The Options Clearing Corporation will replace its current clearing system with the help of Cinnober.
Nasdaq now controls 98.2% of the total shares in Cinnober after shareholders approve increased bid of $220 million.
Morgan Stanley, Virtu Financial, Citadel Securities, UBS and Fidelity Investments are among the firms looking to establish a low-cost, transparent equities exchange.
Securities and Exchange Commission unanimously approves a one-year programme, known as the transaction fee pilot, as part of a review of the ‘maker-taker’ trading system.
Initial offer of SEK 75 per share made in September increased to SEK 87 as Nasdaq seeks to tie up deal for Swedish technology provider.
Nasdaq US corporate bonds exchange launches after receiving SEC approval last month.
Nasdaq has acquired alternative data provider Quandl as the exchange group diversifies its technology and analytics offering.
NYSE, Nasdaq, CME Group and Cboe Global Markets will close on 5 December to honour former President George H. W. Bush.
Chief executive of Nasdaq Adena Friedman has been elected to sit on the board of directors at the Federal Reserve Bank of New York.
The UK’s Competition and Markets Authority has invited comment on Nasdaq’s proposed acquisition of Cinnober.