Nasdaq announced 14 new exchange-traded product (ETP) listings from five issuers during the second quarter of 2017 and now has a total of 348 products listed from 39 issuers as of 30 June, 2017.
Overall, Nasdaq listed ETPs gained more than USD20 billion in new assets between the first quarter and second quarter of 2017, of which, USD1 billion in asset growth can be attributed to 2016’s newly listed products.
“As new products come to market, we continue to see excitement around the evolution and value of ETP technology and are dedicated to supporting issuers and the market making community through transparency and innovation,” says Paul Roland, Head of US ETP Listings at Nasdaq. “Our focus remains firm that we want to be at the forefront supporting ETP growth through our commitment to improve the overall ecosystem across both regulatory and market structure initiatives.”