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For the second consecutive year, NYSE Euronext’s U.S. exchange group has received Structured Products Magazine’s “Exchange of the Year Award”, presented at the Structured Products Americas Conference in Coral Gables, Fla. The “Exchange of the Year” award is presented annually to the most innovative and dedicated U.S. exchange serving structured-product issuers and investors.
NYSE Euronext manages the listing and trading of different types of structured products on NYSE Euronext’s U.S. markets, through its Exchange Traded Products group and through its Capital Markets group.
NYSE Euronext’s Exchange Traded Products group is a leader in the structured products marketplace with 85 ETN listings valued at $4.9 billion and 9 ETN issuers including Barclays iPath® ETNs, ELEMENTS ETNs, Deutsche Bank Commodity ETNs, UBS E-TRACS ETNs, MarketVectors ETNs issued by Morgan Stanley, and GS ConnectTM ETNs. NYSE Euronext offers investors some of the industry’s fastest and most attractive trading tools to access liquidity. NYSE Arca lists over 1,000 Exchange Traded Products, representing 79% of all assets under management in this sector. In 2009 and with the successful integration of 220 AMEX-listed equity and index linked certificates on NYSE Arca utilizing the Lead Market Maker, 99% of issuers chose to transfer their listings to NYSE Arca.
“NYSE Euronext’s Exchange Traded Products group is honored to receive both these awards, underscoring our commitment to bringing innovative and uniquely designed global product offerings to our issuers and investors,” said Lisa Dallmer, NYSE Euronext Senior Vice President, Exchange Traded Products and Global Indexes. “NYSE Euronext operates a market model that sets the industry standard in technology and market quality in the fast-growing Exchange Traded Products space.”
NYSE Euronext Capital Markets Group facilitates listings in structured products designed to optimize the capital structure of many public companies. The corporate structured products typically trade side-by-side with their public company listing on the New York Stock Exchange for effective pricing in the market. The NYSE has over 400 hybrid securities listed with a total value of $200 billion. In 2009 to date, NYSE Euronext’s has listed 7 corporate structured products with an aggregate value of $2.1 billion on its U.S. exchange for corporate Structured Products, the NYSE.
"The NYSE's Capital Markets Group is appreciative of the award and the recognition of our dedication to issuers, advisors, and investors,” said Scott Cutler, Executive Vice President, Global Corporate Client Group. “Last year, we rolled out the "Next Generation" market model, utilizing a combination of market professionals and technology to provide customers with the highest levels of market quality and competitiveness. We are proud that a majority share of corporate Structured Products order flow is executed on the NYSE trading floor, where market quality is aided by Designated Market Makers."
NYSE Euronext U.S. Exchange--Winner: 5th Annual Global ETF Awards
NYSE Euronext’s U.S. exchange also earned two 1st place awards at the 5th annual Global ETF Awards held in New York City this past April for “Most Proactive ETF Exchange – The Americas” and “The Exchange that has the Largest Number of Primary Listings.” The Global ETF AWARDS®, hosted by exchangetradedfunds.com, are to recognize those who have contributed to the development of the ETF industry worldwide and to allow ETF participants from the international community to discuss their respective markets. The Global ETF Awards provide an opportunity for industry professionals worldwide to be recognized for their contributions to the growth of the ETF marketplace. Award categories included Greatest Contribution to the ETF Industry, Best Research, Largest Growth of Assets under Management, among others.
