stifel nicolaus, they are pulling off the line arc direct lean to allow them to trade through. there will be more fallout. >> is there a no touch on barclays? battle is over alibaba officially listing the biggest ipo over in the u.s. on the new york stock exchange earlier the nasdaq spoke to cnbc why it would be the better fit. >> alibaba, you have apple, google amazon gopro today. we have the list. >> what are the takes for this company if alibaba competes on your exchange. >> it's like every other ipo. we think we are the home to innovative companies and the best place on the list. >> joining us now, now the decision has been made in this cnbc exclusive ahead of listings. bruce, great to have you with us. what happened? some people will look at this look at 26th. they will say the nasdaq has momentum when it comes to tech liftings. >> we had a good day today with gopro. we had a large ipo so far, saber, two of the lampblger deals out of china already this year. we are about to get the 100 ipos for the year. we had a great year. obviously, we would have loved to have alibaba,