndaq_LossDueToCommoditiesMarketDefaultAllocatedToJuniorCapital_C79BAE1B904475E308530DB09E8CB3FA" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Loss due to commodities market default allocated to junior capital</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_LossDueToCommoditiesMarketDefaultAllocatedToJuniorCapital" xlink:label="loc_ndaq_LossDueToCommoditiesMarketDefaultAllocatedToJuniorCapital_C79BAE1B904475E308530DB09E8CB3FA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_LossDueToCommoditiesMarketDefaultAllocatedToJuniorCapital_C79BAE1B904475E308530DB09E8CB3FA" xlink:to="lab_ndaq_LossDueToCommoditiesMarketDefaultAllocatedToJuniorCapital_C79BAE1B904475E308530DB09E8CB3FA" xlink:type="arc" />
    <link:label id="lab_ndaq_IncreaseDecreaseInAssets_CC88956DBD1278BC840D0DB09E8C89AE_terseLabel_en-US" xlink:label="lab_ndaq_IncreaseDecreaseInAssets_CC88956DBD1278BC840D0DB09E8C89AE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase decrease in total assets</link:label>
    <link:label id="lab_ndaq_IncreaseDecreaseInAssets_CC88956DBD1278BC840D0DB09E8C89AE_label_en-US" xlink:label="lab_ndaq_IncreaseDecreaseInAssets_CC88956DBD1278BC840D0DB09E8C89AE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) In Assets</link:label>
    <link:label id="lab_ndaq_IncreaseDecreaseInAssets_CC88956DBD1278BC840D0DB09E8C89AE_documentation_en-US" xlink:label="lab_ndaq_IncreaseDecreaseInAssets_CC88956DBD1278BC840D0DB09E8C89AE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Assets</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_IncreaseDecreaseInAssets" xlink:label="loc_ndaq_IncreaseDecreaseInAssets_CC88956DBD1278BC840D0DB09E8C89AE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_IncreaseDecreaseInAssets_CC88956DBD1278BC840D0DB09E8C89AE" xlink:to="lab_ndaq_IncreaseDecreaseInAssets_CC88956DBD1278BC840D0DB09E8C89AE" xlink:type="arc" />
    <link:label id="lab_ndaq_CapitalReliefProgramExpense_FB2DB9A32003C8DE8ABB0DB09E8CA1E4_terseLabel_en-US" xlink:label="lab_ndaq_CapitalReliefProgramExpense_FB2DB9A32003C8DE8ABB0DB09E8CA1E4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital relief program expense</link:label>
    <link:label id="lab_ndaq_CapitalReliefProgramExpense_FB2DB9A32003C8DE8ABB0DB09E8CA1E4_label_en-US" xlink:label="lab_ndaq_CapitalReliefProgramExpense_FB2DB9A32003C8DE8ABB0DB09E8CA1E4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Relief Program Expense</link:label>
    <link:label id="lab_ndaq_CapitalReliefProgramExpense_FB2DB9A32003C8DE8ABB0DB09E8CA1E4_documentation_en-US" xlink:label="lab_ndaq_CapitalReliefProgramExpense_FB2DB9A32003C8DE8ABB0DB09E8CA1E4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Capital Relief Program Expense</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_CapitalReliefProgramExpense" xlink:label="loc_ndaq_CapitalReliefProgramExpense_FB2DB9A32003C8DE8ABB0DB09E8CA1E4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_CapitalReliefProgramExpense_FB2DB9A32003C8DE8ABB0DB09E8CA1E4" xlink:to="lab_ndaq_CapitalReliefProgramExpense_FB2DB9A32003C8DE8ABB0DB09E8CA1E4" xlink:type="arc" />
    <link:label id="lab_us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock_21D9DF708FEDED49FF0DAF472CC78A08_terseLabel_en-US" xlink:label="lab_us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock_21D9DF708FEDED49FF0DAF472CC78A08" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retirement Plans</link:label>
    <link:label id="lab_us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock_21D9DF708FEDED49FF0DAF472CC78A08_label_en-US" xlink:label="lab_us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock_21D9DF708FEDED49FF0DAF472CC78A08" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Pension and Other Postretirement Benefits Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock" xlink:label="loc_us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock_21D9DF708FEDED49FF0DAF472CC78A08" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock_21D9DF708FEDED49FF0DAF472CC78A08" xlink:to="lab_us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock_21D9DF708FEDED49FF0DAF472CC78A08" xlink:type="arc" />
    <link:label id="lab_dei_LegalEntityAxis_B5357359F84E53DB53840DB09F439CEC_terseLabel_en-US" xlink:label="lab_dei_LegalEntityAxis_B5357359F84E53DB53840DB09F439CEC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Legal Entity [Axis]</link:label>
    <link:label id="lab_dei_LegalEntityAxis_B5357359F84E53DB53840DB09F439CEC_label_en-US" xlink:label="lab_dei_LegalEntityAxis_B5357359F84E53DB53840DB09F439CEC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Legal Entity [Axis]</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_LegalEntityAxis" xlink:label="loc_dei_LegalEntityAxis_B5357359F84E53DB53840DB09F439CEC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_LegalEntityAxis_B5357359F84E53DB53840DB09F439CEC" xlink:to="lab_dei_LegalEntityAxis_B5357359F84E53DB53840DB09F439CEC" xlink:type="arc" />
    <link:label id="lab_dei_EntityDomain_E500E9CEA5869BF395340DB09F43CD86_terseLabel_en-US" xlink:label="lab_dei_EntityDomain_E500E9CEA5869BF395340DB09F43CD86" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity [Domain]</link:label>
    <link:label id="lab_dei_EntityDomain_E500E9CEA5869BF395340DB09F43CD86_label_en-US" xlink:label="lab_dei_EntityDomain_E500E9CEA5869BF395340DB09F43CD86" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity [Domain]</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_EntityDomain" xlink:label="loc_dei_EntityDomain_E500E9CEA5869BF395340DB09F43CD86" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityDomain_E500E9CEA5869BF395340DB09F43CD86" xlink:to="lab_dei_EntityDomain_E500E9CEA5869BF395340DB09F43CD86" xlink:type="arc" />
    <link:label id="lab_ndaq_NasdaqClearingOperationsMember_A3647D6B5FD32243D1C50DB09F46A00B_terseLabel_en-US" xlink:label="lab_ndaq_NasdaqClearingOperationsMember_A3647D6B5FD32243D1C50DB09F46A00B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Nasdaq Clearing</link:label>
    <link:label id="lab_ndaq_NasdaqClearingOperationsMember_A3647D6B5FD32243D1C50DB09F46A00B_label_en-US" xlink:label="lab_ndaq_NasdaqClearingOperationsMember_A3647D6B5FD32243D1C50DB09F46A00B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Nasdaq Clearing Operations [Member]</link:label>
    <link:label id="lab_ndaq_NasdaqClearingOperationsMember_A3647D6B5FD32243D1C50DB09F46A00B_documentation_en-US" xlink:label="lab_ndaq_NasdaqClearingOperationsMember_A3647D6B5FD32243D1C50DB09F46A00B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Nasdaq Clearing Operations [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_NasdaqClearingOperationsMember" xlink:label="loc_ndaq_NasdaqClearingOperationsMember_A3647D6B5FD32243D1C50DB09F46A00B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_NasdaqClearingOperationsMember_A3647D6B5FD32243D1C50DB09F46A00B" xlink:to="lab_ndaq_NasdaqClearingOperationsMember_A3647D6B5FD32243D1C50DB09F46A00B" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentTypeAxis_F2D8DDCEAB7939EA939C0DB09F46C4A4_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentTypeAxis_F2D8DDCEAB7939EA939C0DB09F46C4A4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment Type [Axis]</link:label>
    <link:label id="lab_us-gaap_InvestmentTypeAxis_F2D8DDCEAB7939EA939C0DB09F46C4A4_label_en-US" xlink:label="lab_us-gaap_InvestmentTypeAxis_F2D8DDCEAB7939EA939C0DB09F46C4A4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InvestmentTypeAxis" xlink:label="loc_us-gaap_InvestmentTypeAxis_F2D8DDCEAB7939EA939C0DB09F46C4A4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentTypeAxis_F2D8DDCEAB7939EA939C0DB09F46C4A4" xlink:to="lab_us-gaap_InvestmentTypeAxis_F2D8DDCEAB7939EA939C0DB09F46C4A4" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentTypeCategorizationMember_A8E312EA56BB7FA25BB20DB09F46C9A5_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentTypeCategorizationMember_A8E312EA56BB7FA25BB20DB09F46C9A5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments [Domain]</link:label>
    <link:label id="lab_us-gaap_InvestmentTypeCategorizationMember_A8E312EA56BB7FA25BB20DB09F46C9A5_label_en-US" xlink:label="lab_us-gaap_InvestmentTypeCategorizationMember_A8E312EA56BB7FA25BB20DB09F46C9A5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InvestmentTypeCategorizationMember" xlink:label="loc_us-gaap_InvestmentTypeCategorizationMember_A8E312EA56BB7FA25BB20DB09F46C9A5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentTypeCategorizationMember_A8E312EA56BB7FA25BB20DB09F46C9A5" xlink:to="lab_us-gaap_InvestmentTypeCategorizationMember_A8E312EA56BB7FA25BB20DB09F46C9A5" xlink:type="arc" />
    <link:label id="lab_us-gaap_RepurchaseAgreementsMember_4027E0A678EF389E357C0DB09F48F03F_terseLabel_en-US" xlink:label="lab_us-gaap_RepurchaseAgreementsMember_4027E0A678EF389E357C0DB09F48F03F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reverse Repurchase Agreements</link:label>
    <link:label id="lab_us-gaap_RepurchaseAgreementsMember_4027E0A678EF389E357C0DB09F48F03F_label_en-US" xlink:label="lab_us-gaap_RepurchaseAgreementsMember_4027E0A678EF389E357C0DB09F48F03F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Repurchase Agreements [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RepurchaseAgreementsMember" xlink:label="loc_us-gaap_RepurchaseAgreementsMember_4027E0A678EF389E357C0DB09F48F03F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RepurchaseAgreementsMember_4027E0A678EF389E357C0DB09F48F03F" xlink:to="lab_us-gaap_RepurchaseAgreementsMember_4027E0A678EF389E357C0DB09F48F03F" xlink:type="arc" />
    <link:label id="lab_ndaq_DefaultfundcontributioncapitalresourcesavailableMember_75527FCA69A8798C5B400DB09F48D264_terseLabel_en-US" xlink:label="lab_ndaq_DefaultfundcontributioncapitalresourcesavailableMember_75527FCA69A8798C5B400DB09F48D264" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Utilize as capital resources</link:label>
    <link:label id="lab_ndaq_DefaultfundcontributioncapitalresourcesavailableMember_75527FCA69A8798C5B400DB09F48D264_label_en-US" xlink:label="lab_ndaq_DefaultfundcontributioncapitalresourcesavailableMember_75527FCA69A8798C5B400DB09F48D264" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Default fund contribution capital resources available [Member]</link:label>
    <link:label id="lab_ndaq_DefaultfundcontributioncapitalresourcesavailableMember_75527FCA69A8798C5B400DB09F48D264_documentation_en-US" xlink:label="lab_ndaq_DefaultfundcontributioncapitalresourcesavailableMember_75527FCA69A8798C5B400DB09F48D264" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Default fund contribution capital resources available [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_DefaultfundcontributioncapitalresourcesavailableMember" xlink:label="loc_ndaq_DefaultfundcontributioncapitalresourcesavailableMember_75527FCA69A8798C5B400DB09F48D264" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_DefaultfundcontributioncapitalresourcesavailableMember_75527FCA69A8798C5B400DB09F48D264" xlink:to="lab_ndaq_DefaultfundcontributioncapitalresourcesavailableMember_75527FCA69A8798C5B400DB09F48D264" xlink:type="arc" />
    <link:label id="lab_ndaq_DefaultfundcontributionmemberpostedsurplusbalanceMember_E918DE5003070A6D9F450DB09F488FD7_terseLabel_en-US" xlink:label="lab_ndaq_DefaultfundcontributionmemberpostedsurplusbalanceMember_E918DE5003070A6D9F450DB09F488FD7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Utilize as member posted surplus balance</link:label>
    <link:label id="lab_ndaq_DefaultfundcontributionmemberpostedsurplusbalanceMember_E918DE5003070A6D9F450DB09F488FD7_label_en-US" xlink:label="lab_ndaq_DefaultfundcontributionmemberpostedsurplusbalanceMember_E918DE5003070A6D9F450DB09F488FD7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Default fund contribution member posted surplus balance [Member]</link:label>
    <link:label id="lab_ndaq_DefaultfundcontributionmemberpostedsurplusbalanceMember_E918DE5003070A6D9F450DB09F488FD7_documentation_en-US" xlink:label="lab_ndaq_DefaultfundcontributionmemberpostedsurplusbalanceMember_E918DE5003070A6D9F450DB09F488FD7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Default fund contribution member posted surplus balance [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_DefaultfundcontributionmemberpostedsurplusbalanceMember" xlink:label="loc_ndaq_DefaultfundcontributionmemberpostedsurplusbalanceMember_E918DE5003070A6D9F450DB09F488FD7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_DefaultfundcontributionmemberpostedsurplusbalanceMember_E918DE5003070A6D9F450DB09F488FD7" xlink:to="lab_ndaq_DefaultfundcontributionmemberpostedsurplusbalanceMember_E918DE5003070A6D9F450DB09F488FD7" xlink:type="arc" />
    <link:label id="lab_ndaq_NumberOfMemberSponsoredDefaultFunds_D8750506644C904B4D720DB09F4B6E8F_terseLabel_en-US" xlink:label="lab_ndaq_NumberOfMemberSponsoredDefaultFunds_D8750506644C904B4D720DB09F4B6E8F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of member sponsored default funds</link:label>
    <link:label id="lab_ndaq_NumberOfMemberSponsoredDefaultFunds_D8750506644C904B4D720DB09F4B6E8F_label_en-US" xlink:label="lab_ndaq_NumberOfMemberSponsoredDefaultFunds_D8750506644C904B4D720DB09F4B6E8F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of member sponsored default funds</link:label>
    <link:label id="lab_ndaq_NumberOfMemberSponsoredDefaultFunds_D8750506644C904B4D720DB09F4B6E8F_documentation_en-US" xlink:label="lab_ndaq_NumberOfMemberSponsoredDefaultFunds_D8750506644C904B4D720DB09F4B6E8F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of member sponsored default funds</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_NumberOfMemberSponsoredDefaultFunds" xlink:label="loc_ndaq_NumberOfMemberSponsoredDefaultFunds_D8750506644C904B4D720DB09F4B6E8F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_NumberOfMemberSponsoredDefaultFunds_D8750506644C904B4D720DB09F4B6E8F" xlink:to="lab_ndaq_NumberOfMemberSponsoredDefaultFunds_D8750506644C904B4D720DB09F4B6E8F" xlink:type="arc" />
    <link:label id="lab_ndaq_GainLossDueToCommoditiesMarketDefault_EFF4D796F121370D46310DB09F4B6E4B_negatedTerseLabel_en-US" xlink:label="lab_ndaq_GainLossDueToCommoditiesMarketDefault_EFF4D796F121370D46310DB09F4B6E4B" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Loss due to commodities market default</link:label>
    <link:label id="lab_ndaq_GainLossDueToCommoditiesMarketDefault_EFF4D796F121370D46310DB09F4B6E4B_label_en-US" xlink:label="lab_ndaq_GainLossDueToCommoditiesMarketDefault_EFF4D796F121370D46310DB09F4B6E4B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (Loss) Due To Commodities Market Default</link:label>
    <link:label id="lab_ndaq_GainLossDueToCommoditiesMarketDefault_EFF4D796F121370D46310DB09F4B6E4B_documentation_en-US" xlink:label="lab_ndaq_GainLossDueToCommoditiesMarketDefault_EFF4D796F121370D46310DB09F4B6E4B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Gain (Loss) Due To Commodities Market Default</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_GainLossDueToCommoditiesMarketDefault" xlink:label="loc_ndaq_GainLossDueToCommoditiesMarketDefault_EFF4D796F121370D46310DB09F4B6E4B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_GainLossDueToCommoditiesMarketDefault_EFF4D796F121370D46310DB09F4B6E4B" xlink:to="lab_ndaq_GainLossDueToCommoditiesMarketDefault_EFF4D796F121370D46310DB09F4B6E4B" xlink:type="arc" />
    <link:label id="lab_ndaq_IncreaseDecreaseToCommoditiesMarketToJuniorCapital_79557EAA1CB5C2BD09410DB09F4BE4B8_terseLabel_en-US" xlink:label="lab_ndaq_IncreaseDecreaseToCommoditiesMarketToJuniorCapital_79557EAA1CB5C2BD09410DB09F4BE4B8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase to commodities market to junior capital</link:label>
    <link:label id="lab_ndaq_IncreaseDecreaseToCommoditiesMarketToJuniorCapital_79557EAA1CB5C2BD09410DB09F4BE4B8_label_en-US" xlink:label="lab_ndaq_IncreaseDecreaseToCommoditiesMarketToJuniorCapital_79557EAA1CB5C2BD09410DB09F4BE4B8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) To Commodities Market To Junior Capital</link:label>
    <link:label id="lab_ndaq_IncreaseDecreaseToCommoditiesMarketToJuniorCapital_79557EAA1CB5C2BD09410DB09F4BE4B8_documentation_en-US" xlink:label="lab_ndaq_IncreaseDecreaseToCommoditiesMarketToJuniorCapital_79557EAA1CB5C2BD09410DB09F4BE4B8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase (Decrease) To Commodities Market To Junior Capital</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_IncreaseDecreaseToCommoditiesMarketToJuniorCapital" xlink:label="loc_ndaq_IncreaseDecreaseToCommoditiesMarketToJuniorCapital_79557EAA1CB5C2BD09410DB09F4BE4B8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_IncreaseDecreaseToCommoditiesMarketToJuniorCapital_79557EAA1CB5C2BD09410DB09F4BE4B8" xlink:to="lab_ndaq_IncreaseDecreaseToCommoditiesMarketToJuniorCapital_79557EAA1CB5C2BD09410DB09F4BE4B8" xlink:type="arc" />
    <link:label id="lab_ndaq_CollateralDueToMarketDefault_05CADBAF68865EA5F3840DB09F4BD1C2_terseLabel_en-US" xlink:label="lab_ndaq_CollateralDueToMarketDefault_05CADBAF68865EA5F3840DB09F4BD1C2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Collateral due to market default</link:label>
    <link:label id="lab_ndaq_CollateralDueToMarketDefault_05CADBAF68865EA5F3840DB09F4BD1C2_label_en-US" xlink:label="lab_ndaq_CollateralDueToMarketDefault_05CADBAF68865EA5F3840DB09F4BD1C2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Collateral Due To Market Default</link:label>
    <link:label id="lab_ndaq_CollateralDueToMarketDefault_05CADBAF68865EA5F3840DB09F4BD1C2_documentation_en-US" xlink:label="lab_ndaq_CollateralDueToMarketDefault_05CADBAF68865EA5F3840DB09F4BD1C2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Collateral Due To Market Default</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_CollateralDueToMarketDefault" xlink:label="loc_ndaq_CollateralDueToMarketDefault_05CADBAF68865EA5F3840DB09F4BD1C2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_CollateralDueToMarketDefault_05CADBAF68865EA5F3840DB09F4BD1C2" xlink:to="lab_ndaq_CollateralDueToMarketDefault_05CADBAF68865EA5F3840DB09F4BD1C2" xlink:type="arc" />
    <link:label id="lab_ndaq_HighlyRatedGovernmentDebtSecurities_80B3B7BCAA7BE130EE300DB09F4BF72B_verboseLabel_en-US" xlink:label="lab_ndaq_HighlyRatedGovernmentDebtSecurities_80B3B7BCAA7BE130EE300DB09F4BF72B" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Default fund cash contributions invested in highly rated government debt securities</link:label>
    <link:label id="lab_ndaq_HighlyRatedGovernmentDebtSecurities_80B3B7BCAA7BE130EE300DB09F4BF72B_label_en-US" xlink:label="lab_ndaq_HighlyRatedGovernmentDebtSecurities_80B3B7BCAA7BE130EE300DB09F4BF72B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Highly Rated Government Debt Securities</link:label>
    <link:label id="lab_ndaq_HighlyRatedGovernmentDebtSecurities_80B3B7BCAA7BE130EE300DB09F4BF72B_documentation_en-US" xlink:label="lab_ndaq_HighlyRatedGovernmentDebtSecurities_80B3B7BCAA7BE130EE300DB09F4BF72B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Highly Rated Government Debt Securities</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_HighlyRatedGovernmentDebtSecurities" xlink:label="loc_ndaq_HighlyRatedGovernmentDebtSecurities_80B3B7BCAA7BE130EE300DB09F4BF72B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_HighlyRatedGovernmentDebtSecurities_80B3B7BCAA7BE130EE300DB09F4BF72B" xlink:to="lab_ndaq_HighlyRatedGovernmentDebtSecurities_80B3B7BCAA7BE130EE300DB09F4BF72B" xlink:type="arc" />
    <link:label id="lab_us-gaap_MaturityOfTimeDeposits_728187F9F251B305C9C30DB09F4B2D1D_terseLabel_en-US" xlink:label="lab_us-gaap_MaturityOfTimeDeposits_728187F9F251B305C9C30DB09F4B2D1D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maturity period of time deposits</link:label>
    <link:label id="lab_us-gaap_MaturityOfTimeDeposits_728187F9F251B305C9C30DB09F4B2D1D_label_en-US" xlink:label="lab_us-gaap_MaturityOfTimeDeposits_728187F9F251B305C9C30DB09F4B2D1D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maturity of Time Deposits</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_MaturityOfTimeDeposits" xlink:label="loc_us-gaap_MaturityOfTimeDeposits_728187F9F251B305C9C30DB09F4B2D1D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MaturityOfTimeDeposits_728187F9F251B305C9C30DB09F4B2D1D" xlink:to="lab_us-gaap_MaturityOfTimeDeposits_728187F9F251B305C9C30DB09F4B2D1D" xlink:type="arc" />
    <link:label id="lab_ndaq_ReversePurchaseAgreementsMaturityDateRange_645F402C80280663AE310DB09F4B0061_terseLabel_en-US" xlink:label="lab_ndaq_ReversePurchaseAgreementsMaturityDateRange_645F402C80280663AE310DB09F4B0061" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reverse purchase agreements, maturity range</link:label>
    <link:label id="lab_ndaq_ReversePurchaseAgreementsMaturityDateRange_645F402C80280663AE310DB09F4B0061_label_en-US" xlink:label="lab_ndaq_ReversePurchaseAgreementsMaturityDateRange_645F402C80280663AE310DB09F4B0061" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reverse Purchase Agreements, Maturity Date Range</link:label>
    <link:label id="lab_ndaq_ReversePurchaseAgreementsMaturityDateRange_645F402C80280663AE310DB09F4B0061_documentation_en-US" xlink:label="lab_ndaq_ReversePurchaseAgreementsMaturityDateRange_645F402C80280663AE310DB09F4B0061" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Reverse Purchase Agreements, Maturity Date Range</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ReversePurchaseAgreementsMaturityDateRange" xlink:label="loc_ndaq_ReversePurchaseAgreementsMaturityDateRange_645F402C80280663AE310DB09F4B0061" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ReversePurchaseAgreementsMaturityDateRange_645F402C80280663AE310DB09F4B0061" xlink:to="lab_ndaq_ReversePurchaseAgreementsMaturityDateRange_645F402C80280663AE310DB09F4B0061" xlink:type="arc" />
    <link:label id="lab_us-gaap_MarketableSecuritiesCurrent_B8D0DDEEA1BE5D91A3580DB09F4B0463_verboseLabel_en-US" xlink:label="lab_us-gaap_MarketableSecuritiesCurrent_B8D0DDEEA1BE5D91A3580DB09F4B0463" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Committed capital</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_MarketableSecuritiesCurrent" xlink:label="loc_us-gaap_MarketableSecuritiesCurrent_B8D0DDEEA1BE5D91A3580DB09F4B0463" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MarketableSecuritiesCurrent_B8D0DDEEA1BE5D91A3580DB09F4B0463" xlink:to="lab_us-gaap_MarketableSecuritiesCurrent_B8D0DDEEA1BE5D91A3580DB09F4B0463" xlink:type="arc" />
    <link:label id="lab_ndaq_LiabilityDueToMarketDefault_26DE98E6C0DF4B99E0AB0DB09F4DAB72_terseLabel_en-US" xlink:label="lab_ndaq_LiabilityDueToMarketDefault_26DE98E6C0DF4B99E0AB0DB09F4DAB72" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liability due to market default</link:label>
    <link:label id="lab_ndaq_LiabilityDueToMarketDefault_26DE98E6C0DF4B99E0AB0DB09F4DAB72_label_en-US" xlink:label="lab_ndaq_LiabilityDueToMarketDefault_26DE98E6C0DF4B99E0AB0DB09F4DAB72" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liability Due To Market Default</link:label>
    <link:label id="lab_ndaq_LiabilityDueToMarketDefault_26DE98E6C0DF4B99E0AB0DB09F4DAB72_documentation_en-US" xlink:label="lab_ndaq_LiabilityDueToMarketDefault_26DE98E6C0DF4B99E0AB0DB09F4DAB72" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Liability Due To Market Default</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_LiabilityDueToMarketDefault" xlink:label="loc_ndaq_LiabilityDueToMarketDefault_26DE98E6C0DF4B99E0AB0DB09F4DAB72" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_LiabilityDueToMarketDefault_26DE98E6C0DF4B99E0AB0DB09F4DAB72" xlink:to="lab_ndaq_LiabilityDueToMarketDefault_26DE98E6C0DF4B99E0AB0DB09F4DAB72" xlink:type="arc" />
    <link:label id="lab_ndaq_ContributionToFinancialMarkets_D6EB21B5CCFA59BECBF40DB09F4D109C_terseLabel_en-US" xlink:label="lab_ndaq_ContributionToFinancialMarkets_D6EB21B5CCFA59BECBF40DB09F4D109C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Power of assessment of the clearing member's contribution to the financial markets and commodities markets default funds</link:label>
    <link:label id="lab_ndaq_ContributionToFinancialMarkets_D6EB21B5CCFA59BECBF40DB09F4D109C_label_en-US" xlink:label="lab_ndaq_ContributionToFinancialMarkets_D6EB21B5CCFA59BECBF40DB09F4D109C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contribution To Financial Markets</link:label>
    <link:label id="lab_ndaq_ContributionToFinancialMarkets_D6EB21B5CCFA59BECBF40DB09F4D109C_documentation_en-US" xlink:label="lab_ndaq_ContributionToFinancialMarkets_D6EB21B5CCFA59BECBF40DB09F4D109C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Contribution to the financial markets.</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ContributionToFinancialMarkets" xlink:label="loc_ndaq_ContributionToFinancialMarkets_D6EB21B5CCFA59BECBF40DB09F4D109C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ContributionToFinancialMarkets_D6EB21B5CCFA59BECBF40DB09F4D109C" xlink:to="lab_ndaq_ContributionToFinancialMarkets_D6EB21B5CCFA59BECBF40DB09F4D109C" xlink:type="arc" />
    <link:label id="lab_ndaq_JuniorCapitalCashDepositsAndPledgedAssets_B99BD133CADA4B7929620DB09F4DD7E6_terseLabel_en-US" xlink:label="lab_ndaq_JuniorCapitalCashDepositsAndPledgedAssets_B99BD133CADA4B7929620DB09F4DD7E6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Junior capital, cash deposits and pledged assets</link:label>
    <link:label id="lab_ndaq_JuniorCapitalCashDepositsAndPledgedAssets_B99BD133CADA4B7929620DB09F4DD7E6_label_en-US" xlink:label="lab_ndaq_JuniorCapitalCashDepositsAndPledgedAssets_B99BD133CADA4B7929620DB09F4DD7E6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Junior Capital Cash Deposits And Pledged Assets</link:label>
    <link:label id="lab_ndaq_JuniorCapitalCashDepositsAndPledgedAssets_B99BD133CADA4B7929620DB09F4DD7E6_documentation_en-US" xlink:label="lab_ndaq_JuniorCapitalCashDepositsAndPledgedAssets_B99BD133CADA4B7929620DB09F4DD7E6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Junior capital, cash deposits and pledged assets.</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_JuniorCapitalCashDepositsAndPledgedAssets" xlink:label="loc_ndaq_JuniorCapitalCashDepositsAndPledgedAssets_B99BD133CADA4B7929620DB09F4DD7E6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_JuniorCapitalCashDepositsAndPledgedAssets_B99BD133CADA4B7929620DB09F4DD7E6" xlink:to="lab_ndaq_JuniorCapitalCashDepositsAndPledgedAssets_B99BD133CADA4B7929620DB09F4DD7E6" xlink:type="arc" />
    <link:label id="lab_ndaq_SeniorCapitalCashDepositsAndPledgedAssets_CA488305E615A55381D20DB09F4D629B_terseLabel_en-US" xlink:label="lab_ndaq_SeniorCapitalCashDepositsAndPledgedAssets_CA488305E615A55381D20DB09F4D629B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior capital, cash deposits and pledged assets</link:label>
    <link:label id="lab_ndaq_SeniorCapitalCashDepositsAndPledgedAssets_CA488305E615A55381D20DB09F4D629B_label_en-US" xlink:label="lab_ndaq_SeniorCapitalCashDepositsAndPledgedAssets_CA488305E615A55381D20DB09F4D629B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Capital Cash Deposits And Pledged Assets</link:label>
    <link:label id="lab_ndaq_SeniorCapitalCashDepositsAndPledgedAssets_CA488305E615A55381D20DB09F4D629B_documentation_en-US" xlink:label="lab_ndaq_SeniorCapitalCashDepositsAndPledgedAssets_CA488305E615A55381D20DB09F4D629B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Senior capital, cash deposits and pledged assets.</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_SeniorCapitalCashDepositsAndPledgedAssets" xlink:label="loc_ndaq_SeniorCapitalCashDepositsAndPledgedAssets_CA488305E615A55381D20DB09F4D629B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_SeniorCapitalCashDepositsAndPledgedAssets_CA488305E615A55381D20DB09F4D629B" xlink:to="lab_ndaq_SeniorCapitalCashDepositsAndPledgedAssets_CA488305E615A55381D20DB09F4D629B" xlink:type="arc" />
    <link:label id="lab_ndaq_CommittedCapital_8D0908A80D28D17A066D0DB09F4DA4CB_terseLabel_en-US" xlink:label="lab_ndaq_CommittedCapital_8D0908A80D28D17A066D0DB09F4DA4CB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Committed capital</link:label>
    <link:label id="lab_ndaq_CommittedCapital_8D0908A80D28D17A066D0DB09F4DA4CB_label_en-US" xlink:label="lab_ndaq_CommittedCapital_8D0908A80D28D17A066D0DB09F4DA4CB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Committed Capital</link:label>
    <link:label id="lab_ndaq_CommittedCapital_8D0908A80D28D17A066D0DB09F4DA4CB_documentation_en-US" xlink:label="lab_ndaq_CommittedCapital_8D0908A80D28D17A066D0DB09F4DA4CB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Committed Capital</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_CommittedCapital" xlink:label="loc_ndaq_CommittedCapital_8D0908A80D28D17A066D0DB09F4DA4CB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_CommittedCapital_8D0908A80D28D17A066D0DB09F4DA4CB" xlink:to="lab_ndaq_CommittedCapital_8D0908A80D28D17A066D0DB09F4DA4CB" xlink:type="arc" />
    <link:label id="lab_ndaq_ContractValueOfResaleAndRepurchaseAgreements_B1353F03BFA97927EFA30DB09F4D82BF_terseLabel_en-US" xlink:label="lab_ndaq_ContractValueOfResaleAndRepurchaseAgreements_B1353F03BFA97927EFA30DB09F4D82BF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contract value of resale and repurchase agreements</link:label>
    <link:label id="lab_ndaq_ContractValueOfResaleAndRepurchaseAgreements_B1353F03BFA97927EFA30DB09F4D82BF_label_en-US" xlink:label="lab_ndaq_ContractValueOfResaleAndRepurchaseAgreements_B1353F03BFA97927EFA30DB09F4D82BF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contract Value Of Resale And Repurchase Agreements</link:label>
    <link:label id="lab_ndaq_ContractValueOfResaleAndRepurchaseAgreements_B1353F03BFA97927EFA30DB09F4D82BF_documentation_en-US" xlink:label="lab_ndaq_ContractValueOfResaleAndRepurchaseAgreements_B1353F03BFA97927EFA30DB09F4D82BF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Contract value of resale and repurchase agreements.</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ContractValueOfResaleAndRepurchaseAgreements" xlink:label="loc_ndaq_ContractValueOfResaleAndRepurchaseAgreements_B1353F03BFA97927EFA30DB09F4D82BF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ContractValueOfResaleAndRepurchaseAgreements_B1353F03BFA97927EFA30DB09F4D82BF" xlink:to="lab_ndaq_ContractValueOfResaleAndRepurchaseAgreements_B1353F03BFA97927EFA30DB09F4D82BF" xlink:type="arc" />
    <link:label id="lab_ndaq_TotalNumberOfDerivativeContractsCleared_0D6A86DEB1C682E42DA70DB09F4DDF25_terseLabel_en-US" xlink:label="lab_ndaq_TotalNumberOfDerivativeContractsCleared_0D6A86DEB1C682E42DA70DB09F4DDF25" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total number of derivative contracts cleared</link:label>
    <link:label id="lab_ndaq_TotalNumberOfDerivativeContractsCleared_0D6A86DEB1C682E42DA70DB09F4DDF25_label_en-US" xlink:label="lab_ndaq_TotalNumberOfDerivativeContractsCleared_0D6A86DEB1C682E42DA70DB09F4DDF25" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Number Of Derivative Contracts Cleared</link:label>
    <link:label id="lab_ndaq_TotalNumberOfDerivativeContractsCleared_0D6A86DEB1C682E42DA70DB09F4DDF25_documentation_en-US" xlink:label="lab_ndaq_TotalNumberOfDerivativeContractsCleared_0D6A86DEB1C682E42DA70DB09F4DDF25" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Total number of derivative contracts cleared</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_TotalNumberOfDerivativeContractsCleared" xlink:label="loc_ndaq_TotalNumberOfDerivativeContractsCleared_0D6A86DEB1C682E42DA70DB09F4DDF25" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_TotalNumberOfDerivativeContractsCleared_0D6A86DEB1C682E42DA70DB09F4DDF25" xlink:to="lab_ndaq_TotalNumberOfDerivativeContractsCleared_0D6A86DEB1C682E42DA70DB09F4DDF25" xlink:type="arc" />
    <link:label id="lab_ndaq_AllOtherCountriesMember_79F44C778639A991E197AB620A783E80_terseLabel_en-US" xlink:label="lab_ndaq_AllOtherCountriesMember_79F44C778639A991E197AB620A783E80" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">All other countries</link:label>
    <link:label id="lab_ndaq_AllOtherCountriesMember_79F44C778639A991E197AB620A783E80_label_en-US" xlink:label="lab_ndaq_AllOtherCountriesMember_79F44C778639A991E197AB620A783E80" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">All Other Countries [Member]</link:label>
    <link:label id="lab_ndaq_AllOtherCountriesMember_79F44C778639A991E197AB620A783E80_documentation_en-US" xlink:label="lab_ndaq_AllOtherCountriesMember_79F44C778639A991E197AB620A783E80" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">All Other Countries [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_AllOtherCountriesMember" xlink:label="loc_ndaq_AllOtherCountriesMember_79F44C778639A991E197AB620A783E80" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_AllOtherCountriesMember_79F44C778639A991E197AB620A783E80" xlink:to="lab_ndaq_AllOtherCountriesMember_79F44C778639A991E197AB620A783E80" xlink:type="arc" />
    <link:label id="lab_us-gaap_Revenues_3A1FC2C9C6012F1E74D7AB620A7B0289_terseLabel_en-US" xlink:label="lab_us-gaap_Revenues_3A1FC2C9C6012F1E74D7AB620A7B0289" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenues</link:label>
    <link:label id="lab_us-gaap_Revenues_3A1FC2C9C6012F1E74D7AB620A7B0289_label_en-US" xlink:label="lab_us-gaap_Revenues_3A1FC2C9C6012F1E74D7AB620A7B0289" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenues</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_Revenues" xlink:label="loc_us-gaap_Revenues_3A1FC2C9C6012F1E74D7AB620A7B0289" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Revenues_3A1FC2C9C6012F1E74D7AB620A7B0289" xlink:to="lab_us-gaap_Revenues_3A1FC2C9C6012F1E74D7AB620A7B0289" xlink:type="arc" />
    <link:label id="lab_us-gaap_CreditFacilityAxis_7F648E148529FDF319ACCD56F8FF5102_terseLabel_en-US" xlink:label="lab_us-gaap_CreditFacilityAxis_7F648E148529FDF319ACCD56F8FF5102" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit Facility [Axis]</link:label>
    <link:label id="lab_us-gaap_CreditFacilityAxis_7F648E148529FDF319ACCD56F8FF5102_label_en-US" xlink:label="lab_us-gaap_CreditFacilityAxis_7F648E148529FDF319ACCD56F8FF5102" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Facility [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CreditFacilityAxis" xlink:label="loc_us-gaap_CreditFacilityAxis_7F648E148529FDF319ACCD56F8FF5102" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CreditFacilityAxis_7F648E148529FDF319ACCD56F8FF5102" xlink:to="lab_us-gaap_CreditFacilityAxis_7F648E148529FDF319ACCD56F8FF5102" xlink:type="arc" />
    <link:label id="lab_us-gaap_CreditFacilityDomain_1C400BB0D3D79D5F4B78CD56F8FF4E72_terseLabel_en-US" xlink:label="lab_us-gaap_CreditFacilityDomain_1C400BB0D3D79D5F4B78CD56F8FF4E72" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit Facility [Domain]</link:label>
    <link:label id="lab_us-gaap_CreditFacilityDomain_1C400BB0D3D79D5F4B78CD56F8FF4E72_label_en-US" xlink:label="lab_us-gaap_CreditFacilityDomain_1C400BB0D3D79D5F4B78CD56F8FF4E72" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Facility [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CreditFacilityDomain" xlink:label="loc_us-gaap_CreditFacilityDomain_1C400BB0D3D79D5F4B78CD56F8FF4E72" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CreditFacilityDomain_1C400BB0D3D79D5F4B78CD56F8FF4E72" xlink:to="lab_us-gaap_CreditFacilityDomain_1C400BB0D3D79D5F4B78CD56F8FF4E72" xlink:type="arc" />
    <link:label id="lab_ndaq_CommercialPaperAndLetterOfCreditMember_92116CDE60E422365368CD56F900AEFF_terseLabel_en-US" xlink:label="lab_ndaq_CommercialPaperAndLetterOfCreditMember_92116CDE60E422365368CD56F900AEFF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commercial Paper And Letter Of Credit</link:label>
    <link:label id="lab_ndaq_CommercialPaperAndLetterOfCreditMember_92116CDE60E422365368CD56F900AEFF_label_en-US" xlink:label="lab_ndaq_CommercialPaperAndLetterOfCreditMember_92116CDE60E422365368CD56F900AEFF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commercial Paper And Letter Of Credit [Member]</link:label>
    <link:label id="lab_ndaq_CommercialPaperAndLetterOfCreditMember_92116CDE60E422365368CD56F900AEFF_documentation_en-US" xlink:label="lab_ndaq_CommercialPaperAndLetterOfCreditMember_92116CDE60E422365368CD56F900AEFF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Commercial Paper And Letter Of Credit [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_CommercialPaperAndLetterOfCreditMember" xlink:label="loc_ndaq_CommercialPaperAndLetterOfCreditMember_92116CDE60E422365368CD56F900AEFF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_CommercialPaperAndLetterOfCreditMember_92116CDE60E422365368CD56F900AEFF" xlink:to="lab_ndaq_CommercialPaperAndLetterOfCreditMember_92116CDE60E422365368CD56F900AEFF" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_F58B90CC0730F1B20B13CD56F90199A7_verboseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_F58B90CC0730F1B20B13CD56F90199A7" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Credit facility, borrowing capacity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="loc_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_F58B90CC0730F1B20B13CD56F90199A7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_F58B90CC0730F1B20B13CD56F90199A7" xlink:to="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_F58B90CC0730F1B20B13CD56F90199A7" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentTerm_4CB97FB8278C994E9D12CD56F90235DE_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentTerm_4CB97FB8278C994E9D12CD56F90235DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit facility term</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DebtInstrumentTerm" xlink:label="loc_us-gaap_DebtInstrumentTerm_4CB97FB8278C994E9D12CD56F90235DE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentTerm_4CB97FB8278C994E9D12CD56F90235DE" xlink:to="lab_us-gaap_DebtInstrumentTerm_4CB97FB8278C994E9D12CD56F90235DE" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCreditFacilityFairValueOfAmountOutstanding_DF95440EEF068E6A2CA9CD56F902B5A5_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityFairValueOfAmountOutstanding_DF95440EEF068E6A2CA9CD56F902B5A5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Fair Value of Amount Outstanding</link:label>
    <link:label id="lab_us-gaap_LineOfCreditFacilityFairValueOfAmountOutstanding_DF95440EEF068E6A2CA9CD56F902B5A5_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityFairValueOfAmountOutstanding_DF95440EEF068E6A2CA9CD56F902B5A5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Fair Value of Amount Outstanding</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LineOfCreditFacilityFairValueOfAmountOutstanding" xlink:label="loc_us-gaap_LineOfCreditFacilityFairValueOfAmountOutstanding_DF95440EEF068E6A2CA9CD56F902B5A5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditFacilityFairValueOfAmountOutstanding_DF95440EEF068E6A2CA9CD56F902B5A5" xlink:to="lab_us-gaap_LineOfCreditFacilityFairValueOfAmountOutstanding_DF95440EEF068E6A2CA9CD56F902B5A5" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnamortizedDebtIssuanceExpense_38CB66496B7A1F93D961CD56F902504E_terseLabel_en-US" xlink:label="lab_us-gaap_UnamortizedDebtIssuanceExpense_38CB66496B7A1F93D961CD56F902504E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unamortized debt issuance expense</link:label>
    <link:label id="lab_us-gaap_UnamortizedDebtIssuanceExpense_38CB66496B7A1F93D961CD56F902504E_label_en-US" xlink:label="lab_us-gaap_UnamortizedDebtIssuanceExpense_38CB66496B7A1F93D961CD56F902504E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unamortized Debt Issuance Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_UnamortizedDebtIssuanceExpense" xlink:label="loc_us-gaap_UnamortizedDebtIssuanceExpense_38CB66496B7A1F93D961CD56F902504E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnamortizedDebtIssuanceExpense_38CB66496B7A1F93D961CD56F902504E" xlink:to="lab_us-gaap_UnamortizedDebtIssuanceExpense_38CB66496B7A1F93D961CD56F902504E" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_030721213CF3F8E3A02FCD56F9022C66_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_030721213CF3F8E3A02FCD56F9022C66" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Remaining amount available</link:label>
    <link:label id="lab_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_030721213CF3F8E3A02FCD56F9022C66_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_030721213CF3F8E3A02FCD56F9022C66" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Remaining Borrowing Capacity</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity" xlink:label="loc_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_030721213CF3F8E3A02FCD56F9022C66" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_030721213CF3F8E3A02FCD56F9022C66" xlink:to="lab_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_030721213CF3F8E3A02FCD56F9022C66" xlink:type="arc" />
    <link:label id="lab_ndaq_LineOfCreditFacilityUsedForLiquiditySupport_99345A99DD0B9371AC50CD56F903FFD7_terseLabel_en-US" xlink:label="lab_ndaq_LineOfCreditFacilityUsedForLiquiditySupport_99345A99DD0B9371AC50CD56F903FFD7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit facility, remaining residual borrowing capacity</link:label>
    <link:label id="lab_ndaq_LineOfCreditFacilityUsedForLiquiditySupport_99345A99DD0B9371AC50CD56F903FFD7_label_en-US" xlink:label="lab_ndaq_LineOfCreditFacilityUsedForLiquiditySupport_99345A99DD0B9371AC50CD56F903FFD7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line Of Credit Facility, Used For Liquidity Support</link:label>
    <link:label id="lab_ndaq_LineOfCreditFacilityUsedForLiquiditySupport_99345A99DD0B9371AC50CD56F903FFD7_documentation_en-US" xlink:label="lab_ndaq_LineOfCreditFacilityUsedForLiquiditySupport_99345A99DD0B9371AC50CD56F903FFD7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Line Of Credit Facility used for Liquidity Support</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_LineOfCreditFacilityUsedForLiquiditySupport" xlink:label="loc_ndaq_LineOfCreditFacilityUsedForLiquiditySupport_99345A99DD0B9371AC50CD56F903FFD7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_LineOfCreditFacilityUsedForLiquiditySupport_99345A99DD0B9371AC50CD56F903FFD7" xlink:to="lab_ndaq_LineOfCreditFacilityUsedForLiquiditySupport_99345A99DD0B9371AC50CD56F903FFD7" xlink:type="arc" />
    <link:label id="lab_us-gaap_LineOfCreditFacilityCommitmentFeePercentage_70DA937AE9C0D5AEBE44CD56F9020144_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityCommitmentFeePercentage_70DA937AE9C0D5AEBE44CD56F9020144" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Commitment Fee Percentage</link:label>
    <link:label id="lab_us-gaap_LineOfCreditFacilityCommitmentFeePercentage_70DA937AE9C0D5AEBE44CD56F9020144_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityCommitmentFeePercentage_70DA937AE9C0D5AEBE44CD56F9020144" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line of Credit Facility, Commitment Fee Percentage</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LineOfCreditFacilityCommitmentFeePercentage" xlink:label="loc_us-gaap_LineOfCreditFacilityCommitmentFeePercentage_70DA937AE9C0D5AEBE44CD56F9020144" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditFacilityCommitmentFeePercentage_70DA937AE9C0D5AEBE44CD56F9020144" xlink:to="lab_us-gaap_LineOfCreditFacilityCommitmentFeePercentage_70DA937AE9C0D5AEBE44CD56F9020144" xlink:type="arc" />
    <link:label id="lab_ndaq_LineOfCreditFacilityOptionalIncreaseInMaximumBorrowingCapacity_7ACBF29A715FF923682ECD56F903BA12_terseLabel_en-US" xlink:label="lab_ndaq_LineOfCreditFacilityOptionalIncreaseInMaximumBorrowingCapacity_7ACBF29A715FF923682ECD56F903BA12" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Option to increase available aggregate amount</link:label>
    <link:label id="lab_ndaq_LineOfCreditFacilityOptionalIncreaseInMaximumBorrowingCapacity_7ACBF29A715FF923682ECD56F903BA12_label_en-US" xlink:label="lab_ndaq_LineOfCreditFacilityOptionalIncreaseInMaximumBorrowingCapacity_7ACBF29A715FF923682ECD56F903BA12" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Line Of Credit Facility, Optional Increase In Maximum Borrowing Capacity</link:label>
    <link:label id="lab_ndaq_LineOfCreditFacilityOptionalIncreaseInMaximumBorrowingCapacity_7ACBF29A715FF923682ECD56F903BA12_documentation_en-US" xlink:label="lab_ndaq_LineOfCreditFacilityOptionalIncreaseInMaximumBorrowingCapacity_7ACBF29A715FF923682ECD56F903BA12" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Line Of Credit Facility, Optional Increase In Maximum Borrowing Capacity</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_LineOfCreditFacilityOptionalIncreaseInMaximumBorrowingCapacity" xlink:label="loc_ndaq_LineOfCreditFacilityOptionalIncreaseInMaximumBorrowingCapacity_7ACBF29A715FF923682ECD56F903BA12" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_LineOfCreditFacilityOptionalIncreaseInMaximumBorrowingCapacity_7ACBF29A715FF923682ECD56F903BA12" xlink:to="lab_ndaq_LineOfCreditFacilityOptionalIncreaseInMaximumBorrowingCapacity_7ACBF29A715FF923682ECD56F903BA12" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationsAbstract_10236D5B26969C7D15B263DCB48ECB2E_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationsAbstract_3ADF19A09D6F5E9A89D22C4021DA8D97" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combinations [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_BusinessCombinationsAbstract" xlink:label="loc_us-gaap_BusinessCombinationsAbstract_3ADF19A09D6F5E9A89D22C4021DA8D97" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationsAbstract_3ADF19A09D6F5E9A89D22C4021DA8D97" xlink:to="lab_us-gaap_BusinessCombinationsAbstract_3ADF19A09D6F5E9A89D22C4021DA8D97" xlink:type="arc" />
    <link:label id="lab_us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock_951B0B46CDF21160DB8A63DCB48FE54B_verboseLabel_en-US" xlink:label="lab_us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock_DDE847F214185100B04E8BAE75939209" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Acquisitions and Divestiture</link:label>
    <link:label id="lab_us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock_951B0B46CDF21160DB8A63DCB48FE54B_label_en-US" xlink:label="lab_us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock_DDE847F214185100B04E8BAE75939209" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mergers, Acquisitions and Dispositions Disclosures [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock" xlink:label="loc_us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock_DDE847F214185100B04E8BAE75939209" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock_DDE847F214185100B04E8BAE75939209" xlink:to="lab_us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock_DDE847F214185100B04E8BAE75939209" xlink:type="arc" />
    <link:label id="lab_ndaq_PaymentsAccretionsAndOtherofLongtermDebt_48EA4A6D315684BAF835DC2729CA5294_terseLabel_en-US" xlink:label="lab_ndaq_PaymentsAccretionsAndOtherofLongtermDebt_8AF8A4C355A852C68DB34A83C4001355" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Decrease in carrying amount</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_PaymentsAccretionsAndOtherofLongtermDebt" xlink:label="loc_ndaq_PaymentsAccretionsAndOtherofLongtermDebt_8AF8A4C355A852C68DB34A83C4001355" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_PaymentsAccretionsAndOtherofLongtermDebt_8AF8A4C355A852C68DB34A83C4001355" xlink:to="lab_ndaq_PaymentsAccretionsAndOtherofLongtermDebt_8AF8A4C355A852C68DB34A83C4001355" xlink:type="arc" />
    <link:label id="lab_us-gaap_AllocatedShareBasedCompensationExpense_8101E49E8201A2A89CC17CE75FD124DB_verboseLabel_en-US" xlink:label="lab_us-gaap_AllocatedShareBasedCompensationExpense_016C302CEB2B536EB4C8D915A3410665" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Share-based compensation expense before income taxes</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AllocatedShareBasedCompensationExpense" xlink:label="loc_us-gaap_AllocatedShareBasedCompensationExpense_016C302CEB2B536EB4C8D915A3410665" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AllocatedShareBasedCompensationExpense_016C302CEB2B536EB4C8D915A3410665" xlink:to="lab_us-gaap_AllocatedShareBasedCompensationExpense_016C302CEB2B536EB4C8D915A3410665" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherTaxExpenseBenefit_562127E8FA83C7AB90B17CE75FD14509_terseLabel_en-US" xlink:label="lab_us-gaap_OtherTaxExpenseBenefit_C9507255BBC15D16BA4FE077F5EA8A47" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income tax benefit</link:label>
    <link:label id="lab_us-gaap_OtherTaxExpenseBenefit_562127E8FA83C7AB90B17CE75FD14509_label_en-US" xlink:label="lab_us-gaap_OtherTaxExpenseBenefit_C9507255BBC15D16BA4FE077F5EA8A47" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Tax Expense (Benefit)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherTaxExpenseBenefit" xlink:label="loc_us-gaap_OtherTaxExpenseBenefit_C9507255BBC15D16BA4FE077F5EA8A47" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherTaxExpenseBenefit_C9507255BBC15D16BA4FE077F5EA8A47" xlink:to="lab_us-gaap_OtherTaxExpenseBenefit_C9507255BBC15D16BA4FE077F5EA8A47" xlink:type="arc" />
    <link:label id="lab_us-gaap_AllocatedShareBasedCompensationExpenseNetOfTax_1BD45A5AF9B3E38D30977CE75FD1CC98_totalLabel_en-US" xlink:label="lab_us-gaap_AllocatedShareBasedCompensationExpenseNetOfTax_FF08F701FF475B789FA762FE77972596" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Share-based compensation expense after income taxes</link:label>
    <link:label id="lab_us-gaap_AllocatedShareBasedCompensationExpenseNetOfTax_1BD45A5AF9B3E38D30977CE75FD1CC98_label_en-US" xlink:label="lab_us-gaap_AllocatedShareBasedCompensationExpenseNetOfTax_FF08F701FF475B789FA762FE77972596" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Allocated Share-based Compensation Expense, Net of Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AllocatedShareBasedCompensationExpenseNetOfTax" xlink:label="loc_us-gaap_AllocatedShareBasedCompensationExpenseNetOfTax_FF08F701FF475B789FA762FE77972596" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AllocatedShareBasedCompensationExpenseNetOfTax_FF08F701FF475B789FA762FE77972596" xlink:to="lab_us-gaap_AllocatedShareBasedCompensationExpenseNetOfTax_FF08F701FF475B789FA762FE77972596" xlink:type="arc" />
    <link:label id="lab_us-gaap_SignificantAccountingPoliciesTextBlock_9560F0E512AEEFD5CAD3CF770CE3B3B0_terseLabel_en-US" xlink:label="lab_us-gaap_SignificantAccountingPoliciesTextBlock_9560F0E512AEEFD5CAD3CF770CE3B3B0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Significant Accounting Policies</link:label>
    <link:label id="lab_us-gaap_SignificantAccountingPoliciesTextBlock_9560F0E512AEEFD5CAD3CF770CE3B3B0_label_en-US" xlink:label="lab_us-gaap_SignificantAccountingPoliciesTextBlock_9560F0E512AEEFD5CAD3CF770CE3B3B0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Significant Accounting Policies [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SignificantAccountingPoliciesTextBlock" xlink:label="loc_us-gaap_SignificantAccountingPoliciesTextBlock_9560F0E512AEEFD5CAD3CF770CE3B3B0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SignificantAccountingPoliciesTextBlock_9560F0E512AEEFD5CAD3CF770CE3B3B0" xlink:to="lab_us-gaap_SignificantAccountingPoliciesTextBlock_9560F0E512AEEFD5CAD3CF770CE3B3B0" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_B8A45E67A3E10B7558E49FC2502041C8_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_B8A45E67A3E10B7558E49FC2502041C8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Property, Plant and Equipment [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_B8A45E67A3E10B7558E49FC2502041C8_label_en-US" xlink:label="lab_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_B8A45E67A3E10B7558E49FC2502041C8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfPropertyPlantAndEquipmentTable" xlink:label="loc_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_B8A45E67A3E10B7558E49FC2502041C8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_B8A45E67A3E10B7558E49FC2502041C8" xlink:to="lab_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_B8A45E67A3E10B7558E49FC2502041C8" xlink:type="arc" />
    <link:label id="lab_ndaq_FurnitureEquipmentAndLeaseholdImprovementsMember_E66BFE673AA57C4D85EF9FC25021A9F1_terseLabel_en-US" xlink:label="lab_ndaq_FurnitureEquipmentAndLeaseholdImprovementsMember_E66BFE673AA57C4D85EF9FC25021A9F1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Furniture, equipment and leasehold improvements</link:label>
    <link:label id="lab_ndaq_FurnitureEquipmentAndLeaseholdImprovementsMember_E66BFE673AA57C4D85EF9FC25021A9F1_label_en-US" xlink:label="lab_ndaq_FurnitureEquipmentAndLeaseholdImprovementsMember_E66BFE673AA57C4D85EF9FC25021A9F1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Furniture Equipment And Leasehold Improvements [Member]</link:label>
    <link:label id="lab_ndaq_FurnitureEquipmentAndLeaseholdImprovementsMember_E66BFE673AA57C4D85EF9FC25021A9F1_documentation_en-US" xlink:label="lab_ndaq_FurnitureEquipmentAndLeaseholdImprovementsMember_E66BFE673AA57C4D85EF9FC25021A9F1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Furniture, equipment and leasehold improvements [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_FurnitureEquipmentAndLeaseholdImprovementsMember" xlink:label="loc_ndaq_FurnitureEquipmentAndLeaseholdImprovementsMember_E66BFE673AA57C4D85EF9FC25021A9F1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_FurnitureEquipmentAndLeaseholdImprovementsMember_E66BFE673AA57C4D85EF9FC25021A9F1" xlink:to="lab_ndaq_FurnitureEquipmentAndLeaseholdImprovementsMember_E66BFE673AA57C4D85EF9FC25021A9F1" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentLineItems_A677EC9FB91E84BF90DD9FC2502139A6_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentLineItems_A677EC9FB91E84BF90DD9FC2502139A6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment [Line Items]</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentLineItems_A677EC9FB91E84BF90DD9FC2502139A6_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentLineItems_A677EC9FB91E84BF90DD9FC2502139A6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PropertyPlantAndEquipmentLineItems" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentLineItems_A677EC9FB91E84BF90DD9FC2502139A6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentLineItems_A677EC9FB91E84BF90DD9FC2502139A6" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentLineItems_A677EC9FB91E84BF90DD9FC2502139A6" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentGross_78A5FCE79E376916295D9FC25021A264_verboseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentGross_78A5FCE79E376916295D9FC25021A264" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Total property and equipment</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentGross_78A5FCE79E376916295D9FC25021A264_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentGross_78A5FCE79E376916295D9FC25021A264" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Gross</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PropertyPlantAndEquipmentGross" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentGross_78A5FCE79E376916295D9FC25021A264" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentGross_78A5FCE79E376916295D9FC25021A264" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentGross_78A5FCE79E376916295D9FC25021A264" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_E22B030145343DE386E49FC250222DDD_negatedLabel_en-US" xlink:label="lab_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_E22B030145343DE386E49FC250222DDD" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Less: accumulated depreciation and amortization</link:label>
    <link:label id="lab_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_E22B030145343DE386E49FC250222DDD_label_en-US" xlink:label="lab_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_E22B030145343DE386E49FC250222DDD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:label="loc_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_E22B030145343DE386E49FC250222DDD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_E22B030145343DE386E49FC250222DDD" xlink:to="lab_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_E22B030145343DE386E49FC250222DDD" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_69DE94009E323E8DE12E9FC250224D9D_totalLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_69DE94009E323E8DE12E9FC250224D9D" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total property and equipment, net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNet_69DE94009E323E8DE12E9FC250224D9D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentNet_69DE94009E323E8DE12E9FC250224D9D" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentNet_69DE94009E323E8DE12E9FC250224D9D" xlink:type="arc" />
    <link:label id="lab_ndaq_ScheduleOfFiniteLivedAndIndefiniteLivedIntangibleAssetsTable_A320941B6C90F4ACA5FE9FC250A75B40_terseLabel_en-US" xlink:label="lab_ndaq_ScheduleOfFiniteLivedAndIndefiniteLivedIntangibleAssetsTable_A320941B6C90F4ACA5FE9FC250A75B40" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule Of Finite Lived And Indefinite Lived Intangible Assets [Table]</link:label>
    <link:label id="lab_ndaq_ScheduleOfFiniteLivedAndIndefiniteLivedIntangibleAssetsTable_A320941B6C90F4ACA5FE9FC250A75B40_label_en-US" xlink:label="lab_ndaq_ScheduleOfFiniteLivedAndIndefiniteLivedIntangibleAssetsTable_A320941B6C90F4ACA5FE9FC250A75B40" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Finite Lived And Indefinite Lived Intangible Assets [Table]</link:label>
    <link:label id="lab_ndaq_ScheduleOfFiniteLivedAndIndefiniteLivedIntangibleAssetsTable_A320941B6C90F4ACA5FE9FC250A75B40_documentation_en-US" xlink:label="lab_ndaq_ScheduleOfFiniteLivedAndIndefiniteLivedIntangibleAssetsTable_A320941B6C90F4ACA5FE9FC250A75B40" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Finite Lived And Indefinite Lived Intangible Assets [Table]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ScheduleOfFiniteLivedAndIndefiniteLivedIntangibleAssetsTable" xlink:label="loc_ndaq_ScheduleOfFiniteLivedAndIndefiniteLivedIntangibleAssetsTable_A320941B6C90F4ACA5FE9FC250A75B40" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ScheduleOfFiniteLivedAndIndefiniteLivedIntangibleAssetsTable_A320941B6C90F4ACA5FE9FC250A75B40" xlink:to="lab_ndaq_ScheduleOfFiniteLivedAndIndefiniteLivedIntangibleAssetsTable_A320941B6C90F4ACA5FE9FC250A75B40" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessAcquisitionAxis_9F8D8D70A4B3303C98EC9FC250A8CBB8_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionAxis_9F8D8D70A4B3303C98EC9FC250A8CBB8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Acquisition [Axis]</link:label>
    <link:label id="lab_us-gaap_BusinessAcquisitionAxis_9F8D8D70A4B3303C98EC9FC250A8CBB8_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionAxis_9F8D8D70A4B3303C98EC9FC250A8CBB8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_BusinessAcquisitionAxis" xlink:label="loc_us-gaap_BusinessAcquisitionAxis_9F8D8D70A4B3303C98EC9FC250A8CBB8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessAcquisitionAxis_9F8D8D70A4B3303C98EC9FC250A8CBB8" xlink:to="lab_us-gaap_BusinessAcquisitionAxis_9F8D8D70A4B3303C98EC9FC250A8CBB8" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessAcquisitionAcquireeDomain_BDAC392987534F8E6C9B9FC250A8DBDE_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionAcquireeDomain_BDAC392987534F8E6C9B9FC250A8DBDE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Acquisition, Acquiree [Domain]</link:label>
    <link:label id="lab_us-gaap_BusinessAcquisitionAcquireeDomain_BDAC392987534F8E6C9B9FC250A8DBDE_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionAcquireeDomain_BDAC392987534F8E6C9B9FC250A8DBDE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition, Acquiree [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_BusinessAcquisitionAcquireeDomain" xlink:label="loc_us-gaap_BusinessAcquisitionAcquireeDomain_BDAC392987534F8E6C9B9FC250A8DBDE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessAcquisitionAcquireeDomain_BDAC392987534F8E6C9B9FC250A8DBDE" xlink:to="lab_us-gaap_BusinessAcquisitionAcquireeDomain_BDAC392987534F8E6C9B9FC250A8DBDE" xlink:type="arc" />
    <link:label id="lab_ndaq_EVestmentMember_528FEB115AFD708EA8169FC250A8CB05_terseLabel_en-US" xlink:label="lab_ndaq_EVestmentMember_528FEB115AFD708EA8169FC250A8CB05" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">eVestment</link:label>
    <link:label id="lab_ndaq_EVestmentMember_528FEB115AFD708EA8169FC250A8CB05_label_en-US" xlink:label="lab_ndaq_EVestmentMember_528FEB115AFD708EA8169FC250A8CB05" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">eVestment [Member]</link:label>
    <link:label id="lab_ndaq_EVestmentMember_528FEB115AFD708EA8169FC250A8CB05_documentation_en-US" xlink:label="lab_ndaq_EVestmentMember_528FEB115AFD708EA8169FC250A8CB05" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">eVestment [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_EVestmentMember" xlink:label="loc_ndaq_EVestmentMember_528FEB115AFD708EA8169FC250A8CB05" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_EVestmentMember_528FEB115AFD708EA8169FC250A8CB05" xlink:to="lab_ndaq_EVestmentMember_528FEB115AFD708EA8169FC250A8CB05" xlink:type="arc" />
    <link:label id="lab_ndaq_ISEMember_41F25AD336CCE18634BEA06A7C32AD5B_terseLabel_en-US" xlink:label="lab_ndaq_ISEMember_41F25AD336CCE18634BEA06A7C32AD5B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ISE</link:label>
    <link:label id="lab_ndaq_ISEMember_41F25AD336CCE18634BEA06A7C32AD5B_label_en-US" xlink:label="lab_ndaq_ISEMember_41F25AD336CCE18634BEA06A7C32AD5B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">ISE [Member]</link:label>
    <link:label id="lab_ndaq_ISEMember_41F25AD336CCE18634BEA06A7C32AD5B_documentation_en-US" xlink:label="lab_ndaq_ISEMember_41F25AD336CCE18634BEA06A7C32AD5B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">ISE [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ISEMember" xlink:label="loc_ndaq_ISEMember_41F25AD336CCE18634BEA06A7C32AD5B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ISEMember_41F25AD336CCE18634BEA06A7C32AD5B" xlink:to="lab_ndaq_ISEMember_41F25AD336CCE18634BEA06A7C32AD5B" xlink:type="arc" />
    <link:label id="lab_ndaq_BoardvantageMember_83E4E22380F6FA75D0A89FC250A8B6B1_terseLabel_en-US" xlink:label="lab_ndaq_BoardvantageMember_83E4E22380F6FA75D0A89FC250A8B6B1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Boardvantage</link:label>
    <link:label id="lab_ndaq_BoardvantageMember_83E4E22380F6FA75D0A89FC250A8B6B1_label_en-US" xlink:label="lab_ndaq_BoardvantageMember_83E4E22380F6FA75D0A89FC250A8B6B1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Boardvantage [Member]</link:label>
