Nasdaq OMX has taken a 20% stake in the Agora-X OTC commodities exchange, marking Nasdaq’s foray into the commodities sector.
Nasdaq, which invested $7.5m in Agora-X, an FC Stone subsidiary, will also provide OM Condico platform for the market. Agora-X CEO, Brent Weisenborn, told FO Week that the Nasdaq equity stake provides a number of benefits to...