NASDAQ wins the Facebook listing contest

The Nasdaq Stock Market, the market that few people know what that darn acronym actually stands for [except Think Billion$: National Association of Securities Dealers Automated Quotations], has won the Facebook derby for new stock listings.

Facebook Inc. plans to list its shares on the NASDAQ Stock Market, not the NYSE - New York Stock Exchange.

Facebook, based in Menlo Park, CA, filed in February 2012 to raise $5 billion in the largest Internet IPO on record.