Who's better: NYSE or NASDAQ?

In the struggle between NYSE and NASDAQ for tech listings, everything is a prelude to one company:FacebookGroupon and Zynga, both choosing NASDAQ, are doubtless important, as were LinkedIn andPandora, which chose NYSE. At the end of the day, however, the choice made by Facebook will define the leader in the tech space.

Back in the late 1990s, NASDAQ was the leader in tech, a situation I remember from my own experiences back then. Nonetheless, NYSE has come on strong in recent years, edging into more than 50 per cent of the tech market earlier this year, according to FT. The recent surge by NASDAQ, however, is too significant to be ignored.

Both exchanges are offering a wide array of free services, but for some, price really is the determinant. Angie’s List, for example, isn’t large enough to trade on NYSE, which probably means the $99,500 (at most) listing fee for NASDAQ is more palatable than the $500,000 that listing on NYSE can cost. While there can be benefits to the latter, for some smaller companies, it just isn’t an option.

Click here for FREE email alerts from Inside IPO >>

Source: FT

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.