Options News
Eight ProShares Funds List on NYSE Arca
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Dec 9, 2008 - 7:14:26 PM

Eight ProShares Funds List on NYSE Arca

NYSE Euronext (NYX) announced that its fully-owned subsidiary NYSE Arca today began trading eight ProShares Funds on a listed basis.   Each of the eight ProShares Funds mentioned below began trading on NYSE Arca this morning as an exclusive primary listing. 

Names and ticker symbols of the eight ProShares Funds listing on NYSE Arca:

ProShares is one of the nation's largest providers of ETFs offering 64 ETFs that provide investors with short and leveraged exposure to a wide variety of stock and bond indexes. ProShares is part of the $25 billion ProFunds Group, the world’s largest manager of short and leveraged funds.  ProFunds Group also includes the ProFunds family of more than 115 mutual funds. Since 1997, ProFunds has provided mutual fund investors with easier access to sophisticated investment strategies, with offerings that include funds that seek to magnify daily index performance and funds that seek to increase in value when markets decline.

Background on NYSE Arca-Listed ETFs and ETNs
Exchange traded products listed on NYSE Arca represent 61% of ETF and ETN assets under management in the U.S., nearly $304 billion, the most of any exchange.  As the first fully electronic platform to utilize designated liquidity providers, NYSE Arca sets the national best bid and offer nearly 82% of the time, leading all U.S. exchanges.  NYSE Arca remains an established leader in the ETF and ETN marketplace offering investors some of the industry’s fastest and most innovative trading tools to access liquidity. Including today’s listings, NYSE Arca has 699 primary ETF listings.  Additionally, NYSE Arca lists 85 ETNs and 246 certificates and trades all other eligible ETFs on a UTP basis. 

About NYSE Euronext                                                                                     
NYSE Euronext is the world’s leading, most liquid and diverse exchange group.  It offers a broad and growing array of financial products and services in cash equities, futures, options, exchange-traded products, bonds, market data, and commercial technology solutions, all designed to meet the evolving needs of issuers, investors and financial institutions.  Spanning multiple asset classes and six countries, NYSE Euronext’s exchanges include the New York Stock Exchange, Liffe, Euronext and NYSE Arca.  With more than 6,500 listed issues, more than any other exchange group, trading on NYSE Euronext’s equity markets represents more than one-third of the world's cash equities volume.  NYSE Euronext also manages the leading European derivatives exchange by value of trading.  NYSE Euronext is part of the S&P 500 index and the only exchange operator in the S&P 100 index. 

NYSE Euronext announced trading volumes for its global cash equities and derivatives exchanges.  NYSE Euronext registered increased trading activity on U.S. cash equities and options exchanges in November and strong year-to-date volume gains across all its global multi-asset platforms. 

U.S.  cash products average daily volume increased 26% to 4.1 billion shares^:

• NYSE listed matched volume (Tape A) increased 14% to 2.6 billion shares and Tape A market share was 42.7%.
• NYSE Arca and NYSE Alternext US listed matched volume (Tape B) increased 174% to 666 million shares.
• Nasdaq listed matched volume (Tape C) decreased 4% to 374 million shares.
• Exchange-traded funds matched volume increased 94% to 672 million shares.

European cash products ADV decreased 4% to 1.5 million transactions^:

• European cash trading activity qualifying for Pack Epsilon pricing represented 34% of total transactions executed.

European derivatives products (Liffe) ADV decreased 2% to 3.7 million futures and options contracts¹.

• Total interest rate products ADV decreased 14% to 1.8 million contracts.
• Total equity products ADV increased 14% to 1.9 million contracts.   Bclear, Liffe's trade administration and clearing service, processed 775 thousand contracts per day, an increase of 92%.  

U.S. derivatives products (equity options) ADV increased 1% to 2.0 million contracts, driven by the addition of NYSE Amex equity options^.