Business Account Receivables to Trade on New Exchange

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Business Account Receivables to Trade on New Exchange

An online market place for trading account receivables of small- and mid-size businesses could open for trading in the third quarter, the firm’s co-founder and CEO tells insideARM. The Receivables Exchange will allow buyers and sellers of company receivables to trade in a real-time auction-style much like the Nasdaq market, said Justin A. Brownhill. In the U.S. today the trading o
 
Topic: Debt Purchasing