News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Nasdaq lures high-speed traders in new Nordic strategy

One new member, Hudson River Trading, has become one of the largest participants on Nasdaq's Nordic exchanges

Nasdaq’s bid to boost the number of high-speed firms trading directly on its Nordic markets is paying off, with several firms signing up as members in recent months and one of those becoming the second-largest participant on its Swedish market.

The moves follow Nasdaq's decision in April to allow any firm the ability to trade anonymously on its Nordic markets, helping to prevent information leakage on orders and aligning the markets with most other major exchanges.

WSJ Logo