Nasdaq launches SuperMontage, its new trading and stock quoting system, over the next week, knowing that the system's success or failure will be integral to the company's near- and medium-term future. Nasdaq Europe rolls out this week and will be up and running in the US on October 14.

Charlotte Chambers, equity analyst at US brokerage Jeffries & Coross, which started coverage of Nasdaq last week, says: "Nasdaq expects October's launch of SuperMontage to catapult its market share and technological appeal ahead of rival electronic communication networks (ECNs). Success is critical and creates upside potential for shares to $16 (€15.6).