Facebook Ticker Symbol
Facebook Ticker Symbol, Facebook has chosen FB as its ticker symbol for when it begins trading as a public company.But as expected, the high-stakes battle between the stock exchanges over Facebook’s primary stock listing is still up the air.
According to the S-1 filing, Facebook says it will either list its common stock on the Nasdaq Stock Market or New York Stock Exchange.
NYSE Euronext, which owns the NYSE, and Nasdaq OMX Group Inc., owner of the Nasdaq, have battled for years for some of the top stock listings by offering incentives such as co-branding possibilities and prime advertising space.
Both exchanges have scored big wins in the latest crop of Internet listings. In 2011, NYSE nabbed LinkedIn Corp. and Pandora Media Inc., while Nasdaq won Groupon Inc. and Zynga Inc.
Winning Facebook would be a coup for either exchange. A decision isn’t expected to be imminent.
UPDATE: Exchange guru Jacob Bunge points out one exchange operator who isn’t in the Facebook sweepstakes is BATS Global Markets.
Left out, though, is BATS Global Markets–the seven-year-old electronic exchange company that, like Facebook, is praised for its technological sophistication. BATS officially opened up a US listings market in December and last month won its first issues, a slate of ETFs from iShares. Though it may miss Facebook, BATS appears gauranteed at least one IPO–the exchange company’s own, seen sometime in the first half of 2012.