Reported about 1 month ago
CBOE Global Markets is teaming up with London-based tech firm Globacap to establish a new trading platform for shares of private companies, targeting the illiquid market that has seen growing investor interest. Registered with FINRA, CBOE Private Markets aims to facilitate access to closely held companies during a period of limited initial public offerings. The platform is currently in the pilot stage and has secured funding from investors, including a $21 million investment from CBOE.
Source: YAHOO