Nasdaq OMX Targets Data Growth

The deal, which values OMX at $3.7 billion and is expected to close in the fourth quarter of this year, will see the two consolidate on OMX’s Genium trading platform and upcoming data distribution system, while retaining Nasdaq’s Inet platform for equities trading.

“Genium is a brilliant technology and an architecture that allows different best-of-breed applications to hook into its messaging bus,” Nasdaq chief executive Robert Greifeld said in a conference call on Friday. “[Genium will be] the