Nasdaq agrees to buy Treasurys-trading platform eSpeed

04/1/2013 | Bloomberg · Reuters · MarketWatch · Wall Street Journal, The

Nasdaq OMX Group plans to buy BGC Partners' eSpeed, a platform that trades U.S. Treasurys electronically, for about $750 million in cash. However, the deal could swell to $1.23 billion because of common shares Nasdaq will issue in connection with the transaction. The acquisition gives Nasdaq a toehold in fixed income. Register for SIFMA Tech 2013 and experience a comprehensive program complemented by specialized track like trading systems, data management and cloud infrastructure and more.

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Bloomberg · Reuters · MarketWatch · Wall Street Journal, The

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