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.
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High-speed trader GTS to create online market for pre-IPO shares
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“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.
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