NYSE Euronext Markets Listed 214 New ETFs In 2009
NYSE Euronext Leads Global Exchange Traded Products Market In 2009
NEW YORK, PARIS, AMSTERDAM, BRUSSELS, LISBON, January 14, 2010 −NYSE Euronext (NYX) today announced that 2009 was a robust year for Exchange Traded Products (ETPs) on both NYSE Arca, its fully electronic U.S. market, and its combined European markets in Paris, Amsterdam, Brussels and Lisbon.
In the U.S. , 107 new ETFs, 9 new ETNs and 85 new certificates were added to NYSE Arca’s growing roster of primary listings. That included 12 issuers that had not previously sponsored Exchange Traded Products on NYSE Arca. New issuers of ETPs in 2009 on NYSE Arca included AdvisorShares; Charles Schwab; Emerging Global; ETF Securities; FaithShares; Geary Advisors; Global X; Grail Advisors; Index IQ; Javelin; Old Mutual; and PIMCO.
In Europe , at the end of 2009, NYSE Euronext’s ETP segment consisted of 449 ETFs, 42 ETVs, five ETNs and approximately 12,762 warrants and certificates. The past year on NYSE Euronext’s European markets was highlighted by 107 new ETF listings, including two by new ETF issuers, HSBC and Think Capital, which launched their first ETF s on NYSE Euronext markets, and continued product expansions from CASAM ETFs, EasyETFs, DB x-Trackers, Lyxor, iShares, ETF Securities, and Invesco Powershares.
“Our global Exchange Traded Product marketplace grew rapidly in 2009, illustrating the sector’s broadening popularity as a result of the transparency, diversification, intraday trading access, and potential tax efficiency offered by ETFs,” said Lisa Dallmer, EVP and Head of Global Index and Exchange Traded Products, NYSE Euronext. “ETPs are becoming increasingly common in investment portfolios, and we expect that momentum to continue in 2010. We look forward to offering investors, product sponsors and market professionals the most compelling market and most innovative trading technologies, further extending our role as the world’s premier platform for Exchange Traded Products.”
Throughout 2009, the global Exchange Traded Products industry launched a diverse range of innovative products, expanding on investment themes such as target date portfolios, leverage, inverse, emerging markets, actively managed transparent portfolios, and fixed income ETFs.
NYSE Arca continued to be a leading center for ETP liquidity, setting the National Best Bid and Offer in all ETPs 86% of the time in 2009. NYSE Arca’s opening auctions consistently executed over 90% of the total opening auction volume and 98% of the total closing auction volume in primarily listed ETPs in 2009, helped by NYSE Arca’s commitment to market quality through its Lead Market Maker (LMM) program, which expanded to 20 unique broker-dealers in 2009. NYSE Arca, already one of the fastest equities markets, further increased its order execution time with the implementation of NYSE Euronext’s Universal Trading Platform. NYSE Arca customers are now experiencing roundtrip executions in 950 microseconds for NYSE Arca-listed issues.
NYSE Euronext implemented several major projects in 2009 critical to enhancing customer service to ETP issuers and investors: the integration of the French, Dutch and Belgian trading into a single order book to strengthen liquidity; the rollout of a new low latency, high capacity trading technology, Universal Trading Platform (UTP), with internal roundtrip times as low as 250 micro-seconds and the capability to handle 100,000 orders per second; and the introduction of new Liquidity Provider quote driven market functionalities for the European warrants and certificates markets to support the unique needs of structured products issuers and investors.
Background on Exchange Traded Products (ETPs) on NYSE Euronext
NYSE Euronext operates the world's largest Exchange Traded Products marketplace, and is the leading venue for Exchange Traded Funds (ETFs), Exchange Traded Notes (ETNs), Exchange Traded Vehicles (ETVs) and Warrants and Certificates trading. NYSE Euronext's offering of these products provides investors access to regulated listings as well as fast and innovative trading tools to access liquidity. As of December 30, 2009, NYSE Arca, NYSE Euronext's US market for ETFs, had 738 primary ETF and 50 primary ETV listings. Additionally, NYSE Arca listed 89 ETNs, 190 Certificates, while trading all other eligible ETPs on an Unlisted Trading Privileges basis. On its European markets, NYSE Euronext had 449 primary ETFs, 42 ETVs, 5 ETNs, with a total number of 576 listings across the European markets. In addition, NYSE Euronext listed a total of 12,762 Certificates and Covered Warrants in Paris, Amsterdam, Brussels and Lisbon.
About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading technologies. The company's exchanges in Europe and the United States trade equities, futures, options, fixed-income and exchange-traded products. With more than 8,000 listed issues, NYSE Euronext's equities markets – the New York Stock Exchange, NYSE Euronext, NYSE Amex, NYSE Alternext, and NYSE Arca – represent nearly 40 percent of the world's equities trading, 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. The company offers comprehensive commercial technology, connectivity and market data products and services through NYSE Technologies. NYSE Euronext is in the S&P 500 index, and is the only exchange operator in the S&P 100 index and Fortune 500. For more information, please visit: http://www.nyx.com
Disclaimer and Cautionary Note Regarding Forward-Looking Statements
NYSE Euronext and its affiliates do not recommend or make any representation as to possible benefits from any securities or investments, or third-party products or services. Investors should undertake their own due diligence regarding their securities and investment practices. 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.