• 18 Jan 2013 at 1:24 PM

Nasdaq To Merge Two Businesses That Probably Shouldn’t Have Been Two Business To Begin With

By Jon Shazar

Its dreamed-for high-frequency trading empire in ruins, Nasdaq is turning elsewhere.

The exchange plans to create a new software unit that combines its market technology and issuer-services businesses, putting chief information officer Anna Ewing in charge. Nasdaq things the new arrangement will earn it an extra $500 million a year in revenue.

Plus, you know, it just makes sense.

“We have two software businesses and they should be together and have a comprehensive, strategic rationale,” Nasdaq OMX Chief Executive Robert Greifeld said in an interview.

Nasdaq Seeks to Expand in Software [WSJ]

Comments (18)

  1. 1
    Posted by R. Greifeld | January 18, 2013 at 1:37 PM

    Anna, don't Shazar this new business, ok?

  2. 2
    Posted by guest | January 18, 2013 at 2:02 PM

    NASDAQ things????

  3. 3
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  4. 4
    Posted by DingALing | January 18, 2013 at 2:06 PM

    God damnit Shazar. "Nasdaq things" ? Really? How was it working at fucking Yahoo! news? Take a walk, clear your head, get some shake shack, and learn-to-fucking-type.

  5. 5
    Posted by Quikding | January 18, 2013 at 2:37 PM

    NASDAQ, national association of securities dealers automated quotation
    put acronyms in caps you fucktard

  6. 6
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    Wordcount without a grammar error:

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    Shazar's – 300

  7. 7
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  10. 10
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