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The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced that The NASDAQ Stock Market(r) (NASDAQ(r)) has listed a new exchange traded fund (ETF) sponsored by Barclays Global Investors, N.A. (BGI).
Effective today, NASDAQ listed the iShares MSCI All Country Asia ex Japan Index Fund (Nasdaq:AAXJ). The Fund is based on the MSCI All Country Asia ex Japan Index which consists of the following 11 developed and emerging market country indices: China, Hong Kong, India, Indonesia, Korea, Malaysia, Pakistan, Philippines, Singapore, Taiwan, and Thailand.
The iShares MSCI All Country Asia ex Japan Index Fund is the seventh iShares ETF to list on NASDAQ in 2008, compared to 5 iShares ETF listings in all of 2007.
"We are pleased to list another innovative product developed by Barclays Global Investors, a proven leader in creating investment solutions for institutional and individual investors," said John Jacobs, Executive Vice President, NASDAQ OMX Global Financial Products. "NASDAQ is committed to providing this new iShares ETF with high levels of visibility and liquidity."
NASDAQ is the most liquid U.S. market for ETFs, capturing 38.1% of all U.S. ETF volume in July. Average daily matched share volume in July was a record 640 million, more than any other U.S. exchange.
Through NASDAQ OMX Global Financial Products (GFP), NASDAQ OMX(sm) is engaged in the design, development, calculation, dissemination, licensing, and marketing of NASDAQ OMX indexes. GFP specializes in the development of indexes focusing on NASDAQ OMX's brand themes of innovation, technology, growth, and globalization. NASDAQ OMX indexes are the basis of 24 ETFs worldwide with $24.5 billion under management. The NASDAQ-100 Index(r) alone is the basis of more than 600 investment products in more than 30 countries. For more information about NASDAQ OMX indexes, visit www.nasdaq.com/indexes.
