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Nasdaq Stock Market welcomes seven new ETPs in Q1


Nasdaq has received seven new exchange-traded product (ETP) listings from five different issuers during the first quarter of 2017.

The exchange now has a total of 332 products listed from 39 unique issuers as of 31 March  2017, representing a 38 per cent increase in products versus the first quarter of 2016.
Paul Roland, associate vice president at Nasdaq, has been appointed to lead the US ETP listings business. He will report to Tal Cohen, senior vice president and head of North American equities. Roland continues to be responsible for product development and market structure initiatives and will now also help issuers launch, list and trade products. He has more than 15 years’ experience in the financial sector with roles at Vanguard, the Philadelphia Stock Exchange – prior to its acquisition by Nasdaq – and Bloomberg.
“Paul’s wealth of trading experience coupled with his deep understanding of the ETP landscape will be a valuable asset as we continue to grow the team to strengthen existing and build new issuer relationships in 2017 and beyond,” says Cohen. “Several innovative ETPs listed on Nasdaq in the quarter and we continue focusing our efforts on being the exchange of choice and supporting products of all types.”

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