Questions Emerge on Nasdaq’s Fast-Entry Index Proposal
Nasdaq is making moves to accommodate SpaceX and other giant IPOs by proposing a potential “fast entry” process into its Nasdaq 100 index. To be considered for the Nasdaq-100 index, companies must be listed on the Nasdaq stock exchange. With its new proposal, Nasdaq could be seen as bending the rules in order to win listings, wrote Alex Matturri, former CEO of S&P Dow Jones Indices, in a LinkedIn post.