May 25, 2007
NASDAQ Will Acquire Nordic Exchange
NASDAQ failed in its attempt to buy the London Stock Exchange, so instead it's buying Nordic exchange operator OMX AB? OMX operates exchanges in Scandanavia and the Baltic region and also operates trading systems for other exchanges, including the Hong Kong exchange. The acquisition may be a prelude to a renewed effort by NASDAQ to acquire LSE. See WSJ, For Nasdaq, a Nordic Track.
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