NASDAQ acquires 25% of Dutch derivatives trading venue TOM

theflyonthewall.com

NASDAQ OMX Group announced the acquisition of 25% of the Dutch cash equity and equity derivatives trading venue TOM, The Order Machine. The agreement also includes an option for NASDAQ OMX to acquire an additional 25.1% of the remaining shares and secure a majority stake in TOM. The acquisition is subject to regulatory approval. The acquisition will not have a material effect on the results or the financial position of the NASDAQ OMX Group.

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