Lower listing fees and fewer eligibility restrictions are the main benefits of a company getting listed on the Nasdaq exchange. Many traders also see it as a benefit as Nasdaq offers entirely electronic trading. The biggest drawback of a Nasdaq listing compared to one on the NYSE or LSE is that it is perceived as having less prestige and blue-chip status, but this impression has significantly diminished. Nasdaq’s lower listing minimum make it simpler for new, smaller businesses to get into the list on a significant market. In comparison to the NYSE, it also offers much lower listing fees.