Nasdaq expands to new London office

Nasdaq OMX is moving to larger premises in London following its acquisition of assets from ThomsonReuters last year.

The group now has some 150 staff in London, following the acquisition of ThomsonReuters’ Investor Relations, Public Relations and Multimedia Solutions businesses, and eSpeed, as well as following the launch of the NLX derivatives market – which facilitates trading of interest rate derivatives.

NLX has taken a moving average market share in Euribor of about 10%, Nasdaq OMX said. Some 65% of equities and half of derivatives volumnes on the Nasdaq OMX Nordic markets originate in the City of London, the firm said.

Its Global Technology Solutions business has more than 310 customers in London, using Corporate Solutions and Market Technology products, such as market surveillance, risk and governance tools, investor services and multimedia solutions.

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