Boston Stock Exchange
Boston Stock Exchange | |
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Type | Stock exchange |
Location | Boston, Massachusetts, United States |
Founded | 1834 |
Owner | NASDAQ OMX Group |
Currency | United States dollar |
The Boston Stock Exchange (now NASDAQ OMX BX, formerly BSE) is a regional stock exchange located in Boston, Massachusetts. The third-oldest stock exchange in the United States, it was founded in 1834. On October 2, 2007, NASDAQ agreed to acquire BSE for $61 million.[1]
History
The Boston Stock Exchange was founded in 1834.
In 2002, the BSE co-founded with the Montreal Exchange (MX), a derivatives exchange and Interactive Brokers, a discount brokerage, the Boston Options Exchange (BOX), an automated equity options exchange.[2]
In 2007, controlling interest in the BOX was sold to MX by BSE and IB.[3]
In 2007, NASDAQ acquired the BSE.
References
- ↑ "Nasdaq to Acquire Boston Stock Exchange". The Wall Street Journal. October 3, 2007.
- ↑ http://www.bostonoptions.com/pdf/BOX-2008%20Press%20Release-MoT%20Fees-6-08.pdf
- ↑ "Montreal Exchange to increase stake in Boston Options Exchange". The Star (Toronto). October 2, 2007.
External links
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Coordinates: 42°21′20.10″N 71°3′27.54″W / 42.3555833°N 71.0576500°W