-First Vanguard Listings on NYSE Arca-
Vanguard Lists Three Mega Cap 300 ETFs on NYSE Arca
NEW YORK , Dec. 21, 2007 – NYSE Euronext (NYSE Euronext: NYX) today announced that three Vanguard Mega Cap 300 exchange traded funds (ETFs) listed and began trading on NYSE Arca.
Vanguard Mega Cap 300 ETF (NYSE Arca: MGC)-Tracks the performance of the MSCI Large Cap 300 Index.
Vanguard Mega Cap 300 Growth ETF (NYSE Arca: MGK) - Tracks the performance of the MSCI 300 Large Cap Growth Index.
Vanguard Mega Cap 300 Value ETF (NYSE Arca: MGV) - Tracks the performance of the MSCI 300 Large Cap Value Index.
"We are very excited to welcome our first Vanguard listings to NYSE Euronext," said NYSE Group Senior Vice President, Exchange Traded Funds and Indexes, Lisa Dallmer. "These three Mega Cap ETFs broaden Vanguard's domestic equity ETF line-up and offer investors a full suite of choices. Our partnership with Vanguard is a complement to our services and NYSE Euronext's firm commitment to offering investors access to the widest range of products available through NYSE Arca's advanced market model for ETF trading."
Including today’s listings, NYSE Group markets have 235 primary ETF listings and trade all other eligible ETFs on a UTP basis. Through the first three quarters of 2007, NYSE Arca handled 41% of all ETF shares traded in the U.S. market. As the largest public liquidity pool for ETF trading, NYSE Euronext is committed to offering investors the most innovative new investment options with superior pricing and market quality.
For more information on the NYSE Family of indexes, please see the link below for details.
About NYSE Euronext
NYSE Euronext, a holding company created by the combination of NYSE Group, Inc. and Euronext N.V., commenced trading on April 4, 2007 . NYSE Euronext (NYSE Euronext: NYX) operates the world’s largest and most liquid exchange group and offers the most diverse array of financial products and services. NYSE Euronext, which brings together six cash equities exchanges in five countries and six derivatives exchanges in six countries, is a world leader for listings, trading in cash equities, equity and interest rate derivatives, bonds and the distribution of market data. Representing a combined $30.3 trillion/€21.3 trillion total market capitalization of listed companies and average daily trading value of approximately $139 billion/€103 billion (as of September 30, 2007), NYSE Euronext seeks to provide the highest standards of market quality and integrity, innovative products and services to investors, issuers, and all users of its markets. NYSE Euronext is part of the S&P 500 and S&P 100 indexes.
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 2006 ("document de référence") filed with the French Autorité des Marchés Financiers (Registered on June 6, 2007 under No. R.07-0089), 2006 Annual Report on Form 10-K, as amended, 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.