NEW YORK , June 11, 2008 –NYSE Euronext (NYX) today announced that the ELEMENTSSM S&P Commodity Trends Indicator Total Return Index ETN issued by HSBC USA Inc. listed and began trading on NYSE Arca under the ticker symbol LSC. ETFs and ETNs listed on NYSE Arca--an industry leader in ETF and ETN listings and trading- represent 56% of ETF and ETN assets under management in the U.S., nearly $609 billion, the most of any exchange.
ELEMENTSSM Linked to the S&P Commodity Trends Indicator Total Return Index ETN Lists on NYSE Arca
The ELEMENTSSM Linked to the S&P Commodity Trends Indicator Total Return Index ETN tracks the prices of a diversified portfolio of sixteen traditional, physical commodity futures contracts. The Index Components are grouped into six sectors and each sector is represented on either a “long” or “short” basis, depending on recent price trends of that sector.
ELEMENTS ETNs are designed to track the total return of specific market indexes and seek to provide convenient access to strategies and markets that have not been readily available to individual investors. ELEMENTS ETNs are brought to the market through industry-wide relationships among index providers, investment grade issuers, distributors and securities exchanges. HSBC USA Inc. will issue the ELEMENTS, and Nuveen and Merrill will co-distribute the ETNs.
Including today’s listings, NYSE Arca has 263 primary ETF and 56 ETNs listings and trade all other eligible ETFs on a UTP basis. In 2007, NYSE Arca added 122 new ETFs and ETNs to its roster of primary listings, including a record 101 IPOs. For the full-year 2007, NYSE Arca was the primary listing exchange of choice with a total of 261 ETFs and ETNs listed and $340 billion assets under management.
About NYSE Euronext
NYSE Euronext (NYX) operates the world’s leading and most liquid exchange group, and seeks to provide the highest levels of quality, customer choice and innovation. Its family of exchanges, located in six countries, includes the New York Stock Exchange, the world's largest cash equities market; Euronext, the Eurozone's largest cash equities market; Liffe, Europe's leading derivatives exchange by value of trading; and NYSE Arca Options, one of the fastest growing U.S. options trading platforms. NYSE Euronext offers a diverse array of financial products and services for issuers, investors and financial institutions in cash equities, options and derivatives, ETFs, bonds, market data, and commercial technology solutions. NYSE Euronext's nearly 4,000 listed companies represent a combined $ 30.9/ € 19.8 trillion in total global market capitalization (as of April 30, 2008 ), more than four times that of any other exchange group. NYSE Euronext's equity exchanges transact an average daily trading value of approximately $161.9 / €106.9 billion (as of April 30, 2008 ), which represents more than one-third of the world's cash equities trading. NYSE Euronext is part of the S&P 500 index and the only exchange operator in the S&P 100 index. For more information, please visit www.nyx.com.
Cautionary Note Regarding Forward-Looking Statements
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