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Nasdaq expects expanded markets to justify $10.5 bln Adenza merger price tag

Nasdaq's eye-popping $10.5 billion bet on the little known financial software company Adenza will help the exchange operator vastly expand the market for its products, from risk management and regulatory software to anti-financial crime technology. ....

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UK regulator makes 'final call' to switch off Libor

Markets participants have a month to stop using Libor, the tarnished interest rate banks were fined for trying to rig, Britain's Financial Conduct Authority (FCA) said on Wednesday. ....

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