Nasdaq Proposes ’Fast Entry’ Rule to Accelerate Index Inclusion for New Listings
Nasdaq has unveiled a proposed rule change that could dramatically shorten the waiting period for newly listed companies to join its flagship indexes. The 'fast entry' initiative WOULD reduce the inclusion timeline from three months to just 15 trading days, potentially reshaping how major tech firms enter market benchmarks.
The MOVE comes as 2026 shapes up to be a landmark year for high-profile IPOs, with SpaceX's anticipated debut potentially valuing Elon Musk's space venture at $1.3 trillion. Such mega-listings would immediately rank among the index's top 40 constituents, bypassing standard liquidity requirements.
Index-linked assets under management have grown too substantial to maintain outdated timelines, Nasdaq argues. The exchange emphasizes that modern corporate structures demand more responsive methodology, particularly for passive managers requiring precise replicability.