Unlike Others That Impose Rigid Rules, the S&P 500 Establishes 8 Criteria to Evaluate, They Are:
Time of listing on the stock market
Trading on the stock market
One of the aspects that must be highlighted when talking about the election by said committee is that the evaluation is comprehensive and weighs heavily if the operation of the evaluated company is a possible representation of the operation of the US economy.
Regarding liquidity and the size of the company, it must meet 3 outstanding points, the first being that its market capitalization must be at least 400 million dollars.
The second point is the one that dictates that the adjusted market capitalization must exceed 1.0; this in relation to the amount negotiated in dollars annually. The third and last point indicates that the shares traded in the 6 months prior to the evaluation by the committee must be at least 250,000 shares.
Also, it is important to note that the offers of these shares must be made publicly; It can be on the New York Stock Exchange (NYSE) or the Nasdaq. This has made the S&P 500 so important in the North American market that it attracts an 80% capitalization of the domestic market.