PrivCo predicts Facebook's stock exchange choice

Sam Hamadeh, founder and CEO of PrivCo, is blunt when speaking with the Washington Post: ‘It's going to be the Big Board.' He continues that Facebook will choose NYSE because it wants to convey its status ‘as a blue-chip name.'

Of course, this is all speculation at this point. Even with Facebook's S-1 believed to be coming later today, we probably won't know if it picks NYSE or NASDAQ for a while, even if the decision has been made internally.

Here's how the pricing for each breaks down:

NASDAQ: the initial listing costs $35,000 to $95,000, with its ‘highest tier' companies paying at the upper end, according to the Washington Post. The annual fee is $35,000 to $95,000.

NYSE: the initial listing costs $125,000 to $250,000, with annual fees ranging from $38,000 to as much as $500,000. But, the Washington Post notes, approximately 80 percent of NYSE-listed companies pay $199,000 or less a year.

The report continues that Facebook could generate $500,000 to $1 mn a year in trading revenue, but it we distributed among exchanges and other trading venues.

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Source: Washington Post