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'Big deals' in IPO market are coming in 2017: Nasdaq exec

Investors should get ready for "big deals" from initial public offerings markets next year as uncertainty around the U.S. elections fades away, the vice-chairman of the Nasdaq told CNBC on Tuesday.

Only 80 companies have listed on U.S. markets in the first nine months of the year, versus 143 in the same period in 2015, Dealogic data shows. This is the worst since the financial crisis.

But in the third-quarter of the year, technology companies such as Twilio and Nutanix have already gone public, opening the door for further listings.


Bruce Aust, vice-chairman of the Nasdaq exchange, said that volatility from the U.S. elections and Brexit had impacted listings in 2016, but this could reverse next year.

"We have a very strong pipeline of companies, we have 50 applications that are already publicly filed to go public that will go public in 2017," Aust told CNBC at the Web Summit technology conference in Lisbon.

"I think a few of those will probably get out after the election so some will try to take advantage of this window and go out before the end of the year but most of those big deals will happen in 2017….it all depends on how the markets operate after the election."

A number of IPOs have been slated for next year, including the most highly anticipated one – Snapchat.