A Silicon Valley challenger to the NYSE and Nasdaq has been test-driving its alternative stock exchange since Monday, but companies may not list there until 2021

Business Insider

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· The Long-Term Stock Exchange, an attempt to create an alternative to the NYSE, NASDAQ, and other exchanges, said Friday it had recruited a board of directors and begun tests of its trading platform.
· The 10 directors include Amy Hong of Goldman Sachs, Erica Williams of Kirkland & Ellis, and former SEC enforcer Kathleen...

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