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Nasdaq partners with banks to create a separate market for pre-IPO stocks Reuters

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© Reuters. File photo: The Nasdaq logo was displayed on the Nasdaq Market website in New York on September 2, 2015. REUTERS/Brendan McDermid/File Photo

(Reuters)-Nasdaq said on Tuesday that it is cooperating with banks such as SVB Financial Group. Citigroup Company (New York Stock Exchange:), Goldman Sachs Group Company (New York Stock Exchange:) and Morgan Stanley (New York Stock Exchange:) Create a separate trading venue for the stocks of private companies.

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