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Nasdaq Wants Fee Hike

Nasdaq wants to raise listing fees for all companies.

It could cost more for companies to sell stock on the

Nasdaq Stock Market


next year.

The tech-heavy exchange is asking securities regulators for permission to raise its annual listing fee by a "nominal" amount. The increase, if approved by the Securities and Exchange Commission, would apply to all 3,200 companies that trade on the Nasdaq, including tech giants


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But in return for paying more, the Nasdaq says companies will receive added services.

The proposed annual listing fee for companies is going up on a sliding scale, depending on the number of shares outstanding.

The fee for small companies with10 million shares or less will increase by $6,500, to $30,000, according to a regulatory filing. Large companies with more than 150 million shares will pay $95, 000 a year. The top listing fee had been $75,000 a year for large companies.

The exchange says the fee increase is a "price advantage" when compared to listing fees by the

New York Stock Exchange


and Arca, and will include added services including "compliance, shareholder communications and visibility."

A spokeswoman says the services offered come from a number of Nasdaq's acquisitions over the last 12 to 15 months.

Among its recent acquisitions, Nasdaq purchased, which provides investor relations and corporate governance services to listed companies. On Sept. 1, the exchange completed its acquisition of PrimeZone Media Network, a Los Angeles firm that distributes corporate press releases and multimedia services.

The last time the exchange raised listing fees was two years ago, in an unrelated move, she says.