Nazdak buys Level Markets and plans a 24-hour deal

NASDAQ reached an agreement on 11 August to acquire all the shares of Level Markets LLC, with the aim of integrating them into a broader strategy to promote longer trading times, monetized securities and digital market infrastructure. NASDAQ plans to launch a new 24-hour trading arrangement on 6 December 2026, with Level Markets, the third largest alternative trading system in the United States, processing hundreds of millions of shares per day, covering over 2,500 buyers and seller clients. The transaction still requires regular closure conditions and regulatory authorization。