Scott Cutler, executive vice president and co-head of US listings and cash execution at transatlantic exchange group NYSE Euronext, expects US initial public offerings to overtake last year's figures. His exchange "captured 60% of the US tech IPOs this year" – despite Facebook choosing arch-rival Nasdaq.

NYSE Euronext has a pipeline of eight IPOs expected to raise a total of approximately $3bn over this week and next week.