    <link:label id="lab_ndaq_BoardvantageMember_83E4E22380F6FA75D0A89FC250A8B6B1_documentation_en-US" xlink:label="lab_ndaq_BoardvantageMember_83E4E22380F6FA75D0A89FC250A8B6B1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Boardvantage [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_BoardvantageMember" xlink:label="loc_ndaq_BoardvantageMember_83E4E22380F6FA75D0A89FC250A8B6B1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_BoardvantageMember_83E4E22380F6FA75D0A89FC250A8B6B1" xlink:to="lab_ndaq_BoardvantageMember_83E4E22380F6FA75D0A89FC250A8B6B1" xlink:type="arc" />
    <link:label id="lab_ndaq_MarketwiredMember_400F946759CF03FADAD2A07325329876_terseLabel_en-US" xlink:label="lab_ndaq_MarketwiredMember_400F946759CF03FADAD2A07325329876" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Marketwired</link:label>
    <link:label id="lab_ndaq_MarketwiredMember_400F946759CF03FADAD2A07325329876_label_en-US" xlink:label="lab_ndaq_MarketwiredMember_400F946759CF03FADAD2A07325329876" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Marketwired [Member]</link:label>
    <link:label id="lab_ndaq_MarketwiredMember_400F946759CF03FADAD2A07325329876_documentation_en-US" xlink:label="lab_ndaq_MarketwiredMember_400F946759CF03FADAD2A07325329876" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Marketwired [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_MarketwiredMember" xlink:label="loc_ndaq_MarketwiredMember_400F946759CF03FADAD2A07325329876" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_MarketwiredMember_400F946759CF03FADAD2A07325329876" xlink:to="lab_ndaq_MarketwiredMember_400F946759CF03FADAD2A07325329876" xlink:type="arc" />
    <link:label id="lab_ndaq_ChiXCanadaMember_B9E2A360C63A0C35BA90A07320CDFE85_verboseLabel_en-US" xlink:label="lab_ndaq_ChiXCanadaMember_B9E2A360C63A0C35BA90A07320CDFE85" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Nasdaq Canada</link:label>
    <link:label id="lab_ndaq_ChiXCanadaMember_B9E2A360C63A0C35BA90A07320CDFE85_label_en-US" xlink:label="lab_ndaq_ChiXCanadaMember_B9E2A360C63A0C35BA90A07320CDFE85" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Chi X Canada [Member]</link:label>
    <link:label id="lab_ndaq_ChiXCanadaMember_B9E2A360C63A0C35BA90A07320CDFE85_documentation_en-US" xlink:label="lab_ndaq_ChiXCanadaMember_B9E2A360C63A0C35BA90A07320CDFE85" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Chi-X Canada [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ChiXCanadaMember" xlink:label="loc_ndaq_ChiXCanadaMember_B9E2A360C63A0C35BA90A07320CDFE85" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ChiXCanadaMember_B9E2A360C63A0C35BA90A07320CDFE85" xlink:to="lab_ndaq_ChiXCanadaMember_B9E2A360C63A0C35BA90A07320CDFE85" xlink:type="arc" />
    <link:label id="lab_us-gaap_MeasurementInputTypeAxis_DD9568E959C6EED61D129FC250A84AF9_terseLabel_en-US" xlink:label="lab_us-gaap_MeasurementInputTypeAxis_DD9568E959C6EED61D129FC250A84AF9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Measurement Input Type [Axis]</link:label>
    <link:label id="lab_us-gaap_MeasurementInputTypeAxis_DD9568E959C6EED61D129FC250A84AF9_label_en-US" xlink:label="lab_us-gaap_MeasurementInputTypeAxis_DD9568E959C6EED61D129FC250A84AF9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Measurement Input Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_MeasurementInputTypeAxis" xlink:label="loc_us-gaap_MeasurementInputTypeAxis_DD9568E959C6EED61D129FC250A84AF9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MeasurementInputTypeAxis_DD9568E959C6EED61D129FC250A84AF9" xlink:to="lab_us-gaap_MeasurementInputTypeAxis_DD9568E959C6EED61D129FC250A84AF9" xlink:type="arc" />
    <link:label id="lab_us-gaap_MeasurementInputTypeDomain_50255E0C248A18120D499FC250A9D7A7_terseLabel_en-US" xlink:label="lab_us-gaap_MeasurementInputTypeDomain_50255E0C248A18120D499FC250A9D7A7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Measurement Input Type [Domain]</link:label>
    <link:label id="lab_us-gaap_MeasurementInputTypeDomain_50255E0C248A18120D499FC250A9D7A7_label_en-US" xlink:label="lab_us-gaap_MeasurementInputTypeDomain_50255E0C248A18120D499FC250A9D7A7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Measurement Input Type [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_MeasurementInputTypeDomain" xlink:label="loc_us-gaap_MeasurementInputTypeDomain_50255E0C248A18120D499FC250A9D7A7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MeasurementInputTypeDomain_50255E0C248A18120D499FC250A9D7A7" xlink:to="lab_us-gaap_MeasurementInputTypeDomain_50255E0C248A18120D499FC250A9D7A7" xlink:type="arc" />
    <link:label id="lab_us-gaap_MeasurementInputDiscountRateMember_4A7BE18054CD16BFF3CB9FC250A9733B_terseLabel_en-US" xlink:label="lab_us-gaap_MeasurementInputDiscountRateMember_4A7BE18054CD16BFF3CB9FC250A9733B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Discount rate used</link:label>
    <link:label id="lab_us-gaap_MeasurementInputDiscountRateMember_4A7BE18054CD16BFF3CB9FC250A9733B_label_en-US" xlink:label="lab_us-gaap_MeasurementInputDiscountRateMember_4A7BE18054CD16BFF3CB9FC250A9733B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Measurement Input, Discount Rate [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_MeasurementInputDiscountRateMember" xlink:label="loc_us-gaap_MeasurementInputDiscountRateMember_4A7BE18054CD16BFF3CB9FC250A9733B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MeasurementInputDiscountRateMember_4A7BE18054CD16BFF3CB9FC250A9733B" xlink:to="lab_us-gaap_MeasurementInputDiscountRateMember_4A7BE18054CD16BFF3CB9FC250A9733B" xlink:type="arc" />
    <link:label id="lab_ndaq_FiniteLivedAndIndefiniteLivedIntangibleAssetsLineItems_6FA703E9BC367754FF429FC250AB8229_terseLabel_en-US" xlink:label="lab_ndaq_FiniteLivedAndIndefiniteLivedIntangibleAssetsLineItems_6FA703E9BC367754FF429FC250AB8229" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Finite Lived And Indefinite Lived Intangible Assets [Line Items]</link:label>
    <link:label id="lab_ndaq_FiniteLivedAndIndefiniteLivedIntangibleAssetsLineItems_6FA703E9BC367754FF429FC250AB8229_label_en-US" xlink:label="lab_ndaq_FiniteLivedAndIndefiniteLivedIntangibleAssetsLineItems_6FA703E9BC367754FF429FC250AB8229" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite Lived And Indefinite Lived Intangible Assets [Line Items]</link:label>
    <link:label id="lab_ndaq_FiniteLivedAndIndefiniteLivedIntangibleAssetsLineItems_6FA703E9BC367754FF429FC250AB8229_documentation_en-US" xlink:label="lab_ndaq_FiniteLivedAndIndefiniteLivedIntangibleAssetsLineItems_6FA703E9BC367754FF429FC250AB8229" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Finite Lived And Indefinite Lived Intangible Assets [Line Items]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_FiniteLivedAndIndefiniteLivedIntangibleAssetsLineItems" xlink:label="loc_ndaq_FiniteLivedAndIndefiniteLivedIntangibleAssetsLineItems_6FA703E9BC367754FF429FC250AB8229" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_FiniteLivedAndIndefiniteLivedIntangibleAssetsLineItems_6FA703E9BC367754FF429FC250AB8229" xlink:to="lab_ndaq_FiniteLivedAndIndefiniteLivedIntangibleAssetsLineItems_6FA703E9BC367754FF429FC250AB8229" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIndefiniteLivedIntangibleAssets_14084BE1DEB26F34EB80A06A7BAA76FC_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIndefiniteLivedIntangibleAssets_14084BE1DEB26F34EB80A06A7BAA76FC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Intangible assets, indefinite-lived</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIndefiniteLivedIntangibleAssets_14084BE1DEB26F34EB80A06A7BAA76FC_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIndefiniteLivedIntangibleAssets_14084BE1DEB26F34EB80A06A7BAA76FC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIndefiniteLivedIntangibleAssets" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIndefiniteLivedIntangibleAssets_14084BE1DEB26F34EB80A06A7BAA76FC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIndefiniteLivedIntangibleAssets_14084BE1DEB26F34EB80A06A7BAA76FC" xlink:to="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIndefiniteLivedIntangibleAssets_14084BE1DEB26F34EB80A06A7BAA76FC" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles_57390361B492FE81F3AC9FC250AB5ACC_verboseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles_57390361B492FE81F3AC9FC250AB5ACC" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Intangible assets, finite-lived</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles_57390361B492FE81F3AC9FC250AB5ACC_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles_57390361B492FE81F3AC9FC250AB5ACC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles_57390361B492FE81F3AC9FC250AB5ACC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles_57390361B492FE81F3AC9FC250AB5ACC" xlink:to="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles_57390361B492FE81F3AC9FC250AB5ACC" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill_2B0152FB786B9E3336FEA06A7BDFDF43_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill_2B0152FB786B9E3336FEA06A7BDFDF43" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Identifiable assets acquired</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill_2B0152FB786B9E3336FEA06A7BDFDF43_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill_2B0152FB786B9E3336FEA06A7BDFDF43" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill_2B0152FB786B9E3336FEA06A7BDFDF43" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill_2B0152FB786B9E3336FEA06A7BDFDF43" xlink:to="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill_2B0152FB786B9E3336FEA06A7BDFDF43" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationContingentConsiderationLiabilityMeasurementInput_FAD42FB92640F50A9A3B9FC250AB96A2_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationContingentConsiderationLiabilityMeasurementInput_FAD42FB92640F50A9A3B9FC250AB96A2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Discount rate used</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationContingentConsiderationLiabilityMeasurementInput_FAD42FB92640F50A9A3B9FC250AB96A2_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationContingentConsiderationLiabilityMeasurementInput_FAD42FB92640F50A9A3B9FC250AB96A2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Contingent Consideration, Liability, Measurement Input</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_BusinessCombinationContingentConsiderationLiabilityMeasurementInput" xlink:label="loc_us-gaap_BusinessCombinationContingentConsiderationLiabilityMeasurementInput_FAD42FB92640F50A9A3B9FC250AB96A2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationContingentConsiderationLiabilityMeasurementInput_FAD42FB92640F50A9A3B9FC250AB96A2" xlink:to="lab_us-gaap_BusinessCombinationContingentConsiderationLiabilityMeasurementInput_FAD42FB92640F50A9A3B9FC250AB96A2" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1_2ED521B512B6322D2A8F9FC250ABDFA9_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1_2ED521B512B6322D2A8F9FC250ABDFA9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Estimated average useful life</link:label>
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1_2ED521B512B6322D2A8F9FC250ABDFA9_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1_2ED521B512B6322D2A8F9FC250ABDFA9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets, Remaining Amortization Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1_2ED521B512B6322D2A8F9FC250ABDFA9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1_2ED521B512B6322D2A8F9FC250ABDFA9" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1_2ED521B512B6322D2A8F9FC250ABDFA9" xlink:type="arc" />
    <link:label id="lab_ndaq_AmortizationPeriodOfIntangibleAssetsForTaxPurposes_1B31BCCB5E02CE4A94F89FC250AC26E2_terseLabel_en-US" xlink:label="lab_ndaq_AmortizationPeriodOfIntangibleAssetsForTaxPurposes_1B31BCCB5E02CE4A94F89FC250AC26E2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amortization period of intangible assets for tax purposes</link:label>
    <link:label id="lab_ndaq_AmortizationPeriodOfIntangibleAssetsForTaxPurposes_1B31BCCB5E02CE4A94F89FC250AC26E2_label_en-US" xlink:label="lab_ndaq_AmortizationPeriodOfIntangibleAssetsForTaxPurposes_1B31BCCB5E02CE4A94F89FC250AC26E2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amortization period of intangible assets for tax purposes</link:label>
    <link:label id="lab_ndaq_AmortizationPeriodOfIntangibleAssetsForTaxPurposes_1B31BCCB5E02CE4A94F89FC250AC26E2_documentation_en-US" xlink:label="lab_ndaq_AmortizationPeriodOfIntangibleAssetsForTaxPurposes_1B31BCCB5E02CE4A94F89FC250AC26E2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amortization period of intangible assets for tax purposes.</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_AmortizationPeriodOfIntangibleAssetsForTaxPurposes" xlink:label="loc_ndaq_AmortizationPeriodOfIntangibleAssetsForTaxPurposes_1B31BCCB5E02CE4A94F89FC250AC26E2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_AmortizationPeriodOfIntangibleAssetsForTaxPurposes_1B31BCCB5E02CE4A94F89FC250AC26E2" xlink:to="lab_ndaq_AmortizationPeriodOfIntangibleAssetsForTaxPurposes_1B31BCCB5E02CE4A94F89FC250AC26E2" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingSegmentsMember_1730BAFFC901162FF9A40226A7635CC7_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingSegmentsMember_1730BAFFC901162FF9A40226A7635CC7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating Segments</link:label>
    <link:label id="lab_us-gaap_OperatingSegmentsMember_1730BAFFC901162FF9A40226A7635CC7_label_en-US" xlink:label="lab_us-gaap_OperatingSegmentsMember_1730BAFFC901162FF9A40226A7635CC7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Segments [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingSegmentsMember" xlink:label="loc_us-gaap_OperatingSegmentsMember_1730BAFFC901162FF9A40226A7635CC7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingSegmentsMember_1730BAFFC901162FF9A40226A7635CC7" xlink:to="lab_us-gaap_OperatingSegmentsMember_1730BAFFC901162FF9A40226A7635CC7" xlink:type="arc" />
    <link:label id="lab_ndaq_MarketTechnologyMember_37609824C45CE9366DC90226A764D1B2_verboseLabel_en-US" xlink:label="lab_ndaq_MarketTechnologyMember_37609824C45CE9366DC90226A764D1B2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Market Technology</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_MarketTechnologyMember" xlink:label="loc_ndaq_MarketTechnologyMember_37609824C45CE9366DC90226A764D1B2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_MarketTechnologyMember_37609824C45CE9366DC90226A764D1B2" xlink:to="lab_ndaq_MarketTechnologyMember_37609824C45CE9366DC90226A764D1B2" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax_35D7425E487E571710F00226A76543D7_verboseLabel_en-US" xlink:label="lab_us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax_35D7425E487E571710F00226A76543D7" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Total revenues</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax" xlink:label="loc_us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax_35D7425E487E571710F00226A76543D7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax_35D7425E487E571710F00226A76543D7" xlink:to="lab_us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax_35D7425E487E571710F00226A76543D7" xlink:type="arc" />
    <link:label id="lab_us-gaap_CostOfRevenue_EA7448FCA7A5989202F40226A765A294_negatedLabel_en-US" xlink:label="lab_us-gaap_CostOfRevenue_EA7448FCA7A5989202F40226A765A294" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Transaction-based expenses</link:label>
    <link:label id="lab_us-gaap_CostOfRevenue_EA7448FCA7A5989202F40226A765A294_label_en-US" xlink:label="lab_us-gaap_CostOfRevenue_EA7448FCA7A5989202F40226A765A294" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cost of Revenue</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CostOfRevenue" xlink:label="loc_us-gaap_CostOfRevenue_EA7448FCA7A5989202F40226A765A294" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CostOfRevenue_EA7448FCA7A5989202F40226A765A294" xlink:to="lab_us-gaap_CostOfRevenue_EA7448FCA7A5989202F40226A765A294" xlink:type="arc" />
    <link:label id="lab_us-gaap_GrossProfit_1FE48E1AF67ADDE3C7590226A765E4EA_totalLabel_en-US" xlink:label="lab_us-gaap_GrossProfit_1FE48E1AF67ADDE3C7590226A765E4EA" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Revenues less transaction-based expenses</link:label>
    <link:label id="lab_us-gaap_GrossProfit_1FE48E1AF67ADDE3C7590226A765E4EA_label_en-US" xlink:label="lab_us-gaap_GrossProfit_1FE48E1AF67ADDE3C7590226A765E4EA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gross Profit</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_GrossProfit" xlink:label="loc_us-gaap_GrossProfit_1FE48E1AF67ADDE3C7590226A765E4EA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GrossProfit_1FE48E1AF67ADDE3C7590226A765E4EA" xlink:to="lab_us-gaap_GrossProfit_1FE48E1AF67ADDE3C7590226A765E4EA" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingIncomeLoss_C78579324D0B0E05AB190226A765B4B9_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingIncomeLoss_C78579324D0B0E05AB190226A765B4B9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating income (loss)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingIncomeLoss" xlink:label="loc_us-gaap_OperatingIncomeLoss_C78579324D0B0E05AB190226A765B4B9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingIncomeLoss_C78579324D0B0E05AB190226A765B4B9" xlink:to="lab_us-gaap_OperatingIncomeLoss_C78579324D0B0E05AB190226A765B4B9" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_67654D4E39FCFB27F0E20226A7661189_terseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_67654D4E39FCFB27F0E20226A7661189" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Purchase of property and equipment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_67654D4E39FCFB27F0E20226A7661189" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_67654D4E39FCFB27F0E20226A7661189" xlink:to="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_67654D4E39FCFB27F0E20226A7661189" xlink:type="arc" />
    <link:label id="lab_us-gaap_LetterOfCreditMember_59E63F38D592B39D6B9BC17E03FD4B1D_terseLabel_en-US" xlink:label="lab_us-gaap_LetterOfCreditMember_CC7404EEFB98556DB6B955BA03291E3A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Letter of Credit</link:label>
    <link:label id="lab_us-gaap_LetterOfCreditMember_59E63F38D592B39D6B9BC17E03FD4B1D_label_en-US" xlink:label="lab_us-gaap_LetterOfCreditMember_CC7404EEFB98556DB6B955BA03291E3A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Letter of Credit [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LetterOfCreditMember" xlink:label="loc_us-gaap_LetterOfCreditMember_CC7404EEFB98556DB6B955BA03291E3A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LetterOfCreditMember_CC7404EEFB98556DB6B955BA03291E3A" xlink:to="lab_us-gaap_LetterOfCreditMember_CC7404EEFB98556DB6B955BA03291E3A" xlink:type="arc" />
    <link:label id="lab_ndaq_ClearinghouseCreditFacilitiesMember_ADAA85ADFD80CCD1C5C1C17E03FEF8F1_terseLabel_en-US" xlink:label="lab_ndaq_ClearinghouseCreditFacilitiesMember_AD54E2521CBB5F548DCB8DAD79BCC139" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Clearinghouse Credit Facilities</link:label>
    <link:label id="lab_ndaq_ClearinghouseCreditFacilitiesMember_ADAA85ADFD80CCD1C5C1C17E03FEF8F1_label_en-US" xlink:label="lab_ndaq_ClearinghouseCreditFacilitiesMember_AD54E2521CBB5F548DCB8DAD79BCC139" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Clearinghouse Credit Facilities [Member]</link:label>
    <link:label id="lab_ndaq_ClearinghouseCreditFacilitiesMember_ADAA85ADFD80CCD1C5C1C17E03FEF8F1_documentation_en-US" xlink:label="lab_ndaq_ClearinghouseCreditFacilitiesMember_AD54E2521CBB5F548DCB8DAD79BCC139" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Clearinghouse Credit Facilities [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ClearinghouseCreditFacilitiesMember" xlink:label="loc_ndaq_ClearinghouseCreditFacilitiesMember_AD54E2521CBB5F548DCB8DAD79BCC139" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ClearinghouseCreditFacilitiesMember_AD54E2521CBB5F548DCB8DAD79BCC139" xlink:to="lab_ndaq_ClearinghouseCreditFacilitiesMember_AD54E2521CBB5F548DCB8DAD79BCC139" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfTreasuryStockByClassTextBlock_A9675F8DAE11280A40887CE760356246_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfTreasuryStockByClassTextBlock_16818910B83E56BA95DEB2C41BE1A865" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common Stock in Treasury, at Cost</link:label>
    <link:label id="lab_us-gaap_ScheduleOfTreasuryStockByClassTextBlock_A9675F8DAE11280A40887CE760356246_label_en-US" xlink:label="lab_us-gaap_ScheduleOfTreasuryStockByClassTextBlock_16818910B83E56BA95DEB2C41BE1A865" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class of Treasury Stock [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfTreasuryStockByClassTextBlock" xlink:label="loc_us-gaap_ScheduleOfTreasuryStockByClassTextBlock_16818910B83E56BA95DEB2C41BE1A865" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfTreasuryStockByClassTextBlock_16818910B83E56BA95DEB2C41BE1A865" xlink:to="lab_us-gaap_ScheduleOfTreasuryStockByClassTextBlock_16818910B83E56BA95DEB2C41BE1A865" xlink:type="arc" />
    <link:label id="lab_us-gaap_DividendsDeclaredTableTextBlock_446CFBC6CD7CBA12C0D47CE760356631_terseLabel_en-US" xlink:label="lab_us-gaap_DividendsDeclaredTableTextBlock_D202C66C59F55A21889C7A38F1957B80" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Dividends Declared</link:label>
    <link:label id="lab_us-gaap_DividendsDeclaredTableTextBlock_446CFBC6CD7CBA12C0D47CE760356631_label_en-US" xlink:label="lab_us-gaap_DividendsDeclaredTableTextBlock_D202C66C59F55A21889C7A38F1957B80" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends Declared [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DividendsDeclaredTableTextBlock" xlink:label="loc_us-gaap_DividendsDeclaredTableTextBlock_D202C66C59F55A21889C7A38F1957B80" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DividendsDeclaredTableTextBlock_D202C66C59F55A21889C7A38F1957B80" xlink:to="lab_us-gaap_DividendsDeclaredTableTextBlock_D202C66C59F55A21889C7A38F1957B80" xlink:type="arc" />
    <link:label id="lab_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercentOfMatch_85B7B439B0D0A1132C3BCD57168A682D_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercentOfMatch_85B7B439B0D0A1132C3BCD57168A682D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Employer contribution match, percent match</link:label>
    <link:label id="lab_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercentOfMatch_85B7B439B0D0A1132C3BCD57168A682D_label_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercentOfMatch_85B7B439B0D0A1132C3BCD57168A682D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Contribution Plan, Employer Matching Contribution, Percent of Match</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedContributionPlanEmployerMatchingContributionPercentOfMatch" xlink:label="loc_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercentOfMatch_85B7B439B0D0A1132C3BCD57168A682D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercentOfMatch_85B7B439B0D0A1132C3BCD57168A682D" xlink:to="lab_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercentOfMatch_85B7B439B0D0A1132C3BCD57168A682D" xlink:type="arc" />
    <link:label id="lab_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercent_C4FF19CF83CBDF149B89CD57168ABD1A_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercent_C4FF19CF83CBDF149B89CD57168ABD1A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Employer contribution match, percentage of employee contribution</link:label>
    <link:label id="lab_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercent_C4FF19CF83CBDF149B89CD57168ABD1A_label_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercent_C4FF19CF83CBDF149B89CD57168ABD1A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Contribution Plan, Employer Matching Contribution, Percent of Employees' Gross Pay</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedContributionPlanEmployerMatchingContributionPercent" xlink:label="loc_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercent_C4FF19CF83CBDF149B89CD57168ABD1A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercent_C4FF19CF83CBDF149B89CD57168ABD1A" xlink:to="lab_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercent_C4FF19CF83CBDF149B89CD57168ABD1A" xlink:type="arc" />
    <link:label id="lab_us-gaap_DefinedContributionPlanCostRecognized_C137215139B3134A239ECD57168A71E9_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanCostRecognized_C137215139B3134A239ECD57168A71E9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Defined contributions plan expense</link:label>
    <link:label id="lab_us-gaap_DefinedContributionPlanCostRecognized_C137215139B3134A239ECD57168A71E9_label_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanCostRecognized_C137215139B3134A239ECD57168A71E9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Contribution Plan, Cost</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedContributionPlanCostRecognized" xlink:label="loc_us-gaap_DefinedContributionPlanCostRecognized_C137215139B3134A239ECD57168A71E9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedContributionPlanCostRecognized_C137215139B3134A239ECD57168A71E9" xlink:to="lab_us-gaap_DefinedContributionPlanCostRecognized_C137215139B3134A239ECD57168A71E9" xlink:type="arc" />
    <link:label id="lab_us-gaap_PensionAndOtherPostretirementBenefitExpense_22DCD357E8A599370671CD57168B2676_terseLabel_en-US" xlink:label="lab_us-gaap_PensionAndOtherPostretirementBenefitExpense_22DCD357E8A599370671CD57168B2676" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cost or expenses included in compensation and benefit expense</link:label>
    <link:label id="lab_us-gaap_PensionAndOtherPostretirementBenefitExpense_22DCD357E8A599370671CD57168B2676_label_en-US" xlink:label="lab_us-gaap_PensionAndOtherPostretirementBenefitExpense_22DCD357E8A599370671CD57168B2676" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Pension and Other Postretirement Benefits Cost (Reversal of Cost)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PensionAndOtherPostretirementBenefitExpense" xlink:label="loc_us-gaap_PensionAndOtherPostretirementBenefitExpense_22DCD357E8A599370671CD57168B2676" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PensionAndOtherPostretirementBenefitExpense_22DCD357E8A599370671CD57168B2676" xlink:to="lab_us-gaap_PensionAndOtherPostretirementBenefitExpense_22DCD357E8A599370671CD57168B2676" xlink:type="arc" />
    <link:label id="lab_us-gaap_DefinedContributionPlanEmployerDiscretionaryContributionAmount_BA92E7197C4F4CB79FC6CD57168B0E5F_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanEmployerDiscretionaryContributionAmount_BA92E7197C4F4CB79FC6CD57168B0E5F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Employer contribution amount</link:label>
    <link:label id="lab_us-gaap_DefinedContributionPlanEmployerDiscretionaryContributionAmount_BA92E7197C4F4CB79FC6CD57168B0E5F_label_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanEmployerDiscretionaryContributionAmount_BA92E7197C4F4CB79FC6CD57168B0E5F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Contribution Plan, Employer Discretionary Contribution Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedContributionPlanEmployerDiscretionaryContributionAmount" xlink:label="loc_us-gaap_DefinedContributionPlanEmployerDiscretionaryContributionAmount_BA92E7197C4F4CB79FC6CD57168B0E5F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedContributionPlanEmployerDiscretionaryContributionAmount_BA92E7197C4F4CB79FC6CD57168B0E5F" xlink:to="lab_us-gaap_DefinedContributionPlanEmployerDiscretionaryContributionAmount_BA92E7197C4F4CB79FC6CD57168B0E5F" xlink:type="arc" />
    <link:label id="lab_ndaq_DefinedContributionPlanFundedPercentage_EF030B78AD6CE026606ECD57168B4B2A_terseLabel_en-US" xlink:label="lab_ndaq_DefinedContributionPlanFundedPercentage_EF030B78AD6CE026606ECD57168B4B2A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Plan funded percentage</link:label>
    <link:label id="lab_ndaq_DefinedContributionPlanFundedPercentage_EF030B78AD6CE026606ECD57168B4B2A_label_en-US" xlink:label="lab_ndaq_DefinedContributionPlanFundedPercentage_EF030B78AD6CE026606ECD57168B4B2A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Contribution Plan, Funded Percentage</link:label>
    <link:label id="lab_ndaq_DefinedContributionPlanFundedPercentage_EF030B78AD6CE026606ECD57168B4B2A_documentation_en-US" xlink:label="lab_ndaq_DefinedContributionPlanFundedPercentage_EF030B78AD6CE026606ECD57168B4B2A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Defined Contribution Plan, Funded Percentage</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_DefinedContributionPlanFundedPercentage" xlink:label="loc_ndaq_DefinedContributionPlanFundedPercentage_EF030B78AD6CE026606ECD57168B4B2A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_DefinedContributionPlanFundedPercentage_EF030B78AD6CE026606ECD57168B4B2A" xlink:to="lab_ndaq_DefinedContributionPlanFundedPercentage_EF030B78AD6CE026606ECD57168B4B2A" xlink:type="arc" />
    <link:label id="lab_us-gaap_DefinedBenefitPlanFundedStatusOfPlan_6F83FAEAE5E84FC50FE3CD57168BB9FB_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanFundedStatusOfPlan_6F83FAEAE5E84FC50FE3CD57168BB9FB" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Funded status, underfunded amount</link:label>
    <link:label id="lab_us-gaap_DefinedBenefitPlanFundedStatusOfPlan_6F83FAEAE5E84FC50FE3CD57168BB9FB_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanFundedStatusOfPlan_6F83FAEAE5E84FC50FE3CD57168BB9FB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan, Funded (Unfunded) Status of Plan</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedBenefitPlanFundedStatusOfPlan" xlink:label="loc_us-gaap_DefinedBenefitPlanFundedStatusOfPlan_6F83FAEAE5E84FC50FE3CD57168BB9FB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanFundedStatusOfPlan_6F83FAEAE5E84FC50FE3CD57168BB9FB" xlink:to="lab_us-gaap_DefinedBenefitPlanFundedStatusOfPlan_6F83FAEAE5E84FC50FE3CD57168BB9FB" xlink:type="arc" />
    <link:label id="lab_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_15BCA1DA22899906FE00CD57168B07FF_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_15BCA1DA22899906FE00CD57168B07FF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value of plan assets</link:label>
    <link:label id="lab_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_15BCA1DA22899906FE00CD57168B07FF_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_15BCA1DA22899906FE00CD57168B07FF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan, Plan Assets, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedBenefitPlanFairValueOfPlanAssets" xlink:label="loc_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_15BCA1DA22899906FE00CD57168B07FF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_15BCA1DA22899906FE00CD57168B07FF" xlink:to="lab_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_15BCA1DA22899906FE00CD57168B07FF" xlink:type="arc" />
    <link:label id="lab_us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation_FCF0F28C21698E7950E9CD57168C5638_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation_FCF0F28C21698E7950E9CD57168C5638" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Benefit obligation</link:label>
    <link:label id="lab_us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation_FCF0F28C21698E7950E9CD57168C5638_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation_FCF0F28C21698E7950E9CD57168C5638" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan, Accumulated Benefit Obligation</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation" xlink:label="loc_us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation_FCF0F28C21698E7950E9CD57168C5638" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation_FCF0F28C21698E7950E9CD57168C5638" xlink:to="lab_us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation_FCF0F28C21698E7950E9CD57168C5638" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax_DE7928F8F130DF56680ACD57168C722A_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax_DE7928F8F130DF56680ACD57168C722A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated other comprehensive loss for benefit plan</link:label>
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax_DE7928F8F130DF56680ACD57168C722A_label_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax_DE7928F8F130DF56680ACD57168C722A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax_DE7928F8F130DF56680ACD57168C722A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax_DE7928F8F130DF56680ACD57168C722A" xlink:to="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax_DE7928F8F130DF56680ACD57168C722A" xlink:type="arc" />
    <link:label id="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax_E7464E7E3B274ACA55ABCD57168C3D7B_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax_E7464E7E3B274ACA55ABCD57168C3D7B" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Unrecognized net loss</link:label>
    <link:label id="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax_E7464E7E3B274ACA55ABCD57168C3D7B_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax_E7464E7E3B274ACA55ABCD57168C3D7B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan, Accumulated Other Comprehensive Income (Loss), Gain (Loss), before Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax" xlink:label="loc_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax_E7464E7E3B274ACA55ABCD57168C3D7B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax_E7464E7E3B274ACA55ABCD57168C3D7B" xlink:to="lab_us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax_E7464E7E3B274ACA55ABCD57168C3D7B" xlink:type="arc" />
    <link:label id="lab_ndaq_OtherComprehensiveIncomeAccumulatedDefinedBenefitPlansTax_79538766B9632294DB66CD57168C4346_terseLabel_en-US" xlink:label="lab_ndaq_OtherComprehensiveIncomeAccumulatedDefinedBenefitPlansTax_79538766B9632294DB66CD57168C4346" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income tax benefit</link:label>
    <link:label id="lab_ndaq_OtherComprehensiveIncomeAccumulatedDefinedBenefitPlansTax_79538766B9632294DB66CD57168C4346_label_en-US" xlink:label="lab_ndaq_OtherComprehensiveIncomeAccumulatedDefinedBenefitPlansTax_79538766B9632294DB66CD57168C4346" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income Accumulated Defined Benefit Plans Tax</link:label>
    <link:label id="lab_ndaq_OtherComprehensiveIncomeAccumulatedDefinedBenefitPlansTax_79538766B9632294DB66CD57168C4346_documentation_en-US" xlink:label="lab_ndaq_OtherComprehensiveIncomeAccumulatedDefinedBenefitPlansTax_79538766B9632294DB66CD57168C4346" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Accumulated tax amount included in other comprehensive income that has not yet been recognized in net periodic benefit costs.</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_OtherComprehensiveIncomeAccumulatedDefinedBenefitPlansTax" xlink:label="loc_ndaq_OtherComprehensiveIncomeAccumulatedDefinedBenefitPlansTax_79538766B9632294DB66CD57168C4346" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_OtherComprehensiveIncomeAccumulatedDefinedBenefitPlansTax_79538766B9632294DB66CD57168C4346" xlink:to="lab_ndaq_OtherComprehensiveIncomeAccumulatedDefinedBenefitPlansTax_79538766B9632294DB66CD57168C4346" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_E428F13199E8501194B4EE86FDAD4BB4_label_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_E428F13199E8501194B4EE86FDAD4BB4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="loc_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_E428F13199E8501194B4EE86FDAD4BB4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_E428F13199E8501194B4EE86FDAD4BB4" xlink:to="lab_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_E428F13199E8501194B4EE86FDAD4BB4" xlink:type="arc" />
    <link:label id="lab_ndaq_CommitmentsAndContingenciesDisclosureTable_8BA1CAB944A2087BC5F6EE86FDAD2F77_terseLabel_en-US" xlink:label="lab_ndaq_CommitmentsAndContingenciesDisclosureTable_8BA1CAB944A2087BC5F6EE86FDAD2F77" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies Disclosure [Table]</link:label>
    <link:label id="lab_ndaq_CommitmentsAndContingenciesDisclosureTable_8BA1CAB944A2087BC5F6EE86FDAD2F77_label_en-US" xlink:label="lab_ndaq_CommitmentsAndContingenciesDisclosureTable_8BA1CAB944A2087BC5F6EE86FDAD2F77" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies Disclosure [Table]</link:label>
    <link:label id="lab_ndaq_CommitmentsAndContingenciesDisclosureTable_8BA1CAB944A2087BC5F6EE86FDAD2F77_documentation_en-US" xlink:label="lab_ndaq_CommitmentsAndContingenciesDisclosureTable_8BA1CAB944A2087BC5F6EE86FDAD2F77" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies Disclosure [Table]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_CommitmentsAndContingenciesDisclosureTable" xlink:label="loc_ndaq_CommitmentsAndContingenciesDisclosureTable_8BA1CAB944A2087BC5F6EE86FDAD2F77" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_CommitmentsAndContingenciesDisclosureTable_8BA1CAB944A2087BC5F6EE86FDAD2F77" xlink:to="lab_ndaq_CommitmentsAndContingenciesDisclosureTable_8BA1CAB944A2087BC5F6EE86FDAD2F77" xlink:type="arc" />
    <link:label id="lab_ndaq_OptionsClearingCorporationMember_88A86C10992F6C008EF1EE86FDAFC6B0_terseLabel_en-US" xlink:label="lab_ndaq_OptionsClearingCorporationMember_88A86C10992F6C008EF1EE86FDAFC6B0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">OCC</link:label>
    <link:label id="lab_ndaq_OptionsClearingCorporationMember_88A86C10992F6C008EF1EE86FDAFC6B0_label_en-US" xlink:label="lab_ndaq_OptionsClearingCorporationMember_88A86C10992F6C008EF1EE86FDAFC6B0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Options Clearing Corporation [Member]</link:label>
    <link:label id="lab_ndaq_OptionsClearingCorporationMember_88A86C10992F6C008EF1EE86FDAFC6B0_documentation_en-US" xlink:label="lab_ndaq_OptionsClearingCorporationMember_88A86C10992F6C008EF1EE86FDAFC6B0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Options Clearing Corporation [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_OptionsClearingCorporationMember" xlink:label="loc_ndaq_OptionsClearingCorporationMember_88A86C10992F6C008EF1EE86FDAFC6B0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_OptionsClearingCorporationMember_88A86C10992F6C008EF1EE86FDAFC6B0" xlink:to="lab_ndaq_OptionsClearingCorporationMember_88A86C10992F6C008EF1EE86FDAFC6B0" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherCommitmentsAxis_C72CCE97879B5FE34EEEEE86FDAF1542_terseLabel_en-US" xlink:label="lab_us-gaap_OtherCommitmentsAxis_C72CCE97879B5FE34EEEEE86FDAF1542" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Commitments [Axis]</link:label>
    <link:label id="lab_us-gaap_OtherCommitmentsAxis_C72CCE97879B5FE34EEEEE86FDAF1542_label_en-US" xlink:label="lab_us-gaap_OtherCommitmentsAxis_C72CCE97879B5FE34EEEEE86FDAF1542" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Commitments [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherCommitmentsAxis" xlink:label="loc_us-gaap_OtherCommitmentsAxis_C72CCE97879B5FE34EEEEE86FDAF1542" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherCommitmentsAxis_C72CCE97879B5FE34EEEEE86FDAF1542" xlink:to="lab_us-gaap_OtherCommitmentsAxis_C72CCE97879B5FE34EEEEE86FDAF1542" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherCommitmentsDomain_B528B7457DD16816186DEE86FDB0B8B0_terseLabel_en-US" xlink:label="lab_us-gaap_OtherCommitmentsDomain_B528B7457DD16816186DEE86FDB0B8B0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Commitments [Domain]</link:label>
    <link:label id="lab_us-gaap_OtherCommitmentsDomain_B528B7457DD16816186DEE86FDB0B8B0_label_en-US" xlink:label="lab_us-gaap_OtherCommitmentsDomain_B528B7457DD16816186DEE86FDB0B8B0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Commitments [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherCommitmentsDomain" xlink:label="loc_us-gaap_OtherCommitmentsDomain_B528B7457DD16816186DEE86FDB0B8B0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherCommitmentsDomain_B528B7457DD16816186DEE86FDB0B8B0" xlink:to="lab_us-gaap_OtherCommitmentsDomain_B528B7457DD16816186DEE86FDB0B8B0" xlink:type="arc" />
    <link:label id="lab_ndaq_ContributionOfEquityCapitalMember_A3C799450EAA02F5D662EE86FDB0C88A_terseLabel_en-US" xlink:label="lab_ndaq_ContributionOfEquityCapitalMember_A3C799450EAA02F5D662EE86FDB0C88A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contribution of Equity Capital</link:label>
    <link:label id="lab_ndaq_ContributionOfEquityCapitalMember_A3C799450EAA02F5D662EE86FDB0C88A_label_en-US" xlink:label="lab_ndaq_ContributionOfEquityCapitalMember_A3C799450EAA02F5D662EE86FDB0C88A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contribution Of Equity Capital [Member]</link:label>
    <link:label id="lab_ndaq_ContributionOfEquityCapitalMember_A3C799450EAA02F5D662EE86FDB0C88A_documentation_en-US" xlink:label="lab_ndaq_ContributionOfEquityCapitalMember_A3C799450EAA02F5D662EE86FDB0C88A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Contribution Of Equity Capital [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ContributionOfEquityCapitalMember" xlink:label="loc_ndaq_ContributionOfEquityCapitalMember_A3C799450EAA02F5D662EE86FDB0C88A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ContributionOfEquityCapitalMember_A3C799450EAA02F5D662EE86FDB0C88A" xlink:to="lab_ndaq_ContributionOfEquityCapitalMember_A3C799450EAA02F5D662EE86FDB0C88A" xlink:type="arc" />
    <link:label id="lab_srt_CounterpartyNameAxis_D9162CA4DC22EF75DF78EE86FDB052DF_terseLabel_en-US" xlink:label="lab_srt_CounterpartyNameAxis_D9162CA4DC22EF75DF78EE86FDB052DF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Counterparty Name [Axis]</link:label>
    <link:label id="lab_srt_CounterpartyNameAxis_D9162CA4DC22EF75DF78EE86FDB052DF_label_en-US" xlink:label="lab_srt_CounterpartyNameAxis_D9162CA4DC22EF75DF78EE86FDB052DF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Counterparty Name [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_CounterpartyNameAxis" xlink:label="loc_srt_CounterpartyNameAxis_D9162CA4DC22EF75DF78EE86FDB052DF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_CounterpartyNameAxis_D9162CA4DC22EF75DF78EE86FDB052DF" xlink:to="lab_srt_CounterpartyNameAxis_D9162CA4DC22EF75DF78EE86FDB052DF" xlink:type="arc" />
    <link:label id="lab_srt_RepurchaseAgreementCounterpartyNameDomain_8921A6AA9BA325304A27EE86FDB1234A_terseLabel_en-US" xlink:label="lab_srt_RepurchaseAgreementCounterpartyNameDomain_8921A6AA9BA325304A27EE86FDB1234A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Counterparty Name [Domain]</link:label>
    <link:label id="lab_srt_RepurchaseAgreementCounterpartyNameDomain_8921A6AA9BA325304A27EE86FDB1234A_label_en-US" xlink:label="lab_srt_RepurchaseAgreementCounterpartyNameDomain_8921A6AA9BA325304A27EE86FDB1234A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Counterparty Name [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_RepurchaseAgreementCounterpartyNameDomain" xlink:label="loc_srt_RepurchaseAgreementCounterpartyNameDomain_8921A6AA9BA325304A27EE86FDB1234A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_RepurchaseAgreementCounterpartyNameDomain_8921A6AA9BA325304A27EE86FDB1234A" xlink:to="lab_srt_RepurchaseAgreementCounterpartyNameDomain_8921A6AA9BA325304A27EE86FDB1234A" xlink:type="arc" />
    <link:label id="lab_ndaq_ICBCMember_363BFEF1A03D291E855CEE86FDB120BA_terseLabel_en-US" xlink:label="lab_ndaq_ICBCMember_363BFEF1A03D291E855CEE86FDB120BA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ICBC</link:label>
    <link:label id="lab_ndaq_ICBCMember_363BFEF1A03D291E855CEE86FDB120BA_label_en-US" xlink:label="lab_ndaq_ICBCMember_363BFEF1A03D291E855CEE86FDB120BA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">ICBC [Member]</link:label>
    <link:label id="lab_ndaq_ICBCMember_363BFEF1A03D291E855CEE86FDB120BA_documentation_en-US" xlink:label="lab_ndaq_ICBCMember_363BFEF1A03D291E855CEE86FDB120BA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">ICBC [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ICBCMember" xlink:label="loc_ndaq_ICBCMember_363BFEF1A03D291E855CEE86FDB120BA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ICBCMember_363BFEF1A03D291E855CEE86FDB120BA" xlink:to="lab_ndaq_ICBCMember_363BFEF1A03D291E855CEE86FDB120BA" xlink:type="arc" />
    <link:label id="lab_us-gaap_LossContingenciesByNatureOfContingencyAxis_07C4771B2A2DF51153BCEE86FDB21390_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingenciesByNatureOfContingencyAxis_07C4771B2A2DF51153BCEE86FDB21390" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loss Contingency Nature [Axis]</link:label>
    <link:label id="lab_us-gaap_LossContingenciesByNatureOfContingencyAxis_07C4771B2A2DF51153BCEE86FDB21390_label_en-US" xlink:label="lab_us-gaap_LossContingenciesByNatureOfContingencyAxis_07C4771B2A2DF51153BCEE86FDB21390" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loss Contingency Nature [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LossContingenciesByNatureOfContingencyAxis" xlink:label="loc_us-gaap_LossContingenciesByNatureOfContingencyAxis_07C4771B2A2DF51153BCEE86FDB21390" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LossContingenciesByNatureOfContingencyAxis_07C4771B2A2DF51153BCEE86FDB21390" xlink:to="lab_us-gaap_LossContingenciesByNatureOfContingencyAxis_07C4771B2A2DF51153BCEE86FDB21390" xlink:type="arc" />
    <link:label id="lab_us-gaap_LossContingencyNatureDomain_6DEDF5F18A02325B22C5EE86FDB31C51_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingencyNatureDomain_6DEDF5F18A02325B22C5EE86FDB31C51" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loss Contingency, Nature [Domain]</link:label>
    <link:label id="lab_us-gaap_LossContingencyNatureDomain_6DEDF5F18A02325B22C5EE86FDB31C51_label_en-US" xlink:label="lab_us-gaap_LossContingencyNatureDomain_6DEDF5F18A02325B22C5EE86FDB31C51" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loss Contingency, Nature [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LossContingencyNatureDomain" xlink:label="loc_us-gaap_LossContingencyNatureDomain_6DEDF5F18A02325B22C5EE86FDB31C51" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LossContingencyNatureDomain_6DEDF5F18A02325B22C5EE86FDB31C51" xlink:to="lab_us-gaap_LossContingencyNatureDomain_6DEDF5F18A02325B22C5EE86FDB31C51" xlink:type="arc" />
    <link:label id="lab_ndaq_EscrowAgreementMember_F653AA7D6D8E4BE7F00BEE86FDB4B388_terseLabel_en-US" xlink:label="lab_ndaq_EscrowAgreementMember_F653AA7D6D8E4BE7F00BEE86FDB4B388" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Escrow Agreement</link:label>
    <link:label id="lab_ndaq_EscrowAgreementMember_F653AA7D6D8E4BE7F00BEE86FDB4B388_label_en-US" xlink:label="lab_ndaq_EscrowAgreementMember_F653AA7D6D8E4BE7F00BEE86FDB4B388" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Escrow Agreement [Member]</link:label>
    <link:label id="lab_ndaq_EscrowAgreementMember_F653AA7D6D8E4BE7F00BEE86FDB4B388_documentation_en-US" xlink:label="lab_ndaq_EscrowAgreementMember_F653AA7D6D8E4BE7F00BEE86FDB4B388" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Escrow Agreement [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_EscrowAgreementMember" xlink:label="loc_ndaq_EscrowAgreementMember_F653AA7D6D8E4BE7F00BEE86FDB4B388" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_EscrowAgreementMember_F653AA7D6D8E4BE7F00BEE86FDB4B388" xlink:to="lab_ndaq_EscrowAgreementMember_F653AA7D6D8E4BE7F00BEE86FDB4B388" xlink:type="arc" />
    <link:label id="lab_ndaq_EspeedMember_5CF1228B880E3672832EEE86FDB40957_terseLabel_en-US" xlink:label="lab_ndaq_EspeedMember_5CF1228B880E3672832EEE86FDB40957" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">eSpeed</link:label>
    <link:label id="lab_ndaq_EspeedMember_5CF1228B880E3672832EEE86FDB40957_label_en-US" xlink:label="lab_ndaq_EspeedMember_5CF1228B880E3672832EEE86FDB40957" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Espeed [Member]</link:label>
    <link:label id="lab_ndaq_EspeedMember_5CF1228B880E3672832EEE86FDB40957_documentation_en-US" xlink:label="lab_ndaq_EspeedMember_5CF1228B880E3672832EEE86FDB40957" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">eSpeed [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_EspeedMember" xlink:label="loc_ndaq_EspeedMember_5CF1228B880E3672832EEE86FDB40957" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_EspeedMember_5CF1228B880E3672832EEE86FDB40957" xlink:to="lab_ndaq_EspeedMember_5CF1228B880E3672832EEE86FDB40957" xlink:type="arc" />
    <link:label id="lab_ndaq_OptionsClearingCorporationOCCMember_B87D24708C3F4223323AEE86FDB5EC09_terseLabel_en-US" xlink:label="lab_ndaq_OptionsClearingCorporationOCCMember_B87D24708C3F4223323AEE86FDB5EC09" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">OCC</link:label>
    <link:label id="lab_ndaq_OptionsClearingCorporationOCCMember_B87D24708C3F4223323AEE86FDB5EC09_label_en-US" xlink:label="lab_ndaq_OptionsClearingCorporationOCCMember_B87D24708C3F4223323AEE86FDB5EC09" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Options Clearing Corporation (OCC) [Member]</link:label>
    <link:label id="lab_ndaq_OptionsClearingCorporationOCCMember_B87D24708C3F4223323AEE86FDB5EC09_documentation_en-US" xlink:label="lab_ndaq_OptionsClearingCorporationOCCMember_B87D24708C3F4223323AEE86FDB5EC09" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Options Clearing Corporation (OCC) [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_OptionsClearingCorporationOCCMember" xlink:label="loc_ndaq_OptionsClearingCorporationOCCMember_B87D24708C3F4223323AEE86FDB5EC09" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_OptionsClearingCorporationOCCMember_B87D24708C3F4223323AEE86FDB5EC09" xlink:to="lab_ndaq_OptionsClearingCorporationOCCMember_B87D24708C3F4223323AEE86FDB5EC09" xlink:type="arc" />
    <link:label id="lab_ndaq_CommitmentsAndContingenciesDisclosureLineItems_91849447593536F830DAEE86FDB52F03_terseLabel_en-US" xlink:label="lab_ndaq_CommitmentsAndContingenciesDisclosureLineItems_91849447593536F830DAEE86FDB52F03" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies Disclosure [Line Items]</link:label>
    <link:label id="lab_ndaq_CommitmentsAndContingenciesDisclosureLineItems_91849447593536F830DAEE86FDB52F03_label_en-US" xlink:label="lab_ndaq_CommitmentsAndContingenciesDisclosureLineItems_91849447593536F830DAEE86FDB52F03" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies Disclosure [Line Items]</link:label>
    <link:label id="lab_ndaq_CommitmentsAndContingenciesDisclosureLineItems_91849447593536F830DAEE86FDB52F03_documentation_en-US" xlink:label="lab_ndaq_CommitmentsAndContingenciesDisclosureLineItems_91849447593536F830DAEE86FDB52F03" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies Disclosure [Line Items]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_CommitmentsAndContingenciesDisclosureLineItems" xlink:label="loc_ndaq_CommitmentsAndContingenciesDisclosureLineItems_91849447593536F830DAEE86FDB52F03" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_CommitmentsAndContingenciesDisclosureLineItems_91849447593536F830DAEE86FDB52F03" xlink:to="lab_ndaq_CommitmentsAndContingenciesDisclosureLineItems_91849447593536F830DAEE86FDB52F03" xlink:type="arc" />
    <link:label id="lab_ndaq_Financialguaranteesobtainedtoprovidefurtherliquidityanddefaultprotectionrelatedtoclearingbusinesses_9DB0BCDD2302E694B2D8EE86FDB5AE6F_terseLabel_en-US" xlink:label="lab_ndaq_Financialguaranteesobtainedtoprovidefurtherliquidityanddefaultprotectionrelatedtoclearingbusinesses_9DB0BCDD2302E694B2D8EE86FDB5AE6F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial guarantees obtained</link:label>
    <link:label id="lab_ndaq_Financialguaranteesobtainedtoprovidefurtherliquidityanddefaultprotectionrelatedtoclearingbusinesses_9DB0BCDD2302E694B2D8EE86FDB5AE6F_label_en-US" xlink:label="lab_ndaq_Financialguaranteesobtainedtoprovidefurtherliquidityanddefaultprotectionrelatedtoclearingbusinesses_9DB0BCDD2302E694B2D8EE86FDB5AE6F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial guarantees obtained to provide further liquidity and default protection related to clearing businesses</link:label>
    <link:label id="lab_ndaq_Financialguaranteesobtainedtoprovidefurtherliquidityanddefaultprotectionrelatedtoclearingbusinesses_9DB0BCDD2302E694B2D8EE86FDB5AE6F_documentation_en-US" xlink:label="lab_ndaq_Financialguaranteesobtainedtoprovidefurtherliquidityanddefaultprotectionrelatedtoclearingbusinesses_9DB0BCDD2302E694B2D8EE86FDB5AE6F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial guarantees obtained to provide further liquidity and default protection related to clearing businesses</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_Financialguaranteesobtainedtoprovidefurtherliquidityanddefaultprotectionrelatedtoclearingbusinesses" xlink:label="loc_ndaq_Financialguaranteesobtainedtoprovidefurtherliquidityanddefaultprotectionrelatedtoclearingbusinesses_9DB0BCDD2302E694B2D8EE86FDB5AE6F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_Financialguaranteesobtainedtoprovidefurtherliquidityanddefaultprotectionrelatedtoclearingbusinesses_9DB0BCDD2302E694B2D8EE86FDB5AE6F" xlink:to="lab_ndaq_Financialguaranteesobtainedtoprovidefurtherliquidityanddefaultprotectionrelatedtoclearingbusinesses_9DB0BCDD2302E694B2D8EE86FDB5AE6F" xlink:type="arc" />
    <link:label id="lab_ndaq_CreditFacilityAvailableLiquidity_4FA6E663129F2E56BFAAEE86FDB6E11B_terseLabel_en-US" xlink:label="lab_ndaq_CreditFacilityAvailableLiquidity_4FA6E663129F2E56BFAAEE86FDB6E11B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit facility, available liquidity</link:label>
    <link:label id="lab_ndaq_CreditFacilityAvailableLiquidity_4FA6E663129F2E56BFAAEE86FDB6E11B_label_en-US" xlink:label="lab_ndaq_CreditFacilityAvailableLiquidity_4FA6E663129F2E56BFAAEE86FDB6E11B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Facility Available Liquidity</link:label>
    <link:label id="lab_ndaq_CreditFacilityAvailableLiquidity_4FA6E663129F2E56BFAAEE86FDB6E11B_documentation_en-US" xlink:label="lab_ndaq_CreditFacilityAvailableLiquidity_4FA6E663129F2E56BFAAEE86FDB6E11B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Credit Facility Available Liquidity</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_CreditFacilityAvailableLiquidity" xlink:label="loc_ndaq_CreditFacilityAvailableLiquidity_4FA6E663129F2E56BFAAEE86FDB6E11B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_CreditFacilityAvailableLiquidity_4FA6E663129F2E56BFAAEE86FDB6E11B" xlink:to="lab_ndaq_CreditFacilityAvailableLiquidity_4FA6E663129F2E56BFAAEE86FDB6E11B" xlink:type="arc" />
    <link:label id="lab_us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations_6332DC077A7444169786EE86FDB682A7_terseLabel_en-US" xlink:label="lab_us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations_6332DC077A7444169786EE86FDB682A7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Margin deposits contributed to brokers</link:label>
    <link:label id="lab_us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations_6332DC077A7444169786EE86FDB682A7_label_en-US" xlink:label="lab_us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations_6332DC077A7444169786EE86FDB682A7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Receivables from Brokers-Dealers and Clearing Organizations</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations" xlink:label="loc_us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations_6332DC077A7444169786EE86FDB682A7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations_6332DC077A7444169786EE86FDB682A7" xlink:to="lab_us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizations_6332DC077A7444169786EE86FDB682A7" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesAcquisitions_D2C31CDF319AC9FA2E0EEE86FDB7CE32_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesAcquisitions_D2C31CDF319AC9FA2E0EEE86FDB7CE32" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contingent future issuance of common stock (in shares)</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesAcquisitions_D2C31CDF319AC9FA2E0EEE86FDB7CE32_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesAcquisitions_D2C31CDF319AC9FA2E0EEE86FDB7CE32" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Shares, Acquisitions</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesAcquisitions" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesAcquisitions_D2C31CDF319AC9FA2E0EEE86FDB7CE32" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesAcquisitions_D2C31CDF319AC9FA2E0EEE86FDB7CE32" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesAcquisitions_D2C31CDF319AC9FA2E0EEE86FDB7CE32" xlink:type="arc" />
    <link:label id="lab_ndaq_ConsolidatedAmountofRevenuerequiredtotriggerannualissuanceofNasdaqcommonstock_A77B9D8B4AC0A64C86C3EE86FDB7B2CC_terseLabel_en-US" xlink:label="lab_ndaq_ConsolidatedAmountofRevenuerequiredtotriggerannualissuanceofNasdaqcommonstock_A77B9D8B4AC0A64C86C3EE86FDB7B2CC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue required to trigger annual issuance of Nasdaq common stock</link:label>
    <link:label id="lab_ndaq_ConsolidatedAmountofRevenuerequiredtotriggerannualissuanceofNasdaqcommonstock_A77B9D8B4AC0A64C86C3EE86FDB7B2CC_label_en-US" xlink:label="lab_ndaq_ConsolidatedAmountofRevenuerequiredtotriggerannualissuanceofNasdaqcommonstock_A77B9D8B4AC0A64C86C3EE86FDB7B2CC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidated Amount of Revenue required to trigger annual issuance of Nasdaq common stock</link:label>
    <link:label id="lab_ndaq_ConsolidatedAmountofRevenuerequiredtotriggerannualissuanceofNasdaqcommonstock_A77B9D8B4AC0A64C86C3EE86FDB7B2CC_documentation_en-US" xlink:label="lab_ndaq_ConsolidatedAmountofRevenuerequiredtotriggerannualissuanceofNasdaqcommonstock_A77B9D8B4AC0A64C86C3EE86FDB7B2CC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Minimum amount of revenue required to trigger annual issuance of stock</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ConsolidatedAmountofRevenuerequiredtotriggerannualissuanceofNasdaqcommonstock" xlink:label="loc_ndaq_ConsolidatedAmountofRevenuerequiredtotriggerannualissuanceofNasdaqcommonstock_A77B9D8B4AC0A64C86C3EE86FDB7B2CC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ConsolidatedAmountofRevenuerequiredtotriggerannualissuanceofNasdaqcommonstock_A77B9D8B4AC0A64C86C3EE86FDB7B2CC" xlink:to="lab_ndaq_ConsolidatedAmountofRevenuerequiredtotriggerannualissuanceofNasdaqcommonstock_A77B9D8B4AC0A64C86C3EE86FDB7B2CC" xlink:type="arc" />
    <link:label id="lab_us-gaap_LossContingencyAccrualAtCarryingValue_BE4349AF1C84C5F8618FEE86FDB72F6C_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingencyAccrualAtCarryingValue_BE4349AF1C84C5F8618FEE86FDB72F6C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contingency, accrual</link:label>
    <link:label id="lab_us-gaap_LossContingencyAccrualAtCarryingValue_BE4349AF1C84C5F8618FEE86FDB72F6C_label_en-US" xlink:label="lab_us-gaap_LossContingencyAccrualAtCarryingValue_BE4349AF1C84C5F8618FEE86FDB72F6C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loss Contingency Accrual</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LossContingencyAccrualAtCarryingValue" xlink:label="loc_us-gaap_LossContingencyAccrualAtCarryingValue_BE4349AF1C84C5F8618FEE86FDB72F6C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LossContingencyAccrualAtCarryingValue_BE4349AF1C84C5F8618FEE86FDB72F6C" xlink:to="lab_us-gaap_LossContingencyAccrualAtCarryingValue_BE4349AF1C84C5F8618FEE86FDB72F6C" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_32BAF18AA5E866BD3ED6EE86FDB8E1E2_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_32BAF18AA5E866BD3ED6EE86FDB8E1E2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ownership percentage</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_32BAF18AA5E866BD3ED6EE86FDB8E1E2_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_32BAF18AA5E866BD3ED6EE86FDB8E1E2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Ownership Percentage</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EquityMethodInvestmentOwnershipPercentage" xlink:label="loc_us-gaap_EquityMethodInvestmentOwnershipPercentage_32BAF18AA5E866BD3ED6EE86FDB8E1E2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentOwnershipPercentage_32BAF18AA5E866BD3ED6EE86FDB8E1E2" xlink:to="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_32BAF18AA5E866BD3ED6EE86FDB8E1E2" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherCommitment_90766FC0D5647E23FEB8EE86FDB8F797_terseLabel_en-US" xlink:label="lab_us-gaap_OtherCommitment_90766FC0D5647E23FEB8EE86FDB8F797" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commitment contributions</link:label>
    <link:label id="lab_us-gaap_OtherCommitment_90766FC0D5647E23FEB8EE86FDB8F797_label_en-US" xlink:label="lab_us-gaap_OtherCommitment_90766FC0D5647E23FEB8EE86FDB8F797" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Commitment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherCommitment" xlink:label="loc_us-gaap_OtherCommitment_90766FC0D5647E23FEB8EE86FDB8F797" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherCommitment_90766FC0D5647E23FEB8EE86FDB8F797" xlink:to="lab_us-gaap_OtherCommitment_90766FC0D5647E23FEB8EE86FDB8F797" xlink:type="arc" />
    <link:label id="lab_ndaq_NumberOfNationalExchangesNamedAsDefendants_82CC63115F4748A2B5D9EE86FDB89183_terseLabel_en-US" xlink:label="lab_ndaq_NumberOfNationalExchangesNamedAsDefendants_82CC63115F4748A2B5D9EE86FDB89183" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">National exchanges named as defendants</link:label>
    <link:label id="lab_ndaq_NumberOfNationalExchangesNamedAsDefendants_82CC63115F4748A2B5D9EE86FDB89183_label_en-US" xlink:label="lab_ndaq_NumberOfNationalExchangesNamedAsDefendants_82CC63115F4748A2B5D9EE86FDB89183" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of National Exchanges Named As Defendants</link:label>
    <link:label id="lab_ndaq_NumberOfNationalExchangesNamedAsDefendants_82CC63115F4748A2B5D9EE86FDB89183_documentation_en-US" xlink:label="lab_ndaq_NumberOfNationalExchangesNamedAsDefendants_82CC63115F4748A2B5D9EE86FDB89183" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Of National Exchanges Named As Defendants</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_NumberOfNationalExchangesNamedAsDefendants" xlink:label="loc_ndaq_NumberOfNationalExchangesNamedAsDefendants_82CC63115F4748A2B5D9EE86FDB89183" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_NumberOfNationalExchangesNamedAsDefendants_82CC63115F4748A2B5D9EE86FDB89183" xlink:to="lab_ndaq_NumberOfNationalExchangesNamedAsDefendants_82CC63115F4748A2B5D9EE86FDB89183" xlink:type="arc" />
    <link:label id="lab_us-gaap_LossContingencyEstimateOfPossibleLoss_52B102B7C7619D508960EF0BB6F2B256_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingencyEstimateOfPossibleLoss_52B102B7C7619D508960EF0BB6F2B256" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Estimate of possible legal fees</link:label>
