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Nasdaq (Nasdaq:NDAQ), the single largest U.S. equity exchange by market share, announced nine new listings during the month of March, reinforcing itself as one of the premier listing and trading venues for exchange-traded products (ETPs). At the end of the first quarter of 2016, Nasdaq captured 42 percent of new listings and switches- exceeding all other US exchanges.
“We had solid growth in attracting issuers to list ETPs on Nasdaq this past quarter, which reflects our unwavering commitment to helping issuers grow and for their products to succeed,” said Salil Donde, Executive Vice President at Nasdaq. “As a partner to the issuer community and to help create a stronger financial ecosystem, we offer a one-stop solution for issuers as a listing venue, as well as a collaborator for index creation. The second quarter is already off to a strong start. Just last week, First Trust completed 12 new ETP and index switches with their AlphaDEX family to Nasdaq.”
In the first quarter of 2016, The Nasdaq Stock Market® captured 42 percent of new ETP listings and switches across all exchanges (25 in total). Nasdaq secured 28 percent, or 13, of new ETP launches including products from Janus and Van Eck MarketVectors, bringing Nasdaq’s total ETP listings to 243. Of Nasdaq’s 13 new ETP listings, four also track a Nasdaq index.
Nasdaq ETP Listing Highlights in March:
Nasdaq was selected as the exchange of choice for six new ETF launches:
- Eaton Vance launched two NextSharesTM funds which began trading March 30, 2016:
- Eaton Vance Global Income Builder NextShares (Nasdaq:EVGBC)
- Eaton Vance TABS 5-to-15 Year Laddered Municipal Bond NextShares (Nasdaq:EVLMC)
- Victory Capital launched a volatility weighted emerging markets ETF, managed by its CEMP investment franchise, which began trading March 23, 2016:
- Victory CEMP Emerging Market Volatility Wtd Index ETF (Nasdaq:CEZ)
- Principal launched two smart beta ETFs, both of which track our indexes March 22, 2016:
- Principal Price Setters Index ETF (Nasdaq:PSET)
- Principal Shareholder Yield Index ETF (Nasdaq:PY)
- Vanguard launched a pair of international dividend-oriented funds March 2, 2016:
- Vanguard International High Dividend Yield Index Fund (Nasdaq:VYMI)
- Vanguard International Dividend Appreciation Index Fund (Nasdaq:VIGI)
- Tracks the Nasdaq International Dividend Achievers Select Index
Additionally, Dorsey, Wright & Associates, a Nasdaq Company, was selected for two fund launches:
- Invesco PowerShares launched the PowerShares DWA Tactical Multi-Asset Income Portfolio (Nasdaq:DWIN) using Dorsey, Wright & Associates’ Relative Strength methodology
- First Trust launched the First Trust Dorsey Wright Dynamic Focus 5 ETF (Nasdaq:FVC) whose index is owned and was developed by Dorsey, Wright & Associates
For issuers who want to learn more about opportunities to list and grow on The Nasdaq Stock Market®, please visit our website or email etflistings@nasdaq.com.
