Nasdaq fast tracks large companies into flagship index
Nasdaq will allow newly listed firms to join the Nasdaq-100 after 15 trading days. The move aims to attract mega-cap startups and reduce long waiting periods.
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Nasdaq, Inc. is set to implement a new series of rules designed to accelerate the inclusion of large-cap companies into its flagship Nasdaq-100 index. The exchange operator is moving to reduce the waiting period for newly public firms as high-profile technology entities prepare for potential market debuts in the United States.
