The Nasdaq Stock Market® Leads US Listing Exchanges with 42 Percent of New ETP Listings and Switches in the First Quarter of...
April 14 2016 - 12:30PM
Nasdaq (Nasdaq:NDAQ), the single largest U.S. equity exchange by
market share, announced nine new listings during the month of
March, reinforcing itself as one of the premier listing and trading
venues for exchange-traded products (ETPs). At the end of the first
quarter of 2016, Nasdaq captured 42 percent of new listings and
switches- exceeding all other US exchanges.
“We had solid growth in attracting issuers to list ETPs on
Nasdaq this past quarter, which reflects our unwavering commitment
to helping issuers grow and for their products to succeed,” said
Salil Donde, Executive Vice President at Nasdaq. “As a partner to
the issuer community and to help create a stronger financial
ecosystem, we offer a one-stop solution for issuers as a listing
venue, as well as a collaborator for index creation. The second
quarter is already off to a strong start. Just last week, First
Trust completed 12 new ETP and index switches with their AlphaDEX
family to Nasdaq.”
In the first quarter of 2016, The Nasdaq Stock Market® captured
42 percent of new ETP listings and switches across all exchanges
(25 in total). Nasdaq secured 28 percent, or 13, of new ETP
launches including products from Janus and Van Eck MarketVectors,
bringing Nasdaq’s total ETP listings to 243. Of Nasdaq’s 13 new ETP
listings, four also track a Nasdaq index.
Nasdaq ETP Listing Highlights in March:Nasdaq
was selected as the exchange of choice for six new ETF
launches:
- Eaton Vance launched two NextSharesTM funds which began trading
March 30, 2016:
- Eaton Vance Global Income Builder NextShares
(Nasdaq:EVGBC)
- Eaton Vance TABS 5-to-15 Year Laddered Municipal Bond
NextShares (Nasdaq:EVLMC)
- Victory Capital launched a volatility weighted emerging markets
ETF, managed by its CEMP investment franchise, which began trading
March 23, 2016:
- Victory CEMP Emerging Market Volatility Wtd Index ETF
(Nasdaq:CEZ)
- Principal launched two smart beta ETFs, both of which track our
indexes March 22, 2016:
- Principal Price Setters Index ETF (Nasdaq:PSET)
- Principal Shareholder Yield Index ETF (Nasdaq:PY)
- Vanguard launched a pair of international dividend-oriented
funds March 2, 2016:
- Vanguard International High Dividend Yield Index Fund
(Nasdaq:VYMI)
- Vanguard International Dividend Appreciation Index Fund
(Nasdaq:VIGI)
- Tracks the Nasdaq International Dividend Achievers Select
Index
Additionally, Dorsey, Wright & Associates, a Nasdaq Company,
was selected for two fund launches:
- Invesco PowerShares launched the PowerShares DWA Tactical
Multi-Asset Income Portfolio (Nasdaq:DWIN) using Dorsey, Wright
& Associates’ Relative Strength methodology
- First Trust launched the First Trust Dorsey Wright Dynamic
Focus 5 ETF (Nasdaq:FVC) whose index is owned and was developed by
Dorsey, Wright & Associates
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 (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 70 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
approximately $9.6 trillion and nearly 10,000 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
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