Will spin off electronic exchange’s institutional division
Free anonymous routing and executions to NYSE
The Nasdaq Stock Market, Inc. today announced the pricing of a US$155 million secondary offering of its stock. The U.S. exchange sold 17,246,536 shares of its common stock at US$9.00 per share.The offering consisted entirely of shares offered by the NASD and certain other stockholders, who purchased such shares in the company’s 2000 and 2001 […]
Exchange, NASD agree to boost oversight
Firm offers directors liability insurance
Plans to list stock on its own exchange
Transparent, single opening price for 3,300 stocks
Exchange plans price cut
Will ask for one-minute trading halt on Friday
The Nasdaq Stock Market has completed its acquisition of the electronic exchange Brut LLC from SunGard Data Systems Inc. for US$190 million in cash. The Brut acquisition accelerates Nasdaq’s growth initiatives and enhances its competitive position, the exchange said, noting that it will increase liquidity, execution quality and the depth of market information. Effective Sept. […]