NYSE Euronext (NYX) today announced that the iShares S&P 100 Index ETF (NYSE Arca: OEF) transferred to the NYSE Arca listing platform from the CBOE. As an industry leader in ETF and ETN listings and trading, exchange traded products listed on NYSE Arca represent 53% of ETF and ETN assets under management in the U.S., nearly $597 billion, the most of any exchange.
"We are delighted to have the iShares S&P 100 Index Fund transfer to NYSE Arca,” said Lisa M. Dallmer, SVP, Global Index and Exchange Traded Products, NYSE Euronext. “This ETF listing on NYSE Arca provides another opportunity for investors to broaden their portfolio to track the components of S&P 100.”
S&P is the index provider for the underlying index and Barclays Global Investors is the sponsor of this ETF. The fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P 100 Index (the “Index”). The Index measures the performance of the large capitalization sector of US equity market. It is a subset of the S&P 500 Index and consists of blue chip stocks from diverse industries in the S&P 500 Index.
Background on NYSE Arca-Listed ETFs and ETNS
As the first fully electronic platform to utilize designated liquidity providers, NYSE Arca sets the national best bid and offer nearly 86% of the time, leading all U.S. exchanges. NYSE Arca remains an established leader in the ETF and ETN marketplace offering investors some of the industry’s fastest and most innovative trading tools to access liquidity. Including today’s listings, NYSE Arca has 292 primary ETF, 80 ETN and 12 other exchange traded product listings and trades all other eligible ETFs on a UTP basis. In 2007, NYSE Arca added 101 new ETFs and ETNs to its roster of primary listings, including a record 80 IPOs. -- www.nyse.com
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