NASDAQ Recent Developments

On July 3, 2006, NASDAQ launched the new NASDAQ Global Select Market tier for public companies.  In conjunction with the creation of the new tier, NASDAQ will rename the NASDAQ National Market to the NASDAQ Global Market.  The new NASDAQ Global Select Market is being touted for public companies that meet the highest listing standards in the world, with measures including market value, liquidity and earnings.  NASDAQ Global Select Market companies will receive an enhanced package of services from NASDAQ to support public companies in communication, visibility, management and board support. 

With the addition of the NASDAQ Global Select Market, NASDAQ will offer three market tiers for public companies:

• NASDAQ Global Select Market (NGS)—consisting of approximately 1,200 companies;
•  NASDAQ Global Market (NGM)—consisting of approximately 1,450 companies; and
• NASDAQ Capital Market (NCM)—consisting of approximately 550 companies.