What are the advantages to listing on the NASDAQ vs. NYSE?

Car: What are the advantages to listing on the NASDAQ vs. NYSE?
If I were a private company going public what are the advantages to listing on a particular exchange? How would I determine which is best for my company?

Answers and Views:

Answer by The_Mystic
As far as I’ve seen, the only major difference would be how many letters are used in the stock symbol. The NYSE uses up to 3 letters, and the NASDAQ uses 4. For better advice, I suggest contacting these exchanges with your question.

Answer by Yardbird
NYSE is for larger and more reputable companies. There’s more prestige for the NYSE. NASDAQ is for smaller, riskier tech companies. That’s changed to some extent, because some of the “small” tech companies have become huge, like Cisco and Intel, and very stable.

But the capitalization etc. requirements and fees for listing on the NYSE are still much stricter than NASDAQ, so NASDAQ remains more attractive for smaller companies.

Answer by dredude52
Listing on the NYSE (Big Board) is the most desired listing in the world. Few companies can meet the standards (see NYSE lising standards in Sources below) Listing on the Big Board means the company has been in business for a number of years and is established. The business has minimum earnings of $ 10 million over the last three years, a minimum market value of $ 100 million, and revenues of $ 75 million for the current year.

The advantage is by meeting the stringent standards of the NYSE, the listed company gets greater exposure, and investors feel safer knowing the high standard of their investment.

NASDAQ has the lowest standards, and the AMEX is somewhere in between. NASDAQ companies come and go, while the NYSE companies have proven they are here to stay.