Commentary

Robert Schuessler
Traders Magazine Online News

A Smarter Monkey

In this contributed piece, TIM noted that some traders do better than others when using data that has been run through certain analysis - that is, have used some form of machine learning to assist them.

Traders Poll

In his first public speech, SEC Chair Jay Clayton deviated from his prepared remarks and offered his own "off the cuff" comments on market issues. Do you like this change of pace?




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April 30, 1998

Nasdaq Eyes Opportunity in Germany

By Staff Reports

German consumers are next in a campaign to stimulate awareness of Nasdaq among European investors.

Most recently, Nasdaq concluded a $10 million television advertising campaign in London aimed at encouraging British investors to snap up shares of Nasdaq-listed stocks.

More television advertising in London is planned. As part of the same effort, Nasdaq is launching a web site that has been custom-designed for the British investor.

The site will provide Nasdaq share prices, as well as share prices from other major U.S. exchanges, delayed 20 minutes, London Stock Exchange share prices delayed 20 minutes and business and equity-market news.

Nasdaq said France and Switzerland will be targeted later, but first it will develop a strategy for the German market. At press time, Nasdaq did not release full details.

Some equity-trading pros, however, think Nasdaq's attempts to penetrate the European mainland market will be tougher than attempts in the U.K. Mainland Europeans do not have a mature equity culture. Only six percent of Germans are estimated to own shares, directly or indirectly, through mutual funds, compared with 25 percent of British investors and 43 percent of their Americans cousins.

Nasdaq is undeterred, however. John Wall, president of Nasdaq International, said investor interest in Nasdaq "increased very significantly" since the television campaign in London was launched.