NASDAQ Buys 25% of TOM

NASDAQ OMXGroup, Inc. (Nasdaq: NDAQ) today announced the acquisition of 25 percent of theDutch cash equity and equity derivatives trading venue TOM, The Order Machine.The agreement also includes an option for NASDAQ OMX to acquire an additional25.1 percent of the remaining shares and secure a majority stake in TOM.The transaction provides TOM global reach and scale and delivers on NASDAQOMX's strategy to expand its derivatives presence across the European market.The current owners will remain shareholders, and as co-owners BinckBanck willprovide order flow and Optiver and IMC will provide liquidity in the Dutchmarket. The fourth co-owner ABN AMRO will also connect to TOM.