Nasdaq seals Inet growth plan

Nasdaq has completed is acquisition of Instinet, the electronic broker, and expects to move to the Inet trading platform within a year. The deal was announced eight months ago.

Nasdaq acquired Instinet Group from Reuters and sold the institutional broker division to Silver Lake Partners, the private equity firm while retaining the Inet electronic crossing network.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink