The Nasdaq Stock Market, Inc. and Clean Edge, Inc. today announced that First Trust Advisors L.P. has licensed the NASDAQ® Clean Edge® U.S. Liquid Series Index, an innovative and powerful tool for clean-energy investors, in order to launch a new exchange traded fund (ETF). The First Trust NASDAQ® Clean Edge® U.S. Liquid Series Index Fund will begin trading in January 2007. The ETF will be managed by First Trust Advisors L.P. and listed on NASDAQ.
A total of £3.5 billion was raised by companies undertaking an IPO on the London Stock Exchange’s markets in October, up 40 per cent on the same month last year. This takes the total money raised through IPOs on the Exchange’s market to £22.3 billion so far this year, more than any other exchange in the world.
Euronext, the pan-European stock exchange, is delighted to have been named Exchange of the Year in Structured Products magazine's European Awards for 2006. This is welcome recognition for the work Euronext has put in and the effective innovation it has deployed in the field of listed structured products including warrants, certificates and structured funds.
SGAM Alternative Investments has launched an ETF with embedded capital protection on Dow Jones EURO STOXX 50®. The ETF has been admitted for listing on Euronext.
The New York Stock Exchange today released its weekly program-trading data submitted by its member firms. The report includes trading in all markets as reported to the NYSE for Oct. 30-Nov.3.
NYSE Group, Inc. reported October 2006 transaction volume in all securities traded by NYSE Group. This report represents the NYSE Group monthly volume release issued on a combined basis for NYSE and NYSE Arca.
18.8 million transactions were completed on Euronext’s cash markets in October 2006, up 28.3% on October 2005, making the month the busiest October ever, with a daily average of 854,000 transactions.
The London Stock Exchange introduced a Larger Size Market Maker scheme designed to encourage liquidity at greater sizes and tighter spreads in both order and quote driven trading. The scheme, which builds on and formalises Market Maker incentives that currently exist on SETSmm, will apply to trading in all equity shares outside of the FTSE350 whether traded on the order book or via a market maker.
The New York Stock Exchange today released its weekly program-trading data submitted by its member firms. The report includes trading in all markets as reported to the NYSE for Oct. 23-27.
“The NYSE Hybrid MarketSM provides customers unparalleled choice and flexibility in trading NYSE-listed securities, while maintaining the Exchange’s hallmarks of best price and superior market quality,” said NYSE Group, Inc. (NYSE: NYX) Chief Financial Officer and Executive Vice President Nelson Chai, who addressed the Keefe, Bruyette & Woods Securities Brokerage Conference this morning in New York. “With more than 100 NYSE-listed stocks now active in the Hybrid Market, measures for market quality and operational performance are very positive.”
