Nasdaq strengthens commitment to Asia

Contrary to conflicting reports, Nasdaq has strengthened its commitment to China and the region at large by appointing Stuart Patterson to a new position as senior managing director, head of Asia-Pacific. To be based in New York, Paterson will be reviewing the scale of Nasdaq's China operations and will be searching for a China director to fill the void left by Harry Huang. In the new position, Patterson will also assume responsibility for Nasdaq's regional client directors who pro…