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New York based alternative trading system raised $14m in Series A funding from Nasdaq Ventures, Goldman Sachs, BMO Financial Group, BofA, AllianceBernstein and MaC VC.
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"In practice, you need adoption to glean the benefit," said John Cosenza, head of Americas equities electronic trading at Goldman Sachs. "In concept it makes total sense, it's an elegant solution to a market problem."
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