NASDAQ OMX Group (NDAQ) Declares $0.25 Quarterly Dividend; 1.8% Yield

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Go back to NASDAQ OMX Group (NDAQ) Declares $0.25 Quarterly Dividend; 1.8% Yield

NASDAQ OMX Group (NDAQ) Unit Acquires SecondMarket Solutions

October 22, 2015 7:17 AM EDT

NASDAQ OMX Group (Nasdaq: NDAQ) announced that its subsidiary, The NASDAQ Private Market, LLC, has acquired SecondMarket Solutions, Inc., a recognized innovator in facilitating liquidity for private company securities. SecondMarket will be integrated into NASDAQ Private Market, serving customers worldwide with bicoastal headquarters in New York and San Francisco. Bill Siegel, CEO of SecondMarket, will lead the business. The combination establishes a leading provider for innovative and efficient solutions to deliver secondary liquidity and equity management services.

The combined management and... More