Incumbent European securities markets will soon face a new
challenger, Brussels-based Equiduct, which has emerged in hopes of
capitalizing on the Markets in Financial Instruments Directive
(MiFID).
Equiduct is based on the technology of Easdaq, an electronic
trading platform that closed in mid-2003 after the Nasdaq Stock
Market, which had bought a controlling stake, stopped funding it.
Equiduct bills itself as a true pan-European exchange-one that
offers a single point of connectivity to all markets, rather than
linkages to the various exchanges. |
