Companies Choose NASDAQ NYSE listed companies are transferring to and listing their spin-offs on NASDAQ.
Current Dealer Market vs. Auction Market
Dealer Market is the Market of the Future Most stock exchanges have eliminated trading floors. The remaining floor-based exchanges are building electronic networks to trade.
Superior Performing Market Based on SEC DefinitionNASDAQ outperforms auction based exchanges on independent SEC mandated Order Execution Rule (605) measures, which compares execution quality among market centers using uniform statistics.
NASDAQ Provides Greater Market Depth NASDAQ’s competitive market structure produces greater liquidity and offers a broad reaching platform for issuers to convey their message.
NASDAQ Companies Have Higher Valuations - Across All Size Ranges and All Sectors
NASDAQ Stocks Have Higher Valuations NASDAQ Companies sustain higher P/Es, on-average, than NYSE companies with like-kind 2-year forecasted growth rates.
Institutional Investors are Moving Their Trades Away from the Floor Towards Electronic Markets The percentage of trades occurring on the NYSE is continually decreasing as institutional investors take advantage of NASDAQ’s superior platform to receive more efficient, higher quality executions with lower spreads.
Institutional Investors are Wary of NYSE Hybrid Model For 35 years NASDAQ has brought leadership and innovation to the markets, today our electronic market model is emulated around the world.
The Hybrid Market allows the Specialist to Remain in a Privileged Position
Power to view incoming orders before the public
Only person to have access to reserve, discretionary and hidden orders