The Nasdaq Stock Market® Led US Listing Exchanges with 38 Percent of U.S. ETP Listings and Switches in 2016

Loading...
Loading...

NEW YORK, Jan. 12, 2017 (GLOBE NEWSWIRE) -- Nasdaq NDAQ, the single largest U.S. equity exchange by market share, announced 70 new exchange-traded products (ETP) listings and 52 switches in 2016, bringing Nasdaq's total ETP new listings to 122. Closing out 2016, Nasdaq now has a total of 328 products listed, marking an increase of 50 percent compared to 2015. In the fourth quarter, nine ETPs listed and 27 products switched to Nasdaq from other U.S. exchanges. For the year, 38 percent of new ETP listings and switches across all U.S. exchanges listed on Nasdaq, and 56 of these new listings track a Nasdaq index.  

"In 2016 we had terrific success and growth in attracting some of the industry's leading ETP issuers to list on Nasdaq," said Tal Cohen, Senior Vice President of North American Equities at Nasdaq.  "Compared to the same time last year, we grew the number of new listings on Nasdaq by more than 100 percent. ETPs touch many aspects of Nasdaq's core businesses and our multi-product and partnership solutions approach has contributed to the company's successful growth. We continue to engage the industry on ETP opportunities and how to support the market and we are committed to delivering best-in-class exchange solutions across Nasdaq's core businesses."

Fourth Quarter Nasdaq ETP Listing Highlights:
Nasdaq was selected as the exchange of choice for nine new ETP launches and 27 switches:
             
DECEMBER

  • Legg Mason launched a fund that tracks global infrastructure securities across developed and emerging markets; the fund began trading December 30, 2016:
    • Legg Mason Global Infrastructure ETF INFR
       
  • Elkhorn and BMO launched the first tactical momentum exchange-traded note providing exposure to the master limited partnership space, and whose index is owned and was developed by Dorsey, Wright and Associates, a Nasdaq Company; the fund began trading December 21, 2016:
    • BMO Elkhorn DWA MLP Select™ Index Exchange Traded Notes BMLP
       
  • Janus Capital launched a global equity income fund that seeks to invest in quality, non-financial companies in developed countries with a free-float-adjusted market capitalization of $3B; the fund began trading December 8, 2016
    • Janus SG Global Quality Income ETF SGQI
       
  • PowerShares by Invesco announced it will change the primary listing venue for the following funds to Nasdaq; all products track Nasdaq indexes and the switches took place December 7, 2016
    • KBW Premium Yield Equity REIT Portfolio KBWY
    • DWA Developed Markets Momentum Portfolio PIZ
    • DWA Emerging Markets Momentum Portfolio PIE
    • Golden Dragon China Portfolio PGJ
    • International Dividend Achievers Portfolio PID
    • DWA Basic Materials Momentum Portfolio PYZ
    • DWA Consumer Cyclicals Momentum Portfolio PEZ
    • DWA Consumer Staples Momentum Portfolio PSL
    • DWA Energy Momentum Portfolio PXI
    • DWA Financial Momentum Portfolio PFI
    • DWA Healthcare Momentum Portfolio PTH
    • DWA Industrials Momentum Portfolio PRN
    • DWA Technology Momentum Portfolio PTF
    • DWA Utilities Momentum Portfolio PUI
    • Global Water Portfolio PIO
    • KBW Bank Portfolio KBWB
    • KBW Property & Casualty Insurance Portfolio KBWP
    • KBW Regional Banking Portfolio KBWR
    • Water Resources Portfolio PHO
    • BuyBack Achievers Portfolio PKW
    • DWA Momentum Portfolio PDP
    • DWA NASDAQ Momentum Portfolio DWAQ
    • DWA SmallCap Momentum Portfolio DWAS
    • Dividend Achievers Portfolio PFM
    • High Yield Equity Dividend Achievers Portfolio PEY
    • KBW High Dividend Yield Financial Portfolio KBWD
    • 1-30 Laddered Treasury Portfolio PLW
       
  • iShares launched a fund that seeks to provide access to large-and-mid-cap companies in the U.S. that demonstrate positive ESG characteristics; the fund began trading December 2, 2016:
    • iShares MSCI USA ESG Optimized ETF ESGU
       
  • Gabelli Funds launched a product that invests in media, telecommunications and technology companies associated with Dr. John Malone's Liberty Media; the fund began trading December 1, 2016:
    • Gabelli Media Mogul NextShares MOGLC

NOVEMBER

  • Global X launched a fund that tracks 50 of the highest yielding equity securities from international developed markets across Europe, Australia, and the Far East; the fund began trading November 15, 2016:
    • Global X MSCI SuperDividend EAFE ETF EFAS

OCTOBER

  • Ivy launched three funds as part of a planned lineup of NextShares exchange-traded managed funds; the funds began trading October 18, 2016:
    • Ivy Focused Growth NextShares IVFGC
    • Ivy Focused Value NextShares IVFVC
    • Ivy Energy NextShares IVENC

For issuers who want to learn more about opportunities to list and grow on The Nasdaq Stock Market®, please visit our website or email etflistings@nasdaq.com

About Nasdaq:
Nasdaq NDAQ is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 85 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,700 listed companies with a market value of $10.0 trillion and approximately 18,000 corporate clients. To learn more, visit: nasdaq.com/ambition or business.nasdaq.com.

Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about Nasdaq and its products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq's control. These factors include, but are not limited to factors detailed in Nasdaq's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.

Nothing contained herein should be construed as investment advice from Nasdaq or its subsidiaries (collectively, "Nasdaq"), either on behalf of a particular financial product or an overall investment strategy. Nasdaq makes no recommendation to buy or sell any financial product or any representation about the financial condition of any company or fund. Investors should undertake their own due diligence and carefully evaluate financial products before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED

NDAQG

Nasdaq Media Contact:  Peter Gau +1 (212) 231-5475 (office) +1 (646) 633-3246 (mobile) Peter.Gau@nasdaq.com

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: Press Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...