    <link:label id="lab_us-gaap_LossContingencyEstimateOfPossibleLoss_52B102B7C7619D508960EF0BB6F2B256_label_en-US" xlink:label="lab_us-gaap_LossContingencyEstimateOfPossibleLoss_52B102B7C7619D508960EF0BB6F2B256" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loss Contingency, Estimate of Possible Loss</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LossContingencyEstimateOfPossibleLoss" xlink:label="loc_us-gaap_LossContingencyEstimateOfPossibleLoss_52B102B7C7619D508960EF0BB6F2B256" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LossContingencyEstimateOfPossibleLoss_52B102B7C7619D508960EF0BB6F2B256" xlink:to="lab_us-gaap_LossContingencyEstimateOfPossibleLoss_52B102B7C7619D508960EF0BB6F2B256" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfGoodwillTextBlock_31787D05974C3E5206C4EE87004473CB_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfGoodwillTextBlock_31787D05974C3E5206C4EE87004473CB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Changes in Goodwill</link:label>
    <link:label id="lab_us-gaap_ScheduleOfGoodwillTextBlock_31787D05974C3E5206C4EE87004473CB_label_en-US" xlink:label="lab_us-gaap_ScheduleOfGoodwillTextBlock_31787D05974C3E5206C4EE87004473CB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Goodwill [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfGoodwillTextBlock" xlink:label="loc_us-gaap_ScheduleOfGoodwillTextBlock_31787D05974C3E5206C4EE87004473CB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfGoodwillTextBlock_31787D05974C3E5206C4EE87004473CB" xlink:to="lab_us-gaap_ScheduleOfGoodwillTextBlock_31787D05974C3E5206C4EE87004473CB" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfAcquiredFiniteLivedIntangibleAssetsByMajorClassTextBlock_7F6278119C2F5B008D21EE8700455C52_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfAcquiredFiniteLivedIntangibleAssetsByMajorClassTextBlock_7F6278119C2F5B008D21EE8700455C52" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Acquired Finite-Lived Intangible Assets</link:label>
    <link:label id="lab_us-gaap_ScheduleOfAcquiredFiniteLivedIntangibleAssetsByMajorClassTextBlock_7F6278119C2F5B008D21EE8700455C52_label_en-US" xlink:label="lab_us-gaap_ScheduleOfAcquiredFiniteLivedIntangibleAssetsByMajorClassTextBlock_7F6278119C2F5B008D21EE8700455C52" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Acquired Finite-Lived Intangible Assets by Major Class [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfAcquiredFiniteLivedIntangibleAssetsByMajorClassTextBlock" xlink:label="loc_us-gaap_ScheduleOfAcquiredFiniteLivedIntangibleAssetsByMajorClassTextBlock_7F6278119C2F5B008D21EE8700455C52" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfAcquiredFiniteLivedIntangibleAssetsByMajorClassTextBlock_7F6278119C2F5B008D21EE8700455C52" xlink:to="lab_us-gaap_ScheduleOfAcquiredFiniteLivedIntangibleAssetsByMajorClassTextBlock_7F6278119C2F5B008D21EE8700455C52" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfAcquiredIndefiniteLivedIntangibleAssetsByMajorClassTextBlock_7381592B7D8D11F0606BEE8700458A3D_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfAcquiredIndefiniteLivedIntangibleAssetsByMajorClassTextBlock_7381592B7D8D11F0606BEE8700458A3D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Acquired Indefinite-lived Intangible Assets</link:label>
    <link:label id="lab_us-gaap_ScheduleOfAcquiredIndefiniteLivedIntangibleAssetsByMajorClassTextBlock_7381592B7D8D11F0606BEE8700458A3D_label_en-US" xlink:label="lab_us-gaap_ScheduleOfAcquiredIndefiniteLivedIntangibleAssetsByMajorClassTextBlock_7381592B7D8D11F0606BEE8700458A3D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Acquired Indefinite-lived Intangible Assets by Major Class [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfAcquiredIndefiniteLivedIntangibleAssetsByMajorClassTextBlock" xlink:label="loc_us-gaap_ScheduleOfAcquiredIndefiniteLivedIntangibleAssetsByMajorClassTextBlock_7381592B7D8D11F0606BEE8700458A3D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfAcquiredIndefiniteLivedIntangibleAssetsByMajorClassTextBlock_7381592B7D8D11F0606BEE8700458A3D" xlink:to="lab_us-gaap_ScheduleOfAcquiredIndefiniteLivedIntangibleAssetsByMajorClassTextBlock_7381592B7D8D11F0606BEE8700458A3D" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock_1D14C6260470F1BCA7DEEE870045B3E8_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock_1D14C6260470F1BCA7DEEE870045B3E8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Estimated Future Amortization Expense</link:label>
    <link:label id="lab_us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock_1D14C6260470F1BCA7DEEE870045B3E8_label_en-US" xlink:label="lab_us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock_1D14C6260470F1BCA7DEEE870045B3E8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock" xlink:label="loc_us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock_1D14C6260470F1BCA7DEEE870045B3E8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock_1D14C6260470F1BCA7DEEE870045B3E8" xlink:to="lab_us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock_1D14C6260470F1BCA7DEEE870045B3E8" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock_8175C175062E98494B10EED618D05A69_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock_8175C175062E98494B10EED618D05A69" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Finite-Lived Intangible Assets [Table Text Block]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock_8175C175062E98494B10EED618D05A69_label_en-US" xlink:label="lab_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock_8175C175062E98494B10EED618D05A69" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Finite-Lived Intangible Assets [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock_8175C175062E98494B10EED618D05A69" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock_8175C175062E98494B10EED618D05A69" xlink:to="lab_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock_8175C175062E98494B10EED618D05A69" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTableTextBlock_C4CCEDE0231E925CDBB1EED6CD0211EC_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTableTextBlock_C4CCEDE0231E925CDBB1EED6CD0211EC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Indefinite-Lived Intangible Assets [Table Text Block]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTableTextBlock_C4CCEDE0231E925CDBB1EED6CD0211EC_label_en-US" xlink:label="lab_us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTableTextBlock_C4CCEDE0231E925CDBB1EED6CD0211EC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Indefinite-Lived Intangible Assets [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTableTextBlock_C4CCEDE0231E925CDBB1EED6CD0211EC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTableTextBlock_C4CCEDE0231E925CDBB1EED6CD0211EC" xlink:to="lab_us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTableTextBlock_C4CCEDE0231E925CDBB1EED6CD0211EC" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_E153B99B25E2B3B03282A101D580ADD3_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_E153B99B25E2B3B03282A101D580ADD3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2019</link:label>
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_E153B99B25E2B3B03282A101D580ADD3_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_E153B99B25E2B3B03282A101D580ADD3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_E153B99B25E2B3B03282A101D580ADD3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_E153B99B25E2B3B03282A101D580ADD3" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_E153B99B25E2B3B03282A101D580ADD3" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_0458E282AC883FE653E49FC2504FE27D_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_0458E282AC883FE653E49FC2504FE27D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2020</link:label>
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_0458E282AC883FE653E49FC2504FE27D_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_0458E282AC883FE653E49FC2504FE27D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets, Amortization Expense, Year Two</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_0458E282AC883FE653E49FC2504FE27D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_0458E282AC883FE653E49FC2504FE27D" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_0458E282AC883FE653E49FC2504FE27D" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_BFEADD62BE470AC996DB9FC2504F706C_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_BFEADD62BE470AC996DB9FC2504F706C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2021</link:label>
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_BFEADD62BE470AC996DB9FC2504F706C_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_BFEADD62BE470AC996DB9FC2504F706C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets, Amortization Expense, Year Three</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_BFEADD62BE470AC996DB9FC2504F706C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_BFEADD62BE470AC996DB9FC2504F706C" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_BFEADD62BE470AC996DB9FC2504F706C" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_E2AAEFEEADF52FAD9FC39FC2504F3840_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_E2AAEFEEADF52FAD9FC39FC2504F3840" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2022</link:label>
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_E2AAEFEEADF52FAD9FC39FC2504F3840_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_E2AAEFEEADF52FAD9FC39FC2504F3840" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets, Amortization Expense, Year Four</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_E2AAEFEEADF52FAD9FC39FC2504F3840" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_E2AAEFEEADF52FAD9FC39FC2504F3840" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_E2AAEFEEADF52FAD9FC39FC2504F3840" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_20DE5139E235C9A64AEE9FC2504F364F_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_20DE5139E235C9A64AEE9FC2504F364F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2023</link:label>
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_20DE5139E235C9A64AEE9FC2504F364F_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_20DE5139E235C9A64AEE9FC2504F364F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets, Amortization Expense, Year Five</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_20DE5139E235C9A64AEE9FC2504F364F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_20DE5139E235C9A64AEE9FC2504F364F" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_20DE5139E235C9A64AEE9FC2504F364F" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive_4DB7451CB9D4FE7AD9579FC25050D910_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive_4DB7451CB9D4FE7AD9579FC25050D910" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2024 and thereafter</link:label>
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive_4DB7451CB9D4FE7AD9579FC25050D910_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive_4DB7451CB9D4FE7AD9579FC25050D910" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite-Lived Intangible Assets, Amortization Expense, after Year Five</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive_4DB7451CB9D4FE7AD9579FC25050D910" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive_4DB7451CB9D4FE7AD9579FC25050D910" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive_4DB7451CB9D4FE7AD9579FC25050D910" xlink:type="arc" />
    <link:label id="lab_ndaq_FiniteLivedIntangibleAssetsNetExcludingForeignCurrencyTranslationAdjustment_2F079379B588BC08CFBC9FC25050CC26_totalLabel_en-US" xlink:label="lab_ndaq_FiniteLivedIntangibleAssetsNetExcludingForeignCurrencyTranslationAdjustment_2F079379B588BC08CFBC9FC25050CC26" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_ndaq_FiniteLivedIntangibleAssetsNetExcludingForeignCurrencyTranslationAdjustment_2F079379B588BC08CFBC9FC25050CC26_label_en-US" xlink:label="lab_ndaq_FiniteLivedIntangibleAssetsNetExcludingForeignCurrencyTranslationAdjustment_2F079379B588BC08CFBC9FC25050CC26" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finite Lived Intangible Assets Net Excluding Foreign Currency Translation Adjustment</link:label>
    <link:label id="lab_ndaq_FiniteLivedIntangibleAssetsNetExcludingForeignCurrencyTranslationAdjustment_2F079379B588BC08CFBC9FC25050CC26_documentation_en-US" xlink:label="lab_ndaq_FiniteLivedIntangibleAssetsNetExcludingForeignCurrencyTranslationAdjustment_2F079379B588BC08CFBC9FC25050CC26" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount after amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Excluding the impact of foreign currency translation adjustment.</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_FiniteLivedIntangibleAssetsNetExcludingForeignCurrencyTranslationAdjustment" xlink:label="loc_ndaq_FiniteLivedIntangibleAssetsNetExcludingForeignCurrencyTranslationAdjustment_2F079379B588BC08CFBC9FC25050CC26" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_FiniteLivedIntangibleAssetsNetExcludingForeignCurrencyTranslationAdjustment_2F079379B588BC08CFBC9FC25050CC26" xlink:to="lab_ndaq_FiniteLivedIntangibleAssetsNetExcludingForeignCurrencyTranslationAdjustment_2F079379B588BC08CFBC9FC25050CC26" xlink:type="arc" />
    <link:label id="lab_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward_F678DE2046D5F4CADF42EE86FDE9F710_terseLabel_en-US" xlink:label="lab_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward_F678DE2046D5F4CADF42EE86FDE9F710" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]</link:label>
    <link:label id="lab_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward_F678DE2046D5F4CADF42EE86FDE9F710_label_en-US" xlink:label="lab_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward_F678DE2046D5F4CADF42EE86FDE9F710" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward" xlink:label="loc_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward_F678DE2046D5F4CADF42EE86FDE9F710" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward_F678DE2046D5F4CADF42EE86FDE9F710" xlink:to="lab_us-gaap_ReconciliationOfUnrecognizedTaxBenefitsExcludingAmountsPertainingToExaminedTaxReturnsRollForward_F678DE2046D5F4CADF42EE86FDE9F710" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnrecognizedTaxBenefits_65ADA3B21ECB6507929EEE86FDE9BC87_periodStartLabel_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefits_65ADA3B21ECB6507929EEE86FDE9BC87" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance</link:label>
    <link:label id="lab_us-gaap_UnrecognizedTaxBenefits_65ADA3B21ECB6507929EEE86FDE9BC87_label_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefits_65ADA3B21ECB6507929EEE86FDE9BC87" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unrecognized Tax Benefits</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_UnrecognizedTaxBenefits" xlink:label="loc_us-gaap_UnrecognizedTaxBenefits_65ADA3B21ECB6507929EEE86FDE9BC87" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnrecognizedTaxBenefits_65ADA3B21ECB6507929EEE86FDE9BC87" xlink:to="lab_us-gaap_UnrecognizedTaxBenefits_65ADA3B21ECB6507929EEE86FDE9BC87" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions_A15CC23D0DEAEFAB5999EE86FDEA0CEE_terseLabel_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions_A15CC23D0DEAEFAB5999EE86FDEA0CEE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additions as a result of tax positions taken in prior periods</link:label>
    <link:label id="lab_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions_A15CC23D0DEAEFAB5999EE86FDEA0CEE_label_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions_A15CC23D0DEAEFAB5999EE86FDEA0CEE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unrecognized Tax Benefits, Increase Resulting from Prior Period Tax Positions</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions" xlink:label="loc_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions_A15CC23D0DEAEFAB5999EE86FDEA0CEE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions_A15CC23D0DEAEFAB5999EE86FDEA0CEE" xlink:to="lab_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions_A15CC23D0DEAEFAB5999EE86FDEA0CEE" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions_D052946114ACD13ECFC3EE86FDEAFB33_terseLabel_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions_D052946114ACD13ECFC3EE86FDEAFB33" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additions as a result of tax positions taken in the current period</link:label>
    <link:label id="lab_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions_D052946114ACD13ECFC3EE86FDEAFB33_label_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions_D052946114ACD13ECFC3EE86FDEAFB33" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unrecognized Tax Benefits, Increase Resulting from Current Period Tax Positions</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions" xlink:label="loc_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions_D052946114ACD13ECFC3EE86FDEAFB33" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions_D052946114ACD13ECFC3EE86FDEAFB33" xlink:to="lab_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions_D052946114ACD13ECFC3EE86FDEAFB33" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities_BF4CDACB74BC642C9BABEE86FDEA8951_negatedLabel_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities_BF4CDACB74BC642C9BABEE86FDEA8951" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Reductions related to settlements with taxing authorities</link:label>
    <link:label id="lab_us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities_BF4CDACB74BC642C9BABEE86FDEA8951_label_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities_BF4CDACB74BC642C9BABEE86FDEA8951" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unrecognized Tax Benefits, Decrease Resulting from Settlements with Taxing Authorities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities" xlink:label="loc_us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities_BF4CDACB74BC642C9BABEE86FDEA8951" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities_BF4CDACB74BC642C9BABEE86FDEA8951" xlink:to="lab_us-gaap_UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities_BF4CDACB74BC642C9BABEE86FDEA8951" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations_9FA6D2E1E5AB5EB86EC9EE86FDEB18AC_negatedLabel_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations_9FA6D2E1E5AB5EB86EC9EE86FDEB18AC" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Reductions as a result of lapses of the applicable statute of limitations</link:label>
    <link:label id="lab_us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations_9FA6D2E1E5AB5EB86EC9EE86FDEB18AC_label_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations_9FA6D2E1E5AB5EB86EC9EE86FDEB18AC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unrecognized Tax Benefits, Reduction Resulting from Lapse of Applicable Statute of Limitations</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations" xlink:label="loc_us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations_9FA6D2E1E5AB5EB86EC9EE86FDEB18AC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations_9FA6D2E1E5AB5EB86EC9EE86FDEB18AC" xlink:to="lab_us-gaap_UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations_9FA6D2E1E5AB5EB86EC9EE86FDEB18AC" xlink:type="arc" />
    <link:label id="lab_us-gaap_UnrecognizedTaxBenefits_367367A8407FCE493AACEE86FDEB8321_periodEndLabel_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefits_367367A8407FCE493AACEE86FDEB8321" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_UnrecognizedTaxBenefits" xlink:label="loc_us-gaap_UnrecognizedTaxBenefits_367367A8407FCE493AACEE86FDEB8321" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UnrecognizedTaxBenefits_367367A8407FCE493AACEE86FDEB8321" xlink:to="lab_us-gaap_UnrecognizedTaxBenefits_367367A8407FCE493AACEE86FDEB8321" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfGoodwillTable_49610BEF8B6CD07F2946EE87003E1940_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfGoodwillTable_49610BEF8B6CD07F2946EE87003E1940" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Goodwill [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfGoodwillTable_49610BEF8B6CD07F2946EE87003E1940_label_en-US" xlink:label="lab_us-gaap_ScheduleOfGoodwillTable_49610BEF8B6CD07F2946EE87003E1940" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Goodwill [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfGoodwillTable" xlink:label="loc_us-gaap_ScheduleOfGoodwillTable_49610BEF8B6CD07F2946EE87003E1940" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfGoodwillTable_49610BEF8B6CD07F2946EE87003E1940" xlink:to="lab_us-gaap_ScheduleOfGoodwillTable_49610BEF8B6CD07F2946EE87003E1940" xlink:type="arc" />
    <link:label id="lab_us-gaap_GoodwillLineItems_A42F1E6455B4B2C0E8BBEE87003F4700_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillLineItems_A42F1E6455B4B2C0E8BBEE87003F4700" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goodwill [Line Items]</link:label>
    <link:label id="lab_us-gaap_GoodwillLineItems_A42F1E6455B4B2C0E8BBEE87003F4700_label_en-US" xlink:label="lab_us-gaap_GoodwillLineItems_A42F1E6455B4B2C0E8BBEE87003F4700" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_GoodwillLineItems" xlink:label="loc_us-gaap_GoodwillLineItems_A42F1E6455B4B2C0E8BBEE87003F4700" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillLineItems_A42F1E6455B4B2C0E8BBEE87003F4700" xlink:to="lab_us-gaap_GoodwillLineItems_A42F1E6455B4B2C0E8BBEE87003F4700" xlink:type="arc" />
    <link:label id="lab_us-gaap_GoodwillRollForward_A61CCCCD43A6010CE407EE87003F81D7_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillRollForward_A61CCCCD43A6010CE407EE87003F81D7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goodwill [Roll Forward]</link:label>
    <link:label id="lab_us-gaap_GoodwillRollForward_A61CCCCD43A6010CE407EE87003F81D7_label_en-US" xlink:label="lab_us-gaap_GoodwillRollForward_A61CCCCD43A6010CE407EE87003F81D7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill [Roll Forward]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_GoodwillRollForward" xlink:label="loc_us-gaap_GoodwillRollForward_A61CCCCD43A6010CE407EE87003F81D7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillRollForward_A61CCCCD43A6010CE407EE87003F81D7" xlink:to="lab_us-gaap_GoodwillRollForward_A61CCCCD43A6010CE407EE87003F81D7" xlink:type="arc" />
    <link:label id="lab_us-gaap_Goodwill_3556E3119CBDE14ACB65EE870040E7E5_periodStartLabel_en-US" xlink:label="lab_us-gaap_Goodwill_3556E3119CBDE14ACB65EE870040E7E5" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Balance at beginning of period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_Goodwill" xlink:label="loc_us-gaap_Goodwill_3556E3119CBDE14ACB65EE870040E7E5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Goodwill_3556E3119CBDE14ACB65EE870040E7E5" xlink:to="lab_us-gaap_Goodwill_3556E3119CBDE14ACB65EE870040E7E5" xlink:type="arc" />
    <link:label id="lab_us-gaap_GoodwillAcquiredDuringPeriod_E5B998AD4B966DEDE2F5EE870040659C_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillAcquiredDuringPeriod_E5B998AD4B966DEDE2F5EE870040659C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goodwill acquired</link:label>
    <link:label id="lab_us-gaap_GoodwillAcquiredDuringPeriod_E5B998AD4B966DEDE2F5EE870040659C_label_en-US" xlink:label="lab_us-gaap_GoodwillAcquiredDuringPeriod_E5B998AD4B966DEDE2F5EE870040659C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill, Acquired During Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_GoodwillAcquiredDuringPeriod" xlink:label="loc_us-gaap_GoodwillAcquiredDuringPeriod_E5B998AD4B966DEDE2F5EE870040659C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillAcquiredDuringPeriod_E5B998AD4B966DEDE2F5EE870040659C" xlink:to="lab_us-gaap_GoodwillAcquiredDuringPeriod_E5B998AD4B966DEDE2F5EE870040659C" xlink:type="arc" />
    <link:label id="lab_us-gaap_GoodwillPurchaseAccountingAdjustments_1673CFDEA5C64D8151F8EE870040F0CD_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillPurchaseAccountingAdjustments_1673CFDEA5C64D8151F8EE870040F0CD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Measurement period adjustment</link:label>
    <link:label id="lab_us-gaap_GoodwillPurchaseAccountingAdjustments_1673CFDEA5C64D8151F8EE870040F0CD_label_en-US" xlink:label="lab_us-gaap_GoodwillPurchaseAccountingAdjustments_1673CFDEA5C64D8151F8EE870040F0CD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill, Purchase Accounting Adjustments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_GoodwillPurchaseAccountingAdjustments" xlink:label="loc_us-gaap_GoodwillPurchaseAccountingAdjustments_1673CFDEA5C64D8151F8EE870040F0CD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillPurchaseAccountingAdjustments_1673CFDEA5C64D8151F8EE870040F0CD" xlink:to="lab_us-gaap_GoodwillPurchaseAccountingAdjustments_1673CFDEA5C64D8151F8EE870040F0CD" xlink:type="arc" />
    <link:label id="lab_us-gaap_GoodwillTransfers_A888739D646C6A9C79EDEE8700404601_verboseLabel_en-US" xlink:label="lab_us-gaap_GoodwillTransfers_A888739D646C6A9C79EDEE8700404601" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Reclassification of goodwill</link:label>
    <link:label id="lab_us-gaap_GoodwillTransfers_A888739D646C6A9C79EDEE8700404601_label_en-US" xlink:label="lab_us-gaap_GoodwillTransfers_A888739D646C6A9C79EDEE8700404601" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill, Transfers</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_GoodwillTransfers" xlink:label="loc_us-gaap_GoodwillTransfers_A888739D646C6A9C79EDEE8700404601" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillTransfers_A888739D646C6A9C79EDEE8700404601" xlink:to="lab_us-gaap_GoodwillTransfers_A888739D646C6A9C79EDEE8700404601" xlink:type="arc" />
    <link:label id="lab_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit_387FEDF565E79BE3A565EECE45D3B50F_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit_387FEDF565E79BE3A565EECE45D3B50F" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Goodwill reclassified to held for sale</link:label>
    <link:label id="lab_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit_387FEDF565E79BE3A565EECE45D3B50F_label_en-US" xlink:label="lab_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit_387FEDF565E79BE3A565EECE45D3B50F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill, Written off Related to Sale of Business Unit</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit" xlink:label="loc_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit_387FEDF565E79BE3A565EECE45D3B50F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit_387FEDF565E79BE3A565EECE45D3B50F" xlink:to="lab_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit_387FEDF565E79BE3A565EECE45D3B50F" xlink:type="arc" />
    <link:label id="lab_us-gaap_GoodwillForeignCurrencyTranslationGainLoss_E315ACEFA73E3AA449FDEE8700417F22_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_GoodwillForeignCurrencyTranslationGainLoss_E315ACEFA73E3AA449FDEE8700417F22" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Foreign currency translation adjustment</link:label>
    <link:label id="lab_us-gaap_GoodwillForeignCurrencyTranslationGainLoss_E315ACEFA73E3AA449FDEE8700417F22_label_en-US" xlink:label="lab_us-gaap_GoodwillForeignCurrencyTranslationGainLoss_E315ACEFA73E3AA449FDEE8700417F22" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill, Foreign Currency Translation Gain (Loss)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_GoodwillForeignCurrencyTranslationGainLoss" xlink:label="loc_us-gaap_GoodwillForeignCurrencyTranslationGainLoss_E315ACEFA73E3AA449FDEE8700417F22" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillForeignCurrencyTranslationGainLoss_E315ACEFA73E3AA449FDEE8700417F22" xlink:to="lab_us-gaap_GoodwillForeignCurrencyTranslationGainLoss_E315ACEFA73E3AA449FDEE8700417F22" xlink:type="arc" />
    <link:label id="lab_us-gaap_Goodwill_170DDCE94D4276CF2282EE8700412916_periodEndLabel_en-US" xlink:label="lab_us-gaap_Goodwill_170DDCE94D4276CF2282EE8700412916" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Balance at end of period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_Goodwill" xlink:label="loc_us-gaap_Goodwill_170DDCE94D4276CF2282EE8700412916" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Goodwill_170DDCE94D4276CF2282EE8700412916" xlink:to="lab_us-gaap_Goodwill_170DDCE94D4276CF2282EE8700412916" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_2746606F4A2E9332A97F7CE75F284245_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_A31F8000D2415D49847FBEDBF2FE55D6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Computation of Basic and Diluted Earnings Per Share</link:label>
    <link:label id="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_2746606F4A2E9332A97F7CE75F284245_label_en-US" xlink:label="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_A31F8000D2415D49847FBEDBF2FE55D6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_A31F8000D2415D49847FBEDBF2FE55D6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_A31F8000D2415D49847FBEDBF2FE55D6" xlink:to="lab_us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_A31F8000D2415D49847FBEDBF2FE55D6" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_6CC0B09D8D3A7FD22171EE86FEDB8E1B_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_6CC0B09D8D3A7FD22171EE86FEDB8E1B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value Measurements, Recurring and Nonrecurring [Table]</link:label>
    <link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_6CC0B09D8D3A7FD22171EE86FEDB8E1B_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_6CC0B09D8D3A7FD22171EE86FEDB8E1B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Measurements, Recurring and Nonrecurring [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_6CC0B09D8D3A7FD22171EE86FEDB8E1B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_6CC0B09D8D3A7FD22171EE86FEDB8E1B" xlink:to="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_6CC0B09D8D3A7FD22171EE86FEDB8E1B" xlink:type="arc" />
    <link:label id="lab_us-gaap_ForeignGovernmentDebtSecuritiesMember_48EA78069969E4FCFE58EE86FEDC41AE_terseLabel_en-US" xlink:label="lab_us-gaap_ForeignGovernmentDebtSecuritiesMember_48EA78069969E4FCFE58EE86FEDC41AE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign Government Debt Securities</link:label>
    <link:label id="lab_us-gaap_ForeignGovernmentDebtSecuritiesMember_48EA78069969E4FCFE58EE86FEDC41AE_label_en-US" xlink:label="lab_us-gaap_ForeignGovernmentDebtSecuritiesMember_48EA78069969E4FCFE58EE86FEDC41AE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Security, Government, Non-US [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ForeignGovernmentDebtSecuritiesMember" xlink:label="loc_us-gaap_ForeignGovernmentDebtSecuritiesMember_48EA78069969E4FCFE58EE86FEDC41AE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ForeignGovernmentDebtSecuritiesMember_48EA78069969E4FCFE58EE86FEDC41AE" xlink:to="lab_us-gaap_ForeignGovernmentDebtSecuritiesMember_48EA78069969E4FCFE58EE86FEDC41AE" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueByMeasurementFrequencyAxis_0B86E22A76327C821E56EE86FEDCE77A_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByMeasurementFrequencyAxis_0B86E22A76327C821E56EE86FEDCE77A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Measurement Frequency [Axis]</link:label>
    <link:label id="lab_us-gaap_FairValueByMeasurementFrequencyAxis_0B86E22A76327C821E56EE86FEDCE77A_label_en-US" xlink:label="lab_us-gaap_FairValueByMeasurementFrequencyAxis_0B86E22A76327C821E56EE86FEDCE77A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Measurement Frequency [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FairValueByMeasurementFrequencyAxis" xlink:label="loc_us-gaap_FairValueByMeasurementFrequencyAxis_0B86E22A76327C821E56EE86FEDCE77A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueByMeasurementFrequencyAxis_0B86E22A76327C821E56EE86FEDCE77A" xlink:to="lab_us-gaap_FairValueByMeasurementFrequencyAxis_0B86E22A76327C821E56EE86FEDCE77A" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueMeasurementFrequencyDomain_247B71DA5154BA4F990BEE86FEDDB7FC_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementFrequencyDomain_247B71DA5154BA4F990BEE86FEDDB7FC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Measurement Frequency [Domain]</link:label>
    <link:label id="lab_us-gaap_FairValueMeasurementFrequencyDomain_247B71DA5154BA4F990BEE86FEDDB7FC_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementFrequencyDomain_247B71DA5154BA4F990BEE86FEDDB7FC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Measurement Frequency [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FairValueMeasurementFrequencyDomain" xlink:label="loc_us-gaap_FairValueMeasurementFrequencyDomain_247B71DA5154BA4F990BEE86FEDDB7FC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementFrequencyDomain_247B71DA5154BA4F990BEE86FEDDB7FC" xlink:to="lab_us-gaap_FairValueMeasurementFrequencyDomain_247B71DA5154BA4F990BEE86FEDDB7FC" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueMeasurementsRecurringMember_6FB947E2CC43AC904C57EE86FEDDA4D1_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsRecurringMember_6FB947E2CC43AC904C57EE86FEDDA4D1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Measurements, Recurring</link:label>
    <link:label id="lab_us-gaap_FairValueMeasurementsRecurringMember_6FB947E2CC43AC904C57EE86FEDDA4D1_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsRecurringMember_6FB947E2CC43AC904C57EE86FEDDA4D1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Measurements, Recurring [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FairValueMeasurementsRecurringMember" xlink:label="loc_us-gaap_FairValueMeasurementsRecurringMember_6FB947E2CC43AC904C57EE86FEDDA4D1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementsRecurringMember_6FB947E2CC43AC904C57EE86FEDDA4D1" xlink:to="lab_us-gaap_FairValueMeasurementsRecurringMember_6FB947E2CC43AC904C57EE86FEDDA4D1" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueMeasurementsNonrecurringMember_16AED0B43CF66CF9F7A7EE86FEDDC3BC_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsNonrecurringMember_16AED0B43CF66CF9F7A7EE86FEDDC3BC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Measurements, Nonrecurring</link:label>
    <link:label id="lab_us-gaap_FairValueMeasurementsNonrecurringMember_16AED0B43CF66CF9F7A7EE86FEDDC3BC_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsNonrecurringMember_16AED0B43CF66CF9F7A7EE86FEDDC3BC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Measurements, Nonrecurring [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FairValueMeasurementsNonrecurringMember" xlink:label="loc_us-gaap_FairValueMeasurementsNonrecurringMember_16AED0B43CF66CF9F7A7EE86FEDDC3BC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementsNonrecurringMember_16AED0B43CF66CF9F7A7EE86FEDDC3BC" xlink:to="lab_us-gaap_FairValueMeasurementsNonrecurringMember_16AED0B43CF66CF9F7A7EE86FEDDC3BC" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_3A9975E85E5341CEDEEBEE86FEDD77F0_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_3A9975E85E5341CEDEEBEE86FEDD77F0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value Hierarchy and NAV [Axis]</link:label>
    <link:label id="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_3A9975E85E5341CEDEEBEE86FEDD77F0_label_en-US" xlink:label="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_3A9975E85E5341CEDEEBEE86FEDD77F0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Hierarchy and NAV [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_3A9975E85E5341CEDEEBEE86FEDD77F0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_3A9975E85E5341CEDEEBEE86FEDD77F0" xlink:to="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_3A9975E85E5341CEDEEBEE86FEDD77F0" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_BFDE5D23D0E021557807EE86FEDD5746_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_BFDE5D23D0E021557807EE86FEDD5746" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value Hierarchy and NAV [Domain]</link:label>
    <link:label id="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_BFDE5D23D0E021557807EE86FEDD5746_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_BFDE5D23D0E021557807EE86FEDD5746" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Hierarchy and NAV [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_BFDE5D23D0E021557807EE86FEDD5746" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_BFDE5D23D0E021557807EE86FEDD5746" xlink:to="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_BFDE5D23D0E021557807EE86FEDD5746" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueInputsLevel2Member_B2DEB7F310A1105DBE7DEE86FEDE012F_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel2Member_B2DEB7F310A1105DBE7DEE86FEDE012F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Level 2</link:label>
    <link:label id="lab_us-gaap_FairValueInputsLevel2Member_B2DEB7F310A1105DBE7DEE86FEDE012F_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel2Member_B2DEB7F310A1105DBE7DEE86FEDE012F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Inputs, Level 2 [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="loc_us-gaap_FairValueInputsLevel2Member_B2DEB7F310A1105DBE7DEE86FEDE012F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsLevel2Member_B2DEB7F310A1105DBE7DEE86FEDE012F" xlink:to="lab_us-gaap_FairValueInputsLevel2Member_B2DEB7F310A1105DBE7DEE86FEDE012F" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_493F805862BF3304AA39EE86FEDE890B_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_493F805862BF3304AA39EE86FEDE890B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</link:label>
    <link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_493F805862BF3304AA39EE86FEDE890B_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_493F805862BF3304AA39EE86FEDE890B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_493F805862BF3304AA39EE86FEDE890B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_493F805862BF3304AA39EE86FEDE890B" xlink:to="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_493F805862BF3304AA39EE86FEDE890B" xlink:type="arc" />
    <link:label id="lab_us-gaap_TradingSecurities_533B22CA1DEE6D9CF70BEE86FEDE1381_terseLabel_en-US" xlink:label="lab_us-gaap_TradingSecurities_533B22CA1DEE6D9CF70BEE86FEDE1381" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trading securities</link:label>
    <link:label id="lab_us-gaap_TradingSecurities_533B22CA1DEE6D9CF70BEE86FEDE1381_label_en-US" xlink:label="lab_us-gaap_TradingSecurities_533B22CA1DEE6D9CF70BEE86FEDE1381" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Trading, and Equity Securities, FV-NI</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_TradingSecurities" xlink:label="loc_us-gaap_TradingSecurities_533B22CA1DEE6D9CF70BEE86FEDE1381" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TradingSecurities_533B22CA1DEE6D9CF70BEE86FEDE1381" xlink:to="lab_us-gaap_TradingSecurities_533B22CA1DEE6D9CF70BEE86FEDE1381" xlink:type="arc" />
    <link:label id="lab_ndaq_OtherFinancialLiabilitiesFairValueDisclosure_F8B23746E1AB74BDB81CEE86FEDE73CC_terseLabel_en-US" xlink:label="lab_ndaq_OtherFinancialLiabilitiesFairValueDisclosure_F8B23746E1AB74BDB81CEE86FEDE73CC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other financial instruments</link:label>
    <link:label id="lab_ndaq_OtherFinancialLiabilitiesFairValueDisclosure_F8B23746E1AB74BDB81CEE86FEDE73CC_label_en-US" xlink:label="lab_ndaq_OtherFinancialLiabilitiesFairValueDisclosure_F8B23746E1AB74BDB81CEE86FEDE73CC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Financial Liabilities, Fair Value Disclosure</link:label>
    <link:label id="lab_ndaq_OtherFinancialLiabilitiesFairValueDisclosure_F8B23746E1AB74BDB81CEE86FEDE73CC_documentation_en-US" xlink:label="lab_ndaq_OtherFinancialLiabilitiesFairValueDisclosure_F8B23746E1AB74BDB81CEE86FEDE73CC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Financial Liabilities, Fair Value Disclosure</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_OtherFinancialLiabilitiesFairValueDisclosure" xlink:label="loc_ndaq_OtherFinancialLiabilitiesFairValueDisclosure_F8B23746E1AB74BDB81CEE86FEDE73CC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_OtherFinancialLiabilitiesFairValueDisclosure_F8B23746E1AB74BDB81CEE86FEDE73CC" xlink:to="lab_ndaq_OtherFinancialLiabilitiesFairValueDisclosure_F8B23746E1AB74BDB81CEE86FEDE73CC" xlink:type="arc" />
    <link:label id="lab_us-gaap_LongTermDebtFairValue_3717158538826C47ECE4EE86FEDE4872_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtFairValue_3717158538826C47ECE4EE86FEDE4872" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value of debt utilizing discounted cash flow analyses</link:label>
    <link:label id="lab_us-gaap_LongTermDebtFairValue_3717158538826C47ECE4EE86FEDE4872_label_en-US" xlink:label="lab_us-gaap_LongTermDebtFairValue_3717158538826C47ECE4EE86FEDE4872" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LongTermDebtFairValue" xlink:label="loc_us-gaap_LongTermDebtFairValue_3717158538826C47ECE4EE86FEDE4872" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtFairValue_3717158538826C47ECE4EE86FEDE4872" xlink:to="lab_us-gaap_LongTermDebtFairValue_3717158538826C47ECE4EE86FEDE4872" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock_6A89B27A9D0C0B89327EB53E31CB1D17_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock_74EF48467CA1569AA89586861C628EDA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of carrying amounts of assets and liabilities classified as held for sale</link:label>
    <link:label id="lab_us-gaap_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock_6A89B27A9D0C0B89327EB53E31CB1D17_label_en-US" xlink:label="lab_us-gaap_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock_74EF48467CA1569AA89586861C628EDA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal Groups, Including Discontinued Operations [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock" xlink:label="loc_us-gaap_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock_74EF48467CA1569AA89586861C628EDA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock_74EF48467CA1569AA89586861C628EDA" xlink:to="lab_us-gaap_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock_74EF48467CA1569AA89586861C628EDA" xlink:type="arc" />
    <link:label id="lab_us-gaap_DisaggregationOfRevenueTable_28E96C114789B0C55465EE86FFF0AF51_terseLabel_en-US" xlink:label="lab_us-gaap_DisaggregationOfRevenueTable_28E96C114789B0C55465EE86FFF0AF51" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disaggregation of Revenue [Table]</link:label>
    <link:label id="lab_us-gaap_DisaggregationOfRevenueTable_28E96C114789B0C55465EE86FFF0AF51_label_en-US" xlink:label="lab_us-gaap_DisaggregationOfRevenueTable_28E96C114789B0C55465EE86FFF0AF51" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disaggregation of Revenue [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DisaggregationOfRevenueTable" xlink:label="loc_us-gaap_DisaggregationOfRevenueTable_28E96C114789B0C55465EE86FFF0AF51" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DisaggregationOfRevenueTable_28E96C114789B0C55465EE86FFF0AF51" xlink:to="lab_us-gaap_DisaggregationOfRevenueTable_28E96C114789B0C55465EE86FFF0AF51" xlink:type="arc" />
    <link:label id="lab_ndaq_InitialListingFeesMember_ECDAFDC520792FEB07F7EE86FFF1D639_terseLabel_en-US" xlink:label="lab_ndaq_InitialListingFeesMember_ECDAFDC520792FEB07F7EE86FFF1D639" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Initial Listing Revenues</link:label>
    <link:label id="lab_ndaq_InitialListingFeesMember_ECDAFDC520792FEB07F7EE86FFF1D639_label_en-US" xlink:label="lab_ndaq_InitialListingFeesMember_ECDAFDC520792FEB07F7EE86FFF1D639" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Initial Listing Fees [Member]</link:label>
    <link:label id="lab_ndaq_InitialListingFeesMember_ECDAFDC520792FEB07F7EE86FFF1D639_documentation_en-US" xlink:label="lab_ndaq_InitialListingFeesMember_ECDAFDC520792FEB07F7EE86FFF1D639" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Initial Listing Fees [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_InitialListingFeesMember" xlink:label="loc_ndaq_InitialListingFeesMember_ECDAFDC520792FEB07F7EE86FFF1D639" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_InitialListingFeesMember_ECDAFDC520792FEB07F7EE86FFF1D639" xlink:to="lab_ndaq_InitialListingFeesMember_ECDAFDC520792FEB07F7EE86FFF1D639" xlink:type="arc" />
    <link:label id="lab_ndaq_AnnualRenewalFeesAndOtherMember_D1F683EB5923333556DBEE86FFF11113_terseLabel_en-US" xlink:label="lab_ndaq_AnnualRenewalFeesAndOtherMember_D1F683EB5923333556DBEE86FFF11113" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Annual Listings Revenues</link:label>
    <link:label id="lab_ndaq_AnnualRenewalFeesAndOtherMember_D1F683EB5923333556DBEE86FFF11113_label_en-US" xlink:label="lab_ndaq_AnnualRenewalFeesAndOtherMember_D1F683EB5923333556DBEE86FFF11113" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Annual Renewal Fees And Other [Member]</link:label>
    <link:label id="lab_ndaq_AnnualRenewalFeesAndOtherMember_D1F683EB5923333556DBEE86FFF11113_documentation_en-US" xlink:label="lab_ndaq_AnnualRenewalFeesAndOtherMember_D1F683EB5923333556DBEE86FFF11113" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Annual Renewal Fees And Other [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_AnnualRenewalFeesAndOtherMember" xlink:label="loc_ndaq_AnnualRenewalFeesAndOtherMember_D1F683EB5923333556DBEE86FFF11113" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_AnnualRenewalFeesAndOtherMember_D1F683EB5923333556DBEE86FFF11113" xlink:to="lab_ndaq_AnnualRenewalFeesAndOtherMember_D1F683EB5923333556DBEE86FFF11113" xlink:type="arc" />
    <link:label id="lab_ndaq_MarketTechnologyRevenuesMember_B69817D1642EF10DCED7EE86FFF18236_terseLabel_en-US" xlink:label="lab_ndaq_MarketTechnologyRevenuesMember_B69817D1642EF10DCED7EE86FFF18236" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Market Technology Revenues</link:label>
    <link:label id="lab_ndaq_MarketTechnologyRevenuesMember_B69817D1642EF10DCED7EE86FFF18236_label_en-US" xlink:label="lab_ndaq_MarketTechnologyRevenuesMember_B69817D1642EF10DCED7EE86FFF18236" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Market Technology Revenues [Member]</link:label>
    <link:label id="lab_ndaq_MarketTechnologyRevenuesMember_B69817D1642EF10DCED7EE86FFF18236_documentation_en-US" xlink:label="lab_ndaq_MarketTechnologyRevenuesMember_B69817D1642EF10DCED7EE86FFF18236" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Market Technology Revenues [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_MarketTechnologyRevenuesMember" xlink:label="loc_ndaq_MarketTechnologyRevenuesMember_B69817D1642EF10DCED7EE86FFF18236" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_MarketTechnologyRevenuesMember_B69817D1642EF10DCED7EE86FFF18236" xlink:to="lab_ndaq_MarketTechnologyRevenuesMember_B69817D1642EF10DCED7EE86FFF18236" xlink:type="arc" />
    <link:label id="lab_ndaq_CorporateSolutionsAndOtherRevenueMember_FFBD52F64F7ACE051E07EE86FFF1648B_terseLabel_en-US" xlink:label="lab_ndaq_CorporateSolutionsAndOtherRevenueMember_FFBD52F64F7ACE051E07EE86FFF1648B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Corporate Solutions and Other Revenues</link:label>
    <link:label id="lab_ndaq_CorporateSolutionsAndOtherRevenueMember_FFBD52F64F7ACE051E07EE86FFF1648B_label_en-US" xlink:label="lab_ndaq_CorporateSolutionsAndOtherRevenueMember_FFBD52F64F7ACE051E07EE86FFF1648B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Corporate Solutions And Other Revenue [Member]</link:label>
    <link:label id="lab_ndaq_CorporateSolutionsAndOtherRevenueMember_FFBD52F64F7ACE051E07EE86FFF1648B_documentation_en-US" xlink:label="lab_ndaq_CorporateSolutionsAndOtherRevenueMember_FFBD52F64F7ACE051E07EE86FFF1648B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Corporate Solutions And Other Revenue [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_CorporateSolutionsAndOtherRevenueMember" xlink:label="loc_ndaq_CorporateSolutionsAndOtherRevenueMember_FFBD52F64F7ACE051E07EE86FFF1648B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_CorporateSolutionsAndOtherRevenueMember_FFBD52F64F7ACE051E07EE86FFF1648B" xlink:to="lab_ndaq_CorporateSolutionsAndOtherRevenueMember_FFBD52F64F7ACE051E07EE86FFF1648B" xlink:type="arc" />
    <link:label id="lab_ndaq_InformationServicesRevenueMember_3626CDA5E15A17CFE3FCEE86FFF109BD_terseLabel_en-US" xlink:label="lab_ndaq_InformationServicesRevenueMember_3626CDA5E15A17CFE3FCEE86FFF109BD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Information Services Revenues</link:label>
    <link:label id="lab_ndaq_InformationServicesRevenueMember_3626CDA5E15A17CFE3FCEE86FFF109BD_label_en-US" xlink:label="lab_ndaq_InformationServicesRevenueMember_3626CDA5E15A17CFE3FCEE86FFF109BD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Information Services Revenue [Member]</link:label>
    <link:label id="lab_ndaq_InformationServicesRevenueMember_3626CDA5E15A17CFE3FCEE86FFF109BD_documentation_en-US" xlink:label="lab_ndaq_InformationServicesRevenueMember_3626CDA5E15A17CFE3FCEE86FFF109BD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Information Services Revenue [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_InformationServicesRevenueMember" xlink:label="loc_ndaq_InformationServicesRevenueMember_3626CDA5E15A17CFE3FCEE86FFF109BD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_InformationServicesRevenueMember_3626CDA5E15A17CFE3FCEE86FFF109BD" xlink:to="lab_ndaq_InformationServicesRevenueMember_3626CDA5E15A17CFE3FCEE86FFF109BD" xlink:type="arc" />
    <link:label id="lab_ndaq_ListingOfAdditionalSharesFeesMember_8454C5DBCEF3D9488416EE86FFF1243D_terseLabel_en-US" xlink:label="lab_ndaq_ListingOfAdditionalSharesFeesMember_8454C5DBCEF3D9488416EE86FFF1243D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_ndaq_ListingOfAdditionalSharesFeesMember_8454C5DBCEF3D9488416EE86FFF1243D_label_en-US" xlink:label="lab_ndaq_ListingOfAdditionalSharesFeesMember_8454C5DBCEF3D9488416EE86FFF1243D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Listing Of Additional Shares Fees [Member]</link:label>
    <link:label id="lab_ndaq_ListingOfAdditionalSharesFeesMember_8454C5DBCEF3D9488416EE86FFF1243D_documentation_en-US" xlink:label="lab_ndaq_ListingOfAdditionalSharesFeesMember_8454C5DBCEF3D9488416EE86FFF1243D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Listing Of Additional Shares Fees [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ListingOfAdditionalSharesFeesMember" xlink:label="loc_ndaq_ListingOfAdditionalSharesFeesMember_8454C5DBCEF3D9488416EE86FFF1243D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ListingOfAdditionalSharesFeesMember_8454C5DBCEF3D9488416EE86FFF1243D" xlink:to="lab_ndaq_ListingOfAdditionalSharesFeesMember_8454C5DBCEF3D9488416EE86FFF1243D" xlink:type="arc" />
    <link:label id="lab_us-gaap_DisaggregationOfRevenueLineItems_4540D1E478FBCFE318D5EE86FFF232D9_terseLabel_en-US" xlink:label="lab_us-gaap_DisaggregationOfRevenueLineItems_4540D1E478FBCFE318D5EE86FFF232D9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disaggregation of Revenue [Line Items]</link:label>
    <link:label id="lab_us-gaap_DisaggregationOfRevenueLineItems_4540D1E478FBCFE318D5EE86FFF232D9_label_en-US" xlink:label="lab_us-gaap_DisaggregationOfRevenueLineItems_4540D1E478FBCFE318D5EE86FFF232D9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disaggregation of Revenue [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DisaggregationOfRevenueLineItems" xlink:label="loc_us-gaap_DisaggregationOfRevenueLineItems_4540D1E478FBCFE318D5EE86FFF232D9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DisaggregationOfRevenueLineItems_4540D1E478FBCFE318D5EE86FFF232D9" xlink:to="lab_us-gaap_DisaggregationOfRevenueLineItems_4540D1E478FBCFE318D5EE86FFF232D9" xlink:type="arc" />
    <link:label id="lab_ndaq_ChangeInContractWithCustomerLiabilityRollForward_DBC7469098A613BDAD83EE86FFF2FEB7_terseLabel_en-US" xlink:label="lab_ndaq_ChangeInContractWithCustomerLiabilityRollForward_DBC7469098A613BDAD83EE86FFF2FEB7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in Contract with Customer Liability [Roll Forward]</link:label>
    <link:label id="lab_ndaq_ChangeInContractWithCustomerLiabilityRollForward_DBC7469098A613BDAD83EE86FFF2FEB7_label_en-US" xlink:label="lab_ndaq_ChangeInContractWithCustomerLiabilityRollForward_DBC7469098A613BDAD83EE86FFF2FEB7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Change In Contract With Customer Liability [Roll Forward]</link:label>
    <link:label id="lab_ndaq_ChangeInContractWithCustomerLiabilityRollForward_DBC7469098A613BDAD83EE86FFF2FEB7_documentation_en-US" xlink:label="lab_ndaq_ChangeInContractWithCustomerLiabilityRollForward_DBC7469098A613BDAD83EE86FFF2FEB7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Change In Contract With Customer Liability [Roll Forward]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ChangeInContractWithCustomerLiabilityRollForward" xlink:label="loc_ndaq_ChangeInContractWithCustomerLiabilityRollForward_DBC7469098A613BDAD83EE86FFF2FEB7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ChangeInContractWithCustomerLiabilityRollForward_DBC7469098A613BDAD83EE86FFF2FEB7" xlink:to="lab_ndaq_ChangeInContractWithCustomerLiabilityRollForward_DBC7469098A613BDAD83EE86FFF2FEB7" xlink:type="arc" />
    <link:label id="lab_us-gaap_ContractWithCustomerLiability_EDA1D674B3D51D1BDBDFEE86FFF28572_periodStartLabel_en-US" xlink:label="lab_us-gaap_ContractWithCustomerLiability_EDA1D674B3D51D1BDBDFEE86FFF28572" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance</link:label>
    <link:label id="lab_us-gaap_ContractWithCustomerLiability_EDA1D674B3D51D1BDBDFEE86FFF28572_label_en-US" xlink:label="lab_us-gaap_ContractWithCustomerLiability_EDA1D674B3D51D1BDBDFEE86FFF28572" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contract with Customer, Liability</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ContractWithCustomerLiability" xlink:label="loc_us-gaap_ContractWithCustomerLiability_EDA1D674B3D51D1BDBDFEE86FFF28572" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ContractWithCustomerLiability_EDA1D674B3D51D1BDBDFEE86FFF28572" xlink:to="lab_us-gaap_ContractWithCustomerLiability_EDA1D674B3D51D1BDBDFEE86FFF28572" xlink:type="arc" />
    <link:label id="lab_ndaq_ContractWithCustomerLiabilityNewContractAdditions_48874F61B4029D96CDF7EE86FFF2C5B2_terseLabel_en-US" xlink:label="lab_ndaq_ContractWithCustomerLiabilityNewContractAdditions_48874F61B4029D96CDF7EE86FFF2C5B2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additions</link:label>
    <link:label id="lab_ndaq_ContractWithCustomerLiabilityNewContractAdditions_48874F61B4029D96CDF7EE86FFF2C5B2_label_en-US" xlink:label="lab_ndaq_ContractWithCustomerLiabilityNewContractAdditions_48874F61B4029D96CDF7EE86FFF2C5B2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contract With Customer, Liability, New Contract Additions</link:label>
    <link:label id="lab_ndaq_ContractWithCustomerLiabilityNewContractAdditions_48874F61B4029D96CDF7EE86FFF2C5B2_documentation_en-US" xlink:label="lab_ndaq_ContractWithCustomerLiabilityNewContractAdditions_48874F61B4029D96CDF7EE86FFF2C5B2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Contract With Customer, Liability, New Contract Additions</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ContractWithCustomerLiabilityNewContractAdditions" xlink:label="loc_ndaq_ContractWithCustomerLiabilityNewContractAdditions_48874F61B4029D96CDF7EE86FFF2C5B2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ContractWithCustomerLiabilityNewContractAdditions_48874F61B4029D96CDF7EE86FFF2C5B2" xlink:to="lab_ndaq_ContractWithCustomerLiabilityNewContractAdditions_48874F61B4029D96CDF7EE86FFF2C5B2" xlink:type="arc" />
    <link:label id="lab_us-gaap_ContractWithCustomerLiabilityRevenueRecognized_FBF60D10EECACAFDBEEBEE86FFF370DC_negatedLabel_en-US" xlink:label="lab_us-gaap_ContractWithCustomerLiabilityRevenueRecognized_FBF60D10EECACAFDBEEBEE86FFF370DC" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Revenue recognized</link:label>
    <link:label id="lab_us-gaap_ContractWithCustomerLiabilityRevenueRecognized_FBF60D10EECACAFDBEEBEE86FFF370DC_label_en-US" xlink:label="lab_us-gaap_ContractWithCustomerLiabilityRevenueRecognized_FBF60D10EECACAFDBEEBEE86FFF370DC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contract with Customer, Liability, Revenue Recognized</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ContractWithCustomerLiabilityRevenueRecognized" xlink:label="loc_us-gaap_ContractWithCustomerLiabilityRevenueRecognized_FBF60D10EECACAFDBEEBEE86FFF370DC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ContractWithCustomerLiabilityRevenueRecognized_FBF60D10EECACAFDBEEBEE86FFF370DC" xlink:to="lab_us-gaap_ContractWithCustomerLiabilityRevenueRecognized_FBF60D10EECACAFDBEEBEE86FFF370DC" xlink:type="arc" />
    <link:label id="lab_ndaq_ContractWithCustomerLiabilitySegmentReclassification_08CE348DA897C0CE1AE6EE86FFF3ECFC_negatedTerseLabel_en-US" xlink:label="lab_ndaq_ContractWithCustomerLiabilitySegmentReclassification_08CE348DA897C0CE1AE6EE86FFF3ECFC" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Reclassification of deferred revenue</link:label>
    <link:label id="lab_ndaq_ContractWithCustomerLiabilitySegmentReclassification_08CE348DA897C0CE1AE6EE86FFF3ECFC_label_en-US" xlink:label="lab_ndaq_ContractWithCustomerLiabilitySegmentReclassification_08CE348DA897C0CE1AE6EE86FFF3ECFC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contract With Customer, Liability, Segment Reclassification</link:label>
    <link:label id="lab_ndaq_ContractWithCustomerLiabilitySegmentReclassification_08CE348DA897C0CE1AE6EE86FFF3ECFC_documentation_en-US" xlink:label="lab_ndaq_ContractWithCustomerLiabilitySegmentReclassification_08CE348DA897C0CE1AE6EE86FFF3ECFC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Contract With Customer, Liability, Segment Reclassification</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ContractWithCustomerLiabilitySegmentReclassification" xlink:label="loc_ndaq_ContractWithCustomerLiabilitySegmentReclassification_08CE348DA897C0CE1AE6EE86FFF3ECFC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ContractWithCustomerLiabilitySegmentReclassification_08CE348DA897C0CE1AE6EE86FFF3ECFC" xlink:to="lab_ndaq_ContractWithCustomerLiabilitySegmentReclassification_08CE348DA897C0CE1AE6EE86FFF3ECFC" xlink:type="arc" />
    <link:label id="lab_ndaq_ContractWithCustomerLiabilityRevenueRecognizedOther_71ABA4FB0954DA62E9A4EE86FFF35F93_negatedTerseLabel_en-US" xlink:label="lab_ndaq_ContractWithCustomerLiabilityRevenueRecognizedOther_71ABA4FB0954DA62E9A4EE86FFF35F93" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Deferred revenue reclassified to held for sale(2)</link:label>
    <link:label id="lab_ndaq_ContractWithCustomerLiabilityRevenueRecognizedOther_71ABA4FB0954DA62E9A4EE86FFF35F93_label_en-US" xlink:label="lab_ndaq_ContractWithCustomerLiabilityRevenueRecognizedOther_71ABA4FB0954DA62E9A4EE86FFF35F93" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contract With Customer, Liability, Revenue Recognized, Other</link:label>
    <link:label id="lab_ndaq_ContractWithCustomerLiabilityRevenueRecognizedOther_71ABA4FB0954DA62E9A4EE86FFF35F93_documentation_en-US" xlink:label="lab_ndaq_ContractWithCustomerLiabilityRevenueRecognizedOther_71ABA4FB0954DA62E9A4EE86FFF35F93" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Contract With Customer, Liability, Revenue Recognized, Other</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ContractWithCustomerLiabilityRevenueRecognizedOther" xlink:label="loc_ndaq_ContractWithCustomerLiabilityRevenueRecognizedOther_71ABA4FB0954DA62E9A4EE86FFF35F93" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ContractWithCustomerLiabilityRevenueRecognizedOther_71ABA4FB0954DA62E9A4EE86FFF35F93" xlink:to="lab_ndaq_ContractWithCustomerLiabilityRevenueRecognizedOther_71ABA4FB0954DA62E9A4EE86FFF35F93" xlink:type="arc" />
    <link:label id="lab_ndaq_ContractWithCustomerLiabilityRevenueTranslationAdjustment_07D07A9883A9051E272CEE86FFF30AD5_negatedLabel_en-US" xlink:label="lab_ndaq_ContractWithCustomerLiabilityRevenueTranslationAdjustment_07D07A9883A9051E272CEE86FFF30AD5" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Translation adjustment</link:label>
    <link:label id="lab_ndaq_ContractWithCustomerLiabilityRevenueTranslationAdjustment_07D07A9883A9051E272CEE86FFF30AD5_label_en-US" xlink:label="lab_ndaq_ContractWithCustomerLiabilityRevenueTranslationAdjustment_07D07A9883A9051E272CEE86FFF30AD5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contract With Customer, Liability, Revenue Translation Adjustment</link:label>
    <link:label id="lab_ndaq_ContractWithCustomerLiabilityRevenueTranslationAdjustment_07D07A9883A9051E272CEE86FFF30AD5_documentation_en-US" xlink:label="lab_ndaq_ContractWithCustomerLiabilityRevenueTranslationAdjustment_07D07A9883A9051E272CEE86FFF30AD5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Contract With Customer, Liability, Revenue Translation Adjustment</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ContractWithCustomerLiabilityRevenueTranslationAdjustment" xlink:label="loc_ndaq_ContractWithCustomerLiabilityRevenueTranslationAdjustment_07D07A9883A9051E272CEE86FFF30AD5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ContractWithCustomerLiabilityRevenueTranslationAdjustment_07D07A9883A9051E272CEE86FFF30AD5" xlink:to="lab_ndaq_ContractWithCustomerLiabilityRevenueTranslationAdjustment_07D07A9883A9051E272CEE86FFF30AD5" xlink:type="arc" />
    <link:label id="lab_us-gaap_ContractWithCustomerLiability_9526419395CCAB50A130EE86FFF33EF5_periodEndLabel_en-US" xlink:label="lab_us-gaap_ContractWithCustomerLiability_9526419395CCAB50A130EE86FFF33EF5" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ContractWithCustomerLiability" xlink:label="loc_us-gaap_ContractWithCustomerLiability_9526419395CCAB50A130EE86FFF33EF5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ContractWithCustomerLiability_9526419395CCAB50A130EE86FFF33EF5" xlink:to="lab_us-gaap_ContractWithCustomerLiability_9526419395CCAB50A130EE86FFF33EF5" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_E1ED9A29D94DD2505C37CF7709D9E521_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_E1ED9A29D94DD2505C37CF7709D9E521" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Domestic</link:label>
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_E1ED9A29D94DD2505C37CF7709D9E521_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_E1ED9A29D94DD2505C37CF7709D9E521" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Continuing Operations before Income Taxes, Domestic</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_E1ED9A29D94DD2505C37CF7709D9E521" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_E1ED9A29D94DD2505C37CF7709D9E521" xlink:to="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_E1ED9A29D94DD2505C37CF7709D9E521" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign_49456CCEC84CD8344F52CF7709DAE8CA_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign_49456CCEC84CD8344F52CF7709DAE8CA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign</link:label>
