Filed under Now why didn't I think of that!Now that's a business model... Liquidnet--'Napster for stocks'New York Times Meet what one money manager calls "Napster for stocks." Like Napster, which shook up the music industry with its file-sharing network, Liquidnet has pioneered an electronic marketplace that allows institutional investors to trade large blocks of stock anonymously. In a sign of how valuable such electronic trading power is, Liquidnet, which began operations in 2001, has just completed a financing deal that values the privately held company at $1.8 billion, according to a person close to the transaction login to post comments
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