Nasdaq OMX focuses on synergies from acquisitions

08/20/2008 | Wall Street Journal, The

Although the Chicago Stock Exchange is for sale, executives at Nasdaq OMX Group have their hands full and likely will not make an offer, they said. After Nasdaq bought OMX AB, a Swedish exchange and technology group, earlier this year, it followed up with a purchase of the Philadelphia Stock Exchange. Nasdaq OMX's acquisition of the Boston Options Exchange is pending, and it has a share-trading platform in Europe about to launch. Chris Concannon, executive vice president of transaction services at Nasdaq OMX, said the exchange is focused on reaching synergies between the various entities.

View Full Article in:

Wall Street Journal, The

Published in Brief: