Lime Brokerage buys stake in CBOE Stock Exchange

Tue Jan 8, 2008 5:16pm EST
 
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CHICAGO, Jan 8 (Reuters) - Electronic broker-dealer Lime Brokerage has bought a minority interest in the CBOE Stock Exchange, a subsidiary of the Chicago Board Options Exchange, CBOE and Lime announced on Tuesday.

Financial terms were not disclosed.

Launched in March 2007, the all-electronic CBSX offers trading in 2,900 listed securities, including the most actively traded in the New York Stock Exchange, American Stock Exchange, Nasdaq Stock Market as well as exchange traded funds.

Lime Brokerage, based in New York, caters to professional traders, hedge funds, asset managers and other broker-dealers who rely on its electronic access to send their orders to exchanges and other market centers. (Reporting by Doris Frankel; Editing by Leslie Adler)

 
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