Nasdaq admits European mistake

Nasdaq has admitted it was premature in trying to develop a pan-European equity market through Nasdaq Europe.

"Interest wasn't sufficient and market conditions weren't supportive. So Nasdaq Europe reorganised its approach and shifted to an in-country strategy, starting with Nasdaq Deutschland," the US stock exchange said in its latest annual report.

WSJ Logo
Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire