Ex Post Facto

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20th October, 2013

Nasdaq loses grip on tech

Nasdaq's dominance as the main market for technology companies is coming under serious threat from the New York Stock Exchange (NYSE) after Twitter decided last week to hold its hotly anticipated initial public offering on the old economy bourse.

The Twitter account is just the latest win for the NYSE, which has even begun pinching established companies as well as IPOs from its younger rival.

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