Reports of Wanzhou's arrest – and China's demand for her release – led to falls of 2% in the Shanghai and Tokyo markets overnight and the sell-off spread to Europe, where all the main bourses saw losses in their main indices of more than 3%.
Stock markets fell throughout the year, with all major bourses down by at least 30% and some plummeting 50% or more.
Amsterdam is the first skirmish in what could become a price war between the LSE, Euronext and Deutsche Börse, Germany's stock exchange.Competition has become stiffer since all the big European bourses listed themselves in 2001 and started to be run as proper companies.
There are more companies on Nasdaq from Israel -- 91 -- than from any other country outside North America, and Nasdaq lists more Israeli companies than all other foreign bourses combined.
Other Asian bourses all rose but gains in Japan were capped by political uncertainty.
Speculation on consolidation saw all three European bourses soar on Monday.
Shanghai, Mumbai, Hong Kong and Seoul bourses all surged over 2% on Monday as U.S.bondholders, after an urgent meeting on Sunday, agreed to keep the troubled lender CIT Group from going under.
Despite all the problems in Latin America, bourses there have not suffered as badly as in Europe.
Bourses in Europe all bounced despite the overnight drop in shares on the Shanghai stock exchange, and Wall Street is also on course to open higher.
The widely tracked CBOE volatility index or "fear gauge" was at its highest level since 2 October and bourses in Australia, South Korea and Hong Kong all saw substantial falls of more than 1% in early trading.
