The Nasdaq Stock Market LLC

Money Moves

Host of the listing

SK Hynix rang the Nasdaq opening bell on July 10 and raised about $26.5 billion. No foreign company has ever raised more in a US share sale.

Updated 5 days ago

Money Moves

SPCX trading since June 12; options active since June 16; SPCX joined Nasdaq-100 effective July 7 as first company under new fast-track mega-cap IPO rule

SPCX opened at $150 on June 12 and closed at $161, up 19%, putting SpaceX at roughly $2.1 trillion on its first day. Options began trading June 16 with 1.72 million contracts and $2.48 billion in premium on day one. The stock hit $225.64 that session, 67% above the offer price, before a 31% four-day pullback brought shares to $147.11 intraday on June 23.

Updated Jul 7

Rule Changes

Operating six options platforms with divergent fee strategies

Options exchanges are locked in a chaotic race to recalibrate fees as their regulatory costs collide with record trading volumes. Cboe doubled its Options Regulatory Fee to $0.0002 per contract on January 2, 2026, while NYSE slashed its fee from $0.0038 to $0.0026. The whipsaw reflects a deeper crisis: exchanges collect fees based on all customer options trades cleared industrywide, not just trades on their own platforms, creating unpredictable revenue swings.

Updated May 19

Money Moves

Hosting when-issued and regular-way trading for Versant Class A

The divorce is final. Comcast completed the pro rata distribution of Versant Media Group shares on January 2, 2026; on January 5, the new company began regular-way trading on Nasdaq under ticker VSNT.

Updated May 15

Money Moves

Listed Medline on the Nasdaq Global Select Market as MDLN

Medline's Nasdaq arrival as MDLN quickly turned from “biggest IPO of 2025” into a live market verdict. Shares jumped roughly 41% in their first session, pushing the company into a roughly $50B+ valuation almost immediately.

Updated May 15