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Short Take: Software firms rely on Nasdaq

Global financial markets are key to the software industry, and Nasdaq is pursuing links with overseas stock exchanges, particularly Frankfurt, to make it easier for foreign investors to buy U.S. equities, Nasdaq president Alfred Berkeley III told the Software Publishers Association. Outlining initiatives to boost electronic trading, he said 92 percent of U.S. software companies are listed on the Nasdaq.

Global financial markets are key to the software industry, and Nasdaq is pursuing links with overseas stock exchanges, particularly Frankfurt, to make it easier for foreign investors to buy U.S. equities, Nasdaq president Alfred Berkeley III told the Software Publishers Association. Outlining initiatives to boost electronic trading, he said 92 percent of U.S. software companies are listed on the Nasdaq.