The New York Stock Exchange (NYSE) isn't taking any chances with
Twitter's initial public offering (IPO).
Twitter has announced last week that it had chosen to list with the NYSE over rival Nasdaq.
The the Big Board said last week it would allow trading firms to conduct a dry run of their systems to prepare for Twitter's IPO. The NYSE test will be done on October 26, according to a notice sent out to traders.
The
micro-blogging service is expected to go
public sometime in November, possibly before Thanksgiving. It will trade under the ticker 'TWTR' on the NYSE.
Twitter's IPO is the biggest technology debut since Facebook's.
NYSE seems to want to avoid the technical problems that marred the social networking giant's debut on the Nasdaq Stock Exchange in May 2012. One of the biggest IPOs in years, Facebook's debut was hit with trading delays and order failures. As a result, the Securities and Exchange Commission in May fined Nasdaq $10 million, the largest ever levied against an exchange.
PHOTO: Reuters 
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