Life Partners Holding Inc. begins trading on Nasdaq.Viatical vi·at·i·cal adj. 1. or vi·at·ic Of or relating to traveling, a road, or a way. 2. Of or relating to a contractual arrangement in which a business buys life insurance policies from terminally ill patients for a percentage and life settlement company Life Partners Holding Inc. has been approved for listing on the Nasdaq stock market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. , trading under the symbol LPHI LPHI Louisiana Public Health Institute LPHI Life Partners Holdings, Inc. LPHI Life Partners Holdings, Inc. (stock symbol) LPHI Laguna Properties Holdings, Inc. . Waco, Texas-based Life Partners Holdings, which had traded on the over-the-counter market over-the-counter market Trading in stocks and bonds that does not take place on stock exchanges. Such trading occurs most often in the U.S., where requirements for listing stocks on the exchanges are strict. since 2000, began trading on the Nasdaq Oct. 21. The listing will bring a broader notice to the company and widen the range of investors, Life Partners spokeswoman Dana Yarbrough said. Investors are brought in from around the world, although the company is involved in settlement purchases only in the United States, she said. |
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