The Traderszone Network

Published in TZ Latest News 19 September, 2014 by The TZ Newswire Staff

NYSE’s Bell-Ringing an Earful for Nasdaq With Alibaba Record IPO

When Alibaba rings the opening bell at the NYSE today, as planned, it will mark the biggest win yet in the exchange’s years-long campaign to lure initial offerings of technology and Internet companies. Once a bastion for industrial companies, NYSE last year beat rival Nasdaq OMX Group Inc. in technology listings for the first time, a trend continuing this year, according to data compiled by Bloomberg.