The first quote swap between equities markets in the U.S. and the Pacific Basin is scheduled to begin by the end of the year. NASDAQ plans to swap closing market data on a small group of stocks with SESDAQ -- the Stock Exchange of Singapore Dealing and Automated Quotation system.
SESDAQ is Singapore's attempt to create a dealer market off the trading floor of its stock exchange, and the NASDAQ link is intended to increase its attractiveness to potential market makers. NASD president Gordon Ma
Bill Murphy, CTO of Blackstone, once again joins the podcast to discuss the private equity firm's new offices, designed to house its innovations team.Subscribe to Weekly Wrap emails