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Investment Brokerages M&A image Investment Brokerages M&A » By The Online Investor Staff, updated Fri., Oct. 22, 6:44 PM Recent mergers and acquisitions in the Investment Brokerages M&A category.

Slide #77. NASDAQ OMX Group, Inc. eSpeed trading platform

Acquirer: NASDAQ OMX Group, Inc. (NASDAQ:NDAQ)
Acquiree: eSpeed trading platform
Details: The NASDAQ OMX Group, Inc. announced it has entered into an agreement with BGC Partners, Inc. to acquire the eSpeed platform for a purchase price of $750 million in cash plus certain contingent issuances of stock that approximate certain tax benefits to NASDAQ OMX. eSpeed operates a fully executable central limit order book for electronic trading in U.S. Treasuries, which will give NASDAQ OMX a strong entry point in the electronic fixed income business one of the largest and most liquid cash markets in the world. The transaction is expected to be accretive to earnings within the first twelve months after closing, excluding transaction-related costs, and to generate attractive returns on capital.

Nasdaq is a holding company. Through its subsidiaries, Co. manages, operates and provides its products and services in four business segments: Market Services, which includes its equity derivative trading and clearing, cash equity trading, fixed income and commodities trading and clearing and trade management services businesses; Corporate Platforms, which includes its Listing Services and IR & ESG Services businesses; Investment Intelligence, which includes its Market Data, Index and Analytics businesses; and Market Technology, which is a solutions provider to exchanges, clearing organizations, central securities depositories, regulators, brokers, buy-side firms and corporate businesses.

Nasdaq OMX Group SEC Filing Email Alerts Service


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Company Name: 
Nasdaq Inc
Stock buyback: 
NDAQ buyback
Website: 
www.ir.nasdaq.com
Sector: 
Investment Brokerages
Number of ETFs Holding NDAQ: 
108
Total Market Value Held by ETFs: 
$3.66B
Total Market Capitalization: 
$33.30B
% of Market Cap. Held by ETFs: 
10.99%
 

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Buy (3.14 out of 4)
28th percentile
(ranked lower than approx. 72% of all stocks covered)

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