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NDAQ » Topics » The Portal Alliance

This excerpt taken from the NDAQ 8-K filed Feb 20, 2008.

The Portal Alliance

On November 12, 2007, we and a group of leading securities firms announced our intention to form The Portal Alliance, an industry-standard facility designated to serve the market for 144A equity securities. The Portal Alliance will work with third-party service providers to create an open, industry-standard facility for the private offering, trading, shareholder tracking and settlement of unregistered equity securities sold to qualified institutional buyers.

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