Brexit fallout is driving UK firms to Nasdaq's Nordic market

Stockholm

THE head of European listings at Nasdaq Inc says Britain's decision to leave the European Union is driving more UK companies to its Nordic market.

Nasdaq Nordic now expects up to 15 per cent of its initial public offerings and listings in 2018 could be made by companies outside the region. Most of the approaches it's getting are from UK companies, but there's also interest from firms in Ireland, Israel, Malta and Germany, according to Adam Kostyal, who's in- charge of Nasdaq's European listings.