Scheduled to launch in September, the new market aims to cater for high-speed, high-volume trading in around 300 of the most liquid European blue-chip shares, using the same underlying Inet platform on which Nasdaq runs its main US stock market.
As is the case with rival pan-European MTFs Chi-X and Turquoise, the market will not charge for its data at launch, and will continue this policy "until further notice," says Peter Belling, deputy head of European transaction services at Nasdaq OMX.
Anthony and James look at developments pertaining to the Consolidated Audit Trail and wonder if big-tech companies could challenge traditional asset managers.Subscribe to Weekly Wrap emails
- Bloomberg’s Chat Gambit: The Feint Before a Knockout?
- In Capital Markets, Blockchain's Evolution Has Left the Bitcoin Model Behind
- Waters Wavelength Podcast Episode 96: CAT Concerns & Big Tech Takes Aim at Asset Managers
- WatersTechnology Innovation Summit Q&A: Elly Hardwick, Deutsche Bank
- House Approves Market Data Protection Act