Twitter's IPO announcement sets off a horse race between the NYSE (NYX, ICE) and Nasdaq (NDAQ) over who's going to get the listing. "That's going to be one of the most visible transactions when they come out," says NYSE Euronext EVP Scott Cutler. "We will still compete for it. It is not determined yet."
For NYSE, the deal would help the exchange boost its allure among young tech companies, while for Nasdaq, it offers a chance to get past the Facebook gaffes from last year.
"We would hope we have a great shot at Twitter," simply says Nasdaq EVP Bruce Aust.