Note that Nasdaq and Russel did put in place fast entry rules. S&P is the only one that didn’t.
https://www.nasdaq.com/articles/new-fast-tracks-account-olde...
https://www.nasdaq.com/articles/new-fast-tracks-account-olde...
Nasdaq clearly did it for the big bucks and getting the listing, why did Russell bend the knee?
so they get a little bit of a pass for me, but Nasdaq doesn't
They changed their minimum float rule for these mega IPOs with low float.
The index is float adjusted so its initial weight in the index will be relatively low.
https://global.morningstar.com/en-ca/stocks/how-will-mega-ip...