NEW YORK , July 7, 2008 –NYSE Euronext (NYX) today announced the renaming of 11 Invesco PowerShares and Deutsche Bank exchange-traded notes (ETNs) recently-listed on NYSE Arca. Designed to track the long and short Agriculture, Gold and Commodity variations of the Deutsche Bank Liquid Commodity index, the renaming of these ETNs is part of the previously announce marketing agreement expansion.
Invesco PowerShares and Deutsche Bank Renames 11 ETNs Listed on NYSE Arca, the Largest Exchange in ETF and ETN Listings and Assets Under Management
DB Agriculture ETNs are now known as:
PowerShares DB Agriculture Double Short ETN (NYSE Arca: AGA )
PowerShares DB Agriculture Double Long ETN (NYSE Arca: DAG)
PowerShares DB Agriculture Short ETN (NYSE Arca: ADZ)
PowerShares DB Agriculture Long ETN (NYSE Arca: AGF)
DB Gold ETNs are now known as:
PowerShares DB Gold Double Short ETN (NYSE Arca: DZZ)
PowerShares DB Gold Double Long ETN (NYSE Arca: DGP)
PowerShares DB Gold Short ETN (NYSE Arca: DGZ)
DB Commodity ETNs are now known as:
PowerShares DB Commodity Double Short ETN (NYSE Arca: DEE)
PowerShares DB Commodity Double Long ETN (NYSE Arca: DYY)
PowerShares DB Commodity Short ETN (NYSE Arca: DDP)
PowerShares DB Commodity Long ETN (NYSE Arca: DPU)
The tickers, CUSIP Numbers, and ISINs for the above ETNs have not changed.
As the first fully electronic platform to utilize designated liquidity providers, NYSE Arca sets the national best bid and offer nearly 85% of the time, leading all U.S. exchanges. NYSE Arca remains an established leader in the ETF and ETN market place offering investors some of the industry’s fastest and most innovative trading tools to access liquidity. Including today’s listings, NYSE Arca has 274 ETF primary and 77 ETN listings and trades all other eligible ETFs on a UTP basis. NYSE Euronext remains the global exchange of choice for Exchange-Traded Products with a total of 674 primary listings.
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 $28.5 / 18.4€ trillion (as of May 31, 2008 ), in total global market capitalization more than four times that of any other exchange group. NYSE Euronext's equity exchanges transact an average daily trading value of approximately 157.5 /103.4 billion (as of May 31, 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.
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This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements concerning NYSE Euronext’s plans, objectives, expectations and intentions and other statements that are not historical or current facts. Forward-looking statements are based on NYSE Euronext’s current expectations and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Factors that could cause NYSE Euronext’s results to differ materially from current expectations include, but are not limited to: NYSE Euronext’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 Euronext’s reference document for 2007 (“document de référence”) filed with the French Autorité des Marchés Financiers (Registered on May 15, 2008 under No. R. 08-054), 2007 Annual Report on Form 10-K and other periodic reports filed with the U.S. Securities and Exchange Commission or the French Autorité des Marchés Financiers. 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 Euronext that the projections will prove to be correct. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.