NYSE Euronext has announced that the WisdomTree India Earnings Fund, listed under the ticker symbol EPI, has begun trading on NYSE Arca.
NYSE Euronext has announced that the WisdomTree India Earnings Fund, listed under the ticker symbol EPI, has begun trading on NYSE Arca.
EPI is designed to track the performance of approximately 150 Indian companies included in the WisdomTree India Earnings Index on the annual index screening date. As the first ETF to offer pure exposure to local Indian securities, the WisdomTree India Earnings Fund grants investors access to a growing marketplace.
“We are very excited to add another innovative WisdomTree ETF to NYSE Arca, the first India ETF, EPI, to track local Indian securities, many of which are also listing on NYSE Euronext” says senior vice president, ETFs and indices, Lisa Dallmer.
“The listing is consistent with our view on the growing importance of Indian companies and the capital formation process in India demonstrated by our investments in the Multi Commodity Exchange of India, and India’s National Stock Exchange to advance our competitive position in India and throughout the region.”
Including this latest listing, NYSE Arca markets have 245 primary ETF and 27 ETNs listings and trade all other eligible ETFs on a UTP basis.
In 2007, NYSE Arca added 122 new ETFs and ETNs to its roster of primary listings, including a record 101 IPOs. For the full-year 2007, NYSE Arca was the primary listing exchange of choice with a total of 261 ETFs and ETNs listed and USD340bn assets under management.
NYSE Euronext 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, include 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 USD30.5trn/EUR20.9trn in total global market capitalisation (as of December 31, 2007), more than four times that of any other exchange group.
NYSE Euronext’s equity exchanges transact an average daily trading value of approximately USD141bn/EUR103bn (as of Dec. 31, 2007), which represents more than one-third of the world’s cash equity trading. NYSE Euronext is part of the S&P 500 index and the only exchange operator in the S&P 100 index.
