•Largest Ever Set of Original ETF Listings on the NYSE
21 Initial Public Offerings Joined NYSE in the Week Ended June 16, 2006
•Listing of Ethanol producer confirms the NYSE Group's leadership in energy
NEW YORK , June 16, 2006– In the week ended June 16, 2006 , 21 initial public offerings listed on the NYSE, including 20 Exchange Traded Funds (ETFs).
WisdomTreeSM Trust, which consists of 20 separate investment portfolios called Exchange Traded Funds (ETFs), began trading on the NYSE on June 16. As the first family of fundamentally-weighted dividend-based ETFs, the WisdomTree Domestic and International Equity Funds are based on proprietary indexes developed by WisdomTree Investments. These Indexes cover major U.S. and international market capitalizations and determine component weight by the amount of ordinary cash dividends a company pays. The addition of these 20 WisdomTree products brings the NYSE Group’s total primary listings for ETFs and related products to 94. Combined with 270 ETFs trading on an unlisted trading privilege basis (UTP), year-to-date the NYSE Group trades 38% of all ETF shares traded in U.S. market.
Please click here for the WisdomTree product sheet.
VeraSun Energy Corporation,headquartered in Brookings , South Dakota , celebrated its initial public offering when it began trading on the Big Board under the ticker symbol VSE on June 14. This week's NYSE listing of VeraSun (NYSE:VSE) once again confirmed the NYSE Group's leadership in the energy sector: 99% of all qualified energy companies have chosen to list on the NYSE.
As of Dec. 31, 2005 , the NYSE has raised a total global market capital of $2.9 trillion in its 219 traditional energy listings. The Exchange leads in virtually every sector of the energy industry, with a large number of listings across all segments -- from the world's leading oil majors to small independents, ranging from companies active in drilling, oil services, Canadian oil & gas, alternative energy, such as Suntech Power Holdings Co. Ltd (NYSE: STP ), a leading Chinese manufacturer of solar panels, and, most recently, VeraSun, the second-largest ethanol producer in the US.
Please click here for the IPO Showcase.
Please click here for the WisdomTreeSM news release.
About NYSE Group, Inc.
NYSE Group, Inc. (NYSE:NYX) operates two securities exchanges: the New York Stock Exchange (the “NYSE”) and NYSE Arca (formerly known as the Archipelago Exchange, or ArcaEx®, and the Pacific Exchange). NYSE Group is a leading provider of securities listing, trading and market data products and services. The NYSE is the world’s largest and most liquid cash equities exchange. The NYSE provides a reliable, orderly, liquid and efficient marketplace where investors buy and sell listed companies’ common stock and other securities. Our listed operating companies represent a total global market capitalization of over $22.9 trillion. In the first quarter 2006, on an average trading day, over 1.7 billion shares, valued at over $65 billion, were traded on the NYSE.
NYSE Arca operates the first open, all-electronic stock exchange in the United States and has a leading position in trading exchange-traded funds and exchange-listed securities. NYSE Arca is also an exchange for trading equity options. NYSE Arca’s trading platform links traders to multiple U.S. market centers and provide customers with fast electronic execution and open, direct and anonymous market access.
NYSE Regulation, an independent not-for-profit subsidiary, regulates member organizations through the enforcement of marketplace rules and federal securities laws. NYSE Regulation also ensures that companies listed on the NYSE and NYSE Arca meet their financial and corporate governance listing standards.
For more information on NYSE Group, go to: www.nyse.com. Information contained on our website does not constitute an offering of our security.
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on NYSE Group’s current expectations and involve risks and uncertainties that could cause NYSE Group’s actual results to differ materially from those set forth in the statements. There can be no assurance that such expectations will prove to be correct. Actual results may differ materially from those expressed or implied in the forward-looking statements. Factors that could cause NYSE Group’s results to differ materially from current expectations include, but are not limited to: NYSE Group’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk and U.S. and global competition, and other factors detailed in NYSE Group’s Annual Report on Form 10-K and other periodic reports filed with the U.S. Securities and Exchange Commission. In addition, these statements are based on a number of assumptions that are subject to change. Accordingly, actual results may be materially higher or lower than those projected. The inclusion of such projections herein should not be regarded as a representation by NYSE Group that the projections will prove to be correct. We undertake no obligation to release any revisions to any forward-looking statements.