NEW YORK , Mar. 30, 2007 , – In the week ended Mar. 30, 2007 , eight new listings joined the roster of NYSE Group-listed companies.
Eight New Listings Joined NYSE Group in the Week Ended March 30, 2007
Washington Group International, a leading engineering, construction and management company, transferred to the NYSE from Nasdaq on Mar. 27. Headquartered in Boise , Idaho , the company trades on the NYSE under the ticker symbol WNG.
On Mar. 28, the NYSE Arca Tech 100 ETF listed on NYSE Arca. Tracking the top 100 technology-related common stocks and ADRs across various U.S. exchanges, “NXT” provides investors with access to growing and cutting edge companies. With holdings from 16 industries, the NYSE Arca Tech 100 ETF’s unique multi-industry spectrum offers a diversified approach to technology investing. The company joined the Exchange as an initial public offering.
BlackRock Global Equity Income Trust, headquartered in Wilmington , Delaware , began trading on the NYSE on Mar. 28. The company joined the Exchange as an initial public offering.
Evergreen Global Dividend Opportunity Fund, headquartered in Boston , Massachusetts , began trading on the NYSE on Mar. 28. The company trades under the ticker symbol EOD and joined the Exchange as an initial public offering.
On Mar. 28, First Trust Strategic High Income Fund III began trading on the NYSE under the ticker symbol FHO. Headquartered in Lisle, IL, the company joined the Exchange as an initial public offering.
ING Asia Pacific High Dividend Equity Income Fund began trading on the NYSE as an initial public offering on Mar. 28. Headquartered in Scottsdale , Arizona , the company trades under the ticker IAE.
On Mar. 28, Nuveen Core Equity Alpha Fund began trading on the NYSE as an initial public offering. Headquartered in Chicago , IL , the company trades under the ticker symbol JCE.
Flagstone Reinsurance Holdings Limited, headquartered in Hamilton , Bermuda , began trading on the NYSE on Mar. 30. The company began trading under the ticker symbol FSR as an initial public offering.
About NYSE Group, Inc
NYSE Group, Inc. (NYSE:NYX) operates two securities exchanges: the New York Stock Exchange LLC (the “NYSE”) and NYSE Arca, Inc. (formerly known as the Pacific Exchange). NYSE Group is a leading provider of securities listing, trading and market data products and services. In 2006, on an average trading day, 2.3 billion shares, valued at $86.8 billion, were traded on the exchanges of the NYSE Group.
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. On December 31, 2006 , the operating companies listed on the NYSE represented a total global market capitalization of $25.0 trillion.
NYSE Arca, Inc. operates the former ArcaEx®, the first open, all-electronic stock exchange in the United States , which has a leading position in trading exchange-traded funds and exchange-listed securities. NYSE Arca, Inc. is also an exchange for trading equity options. NYSE Arca, Inc.’s trading platforms 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.
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this 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. NYSE Group undertakes no obligation to release any revisions to any forward-looking statements.