Nikolaj Kosakewitsch

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Nasdaq acquires LeveL Markets, adding a top U.S. off-exchange trading venue

Took over the European role as Chai moved to Digital Liquidity Networks

Nasdaq agreed on Aug. 11, 2026, to buy LeveL Markets, the third-largest alternative trading system in the United States. The deal closed Oct. 15, putting a venue that trades hundreds of millions of shares a day inside an exchange company.

Updated 1 hour ago