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.

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Aviva Takeover of Direct Line Gets Green Light From U.K. Antitrust WatchdogExternal link

Aviva Takeover of Direct Line Gets Green Light From U.K. Antitrust Watchdog