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NYSE Euronext U.S. Exchanges (NYX) recently received Structured Product Magazine’s 2008 “Exchange of the Year Award” at the Structured Products Americas Conference in Coral Gables, Fla. The “Exchange of the Year” is presented annually to recognize the most innovative and dedicated exchange serving structured-product issuers and investors.
“NYSE Euronext is honored to receive this award highlighting our special achievements and our commitment to serving ETN issuers and investors. Being recognized globally among our many great peers is particularly gratifying and we are proud to help pioneer the Exchange Traded Notes marketplace. Our gratitude is to our clients,” said Lisa Dallmer, Senior Vice President, ETFs and Indexes. “The NYSE Euronext U.S. Structured Products team is extremely focused on working closely with our client’s constant innovation of marketable investment vehicles and cooperating with the SEC to facilitate the growth of these innovations in structured products.”
With 55 ETN listings valued at $5.9 billion and 9 ETN issuers including Barclays iPath® ETNs, ELEMENTSSM ETNs, Deutsche Bank Commodity ETNs, UBS E-TRACS ETNs, MarketVectors ETNs issued by Morgan Stanley, GS ConnectTM ETNs, and Lehman Opta ETNs, NYSE Euronext’s U.S. exchanges trade more ETN shares than any other market with 57.7% market share of trading year to date. As the leader in the structured products marketplace, NYSE Euronext offers investors some of the industry’s fastest and most attractive trading tools to access liquidity.
NYSE Euronext U.S. Exchanges also facilitate listings in structured products designed to optimize the capital structure of many public companies. So far this year, NYSE Euronext’s U.S. exchanges have listed 20 corporate structured products, which typically trade side-by-side with their public company listing on the New York Stock Exchange for effective pricing in the market.
About NYSE Euronext
NYSE Euronext (NYX) operates the world’s leading and most liquid exchange group, and seeks to provide the highest levels of quality, customer choice and innovation. Its family of exchanges, located in six countries, includes the New York Stock Exchange, the world's largest cash equities market; Euronext, the Eurozone's largest cash equities market; Liffe, Europe's leading derivatives exchange by value of trading; and NYSE Arca Options, one of the fastest growing U.S. options trading platforms. NYSE Euronext offers a diverse array of financial products and services for issuers, investors and financial institutions in cash equities, options and derivatives, ETFs, bonds, market data, and commercial technology solutions. NYSE Euronext's nearly 4,000 listed companies represent a combined $ 30.9/ € 19.8 trillion in total global market capitalization (as of April 30, 2008 ), more than four times that of any other exchange group. NYSE Euronext's equity exchanges transact an average daily trading value of approximately $161.9 / €106.9 billion (as of April 30, 2008 ), which represents more than one-third of the world's cash equities trading. NYSE Euronext is part of the S&P 500 index and the only exchange operator in the S&P 100 index. For more information, please visit www.nyx.com.