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign_49456CCEC84CD8344F52CF7709DAE8CA_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign_49456CCEC84CD8344F52CF7709DAE8CA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Continuing Operations before Income Taxes, Foreign</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign_49456CCEC84CD8344F52CF7709DAE8CA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign_49456CCEC84CD8344F52CF7709DAE8CA" xlink:to="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign_49456CCEC84CD8344F52CF7709DAE8CA" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueDisclosuresTextBlock_EC9F6E9A8D25DF9E85A3AF472B418DC0_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueDisclosuresTextBlock_EC9F6E9A8D25DF9E85A3AF472B418DC0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value of Financial Instruments</link:label>
    <link:label id="lab_us-gaap_FairValueDisclosuresTextBlock_EC9F6E9A8D25DF9E85A3AF472B418DC0_label_en-US" xlink:label="lab_us-gaap_FairValueDisclosuresTextBlock_EC9F6E9A8D25DF9E85A3AF472B418DC0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Disclosures [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FairValueDisclosuresTextBlock" xlink:label="loc_us-gaap_FairValueDisclosuresTextBlock_EC9F6E9A8D25DF9E85A3AF472B418DC0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueDisclosuresTextBlock_EC9F6E9A8D25DF9E85A3AF472B418DC0" xlink:to="lab_us-gaap_FairValueDisclosuresTextBlock_EC9F6E9A8D25DF9E85A3AF472B418DC0" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_AC82E3A2AF5293D509EE0B8501823178_label_en-US" xlink:label="lab_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_AC82E3A2AF5293D509EE0B8501823178" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Comprehensive Income [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract" xlink:label="loc_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_AC82E3A2AF5293D509EE0B8501823178" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_AC82E3A2AF5293D509EE0B8501823178" xlink:to="lab_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_AC82E3A2AF5293D509EE0B8501823178" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementTable_90E7E2F39E5D4663C1E30B850185EB6B_terseLabel_en-US" xlink:label="lab_us-gaap_StatementTable_90E7E2F39E5D4663C1E30B850185EB6B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement [Table]</link:label>
    <link:label id="lab_us-gaap_StatementTable_90E7E2F39E5D4663C1E30B850185EB6B_label_en-US" xlink:label="lab_us-gaap_StatementTable_90E7E2F39E5D4663C1E30B850185EB6B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaap_StatementTable_90E7E2F39E5D4663C1E30B850185EB6B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementTable_90E7E2F39E5D4663C1E30B850185EB6B" xlink:to="lab_us-gaap_StatementTable_90E7E2F39E5D4663C1E30B850185EB6B" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementLineItems_02CEF5280461C5A660960B850188749F_terseLabel_en-US" xlink:label="lab_us-gaap_StatementLineItems_02CEF5280461C5A660960B850188749F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement [Line Items]</link:label>
    <link:label id="lab_us-gaap_StatementLineItems_02CEF5280461C5A660960B850188749F_label_en-US" xlink:label="lab_us-gaap_StatementLineItems_02CEF5280461C5A660960B850188749F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaap_StatementLineItems_02CEF5280461C5A660960B850188749F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementLineItems_02CEF5280461C5A660960B850188749F" xlink:to="lab_us-gaap_StatementLineItems_02CEF5280461C5A660960B850188749F" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_0FAD87B98D238BBDC0430B850189E804_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_0FAD87B98D238BBDC0430B850189E804" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive income (loss):</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_0FAD87B98D238BBDC0430B850189E804_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_0FAD87B98D238BBDC0430B850189E804" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Net of Tax [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_0FAD87B98D238BBDC0430B850189E804" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_0FAD87B98D238BBDC0430B850189E804" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract_0FAD87B98D238BBDC0430B850189E804" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax_06EF2AFF567CBD6FD8380B85018B7467_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax_06EF2AFF567CBD6FD8380B85018B7467" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Foreign currency translation gains (losses)</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax_06EF2AFF567CBD6FD8380B85018B7467_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax_06EF2AFF567CBD6FD8380B85018B7467" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, before Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax_06EF2AFF567CBD6FD8380B85018B7467" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax_06EF2AFF567CBD6FD8380B85018B7467" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax_06EF2AFF567CBD6FD8380B85018B7467" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax_38D8A89FDD47A07EAA9E0B85018B8E71_negatedLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax_38D8A89FDD47A07EAA9E0B85018B8E71" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Income tax benefit (expense)</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax_38D8A89FDD47A07EAA9E0B85018B8E71_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax_38D8A89FDD47A07EAA9E0B85018B8E71" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax_38D8A89FDD47A07EAA9E0B85018B8E71" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax_38D8A89FDD47A07EAA9E0B85018B8E71" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax_38D8A89FDD47A07EAA9E0B85018B8E71" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_BA7E9F8790AEC8684BC30B85018BDF34_totalLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_BA7E9F8790AEC8684BC30B85018BDF34" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Foreign currency translation, net</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_BA7E9F8790AEC8684BC30B85018BDF34_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_BA7E9F8790AEC8684BC30B85018BDF34" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_BA7E9F8790AEC8684BC30B85018BDF34" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_BA7E9F8790AEC8684BC30B85018BDF34" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_BA7E9F8790AEC8684BC30B85018BDF34" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax_94BF1B3C61C68A22DB880B85018C8C21_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax_94BF1B3C61C68A22DB880B85018C8C21" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Employee benefit plan adjustment gains (losses)</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax_94BF1B3C61C68A22DB880B85018C8C21_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax_94BF1B3C61C68A22DB880B85018C8C21" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, before Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax_94BF1B3C61C68A22DB880B85018C8C21" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax_94BF1B3C61C68A22DB880B85018C8C21" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax_94BF1B3C61C68A22DB880B85018C8C21" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax_9F5C00B83C603BFBBF3E0B85049F5206_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax_9F5C00B83C603BFBBF3E0B85049F5206" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Employee benefit plan income tax (benefit) expense</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax_9F5C00B83C603BFBBF3E0B85049F5206_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax_9F5C00B83C603BFBBF3E0B85049F5206" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax_9F5C00B83C603BFBBF3E0B85049F5206" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax_9F5C00B83C603BFBBF3E0B85049F5206" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax_9F5C00B83C603BFBBF3E0B85049F5206" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax_62A465922E4AA6969F5C0B85018CD9AC_negatedTotalLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax_62A465922E4AA6969F5C0B85018CD9AC" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US">Employee benefit plan, net</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax_62A465922E4AA6969F5C0B85018CD9AC_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax_62A465922E4AA6969F5C0B85018CD9AC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax_62A465922E4AA6969F5C0B85018CD9AC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax_62A465922E4AA6969F5C0B85018CD9AC" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax_62A465922E4AA6969F5C0B85018CD9AC" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_E4EBC972C725B04B5FC20B85018C0DC2_totalLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_E4EBC972C725B04B5FC20B85018C0DC2" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total other comprehensive income (loss), net of tax</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_E4EBC972C725B04B5FC20B85018C0DC2_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_E4EBC972C725B04B5FC20B85018C0DC2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_E4EBC972C725B04B5FC20B85018C0DC2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_E4EBC972C725B04B5FC20B85018C0DC2" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent_E4EBC972C725B04B5FC20B85018C0DC2" xlink:type="arc" />
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTax_D1BCCDD32246D73CD3890B85018CF7C4_totalLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTax_D1BCCDD32246D73CD3890B85018CF7C4" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Comprehensive income (loss) attributable to Nasdaq</link:label>
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTax_D1BCCDD32246D73CD3890B85018CF7C4_label_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTax_D1BCCDD32246D73CD3890B85018CF7C4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive Income (Loss), Net of Tax, Attributable to Parent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTax" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTax_D1BCCDD32246D73CD3890B85018CF7C4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTax_D1BCCDD32246D73CD3890B85018CF7C4" xlink:to="lab_us-gaap_ComprehensiveIncomeNetOfTax_D1BCCDD32246D73CD3890B85018CF7C4" xlink:type="arc" />
    <link:label id="lab_ndaq_ScheduleOfShareBasedCompensationExpenseResultingFromEquityAwardsTableTextBlock_C541071881BFBC17727E9FC24EFBE97D_terseLabel_en-US" xlink:label="lab_ndaq_ScheduleOfShareBasedCompensationExpenseResultingFromEquityAwardsTableTextBlock_C541071881BFBC17727E9FC24EFBE97D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Share-Based Compensation Expense</link:label>
    <link:label id="lab_ndaq_ScheduleOfShareBasedCompensationExpenseResultingFromEquityAwardsTableTextBlock_C541071881BFBC17727E9FC24EFBE97D_label_en-US" xlink:label="lab_ndaq_ScheduleOfShareBasedCompensationExpenseResultingFromEquityAwardsTableTextBlock_C541071881BFBC17727E9FC24EFBE97D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Share Based Compensation Expense Resulting From Equity Awards [Table Text Block]</link:label>
    <link:label id="lab_ndaq_ScheduleOfShareBasedCompensationExpenseResultingFromEquityAwardsTableTextBlock_C541071881BFBC17727E9FC24EFBE97D_documentation_en-US" xlink:label="lab_ndaq_ScheduleOfShareBasedCompensationExpenseResultingFromEquityAwardsTableTextBlock_C541071881BFBC17727E9FC24EFBE97D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Share-Based Compensation Expense Resulting From Equity Awards [Text Block]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ScheduleOfShareBasedCompensationExpenseResultingFromEquityAwardsTableTextBlock" xlink:label="loc_ndaq_ScheduleOfShareBasedCompensationExpenseResultingFromEquityAwardsTableTextBlock_C541071881BFBC17727E9FC24EFBE97D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ScheduleOfShareBasedCompensationExpenseResultingFromEquityAwardsTableTextBlock_C541071881BFBC17727E9FC24EFBE97D" xlink:to="lab_ndaq_ScheduleOfShareBasedCompensationExpenseResultingFromEquityAwardsTableTextBlock_C541071881BFBC17727E9FC24EFBE97D" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock_2F13CF1830828C6C37609FC24EFBB9BF_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock_2F13CF1830828C6C37609FC24EFBB9BF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Restricted Stock Activity</link:label>
    <link:label id="lab_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock_2F13CF1830828C6C37609FC24EFBB9BF_label_en-US" xlink:label="lab_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock_2F13CF1830828C6C37609FC24EFBB9BF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock_2F13CF1830828C6C37609FC24EFBB9BF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock_2F13CF1830828C6C37609FC24EFBB9BF" xlink:to="lab_us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock_2F13CF1830828C6C37609FC24EFBB9BF" xlink:type="arc" />
    <link:label id="lab_ndaq_ScheduleofWeightedAverageAssumptionsUsedtoDeterminetheWeightedAverageFairValuesTableTextBlock_4149EBEF2FF7451786DF9FC24EFBD351_terseLabel_en-US" xlink:label="lab_ndaq_ScheduleofWeightedAverageAssumptionsUsedtoDeterminetheWeightedAverageFairValuesTableTextBlock_4149EBEF2FF7451786DF9FC24EFBD351" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Weighted-Average Assumptions Used to Determine the Weighted-Average Fair Values</link:label>
    <link:label id="lab_ndaq_ScheduleofWeightedAverageAssumptionsUsedtoDeterminetheWeightedAverageFairValuesTableTextBlock_4149EBEF2FF7451786DF9FC24EFBD351_label_en-US" xlink:label="lab_ndaq_ScheduleofWeightedAverageAssumptionsUsedtoDeterminetheWeightedAverageFairValuesTableTextBlock_4149EBEF2FF7451786DF9FC24EFBD351" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Weighted-Average Assumptions Used to Determine the Weighted- Average Fair Values [Table Text Block]</link:label>
    <link:label id="lab_ndaq_ScheduleofWeightedAverageAssumptionsUsedtoDeterminetheWeightedAverageFairValuesTableTextBlock_4149EBEF2FF7451786DF9FC24EFBD351_documentation_en-US" xlink:label="lab_ndaq_ScheduleofWeightedAverageAssumptionsUsedtoDeterminetheWeightedAverageFairValuesTableTextBlock_4149EBEF2FF7451786DF9FC24EFBD351" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Weighted Average Estimated Fair Value Table</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ScheduleofWeightedAverageAssumptionsUsedtoDeterminetheWeightedAverageFairValuesTableTextBlock" xlink:label="loc_ndaq_ScheduleofWeightedAverageAssumptionsUsedtoDeterminetheWeightedAverageFairValuesTableTextBlock_4149EBEF2FF7451786DF9FC24EFBD351" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ScheduleofWeightedAverageAssumptionsUsedtoDeterminetheWeightedAverageFairValuesTableTextBlock_4149EBEF2FF7451786DF9FC24EFBD351" xlink:to="lab_ndaq_ScheduleofWeightedAverageAssumptionsUsedtoDeterminetheWeightedAverageFairValuesTableTextBlock_4149EBEF2FF7451786DF9FC24EFBD351" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationPerformanceSharesAwardUnvestedActivityTableTextBlock_A95A2AC2B697E55572019FC24EFBFEB6_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationPerformanceSharesAwardUnvestedActivityTableTextBlock_A95A2AC2B697E55572019FC24EFBFEB6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of PSU Activity</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationPerformanceSharesAwardUnvestedActivityTableTextBlock_A95A2AC2B697E55572019FC24EFBFEB6_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationPerformanceSharesAwardUnvestedActivityTableTextBlock_A95A2AC2B697E55572019FC24EFBFEB6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation, Performance Shares Award Nonvested Activity [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationPerformanceSharesAwardUnvestedActivityTableTextBlock" xlink:label="loc_us-gaap_ShareBasedCompensationPerformanceSharesAwardUnvestedActivityTableTextBlock_A95A2AC2B697E55572019FC24EFBFEB6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationPerformanceSharesAwardUnvestedActivityTableTextBlock_A95A2AC2B697E55572019FC24EFBFEB6" xlink:to="lab_us-gaap_ShareBasedCompensationPerformanceSharesAwardUnvestedActivityTableTextBlock_A95A2AC2B697E55572019FC24EFBFEB6" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_8210FF3B79C9932946BB9FC24EFC4E1B_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_8210FF3B79C9932946BB9FC24EFC4E1B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Stock Options, Valuation Assumptions</link:label>
    <link:label id="lab_us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_8210FF3B79C9932946BB9FC24EFC4E1B_label_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_8210FF3B79C9932946BB9FC24EFC4E1B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_8210FF3B79C9932946BB9FC24EFC4E1B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_8210FF3B79C9932946BB9FC24EFC4E1B" xlink:to="lab_us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock_8210FF3B79C9932946BB9FC24EFC4E1B" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_BBC02EE815780BC489A19FC24EFC611A_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_BBC02EE815780BC489A19FC24EFC611A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Stock Option Activity</link:label>
    <link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_BBC02EE815780BC489A19FC24EFC611A_label_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_BBC02EE815780BC489A19FC24EFC611A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation, Stock Options, Activity [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_BBC02EE815780BC489A19FC24EFC611A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_BBC02EE815780BC489A19FC24EFC611A" xlink:to="lab_us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_BBC02EE815780BC489A19FC24EFC611A" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock_A864EFB60EC1F97B5D04A176F876D34E_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock_A864EFB60EC1F97B5D04A176F876D34E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Significant Ranges of Outstanding and Exercisable Stock</link:label>
    <link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock_A864EFB60EC1F97B5D04A176F876D34E_label_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock_A864EFB60EC1F97B5D04A176F876D34E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock" xlink:label="loc_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock_A864EFB60EC1F97B5D04A176F876D34E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock_A864EFB60EC1F97B5D04A176F876D34E" xlink:to="lab_us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock_A864EFB60EC1F97B5D04A176F876D34E" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationEmployeeStockPurchasePlanActivityTableTextBlock_4EA5AE3C9E0F5D92E0EAA17A0B7A646A_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationEmployeeStockPurchasePlanActivityTableTextBlock_4EA5AE3C9E0F5D92E0EAA17A0B7A646A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of ESPP</link:label>
    <link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationEmployeeStockPurchasePlanActivityTableTextBlock_4EA5AE3C9E0F5D92E0EAA17A0B7A646A_label_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationEmployeeStockPurchasePlanActivityTableTextBlock_4EA5AE3C9E0F5D92E0EAA17A0B7A646A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Share-based Compensation, Employee Stock Purchase Plan, Activity [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationEmployeeStockPurchasePlanActivityTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfShareBasedCompensationEmployeeStockPurchasePlanActivityTableTextBlock_4EA5AE3C9E0F5D92E0EAA17A0B7A646A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfShareBasedCompensationEmployeeStockPurchasePlanActivityTableTextBlock_4EA5AE3C9E0F5D92E0EAA17A0B7A646A" xlink:to="lab_us-gaap_ScheduleOfShareBasedCompensationEmployeeStockPurchasePlanActivityTableTextBlock_4EA5AE3C9E0F5D92E0EAA17A0B7A646A" xlink:type="arc" />
    <link:label id="lab_ndaq_ScheduleOfDefaultFundContributionsTableTableTextBlock_792E7F3F90B0F2FBF0DD8519D357BE04_terseLabel_en-US" xlink:label="lab_ndaq_ScheduleOfDefaultFundContributionsTableTableTextBlock_8128077245445DECB606F7DEBFF418D9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Clearing Member Default Fund Contributions</link:label>
    <link:label id="lab_ndaq_ScheduleOfDefaultFundContributionsTableTableTextBlock_792E7F3F90B0F2FBF0DD8519D357BE04_label_en-US" xlink:label="lab_ndaq_ScheduleOfDefaultFundContributionsTableTableTextBlock_8128077245445DECB606F7DEBFF418D9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Default Fund Contributions Table [Table Text Block]</link:label>
    <link:label id="lab_ndaq_ScheduleOfDefaultFundContributionsTableTableTextBlock_792E7F3F90B0F2FBF0DD8519D357BE04_documentation_en-US" xlink:label="lab_ndaq_ScheduleOfDefaultFundContributionsTableTableTextBlock_8128077245445DECB606F7DEBFF418D9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule Of Default Fund Contributions Table</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ScheduleOfDefaultFundContributionsTableTableTextBlock" xlink:label="loc_ndaq_ScheduleOfDefaultFundContributionsTableTableTextBlock_8128077245445DECB606F7DEBFF418D9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ScheduleOfDefaultFundContributionsTableTableTextBlock_8128077245445DECB606F7DEBFF418D9" xlink:to="lab_ndaq_ScheduleOfDefaultFundContributionsTableTableTextBlock_8128077245445DECB606F7DEBFF418D9" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfDerivativeInstrumentsTextBlock_6165B7EC35A4A0BB0AB58519D358292C_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfDerivativeInstrumentsTextBlock_CFEFFF796113514E89D1F6D2894FCCFC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Derivative Contracts Outstanding</link:label>
    <link:label id="lab_us-gaap_ScheduleOfDerivativeInstrumentsTextBlock_6165B7EC35A4A0BB0AB58519D358292C_label_en-US" xlink:label="lab_us-gaap_ScheduleOfDerivativeInstrumentsTextBlock_CFEFFF796113514E89D1F6D2894FCCFC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Derivative Instruments [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfDerivativeInstrumentsTextBlock" xlink:label="loc_us-gaap_ScheduleOfDerivativeInstrumentsTextBlock_CFEFFF796113514E89D1F6D2894FCCFC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfDerivativeInstrumentsTextBlock_CFEFFF796113514E89D1F6D2894FCCFC" xlink:to="lab_us-gaap_ScheduleOfDerivativeInstrumentsTextBlock_CFEFFF796113514E89D1F6D2894FCCFC" xlink:type="arc" />
    <link:label id="lab_ndaq_ScheduleofDerivativeContractsClearedTableTextBlock_0C71BEC169954F6318D48519D3587B56_terseLabel_en-US" xlink:label="lab_ndaq_ScheduleofDerivativeContractsClearedTableTextBlock_BFB2AB6B5A585AE88DF7C3F2FF34F70B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Derivative Contracts Cleared</link:label>
    <link:label id="lab_ndaq_ScheduleofDerivativeContractsClearedTableTextBlock_0C71BEC169954F6318D48519D3587B56_label_en-US" xlink:label="lab_ndaq_ScheduleofDerivativeContractsClearedTableTextBlock_BFB2AB6B5A585AE88DF7C3F2FF34F70B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Derivative Contracts Cleared [Table Text Block]</link:label>
    <link:label id="lab_ndaq_ScheduleofDerivativeContractsClearedTableTextBlock_0C71BEC169954F6318D48519D3587B56_documentation_en-US" xlink:label="lab_ndaq_ScheduleofDerivativeContractsClearedTableTextBlock_BFB2AB6B5A585AE88DF7C3F2FF34F70B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Derivative Contracts Cleared.</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ScheduleofDerivativeContractsClearedTableTextBlock" xlink:label="loc_ndaq_ScheduleofDerivativeContractsClearedTableTextBlock_BFB2AB6B5A585AE88DF7C3F2FF34F70B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ScheduleofDerivativeContractsClearedTableTextBlock_BFB2AB6B5A585AE88DF7C3F2FF34F70B" xlink:to="lab_ndaq_ScheduleofDerivativeContractsClearedTableTextBlock_BFB2AB6B5A585AE88DF7C3F2FF34F70B" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionStartDateAxis_5F137907E40650EBCBA706A8715CC54A_terseLabel_en-US" xlink:label="lab_us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionStartDateAxis_5F137907E40650EBCBA706A8715CC54A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]</link:label>
    <link:label id="lab_us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionStartDateAxis_5F137907E40650EBCBA706A8715CC54A_label_en-US" xlink:label="lab_us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionStartDateAxis_5F137907E40650EBCBA706A8715CC54A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionStartDateAxis" xlink:label="loc_us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionStartDateAxis_5F137907E40650EBCBA706A8715CC54A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionStartDateAxis_5F137907E40650EBCBA706A8715CC54A" xlink:to="lab_us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionStartDateAxis_5F137907E40650EBCBA706A8715CC54A" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevenueRemainingPerformanceObligation_0F28089BDEE74366041606A8715C1925_terseLabel_en-US" xlink:label="lab_us-gaap_RevenueRemainingPerformanceObligation_0F28089BDEE74366041606A8715C1925" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue, remaining performance obligation</link:label>
    <link:label id="lab_us-gaap_RevenueRemainingPerformanceObligation_0F28089BDEE74366041606A8715C1925_label_en-US" xlink:label="lab_us-gaap_RevenueRemainingPerformanceObligation_0F28089BDEE74366041606A8715C1925" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue, Remaining Performance Obligation, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RevenueRemainingPerformanceObligation" xlink:label="loc_us-gaap_RevenueRemainingPerformanceObligation_0F28089BDEE74366041606A8715C1925" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenueRemainingPerformanceObligation_0F28089BDEE74366041606A8715C1925" xlink:to="lab_us-gaap_RevenueRemainingPerformanceObligation_0F28089BDEE74366041606A8715C1925" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfExpectedBenefitPaymentsTableTextBlock_D84F7B50BEC0997768DA14987F17FBAC_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfExpectedBenefitPaymentsTableTextBlock_D84F7B50BEC0997768DA14987F17FBAC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Expected Benefit Payments</link:label>
    <link:label id="lab_us-gaap_ScheduleOfExpectedBenefitPaymentsTableTextBlock_D84F7B50BEC0997768DA14987F17FBAC_label_en-US" xlink:label="lab_us-gaap_ScheduleOfExpectedBenefitPaymentsTableTextBlock_D84F7B50BEC0997768DA14987F17FBAC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Expected Benefit Payments [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfExpectedBenefitPaymentsTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfExpectedBenefitPaymentsTableTextBlock_D84F7B50BEC0997768DA14987F17FBAC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfExpectedBenefitPaymentsTableTextBlock_D84F7B50BEC0997768DA14987F17FBAC" xlink:to="lab_us-gaap_ScheduleOfExpectedBenefitPaymentsTableTextBlock_D84F7B50BEC0997768DA14987F17FBAC" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_325169883F2A89DCEA860226AB87B3AC_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_325169883F2A89DCEA860226AB87B3AC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Business Acquisitions, by Acquisition [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_325169883F2A89DCEA860226AB87B3AC_label_en-US" xlink:label="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_325169883F2A89DCEA860226AB87B3AC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Business Acquisitions, by Acquisition [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable" xlink:label="loc_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_325169883F2A89DCEA860226AB87B3AC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_325169883F2A89DCEA860226AB87B3AC" xlink:to="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTable_325169883F2A89DCEA860226AB87B3AC" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementScenarioAxis_1AEF0AC3D384EF7CD6680226AB88CCC4_terseLabel_en-US" xlink:label="lab_us-gaap_StatementScenarioAxis_1AEF0AC3D384EF7CD6680226AB88CCC4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Scenario [Axis]</link:label>
    <link:label id="lab_us-gaap_StatementScenarioAxis_1AEF0AC3D384EF7CD6680226AB88CCC4_label_en-US" xlink:label="lab_us-gaap_StatementScenarioAxis_1AEF0AC3D384EF7CD6680226AB88CCC4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Scenario [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StatementScenarioAxis" xlink:label="loc_us-gaap_StatementScenarioAxis_1AEF0AC3D384EF7CD6680226AB88CCC4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementScenarioAxis_1AEF0AC3D384EF7CD6680226AB88CCC4" xlink:to="lab_us-gaap_StatementScenarioAxis_1AEF0AC3D384EF7CD6680226AB88CCC4" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScenarioUnspecifiedDomain_3C519D5A64BB884085E30226AB88A255_terseLabel_en-US" xlink:label="lab_us-gaap_ScenarioUnspecifiedDomain_3C519D5A64BB884085E30226AB88A255" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Scenario, Unspecified [Domain]</link:label>
    <link:label id="lab_us-gaap_ScenarioUnspecifiedDomain_3C519D5A64BB884085E30226AB88A255_label_en-US" xlink:label="lab_us-gaap_ScenarioUnspecifiedDomain_3C519D5A64BB884085E30226AB88A255" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Scenario, Unspecified [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScenarioUnspecifiedDomain" xlink:label="loc_us-gaap_ScenarioUnspecifiedDomain_3C519D5A64BB884085E30226AB88A255" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScenarioUnspecifiedDomain_3C519D5A64BB884085E30226AB88A255" xlink:to="lab_us-gaap_ScenarioUnspecifiedDomain_3C519D5A64BB884085E30226AB88A255" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScenarioForecastMember_C1798E7ECC45C09F8BA20226AB898C57_terseLabel_en-US" xlink:label="lab_us-gaap_ScenarioForecastMember_C1798E7ECC45C09F8BA20226AB898C57" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Scenario, Forecast</link:label>
    <link:label id="lab_us-gaap_ScenarioForecastMember_C1798E7ECC45C09F8BA20226AB898C57_label_en-US" xlink:label="lab_us-gaap_ScenarioForecastMember_C1798E7ECC45C09F8BA20226AB898C57" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Scenario, Forecast [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScenarioForecastMember" xlink:label="loc_us-gaap_ScenarioForecastMember_C1798E7ECC45C09F8BA20226AB898C57" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScenarioForecastMember_C1798E7ECC45C09F8BA20226AB898C57" xlink:to="lab_us-gaap_ScenarioForecastMember_C1798E7ECC45C09F8BA20226AB898C57" xlink:type="arc" />
    <link:label id="lab_ndaq_CinnoberMember_D93C2EA73EDE772C2A0F0226AB89BC51_terseLabel_en-US" xlink:label="lab_ndaq_CinnoberMember_D93C2EA73EDE772C2A0F0226AB89BC51" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cinnober</link:label>
    <link:label id="lab_ndaq_CinnoberMember_D93C2EA73EDE772C2A0F0226AB89BC51_label_en-US" xlink:label="lab_ndaq_CinnoberMember_D93C2EA73EDE772C2A0F0226AB89BC51" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cinnober [Member]</link:label>
    <link:label id="lab_ndaq_CinnoberMember_D93C2EA73EDE772C2A0F0226AB89BC51_documentation_en-US" xlink:label="lab_ndaq_CinnoberMember_D93C2EA73EDE772C2A0F0226AB89BC51" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cinnober [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_CinnoberMember" xlink:label="loc_ndaq_CinnoberMember_D93C2EA73EDE772C2A0F0226AB89BC51" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_CinnoberMember_D93C2EA73EDE772C2A0F0226AB89BC51" xlink:to="lab_ndaq_CinnoberMember_D93C2EA73EDE772C2A0F0226AB89BC51" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessAcquisitionLineItems_D5768B79E631B975B1A40226AB8A1B3F_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionLineItems_D5768B79E631B975B1A40226AB8A1B3F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Acquisition [Line Items]</link:label>
    <link:label id="lab_us-gaap_BusinessAcquisitionLineItems_D5768B79E631B975B1A40226AB8A1B3F_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionLineItems_D5768B79E631B975B1A40226AB8A1B3F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="loc_us-gaap_BusinessAcquisitionLineItems_D5768B79E631B975B1A40226AB8A1B3F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessAcquisitionLineItems_D5768B79E631B975B1A40226AB8A1B3F" xlink:to="lab_us-gaap_BusinessAcquisitionLineItems_D5768B79E631B975B1A40226AB8A1B3F" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessAcquisitionSharePrice_C02EDE26337B0DE2DC930226AB8A1D91_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionSharePrice_C02EDE26337B0DE2DC930226AB8A1D91" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">SEK per share offering (in SEK per share)</link:label>
    <link:label id="lab_us-gaap_BusinessAcquisitionSharePrice_C02EDE26337B0DE2DC930226AB8A1D91_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionSharePrice_C02EDE26337B0DE2DC930226AB8A1D91" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition, Share Price</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_BusinessAcquisitionSharePrice" xlink:label="loc_us-gaap_BusinessAcquisitionSharePrice_C02EDE26337B0DE2DC930226AB8A1D91" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessAcquisitionSharePrice_C02EDE26337B0DE2DC930226AB8A1D91" xlink:to="lab_us-gaap_BusinessAcquisitionSharePrice_C02EDE26337B0DE2DC930226AB8A1D91" xlink:type="arc" />
    <link:label id="lab_ndaq_WarrantsIssuedCommonStockExercisePricePerShare_F1C849C8A9BB7F7A39CD0226AB8BBB95_terseLabel_en-US" xlink:label="lab_ndaq_WarrantsIssuedCommonStockExercisePricePerShare_F1C849C8A9BB7F7A39CD0226AB8BBB95" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">SEK per warrant offering (in SEK per warrant)</link:label>
    <link:label id="lab_ndaq_WarrantsIssuedCommonStockExercisePricePerShare_F1C849C8A9BB7F7A39CD0226AB8BBB95_label_en-US" xlink:label="lab_ndaq_WarrantsIssuedCommonStockExercisePricePerShare_F1C849C8A9BB7F7A39CD0226AB8BBB95" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Warrants Issued Common Stock Exercise Price Per Share</link:label>
    <link:label id="lab_ndaq_WarrantsIssuedCommonStockExercisePricePerShare_F1C849C8A9BB7F7A39CD0226AB8BBB95_documentation_en-US" xlink:label="lab_ndaq_WarrantsIssuedCommonStockExercisePricePerShare_F1C849C8A9BB7F7A39CD0226AB8BBB95" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Warrants Issued Common Stock Exercise Price Per Share</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_WarrantsIssuedCommonStockExercisePricePerShare" xlink:label="loc_ndaq_WarrantsIssuedCommonStockExercisePricePerShare_F1C849C8A9BB7F7A39CD0226AB8BBB95" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_WarrantsIssuedCommonStockExercisePricePerShare_F1C849C8A9BB7F7A39CD0226AB8BBB95" xlink:to="lab_ndaq_WarrantsIssuedCommonStockExercisePricePerShare_F1C849C8A9BB7F7A39CD0226AB8BBB95" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquireBusinessesGross_C35A4E00738421A885B60226AB8B0A25_terseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesGross_C35A4E00738421A885B60226AB8B0A25" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Payments to acquire businesses</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireBusinessesGross_C35A4E00738421A885B60226AB8B0A25_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesGross_C35A4E00738421A885B60226AB8B0A25" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Businesses, Gross</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PaymentsToAcquireBusinessesGross" xlink:label="loc_us-gaap_PaymentsToAcquireBusinessesGross_C35A4E00738421A885B60226AB8B0A25" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireBusinessesGross_C35A4E00738421A885B60226AB8B0A25" xlink:to="lab_us-gaap_PaymentsToAcquireBusinessesGross_C35A4E00738421A885B60226AB8B0A25" xlink:type="arc" />
    <link:label id="lab_us-gaap_SaleOfStockPercentageOfOwnershipBeforeTransaction_EE281490AF811425764B0226AB8BBD31_terseLabel_en-US" xlink:label="lab_us-gaap_SaleOfStockPercentageOfOwnershipBeforeTransaction_EE281490AF811425764B0226AB8BBD31" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ownership percentage before transaction</link:label>
    <link:label id="lab_us-gaap_SaleOfStockPercentageOfOwnershipBeforeTransaction_EE281490AF811425764B0226AB8BBD31_label_en-US" xlink:label="lab_us-gaap_SaleOfStockPercentageOfOwnershipBeforeTransaction_EE281490AF811425764B0226AB8BBD31" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sale of Stock, Percentage of Ownership before Transaction</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SaleOfStockPercentageOfOwnershipBeforeTransaction" xlink:label="loc_us-gaap_SaleOfStockPercentageOfOwnershipBeforeTransaction_EE281490AF811425764B0226AB8BBD31" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SaleOfStockPercentageOfOwnershipBeforeTransaction_EE281490AF811425764B0226AB8BBD31" xlink:to="lab_us-gaap_SaleOfStockPercentageOfOwnershipBeforeTransaction_EE281490AF811425764B0226AB8BBD31" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsidiaryOrEquityMethodInvesteeCumulativePercentageOwnershipAfterAllTransactions_1C4D5003E0BC3C6DE94F0226AB8BB81B_terseLabel_en-US" xlink:label="lab_us-gaap_SubsidiaryOrEquityMethodInvesteeCumulativePercentageOwnershipAfterAllTransactions_1C4D5003E0BC3C6DE94F0226AB8BB81B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ownership percentage after transaction</link:label>
    <link:label id="lab_us-gaap_SubsidiaryOrEquityMethodInvesteeCumulativePercentageOwnershipAfterAllTransactions_1C4D5003E0BC3C6DE94F0226AB8BB81B_label_en-US" xlink:label="lab_us-gaap_SubsidiaryOrEquityMethodInvesteeCumulativePercentageOwnershipAfterAllTransactions_1C4D5003E0BC3C6DE94F0226AB8BB81B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsidiary or Equity Method Investee, Cumulative Percentage Ownership after All Transactions</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SubsidiaryOrEquityMethodInvesteeCumulativePercentageOwnershipAfterAllTransactions" xlink:label="loc_us-gaap_SubsidiaryOrEquityMethodInvesteeCumulativePercentageOwnershipAfterAllTransactions_1C4D5003E0BC3C6DE94F0226AB8BB81B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsidiaryOrEquityMethodInvesteeCumulativePercentageOwnershipAfterAllTransactions_1C4D5003E0BC3C6DE94F0226AB8BB81B" xlink:to="lab_us-gaap_SubsidiaryOrEquityMethodInvesteeCumulativePercentageOwnershipAfterAllTransactions_1C4D5003E0BC3C6DE94F0226AB8BB81B" xlink:type="arc" />
    <link:label id="lab_ndaq_InvestmentsDebtAndEquitySecuritiesTable_2C6777052E964EF7C36F0226AAE7132C_terseLabel_en-US" xlink:label="lab_ndaq_InvestmentsDebtAndEquitySecuritiesTable_2C6777052E964EF7C36F0226AAE7132C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments, Debt, and Equity Securities [Table]</link:label>
    <link:label id="lab_ndaq_InvestmentsDebtAndEquitySecuritiesTable_2C6777052E964EF7C36F0226AAE7132C_label_en-US" xlink:label="lab_ndaq_InvestmentsDebtAndEquitySecuritiesTable_2C6777052E964EF7C36F0226AAE7132C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments, Debt, and Equity Securities [Table]</link:label>
    <link:label id="lab_ndaq_InvestmentsDebtAndEquitySecuritiesTable_2C6777052E964EF7C36F0226AAE7132C_documentation_en-US" xlink:label="lab_ndaq_InvestmentsDebtAndEquitySecuritiesTable_2C6777052E964EF7C36F0226AAE7132C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investments, Debt, and Equity Securities [Table]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_InvestmentsDebtAndEquitySecuritiesTable" xlink:label="loc_ndaq_InvestmentsDebtAndEquitySecuritiesTable_2C6777052E964EF7C36F0226AAE7132C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_InvestmentsDebtAndEquitySecuritiesTable_2C6777052E964EF7C36F0226AAE7132C" xlink:to="lab_ndaq_InvestmentsDebtAndEquitySecuritiesTable_2C6777052E964EF7C36F0226AAE7132C" xlink:type="arc" />
    <link:label id="lab_srt_OwnershipAxis_D85B602D5F6014260A2C0226AAE9C05D_terseLabel_en-US" xlink:label="lab_srt_OwnershipAxis_D85B602D5F6014260A2C0226AAE9C05D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ownership [Axis]</link:label>
    <link:label id="lab_srt_OwnershipAxis_D85B602D5F6014260A2C0226AAE9C05D_label_en-US" xlink:label="lab_srt_OwnershipAxis_D85B602D5F6014260A2C0226AAE9C05D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ownership [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_OwnershipAxis" xlink:label="loc_srt_OwnershipAxis_D85B602D5F6014260A2C0226AAE9C05D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_OwnershipAxis_D85B602D5F6014260A2C0226AAE9C05D" xlink:to="lab_srt_OwnershipAxis_D85B602D5F6014260A2C0226AAE9C05D" xlink:type="arc" />
    <link:label id="lab_srt_OwnershipDomain_09FFD5438C699E2AC4040226AAE9D06E_terseLabel_en-US" xlink:label="lab_srt_OwnershipDomain_09FFD5438C699E2AC4040226AAE9D06E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ownership [Domain]</link:label>
    <link:label id="lab_srt_OwnershipDomain_09FFD5438C699E2AC4040226AAE9D06E_label_en-US" xlink:label="lab_srt_OwnershipDomain_09FFD5438C699E2AC4040226AAE9D06E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ownership [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/srt/2018/elts/srt-2018-01-31.xsd#srt_OwnershipDomain" xlink:label="loc_srt_OwnershipDomain_09FFD5438C699E2AC4040226AAE9D06E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_OwnershipDomain_09FFD5438C699E2AC4040226AAE9D06E" xlink:to="lab_srt_OwnershipDomain_09FFD5438C699E2AC4040226AAE9D06E" xlink:type="arc" />
    <link:label id="lab_ndaq_LchMember_5C50B97F0BECBEDD26F00226AAE96548_terseLabel_en-US" xlink:label="lab_ndaq_LchMember_5C50B97F0BECBEDD26F00226AAE96548" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">LCH</link:label>
    <link:label id="lab_ndaq_LchMember_5C50B97F0BECBEDD26F00226AAE96548_label_en-US" xlink:label="lab_ndaq_LchMember_5C50B97F0BECBEDD26F00226AAE96548" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lch [Member]</link:label>
    <link:label id="lab_ndaq_LchMember_5C50B97F0BECBEDD26F00226AAE96548_documentation_en-US" xlink:label="lab_ndaq_LchMember_5C50B97F0BECBEDD26F00226AAE96548" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">LCH [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_LchMember" xlink:label="loc_ndaq_LchMember_5C50B97F0BECBEDD26F00226AAE96548" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_LchMember_5C50B97F0BECBEDD26F00226AAE96548" xlink:to="lab_ndaq_LchMember_5C50B97F0BECBEDD26F00226AAE96548" xlink:type="arc" />
    <link:label id="lab_ndaq_BorsaIstanbulCostMethodInvestmentMember_2E4ED9F28DDE896C35E50226AAEC7F32_terseLabel_en-US" xlink:label="lab_ndaq_BorsaIstanbulCostMethodInvestmentMember_2E4ED9F28DDE896C35E50226AAEC7F32" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Borsa Istanbul Cost Method Investment</link:label>
    <link:label id="lab_ndaq_BorsaIstanbulCostMethodInvestmentMember_2E4ED9F28DDE896C35E50226AAEC7F32_label_en-US" xlink:label="lab_ndaq_BorsaIstanbulCostMethodInvestmentMember_2E4ED9F28DDE896C35E50226AAEC7F32" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borsa Istanbul Cost Method Investment [Member]</link:label>
    <link:label id="lab_ndaq_BorsaIstanbulCostMethodInvestmentMember_2E4ED9F28DDE896C35E50226AAEC7F32_documentation_en-US" xlink:label="lab_ndaq_BorsaIstanbulCostMethodInvestmentMember_2E4ED9F28DDE896C35E50226AAEC7F32" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cost Method Investment in Borsa Istanbul</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_BorsaIstanbulCostMethodInvestmentMember" xlink:label="loc_ndaq_BorsaIstanbulCostMethodInvestmentMember_2E4ED9F28DDE896C35E50226AAEC7F32" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_BorsaIstanbulCostMethodInvestmentMember_2E4ED9F28DDE896C35E50226AAEC7F32" xlink:to="lab_ndaq_BorsaIstanbulCostMethodInvestmentMember_2E4ED9F28DDE896C35E50226AAEC7F32" xlink:type="arc" />
    <link:label id="lab_ndaq_InvestmentsDebtAndSecuritiesLineItems_2D2367E686120EE5DAEA0226AAEC4F42_terseLabel_en-US" xlink:label="lab_ndaq_InvestmentsDebtAndSecuritiesLineItems_2D2367E686120EE5DAEA0226AAEC4F42" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments, Debt and Securities [Line Items]</link:label>
    <link:label id="lab_ndaq_InvestmentsDebtAndSecuritiesLineItems_2D2367E686120EE5DAEA0226AAEC4F42_label_en-US" xlink:label="lab_ndaq_InvestmentsDebtAndSecuritiesLineItems_2D2367E686120EE5DAEA0226AAEC4F42" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments, Debt and Securities [Line Items]</link:label>
    <link:label id="lab_ndaq_InvestmentsDebtAndSecuritiesLineItems_2D2367E686120EE5DAEA0226AAEC4F42_documentation_en-US" xlink:label="lab_ndaq_InvestmentsDebtAndSecuritiesLineItems_2D2367E686120EE5DAEA0226AAEC4F42" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investments, Debt and Securities [Line Items]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_InvestmentsDebtAndSecuritiesLineItems" xlink:label="loc_ndaq_InvestmentsDebtAndSecuritiesLineItems_2D2367E686120EE5DAEA0226AAEC4F42" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_InvestmentsDebtAndSecuritiesLineItems_2D2367E686120EE5DAEA0226AAEC4F42" xlink:to="lab_ndaq_InvestmentsDebtAndSecuritiesLineItems_2D2367E686120EE5DAEA0226AAEC4F42" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax_EB6AF6A9DFE7DDD1187D0226AAECF7D1_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax_EB6AF6A9DFE7DDD1187D0226AAECF7D1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gains and losses on available-for-sale investment securities</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax_EB6AF6A9DFE7DDD1187D0226AAECF7D1_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax_EB6AF6A9DFE7DDD1187D0226AAECF7D1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Securities, Available-for-sale, Adjustment, before Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax_EB6AF6A9DFE7DDD1187D0226AAECF7D1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax_EB6AF6A9DFE7DDD1187D0226AAECF7D1" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax_EB6AF6A9DFE7DDD1187D0226AAECF7D1" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeLossFromEquityMethodInvestments_CD7E730F233C0F570A930226AAEC9DEE_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromEquityMethodInvestments_CD7E730F233C0F570A930226AAEC9DEE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income from unconsolidated investees</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaap_IncomeLossFromEquityMethodInvestments_CD7E730F233C0F570A930226AAEC9DEE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromEquityMethodInvestments_CD7E730F233C0F570A930226AAEC9DEE" xlink:to="lab_us-gaap_IncomeLossFromEquityMethodInvestments_CD7E730F233C0F570A930226AAEC9DEE" xlink:type="arc" />
    <link:label id="lab_ndaq_EquityMethodInvestmentAdditionalOwnershipPercentage_70EB7329CC7AA4EE5B4F0226AAED6703_terseLabel_en-US" xlink:label="lab_ndaq_EquityMethodInvestmentAdditionalOwnershipPercentage_70EB7329CC7AA4EE5B4F0226AAED6703" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional ownership percentage</link:label>
    <link:label id="lab_ndaq_EquityMethodInvestmentAdditionalOwnershipPercentage_70EB7329CC7AA4EE5B4F0226AAED6703_label_en-US" xlink:label="lab_ndaq_EquityMethodInvestmentAdditionalOwnershipPercentage_70EB7329CC7AA4EE5B4F0226AAED6703" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Additional Ownership Percentage</link:label>
    <link:label id="lab_ndaq_EquityMethodInvestmentAdditionalOwnershipPercentage_70EB7329CC7AA4EE5B4F0226AAED6703_documentation_en-US" xlink:label="lab_ndaq_EquityMethodInvestmentAdditionalOwnershipPercentage_70EB7329CC7AA4EE5B4F0226AAED6703" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Equity Method Investment, Additional Ownership Percentage</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_EquityMethodInvestmentAdditionalOwnershipPercentage" xlink:label="loc_ndaq_EquityMethodInvestmentAdditionalOwnershipPercentage_70EB7329CC7AA4EE5B4F0226AAED6703" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_EquityMethodInvestmentAdditionalOwnershipPercentage_70EB7329CC7AA4EE5B4F0226AAED6703" xlink:to="lab_ndaq_EquityMethodInvestmentAdditionalOwnershipPercentage_70EB7329CC7AA4EE5B4F0226AAED6703" xlink:type="arc" />
    <link:label id="lab_ndaq_ContributionInEquityCapital_42B143794BF3F2C99AD80226AAED00C8_terseLabel_en-US" xlink:label="lab_ndaq_ContributionInEquityCapital_42B143794BF3F2C99AD80226AAED00C8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Committed equity contribution</link:label>
    <link:label id="lab_ndaq_ContributionInEquityCapital_42B143794BF3F2C99AD80226AAED00C8_label_en-US" xlink:label="lab_ndaq_ContributionInEquityCapital_42B143794BF3F2C99AD80226AAED00C8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contribution In Equity Capital</link:label>
    <link:label id="lab_ndaq_ContributionInEquityCapital_42B143794BF3F2C99AD80226AAED00C8_documentation_en-US" xlink:label="lab_ndaq_ContributionInEquityCapital_42B143794BF3F2C99AD80226AAED00C8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">OCC's new capital plan &#8211; each existing exchange stockholder agrees to contribute a pro-rata share of the total commitment if certain thresholds are breached</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ContributionInEquityCapital" xlink:label="loc_ndaq_ContributionInEquityCapital_42B143794BF3F2C99AD80226AAED00C8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ContributionInEquityCapital_42B143794BF3F2C99AD80226AAED00C8" xlink:to="lab_ndaq_ContributionInEquityCapital_42B143794BF3F2C99AD80226AAED00C8" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquireEquityMethodInvestments_7907553F6AD7AF80259B0226AAEDA51F_terseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireEquityMethodInvestments_7907553F6AD7AF80259B0226AAEDA51F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital contribution</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireEquityMethodInvestments_7907553F6AD7AF80259B0226AAEDA51F_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireEquityMethodInvestments_7907553F6AD7AF80259B0226AAEDA51F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to Acquire Equity Method Investments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PaymentsToAcquireEquityMethodInvestments" xlink:label="loc_us-gaap_PaymentsToAcquireEquityMethodInvestments_7907553F6AD7AF80259B0226AAEDA51F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireEquityMethodInvestments_7907553F6AD7AF80259B0226AAEDA51F" xlink:to="lab_us-gaap_PaymentsToAcquireEquityMethodInvestments_7907553F6AD7AF80259B0226AAEDA51F" xlink:type="arc" />
    <link:label id="lab_ndaq_AnnualDividendFromShareholdersPercentage_B3A2C3624E247027F59E0226AAED0C30_terseLabel_en-US" xlink:label="lab_ndaq_AnnualDividendFromShareholdersPercentage_B3A2C3624E247027F59E0226AAED0C30" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Annual dividend from shareholders percentage</link:label>
    <link:label id="lab_ndaq_AnnualDividendFromShareholdersPercentage_B3A2C3624E247027F59E0226AAED0C30_label_en-US" xlink:label="lab_ndaq_AnnualDividendFromShareholdersPercentage_B3A2C3624E247027F59E0226AAED0C30" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Annual Dividend From Shareholders Percentage</link:label>
    <link:label id="lab_ndaq_AnnualDividendFromShareholdersPercentage_B3A2C3624E247027F59E0226AAED0C30_documentation_en-US" xlink:label="lab_ndaq_AnnualDividendFromShareholdersPercentage_B3A2C3624E247027F59E0226AAED0C30" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Commitment to pay annual dividend, in excess of the amount required to maintain its target capital requirement and satisfy other capital requirements, and after refunds, the percentage of distributable earnings before tax</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_AnnualDividendFromShareholdersPercentage" xlink:label="loc_ndaq_AnnualDividendFromShareholdersPercentage_B3A2C3624E247027F59E0226AAED0C30" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_AnnualDividendFromShareholdersPercentage_B3A2C3624E247027F59E0226AAED0C30" xlink:to="lab_ndaq_AnnualDividendFromShareholdersPercentage_B3A2C3624E247027F59E0226AAED0C30" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentOwnedBalanceShares_EEF4AB0D6D47D7C0221E0226AAEE6B52_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentOwnedBalanceShares_EEF4AB0D6D47D7C0221E0226AAEE6B52" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares owned (in shares)</link:label>
    <link:label id="lab_us-gaap_InvestmentOwnedBalanceShares_EEF4AB0D6D47D7C0221E0226AAEE6B52_label_en-US" xlink:label="lab_us-gaap_InvestmentOwnedBalanceShares_EEF4AB0D6D47D7C0221E0226AAEE6B52" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Owned, Balance, Shares</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InvestmentOwnedBalanceShares" xlink:label="loc_us-gaap_InvestmentOwnedBalanceShares_EEF4AB0D6D47D7C0221E0226AAEE6B52" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentOwnedBalanceShares_EEF4AB0D6D47D7C0221E0226AAEE6B52" xlink:to="lab_us-gaap_InvestmentOwnedBalanceShares_EEF4AB0D6D47D7C0221E0226AAEE6B52" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestmentDividendsOrDistributions_C3C3B86C6AAB46C27B220226AAEE3A99_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentDividendsOrDistributions_C3C3B86C6AAB46C27B220226AAEE3A99" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Annual dividend received</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestmentDividendsOrDistributions_C3C3B86C6AAB46C27B220226AAEE3A99_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentDividendsOrDistributions_C3C3B86C6AAB46C27B220226AAEE3A99" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Equity Method Investment, Distribution</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EquityMethodInvestmentDividendsOrDistributions" xlink:label="loc_us-gaap_EquityMethodInvestmentDividendsOrDistributions_C3C3B86C6AAB46C27B220226AAEE3A99" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestmentDividendsOrDistributions_C3C3B86C6AAB46C27B220226AAEE3A99" xlink:to="lab_us-gaap_EquityMethodInvestmentDividendsOrDistributions_C3C3B86C6AAB46C27B220226AAEE3A99" xlink:type="arc" />
    <link:label id="lab_ndaq_EquitySecuritieswithoutReadilyDeterminableFairValueOwnershipPercentage_8C7FC694EF3FDA0CC4E70226AAEEE72E_terseLabel_en-US" xlink:label="lab_ndaq_EquitySecuritieswithoutReadilyDeterminableFairValueOwnershipPercentage_8C7FC694EF3FDA0CC4E70226AAEEE72E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Ownership percentage</link:label>
    <link:label id="lab_ndaq_EquitySecuritieswithoutReadilyDeterminableFairValueOwnershipPercentage_8C7FC694EF3FDA0CC4E70226AAEEE72E_label_en-US" xlink:label="lab_ndaq_EquitySecuritieswithoutReadilyDeterminableFairValueOwnershipPercentage_8C7FC694EF3FDA0CC4E70226AAEEE72E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Securities without Readily Determinable Fair Value, Ownership Percentage</link:label>
    <link:label id="lab_ndaq_EquitySecuritieswithoutReadilyDeterminableFairValueOwnershipPercentage_8C7FC694EF3FDA0CC4E70226AAEEE72E_documentation_en-US" xlink:label="lab_ndaq_EquitySecuritieswithoutReadilyDeterminableFairValueOwnershipPercentage_8C7FC694EF3FDA0CC4E70226AAEEE72E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Equity Securities without Readily Determinable Fair Value, Ownership Percentage</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_EquitySecuritieswithoutReadilyDeterminableFairValueOwnershipPercentage" xlink:label="loc_ndaq_EquitySecuritieswithoutReadilyDeterminableFairValueOwnershipPercentage_8C7FC694EF3FDA0CC4E70226AAEEE72E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_EquitySecuritieswithoutReadilyDeterminableFairValueOwnershipPercentage_8C7FC694EF3FDA0CC4E70226AAEEE72E" xlink:to="lab_ndaq_EquitySecuritieswithoutReadilyDeterminableFairValueOwnershipPercentage_8C7FC694EF3FDA0CC4E70226AAEEE72E" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquitySecuritiesFvNiRealizedGainLoss_697CBBD838235E1DE42B0226AAEE4EC6_terseLabel_en-US" xlink:label="lab_us-gaap_EquitySecuritiesFvNiRealizedGainLoss_697CBBD838235E1DE42B0226AAEE4EC6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain on sale of equity investment, pre-tax</link:label>
    <link:label id="lab_us-gaap_EquitySecuritiesFvNiRealizedGainLoss_697CBBD838235E1DE42B0226AAEE4EC6_label_en-US" xlink:label="lab_us-gaap_EquitySecuritiesFvNiRealizedGainLoss_697CBBD838235E1DE42B0226AAEE4EC6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Securities, FV-NI, Realized Gain (Loss)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EquitySecuritiesFvNiRealizedGainLoss" xlink:label="loc_us-gaap_EquitySecuritiesFvNiRealizedGainLoss_697CBBD838235E1DE42B0226AAEE4EC6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquitySecuritiesFvNiRealizedGainLoss_697CBBD838235E1DE42B0226AAEE4EC6" xlink:to="lab_us-gaap_EquitySecuritiesFvNiRealizedGainLoss_697CBBD838235E1DE42B0226AAEE4EC6" xlink:type="arc" />
    <link:label id="lab_ndaq_EquitySecuritiesFVNIRealizedGainLossAfterTax_058E3522BF2EA7A036420226AAEFC0D4_terseLabel_en-US" xlink:label="lab_ndaq_EquitySecuritiesFVNIRealizedGainLossAfterTax_058E3522BF2EA7A036420226AAEFC0D4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain on sale of equity investment, after tax</link:label>
    <link:label id="lab_ndaq_EquitySecuritiesFVNIRealizedGainLossAfterTax_058E3522BF2EA7A036420226AAEFC0D4_label_en-US" xlink:label="lab_ndaq_EquitySecuritiesFVNIRealizedGainLossAfterTax_058E3522BF2EA7A036420226AAEFC0D4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Securities, FV-NI, Realized Gain (Loss), After Tax</link:label>
    <link:label id="lab_ndaq_EquitySecuritiesFVNIRealizedGainLossAfterTax_058E3522BF2EA7A036420226AAEFC0D4_documentation_en-US" xlink:label="lab_ndaq_EquitySecuritiesFVNIRealizedGainLossAfterTax_058E3522BF2EA7A036420226AAEFC0D4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Equity Securities, FV-NI, Realized Gain (Loss), After Tax</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_EquitySecuritiesFVNIRealizedGainLossAfterTax" xlink:label="loc_ndaq_EquitySecuritiesFVNIRealizedGainLossAfterTax_058E3522BF2EA7A036420226AAEFC0D4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_EquitySecuritiesFVNIRealizedGainLossAfterTax_058E3522BF2EA7A036420226AAEFC0D4" xlink:to="lab_ndaq_EquitySecuritiesFVNIRealizedGainLossAfterTax_058E3522BF2EA7A036420226AAEFC0D4" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquitySecuritiesWithoutReadilyDeterminableFairValueAmount_93DE7FBB92BFFAF3438B0226AAEF41C3_terseLabel_en-US" xlink:label="lab_us-gaap_EquitySecuritiesWithoutReadilyDeterminableFairValueAmount_93DE7FBB92BFFAF3438B0226AAEF41C3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity securities</link:label>
    <link:label id="lab_us-gaap_EquitySecuritiesWithoutReadilyDeterminableFairValueAmount_93DE7FBB92BFFAF3438B0226AAEF41C3_label_en-US" xlink:label="lab_us-gaap_EquitySecuritiesWithoutReadilyDeterminableFairValueAmount_93DE7FBB92BFFAF3438B0226AAEF41C3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Securities without Readily Determinable Fair Value, Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EquitySecuritiesWithoutReadilyDeterminableFairValueAmount" xlink:label="loc_us-gaap_EquitySecuritiesWithoutReadilyDeterminableFairValueAmount_93DE7FBB92BFFAF3438B0226AAEF41C3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquitySecuritiesWithoutReadilyDeterminableFairValueAmount_93DE7FBB92BFFAF3438B0226AAEF41C3" xlink:to="lab_us-gaap_EquitySecuritiesWithoutReadilyDeterminableFairValueAmount_93DE7FBB92BFFAF3438B0226AAEF41C3" xlink:type="arc" />
    <link:label id="lab_ndaq_ConsiderationReceivedForPutOptionExercised_7E2D2DB74EB46759160A0226AAEFF3B7_terseLabel_en-US" xlink:label="lab_ndaq_ConsiderationReceivedForPutOptionExercised_7E2D2DB74EB46759160A0226AAEFF3B7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consideration received for put option exercised</link:label>
    <link:label id="lab_ndaq_ConsiderationReceivedForPutOptionExercised_7E2D2DB74EB46759160A0226AAEFF3B7_label_en-US" xlink:label="lab_ndaq_ConsiderationReceivedForPutOptionExercised_7E2D2DB74EB46759160A0226AAEFF3B7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consideration Received For Put Option Exercised</link:label>
    <link:label id="lab_ndaq_ConsiderationReceivedForPutOptionExercised_7E2D2DB74EB46759160A0226AAEFF3B7_documentation_en-US" xlink:label="lab_ndaq_ConsiderationReceivedForPutOptionExercised_7E2D2DB74EB46759160A0226AAEFF3B7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Consideration Received For Put Option Exercised</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ConsiderationReceivedForPutOptionExercised" xlink:label="loc_ndaq_ConsiderationReceivedForPutOptionExercised_7E2D2DB74EB46759160A0226AAEFF3B7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ConsiderationReceivedForPutOptionExercised_7E2D2DB74EB46759160A0226AAEFF3B7" xlink:to="lab_ndaq_ConsiderationReceivedForPutOptionExercised_7E2D2DB74EB46759160A0226AAEFF3B7" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementOfStockholdersEquityAbstract_1B913C811D1EF40006B6EE8701069EF8_label_en-US" xlink:label="lab_us-gaap_StatementOfStockholdersEquityAbstract_1B913C811D1EF40006B6EE8701069EF8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Stockholders' Equity [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StatementOfStockholdersEquityAbstract" xlink:label="loc_us-gaap_StatementOfStockholdersEquityAbstract_1B913C811D1EF40006B6EE8701069EF8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOfStockholdersEquityAbstract_1B913C811D1EF40006B6EE8701069EF8" xlink:to="lab_us-gaap_StatementOfStockholdersEquityAbstract_1B913C811D1EF40006B6EE8701069EF8" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockMember_D8C6CEA6B6243723DB8AEE8701065504_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockMember_D8C6CEA6B6243723DB8AEE8701065504" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock</link:label>
    <link:label id="lab_us-gaap_CommonStockMember_D8C6CEA6B6243723DB8AEE8701065504_label_en-US" xlink:label="lab_us-gaap_CommonStockMember_D8C6CEA6B6243723DB8AEE8701065504" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CommonStockMember" xlink:label="loc_us-gaap_CommonStockMember_D8C6CEA6B6243723DB8AEE8701065504" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockMember_D8C6CEA6B6243723DB8AEE8701065504" xlink:to="lab_us-gaap_CommonStockMember_D8C6CEA6B6243723DB8AEE8701065504" xlink:type="arc" />
    <link:label id="lab_us-gaap_AdditionalPaidInCapitalMember_7927C7974A789A158029EE870106D4C4_terseLabel_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapitalMember_7927C7974A789A158029EE870106D4C4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional Paid-in Capital</link:label>
