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NYSE Euronext to buy Nyfix at 95% premium

NYSE Euronext announced it has agreed to acquire trading technology subsidiary Nyfix for $144m (€101m), bolstering its efforts to improve its trading operations.

The price tag, which includes preferred stock, comes as operations such as the New York Stock Exchange and Nasdaq OMX Group try to stem market share losses to upstarts such as Bats and Direct Edge.

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