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NYSE Euronext (NYX) today announced launch of Van Eck’s
Market Vectors-Africa ETF on NYSE Arca. ETFs and ETNs listed on NYSE
Arca - an industry leader in ETF and ETN listings and trading -
represent 55% of ETF and ETN assets under management in the U.S., nearly
$590 billion, the most of any exchange.
Market Vectors-Africa Index ETF (NYSE Arca: AFK) allows convenient
access to a fast-growing, relatively untapped market that is becoming
increasingly sought by investors looking beyond existing international
investment opportunities. AFK is designed to track the Dow Jones Africa
Titans 50 Index, a rules based index intended to give investors access
to the overall performance of companies that are headquartered in Africa
or that generate the majority of their revenues in Africa.
As the first fully electronic platform to utilize designated liquidity
providers, NYSE Arca sets the national best bid and offer nearly 85% of
the time, leading all U.S. exchanges. NYSE Arca remains an established
leader in the ETF and ETN market place offering investors some of the
industry’s fastest and most innovative trading
tools to access liquidity. Including today’s
listings, NYSE Arca has 276 ETF primary and 76 ETN listings and trades
all other eligible ETFs on a UTP basis. NYSE Euronext remains the global
exchange of choice for Exchange-Traded Products with a total of 681
primary listings.
About NYSE Euronext
NYSE Euronext (NYX) operates the world’s
leading and most liquid exchange group, and seeks to provide the highest
levels of quality, customer choice and innovation. Its family of
exchanges, located in six countries, includes the New York Stock
Exchange, the world's largest cash equities market; Euronext, the
Eurozone's largest cash equities market; Liffe, Europe's leading
derivatives exchange by value of trading; and NYSE Arca Options, one of
the fastest growing U.S. options trading platforms. NYSE Euronext offers
a diverse array of financial products and services for issuers,
investors and financial institutions in cash equities, options and
derivatives, ETFs, bonds, market data, and commercial technology
solutions. NYSE Euronext's nearly 4,000 listed companies represent a
combined $28.5 / 18.4€ trillion (as of May
31, 2008), in total global market capitalization more than four times
that of any other exchange group. NYSE Euronext's equity exchanges
transact an average daily trading value of approximately 157.5 /103.4
billion (as of May 31, 2008), which represents more than one-third of
the world's cash equities trading. NYSE Euronext is part of the S&P 500
index and the only exchange operator in the S&P 100 index. For more
information, please visit www.nyx.com.
Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements, including
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. Such forward-looking statements include,
but are not limited to, statements concerning NYSE Euronext’s
plans, objectives, expectations and intentions and other statements that
are not historical or current facts. Forward-looking statements are
based on NYSE Euronext’s current expectations
and involve risks and uncertainties that could cause actual results to
differ materially from those expressed or implied in such
forward-looking statements. Factors that could cause NYSE Euronext’s
results to differ materially from current expectations include, but are
not limited to: NYSE Euronext’s ability to
implement its strategic initiatives, economic, political and market
conditions and fluctuations, government and industry regulation,
interest rate risk and U.S. and global competition, and other factors
detailed in NYSE Euronext’s reference document
for 2007 ("document de référence”)
filed with the French Autorité des Marchés
Financiers (Registered on May 15, 2008 under No. R. 08-054), 2007 Annual
Report on Form 10-K and other periodic reports filed with the U.S.
Securities and Exchange Commission or the French Autorité
des Marchés Financiers. In addition, these
statements are based on a number of assumptions that are subject to
change. Accordingly, actual results may be materially higher or lower
than those projected. The inclusion of such projections herein should
not be regarded as a representation by NYSE Euronext that the
projections will prove to be correct. This press release speaks only as
of this date. NYSE Euronext disclaims any duty to update the information
herein.
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