Nasdaq to Acquire LeveL Markets

August 21, 2026

Nasdaq has entered into a definitive agreement to acquire LeveL Markets, an alternative trading system (ATS) platform and institutional execution venue. The deal is intended to strengthen Nasdaq’s ability to deliver institutional-grade liquidity solutions and support its “always-on” digital liquidity strategy via its newly formed Digital Liquidity Networks organization.

Buyers
Nasdaq
Targets
LeveL Markets
Location
Massachusetts, United States
Transaction Type
Buyout

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