Group’s shareholders unanimously approve acquisition of Oslo-based exchange after receiving clearance from Norwegian Ministry of Finance.
Nasdaq acquires 844,071 shares in Oslo Børs, taking its total ownership of the Norwegian exchange to 37%.
FastMatch matching engine is expected to be fully operational in Singapore in the fourth quarter this year.
Nasdaq has matched an offer made by Euronext to acquire Oslo Bors and lowered the barriers for shareholder acceptance on the deal.
Euronext has joined the QuantHouse API ecosystem which is used by more 300 buy-side firms and investment banks.
Exchange operator commits to ‘strategic project’ for Oslo Børs with improved bid to fend offer Nasdaq.
Following a delay in November, Euronext Dublin has now migrated to the proprietary cash markets trading platform Optiq.
Euroclear’s London-based CSD to settle Irish securities in a ‘no-deal’ Brexit scenario after agreement with ESMA and the Bank of England.
Euronext could increase its bid for Oslo Bors after it was outbid by Nasdaq last week for the takeover.
Exchange group has said it has unanimous approval from the board of directors at Oslo Bors to acquire the Norwegian exchange for $770 million.