The New York Stock Exchange has hit the acquisition trail, agreeing to buy and keep open the National Stock Exchange, the US’s smallest bourse, giving NYSE a place to experiment with a new speed or pricing model. The deal will give the exchanges operator a fourth US exchange licence and one that would be distinct from the other three venues, NYSE, NYSE MKT and Arca.
NYSE Deal for National Stock Exchange May Fuel New Trading Approaches – Wall Street Journal
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