The Primex Proposal, Minimum Bid Price Requirements, And NASDAQ Market Woes

Abstract

The objective of this case is to teach and initiate a class discussion about the Primex proposal and minimum bid price requirements at NASDAQ.  The discussion is facilitated by a real world case example that focuses on current NASDAQ market woes.  Issues central to the performance of NASDAQ as a market place are analyzed.  In addition, this study considers the effect of the merger of Instinet and Island on NASDAQ and evaluates NASDAQ's IPO decision.