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Boston Stock Exchange

Boston Stock Exchange
Type Stock exchange
Location Boston, Massachusetts, United States
Founded 1834 (1834)
Owner NASDAQ OMX Group
Currency United States dollar

The Boston Stock Exchange (now NASDAQ OMX BX, formerly BSE) is a regional stock exchange located in Boston, Massachusetts. The third-oldest stock exchange in the United States, it was founded in 1834. On October 2, 2007, NASDAQ agreed to acquire BSE for $61 million.[1]

History

The Boston Stock Exchange was founded in 1834.

In 2002, the BSE co-founded with the Montreal Exchange (MX), a derivatives exchange and Interactive Brokers, a discount brokerage, the Boston Options Exchange (BOX), an automated equity options exchange.[2]

In 2007, controlling interest in the BOX was sold to MX by BSE and IB.[3]

In 2007, NASDAQ acquired the BSE.

References

  1. ^ "Nasdaq to Acquire Boston Stock Exchange". The Wall Street Journal. October 3, 2007. 
  2. ^ http://www.bostonoptions.com/pdf/BOX-2008%20Press%20Release-MoT%20Fees-6-08.pdf
  3. ^ "Montreal Exchange to increase stake in Boston Options Exchange". The Star (Toronto). October 2, 2007. 

External links

  • Official website

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