Nasdaq teams up with banks to create separate market for pre-IPO stocks

  • 7/20/2021
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July 20 (Reuters) - Nasdaq Inc said on Tuesday it was teaming up with banks such as SVB Financial Group, Citigroup Inc, Goldman Sachs Group Inc and Morgan Stanley to create a separate trading venue for stocks of private companies. (Reporting by Sohini Podder; Editing by Aditya Soni) Our Standards: The Thomson Reuters Trust Principles.

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