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Nasdaq Acquires Electronic Trading Firm

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Nasdaq Acquires Electronic Trading Firm

Business

Nasdaq Acquires Electronic Trading Firm

Nasdaq Acquires Electronic Trading Firm

  • Download
  • <iframe src="https://www.npr.org/player/embed/4616260/4616261" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

The Nasdaq securities exchange announces it will acquire the firm Instinet, which owns an important electronic trading system. The deal is valued at more than $1.8 billion, and follows the New York Stock Exchange's merger with an electronic trading firm.

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