    <link:label id="lab_us-gaap_AdditionalPaidInCapitalMember_7927C7974A789A158029EE870106D4C4_label_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapitalMember_7927C7974A789A158029EE870106D4C4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additional Paid-in Capital [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AdditionalPaidInCapitalMember" xlink:label="loc_us-gaap_AdditionalPaidInCapitalMember_7927C7974A789A158029EE870106D4C4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdditionalPaidInCapitalMember_7927C7974A789A158029EE870106D4C4" xlink:to="lab_us-gaap_AdditionalPaidInCapitalMember_7927C7974A789A158029EE870106D4C4" xlink:type="arc" />
    <link:label id="lab_us-gaap_TreasuryStockMember_68731D42A53A41FB6A4FEE870106AA9A_terseLabel_en-US" xlink:label="lab_us-gaap_TreasuryStockMember_68731D42A53A41FB6A4FEE870106AA9A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common Stock In Treasury, at Cost</link:label>
    <link:label id="lab_us-gaap_TreasuryStockMember_68731D42A53A41FB6A4FEE870106AA9A_label_en-US" xlink:label="lab_us-gaap_TreasuryStockMember_68731D42A53A41FB6A4FEE870106AA9A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Treasury Stock [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_TreasuryStockMember" xlink:label="loc_us-gaap_TreasuryStockMember_68731D42A53A41FB6A4FEE870106AA9A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TreasuryStockMember_68731D42A53A41FB6A4FEE870106AA9A" xlink:to="lab_us-gaap_TreasuryStockMember_68731D42A53A41FB6A4FEE870106AA9A" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_C12293D3F23CE47EA721EE8701068370_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_C12293D3F23CE47EA721EE8701068370" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Stockholders' Equity [Roll Forward]</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_C12293D3F23CE47EA721EE8701068370_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_C12293D3F23CE47EA721EE8701068370" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Stockholders' Equity [Roll Forward]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncreaseDecreaseInStockholdersEquityRollForward" xlink:label="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_C12293D3F23CE47EA721EE8701068370" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_C12293D3F23CE47EA721EE8701068370" xlink:to="lab_us-gaap_IncreaseDecreaseInStockholdersEquityRollForward_C12293D3F23CE47EA721EE8701068370" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharesOutstanding_9FDD5D79846D0FB8AFBFEE870106493F_periodStartLabel_en-US" xlink:label="lab_us-gaap_SharesOutstanding_9FDD5D79846D0FB8AFBFEE870106493F" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Common stock, shares outstanding (in shares)</link:label>
    <link:label id="lab_us-gaap_SharesOutstanding_9FDD5D79846D0FB8AFBFEE870106493F_label_en-US" xlink:label="lab_us-gaap_SharesOutstanding_9FDD5D79846D0FB8AFBFEE870106493F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Shares, Outstanding</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SharesOutstanding" xlink:label="loc_us-gaap_SharesOutstanding_9FDD5D79846D0FB8AFBFEE870106493F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharesOutstanding_9FDD5D79846D0FB8AFBFEE870106493F" xlink:to="lab_us-gaap_SharesOutstanding_9FDD5D79846D0FB8AFBFEE870106493F" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_7D1A775490D851740152EE870106D7C5_periodStartLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_7D1A775490D851740152EE870106D7C5" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Balance</link:label>
    <link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_7D1A775490D851740152EE870106D7C5_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_7D1A775490D851740152EE870106D7C5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_7D1A775490D851740152EE870106D7C5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_7D1A775490D851740152EE870106D7C5" xlink:to="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_7D1A775490D851740152EE870106D7C5" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProfitLoss_A95D8C0A6E4FBD791C5DEE870106460A_verboseLabel_en-US" xlink:label="lab_us-gaap_ProfitLoss_A95D8C0A6E4FBD791C5DEE870106460A" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Net income</link:label>
    <link:label id="lab_us-gaap_ProfitLoss_A95D8C0A6E4FBD791C5DEE870106460A_label_en-US" xlink:label="lab_us-gaap_ProfitLoss_A95D8C0A6E4FBD791C5DEE870106460A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income (Loss), Including Portion Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_A95D8C0A6E4FBD791C5DEE870106460A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProfitLoss_A95D8C0A6E4FBD791C5DEE870106460A" xlink:to="lab_us-gaap_ProfitLoss_A95D8C0A6E4FBD791C5DEE870106460A" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_8A839CF9878CFC649EB7EE870106CAA4_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_8A839CF9878CFC649EB7EE870106CAA4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other comprehensive (loss) income</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_8A839CF9878CFC649EB7EE870106CAA4_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_8A839CF9878CFC649EB7EE870106CAA4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Net of Tax</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_8A839CF9878CFC649EB7EE870106CAA4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossNetOfTax_8A839CF9878CFC649EB7EE870106CAA4" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_8A839CF9878CFC649EB7EE870106CAA4" xlink:type="arc" />
    <link:label id="lab_ndaq_TaxCutsAndJobsActOf2017ReclassificationFromAOCIToRetainedEarnings_234EED5B38CC908292D2EE87010626CC_terseLabel_en-US" xlink:label="lab_ndaq_TaxCutsAndJobsActOf2017ReclassificationFromAOCIToRetainedEarnings_234EED5B38CC908292D2EE87010626CC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reclassification impact of Tax Reform</link:label>
    <link:label id="lab_ndaq_TaxCutsAndJobsActOf2017ReclassificationFromAOCIToRetainedEarnings_234EED5B38CC908292D2EE87010626CC_label_en-US" xlink:label="lab_ndaq_TaxCutsAndJobsActOf2017ReclassificationFromAOCIToRetainedEarnings_234EED5B38CC908292D2EE87010626CC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax Cuts And Jobs Act Of 2017, Reclassification From AOCI To Retained Earnings</link:label>
    <link:label id="lab_ndaq_TaxCutsAndJobsActOf2017ReclassificationFromAOCIToRetainedEarnings_234EED5B38CC908292D2EE87010626CC_documentation_en-US" xlink:label="lab_ndaq_TaxCutsAndJobsActOf2017ReclassificationFromAOCIToRetainedEarnings_234EED5B38CC908292D2EE87010626CC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tax Cuts and Jobs Act of 2017, Reclassification from AOCI to Retained Earnings</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_TaxCutsAndJobsActOf2017ReclassificationFromAOCIToRetainedEarnings" xlink:label="loc_ndaq_TaxCutsAndJobsActOf2017ReclassificationFromAOCIToRetainedEarnings_234EED5B38CC908292D2EE87010626CC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_TaxCutsAndJobsActOf2017ReclassificationFromAOCIToRetainedEarnings_234EED5B38CC908292D2EE87010626CC" xlink:to="lab_ndaq_TaxCutsAndJobsActOf2017ReclassificationFromAOCIToRetainedEarnings_234EED5B38CC908292D2EE87010626CC" xlink:type="arc" />
    <link:label id="lab_us-gaap_DividendsCommonStockCash_D144074EB1678C29068AEE8701065601_negatedLabel_en-US" xlink:label="lab_us-gaap_DividendsCommonStockCash_D144074EB1678C29068AEE8701065601" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Cash dividends declared per common share</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DividendsCommonStockCash" xlink:label="loc_us-gaap_DividendsCommonStockCash_D144074EB1678C29068AEE8701065601" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DividendsCommonStockCash_D144074EB1678C29068AEE8701065601" xlink:to="lab_us-gaap_DividendsCommonStockCash_D144074EB1678C29068AEE8701065601" xlink:type="arc" />
    <link:label id="lab_us-gaap_TreasuryStockSharesAcquired_A10513E9701DF02759EAEE8701069790_negatedLabel_en-US" xlink:label="lab_us-gaap_TreasuryStockSharesAcquired_A10513E9701DF02759EAEE8701069790" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Share repurchase program (in shares)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_TreasuryStockSharesAcquired" xlink:label="loc_us-gaap_TreasuryStockSharesAcquired_A10513E9701DF02759EAEE8701069790" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TreasuryStockSharesAcquired_A10513E9701DF02759EAEE8701069790" xlink:to="lab_us-gaap_TreasuryStockSharesAcquired_A10513E9701DF02759EAEE8701069790" xlink:type="arc" />
    <link:label id="lab_us-gaap_TreasuryStockValueAcquiredParValueMethod_444EB8246D4ABFAAB35CEE870106987E_negatedLabel_en-US" xlink:label="lab_us-gaap_TreasuryStockValueAcquiredParValueMethod_444EB8246D4ABFAAB35CEE870106987E" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Share repurchase program</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_TreasuryStockValueAcquiredParValueMethod" xlink:label="loc_us-gaap_TreasuryStockValueAcquiredParValueMethod_444EB8246D4ABFAAB35CEE870106987E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TreasuryStockValueAcquiredParValueMethod_444EB8246D4ABFAAB35CEE870106987E" xlink:to="lab_us-gaap_TreasuryStockValueAcquiredParValueMethod_444EB8246D4ABFAAB35CEE870106987E" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures_2824AD712A0B29902877EE8701067F6C_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures_2824AD712A0B29902877EE8701067F6C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based compensation (in shares)</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures_2824AD712A0B29902877EE8701067F6C_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures_2824AD712A0B29902877EE8701067F6C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures_2824AD712A0B29902877EE8701067F6C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures_2824AD712A0B29902877EE8701067F6C" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures_2824AD712A0B29902877EE8701067F6C" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures_2046FCC265B91A872C32EE8701063233_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures_2046FCC265B91A872C32EE8701063233" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-based compensation</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures_2046FCC265B91A872C32EE8701063233_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures_2046FCC265B91A872C32EE8701063233" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures_2046FCC265B91A872C32EE8701063233" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures_2046FCC265B91A872C32EE8701063233" xlink:to="lab_us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures_2046FCC265B91A872C32EE8701063233" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_A8534E8101201F89A261EE870106A7E8_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_A8534E8101201F89A261EE870106A7E8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock option exercises, net (in shares)</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_A8534E8101201F89A261EE870106A7E8_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_A8534E8101201F89A261EE870106A7E8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_A8534E8101201F89A261EE870106A7E8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_A8534E8101201F89A261EE870106A7E8" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_A8534E8101201F89A261EE870106A7E8" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised_74FBB392F76FE8B72885EE87010627EB_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised_74FBB392F76FE8B72885EE87010627EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock option exercises, net</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised_74FBB392F76FE8B72885EE87010627EB_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised_74FBB392F76FE8B72885EE87010627EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Value, Stock Options Exercised</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised_74FBB392F76FE8B72885EE87010627EB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised_74FBB392F76FE8B72885EE87010627EB" xlink:to="lab_us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised_74FBB392F76FE8B72885EE87010627EB" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquityOtherShares_806F6B587888DF399F32EE8701062626_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityOtherShares_806F6B587888DF399F32EE8701062626" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Other issuances of common stock, net (in shares)</link:label>
    <link:label id="lab_us-gaap_StockholdersEquityOtherShares_806F6B587888DF399F32EE8701062626_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityOtherShares_806F6B587888DF399F32EE8701062626" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity, Other Shares</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StockholdersEquityOtherShares" xlink:label="loc_us-gaap_StockholdersEquityOtherShares_806F6B587888DF399F32EE8701062626" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquityOtherShares_806F6B587888DF399F32EE8701062626" xlink:to="lab_us-gaap_StockholdersEquityOtherShares_806F6B587888DF399F32EE8701062626" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquityOther_2058FE02B44CF685398FEE87010687BE_negatedLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityOther_2058FE02B44CF685398FEE87010687BE" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Other issuances of common stock, net</link:label>
    <link:label id="lab_us-gaap_StockholdersEquityOther_2058FE02B44CF685398FEE87010687BE_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityOther_2058FE02B44CF685398FEE87010687BE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity, Other</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StockholdersEquityOther" xlink:label="loc_us-gaap_StockholdersEquityOther_2058FE02B44CF685398FEE87010687BE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquityOther_2058FE02B44CF685398FEE87010687BE" xlink:to="lab_us-gaap_StockholdersEquityOther_2058FE02B44CF685398FEE87010687BE" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesAcquisitions_EF0DE2E429F027075169EE870106F5AA_netLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesAcquisitions_EF0DE2E429F027075169EE870106F5AA" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Issuance of Nasdaq common stock related to a prior acquisition (in shares)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesAcquisitions" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesAcquisitions_EF0DE2E429F027075169EE870106F5AA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesAcquisitions_EF0DE2E429F027075169EE870106F5AA" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesAcquisitions_EF0DE2E429F027075169EE870106F5AA" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharesOutstanding_4B6899462DAA4B74B0E2EE870106130B_periodEndLabel_en-US" xlink:label="lab_us-gaap_SharesOutstanding_4B6899462DAA4B74B0E2EE870106130B" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Common stock, shares outstanding (in shares)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SharesOutstanding" xlink:label="loc_us-gaap_SharesOutstanding_4B6899462DAA4B74B0E2EE870106130B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharesOutstanding_4B6899462DAA4B74B0E2EE870106130B" xlink:to="lab_us-gaap_SharesOutstanding_4B6899462DAA4B74B0E2EE870106130B" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_EE9C09F0D63BA7656A62EE870106F508_periodEndLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_EE9C09F0D63BA7656A62EE870106F508" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Balance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_EE9C09F0D63BA7656A62EE870106F508" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_EE9C09F0D63BA7656A62EE870106F508" xlink:to="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_EE9C09F0D63BA7656A62EE870106F508" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock_57547BE1E79D46ED73809FC250E2361A_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock_57547BE1E79D46ED73809FC250E2361A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of Restructuring Charges</link:label>
    <link:label id="lab_us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock_57547BE1E79D46ED73809FC250E2361A_label_en-US" xlink:label="lab_us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock_57547BE1E79D46ED73809FC250E2361A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restructuring and Related Costs [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock" xlink:label="loc_us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock_57547BE1E79D46ED73809FC250E2361A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock_57547BE1E79D46ED73809FC250E2361A" xlink:to="lab_us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock_57547BE1E79D46ED73809FC250E2361A" xlink:type="arc" />
    <link:label id="lab_us-gaap_DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember_97B1F1C2121C09E2A8ECE763CD41DCAE_terseLabel_en-US" xlink:label="lab_us-gaap_DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember_B7CD1A1415105173B8AE545BE6305C1C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disposal Group, Disposed of by Sale, Not Discontinued Operations</link:label>
    <link:label id="lab_us-gaap_DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember_97B1F1C2121C09E2A8ECE763CD41DCAE_label_en-US" xlink:label="lab_us-gaap_DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember_B7CD1A1415105173B8AE545BE6305C1C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember" xlink:label="loc_us-gaap_DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember_B7CD1A1415105173B8AE545BE6305C1C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember_B7CD1A1415105173B8AE545BE6305C1C" xlink:to="lab_us-gaap_DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember_B7CD1A1415105173B8AE545BE6305C1C" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainLossOnSaleOfBusiness_6457CD3693FDB7EF9230E763CD43D6D2_verboseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfBusiness_80D9597F75F85614B14B427F52064AFF" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Net gain on divestiture of businesses</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_GainLossOnSaleOfBusiness" xlink:label="loc_us-gaap_GainLossOnSaleOfBusiness_80D9597F75F85614B14B427F52064AFF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainLossOnSaleOfBusiness_80D9597F75F85614B14B427F52064AFF" xlink:to="lab_us-gaap_GainLossOnSaleOfBusiness_80D9597F75F85614B14B427F52064AFF" xlink:type="arc" />
    <link:label id="lab_ndaq_GainLossOnDispositionOfBusinessNetOfTax_FBD45BF68BF2CC9F8F6FE763CD434F2C_terseLabel_en-US" xlink:label="lab_ndaq_GainLossOnDispositionOfBusinessNetOfTax_AF6C5C428E895441B72C361E22AC2430" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain on divestiture of business, after tax</link:label>
    <link:label id="lab_ndaq_GainLossOnDispositionOfBusinessNetOfTax_FBD45BF68BF2CC9F8F6FE763CD434F2C_label_en-US" xlink:label="lab_ndaq_GainLossOnDispositionOfBusinessNetOfTax_AF6C5C428E895441B72C361E22AC2430" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (Loss) On Disposition Of Business, Net Of Tax</link:label>
    <link:label id="lab_ndaq_GainLossOnDispositionOfBusinessNetOfTax_FBD45BF68BF2CC9F8F6FE763CD434F2C_documentation_en-US" xlink:label="lab_ndaq_GainLossOnDispositionOfBusinessNetOfTax_AF6C5C428E895441B72C361E22AC2430" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Gain (Loss) On Disposition Of Business, Net Of Tax</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_GainLossOnDispositionOfBusinessNetOfTax" xlink:label="loc_ndaq_GainLossOnDispositionOfBusinessNetOfTax_AF6C5C428E895441B72C361E22AC2430" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_GainLossOnDispositionOfBusinessNetOfTax_AF6C5C428E895441B72C361E22AC2430" xlink:to="lab_ndaq_GainLossOnDispositionOfBusinessNetOfTax_AF6C5C428E895441B72C361E22AC2430" xlink:type="arc" />
    <link:label id="lab_ndaq_DisposalGroupWorkingCapitalAdjustment_1FC54362C3EAC5444816E763CD434EB4_terseLabel_en-US" xlink:label="lab_ndaq_DisposalGroupWorkingCapitalAdjustment_818C37274688526BADC572E67566983F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Working capital adjustment</link:label>
    <link:label id="lab_ndaq_DisposalGroupWorkingCapitalAdjustment_1FC54362C3EAC5444816E763CD434EB4_label_en-US" xlink:label="lab_ndaq_DisposalGroupWorkingCapitalAdjustment_818C37274688526BADC572E67566983F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal Group, Working Capital Adjustment</link:label>
    <link:label id="lab_ndaq_DisposalGroupWorkingCapitalAdjustment_1FC54362C3EAC5444816E763CD434EB4_documentation_en-US" xlink:label="lab_ndaq_DisposalGroupWorkingCapitalAdjustment_818C37274688526BADC572E67566983F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disposal Group, Working Capital Adjustment</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_DisposalGroupWorkingCapitalAdjustment" xlink:label="loc_ndaq_DisposalGroupWorkingCapitalAdjustment_818C37274688526BADC572E67566983F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_DisposalGroupWorkingCapitalAdjustment_818C37274688526BADC572E67566983F" xlink:to="lab_ndaq_DisposalGroupWorkingCapitalAdjustment_818C37274688526BADC572E67566983F" xlink:type="arc" />
    <link:label id="lab_ndaq_DisposalGroupWorkingCapitalAdjustmentNetofTax_3A00D7CCE7819147AFBDE763CD437339_terseLabel_en-US" xlink:label="lab_ndaq_DisposalGroupWorkingCapitalAdjustmentNetofTax_8CCB6D8E5CE25F12893389B6F3DA0FAE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Working capital adjustment, after tax</link:label>
    <link:label id="lab_ndaq_DisposalGroupWorkingCapitalAdjustmentNetofTax_3A00D7CCE7819147AFBDE763CD437339_label_en-US" xlink:label="lab_ndaq_DisposalGroupWorkingCapitalAdjustmentNetofTax_8CCB6D8E5CE25F12893389B6F3DA0FAE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal Group, Working Capital Adjustment, Net of Tax</link:label>
    <link:label id="lab_ndaq_DisposalGroupWorkingCapitalAdjustmentNetofTax_3A00D7CCE7819147AFBDE763CD437339_documentation_en-US" xlink:label="lab_ndaq_DisposalGroupWorkingCapitalAdjustmentNetofTax_8CCB6D8E5CE25F12893389B6F3DA0FAE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disposal Group, Working Capital Adjustment, Net of Tax</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_DisposalGroupWorkingCapitalAdjustmentNetofTax" xlink:label="loc_ndaq_DisposalGroupWorkingCapitalAdjustmentNetofTax_8CCB6D8E5CE25F12893389B6F3DA0FAE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_DisposalGroupWorkingCapitalAdjustmentNetofTax_8CCB6D8E5CE25F12893389B6F3DA0FAE" xlink:to="lab_ndaq_DisposalGroupWorkingCapitalAdjustmentNetofTax_8CCB6D8E5CE25F12893389B6F3DA0FAE" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeStatementAbstract_2812784670E4DA736064C5A1D0DD120A_label_en-US" xlink:label="lab_us-gaap_IncomeStatementAbstract_2812784670E4DA736064C5A1D0DD120A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Statement [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="loc_us-gaap_IncomeStatementAbstract_2812784670E4DA736064C5A1D0DD120A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeStatementAbstract_2812784670E4DA736064C5A1D0DD120A" xlink:to="lab_us-gaap_IncomeStatementAbstract_2812784670E4DA736064C5A1D0DD120A" xlink:type="arc" />
    <link:label id="lab_us-gaap_ServiceOtherMember_901BFAE3A26CD9DCDB11C5A1D0DF6D3C_terseLabel_en-US" xlink:label="lab_us-gaap_ServiceOtherMember_901BFAE3A26CD9DCDB11C5A1D0DF6D3C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other revenues</link:label>
    <link:label id="lab_us-gaap_ServiceOtherMember_901BFAE3A26CD9DCDB11C5A1D0DF6D3C_label_en-US" xlink:label="lab_us-gaap_ServiceOtherMember_901BFAE3A26CD9DCDB11C5A1D0DF6D3C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Service, Other [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ServiceOtherMember" xlink:label="loc_us-gaap_ServiceOtherMember_901BFAE3A26CD9DCDB11C5A1D0DF6D3C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ServiceOtherMember_901BFAE3A26CD9DCDB11C5A1D0DF6D3C" xlink:to="lab_us-gaap_ServiceOtherMember_901BFAE3A26CD9DCDB11C5A1D0DF6D3C" xlink:type="arc" />
    <link:label id="lab_us-gaap_CostOfRevenueAbstract_834742E98FFDD5DC48F6C5A1D0E01D6A_terseLabel_en-US" xlink:label="lab_us-gaap_CostOfRevenueAbstract_834742E98FFDD5DC48F6C5A1D0E01D6A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transaction-based expenses:</link:label>
    <link:label id="lab_us-gaap_CostOfRevenueAbstract_834742E98FFDD5DC48F6C5A1D0E01D6A_label_en-US" xlink:label="lab_us-gaap_CostOfRevenueAbstract_834742E98FFDD5DC48F6C5A1D0E01D6A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cost of Revenue [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CostOfRevenueAbstract" xlink:label="loc_us-gaap_CostOfRevenueAbstract_834742E98FFDD5DC48F6C5A1D0E01D6A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CostOfRevenueAbstract_834742E98FFDD5DC48F6C5A1D0E01D6A" xlink:to="lab_us-gaap_CostOfRevenueAbstract_834742E98FFDD5DC48F6C5A1D0E01D6A" xlink:type="arc" />
    <link:label id="lab_ndaq_TransactionRebate_821190C026B8AE30B84BC5A1D0E055BF_negatedLabel_en-US" xlink:label="lab_ndaq_TransactionRebate_821190C026B8AE30B84BC5A1D0E055BF" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Transaction rebates</link:label>
    <link:label id="lab_ndaq_TransactionRebate_821190C026B8AE30B84BC5A1D0E055BF_label_en-US" xlink:label="lab_ndaq_TransactionRebate_821190C026B8AE30B84BC5A1D0E055BF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transaction Rebate</link:label>
    <link:label id="lab_ndaq_TransactionRebate_821190C026B8AE30B84BC5A1D0E055BF_documentation_en-US" xlink:label="lab_ndaq_TransactionRebate_821190C026B8AE30B84BC5A1D0E055BF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">We credit a portion of the per share execution charge to market participants and record the transaction rebate as a cost of revenues in the Consolidated Statements of Income.</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_TransactionRebate" xlink:label="loc_ndaq_TransactionRebate_821190C026B8AE30B84BC5A1D0E055BF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_TransactionRebate_821190C026B8AE30B84BC5A1D0E055BF" xlink:to="lab_ndaq_TransactionRebate_821190C026B8AE30B84BC5A1D0E055BF" xlink:type="arc" />
    <link:label id="lab_us-gaap_FloorBrokerageExchangeAndClearanceFees_FCA867180233BB540C85C5A1D0E16A2A_negatedLabel_en-US" xlink:label="lab_us-gaap_FloorBrokerageExchangeAndClearanceFees_FCA867180233BB540C85C5A1D0E16A2A" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Brokerage, clearance and exchange fees</link:label>
    <link:label id="lab_us-gaap_FloorBrokerageExchangeAndClearanceFees_FCA867180233BB540C85C5A1D0E16A2A_label_en-US" xlink:label="lab_us-gaap_FloorBrokerageExchangeAndClearanceFees_FCA867180233BB540C85C5A1D0E16A2A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Floor Brokerage, Exchange and Clearance Fees</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FloorBrokerageExchangeAndClearanceFees" xlink:label="loc_us-gaap_FloorBrokerageExchangeAndClearanceFees_FCA867180233BB540C85C5A1D0E16A2A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FloorBrokerageExchangeAndClearanceFees_FCA867180233BB540C85C5A1D0E16A2A" xlink:to="lab_us-gaap_FloorBrokerageExchangeAndClearanceFees_FCA867180233BB540C85C5A1D0E16A2A" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingExpensesAbstract_29E04765804A780E644BC5A1D0E1CCA1_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingExpensesAbstract_29E04765804A780E644BC5A1D0E1CCA1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating expenses:</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="loc_us-gaap_OperatingExpensesAbstract_29E04765804A780E644BC5A1D0E1CCA1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingExpensesAbstract_29E04765804A780E644BC5A1D0E1CCA1" xlink:to="lab_us-gaap_OperatingExpensesAbstract_29E04765804A780E644BC5A1D0E1CCA1" xlink:type="arc" />
    <link:label id="lab_us-gaap_LaborAndRelatedExpense_18680C3C407DE3DE6A10C5A1D0E16142_terseLabel_en-US" xlink:label="lab_us-gaap_LaborAndRelatedExpense_18680C3C407DE3DE6A10C5A1D0E16142" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Compensation and benefits</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LaborAndRelatedExpense" xlink:label="loc_us-gaap_LaborAndRelatedExpense_18680C3C407DE3DE6A10C5A1D0E16142" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LaborAndRelatedExpense_18680C3C407DE3DE6A10C5A1D0E16142" xlink:to="lab_us-gaap_LaborAndRelatedExpense_18680C3C407DE3DE6A10C5A1D0E16142" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProfessionalFees_024BC4EBAAE9BEE05DA7C5A1D0E260ED_terseLabel_en-US" xlink:label="lab_us-gaap_ProfessionalFees_024BC4EBAAE9BEE05DA7C5A1D0E260ED" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Professional and contract services</link:label>
    <link:label id="lab_us-gaap_ProfessionalFees_024BC4EBAAE9BEE05DA7C5A1D0E260ED_label_en-US" xlink:label="lab_us-gaap_ProfessionalFees_024BC4EBAAE9BEE05DA7C5A1D0E260ED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Professional Fees</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProfessionalFees" xlink:label="loc_us-gaap_ProfessionalFees_024BC4EBAAE9BEE05DA7C5A1D0E260ED" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProfessionalFees_024BC4EBAAE9BEE05DA7C5A1D0E260ED" xlink:to="lab_us-gaap_ProfessionalFees_024BC4EBAAE9BEE05DA7C5A1D0E260ED" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommunicationsAndInformationTechnology_5716E7BBFB0996A2C26CC5A1D0E27159_terseLabel_en-US" xlink:label="lab_us-gaap_CommunicationsAndInformationTechnology_5716E7BBFB0996A2C26CC5A1D0E27159" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Computer operations and data communications</link:label>
    <link:label id="lab_us-gaap_CommunicationsAndInformationTechnology_5716E7BBFB0996A2C26CC5A1D0E27159_label_en-US" xlink:label="lab_us-gaap_CommunicationsAndInformationTechnology_5716E7BBFB0996A2C26CC5A1D0E27159" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Communications and Information Technology</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CommunicationsAndInformationTechnology" xlink:label="loc_us-gaap_CommunicationsAndInformationTechnology_5716E7BBFB0996A2C26CC5A1D0E27159" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommunicationsAndInformationTechnology_5716E7BBFB0996A2C26CC5A1D0E27159" xlink:to="lab_us-gaap_CommunicationsAndInformationTechnology_5716E7BBFB0996A2C26CC5A1D0E27159" xlink:type="arc" />
    <link:label id="lab_us-gaap_OccupancyNet_0792916A8F92F0EA778BC5A1D0E23415_terseLabel_en-US" xlink:label="lab_us-gaap_OccupancyNet_0792916A8F92F0EA778BC5A1D0E23415" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Occupancy</link:label>
    <link:label id="lab_us-gaap_OccupancyNet_0792916A8F92F0EA778BC5A1D0E23415_label_en-US" xlink:label="lab_us-gaap_OccupancyNet_0792916A8F92F0EA778BC5A1D0E23415" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Occupancy, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OccupancyNet" xlink:label="loc_us-gaap_OccupancyNet_0792916A8F92F0EA778BC5A1D0E23415" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OccupancyNet_0792916A8F92F0EA778BC5A1D0E23415" xlink:to="lab_us-gaap_OccupancyNet_0792916A8F92F0EA778BC5A1D0E23415" xlink:type="arc" />
    <link:label id="lab_us-gaap_GeneralAndAdministrativeExpense_D16261387025363FB34FC5A1D0E2C053_terseLabel_en-US" xlink:label="lab_us-gaap_GeneralAndAdministrativeExpense_D16261387025363FB34FC5A1D0E2C053" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">General, administrative and other</link:label>
    <link:label id="lab_us-gaap_GeneralAndAdministrativeExpense_D16261387025363FB34FC5A1D0E2C053_label_en-US" xlink:label="lab_us-gaap_GeneralAndAdministrativeExpense_D16261387025363FB34FC5A1D0E2C053" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">General and Administrative Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_GeneralAndAdministrativeExpense" xlink:label="loc_us-gaap_GeneralAndAdministrativeExpense_D16261387025363FB34FC5A1D0E2C053" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GeneralAndAdministrativeExpense_D16261387025363FB34FC5A1D0E2C053" xlink:to="lab_us-gaap_GeneralAndAdministrativeExpense_D16261387025363FB34FC5A1D0E2C053" xlink:type="arc" />
    <link:label id="lab_us-gaap_MarketingAndAdvertisingExpense_046ABC5C78B3D26FC25FC5A1D0E35E39_terseLabel_en-US" xlink:label="lab_us-gaap_MarketingAndAdvertisingExpense_046ABC5C78B3D26FC25FC5A1D0E35E39" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Marketing and advertising</link:label>
    <link:label id="lab_us-gaap_MarketingAndAdvertisingExpense_046ABC5C78B3D26FC25FC5A1D0E35E39_label_en-US" xlink:label="lab_us-gaap_MarketingAndAdvertisingExpense_046ABC5C78B3D26FC25FC5A1D0E35E39" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Marketing and Advertising Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_MarketingAndAdvertisingExpense" xlink:label="loc_us-gaap_MarketingAndAdvertisingExpense_046ABC5C78B3D26FC25FC5A1D0E35E39" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MarketingAndAdvertisingExpense_046ABC5C78B3D26FC25FC5A1D0E35E39" xlink:to="lab_us-gaap_MarketingAndAdvertisingExpense_046ABC5C78B3D26FC25FC5A1D0E35E39" xlink:type="arc" />
    <link:label id="lab_ndaq_RegulatoryOperatingExpense_862488385B5A456E30CDC5A1D0E31F4B_terseLabel_en-US" xlink:label="lab_ndaq_RegulatoryOperatingExpense_862488385B5A456E30CDC5A1D0E31F4B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Regulatory</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_RegulatoryOperatingExpense" xlink:label="loc_ndaq_RegulatoryOperatingExpense_862488385B5A456E30CDC5A1D0E31F4B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_RegulatoryOperatingExpense_862488385B5A456E30CDC5A1D0E31F4B" xlink:to="lab_ndaq_RegulatoryOperatingExpense_862488385B5A456E30CDC5A1D0E31F4B" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_ED38EE0628CA3545FDB6C5A1D0E32FAC_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_ED38EE0628CA3545FDB6C5A1D0E32FAC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Merger and strategic initiatives</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_BusinessCombinationAcquisitionRelatedCosts" xlink:label="loc_us-gaap_BusinessCombinationAcquisitionRelatedCosts_ED38EE0628CA3545FDB6C5A1D0E32FAC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationAcquisitionRelatedCosts_ED38EE0628CA3545FDB6C5A1D0E32FAC" xlink:to="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_ED38EE0628CA3545FDB6C5A1D0E32FAC" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingExpenses_1181735F3B75B052B8AEC5A1D0E3358E_totalLabel_en-US" xlink:label="lab_us-gaap_OperatingExpenses_1181735F3B75B052B8AEC5A1D0E3358E" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total operating expenses</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="loc_us-gaap_OperatingExpenses_1181735F3B75B052B8AEC5A1D0E3358E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingExpenses_1181735F3B75B052B8AEC5A1D0E3358E" xlink:to="lab_us-gaap_OperatingExpenses_1181735F3B75B052B8AEC5A1D0E3358E" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentIncomeInterest_59754F2C72E421780D56C5A1D0E41540_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentIncomeInterest_59754F2C72E421780D56C5A1D0E41540" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest income</link:label>
    <link:label id="lab_us-gaap_InvestmentIncomeInterest_59754F2C72E421780D56C5A1D0E41540_label_en-US" xlink:label="lab_us-gaap_InvestmentIncomeInterest_59754F2C72E421780D56C5A1D0E41540" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Income, Interest</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InvestmentIncomeInterest" xlink:label="loc_us-gaap_InvestmentIncomeInterest_59754F2C72E421780D56C5A1D0E41540" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentIncomeInterest_59754F2C72E421780D56C5A1D0E41540" xlink:to="lab_us-gaap_InvestmentIncomeInterest_59754F2C72E421780D56C5A1D0E41540" xlink:type="arc" />
    <link:label id="lab_us-gaap_InterestExpense_8461AEC5891634718655C5A1D0E46D2B_negatedLabel_en-US" xlink:label="lab_us-gaap_InterestExpense_8461AEC5891634718655C5A1D0E46D2B" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Interest expense</link:label>
    <link:label id="lab_us-gaap_InterestExpense_8461AEC5891634718655C5A1D0E46D2B_label_en-US" xlink:label="lab_us-gaap_InterestExpense_8461AEC5891634718655C5A1D0E46D2B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InterestExpense" xlink:label="loc_us-gaap_InterestExpense_8461AEC5891634718655C5A1D0E46D2B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpense_8461AEC5891634718655C5A1D0E46D2B" xlink:to="lab_us-gaap_InterestExpense_8461AEC5891634718655C5A1D0E46D2B" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainLossOnSaleOfInvestments_8AC419FA2F1076743312C5A1D0E4F3D4_terseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfInvestments_8AC419FA2F1076743312C5A1D0E4F3D4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain on sale of investment security</link:label>
    <link:label id="lab_us-gaap_GainLossOnSaleOfInvestments_8AC419FA2F1076743312C5A1D0E4F3D4_label_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfInvestments_8AC419FA2F1076743312C5A1D0E4F3D4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (Loss) on Sale of Investments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_GainLossOnSaleOfInvestments" xlink:label="loc_us-gaap_GainLossOnSaleOfInvestments_8AC419FA2F1076743312C5A1D0E4F3D4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainLossOnSaleOfInvestments_8AC419FA2F1076743312C5A1D0E4F3D4" xlink:to="lab_us-gaap_GainLossOnSaleOfInvestments_8AC419FA2F1076743312C5A1D0E4F3D4" xlink:type="arc" />
    <link:label id="lab_us-gaap_GainLossOnSaleOfBusiness_00C5EA817B5490C68DFCC5A1D0E46C4F_terseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfBusiness_00C5EA817B5490C68DFCC5A1D0E46C4F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net gain on divestiture of businesses</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_GainLossOnSaleOfBusiness" xlink:label="loc_us-gaap_GainLossOnSaleOfBusiness_00C5EA817B5490C68DFCC5A1D0E46C4F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainLossOnSaleOfBusiness_00C5EA817B5490C68DFCC5A1D0E46C4F" xlink:to="lab_us-gaap_GainLossOnSaleOfBusiness_00C5EA817B5490C68DFCC5A1D0E46C4F" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetImpairmentCharges_65A7959CE1B64310A16DC5A1D0E46AAC_negatedLabel_en-US" xlink:label="lab_us-gaap_AssetImpairmentCharges_65A7959CE1B64310A16DC5A1D0E46AAC" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Asset impairment charge</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AssetImpairmentCharges" xlink:label="loc_us-gaap_AssetImpairmentCharges_65A7959CE1B64310A16DC5A1D0E46AAC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetImpairmentCharges_65A7959CE1B64310A16DC5A1D0E46AAC" xlink:to="lab_us-gaap_AssetImpairmentCharges_65A7959CE1B64310A16DC5A1D0E46AAC" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentIncomeNonoperating_077B7289435927B4FFE2C5A1D0E5B466_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentIncomeNonoperating_077B7289435927B4FFE2C5A1D0E5B466" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other investment income</link:label>
    <link:label id="lab_us-gaap_InvestmentIncomeNonoperating_077B7289435927B4FFE2C5A1D0E5B466_label_en-US" xlink:label="lab_us-gaap_InvestmentIncomeNonoperating_077B7289435927B4FFE2C5A1D0E5B466" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Income, Nonoperating</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InvestmentIncomeNonoperating" xlink:label="loc_us-gaap_InvestmentIncomeNonoperating_077B7289435927B4FFE2C5A1D0E5B466" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentIncomeNonoperating_077B7289435927B4FFE2C5A1D0E5B466" xlink:to="lab_us-gaap_InvestmentIncomeNonoperating_077B7289435927B4FFE2C5A1D0E5B466" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_07964AFC855C1D9C4C91C5A1D0E544A5_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_07964AFC855C1D9C4C91C5A1D0E544A5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income tax provision</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_07964AFC855C1D9C4C91C5A1D0E544A5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxExpenseBenefit_07964AFC855C1D9C4C91C5A1D0E544A5" xlink:to="lab_us-gaap_IncomeTaxExpenseBenefit_07964AFC855C1D9C4C91C5A1D0E544A5" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareAbstract_548134C80ED87F84BB4DC5A1D0E5F18E_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareAbstract_548134C80ED87F84BB4DC5A1D0E5F18E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Per share information:</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EarningsPerShareAbstract" xlink:label="loc_us-gaap_EarningsPerShareAbstract_548134C80ED87F84BB4DC5A1D0E5F18E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareAbstract_548134C80ED87F84BB4DC5A1D0E5F18E" xlink:to="lab_us-gaap_EarningsPerShareAbstract_548134C80ED87F84BB4DC5A1D0E5F18E" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareBasic_F69B05B88BA8778A816CC5A1D0E603A9_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasic_F69B05B88BA8778A816CC5A1D0E603A9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basic earnings per share (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareBasic_F69B05B88BA8778A816CC5A1D0E603A9_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasic_F69B05B88BA8778A816CC5A1D0E603A9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Basic</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="loc_us-gaap_EarningsPerShareBasic_F69B05B88BA8778A816CC5A1D0E603A9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareBasic_F69B05B88BA8778A816CC5A1D0E603A9" xlink:to="lab_us-gaap_EarningsPerShareBasic_F69B05B88BA8778A816CC5A1D0E603A9" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueInputsLevel1Member_39E7D54A2384CEEAF4ECE763CA5E6839_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel1Member_1D72F0C73524551DA9E405135CAD4B3E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Level 1</link:label>
    <link:label id="lab_us-gaap_FairValueInputsLevel1Member_39E7D54A2384CEEAF4ECE763CA5E6839_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel1Member_1D72F0C73524551DA9E405135CAD4B3E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Inputs, Level 1 [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="loc_us-gaap_FairValueInputsLevel1Member_1D72F0C73524551DA9E405135CAD4B3E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsLevel1Member_1D72F0C73524551DA9E405135CAD4B3E" xlink:to="lab_us-gaap_FairValueInputsLevel1Member_1D72F0C73524551DA9E405135CAD4B3E" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueInputsLevel3Member_ECD0BADD70FFEE0D0479E763CA5F196D_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel3Member_4C0A8D4387BB55F68FF961A162B5E8A3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Level 3</link:label>
    <link:label id="lab_us-gaap_FairValueInputsLevel3Member_ECD0BADD70FFEE0D0479E763CA5F196D_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel3Member_4C0A8D4387BB55F68FF961A162B5E8A3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Inputs, Level 3 [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="loc_us-gaap_FairValueInputsLevel3Member_4C0A8D4387BB55F68FF961A162B5E8A3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsLevel3Member_4C0A8D4387BB55F68FF961A162B5E8A3" xlink:to="lab_us-gaap_FairValueInputsLevel3Member_4C0A8D4387BB55F68FF961A162B5E8A3" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetsFairValueDisclosureAbstract_F233E58723378CC53DFEE763CA5FCF44_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsFairValueDisclosureAbstract_8AD4FA1281205692AB4F5AA857C240AA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets at Fair Value</link:label>
    <link:label id="lab_us-gaap_AssetsFairValueDisclosureAbstract_F233E58723378CC53DFEE763CA5FCF44_label_en-US" xlink:label="lab_us-gaap_AssetsFairValueDisclosureAbstract_8AD4FA1281205692AB4F5AA857C240AA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets, Fair Value Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AssetsFairValueDisclosureAbstract" xlink:label="loc_us-gaap_AssetsFairValueDisclosureAbstract_8AD4FA1281205692AB4F5AA857C240AA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsFairValueDisclosureAbstract_8AD4FA1281205692AB4F5AA857C240AA" xlink:to="lab_us-gaap_AssetsFairValueDisclosureAbstract_8AD4FA1281205692AB4F5AA857C240AA" xlink:type="arc" />
    <link:label id="lab_ndaq_DefaultFundInvestments_68215E2C5F6607CC7849E763CA6039BD_netLabel_en-US" xlink:label="lab_ndaq_DefaultFundInvestments_0AD2BAB67467510D82782C6DD9B77CBC" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Default fund and margin deposit investments</link:label>
    <link:label id="lab_ndaq_DefaultFundInvestments_68215E2C5F6607CC7849E763CA6039BD_label_en-US" xlink:label="lab_ndaq_DefaultFundInvestments_0AD2BAB67467510D82782C6DD9B77CBC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Default Fund Investments</link:label>
    <link:label id="lab_ndaq_DefaultFundInvestments_68215E2C5F6607CC7849E763CA6039BD_documentation_en-US" xlink:label="lab_ndaq_DefaultFundInvestments_0AD2BAB67467510D82782C6DD9B77CBC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Clearing member cash contribution invested in highly rated government debt securities.</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_DefaultFundInvestments" xlink:label="loc_ndaq_DefaultFundInvestments_0AD2BAB67467510D82782C6DD9B77CBC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_DefaultFundInvestments_0AD2BAB67467510D82782C6DD9B77CBC" xlink:to="lab_ndaq_DefaultFundInvestments_0AD2BAB67467510D82782C6DD9B77CBC" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetsFairValueDisclosure_D2BEFFBF07F2D8D4B372E763CA60CD6E_totalLabel_en-US" xlink:label="lab_us-gaap_AssetsFairValueDisclosure_2BB468A43FAD5E5F8412CAB97D54A186" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total Assets at Fair Value</link:label>
    <link:label id="lab_us-gaap_AssetsFairValueDisclosure_D2BEFFBF07F2D8D4B372E763CA60CD6E_label_en-US" xlink:label="lab_us-gaap_AssetsFairValueDisclosure_2BB468A43FAD5E5F8412CAB97D54A186" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets, Fair Value Disclosure</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AssetsFairValueDisclosure" xlink:label="loc_us-gaap_AssetsFairValueDisclosure_2BB468A43FAD5E5F8412CAB97D54A186" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsFairValueDisclosure_2BB468A43FAD5E5F8412CAB97D54A186" xlink:to="lab_us-gaap_AssetsFairValueDisclosure_2BB468A43FAD5E5F8412CAB97D54A186" xlink:type="arc" />
    <link:label id="lab_us-gaap_LiabilitiesFairValueDisclosureAbstract_6FA6E68A393F7E762559E763CA602A54_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesFairValueDisclosureAbstract_211E81034BFD5FA1828FE70A53F59702" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities at Fair Value</link:label>
    <link:label id="lab_us-gaap_LiabilitiesFairValueDisclosureAbstract_6FA6E68A393F7E762559E763CA602A54_label_en-US" xlink:label="lab_us-gaap_LiabilitiesFairValueDisclosureAbstract_211E81034BFD5FA1828FE70A53F59702" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities, Fair Value Disclosure [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LiabilitiesFairValueDisclosureAbstract" xlink:label="loc_us-gaap_LiabilitiesFairValueDisclosureAbstract_211E81034BFD5FA1828FE70A53F59702" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesFairValueDisclosureAbstract_211E81034BFD5FA1828FE70A53F59702" xlink:to="lab_us-gaap_LiabilitiesFairValueDisclosureAbstract_211E81034BFD5FA1828FE70A53F59702" xlink:type="arc" />
    <link:label id="lab_us-gaap_FinancialLiabilitiesFairValueDisclosure_7883247DACE4D285B8D6E763CA61495F_terseLabel_en-US" xlink:label="lab_us-gaap_FinancialLiabilitiesFairValueDisclosure_301450F8CF595F309A71F07A87E85317" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total Liabilities at Fair Value</link:label>
    <link:label id="lab_us-gaap_FinancialLiabilitiesFairValueDisclosure_7883247DACE4D285B8D6E763CA61495F_label_en-US" xlink:label="lab_us-gaap_FinancialLiabilitiesFairValueDisclosure_301450F8CF595F309A71F07A87E85317" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Liabilities Fair Value Disclosure</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FinancialLiabilitiesFairValueDisclosure" xlink:label="loc_us-gaap_FinancialLiabilitiesFairValueDisclosure_301450F8CF595F309A71F07A87E85317" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancialLiabilitiesFairValueDisclosure_301450F8CF595F309A71F07A87E85317" xlink:to="lab_us-gaap_FinancialLiabilitiesFairValueDisclosure_301450F8CF595F309A71F07A87E85317" xlink:type="arc" />
    <link:label id="lab_us-gaap_EmployeeStockOptionMember_BB1C14657F1AB969484F14987B869667_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeStockOptionMember_BB1C14657F1AB969484F14987B869667" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Employee Stock Option</link:label>
    <link:label id="lab_us-gaap_EmployeeStockOptionMember_BB1C14657F1AB969484F14987B869667_label_en-US" xlink:label="lab_us-gaap_EmployeeStockOptionMember_BB1C14657F1AB969484F14987B869667" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Stock Option [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EmployeeStockOptionMember" xlink:label="loc_us-gaap_EmployeeStockOptionMember_BB1C14657F1AB969484F14987B869667" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeStockOptionMember_BB1C14657F1AB969484F14987B869667" xlink:to="lab_us-gaap_EmployeeStockOptionMember_BB1C14657F1AB969484F14987B869667" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_23B9134BBAF07B24D29814987B872245_terseLabel_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_23B9134BBAF07B24D29814987B872245" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expected life (in years)</link:label>
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_23B9134BBAF07B24D29814987B872245_label_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_23B9134BBAF07B24D29814987B872245" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1" xlink:label="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_23B9134BBAF07B24D29814987B872245" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_23B9134BBAF07B24D29814987B872245" xlink:to="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_23B9134BBAF07B24D29814987B872245" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendPayments_FF6B0E9ED2D620539F5C14987B88A5D8_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendPayments_FF6B0E9ED2D620539F5C14987B88A5D8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividend yield</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendPayments_FF6B0E9ED2D620539F5C14987B88A5D8_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendPayments_FF6B0E9ED2D620539F5C14987B88A5D8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Payments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendPayments" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendPayments_FF6B0E9ED2D620539F5C14987B88A5D8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendPayments_FF6B0E9ED2D620539F5C14987B88A5D8" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendPayments_FF6B0E9ED2D620539F5C14987B88A5D8" xlink:type="arc" />
    <link:label id="lab_us-gaap_DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock_C9843A6EF6DB307F9130AF472C949531_terseLabel_en-US" xlink:label="lab_us-gaap_DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock_C9843A6EF6DB307F9130AF472C949531" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-Based Compensation</link:label>
    <link:label id="lab_us-gaap_DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock_C9843A6EF6DB307F9130AF472C949531_label_en-US" xlink:label="lab_us-gaap_DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock_C9843A6EF6DB307F9130AF472C949531" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock" xlink:label="loc_us-gaap_DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock_C9843A6EF6DB307F9130AF472C949531" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock_C9843A6EF6DB307F9130AF472C949531" xlink:to="lab_us-gaap_DisclosureOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTextBlock_C9843A6EF6DB307F9130AF472C949531" xlink:type="arc" />
    <link:label id="lab_ndaq_ChiXCanadaMember_F733CE28C0FFC50F13F615B6F4DF6ACB_terseLabel_en-US" xlink:label="lab_ndaq_ChiXCanadaMember_F733CE28C0FFC50F13F615B6F4DF6ACB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Nasdaq Canada</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ChiXCanadaMember" xlink:label="loc_ndaq_ChiXCanadaMember_F733CE28C0FFC50F13F615B6F4DF6ACB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ChiXCanadaMember_F733CE28C0FFC50F13F615B6F4DF6ACB" xlink:to="lab_ndaq_ChiXCanadaMember_F733CE28C0FFC50F13F615B6F4DF6ACB" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet_B2B9DC8CE55694037A3315B6F4DFDBE9_verboseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet_B2B9DC8CE55694037A3315B6F4DFDBE9" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Cash consideration</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet_B2B9DC8CE55694037A3315B6F4DFDBE9_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet_B2B9DC8CE55694037A3315B6F4DFDBE9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet_B2B9DC8CE55694037A3315B6F4DFDBE9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet_B2B9DC8CE55694037A3315B6F4DFDBE9" xlink:to="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet_B2B9DC8CE55694037A3315B6F4DFDBE9" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet_AA725C32E5A1C7CFE26515B6F4DFAC3A_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet_AA725C32E5A1C7CFE26515B6F4DFAC3A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total Net Liabilities Acquired</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet_AA725C32E5A1C7CFE26515B6F4DFAC3A_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet_AA725C32E5A1C7CFE26515B6F4DFAC3A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet_AA725C32E5A1C7CFE26515B6F4DFAC3A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet_AA725C32E5A1C7CFE26515B6F4DFAC3A" xlink:to="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet_AA725C32E5A1C7CFE26515B6F4DFAC3A" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxLiabilities_4B2AB8456D832E55A40115B6F4DF0983_negatedLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxLiabilities_4B2AB8456D832E55A40115B6F4DF0983" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Total Net Deferred Tax Liability</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxLiabilities_4B2AB8456D832E55A40115B6F4DF0983_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxLiabilities_4B2AB8456D832E55A40115B6F4DF0983" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxLiabilities" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxLiabilities_4B2AB8456D832E55A40115B6F4DF0983" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxLiabilities_4B2AB8456D832E55A40115B6F4DF0983" xlink:to="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxLiabilities_4B2AB8456D832E55A40115B6F4DF0983" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill_9C51F77CABCBDAE9504915B6F4DF410F_verboseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill_9C51F77CABCBDAE9504915B6F4DF410F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Acquired Intangible Assets, Indefinite-lived</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill_9C51F77CABCBDAE9504915B6F4DF410F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill_9C51F77CABCBDAE9504915B6F4DF410F" xlink:to="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill_9C51F77CABCBDAE9504915B6F4DF410F" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentsRelatedToPreviousPeriod_CB9EEF68E23B4887B30C15BF0C2CD30A_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentsRelatedToPreviousPeriod_CB9EEF68E23B4887B30C15BF0C2CD30A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Measurement period adjustment related to acquisition</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentsRelatedToPreviousPeriod_CB9EEF68E23B4887B30C15BF0C2CD30A_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentsRelatedToPreviousPeriod_CB9EEF68E23B4887B30C15BF0C2CD30A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustments Related to Previous Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentsRelatedToPreviousPeriod" xlink:label="loc_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentsRelatedToPreviousPeriod_CB9EEF68E23B4887B30C15BF0C2CD30A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentsRelatedToPreviousPeriod_CB9EEF68E23B4887B30C15BF0C2CD30A" xlink:to="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentsRelatedToPreviousPeriod_CB9EEF68E23B4887B30C15BF0C2CD30A" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentFinancialLiabilities_CDED9BE51BDEA97761E415B6F4DF6BE0_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentFinancialLiabilities_CDED9BE51BDEA97761E415B6F4DF6BE0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Measurement period adjustment, financial liabilities</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentFinancialLiabilities_CDED9BE51BDEA97761E415B6F4DF6BE0_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentFinancialLiabilities_CDED9BE51BDEA97761E415B6F4DF6BE0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Financial Liabilities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentFinancialLiabilities" xlink:label="loc_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentFinancialLiabilities_CDED9BE51BDEA97761E415B6F4DF6BE0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentFinancialLiabilities_CDED9BE51BDEA97761E415B6F4DF6BE0" xlink:to="lab_us-gaap_BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentFinancialLiabilities_CDED9BE51BDEA97761E415B6F4DF6BE0" xlink:type="arc" />
    <link:label id="lab_ndaq_BusinessAcquisitionPurchasePriceAllocationDeferredTaxLiabilities_D3E402241CAB6079043815B6F4DF3937_terseLabel_en-US" xlink:label="lab_ndaq_BusinessAcquisitionPurchasePriceAllocationDeferredTaxLiabilities_D3E402241CAB6079043815B6F4DF3937" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Purchase price allocation deferred tax liabilities</link:label>
    <link:label id="lab_ndaq_BusinessAcquisitionPurchasePriceAllocationDeferredTaxLiabilities_D3E402241CAB6079043815B6F4DF3937_label_en-US" xlink:label="lab_ndaq_BusinessAcquisitionPurchasePriceAllocationDeferredTaxLiabilities_D3E402241CAB6079043815B6F4DF3937" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition Purchase Price Allocation Deferred Tax Liabilities</link:label>
    <link:label id="lab_ndaq_BusinessAcquisitionPurchasePriceAllocationDeferredTaxLiabilities_D3E402241CAB6079043815B6F4DF3937_documentation_en-US" xlink:label="lab_ndaq_BusinessAcquisitionPurchasePriceAllocationDeferredTaxLiabilities_D3E402241CAB6079043815B6F4DF3937" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business Acquisition Purchase Price Allocation Deferred Tax Liabilities</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_BusinessAcquisitionPurchasePriceAllocationDeferredTaxLiabilities" xlink:label="loc_ndaq_BusinessAcquisitionPurchasePriceAllocationDeferredTaxLiabilities_D3E402241CAB6079043815B6F4DF3937" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_BusinessAcquisitionPurchasePriceAllocationDeferredTaxLiabilities_D3E402241CAB6079043815B6F4DF3937" xlink:to="lab_ndaq_BusinessAcquisitionPurchasePriceAllocationDeferredTaxLiabilities_D3E402241CAB6079043815B6F4DF3937" xlink:type="arc" />
    <link:label id="lab_ndaq_AcquisitionRecordedAsDeferredTaxAsset_F9052BA3B1E720E0D6BB15B6F4DF42CF_terseLabel_en-US" xlink:label="lab_ndaq_AcquisitionRecordedAsDeferredTaxAsset_F9052BA3B1E720E0D6BB15B6F4DF42CF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Purchase price allocation deferred tax assets</link:label>
    <link:label id="lab_ndaq_AcquisitionRecordedAsDeferredTaxAsset_F9052BA3B1E720E0D6BB15B6F4DF42CF_label_en-US" xlink:label="lab_ndaq_AcquisitionRecordedAsDeferredTaxAsset_F9052BA3B1E720E0D6BB15B6F4DF42CF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Acquisition Recorded As Deferred Tax Asset</link:label>
    <link:label id="lab_ndaq_AcquisitionRecordedAsDeferredTaxAsset_F9052BA3B1E720E0D6BB15B6F4DF42CF_documentation_en-US" xlink:label="lab_ndaq_AcquisitionRecordedAsDeferredTaxAsset_F9052BA3B1E720E0D6BB15B6F4DF42CF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Acquisition Recorded As Deferred Tax Asset</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_AcquisitionRecordedAsDeferredTaxAsset" xlink:label="loc_ndaq_AcquisitionRecordedAsDeferredTaxAsset_F9052BA3B1E720E0D6BB15B6F4DF42CF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_AcquisitionRecordedAsDeferredTaxAsset_F9052BA3B1E720E0D6BB15B6F4DF42CF" xlink:to="lab_ndaq_AcquisitionRecordedAsDeferredTaxAsset_F9052BA3B1E720E0D6BB15B6F4DF42CF" xlink:type="arc" />
    <link:label id="lab_ndaq_BusinessAcquisitionCostOfAcquiredEntityWorkingCapitalAdjustments_0DDAE47839B74EE000FB15B6F4DF6052_terseLabel_en-US" xlink:label="lab_ndaq_BusinessAcquisitionCostOfAcquiredEntityWorkingCapitalAdjustments_0DDAE47839B74EE000FB15B6F4DF6052" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cost of acquired entity working capital adjustments</link:label>
    <link:label id="lab_ndaq_BusinessAcquisitionCostOfAcquiredEntityWorkingCapitalAdjustments_0DDAE47839B74EE000FB15B6F4DF6052_label_en-US" xlink:label="lab_ndaq_BusinessAcquisitionCostOfAcquiredEntityWorkingCapitalAdjustments_0DDAE47839B74EE000FB15B6F4DF6052" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business acquisition cost of acquired entity working capital adjustments</link:label>
    <link:label id="lab_ndaq_BusinessAcquisitionCostOfAcquiredEntityWorkingCapitalAdjustments_0DDAE47839B74EE000FB15B6F4DF6052_documentation_en-US" xlink:label="lab_ndaq_BusinessAcquisitionCostOfAcquiredEntityWorkingCapitalAdjustments_0DDAE47839B74EE000FB15B6F4DF6052" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business acquisition cost of acquired entity working capital adjustments</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_BusinessAcquisitionCostOfAcquiredEntityWorkingCapitalAdjustments" xlink:label="loc_ndaq_BusinessAcquisitionCostOfAcquiredEntityWorkingCapitalAdjustments_0DDAE47839B74EE000FB15B6F4DF6052" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_BusinessAcquisitionCostOfAcquiredEntityWorkingCapitalAdjustments_0DDAE47839B74EE000FB15B6F4DF6052" xlink:to="lab_ndaq_BusinessAcquisitionCostOfAcquiredEntityWorkingCapitalAdjustments_0DDAE47839B74EE000FB15B6F4DF6052" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventTable_60CE8917B51BD62157F5CF7708883B55_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventTable_60CE8917B51BD62157F5CF7708883B55" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent Event [Table]</link:label>
    <link:label id="lab_us-gaap_SubsequentEventTable_60CE8917B51BD62157F5CF7708883B55_label_en-US" xlink:label="lab_us-gaap_SubsequentEventTable_60CE8917B51BD62157F5CF7708883B55" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Event [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SubsequentEventTable" xlink:label="loc_us-gaap_SubsequentEventTable_60CE8917B51BD62157F5CF7708883B55" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventTable_60CE8917B51BD62157F5CF7708883B55" xlink:to="lab_us-gaap_SubsequentEventTable_60CE8917B51BD62157F5CF7708883B55" xlink:type="arc" />
