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Tech firms will postpone IPOs: Nasdaq

English money

Technology start-ups looking to go public are likely to postpone their flotation until later this year as the market remains "tentative" amid volatility in asset prices, a top Nasdaq executive warned.



Citi Building Sign

Citi bucks the repo trend

Citigroup had one of its most profitable years in recent history in the repurchase-agreement market, the bank’s global head of fixed-income finance said, countering much of the industry grumbling that regulation is crushing this business.