NEW YORK , June 22, 2010 –- NYSE Euronext (NYX) announced that its wholly-owned subsidiary, NYSE Arca, today began trading the Global X Brazil Mid Cap ETF(Ticker: BRAZ). The ETF is sponsored by Global X Funds.
Global X Funds Lists Global X Brazil Mid Cap ETF on NYSE Arca
The fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Brazil Mid Cap Index. The index is designed to reflect the performance of Brazilian mid cap companies. It is comprised of the 40 highest ranked companies whose market capitalization is less than $ 10 billion as of the date of its inclusion in the index. The index is comprised of companies that are domiciled or have their main business operations in Brazil . The stocks are screened for liquidity and weighted according to free-float market capitalization. The index is maintained by Structured Solutions AG.
Background on Exchange Traded Products (ETPs) on NYSE Euronext
NYSE Euronext operates the world's largest Exchange Traded Products marketplace, and is the leading venue for Exchange Traded Funds (ETFs), Exchange Traded Notes (ETNs), Exchange Traded Vehicles (ETVs) and Warrants and Certificates trading. NYSE Euronext's offering of these products provides investors access to regulated listings as well as fast and innovative trading tools to access liquidity. NYSE Arca, NYSE Euronext's US market for ETFs, has 790 primary ETF and 53 primary ETV listings. Additionally, NYSE Arca lists 95 ETNs, 146 Certificates, while trading all other eligible ETPs on an Unlisted Trading Privileges basis. On its European markets, including cross-listings, NYSE Euronext has 529 primary ETFs, 74 ETVs, 5 ETNs, with a total number of 608 listings across the European markets. In addition, NYSE Euronext lists a total of 14,309 Certificates and Covered Warrants in Paris , Amsterdam , Brussels and Lisbon .
About Global X Funds (Source: Global X Funds)
Global X Funds is one of the most innovative and fastest growing ETF providers. This growth follows the launch of a family of China sector-specific ETFs and Silver and Copper miners ETFs. Global X Funds will continue to bring innovative tools to investors as indicated by recent filings with the SEC which include a family of Brazil sector ETFs as well as Lithium, Uranium, and Aluminum ETFs among others.
About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading technologies. The company's exchanges in Europe and the United States trade equities, futures, options, fixed-income and exchange-traded products. With more than 8,000 listed issues, NYSE Euronext's equities markets – the New York Stock Exchange, NYSE Euronext, NYSE Amex, NYSE Alternext and NYSE Arca – represent nearly 40 percent of the world's equities trading, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, the leading European derivatives business and the world's second-largest derivatives business by value of trading. The company offers comprehensive commercial technology, connectivity and market data products and services through NYSE Technologies. NYSE Euronext is in the S&P 500 index, and is the only exchange operator in the S&P 100 index and Fortune 500. For more information, please visit: http://www.nyx.com.
NYSE Euronext and its affiliates do not recommend or make any representation as to possible benefits from any securities or investments, or third-party products or services. Investors should undertake their own due diligence regarding their securities and investment practices. This press release speaks only as of this date. NYSE Euronext disclaims any duty to update the information herein.