    <link:label id="lab_exch_XOSL_6BFC87B154B291887693CF770889FA25_terseLabel_en-US" xlink:label="lab_exch_XOSL_6BFC87B154B291887693CF770889FA25" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">OSLO BORS ASA</link:label>
    <link:label id="lab_exch_XOSL_6BFC87B154B291887693CF770889FA25_label_en-US" xlink:label="lab_exch_XOSL_6BFC87B154B291887693CF770889FA25" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">OSLO BORS ASA [Member]</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/exch/2018/exch-2018-01-31.xsd#exch_XOSL" xlink:label="loc_exch_XOSL_6BFC87B154B291887693CF770889FA25" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_exch_XOSL_6BFC87B154B291887693CF770889FA25" xlink:to="lab_exch_XOSL_6BFC87B154B291887693CF770889FA25" xlink:type="arc" />
    <link:label id="lab_us-gaap_SubsequentEventLineItems_30361CF424969A7E6A6ACF77088EA6D8_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventLineItems_30361CF424969A7E6A6ACF77088EA6D8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent Event [Line Items]</link:label>
    <link:label id="lab_us-gaap_SubsequentEventLineItems_30361CF424969A7E6A6ACF77088EA6D8_label_en-US" xlink:label="lab_us-gaap_SubsequentEventLineItems_30361CF424969A7E6A6ACF77088EA6D8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Event [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SubsequentEventLineItems" xlink:label="loc_us-gaap_SubsequentEventLineItems_30361CF424969A7E6A6ACF77088EA6D8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventLineItems_30361CF424969A7E6A6ACF77088EA6D8" xlink:to="lab_us-gaap_SubsequentEventLineItems_30361CF424969A7E6A6ACF77088EA6D8" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessAcquisitionSharePrice_A867B485BE09A01F7C3ECF77088EF915_verboseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionSharePrice_A867B485BE09A01F7C3ECF77088EF915" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">NOK per share offering (in NOK per share)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_BusinessAcquisitionSharePrice" xlink:label="loc_us-gaap_BusinessAcquisitionSharePrice_A867B485BE09A01F7C3ECF77088EF915" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessAcquisitionSharePrice_A867B485BE09A01F7C3ECF77088EF915" xlink:to="lab_us-gaap_BusinessAcquisitionSharePrice_A867B485BE09A01F7C3ECF77088EF915" xlink:type="arc" />
    <link:label id="lab_ndaq_BusinessCombinationsInterestRateOnOfferPricePayments_A812B7401A656954BAE5CF77088EC694_terseLabel_en-US" xlink:label="lab_ndaq_BusinessCombinationsInterestRateOnOfferPricePayments_A812B7401A656954BAE5CF77088EC694" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest rate on offer price</link:label>
    <link:label id="lab_ndaq_BusinessCombinationsInterestRateOnOfferPricePayments_A812B7401A656954BAE5CF77088EC694_label_en-US" xlink:label="lab_ndaq_BusinessCombinationsInterestRateOnOfferPricePayments_A812B7401A656954BAE5CF77088EC694" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combinations, Interest Rate On Offer Price Payments</link:label>
    <link:label id="lab_ndaq_BusinessCombinationsInterestRateOnOfferPricePayments_A812B7401A656954BAE5CF77088EC694_documentation_en-US" xlink:label="lab_ndaq_BusinessCombinationsInterestRateOnOfferPricePayments_A812B7401A656954BAE5CF77088EC694" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business Combinations, Interest Rate On Offer Price Payments</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_BusinessCombinationsInterestRateOnOfferPricePayments" xlink:label="loc_ndaq_BusinessCombinationsInterestRateOnOfferPricePayments_A812B7401A656954BAE5CF77088EC694" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_BusinessCombinationsInterestRateOnOfferPricePayments_A812B7401A656954BAE5CF77088EC694" xlink:to="lab_ndaq_BusinessCombinationsInterestRateOnOfferPricePayments_A812B7401A656954BAE5CF77088EC694" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationConsiderationTransferred1_40843BF45ED6EADF16AECFAD388CFC81_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationConsiderationTransferred1_40843BF45ED6EADF16AECFAD388CFC81" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Purchase Consideration</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationConsiderationTransferred1_40843BF45ED6EADF16AECFAD388CFC81_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationConsiderationTransferred1_40843BF45ED6EADF16AECFAD388CFC81" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination, Consideration Transferred</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_BusinessCombinationConsiderationTransferred1" xlink:label="loc_us-gaap_BusinessCombinationConsiderationTransferred1_40843BF45ED6EADF16AECFAD388CFC81" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationConsiderationTransferred1_40843BF45ED6EADF16AECFAD388CFC81" xlink:to="lab_us-gaap_BusinessCombinationConsiderationTransferred1_40843BF45ED6EADF16AECFAD388CFC81" xlink:type="arc" />
    <link:label id="lab_ndaq_BusinessAcquisitionsRequiredVotesForApprovalPercentageMinimum_74C97C534B5CB31007B0CF77088F6D8B_terseLabel_en-US" xlink:label="lab_ndaq_BusinessAcquisitionsRequiredVotesForApprovalPercentageMinimum_74C97C534B5CB31007B0CF77088F6D8B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Required percentage of votes for approval, minimum</link:label>
    <link:label id="lab_ndaq_BusinessAcquisitionsRequiredVotesForApprovalPercentageMinimum_74C97C534B5CB31007B0CF77088F6D8B_label_en-US" xlink:label="lab_ndaq_BusinessAcquisitionsRequiredVotesForApprovalPercentageMinimum_74C97C534B5CB31007B0CF77088F6D8B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisitions, Required Votes For Approval, Percentage, Minimum</link:label>
    <link:label id="lab_ndaq_BusinessAcquisitionsRequiredVotesForApprovalPercentageMinimum_74C97C534B5CB31007B0CF77088F6D8B_documentation_en-US" xlink:label="lab_ndaq_BusinessAcquisitionsRequiredVotesForApprovalPercentageMinimum_74C97C534B5CB31007B0CF77088F6D8B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business Acquisitions, Required Votes For Approval, Percentage. Minimum</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_BusinessAcquisitionsRequiredVotesForApprovalPercentageMinimum" xlink:label="loc_ndaq_BusinessAcquisitionsRequiredVotesForApprovalPercentageMinimum_74C97C534B5CB31007B0CF77088F6D8B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_BusinessAcquisitionsRequiredVotesForApprovalPercentageMinimum_74C97C534B5CB31007B0CF77088F6D8B" xlink:to="lab_ndaq_BusinessAcquisitionsRequiredVotesForApprovalPercentageMinimum_74C97C534B5CB31007B0CF77088F6D8B" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfDebtTableTextBlock_CFC4C31F5DB95CC83D877CE761C38973_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfDebtTableTextBlock_726889B64D9D5BA289F4F3BC4E180D24" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Changes in Debt Obligations</link:label>
    <link:label id="lab_us-gaap_ScheduleOfDebtTableTextBlock_CFC4C31F5DB95CC83D877CE761C38973_label_en-US" xlink:label="lab_us-gaap_ScheduleOfDebtTableTextBlock_726889B64D9D5BA289F4F3BC4E180D24" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Debt [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfDebtTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfDebtTableTextBlock_726889B64D9D5BA289F4F3BC4E180D24" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfDebtTableTextBlock_726889B64D9D5BA289F4F3BC4E180D24" xlink:to="lab_us-gaap_ScheduleOfDebtTableTextBlock_726889B64D9D5BA289F4F3BC4E180D24" xlink:type="arc" />
    <link:label id="lab_ndaq_CorporateSolutionsRevenueMember_1B755F6307C6CB61036A9FC25000F4AD_terseLabel_en-US" xlink:label="lab_ndaq_CorporateSolutionsRevenueMember_1B755F6307C6CB61036A9FC25000F4AD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Corporate Solutions Revenues</link:label>
    <link:label id="lab_ndaq_CorporateSolutionsRevenueMember_1B755F6307C6CB61036A9FC25000F4AD_label_en-US" xlink:label="lab_ndaq_CorporateSolutionsRevenueMember_1B755F6307C6CB61036A9FC25000F4AD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Corporate Solutions Revenue [Member]</link:label>
    <link:label id="lab_ndaq_CorporateSolutionsRevenueMember_1B755F6307C6CB61036A9FC25000F4AD_documentation_en-US" xlink:label="lab_ndaq_CorporateSolutionsRevenueMember_1B755F6307C6CB61036A9FC25000F4AD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Corporate Solutions Revenue [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_CorporateSolutionsRevenueMember" xlink:label="loc_ndaq_CorporateSolutionsRevenueMember_1B755F6307C6CB61036A9FC25000F4AD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_CorporateSolutionsRevenueMember_1B755F6307C6CB61036A9FC25000F4AD" xlink:to="lab_ndaq_CorporateSolutionsRevenueMember_1B755F6307C6CB61036A9FC25000F4AD" xlink:type="arc" />
    <link:label id="lab_ndaq_FiscalYearEndedAbstract_EE0E56CF94B69E9D1EED9FC25001591E_terseLabel_en-US" xlink:label="lab_ndaq_FiscalYearEndedAbstract_EE0E56CF94B69E9D1EED9FC25001591E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fiscal year ended:</link:label>
    <link:label id="lab_ndaq_FiscalYearEndedAbstract_EE0E56CF94B69E9D1EED9FC25001591E_label_en-US" xlink:label="lab_ndaq_FiscalYearEndedAbstract_EE0E56CF94B69E9D1EED9FC25001591E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fiscal Year Ended [Abstract]</link:label>
    <link:label id="lab_ndaq_FiscalYearEndedAbstract_EE0E56CF94B69E9D1EED9FC25001591E_documentation_en-US" xlink:label="lab_ndaq_FiscalYearEndedAbstract_EE0E56CF94B69E9D1EED9FC25001591E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fiscal Year Ended [Abstract]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_FiscalYearEndedAbstract" xlink:label="loc_ndaq_FiscalYearEndedAbstract_EE0E56CF94B69E9D1EED9FC25001591E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_FiscalYearEndedAbstract_EE0E56CF94B69E9D1EED9FC25001591E" xlink:to="lab_ndaq_FiscalYearEndedAbstract_EE0E56CF94B69E9D1EED9FC25001591E" xlink:type="arc" />
    <link:label id="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInNextTwelveMonths_1025C21BEA96D584FF10A148C48D24F2_terseLabel_en-US" xlink:label="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInNextTwelveMonths_1025C21BEA96D584FF10A148C48D24F2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2019</link:label>
    <link:label id="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInNextTwelveMonths_1025C21BEA96D584FF10A148C48D24F2_label_en-US" xlink:label="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInNextTwelveMonths_1025C21BEA96D584FF10A148C48D24F2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contract With Customer, Liability, Expected To Be Recognized In Next Twelve Months</link:label>
    <link:label id="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInNextTwelveMonths_1025C21BEA96D584FF10A148C48D24F2_documentation_en-US" xlink:label="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInNextTwelveMonths_1025C21BEA96D584FF10A148C48D24F2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Contract With Customer, Liability, Expected To Be Recognized In Next Twelve Months</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInNextTwelveMonths" xlink:label="loc_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInNextTwelveMonths_1025C21BEA96D584FF10A148C48D24F2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInNextTwelveMonths_1025C21BEA96D584FF10A148C48D24F2" xlink:to="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInNextTwelveMonths_1025C21BEA96D584FF10A148C48D24F2" xlink:type="arc" />
    <link:label id="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearTwo_8A6D7C9C7967164D1F259FC25001F0B8_terseLabel_en-US" xlink:label="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearTwo_8A6D7C9C7967164D1F259FC25001F0B8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2020</link:label>
    <link:label id="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearTwo_8A6D7C9C7967164D1F259FC25001F0B8_label_en-US" xlink:label="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearTwo_8A6D7C9C7967164D1F259FC25001F0B8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contract With Customer, Liability, Expected To Be Recognized In Year Two</link:label>
    <link:label id="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearTwo_8A6D7C9C7967164D1F259FC25001F0B8_documentation_en-US" xlink:label="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearTwo_8A6D7C9C7967164D1F259FC25001F0B8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Contract With Customer, Liability, Expected To Be  Recognized In Year Two</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearTwo" xlink:label="loc_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearTwo_8A6D7C9C7967164D1F259FC25001F0B8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearTwo_8A6D7C9C7967164D1F259FC25001F0B8" xlink:to="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearTwo_8A6D7C9C7967164D1F259FC25001F0B8" xlink:type="arc" />
    <link:label id="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearThree_2315C9892A5E8847319F9FC250012F46_terseLabel_en-US" xlink:label="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearThree_2315C9892A5E8847319F9FC250012F46" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2021</link:label>
    <link:label id="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearThree_2315C9892A5E8847319F9FC250012F46_label_en-US" xlink:label="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearThree_2315C9892A5E8847319F9FC250012F46" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contract With Customer, Liability, Expected To Be Recognized In Year Three</link:label>
    <link:label id="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearThree_2315C9892A5E8847319F9FC250012F46_documentation_en-US" xlink:label="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearThree_2315C9892A5E8847319F9FC250012F46" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Contract With Customer, Liability, Expected To Be Recognized In Year Three</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearThree" xlink:label="loc_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearThree_2315C9892A5E8847319F9FC250012F46" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearThree_2315C9892A5E8847319F9FC250012F46" xlink:to="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearThree_2315C9892A5E8847319F9FC250012F46" xlink:type="arc" />
    <link:label id="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearFour_150118C25ECAA6FB15869FC25002DD62_terseLabel_en-US" xlink:label="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearFour_150118C25ECAA6FB15869FC25002DD62" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2022</link:label>
    <link:label id="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearFour_150118C25ECAA6FB15869FC25002DD62_label_en-US" xlink:label="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearFour_150118C25ECAA6FB15869FC25002DD62" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contract With Customer, Liability, Expected To Be Recognized In Year Four</link:label>
    <link:label id="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearFour_150118C25ECAA6FB15869FC25002DD62_documentation_en-US" xlink:label="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearFour_150118C25ECAA6FB15869FC25002DD62" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Contract With Customer, Liability, Expected To Be Recognized In Year Four</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearFour" xlink:label="loc_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearFour_150118C25ECAA6FB15869FC25002DD62" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearFour_150118C25ECAA6FB15869FC25002DD62" xlink:to="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearFour_150118C25ECAA6FB15869FC25002DD62" xlink:type="arc" />
    <link:label id="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearFive_0B97E543D5F6ACC5B1F59FC25002300F_terseLabel_en-US" xlink:label="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearFive_0B97E543D5F6ACC5B1F59FC25002300F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2023</link:label>
    <link:label id="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearFive_0B97E543D5F6ACC5B1F59FC25002300F_label_en-US" xlink:label="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearFive_0B97E543D5F6ACC5B1F59FC25002300F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contract With Customer, Liability, Expected To Be Recognized In Year Five</link:label>
    <link:label id="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearFive_0B97E543D5F6ACC5B1F59FC25002300F_documentation_en-US" xlink:label="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearFive_0B97E543D5F6ACC5B1F59FC25002300F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Contract With Customer, Liability, Expected To Be Recognized In Year Five</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearFive" xlink:label="loc_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearFive_0B97E543D5F6ACC5B1F59FC25002300F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearFive_0B97E543D5F6ACC5B1F59FC25002300F" xlink:to="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedInYearFive_0B97E543D5F6ACC5B1F59FC25002300F" xlink:type="arc" />
    <link:label id="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedAfterYearFive_82557B7FFFF085915FEA9FC25002896F_terseLabel_en-US" xlink:label="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedAfterYearFive_82557B7FFFF085915FEA9FC25002896F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2024 and thereafter</link:label>
    <link:label id="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedAfterYearFive_82557B7FFFF085915FEA9FC25002896F_label_en-US" xlink:label="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedAfterYearFive_82557B7FFFF085915FEA9FC25002896F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contract With Customer, Liability, Expected To Be Recognized After Year Five</link:label>
    <link:label id="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedAfterYearFive_82557B7FFFF085915FEA9FC25002896F_documentation_en-US" xlink:label="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedAfterYearFive_82557B7FFFF085915FEA9FC25002896F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Contract With Customer, Liability, Expected To Be Recognized After Year Five</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedAfterYearFive" xlink:label="loc_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedAfterYearFive_82557B7FFFF085915FEA9FC25002896F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedAfterYearFive_82557B7FFFF085915FEA9FC25002896F" xlink:to="lab_ndaq_ContractWithCustomerLiabilityExpectedToBeRecognizedAfterYearFive_82557B7FFFF085915FEA9FC25002896F" xlink:type="arc" />
    <link:label id="lab_us-gaap_ContractWithCustomerLiability_AA0CB2A5A4E0FCF38D1A9FC25002A5DD_totalLabel_en-US" xlink:label="lab_us-gaap_ContractWithCustomerLiability_AA0CB2A5A4E0FCF38D1A9FC25002A5DD" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ContractWithCustomerLiability" xlink:label="loc_us-gaap_ContractWithCustomerLiability_AA0CB2A5A4E0FCF38D1A9FC25002A5DD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ContractWithCustomerLiability_AA0CB2A5A4E0FCF38D1A9FC25002A5DD" xlink:to="lab_us-gaap_ContractWithCustomerLiability_AA0CB2A5A4E0FCF38D1A9FC25002A5DD" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommitmentsContingenciesAndGuaranteesTextBlock_5DC0DCA61A35545EDBDCAF472AB1ACA3_terseLabel_en-US" xlink:label="lab_us-gaap_CommitmentsContingenciesAndGuaranteesTextBlock_5DC0DCA61A35545EDBDCAF472AB1ACA3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commitments, Contingencies and Guarantees</link:label>
    <link:label id="lab_us-gaap_CommitmentsContingenciesAndGuaranteesTextBlock_5DC0DCA61A35545EDBDCAF472AB1ACA3_label_en-US" xlink:label="lab_us-gaap_CommitmentsContingenciesAndGuaranteesTextBlock_5DC0DCA61A35545EDBDCAF472AB1ACA3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitments Contingencies and Guarantees [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CommitmentsContingenciesAndGuaranteesTextBlock" xlink:label="loc_us-gaap_CommitmentsContingenciesAndGuaranteesTextBlock_5DC0DCA61A35545EDBDCAF472AB1ACA3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommitmentsContingenciesAndGuaranteesTextBlock_5DC0DCA61A35545EDBDCAF472AB1ACA3" xlink:to="lab_us-gaap_CommitmentsContingenciesAndGuaranteesTextBlock_5DC0DCA61A35545EDBDCAF472AB1ACA3" xlink:type="arc" />
    <link:label id="lab_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock_5D013D95DEAFCCF5214F8747DB496B04_terseLabel_en-US" xlink:label="lab_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock_45533B877488517E85D0CDE67F0C293E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets and Liabilities Held For Sale</link:label>
    <link:label id="lab_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock_5D013D95DEAFCCF5214F8747DB496B04_label_en-US" xlink:label="lab_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock_45533B877488517E85D0CDE67F0C293E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock" xlink:label="loc_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock_45533B877488517E85D0CDE67F0C293E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock_45533B877488517E85D0CDE67F0C293E" xlink:to="lab_us-gaap_DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock_45533B877488517E85D0CDE67F0C293E" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_9F5CEE0062A63CE5C95F9FC24C89961F_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_9F5CEE0062A63CE5C95F9FC24C89961F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Future Minimum Lease Payments</link:label>
    <link:label id="lab_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_9F5CEE0062A63CE5C95F9FC24C89961F_label_en-US" xlink:label="lab_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_9F5CEE0062A63CE5C95F9FC24C89961F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_9F5CEE0062A63CE5C95F9FC24C89961F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_9F5CEE0062A63CE5C95F9FC24C89961F" xlink:to="lab_us-gaap_ScheduleOfFutureMinimumRentalPaymentsForOperatingLeasesTableTextBlock_9F5CEE0062A63CE5C95F9FC24C89961F" xlink:type="arc" />
    <link:label id="lab_us-gaap_VestingAxis_19938875D4904528E2981073DBB911F9_terseLabel_en-US" xlink:label="lab_us-gaap_VestingAxis_19938875D4904528E2981073DBB911F9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vesting [Axis]</link:label>
    <link:label id="lab_us-gaap_VestingAxis_19938875D4904528E2981073DBB911F9_label_en-US" xlink:label="lab_us-gaap_VestingAxis_19938875D4904528E2981073DBB911F9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Vesting [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_VestingAxis" xlink:label="loc_us-gaap_VestingAxis_19938875D4904528E2981073DBB911F9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VestingAxis_19938875D4904528E2981073DBB911F9" xlink:to="lab_us-gaap_VestingAxis_19938875D4904528E2981073DBB911F9" xlink:type="arc" />
    <link:label id="lab_us-gaap_VestingDomain_94032789095737C19A291073DBB91312_terseLabel_en-US" xlink:label="lab_us-gaap_VestingDomain_94032789095737C19A291073DBB91312" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vesting [Domain]</link:label>
    <link:label id="lab_us-gaap_VestingDomain_94032789095737C19A291073DBB91312_label_en-US" xlink:label="lab_us-gaap_VestingDomain_94032789095737C19A291073DBB91312" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Vesting [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_VestingDomain" xlink:label="loc_us-gaap_VestingDomain_94032789095737C19A291073DBB91312" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VestingDomain_94032789095737C19A291073DBB91312" xlink:to="lab_us-gaap_VestingDomain_94032789095737C19A291073DBB91312" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationAwardTrancheOneMember_C42539EE882F593B135E1073DBBA09E3_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationAwardTrancheOneMember_C42539EE882F593B135E1073DBBA09E3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Second Anniversary</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationAwardTrancheOneMember_C42539EE882F593B135E1073DBBA09E3_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationAwardTrancheOneMember_C42539EE882F593B135E1073DBBA09E3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Award, Tranche One [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationAwardTrancheOneMember" xlink:label="loc_us-gaap_ShareBasedCompensationAwardTrancheOneMember_C42539EE882F593B135E1073DBBA09E3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationAwardTrancheOneMember_C42539EE882F593B135E1073DBBA09E3" xlink:to="lab_us-gaap_ShareBasedCompensationAwardTrancheOneMember_C42539EE882F593B135E1073DBBA09E3" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationAwardTrancheTwoMember_DD92535F62403FCA547C1073DBBAB550_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationAwardTrancheTwoMember_DD92535F62403FCA547C1073DBBAB550" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Third Anniversary</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationAwardTrancheTwoMember_DD92535F62403FCA547C1073DBBAB550_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationAwardTrancheTwoMember_DD92535F62403FCA547C1073DBBAB550" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Award, Tranche Two [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationAwardTrancheTwoMember" xlink:label="loc_us-gaap_ShareBasedCompensationAwardTrancheTwoMember_DD92535F62403FCA547C1073DBBAB550" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationAwardTrancheTwoMember_DD92535F62403FCA547C1073DBBAB550" xlink:to="lab_us-gaap_ShareBasedCompensationAwardTrancheTwoMember_DD92535F62403FCA547C1073DBBAB550" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationAwardTrancheThreeMember_FE994E4E5F34F1ABF0821073DBBAE2F8_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationAwardTrancheThreeMember_FE994E4E5F34F1ABF0821073DBBAE2F8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fourth Anniversary</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationAwardTrancheThreeMember_FE994E4E5F34F1ABF0821073DBBAE2F8_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationAwardTrancheThreeMember_FE994E4E5F34F1ABF0821073DBBAE2F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Award, Tranche Three [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationAwardTrancheThreeMember" xlink:label="loc_us-gaap_ShareBasedCompensationAwardTrancheThreeMember_FE994E4E5F34F1ABF0821073DBBAE2F8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationAwardTrancheThreeMember_FE994E4E5F34F1ABF0821073DBBAE2F8" xlink:to="lab_us-gaap_ShareBasedCompensationAwardTrancheThreeMember_FE994E4E5F34F1ABF0821073DBBAE2F8" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestrictedStockMember_F6980492279C2B1C35801073DBBB4060_terseLabel_en-US" xlink:label="lab_us-gaap_RestrictedStockMember_F6980492279C2B1C35801073DBBB4060" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted stock</link:label>
    <link:label id="lab_us-gaap_RestrictedStockMember_F6980492279C2B1C35801073DBBB4060_label_en-US" xlink:label="lab_us-gaap_RestrictedStockMember_F6980492279C2B1C35801073DBBB4060" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted Stock [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RestrictedStockMember" xlink:label="loc_us-gaap_RestrictedStockMember_F6980492279C2B1C35801073DBBB4060" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestrictedStockMember_F6980492279C2B1C35801073DBBB4060" xlink:to="lab_us-gaap_RestrictedStockMember_F6980492279C2B1C35801073DBBB4060" xlink:type="arc" />
    <link:label id="lab_ndaq_PerformanceSharesNegativeShareholderReturnMember_D00BC571F4854B93C7BB1073DBBCF658_terseLabel_en-US" xlink:label="lab_ndaq_PerformanceSharesNegativeShareholderReturnMember_D00BC571F4854B93C7BB1073DBBCF658" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">PSUs, Negative TSR</link:label>
    <link:label id="lab_ndaq_PerformanceSharesNegativeShareholderReturnMember_D00BC571F4854B93C7BB1073DBBCF658_label_en-US" xlink:label="lab_ndaq_PerformanceSharesNegativeShareholderReturnMember_D00BC571F4854B93C7BB1073DBBCF658" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Performance Shares, Negative Shareholder Return [Member]</link:label>
    <link:label id="lab_ndaq_PerformanceSharesNegativeShareholderReturnMember_D00BC571F4854B93C7BB1073DBBCF658_documentation_en-US" xlink:label="lab_ndaq_PerformanceSharesNegativeShareholderReturnMember_D00BC571F4854B93C7BB1073DBBCF658" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Performance Shares, Negative Shareholder Return [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_PerformanceSharesNegativeShareholderReturnMember" xlink:label="loc_ndaq_PerformanceSharesNegativeShareholderReturnMember_D00BC571F4854B93C7BB1073DBBCF658" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_PerformanceSharesNegativeShareholderReturnMember_D00BC571F4854B93C7BB1073DBBCF658" xlink:to="lab_ndaq_PerformanceSharesNegativeShareholderReturnMember_D00BC571F4854B93C7BB1073DBBCF658" xlink:type="arc" />
    <link:label id="lab_us-gaap_TitleOfIndividualAxis_FADF36E4860BD6C4B7931073DBBC6C82_terseLabel_en-US" xlink:label="lab_us-gaap_TitleOfIndividualAxis_FADF36E4860BD6C4B7931073DBBC6C82" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Title of Individual [Axis]</link:label>
    <link:label id="lab_us-gaap_TitleOfIndividualAxis_FADF36E4860BD6C4B7931073DBBC6C82_label_en-US" xlink:label="lab_us-gaap_TitleOfIndividualAxis_FADF36E4860BD6C4B7931073DBBC6C82" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Title of Individual [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_TitleOfIndividualAxis" xlink:label="loc_us-gaap_TitleOfIndividualAxis_FADF36E4860BD6C4B7931073DBBC6C82" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TitleOfIndividualAxis_FADF36E4860BD6C4B7931073DBBC6C82" xlink:to="lab_us-gaap_TitleOfIndividualAxis_FADF36E4860BD6C4B7931073DBBC6C82" xlink:type="arc" />
    <link:label id="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_E12AF780DB098FFF04791073DBBC3A4D_terseLabel_en-US" xlink:label="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_E12AF780DB098FFF04791073DBBC3A4D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Relationship to Entity [Domain]</link:label>
    <link:label id="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_E12AF780DB098FFF04791073DBBC3A4D_label_en-US" xlink:label="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_E12AF780DB098FFF04791073DBBC3A4D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Relationship to Entity [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="loc_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_E12AF780DB098FFF04791073DBBC3A4D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_E12AF780DB098FFF04791073DBBC3A4D" xlink:to="lab_us-gaap_TitleOfIndividualWithRelationshipToEntityDomain_E12AF780DB098FFF04791073DBBC3A4D" xlink:type="arc" />
    <link:label id="lab_us-gaap_OfficerMember_7E8FB315AA4043C17C7A1073DBBCDB59_terseLabel_en-US" xlink:label="lab_us-gaap_OfficerMember_7E8FB315AA4043C17C7A1073DBBCDB59" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Officer</link:label>
    <link:label id="lab_us-gaap_OfficerMember_7E8FB315AA4043C17C7A1073DBBCDB59_label_en-US" xlink:label="lab_us-gaap_OfficerMember_7E8FB315AA4043C17C7A1073DBBCDB59" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Officer [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OfficerMember" xlink:label="loc_us-gaap_OfficerMember_7E8FB315AA4043C17C7A1073DBBCDB59" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OfficerMember_7E8FB315AA4043C17C7A1073DBBCDB59" xlink:to="lab_us-gaap_OfficerMember_7E8FB315AA4043C17C7A1073DBBCDB59" xlink:type="arc" />
    <link:label id="lab_us-gaap_ChiefExecutiveOfficerMember_CEBCE5D1469EF74F3E1B1073DBBDE695_terseLabel_en-US" xlink:label="lab_us-gaap_ChiefExecutiveOfficerMember_CEBCE5D1469EF74F3E1B1073DBBDE695" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CEO</link:label>
    <link:label id="lab_us-gaap_ChiefExecutiveOfficerMember_CEBCE5D1469EF74F3E1B1073DBBDE695_label_en-US" xlink:label="lab_us-gaap_ChiefExecutiveOfficerMember_CEBCE5D1469EF74F3E1B1073DBBDE695" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Chief Executive Officer [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ChiefExecutiveOfficerMember" xlink:label="loc_us-gaap_ChiefExecutiveOfficerMember_CEBCE5D1469EF74F3E1B1073DBBDE695" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ChiefExecutiveOfficerMember_CEBCE5D1469EF74F3E1B1073DBBDE695" xlink:to="lab_us-gaap_ChiefExecutiveOfficerMember_CEBCE5D1469EF74F3E1B1073DBBDE695" xlink:type="arc" />
    <link:label id="lab_ndaq_OneYearPerformanceShareUnitProgramMember_730EF7FAD233A5EC77A31073DBBDF97F_terseLabel_en-US" xlink:label="lab_ndaq_OneYearPerformanceShareUnitProgramMember_730EF7FAD233A5EC77A31073DBBDF97F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">One-Year Program</link:label>
    <link:label id="lab_ndaq_OneYearPerformanceShareUnitProgramMember_730EF7FAD233A5EC77A31073DBBDF97F_label_en-US" xlink:label="lab_ndaq_OneYearPerformanceShareUnitProgramMember_730EF7FAD233A5EC77A31073DBBDF97F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">One-Year Performance Share Unit Program [Member]</link:label>
    <link:label id="lab_ndaq_OneYearPerformanceShareUnitProgramMember_730EF7FAD233A5EC77A31073DBBDF97F_documentation_en-US" xlink:label="lab_ndaq_OneYearPerformanceShareUnitProgramMember_730EF7FAD233A5EC77A31073DBBDF97F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">One-Year Performance Share Unit Program</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_OneYearPerformanceShareUnitProgramMember" xlink:label="loc_ndaq_OneYearPerformanceShareUnitProgramMember_730EF7FAD233A5EC77A31073DBBDF97F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_OneYearPerformanceShareUnitProgramMember_730EF7FAD233A5EC77A31073DBBDF97F" xlink:to="lab_ndaq_OneYearPerformanceShareUnitProgramMember_730EF7FAD233A5EC77A31073DBBDF97F" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPricePurchaseDate_9AEABE40815C4F560E901073DBBE366A_verboseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPricePurchaseDate_9AEABE40815C4F560E901073DBBE366A" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Discount from market price</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPricePurchaseDate_9AEABE40815C4F560E901073DBBE366A_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPricePurchaseDate_9AEABE40815C4F560E901073DBBE366A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Discount from Market Price, Purchase Date</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPricePurchaseDate" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPricePurchaseDate_9AEABE40815C4F560E901073DBBE366A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPricePurchaseDate_9AEABE40815C4F560E901073DBBE366A" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPricePurchaseDate_9AEABE40815C4F560E901073DBBE366A" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_235C9E104A1CE5CBD1BE1073DBBE9410_verboseLabel_en-US" xlink:label="lab_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_235C9E104A1CE5CBD1BE1073DBBE9410" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Common stock shares reserved for future issuance (in shares)</link:label>
    <link:label id="lab_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_235C9E104A1CE5CBD1BE1073DBBE9410_label_en-US" xlink:label="lab_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_235C9E104A1CE5CBD1BE1073DBBE9410" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Capital Shares Reserved for Future Issuance</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CommonStockCapitalSharesReservedForFutureIssuance" xlink:label="loc_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_235C9E104A1CE5CBD1BE1073DBBE9410" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_235C9E104A1CE5CBD1BE1073DBBE9410" xlink:to="lab_us-gaap_CommonStockCapitalSharesReservedForFutureIssuance_235C9E104A1CE5CBD1BE1073DBBE9410" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage_391F299FDE2A77F04A511073DBBF8492_terseLabel_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage_391F299FDE2A77F04A511073DBBF8492" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vesting percentage</link:label>
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage_391F299FDE2A77F04A511073DBBF8492_label_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage_391F299FDE2A77F04A511073DBBF8492" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage" xlink:label="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage_391F299FDE2A77F04A511073DBBF8492" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage_391F299FDE2A77F04A511073DBBF8492" xlink:to="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage_391F299FDE2A77F04A511073DBBF8492" xlink:type="arc" />
    <link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_4B1E390441433867372F1073DBBF813F_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_4B1E390441433867372F1073DBBF813F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total unrecognized compensation cost</link:label>
    <link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_4B1E390441433867372F1073DBBF813F_label_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_4B1E390441433867372F1073DBBF813F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized" xlink:label="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_4B1E390441433867372F1073DBBF813F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_4B1E390441433867372F1073DBBF813F" xlink:to="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized_4B1E390441433867372F1073DBBF813F" xlink:type="arc" />
    <link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_CF4FCC50F3CC347B0DF11073DBBFDF60_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_CF4FCC50F3CC347B0DF11073DBBFDF60" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted-average period unrecognized compensation cost is expected to be recognized, in years</link:label>
    <link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_CF4FCC50F3CC347B0DF11073DBBFDF60_label_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_CF4FCC50F3CC347B0DF11073DBBFDF60" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1" xlink:label="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_CF4FCC50F3CC347B0DF11073DBBFDF60" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_CF4FCC50F3CC347B0DF11073DBBFDF60" xlink:to="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_CF4FCC50F3CC347B0DF11073DBBFDF60" xlink:type="arc" />
    <link:label id="lab_ndaq_NumberofPerformanceBasedPrograms_F0163AF09E97CE422C771073DBBF60C0_terseLabel_en-US" xlink:label="lab_ndaq_NumberofPerformanceBasedPrograms_F0163AF09E97CE422C771073DBBF60C0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of performance-based programs</link:label>
    <link:label id="lab_ndaq_NumberofPerformanceBasedPrograms_F0163AF09E97CE422C771073DBBF60C0_label_en-US" xlink:label="lab_ndaq_NumberofPerformanceBasedPrograms_F0163AF09E97CE422C771073DBBF60C0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of Performance-Based Programs</link:label>
    <link:label id="lab_ndaq_NumberofPerformanceBasedPrograms_F0163AF09E97CE422C771073DBBF60C0_documentation_en-US" xlink:label="lab_ndaq_NumberofPerformanceBasedPrograms_F0163AF09E97CE422C771073DBBF60C0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of Performance-Based Programs</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_NumberofPerformanceBasedPrograms" xlink:label="loc_ndaq_NumberofPerformanceBasedPrograms_F0163AF09E97CE422C771073DBBF60C0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_NumberofPerformanceBasedPrograms_F0163AF09E97CE422C771073DBBF60C0" xlink:to="lab_ndaq_NumberofPerformanceBasedPrograms_F0163AF09E97CE422C771073DBBF60C0" xlink:type="arc" />
    <link:label id="lab_ndaq_SharebasedCompensationArrangementbySharebasedPaymentAwardPerformancePeriod_C608B7DBBFB6228DBD701073DBBF6218_terseLabel_en-US" xlink:label="lab_ndaq_SharebasedCompensationArrangementbySharebasedPaymentAwardPerformancePeriod_C608B7DBBFB6228DBD701073DBBF6218" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Performance period</link:label>
    <link:label id="lab_ndaq_SharebasedCompensationArrangementbySharebasedPaymentAwardPerformancePeriod_C608B7DBBFB6228DBD701073DBBF6218_label_en-US" xlink:label="lab_ndaq_SharebasedCompensationArrangementbySharebasedPaymentAwardPerformancePeriod_C608B7DBBFB6228DBD701073DBBF6218" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Performance Period</link:label>
    <link:label id="lab_ndaq_SharebasedCompensationArrangementbySharebasedPaymentAwardPerformancePeriod_C608B7DBBFB6228DBD701073DBBF6218_documentation_en-US" xlink:label="lab_ndaq_SharebasedCompensationArrangementbySharebasedPaymentAwardPerformancePeriod_C608B7DBBFB6228DBD701073DBBF6218" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Performance Period</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_SharebasedCompensationArrangementbySharebasedPaymentAwardPerformancePeriod" xlink:label="loc_ndaq_SharebasedCompensationArrangementbySharebasedPaymentAwardPerformancePeriod_C608B7DBBFB6228DBD701073DBBF6218" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_SharebasedCompensationArrangementbySharebasedPaymentAwardPerformancePeriod_C608B7DBBFB6228DBD701073DBBF6218" xlink:to="lab_ndaq_SharebasedCompensationArrangementbySharebasedPaymentAwardPerformancePeriod_C608B7DBBFB6228DBD701073DBBF6218" xlink:type="arc" />
    <link:label id="lab_ndaq_PercentageOfTargetAmountGrantedMinimum_F8E69376B1320460DC111073DBBF357C_terseLabel_en-US" xlink:label="lab_ndaq_PercentageOfTargetAmountGrantedMinimum_F8E69376B1320460DC111073DBBF357C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of target amount granted, minimum</link:label>
    <link:label id="lab_ndaq_PercentageOfTargetAmountGrantedMinimum_F8E69376B1320460DC111073DBBF357C_label_en-US" xlink:label="lab_ndaq_PercentageOfTargetAmountGrantedMinimum_F8E69376B1320460DC111073DBBF357C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Target Amount Granted Minimum</link:label>
    <link:label id="lab_ndaq_PercentageOfTargetAmountGrantedMinimum_F8E69376B1320460DC111073DBBF357C_documentation_en-US" xlink:label="lab_ndaq_PercentageOfTargetAmountGrantedMinimum_F8E69376B1320460DC111073DBBF357C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage Of Target Amount Granted Minimum</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_PercentageOfTargetAmountGrantedMinimum" xlink:label="loc_ndaq_PercentageOfTargetAmountGrantedMinimum_F8E69376B1320460DC111073DBBF357C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_PercentageOfTargetAmountGrantedMinimum_F8E69376B1320460DC111073DBBF357C" xlink:to="lab_ndaq_PercentageOfTargetAmountGrantedMinimum_F8E69376B1320460DC111073DBBF357C" xlink:type="arc" />
    <link:label id="lab_ndaq_PercentageOfTargetAmountGrantedMaximum_A55B6069FC9C4187CC871073DBC00286_terseLabel_en-US" xlink:label="lab_ndaq_PercentageOfTargetAmountGrantedMaximum_A55B6069FC9C4187CC871073DBC00286" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of target amount granted, maximum</link:label>
    <link:label id="lab_ndaq_PercentageOfTargetAmountGrantedMaximum_A55B6069FC9C4187CC871073DBC00286_label_en-US" xlink:label="lab_ndaq_PercentageOfTargetAmountGrantedMaximum_A55B6069FC9C4187CC871073DBC00286" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Target Amount Granted Maximum</link:label>
    <link:label id="lab_ndaq_PercentageOfTargetAmountGrantedMaximum_A55B6069FC9C4187CC871073DBC00286_documentation_en-US" xlink:label="lab_ndaq_PercentageOfTargetAmountGrantedMaximum_A55B6069FC9C4187CC871073DBC00286" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage Of Target Amount Granted Maximum</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_PercentageOfTargetAmountGrantedMaximum" xlink:label="loc_ndaq_PercentageOfTargetAmountGrantedMaximum_A55B6069FC9C4187CC871073DBC00286" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_PercentageOfTargetAmountGrantedMaximum_A55B6069FC9C4187CC871073DBC00286" xlink:to="lab_ndaq_PercentageOfTargetAmountGrantedMaximum_A55B6069FC9C4187CC871073DBC00286" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_BBB1F404B26FD72DCA1E1073DBC0D740_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_BBB1F404B26FD72DCA1E1073DBC0D740" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vesting period</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_BBB1F404B26FD72DCA1E1073DBC0D740_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_BBB1F404B26FD72DCA1E1073DBC0D740" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_BBB1F404B26FD72DCA1E1073DBC0D740" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_BBB1F404B26FD72DCA1E1073DBC0D740" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_BBB1F404B26FD72DCA1E1073DBC0D740" xlink:type="arc" />
    <link:label id="lab_ndaq_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsAdditionalGrantsinPeriod_877E25C70DC22A7FEE1C1073DBC0DFC7_terseLabel_en-US" xlink:label="lab_ndaq_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsAdditionalGrantsinPeriod_877E25C70DC22A7FEE1C1073DBC0DFC7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional units granted above target (in shares)</link:label>
    <link:label id="lab_ndaq_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsAdditionalGrantsinPeriod_877E25C70DC22A7FEE1C1073DBC0DFC7_label_en-US" xlink:label="lab_ndaq_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsAdditionalGrantsinPeriod_877E25C70DC22A7FEE1C1073DBC0DFC7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Grants in Period</link:label>
    <link:label id="lab_ndaq_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsAdditionalGrantsinPeriod_877E25C70DC22A7FEE1C1073DBC0DFC7_documentation_en-US" xlink:label="lab_ndaq_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsAdditionalGrantsinPeriod_877E25C70DC22A7FEE1C1073DBC0DFC7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Grants in Period</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsAdditionalGrantsinPeriod" xlink:label="loc_ndaq_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsAdditionalGrantsinPeriod_877E25C70DC22A7FEE1C1073DBC0DFC7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsAdditionalGrantsinPeriod_877E25C70DC22A7FEE1C1073DBC0DFC7" xlink:to="lab_ndaq_SharebasedCompensationArrangementbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsAdditionalGrantsinPeriod_877E25C70DC22A7FEE1C1073DBC0DFC7" xlink:type="arc" />
    <link:label id="lab_ndaq_NumberOfPeerGroups_B0E8A209FC0756D226AB1073DBC09943_terseLabel_en-US" xlink:label="lab_ndaq_NumberOfPeerGroups_B0E8A209FC0756D226AB1073DBC09943" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of peer groups</link:label>
    <link:label id="lab_ndaq_NumberOfPeerGroups_B0E8A209FC0756D226AB1073DBC09943_label_en-US" xlink:label="lab_ndaq_NumberOfPeerGroups_B0E8A209FC0756D226AB1073DBC09943" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Peer Groups</link:label>
    <link:label id="lab_ndaq_NumberOfPeerGroups_B0E8A209FC0756D226AB1073DBC09943_documentation_en-US" xlink:label="lab_ndaq_NumberOfPeerGroups_B0E8A209FC0756D226AB1073DBC09943" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of peer groups.</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_NumberOfPeerGroups" xlink:label="loc_ndaq_NumberOfPeerGroups_B0E8A209FC0756D226AB1073DBC09943" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_NumberOfPeerGroups_B0E8A209FC0756D226AB1073DBC09943" xlink:to="lab_ndaq_NumberOfPeerGroups_B0E8A209FC0756D226AB1073DBC09943" xlink:type="arc" />
    <link:label id="lab_ndaq_PerformanceBasedLongTermIncentiveProgramWeightedPercentage_AFCDAE74FB311BD271A31073DBC01226_terseLabel_en-US" xlink:label="lab_ndaq_PerformanceBasedLongTermIncentiveProgramWeightedPercentage_AFCDAE74FB311BD271A31073DBC01226" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Performance-based long-term incentive program weighted percentage</link:label>
    <link:label id="lab_ndaq_PerformanceBasedLongTermIncentiveProgramWeightedPercentage_AFCDAE74FB311BD271A31073DBC01226_label_en-US" xlink:label="lab_ndaq_PerformanceBasedLongTermIncentiveProgramWeightedPercentage_AFCDAE74FB311BD271A31073DBC01226" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Performance Based Long Term Incentive Program Weighted Percentage</link:label>
    <link:label id="lab_ndaq_PerformanceBasedLongTermIncentiveProgramWeightedPercentage_AFCDAE74FB311BD271A31073DBC01226_documentation_en-US" xlink:label="lab_ndaq_PerformanceBasedLongTermIncentiveProgramWeightedPercentage_AFCDAE74FB311BD271A31073DBC01226" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Performance Based Long Term Incentive Program Weighted Percentage</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_PerformanceBasedLongTermIncentiveProgramWeightedPercentage" xlink:label="loc_ndaq_PerformanceBasedLongTermIncentiveProgramWeightedPercentage_AFCDAE74FB311BD271A31073DBC01226" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_PerformanceBasedLongTermIncentiveProgramWeightedPercentage_AFCDAE74FB311BD271A31073DBC01226" xlink:to="lab_ndaq_PerformanceBasedLongTermIncentiveProgramWeightedPercentage_AFCDAE74FB311BD271A31073DBC01226" xlink:type="arc" />
    <link:label id="lab_ndaq_ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfSharesEarnedMinimum_D4FE6EC67ACF5E9B21851073DBC0E248_terseLabel_en-US" xlink:label="lab_ndaq_ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfSharesEarnedMinimum_D4FE6EC67ACF5E9B21851073DBC0E248" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Minimum payout</link:label>
    <link:label id="lab_ndaq_ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfSharesEarnedMinimum_D4FE6EC67ACF5E9B21851073DBC0E248_label_en-US" xlink:label="lab_ndaq_ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfSharesEarnedMinimum_D4FE6EC67ACF5E9B21851073DBC0E248" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share Based Compensation Arrangement By Share Based Payment Award Percentage Of Shares Earned Minimum</link:label>
    <link:label id="lab_ndaq_ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfSharesEarnedMinimum_D4FE6EC67ACF5E9B21851073DBC0E248_documentation_en-US" xlink:label="lab_ndaq_ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfSharesEarnedMinimum_D4FE6EC67ACF5E9B21851073DBC0E248" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share Based Compensation Arrangement By Share Based Payment Award Percentage Of Shares Earned Minimum</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfSharesEarnedMinimum" xlink:label="loc_ndaq_ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfSharesEarnedMinimum_D4FE6EC67ACF5E9B21851073DBC0E248" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfSharesEarnedMinimum_D4FE6EC67ACF5E9B21851073DBC0E248" xlink:to="lab_ndaq_ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfSharesEarnedMinimum_D4FE6EC67ACF5E9B21851073DBC0E248" xlink:type="arc" />
    <link:label id="lab_ndaq_ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfSharesEarnedMaximum_152B8BE6C6A021E7A3781073DBC00CDB_terseLabel_en-US" xlink:label="lab_ndaq_ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfSharesEarnedMaximum_152B8BE6C6A021E7A3781073DBC00CDB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum payout</link:label>
    <link:label id="lab_ndaq_ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfSharesEarnedMaximum_152B8BE6C6A021E7A3781073DBC00CDB_label_en-US" xlink:label="lab_ndaq_ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfSharesEarnedMaximum_152B8BE6C6A021E7A3781073DBC00CDB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share Based Compensation Arrangement By Share Based Payment Award Percentage Of Shares Earned Maximum</link:label>
    <link:label id="lab_ndaq_ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfSharesEarnedMaximum_152B8BE6C6A021E7A3781073DBC00CDB_documentation_en-US" xlink:label="lab_ndaq_ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfSharesEarnedMaximum_152B8BE6C6A021E7A3781073DBC00CDB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share Based Compensation Arrangement By Share Based Payment Award Percentage Of Shares Earned Maximum</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfSharesEarnedMaximum" xlink:label="loc_ndaq_ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfSharesEarnedMaximum_152B8BE6C6A021E7A3781073DBC00CDB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfSharesEarnedMaximum_152B8BE6C6A021E7A3781073DBC00CDB" xlink:to="lab_ndaq_ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfSharesEarnedMaximum_152B8BE6C6A021E7A3781073DBC00CDB" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_9E2C95E7A16BDF539A7B1073DBC1A543_verboseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_9E2C95E7A16BDF539A7B1073DBC1A543" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Stock option awards granted (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_9E2C95E7A16BDF539A7B1073DBC1A543_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_9E2C95E7A16BDF539A7B1073DBC1A543" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_9E2C95E7A16BDF539A7B1073DBC1A543" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_9E2C95E7A16BDF539A7B1073DBC1A543" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_9E2C95E7A16BDF539A7B1073DBC1A543" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue_B89A80DB686E4FAB4C1C1073DBC11E74_terseLabel_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue_B89A80DB686E4FAB4C1C1073DBC11E74" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted-average grant date fair value (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue_B89A80DB686E4FAB4C1C1073DBC11E74_label_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue_B89A80DB686E4FAB4C1C1073DBC11E74" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Weighted Average Grant Date Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue_B89A80DB686E4FAB4C1C1073DBC11E74" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue_B89A80DB686E4FAB4C1C1073DBC11E74" xlink:to="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue_B89A80DB686E4FAB4C1C1073DBC11E74" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_AACBA84F381849FE34AF1073DBC16A0B_verboseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_AACBA84F381849FE34AF1073DBC16A0B" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Stock options exercised in period (in shares)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_AACBA84F381849FE34AF1073DBC16A0B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_AACBA84F381849FE34AF1073DBC16A0B" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_AACBA84F381849FE34AF1073DBC16A0B" xlink:type="arc" />
    <link:label id="lab_us-gaap_ProceedsFromStockOptionsExercised_4ED2C57B651703A86B111073DBC2CFE9_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromStockOptionsExercised_4ED2C57B651703A86B111073DBC2CFE9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net cash proceeds from the exercise of stock options</link:label>
    <link:label id="lab_us-gaap_ProceedsFromStockOptionsExercised_4ED2C57B651703A86B111073DBC2CFE9_label_en-US" xlink:label="lab_us-gaap_ProceedsFromStockOptionsExercised_4ED2C57B651703A86B111073DBC2CFE9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Stock Options Exercised</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ProceedsFromStockOptionsExercised" xlink:label="loc_us-gaap_ProceedsFromStockOptionsExercised_4ED2C57B651703A86B111073DBC2CFE9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromStockOptionsExercised_4ED2C57B651703A86B111073DBC2CFE9" xlink:to="lab_us-gaap_ProceedsFromStockOptionsExercised_4ED2C57B651703A86B111073DBC2CFE9" xlink:type="arc" />
    <link:label id="lab_us-gaap_SharePrice_A3D5EA0857EEEFD4E7F01073DBC23C3C_terseLabel_en-US" xlink:label="lab_us-gaap_SharePrice_A3D5EA0857EEEFD4E7F01073DBC23C3C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share price (in dollars per share)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_SharePrice" xlink:label="loc_us-gaap_SharePrice_A3D5EA0857EEEFD4E7F01073DBC23C3C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharePrice_A3D5EA0857EEEFD4E7F01073DBC23C3C" xlink:to="lab_us-gaap_SharePrice_A3D5EA0857EEEFD4E7F01073DBC23C3C" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_15980A6A1975A6DA0CA91073DBC2EF3F_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_15980A6A1975A6DA0CA91073DBC2EF3F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock options, exercisable (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_15980A6A1975A6DA0CA91073DBC2EF3F_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_15980A6A1975A6DA0CA91073DBC2EF3F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_15980A6A1975A6DA0CA91073DBC2EF3F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_15980A6A1975A6DA0CA91073DBC2EF3F" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_15980A6A1975A6DA0CA91073DBC2EF3F" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_23AFFA00537D36F3DD341073DBC2B8A1_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_23AFFA00537D36F3DD341073DBC2B8A1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Options exercisable, weighted average exercise price (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_23AFFA00537D36F3DD341073DBC2B8A1_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_23AFFA00537D36F3DD341073DBC2B8A1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_23AFFA00537D36F3DD341073DBC2B8A1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_23AFFA00537D36F3DD341073DBC2B8A1" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_23AFFA00537D36F3DD341073DBC2B8A1" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_B5A70B50F5C1CBEE940D1073DBC22BED_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_B5A70B50F5C1CBEE940D1073DBC22BED" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total pre-tax intrinsic value of stock options exercised</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_B5A70B50F5C1CBEE940D1073DBC22BED_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_B5A70B50F5C1CBEE940D1073DBC22BED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period, Intrinsic Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_B5A70B50F5C1CBEE940D1073DBC22BED" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_B5A70B50F5C1CBEE940D1073DBC22BED" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_B5A70B50F5C1CBEE940D1073DBC22BED" xlink:type="arc" />
    <link:label id="lab_ndaq_MaximumPercentageOfSharesPurchasedFromAnnualCompensation_8034E8FEE75B32C7BE411073DBC3C42A_terseLabel_en-US" xlink:label="lab_ndaq_MaximumPercentageOfSharesPurchasedFromAnnualCompensation_8034E8FEE75B32C7BE411073DBC3C42A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum percentage of shares purchased from annual compensation</link:label>
    <link:label id="lab_ndaq_MaximumPercentageOfSharesPurchasedFromAnnualCompensation_8034E8FEE75B32C7BE411073DBC3C42A_label_en-US" xlink:label="lab_ndaq_MaximumPercentageOfSharesPurchasedFromAnnualCompensation_8034E8FEE75B32C7BE411073DBC3C42A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maximum Percentage Of Shares Purchased From Annual Compensation</link:label>
    <link:label id="lab_ndaq_MaximumPercentageOfSharesPurchasedFromAnnualCompensation_8034E8FEE75B32C7BE411073DBC3C42A_documentation_en-US" xlink:label="lab_ndaq_MaximumPercentageOfSharesPurchasedFromAnnualCompensation_8034E8FEE75B32C7BE411073DBC3C42A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Maximum Percentage of Shares Purchased from Annual Compensation.</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_MaximumPercentageOfSharesPurchasedFromAnnualCompensation" xlink:label="loc_ndaq_MaximumPercentageOfSharesPurchasedFromAnnualCompensation_8034E8FEE75B32C7BE411073DBC3C42A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_MaximumPercentageOfSharesPurchasedFromAnnualCompensation_8034E8FEE75B32C7BE411073DBC3C42A" xlink:to="lab_ndaq_MaximumPercentageOfSharesPurchasedFromAnnualCompensation_8034E8FEE75B32C7BE411073DBC3C42A" xlink:type="arc" />
    <link:label id="lab_ndaq_RateOfDiscountGivenToEmployees_F927F06D96D28F9D456F1073DBC36FA1_terseLabel_en-US" xlink:label="lab_ndaq_RateOfDiscountGivenToEmployees_F927F06D96D28F9D456F1073DBC36FA1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Discount given to employees</link:label>
    <link:label id="lab_ndaq_RateOfDiscountGivenToEmployees_F927F06D96D28F9D456F1073DBC36FA1_label_en-US" xlink:label="lab_ndaq_RateOfDiscountGivenToEmployees_F927F06D96D28F9D456F1073DBC36FA1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rate Of Discount Given To Employees</link:label>
    <link:label id="lab_ndaq_RateOfDiscountGivenToEmployees_F927F06D96D28F9D456F1073DBC36FA1_documentation_en-US" xlink:label="lab_ndaq_RateOfDiscountGivenToEmployees_F927F06D96D28F9D456F1073DBC36FA1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Rate of Discount given to Employees.</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_RateOfDiscountGivenToEmployees" xlink:label="loc_ndaq_RateOfDiscountGivenToEmployees_F927F06D96D28F9D456F1073DBC36FA1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_RateOfDiscountGivenToEmployees_F927F06D96D28F9D456F1073DBC36FA1" xlink:to="lab_ndaq_RateOfDiscountGivenToEmployees_F927F06D96D28F9D456F1073DBC36FA1" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentTextBlock_2DB8FDA3C519C404A02B9FC25026C155_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentTextBlock_2DB8FDA3C519C404A02B9FC25026C155" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Property and Equipment, Net</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentTextBlock_2DB8FDA3C519C404A02B9FC25026C155_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentTextBlock_2DB8FDA3C519C404A02B9FC25026C155" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PropertyPlantAndEquipmentTextBlock" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentTextBlock_2DB8FDA3C519C404A02B9FC25026C155" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentTextBlock_2DB8FDA3C519C404A02B9FC25026C155" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentTextBlock_2DB8FDA3C519C404A02B9FC25026C155" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsGross_60ECE0F42D42D72DF9DE149875EE0111_verboseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsGross_60ECE0F42D42D72DF9DE149875EE0111" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Finite-lived intangible assets reclassified as held for sale - customer relationships, Gross Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsGross" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsGross_60ECE0F42D42D72DF9DE149875EE0111" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsGross_60ECE0F42D42D72DF9DE149875EE0111" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsGross_60ECE0F42D42D72DF9DE149875EE0111" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_7C91033086349530B0A8149875EF5F4C_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_7C91033086349530B0A8149875EF5F4C" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Finite-lived intangible assets reclassified as held for sale - customer relationships, Accumulated Amortization</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_7C91033086349530B0A8149875EF5F4C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_7C91033086349530B0A8149875EF5F4C" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_7C91033086349530B0A8149875EF5F4C" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsNet_573CF1A98FF7581A661A149875EF576C_netLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsNet_573CF1A98FF7581A661A149875EF576C" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Finite-lived intangible assets reclassified as held for sale - customer relationships, Net Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsNet" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsNet_573CF1A98FF7581A661A149875EF576C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsNet_573CF1A98FF7581A661A149875EF576C" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsNet_573CF1A98FF7581A661A149875EF576C" xlink:type="arc" />
