NY Post Report: Nasdaq in Talks to Buy ArcaEx
Today New York Post author, Paul Tharp reports that the Nasdaq, who recently filed a registration for an IPO, is in talks to acquire Archipelago. Here's the story: http://tinyurl.com/5kwcp
Here's the excerpt: ". . .Wall Street sources said the Nasdaq is in talks to acquire a competing all-electronic exchange, the Archipelago Exchange (ArcaEx) of Chicago, which had no comment on the reports. Acquiring Archipelago would give the Nasdaq broader market share and boost its value, sources said."