Search results for NMS
Finance
Nasdaq to buy remaining stake in Level Markets as it pursues 24-hour markets
Nasdaq has reached a final agreement to buy the remaining stake in Level Markets, the United States’ third-largest alternative trading system operator. Fintech Futures reported the acquisition is part of Nasdaq’s strategy to build always-on global market infrastructure. The closing date and purchase price were not disclosed. Level Markets runs an anonymous dark pool for institutional block trades. Nasdaq has also sought to extend trading hours for NMS stocks and ETPs to 23 hours a day, with implementation planned for early in the third quarter of 2026.
AI & Enterprise
Microsoft says ChatGPT power use per query may be up to 20 times lower than estimates
Microsoft released an analysis saying the electricity used to send one question to a large language model can be far lower than widely cited figures. Assuming a 300-token response, it put the median at 0.31 watt-hours, with the middle 50 percent ranging from 0.16 to 0.60 watt-hours. It said earlier estimates may have overstated usage by 4 to 20 times by not reflecting batch processing and real-world GPU utilisation.
Games & Commerce
Office 2019 for Mac to lose editing and saving from July 2026
Some users of Microsoft Office 2019 for Mac are expected to lose the ability to edit and save documents from next year. Microsoft has said that from July 13, 2026, Office apps in some macOS and iOS environments could switch to Reduced Functionality Mode, allowing files to be opened but not edited or saved. The change is linked to the expiry of a digital certificate used for licence verification and operating system support requirements.
