Deutsche Börse, NASDAQ agree ISE deal

Deutsche Börse AG and NASDAQ have struck an agreement regarding the US$1.1 billion sale of International Securities Exchange Holdings, operator of three US equity options exchanges, and the ISE holding company US Exchange Holdings.

Bats Global Markets and Digital Asset Holdings will continue to be owned by Deutsche Börse.

Completion of the transaction is subject to the approval of competition and supervisory authorities and is expected to take place in the second half of this year.