Twitter chooses New York Stock Exchange for IPO over Nasdaq
Twitter has chosen the New York Stock Exchange for the future launch of its IPO, over Nasdaq.
Facebook used Nasdaq when it floated last year, and the exchange company also works with names such as Apple.
However, Twitter chose instead to go on the New York Stock Exchange, which holds brands such as LinkedIn.
Scott Cutler, head of the exchange's listings business, said: "This is a decisive win for the NYSE. We are grateful for Twitter's confidence in our platform and look forward to partnering with them.”
Twitter has recently made several changes to its system, including allowing the scheduling of tweets and allowing users to opt-in to receive direct messages from people they do not follow.
Twitter’s IPO is expected to take place next month.