Nasdaq OMX Shutters Neuro, Turns to Equiduct

"Over the last couple of years we have tried to establish a pan-European MTF and tried different strategies on this venture," says Hans-Ole Jochumsen, president of Nasdaq OMX Nordic, responsible for pan-European equity trading.

"We have not succeeded in creating sufficient volume in the market. It is within our company's nature to be prepared to invest in new activities and we have been prepared to take risks. If you take risks you need to be prepared to lose out," says Jochumsen.

According to

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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