Quartz·2 min read·medium
Nasdaq is buying a major off-exchange trading venue to build out its always-on markets strategy
✦AI Summary
Nasdaq is acquiring LeveL Markets, a major off-exchange trading venue, to integrate it into a new unit called Digital Liquidity Networks. This acquisition is part of Nasdaq's strategy to expand its 'always-on' market capabilities.
LeveL Markets, the third-largest U.S. alternative trading system by volume, will operate within a newly formed Nasdaq unit called Digital Liquidity Networks
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