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The Merger that Rewrote Nasdaq's Tomorrow: Celebrating 10 Years of Nasdaq + OMX .

Reflections on a merger that changed Nasdaq and the markets.

The Merger that Rewrote Nasdaq's Tomorrow: Celebrating 10 Years of Nasdaq + OMX

When Nasdaq and OMX announced the close of the merger in February 2008, the financial world was a completely difference place. There was no sight of regulations such as Dodd-Frank or MiFID II. Lehman Brothers was still operating and financial technologies like blockchain were completely unheard of.

At the time the deal closed, NASDAQ OMX Group, was considered the world’s largest exchange company—and, more tellingly, to this day is considered one of the last major cross-border exchange mergers. Today, as we celebrate the 10th anniversary of the transaction that rewrote the history of both companies, Nasdaq has transformed into a truly global technology company, with roots firmly in capital markets, and has doubled staff with offices in over 50 countries.

“We were trying something that hadn’t been done before,” said Ed Knight, Nasdaq’s General Counsel, who also led Nasdaq’s legal and regulatory unit at the time. If you look back over 10 years and recognize that this was the last cross-border exchange transaction that was successfully completed. We were the last ones to do it. “

View the merger through our employees’ eyes in the video below:

Access more interviews from Nasdaq executives on the merger on our Youtube channel here.

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