Markit IPO hands Nasdaq welcome win

US exchange secures high-profile tech listing of London-based financial data provider

Financial data provider Markit has chosen Nasdaq for its initial public offering, a high-profile win for the bourse which last year lost its crown for technology listings to rival New York Stock Exchange.

UK-based Markit, which is expected to raise up to $750 million with its IPO, revealed its decision to opt for Nasdaq in SEC filings last night.

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