NASDAQ, BATS Held U.S. Listings Split Talks

NASDAQ OMX was in discussions with BATS Global Markets to sell a share in its listings business of NASDAQ and the New York Stock Exchange.

NASDAQ OMX was in discussions with BATS Global Markets to sell a share in its listings business of NASDAQ and the New York Stock Exchange, Financial Times reports. The move was designed to overcome antitrust hurdles.

Nasdaq OMX partnered with IntercontinentalExchange to counter-bid for NYSE Euronext. NYSE Euronext had earlier agreed to a merger with Deutsche Börse.

Click here for the story from Financial Times.