Nasdaq Chief: U.S. Can't Curb Bank Trading

* username: rupertbu

..........He continued to play down concerns that Borse Dubai could sell its 28% stake in Nasdaq OMX. He said board members of Borse Dubai "have communicated to us in no uncertain terms that they're long-term holders of their position in Nasdaq OMX."

Borse Dubai holds the emirate's positions in Nasdaq Dubai and the Dubai Financial Market Co., which are expected to merge after DFM moved to buy Nasdaq Dubai for $121 million in late December. The transaction left Nasdaq OMX with a 1% stake in DFM and an $82 non-cash impairment charge. Debt-laden Dubai has been hit hard by the global financial crisis...............