NYSE Euronext leads US IPO market with $19 bn proceeds

With more IPO listings on horizon, NYSE Euronext for the fifth consecutive year led the US IPO market, with over $19 billion in proceeds compared with $8 billion on Nasdaq.

As of November 30, NYSE Euronext’s European and US markets rank second globally with almost $21 billion raised through IPOs in 2009, just below the near $23 billion in IPO proceeds raised on Hong Kong Exchanges and Clearing (HKEx), the release said.

NYSE Euronext US markets have not only raised more in dollar proceeds, but, for the first time, also are scheduled to attract a larger number of IPO transactions than any other US market by year-end.

An additional 8 IPOs are scheduled to go public on the NYSE in the next two weeks, to raise an estimated additional $2.7-billion in proceeds, as compared with only one or two more IPOs scheduled on Nasdaq to raise up to an estimated $180 million.

"More than any other exchange group, in 2009 NYSE Euronext’s US markets were able to capture the renewed momentum in IPO listings," NYSE Euronext America Head of Listings Scott Cutler said.