First Trust Closed End Fund Dual Lists On NASDAQ

The Nasdaq Stock Market, Inc. (NASDAQ: NDAQ) today announced that the First Trust/Aberdeen Emerging Opportunity Fund (NASDAQ; NYSE: FEO) has dual listed on NASDAQ.

“This dual-listing speaks to an increased recognition that NASDAQ's trading platform and its dedicated market maker structure are very well suited to closed end funds,” said NASDAQ Executive Vice President Bruce Aust. “Investors in the funds can benefit from the key attributes of the NASDAQ market, which features faster speeds, greater cost efficiency, and greater certainty of execution. We are pleased that First Trust recognized these qualities when deciding to dual-list this financial product on NASDAQ.”

On average, NASDAQ-listed closed-end funds are supported by 11 market makers. Specific market makers have been designated to trade closed-end funds because of their unique expertise with these financial products.

The First Trust/Aberdeen Emerging Opportunity Fund is a diversified closed-end management investment company organized as a Massachusetts business trust. The Fund's objective is to provide a high level of total return. The fund invests at least 80% of its managed assets in a diversified portfolio of equity and fixed-income securities of issuers in emerging market countries.