ASBEX Group Plans To Build Automated Stock Exchange
THIS WEEK'S LEAD STORIES
A group of entrepreneurs are seeking to create a new brokers association to oversee trading in stock of growing companies through an automated stock exchange. The plan, if it goes ahead, could bring the proposed American Association of Securities Dealers (AASD) into conflict with the National Association of Securities Dealers.
Meanwhile, the NASD may be contemplating a venture capital exchange of its own. Sources say the NASD has received a proposal from a group of Seattle-based business
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