BioCentury
ARTICLE | Finance

EASDAQ's launch

September 30, 1996 7:00 AM UTC

One can sympathize with growth-oriented European companies that want a territorial market in which to sell their shares. But as EASDAQ - the European Association of Securities Dealers Automated Quotation - opens for business today, the question remains as to who will provide investors with the liquidity. Are European investors prepared to increase their equity exposure by creating a regional market for high-growth (read: high-risk) companies, or will the shares end up in the hands of buyers who already frequent NASDAQ (read: U.S. investors)?

Ebb & Flow polled the some of the players for an answer to this question...