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Nasdaq proposes letting companies decide where their shares trade
April 23, 2018 4:51 PM EDTBy John McCrank
(Reuters) - Nasdaq Inc (NASDAQ: NDAQ) on Monday said it will ask regulators to let it give thinly-traded companies that list on its main U.S. stock exchange a choice as to whether their shares can be traded on other exchanges, with the aim of making it easier for investors to buy the stocks.
There are 13 U.S. stock exchanges and currently, regardless of where a company is listed, its shares trade on all of them, as well as around 40 private broker-run trading venues. Critics say this fragments... More
