Companies that are already listed on a U.S. exchange may transfer their listing to the NYSE. For qualified companies, the transfer process straightforward and free-of-charge. Transferred companies benefit from the NYSE network and the investor understanding of NYSE listings standards, as well as the superior liquidity and tighter spreads provided by the NYSE market model.

This type of listing allows a foreign company that already has a listing in its home market to become a public company in the U.S., without raising capital at the time of listing. Typically, the company lists in conjunction with the filing of a Form 20-F annual report. A quotation listing provides liquidity for U.S. investors holding the stock before the listing; the ability to provide equity compensation to U.S. employees; currency for U.S. acquisitions; and the ability to raise capital in the U.S. public markets.

Qualified companies trading on the OTC market may list on the NYSE either with or without a concurrent public offering. An OTC upgrade provides the benefit of the superior visibility and liquidity associated with an NYSE listing, as well as a broad exemption from the state Blue Sky laws.