Nasdaq completes acquisition of LeveL Markets

Nasdaq completed its acquisition of LeveL Markets, adding an off-exchange equity execution platform to support its always-on markets strategy. LeveL Markets ranked as the third-largest US alternative trading system by trading volume, with average daily volume rising 56% in 2025. The platform processes hundreds of millions of shares daily across more than 7,000 symbols, serving more than 2,500 clients. LeveL Markets will retain dedicated management within the Digital Liquidity Networks organization, with investment planned in its technology and capabilities. The acquisition builds on a minority stake acquired in August 2021 to establish a presence in off-exchange equities. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nasdaq Inc. published the original content used to generate this news brief via (Ref. ID: 202610150915PRIMZONEFULLFEED9846499) on October 15, 2026, and is solely responsible for the information contained therei