NEW YORK, Nov. 30, 2005 – The New York Stock Exchange announced today the immediate transfer of 40 iShares exchange traded funds to the NYSE from the American Stock Exchange.
On July 20, 2005 Barclays Global Investors announced an agreement to transfer 61 iShares ETFs to the NYSE in three phases, over a two-year period. Today’s landmark 40 listings represent the first of those phases, with an additional 16 following in 2006 and the final five in 2007. By adding 40 iShares to the 19 existing NYSE-listed iShares ETFs, these transfers mark a significant step for the NYSE, making it the largest listing venue for the complete iShares list and a leader in overall ETF listings.
“The Exchange is fully committed to expanding its presence in the growing ETF market and becoming the world’s foremost multi-asset class marketplace. This first set of transfers clearly demonstrates our goal is becoming reality,” said NYSE CEO John A. Thain. “We are proud to continue our strong partnership with BGI by bringing investors innovative and diverse investment vehicles.”
The addition of these 40 products further strengthens the growing list of 22 NYSE-listed ETFs to 62 products, including GLD, DVY, TIP and the NYSE-based U.S. 100 and Composite Index funds, NY and NYC. The Exchange also trades 47 ETFs on a UTP basis. The New York Stock Exchange continues to build scale in the ETF arena by trading the most innovative ETFs, structured products and other derivative securities.
iShares is a registered trademark of Barclays Global Investors, N.A. iShares Funds (including DVY, TIP, NY and NYC) are distributed by SEI Investments Distribution Co. iShares are not sponsored, offered or sold by the New York Stock Exchange, Inc. New York Stock Exchange, Inc. does not make any representation regarding the advisability of investing in the iShares Funds.