SYS-CON MEDIA Authors: Elizabeth White, Jason Bloomberg, Liz McMillan, Pat Romanski, Javier Paniza

News Feed Item

CORRECTING and REPLACING New York Stock Exchange Leads in Global Capital Raising in First Half of 2014; Continues to Support Innovation and Job Creation

First paragraph, second sentence of release should read: With $20.7 billion in total proceeds raised from 68 initial public offerings (IPOs), the NYSE is set to outpace 2013 in total IPO proceeds. (instead of: With $20.7 billion in total proceeds raised from 89 initial public offerings (IPOs), the NYSE is set to outpace 2013 in total IPO proceeds.)

The corrected release reads:

NEW YORK STOCK EXCHANGE LEADS IN GLOBAL CAPITAL RAISING IN FIRST HALF OF 2014; CONTINUES TO SUPPORT INNOVATION AND JOB CREATION

  • Global Leader in Capital Raising with $83B in Proceeds from IPOs and Follow-Ons, More Than Any Other Exchange
  • NYSE Leads in Total New Listings with 203 New U.S. Listings
  • Remains Top Destination for Technology with 58% of All U.S. Tech IPOs

The New York Stock Exchange, part of the Intercontinental Exchange (NYSE: ICE) global network of exchanges, remained the global leader in capital raising in the first half of 2014. With $20.7 billion in total proceeds raised from 68 initial public offerings (IPOs), the NYSE is set to outpace 2013 in total IPO proceeds.

“Across the board it has been a strong first half, with notable activity from tech, financial services and energy sectors,” said EVP and Head of Global Listings, Scott Cutler. “Based on the current momentum and pipeline, the IPO market is set to surpass 2013, which was a record year. In addition, our activity from non-U.S. IPOs affirms NYSE as the global center for raising capital and speaks to the strength and stability offered by the U.S. capital markets.”

More than 85% of all U.S. IPOs this year have leveraged the JOBS act – with $20.3 billion raised from JOBS Act IPOs so far this year – a reflection of how the capital markets can support emerging growth companies. The NYSE advocated for the JOBS act and continues to support policy that encourages companies to access the public markets. In addition, the NYSE remains an active participant in the current market structure dialogue aimed at reducing the complexity and fragmentation of the U.S. stock market to ensure confidence in the operation of the markets.

“The ability to access public markets through an IPO process fuels our economy, fosters innovation and drives job creation,” said NYSE President Tom Farley. “As we continue to see an increasing number of companies access capital markets to support their growth objectives, it is essential to global economic growth that a fair, transparent and efficient market structure exists to support companies of all sizes as they list and trade on our markets.”

NYSE First Half of 2014

  • In the U.S., NYSE Group, which represents NYSE and NYSE MKT combined, raised $20.7 billion in total proceeds from IPOs, accounting for 61% of all proceeds raised from U.S. IPOs
    • Includes 3 of the 5 largest IPOs: Ally Financial (NYSE: ALLY), Santander Consumer USA Holdings (NYSE: SC) and IMS Health Holdings (NYSE: IMS).
    • Includes 3 NYSE MKT IPOs; 12 total new NYSE MKT listings.
  • NYSE Group is the leader in follow-on financing with $62.7 billion in proceeds raised as of June 27, 2014, as well as spin-off transactions, accounting for 76% of all spin-offs.
  • NYSE continues to lead in transfers and added 4 transfers from other exchanges, representing a total of $7.7 billion in market cap including Deckers Outdoor Corporation (NYSE: DECK), EnLink Midstream Partners (NYSE: ENLK) and Banc of California Inc. (NYSE: BANC).
  • Reflective of high quality listings, NYSE Group IPOs YTD have a median return of 11.9%, a median market cap of $703 million and $166 million in median proceeds raised – superior to other exchange listed IPOs.
  • Looking ahead, several prominent companies have indicated their intent to list with the NYSE, including Alibaba Group Holding Limited.

Leadership across sectors and geographies

  • NYSE led in technology listings with 22 tech IPOs, representing 58% of all U.S. tech IPOs and raising a combined $4.5 billion in proceeds including IMS Health (NYSE: IMS), Zendesk (NYSE: ZEN), GrubHub (NYSE: GRUB), Arista Networks (NYSE: ANET) and Cheetah Mobile (NYSE: CMCM).
  • 87% of all energy IPOs listed with NYSE, raising a combined $5.5 billion in proceeds.
  • Financial services IPOs on the NYSE raised $6.4 billion in proceeds, accounting for 77% of all offerings in that sector.
  • NYSE continues to attract non-U.S. IPOs, with 72% more non-U.S. IPOs YTD compared to first half of 2013.

Leadership in Exchange Traded Products

  • NYSE Arca led in new exchange traded product (ETP) listings in the first half of 2014; of the more than 100 ETPs that listed in the U.S. in the first half of 2014, nearly 90% listed on NYSE Arca.
  • NYSE Arca has over 50 issuers with nearly 1,500 ETPs, representing nearly $1.7 trillion of combined assets under management.

Hear from Tom Farley and Scott Cutler on why the NYSE is the center of global business: goo.gl/BmRLRy

About Intercontinental Exchange

Intercontinental Exchange (NYSE: ICE) is the leading network of regulated exchanges and clearing houses for financial and commodity markets. ICE delivers transparent, reliable and accessible data, technology and risk management services to markets around the world through its portfolio of exchanges, including the New York Stock Exchange, ICE Futures and Liffe.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE, New York Stock Exchange and LIFFE. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located at https://www.theice.com/terms.jhtml and http://www.nyx.com/terms-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) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2013, as filed with the SEC on February 14, 2014.

