NYSE ARCA Listing Requirements


The NYSE ARCA, standing for “New York Stock Exchange, Archipelago Exchange,” is the electronically based tier of the NYSE. Located in Chicago, NYSE ARCA employs high-speed electronic trading technology allowing for quick and efficient trades across the United States.

The NYSE ARCA caters to small, medium, and large cap companies, as well as Exchange-Traded Products (ETPs). The ETPs that the exchange supports includes: Exchange-Traded Funds (ETFs), Exchange-Traded Notes (ETNs), and Exchange Traded Vehicles (ETVs). They NYSE ARCA currently represents over 90% of all ETPs traded in the U.S.

The listing standards for the NYSE ARCA are as follows:

Basic Listing Standards

  • At least 500,000 publicly held shares and a market value of at least $3,000,000.
  • At least 800 public beneficial holders if the issuer has at least 500,000 and less than 1,000,000 shares publicly held, or a minimum of 400 public beneficial holders if the issuer has either:
    • At least 1,000,000 shares publicly held; or
    • At least 500,000 shares publicly held and average daily trading volume in excess of 2,000 shares for the six months preceding the date of application.
  • Net worth of at least $4,000,000.
  • Pre-tax income from continuing operations of at least $750,000 in the last fiscal year or two of the last three fiscal years.
  • The maintenance of at least $5 per share closing bid price for a majority of business days for the most recent six-month period prior to the date of application by the issuer. To meet this price requirement, the bid closing price must be at or above $5 per share at the time of application.

Alternative Listing Standards

  • At least 1,000,000 publicly held shares and a market value of at least $15,000,000.
  • At least 400 public beneficial holders.
  • Net worth of at least $12,000,000.
  • The maintenance of at least $3 per share closing bid price for a majority of business days for the most recent six-month period prior to the date of application by the issuer. To meet this price requirement, the bid price must close at or above $3 per share at the time of application.
  • An operating history of at least three continuous years.

For the full Listing Standards Manual, please click here.

Fees

The fee schedule for firms wishing to list equities on the NYSE ARCA is as follows:

Administrative Fees

 

Total Shares Outstanding

Entry Fee

Less than 5,000,000 Shares

$50,000

5,000,000 to 10,000,000 Shares

$55,000

10,000,001 to 15,000,000 Shares

$60,000

In excess of 15,000,000 Shares

$70,000 ($75,000 as of January 1, 2013)


Listing Fees

 
1. Common stock, preferred stock, and warrants issued by domestic issuers:

Aggregate total shares outstanding (TSO) at time of listing

Fee

Up to and including 30,000,000

$100,000

30+ million up to and including 50,000,000

$125,000

50+ million

$150,000

2. Securities issued by foreign private issuers (but only to the extent shares are issued and outstanding in the U.S.):

Total Shares Issued and Outstanding in U.S.

Fee

Up to and including 30,000,000

$100,000

30+ million up to and including 50,000,000

$125,000

50+ million

$150,000

3. Debt Instruments and Purchase Rights
$2,500
4. Additional classes of securities:

Common Stock, when issuer has a class of common stock already listed

$5,000

Preferred Stock and Warrants, whether or not common stock is listed

$100,000, $125,000 or $150,000 as in #1 above, depending on aggregate TSO

5. Exchange Traded Products

Total Shares Issued and Outstanding in U.S.

Fee

a. Exchange Traded Products (with the exception of (1) Managed Trust Securities; and (2) Investment Company Units, Portfolio Depository Receipts, Managed Fund Shares, and Currency Trust Shares that are listed on the Exchange pursuant to Rule 19b-4(e) under the Exchange Act, and for which a proposed rule change pursuant to Section 19(b) of the Exchange Act is not required to be filed with the Commission (collectively, “Generically-Listed Exchange Traded Products”))

$7,500

b. Managed Fund Shares and Managed Trust Securities

$10,000

c. Generically-Listed Exchange Traded Products

No charge

For a full listing guide please click here.

How to Apply

Getting listed on the NYSE ARCA is a four-step process. To apply, please visit the NYSE Get Started Page. The steps to getting listed in order are: 1. Choosing your market, 2. Reserving your ticker symbol, 3. Submitting your application, and 4. Selecting your DMM (Designated Market Maker). The NYSE will get back to you within 14 business to let you know if your application was accepted.

Transfer Agent Services

As a full-service transfer agency with over 30 years of industry experience, Colonial Stock Transfer can assist your firm with getting listed on the NYSE ARCA trading platform. Please contact us today with any questions.