Easdaq Makes a Comeback as Equiduct
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.
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