Tradeweb $190 million acquisition of Nasdaq fixed income platform to close on 25 June
Nasdaq and Tradeweb confirmed in February that they had entered into a definitive agreement for Tradeweb to purchase Nasdaq’s fixed income business.
Nasdaq and Tradeweb confirmed in February that they had entered into a definitive agreement for Tradeweb to purchase Nasdaq’s fixed income business.
New global head of exchange at CrossTower brings 25 years of industry experience and will be responsible for running global exchanges and product expansion.
Nasdaq plans to launch the volatility index options later this year, following the approval from the US financial regulator.
The Nasdaq Execution Platform will help deliver the soon-to-launch PureStream ATS after the start-up raised $14 million from Goldman Sachs and Bank of America.
The major market participants were joined in the series A funding round by BMO Financial Group, AllianceBernstein and MaC Venture Capital.
Nasdaq, Cboe, and NYSE have sued the US regulator over its decision to overhaul real-time consolidated data feeds for the US equities market, also known as SIPs.
Nasdaq’s central limit order book for electronic trading in on-the-run US treasuries will serve Tradeweb’s wholesale sector via Dealerweb.
Jeremy Skule will oversee global strategy in an expanded role after working at Nasdaq for the past eight years.
Sucden Financial is the first institution to adopt the upgraded risk platform from Nasdaq.
The single-dealer platform developed in tandem with Nasdaq will offer institutional clients access to principal liquidity at Barclays in US-listed single names and ETFs.