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Nasdaq Announces Definitive Agreement to Acquire LeveL Markets, Advancing Nasdaq’s Always-On Markets Strategy

$NDAQPress releaseAug 11, 2026, 9:00 AM ETRead the release

Nasdaq signed a definitive agreement to acquire LeveL Markets, a top-tier U.S. Alternative Trading System, to advance its strategy for always-on markets. LeveL Markets currently ranks as the third-largest ATS in the U.S. by volume, executing over 7,000 symbols daily with 56% year-over-year volume growth in 2025.

Key figures

Clients
2,500+
Ats rank
3rd largest ATS in U.S.
Symbols daily
7,000+
Yoy volume growth 2025
56%

AI analysis

Red flags1 · Pro

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.