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The castle became the 1 designated securities market maker in New York Stock Exchange

The castle became the 1 designated securities market maker in New York Stock Exchange

This morning, Castle securities, one of the world's top circulation providers and makers, announced that it will acquire a controlling KCG "designated market maker (DMM) business. This will build castle securities as the largest footprint of the DMM and the NYSE, which is responsible for about 1500 of the issuance of the transaction.

The castle became the 1 designated securities market maker in New York Stock Exchange

Jameel Nazarali, executive director of service to join the castle, the president of the New York stock exchange Tom Farley's announcement.

"This acquisition is our aggressive expansion plans, we who rely on the part of our liquidity profound and excellent trading commitment to the implementation of institutional and individual investors," Jameel Nazarali, responsible for the implementation of the castle service said. We are constantly looking for innovative ways to improve the market for investors, we are very pleased to put our experience and technology, the New York Stock Exchange Platform NYSE listed company's interests."

Castle securities is one of the leading makers of American stock and stock options. Castle securities was founded in 2002, has passed to reduce transaction costs, improve transparency, and improve the quality of retail investors to implement long-term tracking records of the solution into the market.

Castle securities is a new generation of digital all over the table and a great addition to the New York Stock Exchange's mature and unique experience in the listing and trading of the leader, said Tom Farley, President of the NYSE group. Castle securities has brought tremendous energy, expertise and technology, will investors and New York Stock Exchange listed companies benefit."

The role of the digital universal meter is to monitor the problems of the portfolio and to maintain a fair and orderly market among these issues. Digital table in the promotion of price discovery, reduce volatility and ensure the mobility of the important role.

The transaction is expected in the second quarter of this year to further improve the status of Castle securities as the world's leading provider of liquidity.

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