UPDATE: NYSE Says It Hosted The Most US IPOs In 2011

(Adds Nasdaq comment in paragraphs three and six.)

 
   DOW JONES NEWSWIRES 
 

NYSE Euronext (NYX) said it had the most initial public offerings in the U.S. market during 2011, though the total number of offerings it captured declined year-over-year.

Globally, the exchange operator said it raised more proceeds from IPOs last year than any other exchange group, raising $33 billion from 104 IPOs. In the U.S., NYSE Euronext had 89 IPOs last year, down from 99 offerings in 2010, although listing transfers to New York Stock Exchange from rival Nasdaq OMX Group Inc. (NDAQ) rose to 16 from 14.

In response, a Nasdaq spokesman noted that Nasdaq had 12 listing transfers that totaled $80 billion in market value, above the NYSE's 16 transfers valued at $30 billion. The spokesman added that the companies transferring to Nasdaq from NYSE included well-known names like Texas Instruments Inc. (TXN), Wendy's Co. (WEN) and Viacom Inc. (VIA, VIAB).

Both stock exchanges have battled for years to bring in, or poach, listings by offering promotions and other incentives. Much of the recent rivalry between the exchanges has focused on grabbing the listings of newly public companies, including the high-profile crop of technology initial public offerings.

The New York Stock Exchange in 2011 landed professional social-networking site LinkedIn Corp. (LNKD), Internet radio site Pandora Media Inc. (P) and Chinese social-networking site Renren Inc. (RENN). Nasdaq, meanwhile, scored Groupon Inc. (GRPN), social-gaming company Zynga Inc. (ZNGA) and the Expedia Inc. (EXPE) spinoff TripAdvisor Inc. (TRIP).

Nasdaq landed every new tech listing in the second half of 2011, its spokesman said.

The Wall Street Journal reported last week that 2011 would end with fewer U.S. IPOs than there were in 2010 and the amount of money raised in the offerings was about 40% less than a high-water mark set in 2007 and about 6% less than the year earlier, citing research firm Dealogic.

-By Tess Stynes, Dow Jones Newswires; 212-416-2481; [e-mail]