Boston Stock Exchange

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Boston Stock Exchange
TypeStock exchange
LocationBoston, Massachusetts, United States
Founded1834 (1834)
OwnerNASDAQ OMX Group
CurrencyUnited States dollar

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

History[edit]

The Boston Stock Exchange was founded in 1834.

In 2002, the BSE co-founded the Boston Options Exchange (BOX), an automated equity options exchange, with partners the Montreal Exchange (MX), a derivatives exchange, and Interactive Brokers, a discount brokerage.[2] In 2007, controlling interest in the Boston Options Exchange was sold to Montreal Exchange by BSE and Interactive Brokers.[3]

In 2007, NASDAQ acquired the BSE.

See also[edit]

References[edit]

  1. ^ "Nasdaq to Acquire Boston Stock Exchange". The Wall Street Journal. October 3, 2007.
  2. ^ "Archived copy" (PDF). Archived from the original (PDF) on 2010-09-18. Retrieved 2011-06-02.CS1 maint: archived copy as title (link)
  3. ^ "Montreal Exchange to increase stake in Boston Options Exchange". The Star. Toronto. October 2, 2007.

External links[edit]

Coordinates: 42°21′20.10″N 71°3′27.54″W / 42.3555833°N 71.0576500°W / 42.3555833; -71.0576500