New York Stock Exchange Proposes 15-Day Fast Entry for Nasdaq 100 to Accelerate Large IPO Inclusion

The Nasdaq Exchange is proposing a Fast Entry rule to allow newly listed large companies to be added to the Nasdaq 100 as quickly as 15 trading days after filing, bypassing the current three-month seasoning period and annual rebalances. The change aims to improve index representativeness and liquidity, particularly as AI-driven IPOs, including potential SpaceX and Anthropic listings, seek rapid inclusion. Under the proposal, companies that list on Nasdaq and have a market cap in the top 40 will qualify for expedited inclusion with at least five trading days’ notice. The rule is under public comment and expected to take effect after the March 2026 index adjustment. The Nasdaq 100 is a key benchmark for over $600 billion in ETFs and tracks major tech and growth stocks, including GOOGL and NVDA.