Nasdaq OMX Group

John Lothian Newsletter: Nasdaq to buy eSpeed platform for $750 million; U.K. Replaces ’Failed’ FSA With Prudential Regulatory Authority; Hong Kong as World-Beater Forged in London Metal by Mandarin Li

Nasdaq OMX Group gains a port of entry into the cash treasuries market with an agreement to buy the eSpeed trading platform from BGC Partners. The UK renames its “failed [regulatory] regime”, repaints the front door in in two colors, and unlocks it for business again....

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