NASDAQ OMX has acquired all of the outstanding membership interests in the Boston Stock Exchange (BSE). With the acquisition, NASDAQ has obtained a second equities trading license allowing for a separate Regulation NMS protected quote, which will be called NASDAQ OMX BX (BX). NASDAQ OMX also has acquired two BSE wholly-owned subsidiaries, Boston Options Regulation, LLC (BOXR) and the BSE Clearing Corporation (BSECC).
NASDAQ OMX has not acquired an interest in BSE’s options trading facility, the Boston Options Exchange (BOX). Instead, BSE’s ownership interest in Boston Options Exchange Group, LLC, the operator of BOX, has been transferred to MX US 2, a wholly-owned subsidiary of the Montreal Exchange Inc. However, BX, through BOXR, will operate as the regulatory services provider to BOX.
The following links provide information about BSE, BSECC, NASDAQ OMX BX, and BOX.
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