SecondMarket

SecondMarket is the largest centralized marketplace and auction platform for illiquid assets, such as asset-backed securities, auction-rate securities, bankruptcy claims, collateralized debt obligations, limited partnership interests, private company stock, residential and commercial mortgage-backed securities, restricted securities and block trades in public companies, and whole loans. SecondMarket's online auction platform has more than 10,000 participants, including global financial institutions, hedge funds, private equity firms, mutual funds, corporations, and other institutional and accredited investors that collectively manage more than $1 trillion in assets available for investment.