NYSE: This Won't Be Another Facebook

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Nov. 4 (Bloomberg) -- Bloomberg Television's "Lunch Money" Host Matt Miller reports on Twiiter's IPO. (Source: Bloomberg)

It is confident this one will not be another facebook.

We operate a very different market.

I am sitting here on the floor of the exchange and it really is the interaction of the people here, represented by the designated market makers on the floor as well as the underwriters on the transaction, together we will be working together to interface the technology with the people to make sure the process runs very smoothly.

It is different.

We certainly benefit by having the people on the floor to be able to do this effectively.

The incredible disaster of the nasdaq.

How did the nyse when this one anyway?

If you are focused on execution around the ipo and being on the biggest grand and associated with the best companies in the industry, there is no other choice than the nyse.

We are very focused on that as a value proposition.

Contrasting this with other propositions, the focus on execution and transparency and is an opportunity for retail investors to get involved with an exciting growth opportunity, to list on the nyse, a lot is about restoring confidence in the markets.

Investors have the opportunity to come in here and participate in a fair and orderly process.

At the upper end of its range, twitter would be valued at 11.8 times estimated sales.

This text has been automatically generated. It may not be 100% accurate.


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