Monday, January 8, 2018

Equity Trader Alert #2018 - 2
Nasdaq Updates Display-Only Period Length for IPO Process

Category:

  • Listing

Markets Impacted:

Contact Information:

Resources:

Effective Monday, February 5, 2018, the Display-Only period for all Nasdaq IPO’s will shorten from 15 minutes to 10 minutes. As a reminder, the Display-Only period provides: pre-open quoting, indicative clearing price and imbalance information dissemination. As a reminder, the Display-Only period of 10 minutes is followed by a Pre-Launch Period, where the Lead Underwriter / Stabilization Agent, in coordination with Nasdaq, will determine when to open the security for trading.

For additional information on the Nasdaq IPO Process, please contact Jay Heller, ECM – Head of IPO Execution, at +1 212 401 8932


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Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: business.nasdaq.com.