Global Select Market
The initial financial and liquidity requirements for the Nasdaq Global Select Market are more stringent than those for the Nasdaq Global Market and likewise, the initial listing requirements for the Nasdaq Global Market are more stringent than those for the Nasdaq Capital Market.
Corporate governance requirements are the same across all three Nasdaq market tiers. It is important to note that even though a company’s securities meet all enumerated criteria for initial inclusion, Nasdaq may deny initial listing, or apply additional conditions if necessary, to protect investors and the public interest.
Nasdaq Global Select Market has the highest initial listing standards of any of the world’s stock markets. Companies listed on the Global Select Market must meet financial and liquidity requirements, and satisfy corporate governance and disclosure requirements on both an initial and continuing basis.