Nasdaq Private Market Launches Next-Generation, Electronic Secondary Liquidity Platform SecondMarket™ [Yahoo! Finance]
Nasdaq, Inc. (NDAQ)
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Source: Yahoo! Finance
New Marketplace Delivers Best-in-Class Private Market Data and Efficient Execution for a Flat 1% Fee NEW YORK and SAN FRANCISCO, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Nasdaq Private Market (NPM) , a leading provider of secondary liquidity solutions, announced today it has launched the most significant new product in the 10-year history of its company: the next-generation NPM SecondMarket™ platform. SecondMarket is the first platform to offer this breadth of combined services across each segment of the private market ecosystem including private companies, employees, investors, and intermediaries. In designing the new SecondMarket, NPM drew upon a decade of experience from facilitating over $55 billion in volume for nearly 200,000 eligible private company employees and investors. It features custom tools and data for the most sophisticated CFO or professional investor, while at the same time delivering intuitive technology that simplifies the process of selling private shares for million
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