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PureStream Trading raises $14m in Series A funding

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.

"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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trading, capital markets, blocks