New York Stock Exchange
ORG
New York Stock Exchange
The offer comes just a few days after Nasdaq's archrival, the New York Stock Exchange, started trading as a public company. Indeed, the New York Exchange's chief executive, John A. Thain, has made no secret of his desire to be a leader in the consolidation of the world's markets. London has an obvious allure for Nasdaq, which historically has lagged the New York Stock Exchange in attracting the largest listed companies. The market capitalization of companies on Nasdaq is $3.6 trillion, compared with $22.5 trillion on the New York Exchange.