Nasdaq Acquires Electronic Trading Firm

NPR | By Jim Zarroli

Published April 22, 2005 at 12:00 AM EDT

The Nasdaq securities exchange announces it will acquire the firm Instinet, which owns an important electronic trading system. The deal is valued at more than $1.8 billion, and follows the New York Stock Exchange's merger with an electronic trading firm.

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Nasdaq Acquires Electronic Trading Firm

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