    <link:label id="lab_us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill_594A8262EC49F88390AE149875F48E6D_verboseLabel_en-US" xlink:label="lab_us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill_594A8262EC49F88390AE149875F48E6D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Indefinite-lived intangible assets reclassified as held for sale - trade name, Gross Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill" xlink:label="loc_us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill_594A8262EC49F88390AE149875F48E6D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill_594A8262EC49F88390AE149875F48E6D" xlink:to="lab_us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill_594A8262EC49F88390AE149875F48E6D" xlink:type="arc" />
    <link:label id="lab_ndaq_IndefiniteLivedIntangibleAssetsNet_46CDDD9B989027CF9623149875F480C6_terseLabel_en-US" xlink:label="lab_ndaq_IndefiniteLivedIntangibleAssetsNet_46CDDD9B989027CF9623149875F480C6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Indefinite-lived intangible assets reclassified as held for sale - trade name, Net Amount</link:label>
    <link:label id="lab_ndaq_IndefiniteLivedIntangibleAssetsNet_46CDDD9B989027CF9623149875F480C6_label_en-US" xlink:label="lab_ndaq_IndefiniteLivedIntangibleAssetsNet_46CDDD9B989027CF9623149875F480C6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Indefinite-Lived Intangible Assets, Net</link:label>
    <link:label id="lab_ndaq_IndefiniteLivedIntangibleAssetsNet_46CDDD9B989027CF9623149875F480C6_documentation_en-US" xlink:label="lab_ndaq_IndefiniteLivedIntangibleAssetsNet_46CDDD9B989027CF9623149875F480C6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Indefinite-Lived Intangible Assets, Net</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_IndefiniteLivedIntangibleAssetsNet" xlink:label="loc_ndaq_IndefiniteLivedIntangibleAssetsNet_46CDDD9B989027CF9623149875F480C6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_IndefiniteLivedIntangibleAssetsNet_46CDDD9B989027CF9623149875F480C6" xlink:to="lab_ndaq_IndefiniteLivedIntangibleAssetsNet_46CDDD9B989027CF9623149875F480C6" xlink:type="arc" />
    <link:label id="lab_us-gaap_IntangibleAssetsGrossExcludingGoodwill_023F64D40E8D976343B5149875F5FFF4_totalLabel_en-US" xlink:label="lab_us-gaap_IntangibleAssetsGrossExcludingGoodwill_023F64D40E8D976343B5149875F5FFF4" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Intangible Assets, Gross (Excluding Goodwill)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IntangibleAssetsGrossExcludingGoodwill" xlink:label="loc_us-gaap_IntangibleAssetsGrossExcludingGoodwill_023F64D40E8D976343B5149875F5FFF4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IntangibleAssetsGrossExcludingGoodwill_023F64D40E8D976343B5149875F5FFF4" xlink:to="lab_us-gaap_IntangibleAssetsGrossExcludingGoodwill_023F64D40E8D976343B5149875F5FFF4" xlink:type="arc" />
    <link:label id="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_70F125FC06F6B35519E4149875F6F1E1_verboseLabel_en-US" xlink:label="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_70F125FC06F6B35519E4149875F6F1E1" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Total intangible assets held for sale, Net Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IntangibleAssetsNetExcludingGoodwill" xlink:label="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_70F125FC06F6B35519E4149875F6F1E1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_70F125FC06F6B35519E4149875F6F1E1" xlink:to="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_70F125FC06F6B35519E4149875F6F1E1" xlink:type="arc" />
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_BD52C13F2CB3ABB11F71DC8DD591AAE3_terseLabel_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_BD52C13F2CB3ABB11F71DC8DD591AAE3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal income tax provision at the statutory rate</link:label>
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_BD52C13F2CB3ABB11F71DC8DD591AAE3_label_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_BD52C13F2CB3ABB11F71DC8DD591AAE3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_BD52C13F2CB3ABB11F71DC8DD591AAE3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_BD52C13F2CB3ABB11F71DC8DD591AAE3" xlink:to="lab_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_BD52C13F2CB3ABB11F71DC8DD591AAE3" xlink:type="arc" />
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_E5FD47CA03B2FCE8BAA1DC8DD59154BC_terseLabel_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_E5FD47CA03B2FCE8BAA1DC8DD59154BC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">State income tax provision, net of federal effect</link:label>
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_E5FD47CA03B2FCE8BAA1DC8DD59154BC_label_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_E5FD47CA03B2FCE8BAA1DC8DD59154BC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_E5FD47CA03B2FCE8BAA1DC8DD59154BC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_E5FD47CA03B2FCE8BAA1DC8DD59154BC" xlink:to="lab_us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes_E5FD47CA03B2FCE8BAA1DC8DD59154BC" xlink:type="arc" />
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate_98A9B48BAFD56276248EDC8DD591ABF9_terseLabel_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate_98A9B48BAFD56276248EDC8DD591ABF9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in deferred taxes due to change in law</link:label>
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate_98A9B48BAFD56276248EDC8DD591ABF9_label_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate_98A9B48BAFD56276248EDC8DD591ABF9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Percent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate_98A9B48BAFD56276248EDC8DD591ABF9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate_98A9B48BAFD56276248EDC8DD591ABF9" xlink:to="lab_us-gaap_EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate_98A9B48BAFD56276248EDC8DD591ABF9" xlink:type="arc" />
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent_D9E8D8D80388E7046BECDC8DD59118F4_terseLabel_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent_D9E8D8D80388E7046BECDC8DD59118F4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Excess tax benefits related to employee share-based compensation</link:label>
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent_D9E8D8D80388E7046BECDC8DD59118F4_label_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent_D9E8D8D80388E7046BECDC8DD59118F4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Share-based Compensation, Excess Tax Benefit, Percent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent_D9E8D8D80388E7046BECDC8DD59118F4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent_D9E8D8D80388E7046BECDC8DD59118F4" xlink:to="lab_us-gaap_EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent_D9E8D8D80388E7046BECDC8DD59118F4" xlink:type="arc" />
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential_F4A266BCC5822A35E4F0DC8DD5929616_verboseLabel_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential_F4A266BCC5822A35E4F0DC8DD5929616" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Non-U.S. subsidiary earnings</link:label>
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential_F4A266BCC5822A35E4F0DC8DD5929616_label_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential_F4A266BCC5822A35E4F0DC8DD5929616" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Foreign Income Tax Rate Differential, Percent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential_F4A266BCC5822A35E4F0DC8DD5929616" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential_F4A266BCC5822A35E4F0DC8DD5929616" xlink:to="lab_us-gaap_EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential_F4A266BCC5822A35E4F0DC8DD5929616" xlink:type="arc" />
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationTaxCredits_4C11096E9F3C46F32A02DC8DD5925596_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationTaxCredits_4C11096E9F3C46F32A02DC8DD5925596" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Tax credits and deductions</link:label>
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationTaxCredits_4C11096E9F3C46F32A02DC8DD5925596_label_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationTaxCredits_4C11096E9F3C46F32A02DC8DD5925596" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Tax Credit, Percent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationTaxCredits" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationTaxCredits_4C11096E9F3C46F32A02DC8DD5925596" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateReconciliationTaxCredits_4C11096E9F3C46F32A02DC8DD5925596" xlink:to="lab_us-gaap_EffectiveIncomeTaxRateReconciliationTaxCredits_4C11096E9F3C46F32A02DC8DD5925596" xlink:type="arc" />
    <link:label id="lab_ndaq_EffectiveIncomeTaxRateReconciliationChangeInUnrecognizedTaxBenefitsPercent_F86EE137B127AFF0047EDC8DD5925EE0_terseLabel_en-US" xlink:label="lab_ndaq_EffectiveIncomeTaxRateReconciliationChangeInUnrecognizedTaxBenefitsPercent_F86EE137B127AFF0047EDC8DD5925EE0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in unrecognized tax benefits</link:label>
    <link:label id="lab_ndaq_EffectiveIncomeTaxRateReconciliationChangeInUnrecognizedTaxBenefitsPercent_F86EE137B127AFF0047EDC8DD5925EE0_label_en-US" xlink:label="lab_ndaq_EffectiveIncomeTaxRateReconciliationChangeInUnrecognizedTaxBenefitsPercent_F86EE137B127AFF0047EDC8DD5925EE0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation Change In Unrecognized Tax Benefits, Percent</link:label>
    <link:label id="lab_ndaq_EffectiveIncomeTaxRateReconciliationChangeInUnrecognizedTaxBenefitsPercent_F86EE137B127AFF0047EDC8DD5925EE0_documentation_en-US" xlink:label="lab_ndaq_EffectiveIncomeTaxRateReconciliationChangeInUnrecognizedTaxBenefitsPercent_F86EE137B127AFF0047EDC8DD5925EE0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation Change In Unrecognized Tax Benefits, Percent</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_EffectiveIncomeTaxRateReconciliationChangeInUnrecognizedTaxBenefitsPercent" xlink:label="loc_ndaq_EffectiveIncomeTaxRateReconciliationChangeInUnrecognizedTaxBenefitsPercent_F86EE137B127AFF0047EDC8DD5925EE0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_EffectiveIncomeTaxRateReconciliationChangeInUnrecognizedTaxBenefitsPercent_F86EE137B127AFF0047EDC8DD5925EE0" xlink:to="lab_ndaq_EffectiveIncomeTaxRateReconciliationChangeInUnrecognizedTaxBenefitsPercent_F86EE137B127AFF0047EDC8DD5925EE0" xlink:type="arc" />
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_B134E210259EDB90B4F2DC8DD5924EEE_terseLabel_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_B134E210259EDB90B4F2DC8DD5924EEE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other, net</link:label>
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_B134E210259EDB90B4F2DC8DD5924EEE_label_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_B134E210259EDB90B4F2DC8DD5924EEE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Other Adjustments, Percent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_B134E210259EDB90B4F2DC8DD5924EEE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_B134E210259EDB90B4F2DC8DD5924EEE" xlink:to="lab_us-gaap_EffectiveIncomeTaxRateReconciliationOtherAdjustments_B134E210259EDB90B4F2DC8DD5924EEE" xlink:type="arc" />
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateContinuingOperations_D51F6F1E479274501B6EDC8DD5930CC4_totalLabel_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateContinuingOperations_D51F6F1E479274501B6EDC8DD5930CC4" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Actual income tax provision</link:label>
    <link:label id="lab_us-gaap_EffectiveIncomeTaxRateContinuingOperations_D51F6F1E479274501B6EDC8DD5930CC4_label_en-US" xlink:label="lab_us-gaap_EffectiveIncomeTaxRateContinuingOperations_D51F6F1E479274501B6EDC8DD5930CC4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effective Income Tax Rate Reconciliation, Percent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EffectiveIncomeTaxRateContinuingOperations" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_D51F6F1E479274501B6EDC8DD5930CC4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EffectiveIncomeTaxRateContinuingOperations_D51F6F1E479274501B6EDC8DD5930CC4" xlink:to="lab_us-gaap_EffectiveIncomeTaxRateContinuingOperations_D51F6F1E479274501B6EDC8DD5930CC4" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesRentExpenseSubleaseRentals1_CB579979E6CCE819A6739FC24C5F2A57_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesRentExpenseSubleaseRentals1_CB579979E6CCE819A6739FC24C5F2A57" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating sublease income</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeasesRentExpenseSubleaseRentals1" xlink:label="loc_us-gaap_OperatingLeasesRentExpenseSubleaseRentals1_CB579979E6CCE819A6739FC24C5F2A57" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesRentExpenseSubleaseRentals1_CB579979E6CCE819A6739FC24C5F2A57" xlink:to="lab_us-gaap_OperatingLeasesRentExpenseSubleaseRentals1_CB579979E6CCE819A6739FC24C5F2A57" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesRentExpenseNet_B3479C19B998043DDF6E9FC24C5F603E_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesRentExpenseNet_B3479C19B998043DDF6E9FC24C5F603E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Rent expense for operating leases</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesRentExpenseNet_B3479C19B998043DDF6E9FC24C5F603E_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesRentExpenseNet_B3479C19B998043DDF6E9FC24C5F603E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Rent Expense, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeasesRentExpenseNet" xlink:label="loc_us-gaap_OperatingLeasesRentExpenseNet_B3479C19B998043DDF6E9FC24C5F603E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesRentExpenseNet_B3479C19B998043DDF6E9FC24C5F603E" xlink:to="lab_us-gaap_OperatingLeasesRentExpenseNet_B3479C19B998043DDF6E9FC24C5F603E" xlink:type="arc" />
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtSecurities_996A57A4CEA086DEEB167CE7611CE514_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5E96FC6EFB2F57F0B68F942EC5B73BFA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Available-for-sale investment securities</link:label>
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtSecurities_996A57A4CEA086DEEB167CE7611CE514_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5E96FC6EFB2F57F0B68F942EC5B73BFA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Available-for-sale</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5E96FC6EFB2F57F0B68F942EC5B73BFA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5E96FC6EFB2F57F0B68F942EC5B73BFA" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesDebtSecurities_5E96FC6EFB2F57F0B68F942EC5B73BFA" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentsFairValueDisclosure_0337FEF45741B381DE937CE7611C88C7_totalLabel_en-US" xlink:label="lab_us-gaap_InvestmentsFairValueDisclosure_7D1A0D0B306C5A678DB49C7C0A85DB48" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Financial investments, at fair value</link:label>
    <link:label id="lab_us-gaap_InvestmentsFairValueDisclosure_0337FEF45741B381DE937CE7611C88C7_label_en-US" xlink:label="lab_us-gaap_InvestmentsFairValueDisclosure_7D1A0D0B306C5A678DB49C7C0A85DB48" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments, Fair Value Disclosure</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InvestmentsFairValueDisclosure" xlink:label="loc_us-gaap_InvestmentsFairValueDisclosure_7D1A0D0B306C5A678DB49C7C0A85DB48" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentsFairValueDisclosure_7D1A0D0B306C5A678DB49C7C0A85DB48" xlink:to="lab_us-gaap_InvestmentsFairValueDisclosure_7D1A0D0B306C5A678DB49C7C0A85DB48" xlink:type="arc" />
    <link:label id="lab_us-gaap_EquityMethodInvestments_46BAA59F52BDF4EE19367CE7611C075B_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestments_5B140B9F4EF55978A7026B349D2C990C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity method investments</link:label>
    <link:label id="lab_us-gaap_EquityMethodInvestments_46BAA59F52BDF4EE19367CE7611C075B_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestments_5B140B9F4EF55978A7026B349D2C990C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Method Investments</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EquityMethodInvestments" xlink:label="loc_us-gaap_EquityMethodInvestments_5B140B9F4EF55978A7026B349D2C990C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityMethodInvestments_5B140B9F4EF55978A7026B349D2C990C" xlink:to="lab_us-gaap_EquityMethodInvestments_5B140B9F4EF55978A7026B349D2C990C" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTableTextBlock_573941495435CB715721EE8700B325F4_terseLabel_en-US" xlink:label="lab_us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTableTextBlock_573941495435CB715721EE8700B325F4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Remaining Performance Obligation, Expected Timing of Satisfaction</link:label>
    <link:label id="lab_us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTableTextBlock_573941495435CB715721EE8700B325F4_label_en-US" xlink:label="lab_us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTableTextBlock_573941495435CB715721EE8700B325F4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTableTextBlock" xlink:label="loc_us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTableTextBlock_573941495435CB715721EE8700B325F4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTableTextBlock_573941495435CB715721EE8700B325F4" xlink:to="lab_us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTableTextBlock_573941495435CB715721EE8700B325F4" xlink:type="arc" />
    <link:label id="lab_us-gaap_DisaggregationOfRevenueTableTextBlock_37CF3EFBE314F2BC0F82EE8700B387CB_terseLabel_en-US" xlink:label="lab_us-gaap_DisaggregationOfRevenueTableTextBlock_37CF3EFBE314F2BC0F82EE8700B387CB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disaggregation of Revenue</link:label>
    <link:label id="lab_us-gaap_DisaggregationOfRevenueTableTextBlock_37CF3EFBE314F2BC0F82EE8700B387CB_label_en-US" xlink:label="lab_us-gaap_DisaggregationOfRevenueTableTextBlock_37CF3EFBE314F2BC0F82EE8700B387CB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disaggregation of Revenue [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DisaggregationOfRevenueTableTextBlock" xlink:label="loc_us-gaap_DisaggregationOfRevenueTableTextBlock_37CF3EFBE314F2BC0F82EE8700B387CB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DisaggregationOfRevenueTableTextBlock_37CF3EFBE314F2BC0F82EE8700B387CB" xlink:to="lab_us-gaap_DisaggregationOfRevenueTableTextBlock_37CF3EFBE314F2BC0F82EE8700B387CB" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock_DBD3236AC0E5DD1CA3B0EE8700B30F32_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock_DBD3236AC0E5DD1CA3B0EE8700B30F32" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of the Recent Accounting Pronouncements</link:label>
    <link:label id="lab_us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock_DBD3236AC0E5DD1CA3B0EE8700B30F32_label_en-US" xlink:label="lab_us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock_DBD3236AC0E5DD1CA3B0EE8700B30F32" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock" xlink:label="loc_us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock_DBD3236AC0E5DD1CA3B0EE8700B30F32" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock_DBD3236AC0E5DD1CA3B0EE8700B30F32" xlink:to="lab_us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock_DBD3236AC0E5DD1CA3B0EE8700B30F32" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_7E6B2111A134C81BBCF1CD5715AF0909_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_7E6B2111A134C81BBCF1CD5715AF0909" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of Stock Options</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_7E6B2111A134C81BBCF1CD5715AF0909_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_7E6B2111A134C81BBCF1CD5715AF0909" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_7E6B2111A134C81BBCF1CD5715AF0909" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_7E6B2111A134C81BBCF1CD5715AF0909" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_7E6B2111A134C81BBCF1CD5715AF0909" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_733A0673F092C40A3C77CD5715AF1D0E_periodStartLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_733A0673F092C40A3C77CD5715AF1D0E" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Outstanding at Beginning of period (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_733A0673F092C40A3C77CD5715AF1D0E_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_733A0673F092C40A3C77CD5715AF1D0E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_733A0673F092C40A3C77CD5715AF1D0E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_733A0673F092C40A3C77CD5715AF1D0E" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_733A0673F092C40A3C77CD5715AF1D0E" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_F8F3E023F515A716F62DCD5715AFA659_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_F8F3E023F515A716F62DCD5715AFA659" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Granted (in shares)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_F8F3E023F515A716F62DCD5715AFA659" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_F8F3E023F515A716F62DCD5715AFA659" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_F8F3E023F515A716F62DCD5715AFA659" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_3F0E90A8C6B4B6AF0C42CD5715AF4E07_negatedLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_3F0E90A8C6B4B6AF0C42CD5715AF4E07" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Exercised (in shares)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_3F0E90A8C6B4B6AF0C42CD5715AF4E07" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_3F0E90A8C6B4B6AF0C42CD5715AF4E07" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_3F0E90A8C6B4B6AF0C42CD5715AF4E07" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_4E4671821A460ED6BF38CD5715B0CF1A_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_4E4671821A460ED6BF38CD5715B0CF1A" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Forfeited (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_4E4671821A460ED6BF38CD5715B0CF1A_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_4E4671821A460ED6BF38CD5715B0CF1A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures in Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_4E4671821A460ED6BF38CD5715B0CF1A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_4E4671821A460ED6BF38CD5715B0CF1A" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_4E4671821A460ED6BF38CD5715B0CF1A" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_B809A884D28DD0E1D03DCD5715B0EF9A_periodEndLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_B809A884D28DD0E1D03DCD5715B0EF9A" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Outstanding at End of period (in shares)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_B809A884D28DD0E1D03DCD5715B0EF9A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_B809A884D28DD0E1D03DCD5715B0EF9A" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_B809A884D28DD0E1D03DCD5715B0EF9A" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceRollforward_6274D8C30FC474329B05CD5715B02844_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceRollforward_6274D8C30FC474329B05CD5715B02844" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted-Average Exercise Price</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceRollforward_6274D8C30FC474329B05CD5715B02844_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceRollforward_6274D8C30FC474329B05CD5715B02844" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceRollforward" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceRollforward_6274D8C30FC474329B05CD5715B02844" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceRollforward_6274D8C30FC474329B05CD5715B02844" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePriceRollforward_6274D8C30FC474329B05CD5715B02844" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_5A84B5709876C1155E4CCD5715B181E6_periodStartLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_5A84B5709876C1155E4CCD5715B181E6" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Outstanding at Beginning of period (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_5A84B5709876C1155E4CCD5715B181E6_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_5A84B5709876C1155E4CCD5715B181E6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_5A84B5709876C1155E4CCD5715B181E6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_5A84B5709876C1155E4CCD5715B181E6" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_5A84B5709876C1155E4CCD5715B181E6" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_301E85E6B946CD596E63CD5715B1D03E_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_301E85E6B946CD596E63CD5715B1D03E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Granted (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_301E85E6B946CD596E63CD5715B1D03E_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_301E85E6B946CD596E63CD5715B1D03E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_301E85E6B946CD596E63CD5715B1D03E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_301E85E6B946CD596E63CD5715B1D03E" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_301E85E6B946CD596E63CD5715B1D03E" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_C28CAE21BDF45EEA3EEACD5715B181E2_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_C28CAE21BDF45EEA3EEACD5715B181E2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exercised (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_C28CAE21BDF45EEA3EEACD5715B181E2_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_C28CAE21BDF45EEA3EEACD5715B181E2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangements by Share-based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_C28CAE21BDF45EEA3EEACD5715B181E2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_C28CAE21BDF45EEA3EEACD5715B181E2" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_C28CAE21BDF45EEA3EEACD5715B181E2" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_5B7838E979FF894F2D06CD5715B13A87_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_5B7838E979FF894F2D06CD5715B13A87" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Forfeited (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_5B7838E979FF894F2D06CD5715B13A87_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_5B7838E979FF894F2D06CD5715B13A87" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangements by Share-based Payment Award, Options, Forfeitures in Period, Weighted Average Exercise Price</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_5B7838E979FF894F2D06CD5715B13A87" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_5B7838E979FF894F2D06CD5715B13A87" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_5B7838E979FF894F2D06CD5715B13A87" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_2F11F8A0270072550CC5CD5715B1BE72_periodEndLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_2F11F8A0270072550CC5CD5715B1BE72" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Outstanding at End of period (in dollars per share)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_2F11F8A0270072550CC5CD5715B1BE72" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_2F11F8A0270072550CC5CD5715B1BE72" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_2F11F8A0270072550CC5CD5715B1BE72" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_C74E5F6B8C4D6E194416CD5715E3A2BA_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_C74E5F6B8C4D6E194416CD5715E3A2BA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of Awards</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_C74E5F6B8C4D6E194416CD5715E3A2BA_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_C74E5F6B8C4D6E194416CD5715E3A2BA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_C74E5F6B8C4D6E194416CD5715E3A2BA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_C74E5F6B8C4D6E194416CD5715E3A2BA" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedRollForward_C74E5F6B8C4D6E194416CD5715E3A2BA" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_9581BEFAEBD991E6DDA5CD5715E4392F_periodStartLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_9581BEFAEBD991E6DDA5CD5715E4392F" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Unvested balances at beginning of period (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_9581BEFAEBD991E6DDA5CD5715E4392F_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_9581BEFAEBD991E6DDA5CD5715E4392F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_9581BEFAEBD991E6DDA5CD5715E4392F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_9581BEFAEBD991E6DDA5CD5715E4392F" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_9581BEFAEBD991E6DDA5CD5715E4392F" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_C61081F86249FD06AFB7CD5715E4CDAF_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_C61081F86249FD06AFB7CD5715E4CDAF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Granted (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_C61081F86249FD06AFB7CD5715E4CDAF_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_C61081F86249FD06AFB7CD5715E4CDAF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_C61081F86249FD06AFB7CD5715E4CDAF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_C61081F86249FD06AFB7CD5715E4CDAF" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_C61081F86249FD06AFB7CD5715E4CDAF" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_C9542F800B4455260BA6CD5715E45DF7_negatedLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_C9542F800B4455260BA6CD5715E45DF7" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Vested (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_C9542F800B4455260BA6CD5715E45DF7_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_C9542F800B4455260BA6CD5715E45DF7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_C9542F800B4455260BA6CD5715E45DF7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_C9542F800B4455260BA6CD5715E45DF7" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_C9542F800B4455260BA6CD5715E45DF7" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_A520309FD360CF1FC767CD5715E49E91_negatedLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_A520309FD360CF1FC767CD5715E49E91" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Forfeited (in shares)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_A520309FD360CF1FC767CD5715E49E91_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_A520309FD360CF1FC767CD5715E49E91" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_A520309FD360CF1FC767CD5715E49E91" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_A520309FD360CF1FC767CD5715E49E91" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_A520309FD360CF1FC767CD5715E49E91" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_D457D5FD3E558214016DCD5715E56A74_periodEndLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_D457D5FD3E558214016DCD5715E56A74" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Unvested balances at end of period (in shares)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_D457D5FD3E558214016DCD5715E56A74" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_D457D5FD3E558214016DCD5715E56A74" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber_D457D5FD3E558214016DCD5715E56A74" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_1C83A357EE94D694A598CD5715E5726E_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_1C83A357EE94D694A598CD5715E5726E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted-Average Grant Date Fair Value</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_1C83A357EE94D694A598CD5715E5726E_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_1C83A357EE94D694A598CD5715E5726E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_1C83A357EE94D694A598CD5715E5726E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_1C83A357EE94D694A598CD5715E5726E" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValueRollForward_1C83A357EE94D694A598CD5715E5726E" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_3625845741123F4B023ACD5715E50885_periodStartLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_3625845741123F4B023ACD5715E50885" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Unvested balances at beginning of period (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_3625845741123F4B023ACD5715E50885_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_3625845741123F4B023ACD5715E50885" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_3625845741123F4B023ACD5715E50885" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_3625845741123F4B023ACD5715E50885" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_3625845741123F4B023ACD5715E50885" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_52629962F9A79AF97FC0CD5715E56903_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_52629962F9A79AF97FC0CD5715E56903" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Granted (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_52629962F9A79AF97FC0CD5715E56903_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_52629962F9A79AF97FC0CD5715E56903" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_52629962F9A79AF97FC0CD5715E56903" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_52629962F9A79AF97FC0CD5715E56903" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue_52629962F9A79AF97FC0CD5715E56903" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_D9EBB792B0A8D31F5151CD5715E5B0DC_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_D9EBB792B0A8D31F5151CD5715E5B0DC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Vested (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_D9EBB792B0A8D31F5151CD5715E5B0DC_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_D9EBB792B0A8D31F5151CD5715E5B0DC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_D9EBB792B0A8D31F5151CD5715E5B0DC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_D9EBB792B0A8D31F5151CD5715E5B0DC" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue_D9EBB792B0A8D31F5151CD5715E5B0DC" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_F93AEAE968AE50770F22CD5715E568D9_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_F93AEAE968AE50770F22CD5715E568D9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Forfeited (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_F93AEAE968AE50770F22CD5715E568D9_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_F93AEAE968AE50770F22CD5715E568D9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_F93AEAE968AE50770F22CD5715E568D9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_F93AEAE968AE50770F22CD5715E568D9" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue_F93AEAE968AE50770F22CD5715E568D9" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_DD79A43B4BB1D9B9E800CD5715E63FB4_periodEndLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_DD79A43B4BB1D9B9E800CD5715E63FB4" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Unvested balances at end of period (in dollars per share)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_DD79A43B4BB1D9B9E800CD5715E63FB4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_DD79A43B4BB1D9B9E800CD5715E63FB4" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue_DD79A43B4BB1D9B9E800CD5715E63FB4" xlink:type="arc" />
    <link:label id="lab_ndaq_NumeratorAbstract_7DD97FB60ADF75037118CF770A704D18_terseLabel_en-US" xlink:label="lab_ndaq_NumeratorAbstract_7DD97FB60ADF75037118CF770A704D18" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Numerator:</link:label>
    <link:label id="lab_ndaq_NumeratorAbstract_7DD97FB60ADF75037118CF770A704D18_label_en-US" xlink:label="lab_ndaq_NumeratorAbstract_7DD97FB60ADF75037118CF770A704D18" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Numerator [Abstract]</link:label>
    <link:label id="lab_ndaq_NumeratorAbstract_7DD97FB60ADF75037118CF770A704D18_documentation_en-US" xlink:label="lab_ndaq_NumeratorAbstract_7DD97FB60ADF75037118CF770A704D18" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Numerator [Abstract]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_NumeratorAbstract" xlink:label="loc_ndaq_NumeratorAbstract_7DD97FB60ADF75037118CF770A704D18" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_NumeratorAbstract_7DD97FB60ADF75037118CF770A704D18" xlink:to="lab_ndaq_NumeratorAbstract_7DD97FB60ADF75037118CF770A704D18" xlink:type="arc" />
    <link:label id="lab_us-gaap_NetIncomeLoss_B653230B370FA0A2065ECF770A718781_verboseLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLoss_B653230B370FA0A2065ECF770A718781" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Net income attributable to common shareholders</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaap_NetIncomeLoss_B653230B370FA0A2065ECF770A718781" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetIncomeLoss_B653230B370FA0A2065ECF770A718781" xlink:to="lab_us-gaap_NetIncomeLoss_B653230B370FA0A2065ECF770A718781" xlink:type="arc" />
    <link:label id="lab_ndaq_DenominatorAbstract_AFA4C133405596676976CF770A7168B8_terseLabel_en-US" xlink:label="lab_ndaq_DenominatorAbstract_AFA4C133405596676976CF770A7168B8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Denominator:</link:label>
    <link:label id="lab_ndaq_DenominatorAbstract_AFA4C133405596676976CF770A7168B8_label_en-US" xlink:label="lab_ndaq_DenominatorAbstract_AFA4C133405596676976CF770A7168B8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Denominator [Abstract]</link:label>
    <link:label id="lab_ndaq_DenominatorAbstract_AFA4C133405596676976CF770A7168B8_documentation_en-US" xlink:label="lab_ndaq_DenominatorAbstract_AFA4C133405596676976CF770A7168B8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Denominator [Abstract]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_DenominatorAbstract" xlink:label="loc_ndaq_DenominatorAbstract_AFA4C133405596676976CF770A7168B8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_DenominatorAbstract_AFA4C133405596676976CF770A7168B8" xlink:to="lab_ndaq_DenominatorAbstract_AFA4C133405596676976CF770A7168B8" xlink:type="arc" />
    <link:label id="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_3DDD697807FA21C0550BCF770A71CF5D_terseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_3DDD697807FA21C0550BCF770A71CF5D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted-average common shares outstanding for basic earnings per share (in shares)</link:label>
    <link:label id="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_3DDD697807FA21C0550BCF770A71CF5D_label_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_3DDD697807FA21C0550BCF770A71CF5D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted Average Number of Shares Outstanding, Basic</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_3DDD697807FA21C0550BCF770A71CF5D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_3DDD697807FA21C0550BCF770A71CF5D" xlink:to="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingBasic_3DDD697807FA21C0550BCF770A71CF5D" xlink:type="arc" />
    <link:label id="lab_us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustmentAbstract_AA50F44420E06AE66A87CF770A72A1B5_terseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustmentAbstract_AA50F44420E06AE66A87CF770A72A1B5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted-average effect of dilutive securities:</link:label>
    <link:label id="lab_us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustmentAbstract_AA50F44420E06AE66A87CF770A72A1B5_label_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustmentAbstract_AA50F44420E06AE66A87CF770A72A1B5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Incremental Weighted Average Shares Attributable to Dilutive Effect [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustmentAbstract" xlink:label="loc_us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustmentAbstract_AA50F44420E06AE66A87CF770A72A1B5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustmentAbstract_AA50F44420E06AE66A87CF770A72A1B5" xlink:to="lab_us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustmentAbstract_AA50F44420E06AE66A87CF770A72A1B5" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_ECE769B59CAF5BA45282CF770A72A3EE_terseLabel_en-US" xlink:label="lab_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_ECE769B59CAF5BA45282CF770A72A3EE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Employee equity awards (in shares)</link:label>
    <link:label id="lab_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_ECE769B59CAF5BA45282CF770A72A3EE_label_en-US" xlink:label="lab_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_ECE769B59CAF5BA45282CF770A72A3EE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements" xlink:label="loc_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_ECE769B59CAF5BA45282CF770A72A3EE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_ECE769B59CAF5BA45282CF770A72A3EE" xlink:to="lab_us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements_ECE769B59CAF5BA45282CF770A72A3EE" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncrementalCommonSharesAttributableToContingentlyIssuableShares_FA0F3DE9E8CE08581A6ACF770A72C46E_terseLabel_en-US" xlink:label="lab_us-gaap_IncrementalCommonSharesAttributableToContingentlyIssuableShares_FA0F3DE9E8CE08581A6ACF770A72C46E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contingent issuance of common stock</link:label>
    <link:label id="lab_us-gaap_IncrementalCommonSharesAttributableToContingentlyIssuableShares_FA0F3DE9E8CE08581A6ACF770A72C46E_label_en-US" xlink:label="lab_us-gaap_IncrementalCommonSharesAttributableToContingentlyIssuableShares_FA0F3DE9E8CE08581A6ACF770A72C46E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Incremental Common Shares Attributable to Dilutive Effect of Contingently Issuable Shares</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncrementalCommonSharesAttributableToContingentlyIssuableShares" xlink:label="loc_us-gaap_IncrementalCommonSharesAttributableToContingentlyIssuableShares_FA0F3DE9E8CE08581A6ACF770A72C46E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncrementalCommonSharesAttributableToContingentlyIssuableShares_FA0F3DE9E8CE08581A6ACF770A72C46E" xlink:to="lab_us-gaap_IncrementalCommonSharesAttributableToContingentlyIssuableShares_FA0F3DE9E8CE08581A6ACF770A72C46E" xlink:type="arc" />
    <link:label id="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_BE62D2F4C507F266D372CF770A72F01B_totalLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_BE62D2F4C507F266D372CF770A72F01B" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Weighted-average common shares outstanding for diluted earnings per share (in shares)</link:label>
    <link:label id="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_BE62D2F4C507F266D372CF770A72F01B_label_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_BE62D2F4C507F266D372CF770A72F01B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted Average Number of Shares Outstanding, Diluted</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_BE62D2F4C507F266D372CF770A72F01B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_BE62D2F4C507F266D372CF770A72F01B" xlink:to="lab_us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding_BE62D2F4C507F266D372CF770A72F01B" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerShareBasicAndDilutedAbstract_DCF97C256B668723AF08CF770A725F15_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasicAndDilutedAbstract_DCF97C256B668723AF08CF770A725F15" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basic and diluted earnings per share:</link:label>
    <link:label id="lab_us-gaap_EarningsPerShareBasicAndDilutedAbstract_DCF97C256B668723AF08CF770A725F15_label_en-US" xlink:label="lab_us-gaap_EarningsPerShareBasicAndDilutedAbstract_DCF97C256B668723AF08CF770A725F15" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Basic and Diluted [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EarningsPerShareBasicAndDilutedAbstract" xlink:label="loc_us-gaap_EarningsPerShareBasicAndDilutedAbstract_DCF97C256B668723AF08CF770A725F15" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerShareBasicAndDilutedAbstract_DCF97C256B668723AF08CF770A725F15" xlink:to="lab_us-gaap_EarningsPerShareBasicAndDilutedAbstract_DCF97C256B668723AF08CF770A725F15" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockParOrStatedValuePerShare_409F80F6ED94AA4C38BB9A57E754FE19_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockParOrStatedValuePerShare_409F80F6ED94AA4C38BB9A57E754FE19" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock, par value (in dollars per share)</link:label>
    <link:label id="lab_us-gaap_CommonStockParOrStatedValuePerShare_409F80F6ED94AA4C38BB9A57E754FE19_label_en-US" xlink:label="lab_us-gaap_CommonStockParOrStatedValuePerShare_409F80F6ED94AA4C38BB9A57E754FE19" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Par or Stated Value Per Share</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="loc_us-gaap_CommonStockParOrStatedValuePerShare_409F80F6ED94AA4C38BB9A57E754FE19" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockParOrStatedValuePerShare_409F80F6ED94AA4C38BB9A57E754FE19" xlink:to="lab_us-gaap_CommonStockParOrStatedValuePerShare_409F80F6ED94AA4C38BB9A57E754FE19" xlink:type="arc" />
    <link:label id="lab_us-gaap_TreasuryStockShares_E9F1F6476EF3210D51169A57E75546BF_terseLabel_en-US" xlink:label="lab_us-gaap_TreasuryStockShares_E9F1F6476EF3210D51169A57E75546BF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common stock in treasury (in shares)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_TreasuryStockShares" xlink:label="loc_us-gaap_TreasuryStockShares_E9F1F6476EF3210D51169A57E75546BF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TreasuryStockShares_E9F1F6476EF3210D51169A57E75546BF" xlink:to="lab_us-gaap_TreasuryStockShares_E9F1F6476EF3210D51169A57E75546BF" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtDisclosureTextBlock_356BD135AF08F6AB65B97CE760135B50_terseLabel_en-US" xlink:label="lab_us-gaap_DebtDisclosureTextBlock_F8CA862F2535543DB4FA80F03E5DCF96" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Obligations</link:label>
    <link:label id="lab_us-gaap_DebtDisclosureTextBlock_356BD135AF08F6AB65B97CE760135B50_label_en-US" xlink:label="lab_us-gaap_DebtDisclosureTextBlock_F8CA862F2535543DB4FA80F03E5DCF96" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DebtDisclosureTextBlock" xlink:label="loc_us-gaap_DebtDisclosureTextBlock_F8CA862F2535543DB4FA80F03E5DCF96" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtDisclosureTextBlock_F8CA862F2535543DB4FA80F03E5DCF96" xlink:to="lab_us-gaap_DebtDisclosureTextBlock_F8CA862F2535543DB4FA80F03E5DCF96" xlink:type="arc" />
    <link:label id="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_2700FC4B033128D449C70226AB770F1F_terseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_2700FC4B033128D449C70226AB770F1F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Purchase Consideration</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired" xlink:label="loc_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_2700FC4B033128D449C70226AB770F1F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_2700FC4B033128D449C70226AB770F1F" xlink:to="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_2700FC4B033128D449C70226AB770F1F" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles_A323DDB3EDCFB23951C30226AB78016F_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles_A323DDB3EDCFB23951C30226AB78016F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquired Intangible Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles_A323DDB3EDCFB23951C30226AB78016F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles_A323DDB3EDCFB23951C30226AB78016F" xlink:to="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles_A323DDB3EDCFB23951C30226AB78016F" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationConsiderationTransferred1_C8F04223F8706EA83FC20226AB785352_verboseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationConsiderationTransferred1_C8F04223F8706EA83FC20226AB785352" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Purchase price</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_BusinessCombinationConsiderationTransferred1" xlink:label="loc_us-gaap_BusinessCombinationConsiderationTransferred1_C8F04223F8706EA83FC20226AB785352" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationConsiderationTransferred1_C8F04223F8706EA83FC20226AB785352" xlink:to="lab_us-gaap_BusinessCombinationConsiderationTransferred1_C8F04223F8706EA83FC20226AB785352" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAcquiredFromAcquisition_5091EB6E4407BE4C4BF90226AB78CB9B_verboseLabel_en-US" xlink:label="lab_us-gaap_CashAcquiredFromAcquisition_5091EB6E4407BE4C4BF90226AB78CB9B" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Acquisition of businesses, net of cash and cash equivalents acquired</link:label>
    <link:label id="lab_us-gaap_CashAcquiredFromAcquisition_5091EB6E4407BE4C4BF90226AB78CB9B_label_en-US" xlink:label="lab_us-gaap_CashAcquiredFromAcquisition_5091EB6E4407BE4C4BF90226AB78CB9B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash Acquired from Acquisition</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CashAcquiredFromAcquisition" xlink:label="loc_us-gaap_CashAcquiredFromAcquisition_5091EB6E4407BE4C4BF90226AB78CB9B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAcquiredFromAcquisition_5091EB6E4407BE4C4BF90226AB78CB9B" xlink:to="lab_us-gaap_CashAcquiredFromAcquisition_5091EB6E4407BE4C4BF90226AB78CB9B" xlink:type="arc" />
    <link:label id="lab_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_4F9CC63AD7F8BD5E03541494D5442CA2_terseLabel_en-US" xlink:label="lab_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_4F9CC63AD7F8BD5E03541494D5442CA2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basis of Presentation</link:label>
    <link:label id="lab_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_4F9CC63AD7F8BD5E03541494D5442CA2_label_en-US" xlink:label="lab_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_4F9CC63AD7F8BD5E03541494D5442CA2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Basis of Accounting, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_BasisOfAccountingPolicyPolicyTextBlock" xlink:label="loc_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_4F9CC63AD7F8BD5E03541494D5442CA2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_4F9CC63AD7F8BD5E03541494D5442CA2" xlink:to="lab_us-gaap_BasisOfAccountingPolicyPolicyTextBlock_4F9CC63AD7F8BD5E03541494D5442CA2" xlink:type="arc" />
    <link:label id="lab_us-gaap_ConsolidationPolicyTextBlock_D33B3DEAAF50371510651494D5478B5F_terseLabel_en-US" xlink:label="lab_us-gaap_ConsolidationPolicyTextBlock_D33B3DEAAF50371510651494D5478B5F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consolidation</link:label>
    <link:label id="lab_us-gaap_ConsolidationPolicyTextBlock_D33B3DEAAF50371510651494D5478B5F_label_en-US" xlink:label="lab_us-gaap_ConsolidationPolicyTextBlock_D33B3DEAAF50371510651494D5478B5F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidation, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ConsolidationPolicyTextBlock" xlink:label="loc_us-gaap_ConsolidationPolicyTextBlock_D33B3DEAAF50371510651494D5478B5F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConsolidationPolicyTextBlock_D33B3DEAAF50371510651494D5478B5F" xlink:to="lab_us-gaap_ConsolidationPolicyTextBlock_D33B3DEAAF50371510651494D5478B5F" xlink:type="arc" />
    <link:label id="lab_us-gaap_UseOfEstimates_533A2BEBF5BC8D5A77801494D547B49E_terseLabel_en-US" xlink:label="lab_us-gaap_UseOfEstimates_533A2BEBF5BC8D5A77801494D547B49E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Use of Estimates</link:label>
    <link:label id="lab_us-gaap_UseOfEstimates_533A2BEBF5BC8D5A77801494D547B49E_label_en-US" xlink:label="lab_us-gaap_UseOfEstimates_533A2BEBF5BC8D5A77801494D547B49E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Use of Estimates, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_UseOfEstimates" xlink:label="loc_us-gaap_UseOfEstimates_533A2BEBF5BC8D5A77801494D547B49E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_UseOfEstimates_533A2BEBF5BC8D5A77801494D547B49E" xlink:to="lab_us-gaap_UseOfEstimates_533A2BEBF5BC8D5A77801494D547B49E" xlink:type="arc" />
    <link:label id="lab_us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_21CE5D4217CDB08DD1541494D5481128_terseLabel_en-US" xlink:label="lab_us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_21CE5D4217CDB08DD1541494D5481128" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign Currency</link:label>
    <link:label id="lab_us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_21CE5D4217CDB08DD1541494D5481128_label_en-US" xlink:label="lab_us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_21CE5D4217CDB08DD1541494D5481128" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Foreign Currency Transactions and Translations Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock" xlink:label="loc_us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_21CE5D4217CDB08DD1541494D5481128" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_21CE5D4217CDB08DD1541494D5481128" xlink:to="lab_us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_21CE5D4217CDB08DD1541494D5481128" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsPolicyTextBlock_2BE80C41287B49374D651494D5481A80_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPolicyTextBlock_2BE80C41287B49374D651494D5481A80" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents</link:label>
    <link:label id="lab_us-gaap_CashAndCashEquivalentsPolicyTextBlock_2BE80C41287B49374D651494D5481A80_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPolicyTextBlock_2BE80C41287B49374D651494D5481A80" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CashAndCashEquivalentsPolicyTextBlock" xlink:label="loc_us-gaap_CashAndCashEquivalentsPolicyTextBlock_2BE80C41287B49374D651494D5481A80" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsPolicyTextBlock_2BE80C41287B49374D651494D5481A80" xlink:to="lab_us-gaap_CashAndCashEquivalentsPolicyTextBlock_2BE80C41287B49374D651494D5481A80" xlink:type="arc" />
    <link:label id="lab_us-gaap_CashAndCashEquivalentsRestrictedCashAndCashEquivalentsPolicy_F89626DB29D556923F351494D5494C17_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsRestrictedCashAndCashEquivalentsPolicy_F89626DB29D556923F351494D5494C17" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted Cash</link:label>
    <link:label id="lab_us-gaap_CashAndCashEquivalentsRestrictedCashAndCashEquivalentsPolicy_F89626DB29D556923F351494D5494C17_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsRestrictedCashAndCashEquivalentsPolicy_F89626DB29D556923F351494D5494C17" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CashAndCashEquivalentsRestrictedCashAndCashEquivalentsPolicy" xlink:label="loc_us-gaap_CashAndCashEquivalentsRestrictedCashAndCashEquivalentsPolicy_F89626DB29D556923F351494D5494C17" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsRestrictedCashAndCashEquivalentsPolicy_F89626DB29D556923F351494D5494C17" xlink:to="lab_us-gaap_CashAndCashEquivalentsRestrictedCashAndCashEquivalentsPolicy_F89626DB29D556923F351494D5494C17" xlink:type="arc" />
    <link:label id="lab_us-gaap_ReceivablesPolicyTextBlock_88B5A66E379D5B33A5DB1494D54A09C5_terseLabel_en-US" xlink:label="lab_us-gaap_ReceivablesPolicyTextBlock_88B5A66E379D5B33A5DB1494D54A09C5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Receivables, net</link:label>
    <link:label id="lab_us-gaap_ReceivablesPolicyTextBlock_88B5A66E379D5B33A5DB1494D54A09C5_label_en-US" xlink:label="lab_us-gaap_ReceivablesPolicyTextBlock_88B5A66E379D5B33A5DB1494D54A09C5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Receivables, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ReceivablesPolicyTextBlock" xlink:label="loc_us-gaap_ReceivablesPolicyTextBlock_88B5A66E379D5B33A5DB1494D54A09C5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ReceivablesPolicyTextBlock_88B5A66E379D5B33A5DB1494D54A09C5" xlink:to="lab_us-gaap_ReceivablesPolicyTextBlock_88B5A66E379D5B33A5DB1494D54A09C5" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentPolicyTextBlock_F31F709C6B0FFC46407C1494D54A6148_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentPolicyTextBlock_F31F709C6B0FFC46407C1494D54A6148" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments</link:label>
    <link:label id="lab_us-gaap_InvestmentPolicyTextBlock_F31F709C6B0FFC46407C1494D54A6148_label_en-US" xlink:label="lab_us-gaap_InvestmentPolicyTextBlock_F31F709C6B0FFC46407C1494D54A6148" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InvestmentPolicyTextBlock" xlink:label="loc_us-gaap_InvestmentPolicyTextBlock_F31F709C6B0FFC46407C1494D54A6148" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentPolicyTextBlock_F31F709C6B0FFC46407C1494D54A6148" xlink:to="lab_us-gaap_InvestmentPolicyTextBlock_F31F709C6B0FFC46407C1494D54A6148" xlink:type="arc" />
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_863D12FB00F83195B0D61494D54A7C38_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_863D12FB00F83195B0D61494D54A7C38" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property and Equipment, net</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_863D12FB00F83195B0D61494D54A7C38_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_863D12FB00F83195B0D61494D54A7C38" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PropertyPlantAndEquipmentPolicyTextBlock" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_863D12FB00F83195B0D61494D54A7C38" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_863D12FB00F83195B0D61494D54A7C38" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_863D12FB00F83195B0D61494D54A7C38" xlink:type="arc" />
    <link:label id="lab_us-gaap_GoodwillAndIntangibleAssetsGoodwillPolicy_C3926DFB8E8ED27151CE1494D54BFDB9_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillAndIntangibleAssetsGoodwillPolicy_C3926DFB8E8ED27151CE1494D54BFDB9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goodwill and Indefinite-Lived Intangible Assets</link:label>
    <link:label id="lab_us-gaap_GoodwillAndIntangibleAssetsGoodwillPolicy_C3926DFB8E8ED27151CE1494D54BFDB9_label_en-US" xlink:label="lab_us-gaap_GoodwillAndIntangibleAssetsGoodwillPolicy_C3926DFB8E8ED27151CE1494D54BFDB9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Goodwill and Intangible Assets, Goodwill, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_GoodwillAndIntangibleAssetsGoodwillPolicy" xlink:label="loc_us-gaap_GoodwillAndIntangibleAssetsGoodwillPolicy_C3926DFB8E8ED27151CE1494D54BFDB9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillAndIntangibleAssetsGoodwillPolicy_C3926DFB8E8ED27151CE1494D54BFDB9" xlink:to="lab_us-gaap_GoodwillAndIntangibleAssetsGoodwillPolicy_C3926DFB8E8ED27151CE1494D54BFDB9" xlink:type="arc" />
    <link:label id="lab_us-gaap_ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock_EBD11DDB8CBCD028DBF61494D54B8C9E_terseLabel_en-US" xlink:label="lab_us-gaap_ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock_EBD11DDB8CBCD028DBF61494D54B8C9E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Valuation of Other Long-Lived Assets</link:label>
    <link:label id="lab_us-gaap_ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock_EBD11DDB8CBCD028DBF61494D54B8C9E_label_en-US" xlink:label="lab_us-gaap_ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock_EBD11DDB8CBCD028DBF61494D54B8C9E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock" xlink:label="loc_us-gaap_ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock_EBD11DDB8CBCD028DBF61494D54B8C9E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock_EBD11DDB8CBCD028DBF61494D54B8C9E" xlink:to="lab_us-gaap_ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock_EBD11DDB8CBCD028DBF61494D54B8C9E" xlink:type="arc" />
    <link:label id="lab_us-gaap_RevenueFromContractWithCustomerPolicyTextBlock_024601D99955550F44D21494D54B56A1_terseLabel_en-US" xlink:label="lab_us-gaap_RevenueFromContractWithCustomerPolicyTextBlock_024601D99955550F44D21494D54B56A1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenue From Contracts With Customers</link:label>
    <link:label id="lab_us-gaap_RevenueFromContractWithCustomerPolicyTextBlock_024601D99955550F44D21494D54B56A1_label_en-US" xlink:label="lab_us-gaap_RevenueFromContractWithCustomerPolicyTextBlock_024601D99955550F44D21494D54B56A1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue from Contract with Customer [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RevenueFromContractWithCustomerPolicyTextBlock" xlink:label="loc_us-gaap_RevenueFromContractWithCustomerPolicyTextBlock_024601D99955550F44D21494D54B56A1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RevenueFromContractWithCustomerPolicyTextBlock_024601D99955550F44D21494D54B56A1" xlink:to="lab_us-gaap_RevenueFromContractWithCustomerPolicyTextBlock_024601D99955550F44D21494D54B56A1" xlink:type="arc" />
    <link:label id="lab_us-gaap_EarningsPerSharePolicyTextBlock_4DC20C91FE2F600E86D91494D54CE944_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerSharePolicyTextBlock_4DC20C91FE2F600E86D91494D54CE944" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Earnings Per Share</link:label>
