This spring, the National Association of Securities Dealers' (NASD) trading system for private placements, Portal, introduced electronic trading to the previously cosy, $165 billion private placement market (TST, June 18). The American Stock Exchange responded with a proposal for a rival system, while the New York Stock Exchange is believed to be considering the same.
Each had its eyes on the potential of the previously hidden private placement market. But all along, Private Placement Inform
Anthony and James delve into how the systematic internalizer regime is shaping up, and then examine the regtech sector.Subscribe to Weekly Wrap emails