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Bats, a CBOE Holdings, Inc. company, and a leading market for exchange-traded product (ETP) trading globally, today welcomed new issuer Goldman Sachs Asset Management, L.P. (“GSAM”) to the Bats ETF Marketplace, with the listing of one fund.
The Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (Bats: GSEW) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive U.S. Large Cap Equal Weight Index. The Index consists of equity securities of large capitalization U.S. issuers. The Index is an equal-weight version of the Solactive U.S. Large Cap Index, a market capitalization-weighted index that includes equity securities of approximately 500 of the largest U.S. companies.
More information is available at GSAMFUNDS.com.
Laura Morrison, Senior Vice President, Global Head of Exchange-Traded Products at Bats, said: “The success of any listings venue is the mix and variety of firms it can attract as issuers. That mix should comprise of established players and new upstarts, focusing on products that have everything from a broad to discrete focus. With that in mind, I’m delighted to welcome Goldman Sachs Asset Management, universally considered a world-leader in investment and advisory solutions, and GSEW, to the Bats ETF Marketplace today.”
Year-to-date, Bats has welcomed 95 ETFs to its U.S. market. In the second quarter of 2017, Bats welcomed a total of 26 ETFs to the Bats ETF Marketplace, and year-to-date has won 36 percent of all new U.S. ETF listings. There are now 227 ETFs listed on Bats ETF Marketplace, from 40 different issuers.
Additional information regarding listing and trading on the Bats ETF Marketplace is available on ETFMarketplace.com. Firms interested in listing products with Bats may email listings@bats.com.
