NYSE and Nasdaq Think Small
July 2nd, 2009
| Category: Economy
In an attempt to gain and hang onto new listings in this rough market, two major exchanges have made some concessions to the economy either temporarily lowering listing standards or offering services to tiny, private companies. NYSE Euronext ( NYX - news - people ) is lowering its standards for stocks that can trade on the exchange, extending its temporary suspension of the $1 minimum stock price until the end of July. It is also trying to permanently have a…
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