NEW YORK, May 21, 2009 -- For the second consecutive year, NYSE Euronext’s U.S. exchange group has received Structured Products Magazine’s “Exchange of the Year Award”, presented at the Structured Products Americas Conference in Coral Gables, Fla. The “Exchange of the Year” award is presented annually to the most innovative and dedicated U.S. exchange serving structured-product issuers and investors.
NYSE Euronext manages the listing and trading of different types of structured products on NYSE Euronext’s U.S. markets, through its Exchange Traded Products group and through its Capital Markets group.
NYSE Euronext’s Exchange Traded Products group is a leader in the structured products marketplace with 85 ETN listings valued at $4.9 billion and 9 ETN issuers including Barclays iPath® ETNs, ELEMENTS ETNs, Deutsche Bank Commodity ETNs, UBS E-TRACS ETNs, MarketVectors ETNs issued by Morgan Stanley, and GS ConnectTM ETNs. NYSE Euronext offers investors some of the industry’s fastest and most attractive trading tools to access liquidity. NYSE Arca lists over 1,000 Exchange Traded Products, representing 79% of all assets under management in this sector. In 2009 and with the successful integration of 220 AMEX-listed equity and index linked certificates on NYSE Arca utilizing the Lead Market Maker, 99% of issuers chose to transfer their listings to NYSE Arca.
“NYSE Euronext’s Exchange Traded Products group is honored to receive both these awards, underscoring our commitment to bringing innovative and uniquely designed global product offerings to our issuers and investors,” said Lisa Dallmer, NYSE Euronext Senior Vice President, Exchange Traded Products and Global Indexes. “NYSE Euronext operates a market model that sets the industry standard in technology and market quality in the fast-growing Exchange Traded Products space.”
NYSE Euronext Capital Markets Group facilitates listings in structured products designed to optimize the capital structure of many public companies. The corporate structured products typically trade side-by-side with their public company listing on the New York Stock Exchange for effective pricing in the market. The NYSE has over 400 hybrid securities listed with a total value of $200 billion. In 2009 to date, NYSE Euronext’s has listed 7 corporate structured products with an aggregate value of $2.1 billion on its U.S. exchange for corporate Structured Products, the NYSE.
"The NYSE's Capital Markets Group is appreciative of the award and the recognition of our dedication to issuers, advisors, and investors,” said Scott Cutler, Executive Vice President, Global Corporate Client Group. “Last year, we rolled out the "Next Generation" market model, utilizing a combination of market professionals and technology to provide customers with the highest levels of market quality and competitiveness. We are proud that a majority share of corporate Structured Products order flow is executed on the NYSE trading floor, where market quality is aided by Designated Market Makers."
NYSE Euronext U.S. Exchange--Winner: 5th Annual Global ETF Awards
NYSE Euronext’s U.S. exchange also earned two 1st place awards at the 5th annual Global ETF Awards held in New York City this past April for “Most Proactive ETF Exchange – The Americas” and “The Exchange that has the Largest Number of Primary Listings.” The Global ETF AWARDS®, hosted by exchangetradedfunds.com, are to recognize those who have contributed to the development of the ETF industry worldwide and to allow ETF participants from the international community to discuss their respective markets. The Global ETF Awards provide an opportunity for industry professionals worldwide to be recognized for their contributions to the growth of the ETF marketplace. Award categories included Greatest Contribution to the ETF Industry, Best Research, Largest Growth of Assets under Management, among others.
About NYSE Euronext
NYSE Euronext (NYX) is the world’s most diverse exchange group, offering a broad and growing array of financial products and services in Europe and the United States that include cash equities, futures, options, exchange-traded products, bonds, market data, and commercial technology solutions. With over 8,000 listed issues globally, NYSE Euronext's equities markets -- the New York Stock Exchange, Euronext, NYSE Arca, and NYSE Amex -- represent nearly 40% of the world's cash equities trading volume, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, the leading European derivatives business and the world’s second largest derivatives business by value of trading. NYSE Euronext offers comprehensive global commercial technology, connectivity, and market data products and services through its innovative trading solutions unit, NYSE Technologies. 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
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 2008 (“document de référence”) filed with the French Autorité des Marchés Financiers (Registered on April 28, 2009 under No. R. 09-031), 2008 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.