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chemist72

11/21/18 9:49 AM

#7798 RE: paideia #7797

Good question paideia.

The link below provides some info that compares listing questions for NYSE versus NASDAQ.

https://www.thesecuritiesedge.com/2012/07/where-to-list-nyse-or-nasdaq/

The answer to your question is in this paragraph:

Cost of Listing. If your only concern is cost, then Nasdaq is probably the exchange for you. Nasdaq has three market tiers each with increasing minimum requirements (and theoretically prestige): Global Select Market, Global Market, and the Capital Market. While there is a range of fees, listing 75 million shares on the Global Select Market or the Global Market will run your company $225,000 for the initial listing fee and an additional $68,500 annually to continue the listing. Listing the same number of shares on Nasdaq’s Capital Market will cost $80,000 for the initial listing fee and an additional $27,500 annually. For the same listing on the NYSE the initial listing fee would be $300,000 with an additional $69,750 due annually.

P.S. Note the figures in this article are probably outdated as this was published in 2012. But at least it gives you an idea of the costs back then.

Here's a more recent price comparison from 2017:

https://www.businessinsider.com/heres-the-difference-between-the-nasdaq-and-nyse-2017-7