Listings Milestone: Over $1 Trillion in Market Capitalization has transferred to Nasdaq .

This week’s addition of Workday to Nasdaq’s community of listed companies marks the 303rd company to transfer from NYSE to Nasdaq in recent years.

Listings Milestone: Over $1 Trillion in Market Capitalization has transferred to Nasdaq

By J.R. Mastroianni / Vice President, Listing Services

We continue to see significant momentum in companies who conclude that Nasdaq is an ideal long-term partner for all facets of publicly-traded company support. Finance and human resources software company Workday is the most recent listing to move from the New York Stock Exchange to Nasdaq. With a market cap of over $21 Billion, Workday marks the 303rd transfer to our market since 2005, pushing the total market cap of companies that have switched to Nasdaq to more than $1 Trillion dollars.

Nasdaq is the ideal partner of choice for industry leading companies that benefit from our superior market model, fair and competitive listing fee structure, unique visibility assets, market intelligence and targeting support. We also remain exceptionally focused on issuer advocacy for all public companies, including our initiative to revitalize the U.S. capital markets.

The increase in Nasdaq listings transfers including T-Mobile, CSX, Kraft Heinz, Marriott, Walgreens and many others is a signal of the growing momentum of publicly-traded sector leaders to our market, cited in a recent Forbes article by Angel Au-Yeung. We are also proud to list the top five largest companies in the world by market value. We are ideally aligned with companies based on their current needs in an exchange partner and what we can offer them through a listing partnership:

  • Global Corporate Services: Nasdaq is dedicated to providing corporate clients with successful access and interaction with the capital markets, accompanied by strategic C-suite solutions that provide market intelligence and board-level collaboration.
  • Market Model: Nasdaq powers the world’s markets. Our state-of-the-art market model is used in more than 100 exchanges worldwide.
  • Unmatched Visibility: Listed companies work closely with Nasdaq to leverage our unique visibility assets, including the Nasdaq MarketSite Tower, a seven-story LED tower that has been a fixture in Times Square since 1999.
  • Competitive Listing Fees: Nasdaq listed companies can benefit from a competitive listing fee structure.
  • Nasdaq-100 Inclusion Opportunity: The world’s preeminent large-cap growth index is home to the most innovative companies in the world, and the components are frequently referred to as “Modern Day Industrials”.

Since 2005, 303 listings have transferred to Nasdaq including Workday, CSX, TD Ameritrade, T-Mobile, American Airlines, Marriott, Walgreens, Kraft Heinz, and many others.

 Version 2 of the 1Trillion Infographic for Transfers to Nasdaq

To learn more about the specific advantages a Nasdaq listing could provide to your company, contact me at jr@nasdaq.com.
J.R. Mastroianni is Vice President, Listing Services at Nasdaq. In this role, Mr. Mastroianni oversees the advisement of companies that are currently publicly traded but not on our exchange on the benefits of becoming Nasdaq listed. During Mr. Mastroianni’s tenure he and his team have attracted many industry leading companies to transfer to Nasdaq including Marriott, Viacom, Hasbro, The Wendy’s Company, Kraft, and Analog Devices.
TAGS: Listings
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