NASDAQ OMX Group obtains DOJ clearance for acquisition of eSpeed trading platform

Client(s) NASDAQ OMX Group, Inc., The

Jones Day assisted The NASDAQ OMX Group, Inc. in securing antitrust clearance from the U.S. Department of Justice, without the issuance of a Second Request, in its acquisition of the eSpeed trading platform from U.S. financial brokerage firm BGC Partners, Inc. in a cash-and-stock deal valued at up to $1.2 billion. The acquisition provides NASDAQ the ability to diversify its product offerings and the opportunity to expand the eSpeed platform, providing customers access to a larger array of monetary instruments.