What is the EASDAQ?

The EASDAQ [European Association of Securities Dealers Automatic Quotation System] was founded in 1996 to be a European equivalent of the enormously successful American stock market NASDAQ. The EASDAQ proved to be a failure independently, and was subsequently acquired by NASDAQ in 2001 and renamed NASDAQ Europe. The soon thereafter burst of the dot-com bubble caused severe strain on the latter operation, which resulted in it having to cease its operations entirely. A few years later in 2007, the company was restructured and re-launched as Equiduct. It currently operates as Börse Berlin.