“We are delighted that BGI has chosen the New York Stock Exchange as the largest market for listing iShares funds, and we are extremely proud of our growing partnership with BGI,” said NYSE CEO John A. Thain. “The New York Stock Exchange is committed to offering investors the highest level of market quality as well as the broadest array of investment offerings, and BGI’s decision is an affirmation of that commitment.”
“iShares has been a pioneer in the ETF market. In concert with the NYSE, we have successfully offered investors a number of diverse products that are some of the fastest growing ETFs in the U.S.,” said Lee Kranefuss, CEO of Barclays Global Investors’ Intermediary Business. “We’re pleased to strengthen our partnership with the Big Board, which has demonstrated its continued leadership in the securities markets and strong commitment to supporting the growing iShares Fund family and its investors.”
The 61 iShares ETFs will list on the NYSE in three tranches, beginning in 2005 and continuing through 2007. They will build on an already-growing current base of 19 listed ETFs at the NYSE, including GLD, DVY, TIP and the NYSE-based U.S. 100 and Composite Index funds, NY and NYC. Creating and maintaining a highly competitive market and effective pricing system has made the Exchange the market of choice for the majority of the $140 billion iShares list.
iShares is a registered trademark of Barclays Global Investors, N.A. iShares Funds (including DVY, TIP, NY and NYC, but not including GLD) are distributed by SEI Investments Distribution Co. iShares are not sponsored, offered or sold by the New York Stock Exchange, Inc. New York Stock Exchange, Inc. does not make any representation regarding the advisability of investing in the iShares Funds.
Click here for a complete list of iShares transfers to the NYSE.
