NASDAQ, the world’s second largest stock exchange, has lost its chief financial officer amid talk it could become the latest bourse to merge in a flurry of activity worldwide.
Adena Friedman, who will leave the company effective 4 March, is departing to join private equity firm Carlyle Group in a similar role.
The departure comes as Nasdaq might need her dealmaking skills as exchange rivals pair up in a merger frenzy.
The exchange’s senior vice president Ronald Hassen will serve as interim chief financial officer until a replacement is found.
Meanwhile, the Chicago Mercantile Exchange played down speculation it was poised to launch a counter bid for the New York Stock Exchange, in a development that could have thrown a cross-border deal with Deutsche Boerse into doubt.
The bourse said: “We remain committed to creating shareholder value.”