"The listing of 20 iShares products on ArcaEx is a testament to BGI's commitment to investors," said Jerry Putnam, CEO of ArcaEx. "As our volume in ETFs demonstrates, investors have chosen to trade on a marketplace that provides fast, fair, transparent order processing and a best execution model that seeks the best price across markets."
"As a leader and innovator in the ETF marketplace, we're pleased to partner with ArcaEx, a leader and innovator in the securities market," commented Lee Kranefuss, CEO of BGI's Intermediary Business. "ArcaEx's strict price-time priority order matching levels the playing field for all participants and has made it the market of choice for investors in many of the iShares products."
The following iShares products will be listed in phases starting later in 2005 and ending in 2007.
Ticker Name
IWW iShares Russell(R) 3000 Value Index Fund
IWZ iShares Russell(R) 3000 Growth Index Fund
IWV iShares Russell(R) 3000 Index Fund
IWB iShares Russell(R) 1000 Index Fund
IWN iShares Russell(R) 2000 Value Index Fund
IWD iShares Russell(R) 1000 Value Index Fund
IWF iShares Russell(R) 1000 Growth Index Fund
IWO iShares Russell(R) 2000 Growth Index Fund
IWM iShares Russell(R) 2000 Index Fund
EZU iShares MSCI(R) EMU Index Fund
EWC iShares MSCI(R) Canada Index Fund
EWW iShares MSCI(R) Mexico Index Fund
EWA iShares MSCI(R) Australia Index Fund
EWO iShares MSCI(R) Austria Index Fund
EWG iShares MSCI(R) Germany Index Fund
ICF iShares Cohen & Steers Realty Majors
IWS iShares Russell(R) Midcap Value Index Fund
IWP iShares Russell(R) Midcap Growth Index Fund
IWR iShares Russell(R) Midcap Index Fund
IAU iShares COMEX(R) Gold Trust(1)
About ArcaEx
Archipelago Holdings Inc. (PCX: AX) operates the Archipelago Exchange (ArcaEx(R)), the first totally open all-electronic stock exchange in the United States to trade Nasdaq-listed equity securities and exchange listed equity securities, including those traded on the New York Stock Exchange(R), American Stock Exchange(R) and Pacific Exchange(R). ArcaEx offers corporate issuers and investors the advantages of meeting directly, without intermediaries within a fully electronic and totally transparent environment. ArcaEx is a facility of and regulated by the Pacific Exchange, a registered exchange. ArcaEx was approved by the Securities and Exchange Commission in October 2001 and ArcaEx began trading operations in March 2002. The Archipelago ECN, a precursor to ArcaEx, was one of the four original ECNs, formed in December 1996 with Townsend Analytics. For more information please visit http://www.arcaex.com.
Certain statements in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on Archipelago's current expectations and involve risks and uncertainties that could cause Archipelago's actual results to differ materially from those set forth in the statements. There can be no assurance that such expectations will prove to be correct. Factors that could cause Archipelago's results to differ materially from current expectations include: general economic and business conditions, industry trends, competitive conditions, regulatory developments as well as other risks or factors identified in the Company's filings with the Securities Exchange Commission, including its Report on Form 10-K for the fiscal year ending December 31, 2004 which is available on the Company's website at http://www.archipelago.com. You should not place undue reliance on forward- looking statements, which speak only as of the date of this press release. Except for any obligation to disclose material information under the Federal securities laws, Archipelago undertakes no obligation to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date of this press release.
