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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 OppenheimerFunds to the Bats ETF Marketplace, with the listing of three revenue-weighted funds.
The funds include:
- The Oppenheimer Emerging Markets Revenue ETF (Bats: REEM), which seeks to outperform the total return performance of the MSCI Emerging Markets Index;
- The Oppenheimer Global Revenue ETF (Bats: RGLB), which seeks to outperform the total return performance of the MSCI ACWI Index; and
- The Oppenheimer International Revenue ETF (Bats: REFA), which seeks to outperform the total return performance of the MSCI EAFE Index.
More information is available here.
Laura Morrison, Senior Vice President, Global Head of Exchange-Traded Products at Bats, said: “OppenheimerFunds has made revenue weighted ETFs their specialty, and for good reason: focusing on revenue gives a solid indicator of an index’s real economic footprint. By packaging such strategies into exchange-traded products, Oppenheimer is increasing investor access to global growth markets in a cost-competitive manner, and we are delighted they’ll be joining the Bats ETF Marketplace.”
Year-to-date, Bats has welcomed 51 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 38 percent of all new U.S. ETF listings. There are now 191 ETFs listed on Bats ETF Marketplace, from 36 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.
