Nasdaq considerslisting in London

US stock exchange Nasdaq is preparing to list in London should its bid for the London Stock Exchange (LSE) succeed, according to a report yesterday.

Nasdaq plans a dual listing in London and New York, partly to satisfy critics in Britain who fear the takeover would diminish the City’s role, the Sunday Telegraph has reported.

One source told the paper that Nasdaq may go one step further and move its main headquarters to London if the regulatory climate in the US were to become less attractive.