NEW YORK, Oct. 30, 2013 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced that it has welcomed over 100 initial public offerings* (IPO) to the NASDAQ Stock Market in 2013 year-to-date, more IPOs than any other U.S. exchange. This marks the first time NASDAQ has passed this milestone since 2007, when 154 IPOs were completed by year-end. The combined proceeds raised by NASDAQ's 102 IPOs in 2013 year-to-date total more than $12.5 billion.
"The more than 100 new companies to list on NASDAQ this year represent visionaries and innovators from a diverse range of industries," said Bruce Aust, Executive Vice President, NASDAQ OMX. "By continuing to partner with such dynamic companies, NASDAQ fuels greater investment and confidence in the public markets to support robust economic growth."
The 102 IPOs listed on NASDAQ in 2013 year-to-date compares to 63 IPOs from the same period last year, a 60% increase. Especially noteworthy in 2013 has been sustained momentum from the technology, biotechnology and financial sectors. Some of the largest and best-performing technology IPOs this year have occurred on NASDAQ, including GoGo Inc., West Corp., FireEye and Rocket Fuel.
In addition, 97 percent of all biotechnology IPOs in 2013 have listed on NASDAQ and we have also seen an increase in venture capital and private equity-backed listings this year. Approximately 72 percent of venture capital-backed IPOs list on NASDAQ and several notable private equity-backed companies made their IPO on NASDAQ this year.
*Includes the following capital raising events: IPO, REIT, Best Effort and Spin-offs
About NASDAQ OMX Group
The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 26 markets, 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-40 microsecond speeds with 99.99% uptime, our technology drives more than 70 marketplaces in 50 developed and emerging countries into the future, powering 1 in 10 of the world's securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. Home to approximately 3,400 listed companies worth $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. To learn more, visit www.nasdaqomx.com. Follow us on Facebook (http://www.facebook.com/NASDAQ) and Twitter (http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)
Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about The NASDAQ Private Market and NASDAQ OMX's other businesses, products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX's control. These factors include, but are not limited to factors detailed in NASDAQ OMX's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.
NDAQG
CONTACT: NASDAQ OMX Media Relations Contact:
Will Briganti
+1.646.441.5012
William.Briganti@NASDAQOMX.com
