“NASDAQ OMX has a long history of pioneering capital markets solutions for companies and creating more efficient markets,” said SharesPost Founder, Greg Brogger. “Its dedication to that mission, and SharesPost’s best-in-class trading platform, will create a new kind of private market and will help NPM solve the critical challenges facing today’s private companies.”
NPM will launch later this year pending regulatory approvals, with Greg Brogger as President, and will be based in San Francisco. SharesPost’s broker dealer and RIA businesses will continue to operate separately from the joint venture.
ABOUT NASDAQ OMX GROUP
The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade – from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 26 markets including 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products.
Able to process more than 1 million messages per second at sub-55 microsecond average speeds with 99.99% uptime, our technology drives more than 70 marketplaces in 50 developed and emerging countries into the future, powering 1 in 10 of the world’s securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. Home to approximately 3,300 listed companies worth $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily.
Welcome to the NASDAQ OMX Century. To learn more,
visitwww.nasdaqomx.com. Follow us on Facebook (http://www.facebook.com/NASDAQ) and
Twitter (http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)
SharesPost is the market for today’s fast-growing private companies, their shareholders and qualified investors. SharesPost represents companies who wish to conduct managed liquidity programs and raise primary capital online; provides investors access to private companies through direct investments and managed funds; offers shareholders liquidity options; and empowers option holders to exercise their options.