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NYSE Extends Global IPO Leadership for Seventh Consecutive Year
[December 18, 2017]

NYSE Extends Global IPO Leadership for Seventh Consecutive Year


The New York Stock Exchange (NYSE), a wholly owned subsidiary of Intercontinental Exchange (NYSE:ICE), continued to build on its leadership as the premier venue for global capital raising with $31.3 billion in proceeds from 88 transactions in 2017, almost twice the capital raised by any other exchange in the world. The NYSE also listed each of the last 32 IPOs raising $700 million or more.

"Global IPO activity this year was buoyed by strong macroeconomic conditions and investor confidence," said NYSE Group President, Tom Farley. "We continue to invest in, and advocate for ways to make markets more accessible and less complex for issuers and investors. We will continue these efforts in 2018, with the goal of supporting our issuers and market participants with best-in-class markets, service and technology."

Companies continue to choose the NYSE for its unique market model that features leading technology and human judgement, our global network, unparalleled visibility platform and effective advocacy efforts.

Highlights (as of December 15, 2017):

  • Total IPOs: More than 1.7 times the capital raised as the next largest exchange.
  • Technology IPOs: 89 percent of all U.S. tech proceeds were raised on the NYSE.
  • International IPOs: U.S. leader in Chinese IPOs, and new listings from Asia and Latin America.
  • Transfers: Over $1.1 trillion in market cap transferred to NYSE since 2000.
  • Alternatie IPO Paths: Listed 9 Special Purpose Acquisition Companies (SPACs) in 2017, helping companies explore new ways to enter the public market.



View a brief video and 2017 IPO and listings highlights here.

For more information on the New York Stock Exchange, click here.


About NYSE Group
NYSE Group is a subsidiary of Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses, and a provider of data and listings services. NYSE Group includes exchanges, market data and connectivity services. The equity exchanges -- the New York Stock Exchange, NYSE American and NYSE Arca (News - Alert) -- trade more U.S. equity volume than any other exchange group. NYSE is the premier global venue for capital raising, leading worldwide in IPOs, including technology IPOs. NYSE Arca Options and NYSE Amex Options are leading equity options exchanges. To learn more, visit www.nyse.com/index.

About Intercontinental Exchange
Intercontinental Exchange (NYSE:ICE) is a Fortune 500 company that operates a leading network of global futures, equity and equity options exchanges, as well as global clearing and data services across financial and commodity markets. The New York Stock Exchange is the world leader in capital raising, listings and equities trading.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located at http://www.intercontinentalexchange.com/terms-of-use.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC (News - Alert)) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2016, as filed with the SEC on February 7, 2017.

SOURCE: Intercontinental Exchange

ICE-CORP


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