SOURCE: IntercontinentalExchange

ICE-EQ

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
In this Women in Technology Power Panel at 15th Cloud Expo, moderated by Anne Plese, Senior Consultant, Cloud Product Marketing at Verizon Enterprise, Esmeralda Swartz, CMO at MetraTech; Evelyn de Souza, Data Privacy and Compliance Strategy Leader at Cisco Systems; Seema Jethani, Director of Product Management at Basho Technologies; Victoria Livschitz, CEO of Qubell Inc.; Anne Hungate, Senior Director of Software Quality at DIRECTV, discussed what path they took to find their spot within the tec...
Can the spatial component of your Big Data be harnessed and visualized, adding another dimension of power and analytics to your data? In his session at Big Data Expo®, John Meza, Product Engineer and Performance Engineering Team Lead at Esri, discussed the spatial queries that can be used within the Hadoop ecosystem and their integration with GeoSpatial applications. The GIS Tools for Hadoop project was also discussed and its implementation to discover location-based patterns and relationships...
Today, IT is not just a cost center. IT is an enabler and driver of business. With the emergence of the hybrid cloud paradigm, IT now has increasingly more capabilities to create new strategic opportunities for a business. Hybrid cloud allows an organization to utilize multi-tenant public clouds, dedicated private clouds, bare metal hosting, and the associated support and services for the right use cases through an on-demand, XaaS model. This model of IT creates tremendous opportunities for busi...
The cloud is becoming the de-facto way for enterprises to leverage common infrastructure while innovating and one of the biggest obstacles facing public cloud computing is security. In his session at 15th Cloud Expo, Jeff Aliber, a global marketing executive at Verizon, discussed how the best place for web security is in the cloud. Benefits include: Functions as the first layer of defense Easy operation –CNAME change Implement an integrated solution Best architecture for addressing network-l...
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete...
Wearable devices have come of age. The primary applications of wearables so far have been "the Quantified Self" or the tracking of one's fitness and health status. We propose the evolution of wearables into social and emotional communication devices. Our BE(tm) sensor uses light to visualize the skin conductance response. Our sensors are very inexpensive and can be massively distributed to audiences or groups of any size, in order to gauge reactions to performances, video, or any kind of present...
Cloud computing started a technology revolution; now DevOps is driving that revolution forward. By enabling new approaches to service delivery, cloud and DevOps together are delivering even greater speed, agility, and efficiency. No wonder leading innovators are adopting DevOps and cloud together! In his session at DevOps Summit, Andi Mann, Vice President of Strategic Solutions at CA Technologies, explored the synergies in these two approaches, with practical tips, techniques, research data, wa...
Software AG and Wipro Ltd. have announced a joint solution platform for streaming analytics that provides real-time actionable intelligence for the Internet of Things (IoT) market. “The key to successfully addressing the IoT market is the ability to rapidly build and evolve apps that tap into, analyze and make smart decisions on fast, big data”, said John Bates, Global Head of Industry Solutions and CMO, Software AG. To address the huge market potential created by streaming analytics in conj...
Appcore deploys cloud for service providers based on the Apache Cloud set. In this demo at 15th Cloud Expo, Nate Gordon, Director of Technology at Appcore, shows their new product that's coming out in January - Appcore Atlas, which is focused on deploying private clouds based on CloudStack in 15 minutes or less. Our upcoming June 9-11, 2015, event in New York City will present a total of 10 simultaneous tracks (the largest conference content in the world) by an all-star faculty, over three days...
Amazon, Google and Facebook are household names in part because of their mastery of Big Data. But what about organizations without billions of dollars to spend on Big Data tools - how can they extract value from their data? In his session at 6th Big Data Expo®, Ali Ghodsi, Co-Founder and Head of Engineering at Databricks, discussed how the zero management cost and scalability of the cloud is addressing the challenges and pain points that data engineers face when working with Big Data. He also s...
In this scenarios approach Joe Thykattil, Technology Architect & Sales at TimeWarner / Navisite, presented examples that will allow business-savvy professionals to make informed decisions based on a sound business model. This model covered the technology options in detail as well as a financial analysis. The TCO (Total Cost of Ownership) and ROI (Return on Investment) demonstrated how to start, develop and formulate a business case that will allow both small and large scale projects to achieve...
IBM has announced a new strategic technology services agreement with Anthem, Inc., a health benefits company in the U.S. IBM has been selected to provide operational services for Anthem's mainframe and data center server and storage infrastructure for the next five years. Among the benefits of the relationship, Anthem has the ability to leverage IBM Cloud solutions that will help increase the ease, availability and speed of adding infrastructure to support new business requirements.
Almost everyone sees the potential of Internet of Things but how can businesses truly unlock that potential. The key will be in the ability to discover business insight in the midst of an ocean of Big Data generated from billions of embedded devices via Systems of Discover. Businesses will also need to ensure that they can sustain that insight by leveraging the cloud for global reach, scale and elasticity.
CA Technologies released a new study – “DevOps: The Worst-Kept Secret to Winning in the Application Economy” – that reveals that 82% of enterprises in Asia Pacific and Japan (APJ) already have or plan to adopt a DevOps strategy, a 12 point increase from last year’s figure of 70%. DevOps is a methodology which helps foster collaboration between the teams that create and test applications (Dev) with those that maintain them in production environments (Ops). Vanson Bourne conducted the survey with...
We’re no longer looking to the future for the IoT wave. It’s no longer a distant dream but a reality that has arrived. It’s now time to make sure the industry is in alignment to meet the IoT growing pains – cooperate and collaborate as well as innovate. In his session at @ThingsExpo, Jim Hunter, Chief Scientist & Technology Evangelist at Greenwave Systems, will examine the key ingredients to IoT success and identify solutions to challenges the industry is facing. The deep industry expertise be...