Nasdaq’s head of European listings hopes its Nordic markets will make a suitable home for companies that once would have viewed London as their prime listing location, but now might look elsewhere because of Brexit.

“The last thing you want with an IPO is uncertainty,” said Adam Kostyál, senior vice president of listings services at Nasdaq in Europe, during an early February visit to London. “If there’s uncertainty here and entrepreneurs are not necessarily based in the UK but have traditionally been looking at the UK market as an [IPO destination], they might feel comfortable to start looking at our market, and that’s really where we want to get them.”