Nasdaq lands ISE in CBOE options leapfrog

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Nasdaq lands ISE in CBOE options leapfrog

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Nasdaq this week agreed to buy International Securities Exchange (ISE) from Deutsche Boerse in a transaction valued at $1.1bn in cash and debt, a move that will give it a dominant position in the options market. It also adds another twist to the wider battle for hegemony in global derivatives exchange and clearing.

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