GTS, along with Paul Tudor Jones, announced they are launching ClearList. A key difference between ClearList and its rivals is that GTS plans to continually buy and sell shares on ClearList, much like it does on the NYSE, where GTS is a designated market maker.
“We really want to access some of the value and to be able to trade, without some of the daunting issues of going public,” Mr. Wygant said.