Competition for share trading is showing signs of accelerating after transatlantic exchange Nasdaq OMX and US platform Bats Trading moved to challenge EuropeâÂÂs main stock markets by launching new systems.
The combined Nasdaq OMX, which was formed in February after the $4.4bn (â¬3bn) acquisition of the Nordic exchange group by the US electronic exchange, has signalled its determination to challenge Europeâs largest stock exchanges by filing with regulators to approve a new trading system it plans to launch in September.
