Nasdaq plans to expedite the process of including large IPOs in its indices.

Odaily Odaily reports that Nasdaq will introduce a series of new rules, including expediting the inclusion of newly listed large companies in the Nasdaq 100 index, a move aimed at reducing the waiting time for companies to enter this flagship index. With high-valuation tech companies like SpaceX and OpenAI preparing for IPOs, the exchange operator is trying to accelerate the IPO process. Lillia, head of Nasdaq's global index solutions, stated that Nasdaq is considering rule adjustments to ensure that newly listed large companies and companies transferring to other exchanges do not have to endure a wait of up to a year or more to be included in the Nasdaq 100 index. Nasdaq stated that the new rules, including the "fast-track inclusion" mechanism, will take effect on May 1st, but most adjustments are expected to impact the index components only in June. (Jinshi)