The American Stock Exchange announced that it launched trading in the SPDR S&P Emerging Markets Small Cap ETF (Amex: EWX), issued by State Street Global Advisors (SSgA) on May 16, 2008.
EWX aims to track the total return performance of the S&P/Citigroup Emerging Market (less than) US$2 billion Index. The Index is a float adjusted, market cap weighted index that represents the small capitalization segment of emerging countries included in the BMI Global Equity Index. The BMI Global Equity Index captures the full universe of institutionally investable stocks in developed and emerging markets with float-adjusted market capitalizations of at least $100 million.
"Amex and State Street share a commitment to bringing new and innovative products to the ETF marketplace," said Scott Ebner, Senior Vice President of the Amex ETF Marketplace. "We are proud to have been chosen to list EWX, which offers investors exposure to the small-cap segment of global emerging markets." -- www.amex.com
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