    <link:label id="lab_us-gaap_EarningsPerSharePolicyTextBlock_4DC20C91FE2F600E86D91494D54CE944_label_en-US" xlink:label="lab_us-gaap_EarningsPerSharePolicyTextBlock_4DC20C91FE2F600E86D91494D54CE944" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings Per Share, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_EarningsPerSharePolicyTextBlock" xlink:label="loc_us-gaap_EarningsPerSharePolicyTextBlock_4DC20C91FE2F600E86D91494D54CE944" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EarningsPerSharePolicyTextBlock_4DC20C91FE2F600E86D91494D54CE944" xlink:to="lab_us-gaap_EarningsPerSharePolicyTextBlock_4DC20C91FE2F600E86D91494D54CE944" xlink:type="arc" />
    <link:label id="lab_us-gaap_PensionAndOtherPostretirementPlansPolicy_90FEFCB9D077EDDD4F871494D54C4704_terseLabel_en-US" xlink:label="lab_us-gaap_PensionAndOtherPostretirementPlansPolicy_90FEFCB9D077EDDD4F871494D54C4704" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Pension and Post-Retirement Benefits</link:label>
    <link:label id="lab_us-gaap_PensionAndOtherPostretirementPlansPolicy_90FEFCB9D077EDDD4F871494D54C4704_label_en-US" xlink:label="lab_us-gaap_PensionAndOtherPostretirementPlansPolicy_90FEFCB9D077EDDD4F871494D54C4704" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Pension and Other Postretirement Plans, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_PensionAndOtherPostretirementPlansPolicy" xlink:label="loc_us-gaap_PensionAndOtherPostretirementPlansPolicy_90FEFCB9D077EDDD4F871494D54C4704" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PensionAndOtherPostretirementPlansPolicy_90FEFCB9D077EDDD4F871494D54C4704" xlink:to="lab_us-gaap_PensionAndOtherPostretirementPlansPolicy_90FEFCB9D077EDDD4F871494D54C4704" xlink:type="arc" />
    <link:label id="lab_us-gaap_CompensationRelatedCostsPolicyTextBlock_B1074B51D98BDBA032E51494D54DA8F6_terseLabel_en-US" xlink:label="lab_us-gaap_CompensationRelatedCostsPolicyTextBlock_B1074B51D98BDBA032E51494D54DA8F6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share-Based Compensation</link:label>
    <link:label id="lab_us-gaap_CompensationRelatedCostsPolicyTextBlock_B1074B51D98BDBA032E51494D54DA8F6_label_en-US" xlink:label="lab_us-gaap_CompensationRelatedCostsPolicyTextBlock_B1074B51D98BDBA032E51494D54DA8F6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Compensation Related Costs, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_CompensationRelatedCostsPolicyTextBlock" xlink:label="loc_us-gaap_CompensationRelatedCostsPolicyTextBlock_B1074B51D98BDBA032E51494D54DA8F6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CompensationRelatedCostsPolicyTextBlock_B1074B51D98BDBA032E51494D54DA8F6" xlink:to="lab_us-gaap_CompensationRelatedCostsPolicyTextBlock_B1074B51D98BDBA032E51494D54DA8F6" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessCombinationsAndOtherPurchaseOfBusinessTransactionsPolicyTextBlock_5F05CBECD72AE65F67261494D54EB0CA_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationsAndOtherPurchaseOfBusinessTransactionsPolicyTextBlock_5F05CBECD72AE65F67261494D54EB0CA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Merger and Strategic Initiatives</link:label>
    <link:label id="lab_us-gaap_BusinessCombinationsAndOtherPurchaseOfBusinessTransactionsPolicyTextBlock_5F05CBECD72AE65F67261494D54EB0CA_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationsAndOtherPurchaseOfBusinessTransactionsPolicyTextBlock_5F05CBECD72AE65F67261494D54EB0CA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combinations and Other Purchase of Business Transactions, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_BusinessCombinationsAndOtherPurchaseOfBusinessTransactionsPolicyTextBlock" xlink:label="loc_us-gaap_BusinessCombinationsAndOtherPurchaseOfBusinessTransactionsPolicyTextBlock_5F05CBECD72AE65F67261494D54EB0CA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationsAndOtherPurchaseOfBusinessTransactionsPolicyTextBlock_5F05CBECD72AE65F67261494D54EB0CA" xlink:to="lab_us-gaap_BusinessCombinationsAndOtherPurchaseOfBusinessTransactionsPolicyTextBlock_5F05CBECD72AE65F67261494D54EB0CA" xlink:type="arc" />
    <link:label id="lab_us-gaap_LesseeLeasesPolicyTextBlock_A4EA52A2504F99BBAE091494D54F71F4_terseLabel_en-US" xlink:label="lab_us-gaap_LesseeLeasesPolicyTextBlock_A4EA52A2504F99BBAE091494D54F71F4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Leases</link:label>
    <link:label id="lab_us-gaap_LesseeLeasesPolicyTextBlock_A4EA52A2504F99BBAE091494D54F71F4_label_en-US" xlink:label="lab_us-gaap_LesseeLeasesPolicyTextBlock_A4EA52A2504F99BBAE091494D54F71F4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lessee, Leases [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LesseeLeasesPolicyTextBlock" xlink:label="loc_us-gaap_LesseeLeasesPolicyTextBlock_A4EA52A2504F99BBAE091494D54F71F4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LesseeLeasesPolicyTextBlock_A4EA52A2504F99BBAE091494D54F71F4" xlink:to="lab_us-gaap_LesseeLeasesPolicyTextBlock_A4EA52A2504F99BBAE091494D54F71F4" xlink:type="arc" />
    <link:label id="lab_us-gaap_FairValueMeasurementPolicyPolicyTextBlock_C5E468EC77E8CD8BCB1C1494D5507BEA_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementPolicyPolicyTextBlock_C5E468EC77E8CD8BCB1C1494D5507BEA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value Measurements</link:label>
    <link:label id="lab_us-gaap_FairValueMeasurementPolicyPolicyTextBlock_C5E468EC77E8CD8BCB1C1494D5507BEA_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementPolicyPolicyTextBlock_C5E468EC77E8CD8BCB1C1494D5507BEA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Measurement, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FairValueMeasurementPolicyPolicyTextBlock" xlink:label="loc_us-gaap_FairValueMeasurementPolicyPolicyTextBlock_C5E468EC77E8CD8BCB1C1494D5507BEA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueMeasurementPolicyPolicyTextBlock_C5E468EC77E8CD8BCB1C1494D5507BEA" xlink:to="lab_us-gaap_FairValueMeasurementPolicyPolicyTextBlock_C5E468EC77E8CD8BCB1C1494D5507BEA" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncomeTaxPolicyTextBlock_6D579E7ADD9E0F48DFED1494D5500615_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxPolicyTextBlock_6D579E7ADD9E0F48DFED1494D5500615" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Tax Matters</link:label>
    <link:label id="lab_us-gaap_IncomeTaxPolicyTextBlock_6D579E7ADD9E0F48DFED1494D5500615_label_en-US" xlink:label="lab_us-gaap_IncomeTaxPolicyTextBlock_6D579E7ADD9E0F48DFED1494D5500615" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Tax, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_IncomeTaxPolicyTextBlock" xlink:label="loc_us-gaap_IncomeTaxPolicyTextBlock_6D579E7ADD9E0F48DFED1494D5500615" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxPolicyTextBlock_6D579E7ADD9E0F48DFED1494D5500615" xlink:to="lab_us-gaap_IncomeTaxPolicyTextBlock_6D579E7ADD9E0F48DFED1494D5500615" xlink:type="arc" />
    <link:label id="lab_us-gaap_FinanceLoanAndLeaseReceivablesHeldForSalePolicy_709F1885EA68D5D611FF1494D5514F13_terseLabel_en-US" xlink:label="lab_us-gaap_FinanceLoanAndLeaseReceivablesHeldForSalePolicy_709F1885EA68D5D611FF1494D5514F13" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets Held for Sale</link:label>
    <link:label id="lab_us-gaap_FinanceLoanAndLeaseReceivablesHeldForSalePolicy_709F1885EA68D5D611FF1494D5514F13_label_en-US" xlink:label="lab_us-gaap_FinanceLoanAndLeaseReceivablesHeldForSalePolicy_709F1885EA68D5D611FF1494D5514F13" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finance, Loan and Lease Receivables, Held-for-sale, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FinanceLoanAndLeaseReceivablesHeldForSalePolicy" xlink:label="loc_us-gaap_FinanceLoanAndLeaseReceivablesHeldForSalePolicy_709F1885EA68D5D611FF1494D5514F13" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinanceLoanAndLeaseReceivablesHeldForSalePolicy_709F1885EA68D5D611FF1494D5514F13" xlink:to="lab_us-gaap_FinanceLoanAndLeaseReceivablesHeldForSalePolicy_709F1885EA68D5D611FF1494D5514F13" xlink:type="arc" />
    <link:label id="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_3D4B906592C6DD0D774E1494D5528599_terseLabel_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_3D4B906592C6DD0D774E1494D5528599" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Recent Accounting Pronouncements</link:label>
    <link:label id="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_3D4B906592C6DD0D774E1494D5528599_label_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_3D4B906592C6DD0D774E1494D5528599" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">New Accounting Pronouncements, Policy [Policy Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:label="loc_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_3D4B906592C6DD0D774E1494D5528599" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_3D4B906592C6DD0D774E1494D5528599" xlink:to="lab_us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_3D4B906592C6DD0D774E1494D5528599" xlink:type="arc" />
    <link:label id="lab_us-gaap_MaterialReconcilingItemsMember_C2B5A0D06288D247C9F9CF770C9A33B7_terseLabel_en-US" xlink:label="lab_us-gaap_MaterialReconcilingItemsMember_C2B5A0D06288D247C9F9CF770C9A33B7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Segment Reconciling Items</link:label>
    <link:label id="lab_us-gaap_MaterialReconcilingItemsMember_C2B5A0D06288D247C9F9CF770C9A33B7_label_en-US" xlink:label="lab_us-gaap_MaterialReconcilingItemsMember_C2B5A0D06288D247C9F9CF770C9A33B7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segment Reconciling Items [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_MaterialReconcilingItemsMember" xlink:label="loc_us-gaap_MaterialReconcilingItemsMember_C2B5A0D06288D247C9F9CF770C9A33B7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MaterialReconcilingItemsMember_C2B5A0D06288D247C9F9CF770C9A33B7" xlink:to="lab_us-gaap_MaterialReconcilingItemsMember_C2B5A0D06288D247C9F9CF770C9A33B7" xlink:type="arc" />
    <link:label id="lab_ndaq_TransactionbasedTradingandClearingNetMember_B4281C60382A48CDA62ACF770C9B6FF9_terseLabel_en-US" xlink:label="lab_ndaq_TransactionbasedTradingandClearingNetMember_B4281C60382A48CDA62ACF770C9B6FF9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transaction-based trading and clearing, net</link:label>
    <link:label id="lab_ndaq_TransactionbasedTradingandClearingNetMember_B4281C60382A48CDA62ACF770C9B6FF9_label_en-US" xlink:label="lab_ndaq_TransactionbasedTradingandClearingNetMember_B4281C60382A48CDA62ACF770C9B6FF9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transaction-based Trading and Clearing, Net [Member]</link:label>
    <link:label id="lab_ndaq_TransactionbasedTradingandClearingNetMember_B4281C60382A48CDA62ACF770C9B6FF9_documentation_en-US" xlink:label="lab_ndaq_TransactionbasedTradingandClearingNetMember_B4281C60382A48CDA62ACF770C9B6FF9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Transaction-based Trading and Clearing, Net [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_TransactionbasedTradingandClearingNetMember" xlink:label="loc_ndaq_TransactionbasedTradingandClearingNetMember_B4281C60382A48CDA62ACF770C9B6FF9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_TransactionbasedTradingandClearingNetMember_B4281C60382A48CDA62ACF770C9B6FF9" xlink:to="lab_ndaq_TransactionbasedTradingandClearingNetMember_B4281C60382A48CDA62ACF770C9B6FF9" xlink:type="arc" />
    <link:label id="lab_ndaq_CorporateSolutionsMember_EEE4F00F79C72A914503CF770C9CEE76_terseLabel_en-US" xlink:label="lab_ndaq_CorporateSolutionsMember_EEE4F00F79C72A914503CF770C9CEE76" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Corporate solutions</link:label>
    <link:label id="lab_ndaq_CorporateSolutionsMember_EEE4F00F79C72A914503CF770C9CEE76_label_en-US" xlink:label="lab_ndaq_CorporateSolutionsMember_EEE4F00F79C72A914503CF770C9CEE76" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Corporate Solutions [Member]</link:label>
    <link:label id="lab_ndaq_CorporateSolutionsMember_EEE4F00F79C72A914503CF770C9CEE76_documentation_en-US" xlink:label="lab_ndaq_CorporateSolutionsMember_EEE4F00F79C72A914503CF770C9CEE76" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Corporate Solutions [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_CorporateSolutionsMember" xlink:label="loc_ndaq_CorporateSolutionsMember_EEE4F00F79C72A914503CF770C9CEE76" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_CorporateSolutionsMember_EEE4F00F79C72A914503CF770C9CEE76" xlink:to="lab_ndaq_CorporateSolutionsMember_EEE4F00F79C72A914503CF770C9CEE76" xlink:type="arc" />
    <link:label id="lab_ndaq_MarketDataProductsMember_D866074871583D04D321CF770C9C2ABF_terseLabel_en-US" xlink:label="lab_ndaq_MarketDataProductsMember_D866074871583D04D321CF770C9C2ABF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Market data products</link:label>
    <link:label id="lab_ndaq_MarketDataProductsMember_D866074871583D04D321CF770C9C2ABF_label_en-US" xlink:label="lab_ndaq_MarketDataProductsMember_D866074871583D04D321CF770C9C2ABF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Market Data Products [Member]</link:label>
    <link:label id="lab_ndaq_MarketDataProductsMember_D866074871583D04D321CF770C9C2ABF_documentation_en-US" xlink:label="lab_ndaq_MarketDataProductsMember_D866074871583D04D321CF770C9C2ABF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Market Data Products [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_MarketDataProductsMember" xlink:label="loc_ndaq_MarketDataProductsMember_D866074871583D04D321CF770C9C2ABF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_MarketDataProductsMember_D866074871583D04D321CF770C9C2ABF" xlink:to="lab_ndaq_MarketDataProductsMember_D866074871583D04D321CF770C9C2ABF" xlink:type="arc" />
    <link:label id="lab_ndaq_IndexLicensingandServicesMember_ECE7C848141911D0E1A5CF770C9C197D_terseLabel_en-US" xlink:label="lab_ndaq_IndexLicensingandServicesMember_ECE7C848141911D0E1A5CF770C9C197D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Index</link:label>
    <link:label id="lab_ndaq_IndexLicensingandServicesMember_ECE7C848141911D0E1A5CF770C9C197D_label_en-US" xlink:label="lab_ndaq_IndexLicensingandServicesMember_ECE7C848141911D0E1A5CF770C9C197D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Index Licensing and Services [Member]</link:label>
    <link:label id="lab_ndaq_IndexLicensingandServicesMember_ECE7C848141911D0E1A5CF770C9C197D_documentation_en-US" xlink:label="lab_ndaq_IndexLicensingandServicesMember_ECE7C848141911D0E1A5CF770C9C197D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Index Licensing and Services [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_IndexLicensingandServicesMember" xlink:label="loc_ndaq_IndexLicensingandServicesMember_ECE7C848141911D0E1A5CF770C9C197D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_IndexLicensingandServicesMember_ECE7C848141911D0E1A5CF770C9C197D" xlink:to="lab_ndaq_IndexLicensingandServicesMember_ECE7C848141911D0E1A5CF770C9C197D" xlink:type="arc" />
    <link:label id="lab_ndaq_InvestmentDataandAnalyticsMember_FF92E35F14F8B2390080CF770C9C4AA3_terseLabel_en-US" xlink:label="lab_ndaq_InvestmentDataandAnalyticsMember_FF92E35F14F8B2390080CF770C9C4AA3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment data &amp; analytics</link:label>
    <link:label id="lab_ndaq_InvestmentDataandAnalyticsMember_FF92E35F14F8B2390080CF770C9C4AA3_label_en-US" xlink:label="lab_ndaq_InvestmentDataandAnalyticsMember_FF92E35F14F8B2390080CF770C9C4AA3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Data and Analytics [Member]</link:label>
    <link:label id="lab_ndaq_InvestmentDataandAnalyticsMember_FF92E35F14F8B2390080CF770C9C4AA3_documentation_en-US" xlink:label="lab_ndaq_InvestmentDataandAnalyticsMember_FF92E35F14F8B2390080CF770C9C4AA3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investment Data and Analytics [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_InvestmentDataandAnalyticsMember" xlink:label="loc_ndaq_InvestmentDataandAnalyticsMember_FF92E35F14F8B2390080CF770C9C4AA3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_InvestmentDataandAnalyticsMember_FF92E35F14F8B2390080CF770C9C4AA3" xlink:to="lab_ndaq_InvestmentDataandAnalyticsMember_FF92E35F14F8B2390080CF770C9C4AA3" xlink:type="arc" />
    <link:label id="lab_ndaq_MarketTechnologyServicesMember_938CD7F542F0C74A3FA5CF770C9DB971_terseLabel_en-US" xlink:label="lab_ndaq_MarketTechnologyServicesMember_938CD7F542F0C74A3FA5CF770C9DB971" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Market technology</link:label>
    <link:label id="lab_ndaq_MarketTechnologyServicesMember_938CD7F542F0C74A3FA5CF770C9DB971_label_en-US" xlink:label="lab_ndaq_MarketTechnologyServicesMember_938CD7F542F0C74A3FA5CF770C9DB971" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Market Technology Services [Member]</link:label>
    <link:label id="lab_ndaq_MarketTechnologyServicesMember_938CD7F542F0C74A3FA5CF770C9DB971_documentation_en-US" xlink:label="lab_ndaq_MarketTechnologyServicesMember_938CD7F542F0C74A3FA5CF770C9DB971" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Market Technology Services [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_MarketTechnologyServicesMember" xlink:label="loc_ndaq_MarketTechnologyServicesMember_938CD7F542F0C74A3FA5CF770C9DB971" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_MarketTechnologyServicesMember_938CD7F542F0C74A3FA5CF770C9DB971" xlink:to="lab_ndaq_MarketTechnologyServicesMember_938CD7F542F0C74A3FA5CF770C9DB971" xlink:type="arc" />
    <link:label id="lab_us-gaap_GrossProfit_68233C98AE99468D06DFCF770C9F62DA_terseLabel_en-US" xlink:label="lab_us-gaap_GrossProfit_68233C98AE99468D06DFCF770C9F62DA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenues less transaction-based expenses</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_GrossProfit" xlink:label="loc_us-gaap_GrossProfit_68233C98AE99468D06DFCF770C9F62DA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GrossProfit_68233C98AE99468D06DFCF770C9F62DA" xlink:to="lab_us-gaap_GrossProfit_68233C98AE99468D06DFCF770C9F62DA" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableRateAxis_699DF6C869A3152060B410705224FC01_terseLabel_en-US" xlink:label="lab_us-gaap_VariableRateAxis_699DF6C869A3152060B410705224FC01" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable Rate [Axis]</link:label>
    <link:label id="lab_us-gaap_VariableRateAxis_699DF6C869A3152060B410705224FC01_label_en-US" xlink:label="lab_us-gaap_VariableRateAxis_699DF6C869A3152060B410705224FC01" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Rate [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_VariableRateAxis" xlink:label="loc_us-gaap_VariableRateAxis_699DF6C869A3152060B410705224FC01" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableRateAxis_699DF6C869A3152060B410705224FC01" xlink:to="lab_us-gaap_VariableRateAxis_699DF6C869A3152060B410705224FC01" xlink:type="arc" />
    <link:label id="lab_us-gaap_VariableRateDomain_898BCD38BC76A415CDA1107052257C2B_terseLabel_en-US" xlink:label="lab_us-gaap_VariableRateDomain_898BCD38BC76A415CDA1107052257C2B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable Rate [Domain]</link:label>
    <link:label id="lab_us-gaap_VariableRateDomain_898BCD38BC76A415CDA1107052257C2B_label_en-US" xlink:label="lab_us-gaap_VariableRateDomain_898BCD38BC76A415CDA1107052257C2B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Rate [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_VariableRateDomain" xlink:label="loc_us-gaap_VariableRateDomain_898BCD38BC76A415CDA1107052257C2B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_VariableRateDomain_898BCD38BC76A415CDA1107052257C2B" xlink:to="lab_us-gaap_VariableRateDomain_898BCD38BC76A415CDA1107052257C2B" xlink:type="arc" />
    <link:label id="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_A78A78C7C069A662A4D41070522589C5_terseLabel_en-US" xlink:label="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_A78A78C7C069A662A4D41070522589C5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">LIBOR</link:label>
    <link:label id="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_A78A78C7C069A662A4D41070522589C5_label_en-US" xlink:label="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_A78A78C7C069A662A4D41070522589C5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">London Interbank Offered Rate (LIBOR) [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LondonInterbankOfferedRateLIBORMember" xlink:label="loc_us-gaap_LondonInterbankOfferedRateLIBORMember_A78A78C7C069A662A4D41070522589C5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LondonInterbankOfferedRateLIBORMember_A78A78C7C069A662A4D41070522589C5" xlink:to="lab_us-gaap_LondonInterbankOfferedRateLIBORMember_A78A78C7C069A662A4D41070522589C5" xlink:type="arc" />
    <link:label id="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_1D1DE3579C7679EF4B0B10705225AC82_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_1D1DE3579C7679EF4B0B10705225AC82" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Spread on variable rate</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_1D1DE3579C7679EF4B0B10705225AC82_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_1D1DE3579C7679EF4B0B10705225AC82" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Basis Spread on Variable Rate</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_DebtInstrumentBasisSpreadOnVariableRate1" xlink:label="loc_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_1D1DE3579C7679EF4B0B10705225AC82" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_1D1DE3579C7679EF4B0B10705225AC82" xlink:to="lab_us-gaap_DebtInstrumentBasisSpreadOnVariableRate1_1D1DE3579C7679EF4B0B10705225AC82" xlink:type="arc" />
    <link:label id="lab_us-gaap_ShortTermBorrowings_691F23A1223F9DAA6B291073B2BDB15E_terseLabel_en-US" xlink:label="lab_us-gaap_ShortTermBorrowings_691F23A1223F9DAA6B291073B2BDB15E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Short-term Debt</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ShortTermBorrowings" xlink:label="loc_us-gaap_ShortTermBorrowings_691F23A1223F9DAA6B291073B2BDB15E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShortTermBorrowings_691F23A1223F9DAA6B291073B2BDB15E" xlink:to="lab_us-gaap_ShortTermBorrowings_691F23A1223F9DAA6B291073B2BDB15E" xlink:type="arc" />
    <link:label id="lab_ndaq_DocumentAndEntityInformationAbstract_991FD27D543F0B0C0B73AF473269FB8E_label_en-US" xlink:label="lab_ndaq_DocumentAndEntityInformationAbstract_991FD27D543F0B0C0B73AF473269FB8E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document And Entity Information [Abstract]</link:label>
    <link:label id="lab_ndaq_DocumentAndEntityInformationAbstract_991FD27D543F0B0C0B73AF473269FB8E_documentation_en-US" xlink:label="lab_ndaq_DocumentAndEntityInformationAbstract_991FD27D543F0B0C0B73AF473269FB8E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Document And Entity Information [Abstract]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_DocumentAndEntityInformationAbstract" xlink:label="loc_ndaq_DocumentAndEntityInformationAbstract_991FD27D543F0B0C0B73AF473269FB8E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_DocumentAndEntityInformationAbstract_991FD27D543F0B0C0B73AF473269FB8E" xlink:to="lab_ndaq_DocumentAndEntityInformationAbstract_991FD27D543F0B0C0B73AF473269FB8E" xlink:type="arc" />
    <link:label id="lab_dei_EntityRegistrantName_7ADA0850350194F1743EAF47326AC97C_terseLabel_en-US" xlink:label="lab_dei_EntityRegistrantName_7ADA0850350194F1743EAF47326AC97C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:label id="lab_dei_EntityRegistrantName_7ADA0850350194F1743EAF47326AC97C_label_en-US" xlink:label="lab_dei_EntityRegistrantName_7ADA0850350194F1743EAF47326AC97C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_EntityRegistrantName" xlink:label="loc_dei_EntityRegistrantName_7ADA0850350194F1743EAF47326AC97C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityRegistrantName_7ADA0850350194F1743EAF47326AC97C" xlink:to="lab_dei_EntityRegistrantName_7ADA0850350194F1743EAF47326AC97C" xlink:type="arc" />
    <link:label id="lab_dei_EntityCentralIndexKey_500D007F12839BC94024AF47326AAE79_terseLabel_en-US" xlink:label="lab_dei_EntityCentralIndexKey_500D007F12839BC94024AF47326AAE79" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:label id="lab_dei_EntityCentralIndexKey_500D007F12839BC94024AF47326AAE79_label_en-US" xlink:label="lab_dei_EntityCentralIndexKey_500D007F12839BC94024AF47326AAE79" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="loc_dei_EntityCentralIndexKey_500D007F12839BC94024AF47326AAE79" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCentralIndexKey_500D007F12839BC94024AF47326AAE79" xlink:to="lab_dei_EntityCentralIndexKey_500D007F12839BC94024AF47326AAE79" xlink:type="arc" />
    <link:label id="lab_dei_CurrentFiscalYearEndDate_425883E7D3810A171184AF47326A141E_terseLabel_en-US" xlink:label="lab_dei_CurrentFiscalYearEndDate_425883E7D3810A171184AF47326A141E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current Fiscal Year End Date</link:label>
    <link:label id="lab_dei_CurrentFiscalYearEndDate_425883E7D3810A171184AF47326A141E_label_en-US" xlink:label="lab_dei_CurrentFiscalYearEndDate_425883E7D3810A171184AF47326A141E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Fiscal Year End Date</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="loc_dei_CurrentFiscalYearEndDate_425883E7D3810A171184AF47326A141E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CurrentFiscalYearEndDate_425883E7D3810A171184AF47326A141E" xlink:to="lab_dei_CurrentFiscalYearEndDate_425883E7D3810A171184AF47326A141E" xlink:type="arc" />
    <link:label id="lab_dei_EntityFilerCategory_D58971BD25A7986EC0BCAF47326A5CE3_terseLabel_en-US" xlink:label="lab_dei_EntityFilerCategory_D58971BD25A7986EC0BCAF47326A5CE3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Filer Category</link:label>
    <link:label id="lab_dei_EntityFilerCategory_D58971BD25A7986EC0BCAF47326A5CE3_label_en-US" xlink:label="lab_dei_EntityFilerCategory_D58971BD25A7986EC0BCAF47326A5CE3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Filer Category</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_EntityFilerCategory" xlink:label="loc_dei_EntityFilerCategory_D58971BD25A7986EC0BCAF47326A5CE3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityFilerCategory_D58971BD25A7986EC0BCAF47326A5CE3" xlink:to="lab_dei_EntityFilerCategory_D58971BD25A7986EC0BCAF47326A5CE3" xlink:type="arc" />
    <link:label id="lab_dei_DocumentType_702B260A7E850FF00FB9AF47326B73E8_terseLabel_en-US" xlink:label="lab_dei_DocumentType_702B260A7E850FF00FB9AF47326B73E8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
    <link:label id="lab_dei_DocumentType_702B260A7E850FF00FB9AF47326B73E8_label_en-US" xlink:label="lab_dei_DocumentType_702B260A7E850FF00FB9AF47326B73E8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_DocumentType" xlink:label="loc_dei_DocumentType_702B260A7E850FF00FB9AF47326B73E8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentType_702B260A7E850FF00FB9AF47326B73E8" xlink:to="lab_dei_DocumentType_702B260A7E850FF00FB9AF47326B73E8" xlink:type="arc" />
    <link:label id="lab_dei_DocumentPeriodEndDate_E6822DF358C49D23C755AF47326BCD4F_terseLabel_en-US" xlink:label="lab_dei_DocumentPeriodEndDate_E6822DF358C49D23C755AF47326BCD4F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Period End Date</link:label>
    <link:label id="lab_dei_DocumentPeriodEndDate_E6822DF358C49D23C755AF47326BCD4F_label_en-US" xlink:label="lab_dei_DocumentPeriodEndDate_E6822DF358C49D23C755AF47326BCD4F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Period End Date</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="loc_dei_DocumentPeriodEndDate_E6822DF358C49D23C755AF47326BCD4F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentPeriodEndDate_E6822DF358C49D23C755AF47326BCD4F" xlink:to="lab_dei_DocumentPeriodEndDate_E6822DF358C49D23C755AF47326BCD4F" xlink:type="arc" />
    <link:label id="lab_dei_DocumentFiscalYearFocus_D41F8FB124928E846DCBAF47326B3D82_terseLabel_en-US" xlink:label="lab_dei_DocumentFiscalYearFocus_D41F8FB124928E846DCBAF47326B3D82" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Fiscal Year Focus</link:label>
    <link:label id="lab_dei_DocumentFiscalYearFocus_D41F8FB124928E846DCBAF47326B3D82_label_en-US" xlink:label="lab_dei_DocumentFiscalYearFocus_D41F8FB124928E846DCBAF47326B3D82" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Fiscal Year Focus</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:label="loc_dei_DocumentFiscalYearFocus_D41F8FB124928E846DCBAF47326B3D82" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentFiscalYearFocus_D41F8FB124928E846DCBAF47326B3D82" xlink:to="lab_dei_DocumentFiscalYearFocus_D41F8FB124928E846DCBAF47326B3D82" xlink:type="arc" />
    <link:label id="lab_dei_DocumentFiscalPeriodFocus_6340FD4106BCAC2993EBAF47326B2166_terseLabel_en-US" xlink:label="lab_dei_DocumentFiscalPeriodFocus_6340FD4106BCAC2993EBAF47326B2166" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Fiscal Period Focus</link:label>
    <link:label id="lab_dei_DocumentFiscalPeriodFocus_6340FD4106BCAC2993EBAF47326B2166_label_en-US" xlink:label="lab_dei_DocumentFiscalPeriodFocus_6340FD4106BCAC2993EBAF47326B2166" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Fiscal Period Focus</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="loc_dei_DocumentFiscalPeriodFocus_6340FD4106BCAC2993EBAF47326B2166" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentFiscalPeriodFocus_6340FD4106BCAC2993EBAF47326B2166" xlink:to="lab_dei_DocumentFiscalPeriodFocus_6340FD4106BCAC2993EBAF47326B2166" xlink:type="arc" />
    <link:label id="lab_dei_TradingSymbol_A0B382F78D19FC916371AF47326BF619_terseLabel_en-US" xlink:label="lab_dei_TradingSymbol_A0B382F78D19FC916371AF47326BF619" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trading Symbol</link:label>
    <link:label id="lab_dei_TradingSymbol_A0B382F78D19FC916371AF47326BF619_label_en-US" xlink:label="lab_dei_TradingSymbol_A0B382F78D19FC916371AF47326BF619" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trading Symbol</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_TradingSymbol" xlink:label="loc_dei_TradingSymbol_A0B382F78D19FC916371AF47326BF619" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_TradingSymbol_A0B382F78D19FC916371AF47326BF619" xlink:to="lab_dei_TradingSymbol_A0B382F78D19FC916371AF47326BF619" xlink:type="arc" />
    <link:label id="lab_dei_AmendmentFlag_ECCA605AF9682159FE4FAF47326C3594_terseLabel_en-US" xlink:label="lab_dei_AmendmentFlag_ECCA605AF9682159FE4FAF47326C3594" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amendment Flag</link:label>
    <link:label id="lab_dei_AmendmentFlag_ECCA605AF9682159FE4FAF47326C3594_label_en-US" xlink:label="lab_dei_AmendmentFlag_ECCA605AF9682159FE4FAF47326C3594" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amendment Flag</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_AmendmentFlag" xlink:label="loc_dei_AmendmentFlag_ECCA605AF9682159FE4FAF47326C3594" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AmendmentFlag_ECCA605AF9682159FE4FAF47326C3594" xlink:to="lab_dei_AmendmentFlag_ECCA605AF9682159FE4FAF47326C3594" xlink:type="arc" />
    <link:label id="lab_dei_EntityCommonStockSharesOutstanding_0B373210489C633B3E93AF47326C1B3C_terseLabel_en-US" xlink:label="lab_dei_EntityCommonStockSharesOutstanding_0B373210489C633B3E93AF47326C1B3C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
    <link:label id="lab_dei_EntityCommonStockSharesOutstanding_0B373210489C633B3E93AF47326C1B3C_label_en-US" xlink:label="lab_dei_EntityCommonStockSharesOutstanding_0B373210489C633B3E93AF47326C1B3C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="loc_dei_EntityCommonStockSharesOutstanding_0B373210489C633B3E93AF47326C1B3C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCommonStockSharesOutstanding_0B373210489C633B3E93AF47326C1B3C" xlink:to="lab_dei_EntityCommonStockSharesOutstanding_0B373210489C633B3E93AF47326C1B3C" xlink:type="arc" />
    <link:label id="lab_dei_EntityWellKnownSeasonedIssuer_A1A021F61E799EA3B045AF50DBC99089_terseLabel_en-US" xlink:label="lab_dei_EntityWellKnownSeasonedIssuer_A1A021F61E799EA3B045AF50DBC99089" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Well-known Seasoned Issuer</link:label>
    <link:label id="lab_dei_EntityWellKnownSeasonedIssuer_A1A021F61E799EA3B045AF50DBC99089_label_en-US" xlink:label="lab_dei_EntityWellKnownSeasonedIssuer_A1A021F61E799EA3B045AF50DBC99089" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Well-known Seasoned Issuer</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="loc_dei_EntityWellKnownSeasonedIssuer_A1A021F61E799EA3B045AF50DBC99089" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityWellKnownSeasonedIssuer_A1A021F61E799EA3B045AF50DBC99089" xlink:to="lab_dei_EntityWellKnownSeasonedIssuer_A1A021F61E799EA3B045AF50DBC99089" xlink:type="arc" />
    <link:label id="lab_dei_EntityVoluntaryFilers_E077485F11E7E4C19A9BAF5094BC12F6_terseLabel_en-US" xlink:label="lab_dei_EntityVoluntaryFilers_E077485F11E7E4C19A9BAF5094BC12F6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Voluntary Filers</link:label>
    <link:label id="lab_dei_EntityVoluntaryFilers_E077485F11E7E4C19A9BAF5094BC12F6_label_en-US" xlink:label="lab_dei_EntityVoluntaryFilers_E077485F11E7E4C19A9BAF5094BC12F6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Voluntary Filers</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_EntityVoluntaryFilers" xlink:label="loc_dei_EntityVoluntaryFilers_E077485F11E7E4C19A9BAF5094BC12F6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityVoluntaryFilers_E077485F11E7E4C19A9BAF5094BC12F6" xlink:to="lab_dei_EntityVoluntaryFilers_E077485F11E7E4C19A9BAF5094BC12F6" xlink:type="arc" />
    <link:label id="lab_dei_EntityCurrentReportingStatus_3087B1DB556C463D3F2AAF5127E1F7C2_terseLabel_en-US" xlink:label="lab_dei_EntityCurrentReportingStatus_3087B1DB556C463D3F2AAF5127E1F7C2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Current Reporting Status</link:label>
    <link:label id="lab_dei_EntityCurrentReportingStatus_3087B1DB556C463D3F2AAF5127E1F7C2_label_en-US" xlink:label="lab_dei_EntityCurrentReportingStatus_3087B1DB556C463D3F2AAF5127E1F7C2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Current Reporting Status</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_EntityCurrentReportingStatus" xlink:label="loc_dei_EntityCurrentReportingStatus_3087B1DB556C463D3F2AAF5127E1F7C2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCurrentReportingStatus_3087B1DB556C463D3F2AAF5127E1F7C2" xlink:to="lab_dei_EntityCurrentReportingStatus_3087B1DB556C463D3F2AAF5127E1F7C2" xlink:type="arc" />
    <link:label id="lab_dei_EntityPublicFloat_EEFB9F31EFDF07BF3C1EAF51B2149617_terseLabel_en-US" xlink:label="lab_dei_EntityPublicFloat_EEFB9F31EFDF07BF3C1EAF51B2149617" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Public Float</link:label>
    <link:label id="lab_dei_EntityPublicFloat_EEFB9F31EFDF07BF3C1EAF51B2149617_label_en-US" xlink:label="lab_dei_EntityPublicFloat_EEFB9F31EFDF07BF3C1EAF51B2149617" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Public Float</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_EntityPublicFloat" xlink:label="loc_dei_EntityPublicFloat_EEFB9F31EFDF07BF3C1EAF51B2149617" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityPublicFloat_EEFB9F31EFDF07BF3C1EAF51B2149617" xlink:to="lab_dei_EntityPublicFloat_EEFB9F31EFDF07BF3C1EAF51B2149617" xlink:type="arc" />
    <link:label id="lab_dei_EntityEmergingGrowthCompany_ECC8D25B8FEA867947B9AF47326CCF58_terseLabel_en-US" xlink:label="lab_dei_EntityEmergingGrowthCompany_ECC8D25B8FEA867947B9AF47326CCF58" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Emerging Growth Company</link:label>
    <link:label id="lab_dei_EntityEmergingGrowthCompany_ECC8D25B8FEA867947B9AF47326CCF58_label_en-US" xlink:label="lab_dei_EntityEmergingGrowthCompany_ECC8D25B8FEA867947B9AF47326CCF58" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Emerging Growth Company</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_EntityEmergingGrowthCompany" xlink:label="loc_dei_EntityEmergingGrowthCompany_ECC8D25B8FEA867947B9AF47326CCF58" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityEmergingGrowthCompany_ECC8D25B8FEA867947B9AF47326CCF58" xlink:to="lab_dei_EntityEmergingGrowthCompany_ECC8D25B8FEA867947B9AF47326CCF58" xlink:type="arc" />
    <link:label id="lab_dei_EntitySmallBusiness_82D910A0142AED04EBB7AF47326C9B75_terseLabel_en-US" xlink:label="lab_dei_EntitySmallBusiness_82D910A0142AED04EBB7AF47326C9B75" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Small Business</link:label>
    <link:label id="lab_dei_EntitySmallBusiness_82D910A0142AED04EBB7AF47326C9B75_label_en-US" xlink:label="lab_dei_EntitySmallBusiness_82D910A0142AED04EBB7AF47326C9B75" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Small Business</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_EntitySmallBusiness" xlink:label="loc_dei_EntitySmallBusiness_82D910A0142AED04EBB7AF47326C9B75" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntitySmallBusiness_82D910A0142AED04EBB7AF47326C9B75" xlink:to="lab_dei_EntitySmallBusiness_82D910A0142AED04EBB7AF47326C9B75" xlink:type="arc" />
    <link:label id="lab_dei_EntityShellCompany_CAE21DDE3D46A602723EAF47326CE8B1_terseLabel_en-US" xlink:label="lab_dei_EntityShellCompany_CAE21DDE3D46A602723EAF47326CE8B1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Shell Company</link:label>
    <link:label id="lab_dei_EntityShellCompany_CAE21DDE3D46A602723EAF47326CE8B1_label_en-US" xlink:label="lab_dei_EntityShellCompany_CAE21DDE3D46A602723EAF47326CE8B1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Shell Company</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2018/dei-2018-01-31.xsd#dei_EntityShellCompany" xlink:label="loc_dei_EntityShellCompany_CAE21DDE3D46A602723EAF47326CE8B1" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityShellCompany_CAE21DDE3D46A602723EAF47326CE8B1" xlink:to="lab_dei_EntityShellCompany_CAE21DDE3D46A602723EAF47326CE8B1" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock_141F5353C965DF61DE0DAF47307BE071_terseLabel_en-US" xlink:label="lab_us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock_141F5353C965DF61DE0DAF47307BE071" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restructuring Charges</link:label>
    <link:label id="lab_us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock_141F5353C965DF61DE0DAF47307BE071_label_en-US" xlink:label="lab_us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock_141F5353C965DF61DE0DAF47307BE071" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restructuring and Related Activities Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock" xlink:label="loc_us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock_141F5353C965DF61DE0DAF47307BE071" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock_141F5353C965DF61DE0DAF47307BE071" xlink:to="lab_us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock_141F5353C965DF61DE0DAF47307BE071" xlink:type="arc" />
    <link:label id="lab_ndaq_ForeignCurrencyTranslationAdjustmentMember_04D8586DADDF6F4DD6D70226AB27BE82_terseLabel_en-US" xlink:label="lab_ndaq_ForeignCurrencyTranslationAdjustmentMember_04D8586DADDF6F4DD6D70226AB27BE82" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign currency translation adjustment</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_ForeignCurrencyTranslationAdjustmentMember" xlink:label="loc_ndaq_ForeignCurrencyTranslationAdjustmentMember_04D8586DADDF6F4DD6D70226AB27BE82" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_ForeignCurrencyTranslationAdjustmentMember_04D8586DADDF6F4DD6D70226AB27BE82" xlink:to="lab_ndaq_ForeignCurrencyTranslationAdjustmentMember_04D8586DADDF6F4DD6D70226AB27BE82" xlink:type="arc" />
    <link:label id="lab_us-gaap_BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount_A0D37FAA972B3FEFD6C90226AB2A1DCE_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount_A0D37FAA972B3FEFD6C90226AB2A1DCE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amount of goodwill expected to be deductible for tax purposes</link:label>
    <link:label id="lab_us-gaap_BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount_A0D37FAA972B3FEFD6C90226AB2A1DCE_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount_A0D37FAA972B3FEFD6C90226AB2A1DCE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Acquisition, Goodwill, Expected Tax Deductible Amount</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount" xlink:label="loc_us-gaap_BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount_A0D37FAA972B3FEFD6C90226AB2A1DCE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount_A0D37FAA972B3FEFD6C90226AB2A1DCE" xlink:to="lab_us-gaap_BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount_A0D37FAA972B3FEFD6C90226AB2A1DCE" xlink:type="arc" />
    <link:label id="lab_us-gaap_GoodwillImpairmentLoss_3C4B3A2B771DB444A2150226AB2AE184_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillImpairmentLoss_3C4B3A2B771DB444A2150226AB2AE184" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goodwill, impairment loss</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_GoodwillImpairmentLoss" xlink:label="loc_us-gaap_GoodwillImpairmentLoss_3C4B3A2B771DB444A2150226AB2AE184" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillImpairmentLoss_3C4B3A2B771DB444A2150226AB2AE184" xlink:to="lab_us-gaap_GoodwillImpairmentLoss_3C4B3A2B771DB444A2150226AB2AE184" xlink:type="arc" />
    <link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsNet_C47C2147B6509574CB9C0226AB2B74EB_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsNet_C47C2147B6509574CB9C0226AB2B74EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign currency translation amortization expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsNet" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsNet_C47C2147B6509574CB9C0226AB2B74EB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsNet_C47C2147B6509574CB9C0226AB2B74EB" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsNet_C47C2147B6509574CB9C0226AB2B74EB" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock_CA8BA23E7901EECD9D529B92F92ADB63_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock_CA8BA23E7901EECD9D529B92F92ADB63" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Business Acquisitions, by Acquisition</link:label>
    <link:label id="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock_CA8BA23E7901EECD9D529B92F92ADB63_label_en-US" xlink:label="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock_CA8BA23E7901EECD9D529B92F92ADB63" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Business Acquisitions, by Acquisition [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock" xlink:label="loc_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock_CA8BA23E7901EECD9D529B92F92ADB63" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock_CA8BA23E7901EECD9D529B92F92ADB63" xlink:to="lab_us-gaap_ScheduleOfBusinessAcquisitionsByAcquisitionTextBlock_CA8BA23E7901EECD9D529B92F92ADB63" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsAcquiredAsPartOfBusinessCombinationTextBlock_A57616B57C721749FCE99B92F92BDB7B_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsAcquiredAsPartOfBusinessCombinationTextBlock_A57616B57C721749FCE99B92F92BDB7B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquired Finite Lived Intangible Assets in Acquisition</link:label>
    <link:label id="lab_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsAcquiredAsPartOfBusinessCombinationTextBlock_A57616B57C721749FCE99B92F92BDB7B_label_en-US" xlink:label="lab_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsAcquiredAsPartOfBusinessCombinationTextBlock_A57616B57C721749FCE99B92F92BDB7B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfFiniteLivedIntangibleAssetsAcquiredAsPartOfBusinessCombinationTextBlock" xlink:label="loc_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsAcquiredAsPartOfBusinessCombinationTextBlock_A57616B57C721749FCE99B92F92BDB7B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsAcquiredAsPartOfBusinessCombinationTextBlock_A57616B57C721749FCE99B92F92BDB7B" xlink:to="lab_us-gaap_ScheduleOfFiniteLivedIntangibleAssetsAcquiredAsPartOfBusinessCombinationTextBlock_A57616B57C721749FCE99B92F92BDB7B" xlink:type="arc" />
    <link:label id="lab_us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock_4383DFAC47395693C7C07CE761D4EDCC_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock_BC61B8968B055457BA5EF9ABE53D2481" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments</link:label>
    <link:label id="lab_us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock_4383DFAC47395693C7C07CE761D4EDCC_label_en-US" xlink:label="lab_us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock_BC61B8968B055457BA5EF9ABE53D2481" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock" xlink:label="loc_us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock_BC61B8968B055457BA5EF9ABE53D2481" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock_BC61B8968B055457BA5EF9ABE53D2481" xlink:to="lab_us-gaap_InvestmentsInDebtAndMarketableEquitySecuritiesAndCertainTradingAssetsDisclosureTextBlock_BC61B8968B055457BA5EF9ABE53D2481" xlink:type="arc" />
    <link:label id="lab_us-gaap_StockholdersEquityNoteDisclosureTextBlock_3D54328547F92E87F4A8AF472BAF1BE9_terseLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityNoteDisclosureTextBlock_3D54328547F92E87F4A8AF472BAF1BE9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Nasdaq Stockholders' Equity</link:label>
    <link:label id="lab_us-gaap_StockholdersEquityNoteDisclosureTextBlock_3D54328547F92E87F4A8AF472BAF1BE9_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityNoteDisclosureTextBlock_3D54328547F92E87F4A8AF472BAF1BE9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity Note Disclosure [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_StockholdersEquityNoteDisclosureTextBlock" xlink:label="loc_us-gaap_StockholdersEquityNoteDisclosureTextBlock_3D54328547F92E87F4A8AF472BAF1BE9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquityNoteDisclosureTextBlock_3D54328547F92E87F4A8AF472BAF1BE9" xlink:to="lab_us-gaap_StockholdersEquityNoteDisclosureTextBlock_3D54328547F92E87F4A8AF472BAF1BE9" xlink:type="arc" />
    <link:label id="lab_ndaq_SeniorNotesExcluding2020NotesMember_0E9A16711EFD52B564917CE75F574975_terseLabel_en-US" xlink:label="lab_ndaq_SeniorNotesExcluding2020NotesMember_652D72BCA5915920AB5561B2B3F562FA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Senior Notes Excluding 2020 Notes</link:label>
    <link:label id="lab_ndaq_SeniorNotesExcluding2020NotesMember_0E9A16711EFD52B564917CE75F574975_label_en-US" xlink:label="lab_ndaq_SeniorNotesExcluding2020NotesMember_652D72BCA5915920AB5561B2B3F562FA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Senior Notes Excluding 2020 Notes [Member]</link:label>
    <link:label id="lab_ndaq_SeniorNotesExcluding2020NotesMember_0E9A16711EFD52B564917CE75F574975_documentation_en-US" xlink:label="lab_ndaq_SeniorNotesExcluding2020NotesMember_652D72BCA5915920AB5561B2B3F562FA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Senior Notes Excluding 2020 Notes [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_SeniorNotesExcluding2020NotesMember" xlink:label="loc_ndaq_SeniorNotesExcluding2020NotesMember_652D72BCA5915920AB5561B2B3F562FA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_SeniorNotesExcluding2020NotesMember_652D72BCA5915920AB5561B2B3F562FA" xlink:to="lab_ndaq_SeniorNotesExcluding2020NotesMember_652D72BCA5915920AB5561B2B3F562FA" xlink:type="arc" />
    <link:label id="lab_ndaq_AggregatePrincipalAmountPurchasedPlusAccruedAndUnpaidInterest_756C866405640E3C94607CE75F570C0E_terseLabel_en-US" xlink:label="lab_ndaq_AggregatePrincipalAmountPurchasedPlusAccruedAndUnpaidInterest_44CC68B3DF0F50ACA449ED5204F3DEC3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Aggregate principal amount purchased plus accrued and unpaid interest</link:label>
    <link:label id="lab_ndaq_AggregatePrincipalAmountPurchasedPlusAccruedAndUnpaidInterest_756C866405640E3C94607CE75F570C0E_label_en-US" xlink:label="lab_ndaq_AggregatePrincipalAmountPurchasedPlusAccruedAndUnpaidInterest_44CC68B3DF0F50ACA449ED5204F3DEC3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Aggregate Principal Amount Purchased Plus Accrued And Unpaid Interest</link:label>
    <link:label id="lab_ndaq_AggregatePrincipalAmountPurchasedPlusAccruedAndUnpaidInterest_756C866405640E3C94607CE75F570C0E_documentation_en-US" xlink:label="lab_ndaq_AggregatePrincipalAmountPurchasedPlusAccruedAndUnpaidInterest_44CC68B3DF0F50ACA449ED5204F3DEC3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Aggregate Principal Amount Purchased Plus Accrued And Unpaid Interest</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_AggregatePrincipalAmountPurchasedPlusAccruedAndUnpaidInterest" xlink:label="loc_ndaq_AggregatePrincipalAmountPurchasedPlusAccruedAndUnpaidInterest_44CC68B3DF0F50ACA449ED5204F3DEC3" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_AggregatePrincipalAmountPurchasedPlusAccruedAndUnpaidInterest_44CC68B3DF0F50ACA449ED5204F3DEC3" xlink:to="lab_ndaq_AggregatePrincipalAmountPurchasedPlusAccruedAndUnpaidInterest_44CC68B3DF0F50ACA449ED5204F3DEC3" xlink:type="arc" />
    <link:label id="lab_us-gaap_NatureOfOperations_CBBE7E3750204F5006487CE75F389E82_terseLabel_en-US" xlink:label="lab_us-gaap_NatureOfOperations_CA8F7DF5A81658E086BBE22A1BDA531A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Organization and Nature of Operations</link:label>
    <link:label id="lab_us-gaap_NatureOfOperations_CBBE7E3750204F5006487CE75F389E82_label_en-US" xlink:label="lab_us-gaap_NatureOfOperations_CA8F7DF5A81658E086BBE22A1BDA531A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Nature of Operations [Text Block]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_NatureOfOperations" xlink:label="loc_us-gaap_NatureOfOperations_CA8F7DF5A81658E086BBE22A1BDA531A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NatureOfOperations_CA8F7DF5A81658E086BBE22A1BDA531A" xlink:to="lab_us-gaap_NatureOfOperations_CA8F7DF5A81658E086BBE22A1BDA531A" xlink:type="arc" />
    <link:label id="lab_us-gaap_ScheduleOfOperatingLeasedAssetsTable_26B5365974D042035F6D9FC24C764695_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfOperatingLeasedAssetsTable_26B5365974D042035F6D9FC24C764695" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Operating Leased Assets [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfOperatingLeasedAssetsTable_26B5365974D042035F6D9FC24C764695_label_en-US" xlink:label="lab_us-gaap_ScheduleOfOperatingLeasedAssetsTable_26B5365974D042035F6D9FC24C764695" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Operating Leased Assets [Table]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_ScheduleOfOperatingLeasedAssetsTable" xlink:label="loc_us-gaap_ScheduleOfOperatingLeasedAssetsTable_26B5365974D042035F6D9FC24C764695" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfOperatingLeasedAssetsTable_26B5365974D042035F6D9FC24C764695" xlink:to="lab_us-gaap_ScheduleOfOperatingLeasedAssetsTable_26B5365974D042035F6D9FC24C764695" xlink:type="arc" />
    <link:label id="lab_us-gaap_LeaseArrangementTypeAxis_A13DE273102B47F605469FC24C7788E6_terseLabel_en-US" xlink:label="lab_us-gaap_LeaseArrangementTypeAxis_A13DE273102B47F605469FC24C7788E6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Lease Arrangement, Type [Axis]</link:label>
    <link:label id="lab_us-gaap_LeaseArrangementTypeAxis_A13DE273102B47F605469FC24C7788E6_label_en-US" xlink:label="lab_us-gaap_LeaseArrangementTypeAxis_A13DE273102B47F605469FC24C7788E6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lease Arrangement, Type [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LeaseArrangementTypeAxis" xlink:label="loc_us-gaap_LeaseArrangementTypeAxis_A13DE273102B47F605469FC24C7788E6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LeaseArrangementTypeAxis_A13DE273102B47F605469FC24C7788E6" xlink:to="lab_us-gaap_LeaseArrangementTypeAxis_A13DE273102B47F605469FC24C7788E6" xlink:type="arc" />
    <link:label id="lab_us-gaap_LeaseArrangementTypeDomain_02A02FA7022D36A3481D9FC24C776AED_terseLabel_en-US" xlink:label="lab_us-gaap_LeaseArrangementTypeDomain_02A02FA7022D36A3481D9FC24C776AED" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Lease Arrangement, Type [Domain]</link:label>
    <link:label id="lab_us-gaap_LeaseArrangementTypeDomain_02A02FA7022D36A3481D9FC24C776AED_label_en-US" xlink:label="lab_us-gaap_LeaseArrangementTypeDomain_02A02FA7022D36A3481D9FC24C776AED" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lease Arrangement, Type [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_LeaseArrangementTypeDomain" xlink:label="loc_us-gaap_LeaseArrangementTypeDomain_02A02FA7022D36A3481D9FC24C776AED" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LeaseArrangementTypeDomain_02A02FA7022D36A3481D9FC24C776AED" xlink:to="lab_us-gaap_LeaseArrangementTypeDomain_02A02FA7022D36A3481D9FC24C776AED" xlink:type="arc" />
    <link:label id="lab_ndaq_GrossLeaseCommitmentsMember_DCD140FC50DF38B8672C9FC24C778B7C_terseLabel_en-US" xlink:label="lab_ndaq_GrossLeaseCommitmentsMember_DCD140FC50DF38B8672C9FC24C778B7C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gross Lease Commitments</link:label>
    <link:label id="lab_ndaq_GrossLeaseCommitmentsMember_DCD140FC50DF38B8672C9FC24C778B7C_label_en-US" xlink:label="lab_ndaq_GrossLeaseCommitmentsMember_DCD140FC50DF38B8672C9FC24C778B7C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gross Lease Commitments [Member]</link:label>
    <link:label id="lab_ndaq_GrossLeaseCommitmentsMember_DCD140FC50DF38B8672C9FC24C778B7C_documentation_en-US" xlink:label="lab_ndaq_GrossLeaseCommitmentsMember_DCD140FC50DF38B8672C9FC24C778B7C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Gross Lease Commitments [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_GrossLeaseCommitmentsMember" xlink:label="loc_ndaq_GrossLeaseCommitmentsMember_DCD140FC50DF38B8672C9FC24C778B7C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_GrossLeaseCommitmentsMember_DCD140FC50DF38B8672C9FC24C778B7C" xlink:to="lab_ndaq_GrossLeaseCommitmentsMember_DCD140FC50DF38B8672C9FC24C778B7C" xlink:type="arc" />
    <link:label id="lab_ndaq_SubleaseIncomeMember_80263241FB749CB8A53E9FC24C7868E7_terseLabel_en-US" xlink:label="lab_ndaq_SubleaseIncomeMember_80263241FB749CB8A53E9FC24C7868E7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sublease Income</link:label>
    <link:label id="lab_ndaq_SubleaseIncomeMember_80263241FB749CB8A53E9FC24C7868E7_label_en-US" xlink:label="lab_ndaq_SubleaseIncomeMember_80263241FB749CB8A53E9FC24C7868E7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sublease Income [Member]</link:label>
    <link:label id="lab_ndaq_SubleaseIncomeMember_80263241FB749CB8A53E9FC24C7868E7_documentation_en-US" xlink:label="lab_ndaq_SubleaseIncomeMember_80263241FB749CB8A53E9FC24C7868E7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Sublease Income [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_SubleaseIncomeMember" xlink:label="loc_ndaq_SubleaseIncomeMember_80263241FB749CB8A53E9FC24C7868E7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_SubleaseIncomeMember_80263241FB749CB8A53E9FC24C7868E7" xlink:to="lab_ndaq_SubleaseIncomeMember_80263241FB749CB8A53E9FC24C7868E7" xlink:type="arc" />
    <link:label id="lab_ndaq_NetLeaseCommitmentsMember_E573F2B4860B642654909FC24C788DF0_terseLabel_en-US" xlink:label="lab_ndaq_NetLeaseCommitmentsMember_E573F2B4860B642654909FC24C788DF0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net Lease Commitments</link:label>
    <link:label id="lab_ndaq_NetLeaseCommitmentsMember_E573F2B4860B642654909FC24C788DF0_label_en-US" xlink:label="lab_ndaq_NetLeaseCommitmentsMember_E573F2B4860B642654909FC24C788DF0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Lease Commitments [Member]</link:label>
    <link:label id="lab_ndaq_NetLeaseCommitmentsMember_E573F2B4860B642654909FC24C788DF0_documentation_en-US" xlink:label="lab_ndaq_NetLeaseCommitmentsMember_E573F2B4860B642654909FC24C788DF0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net Lease Commitments [Member]</link:label>
    <link:loc xlink:href="ndaq-20181231.xsd#ndaq_NetLeaseCommitmentsMember" xlink:label="loc_ndaq_NetLeaseCommitmentsMember_E573F2B4860B642654909FC24C788DF0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ndaq_NetLeaseCommitmentsMember_E573F2B4860B642654909FC24C788DF0" xlink:to="lab_ndaq_NetLeaseCommitmentsMember_E573F2B4860B642654909FC24C788DF0" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasedAssetsLineItems_BA3CF41335B732190FA99FC24C78621C_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasedAssetsLineItems_BA3CF41335B732190FA99FC24C78621C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating Leased Assets [Line Items]</link:label>
    <link:label id="lab_us-gaap_OperatingLeasedAssetsLineItems_BA3CF41335B732190FA99FC24C78621C_label_en-US" xlink:label="lab_us-gaap_OperatingLeasedAssetsLineItems_BA3CF41335B732190FA99FC24C78621C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leased Assets [Line Items]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeasedAssetsLineItems" xlink:label="loc_us-gaap_OperatingLeasedAssetsLineItems_BA3CF41335B732190FA99FC24C78621C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasedAssetsLineItems_BA3CF41335B732190FA99FC24C78621C" xlink:to="lab_us-gaap_OperatingLeasedAssetsLineItems_BA3CF41335B732190FA99FC24C78621C" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_B30EC89B95FDCDCD968B9FC24C7D6B77_verboseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_B30EC89B95FDCDCD968B9FC24C7D6B77" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">2019</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_B30EC89B95FDCDCD968B9FC24C7D6B77_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_B30EC89B95FDCDCD968B9FC24C7D6B77" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments Due, Next Twelve Months</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_B30EC89B95FDCDCD968B9FC24C7D6B77" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_B30EC89B95FDCDCD968B9FC24C7D6B77" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_B30EC89B95FDCDCD968B9FC24C7D6B77" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_C60CD99086CC0587231F9FC24C7E383D_verboseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_C60CD99086CC0587231F9FC24C7E383D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">2020</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_C60CD99086CC0587231F9FC24C7E383D_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_C60CD99086CC0587231F9FC24C7E383D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments, Due in Two Years</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_C60CD99086CC0587231F9FC24C7E383D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_C60CD99086CC0587231F9FC24C7E383D" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_C60CD99086CC0587231F9FC24C7E383D" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_E974B1724AA04D6544369FC24C7E2067_verboseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_E974B1724AA04D6544369FC24C7E2067" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">2021</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_E974B1724AA04D6544369FC24C7E2067_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_E974B1724AA04D6544369FC24C7E2067" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments, Due in Three Years</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_E974B1724AA04D6544369FC24C7E2067" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_E974B1724AA04D6544369FC24C7E2067" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_E974B1724AA04D6544369FC24C7E2067" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_FEC6308B3A5D5FA53B4C9FC24C7E34CB_verboseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_FEC6308B3A5D5FA53B4C9FC24C7E34CB" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">2022</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_FEC6308B3A5D5FA53B4C9FC24C7E34CB_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_FEC6308B3A5D5FA53B4C9FC24C7E34CB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments, Due in Four Years</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_FEC6308B3A5D5FA53B4C9FC24C7E34CB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_FEC6308B3A5D5FA53B4C9FC24C7E34CB" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_FEC6308B3A5D5FA53B4C9FC24C7E34CB" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_08CB25AEA2512CA1D1759FC24C7F81FD_verboseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_08CB25AEA2512CA1D1759FC24C7F81FD" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">2023</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_08CB25AEA2512CA1D1759FC24C7F81FD_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_08CB25AEA2512CA1D1759FC24C7F81FD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments, Due in Five Years</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_08CB25AEA2512CA1D1759FC24C7F81FD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_08CB25AEA2512CA1D1759FC24C7F81FD" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_08CB25AEA2512CA1D1759FC24C7F81FD" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_DC760509421255B906569FC24C7F2C5F_verboseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_DC760509421255B906569FC24C7F2C5F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Thereafter</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_DC760509421255B906569FC24C7F2C5F_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_DC760509421255B906569FC24C7F2C5F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments, Due Thereafter</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_DC760509421255B906569FC24C7F2C5F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_DC760509421255B906569FC24C7F2C5F" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_DC760509421255B906569FC24C7F2C5F" xlink:type="arc" />
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_E39460E067CF5CE704629FC24C7F97DB_totalLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_E39460E067CF5CE704629FC24C7F97DB" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total future minimum lease payments</link:label>
    <link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_E39460E067CF5CE704629FC24C7F97DB_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_E39460E067CF5CE704629FC24C7F97DB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Leases, Future Minimum Payments Due</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2018/elts/us-gaap-2018-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDue" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_E39460E067CF5CE704629FC24C7F97DB" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_E39460E067CF5CE704629FC24C7F97DB" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_E39460E067CF5CE704629FC24C7F97DB" xlink:type="arc" />
  </link:labelLink>
</link:linkbase>





