LSE beats Nasdaq OMX to Nordic exchange contract

Nasdaq OMX, the transatlantic exchange group, has lost its contract to supply trading technology to Norway's stock market to the London Stock Exchange, dealing a blow to its ambitions to build a single market for Nordic securities.

Oslo Børs said it will switch from its current OMX-built system to the LSE's platform, TradElect, by 2010, as part of a broader strategic partnership with the LSE.

WSJ Logo
Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is ReachedExternal link

Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is Reached