Nasdaq, Dubai, OMX in Global Tieup

A far-reaching deal involving Sweden's OMX Group as well as the London Stock Exchange alters the dynamics in financial markets

The Nasdaq Stock Market (NDAQ) and Borse Dubai ended their protracted fight over Sweden's OMX Group (OMX.ST) on Sept. 20 by agreeing to join forces not just on an OMX bid but also in a far-reaching deal that could have broad implications for the fast-growing and rapidly consolidating universe of financial exchanges.

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