So who says that U.S. exchanges can't compete internationally? Infosys, the Indian outsourcing giant, undertook a secondary offering of 30 million American Depository Shares last month and now can boast that 20 percent of its shares are now traded on Nasdaq. It is giddy that it will soon be added to the Nasdaq 100. So despite the added regulatory burdens, mainly in the form of Sarbanes-Oxley, the company has judged that a Nasdaq listing is more than worth it. The liquidity cannot be matched. This is what the Nasdaq and NYSE ought to be focused on: the many benefits they offer. I am sure they market appropriately but sometimes the message gets lost.

For more on Infosys,
- here's an AP article