Nasdaq has matched an offer made by Euronext to acquire Oslo Bors and lowered the barriers for shareholder acceptance on the deal.
Peter Lenardos to leave company after six months as chief executive following the closure of Nasdaq’s takeover.
Exchange operator commits to ‘strategic project’ for Oslo Børs with improved bid to fend offer Nasdaq.
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.
IEX becomes first exchange operator to disclose its costs with the detailed report revealing incumbent exchanges are grossly marking up fees.
Symbiont has previously worked with Vangaurd to simplify its index data sharing processes using blockchain technology.
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.