Nasdaq executive eyes link with pan-European exchange

Nasdaq international president, Mr John Wall, said yesterday he wanted his US-based electronic exchange to enter into partnership with a possible future pan-European electronic stock exchange.

"Would we like to see a pan-European electronic market created and linked to the Nasdaq market? Yes, that goes to the very roots of the Nasdaq stock market. We would like to be able to have the US investor participate with the European investor," he told a news briefing.

"The same elements that are driving changes in our market are driving changes here. As you know we announced that we are in preliminary talks with Deutsche Boerse and we are looking at many ways of co-operating and many other joint efforts that we can see.