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New exchange eyes rewards from trading loyalty points

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Published Wed, Feb 1, 2017 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

New York

THOSE loyalty points are worth more than you think.

Later this year, institutional investors will be able to create and trade securities based on reward programmes offered by airlines, banks, phone companies, shops and hotels, potentially turbocharging a market worth nearly half a trillion dollars.

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