13 results about this entity
Period: 17 Jun 2005 - 07 Nov 2007
News
US market operator Nasdaq is acquiring the Philadelphia Stock Exchange (PHLX) for $652 million cash in a move that will see it expand into the fast-growing options trading business.
07 November 2007
US market operator Nasdaq is looking to expand in options trading by acquiring the Philadelphia Stock Exchange (PHLX), according to a Wall Street Journal report.
11 April 2007
The Philadelphia Stock Exchange (PHLX) says that six investment banks that invested in its business last year now hold an 89.4% stake in the company after they exercised warrants allowing them to buy additional shares.
18 July 2006
Wall Street banks Goldman Sachs, Bank of America and Bear Stearns are in talks to acquire a joint minority stake in the Chicago Stock Exchange (CHX), according to a Wall Street Journal report.
27 February 2006
The Philadelphia Stock Exchange has implemented a storage area network (SAN) from Brocade which it is using to comply with SEC regulations for capturing and archiving of electronic trades and issues.
10 January 2006
The Philadelphia Stock Exchange (PHLX) has confirmed that it is closing its equity trading floor and switching to an all-electronic operation.
09 January 2006
The Boston Stock Exchange (BSE) has confirmed it is teaming with Wall Street banks Citigroup, CSFB, Fidelity Brokerage Company and Lehman Brothers to launch an all-electronic equities trading market next year.
25 August 2005
The Philadelphia Stock Exchange (PHLX) has confirmed that Morgan Stanley, Citigroup, UBS and Credit Suisse First Boston are acquiring a combined 25% equity stake in its business for almost $19 million.
17 August 2005
Lehman Brothers, Credit Suisse First Boston, Fidelity Investments and Citigroup along with its Lava Trading unit are in advanced talks to create an electronic stock trading facility in Boston, according to a New York Times report.
16 August 2005
Citigroup, Morgan Stanley, Credit Suisse First Boston and UBS Securities are each considering buying a stake in struggling options mart Philadelphia Stock Exchange (PHLX), according to a report by the Wall Street Journal.
13 July 2005
The Philadelphia Board of Trade (Pbot) is implementing Tibco Software's 'enterprise backbone' technology to support deployment of its new electronic futures trading platform.
23 June 2005
SIA 2005: Sun has wheeled out a raft of financial customers to talk up its Solaris 10 operating system after undertaking more than 40 'proof of concept' trials with clients in the sector.
22 June 2005
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.