BeX Appeal

WATERS SOAPBOX

First, the Philadelphia Stock Exchange (PHLX) sold an aggregated 25 percent interest in the exchange to Citadel Derivatives, Citigroup, Credit Suisse First Boston (CSFB), Merrill Lynch, Morgan Stanley and UBS. In just a matter of days after that announcement, the Boston Stock Exchange entered a similar deal with Citigroup, CSFB, Fidelity and Lehman Brothers to create a new all-electronic exchange, the Boston Equities Exchange (BeX).

What's fueling this? The simple answer is fear and the US

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Nasdaq reshuffles tech divisions post-Adenza

Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.

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