Ahead of Saudi Aramco IPO, Nasdaq CEO says massive companies could benefit from dual-listing

  • 📰 CNBC
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

At the NYSE, there are many companies that trade on different exchanges. BobPisani explains what a dual listing means, and why companies do it.

CEO Adena Friedman said Monday that there is a case for companies on course to deliver a significant amount of liquidity to consider a dual-listing.

Speaking to CNBC at the World Government Summit in Dubai, Friedman said a company looking at the prospect of dual-listing across different time zones would usually be able to benefit from "liquidity pools" as people wake up in different parts of the world.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

NYSE BobPisani

NYSE BobPisani 😀😀😀 He explains what a dual listing means and why... mean/meant/meant Now it's on KindleUnlimited 😀😀😀 esl ingles english kindle download ebooks books

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Vice Media CEO discusses its $400M Refinery29 acquisition“We’re really excited about the brand. I think it’s incredibly complimentary to what we are already doing at Vice.” Vice Media CEO Nancy Dubuc discusses the company’s $400 million Refinery29 acquisition. No wonder they’re failing Who is she, the anchor.? *complementary
Source: CNBC - 🏆 12. / 72 Read more »

Stitch Fix CEO says the online-styling company could feel impact of future tariffs hike'Tariffs that we've had to date don't impact us. The ones that are being contemplated now potentially could,' Stitch Fix CEO Katrina Lake says.
Source: CNBC - 🏆 12. / 72 Read more »