Stacey Cunningham, president of the New York Stock Exchange, said she expects more direct listings as companies have increased choices in how to go public, Markets Media reports.
Cunningham said this year is breaking records for initial public offerings after IPOs in 2020 reached all-time highs. In the first nine months of this year global IPO proceeds were $115 billion, 35% higher than full year 2020 according to PwC’s Global IPO Watch.
She was interviewed at the Financial Markets Quality Conference hosted by the Center for Financial Markets and Policy at Georgetown University’s McDonough School of Business. Read more.
