The Latest Posts
September 2, 2014
ETP Landscape
Mar 11 2013 | 6:01 AM

Pictured (left to right): Holly Lai, Sudhir Bhattacharyya, Mike Cavalier, Phil Bak, Wendy Wu, Karen Jamin, Dwijen Gandhi,  Jim Cemprola, Ryan Kirlin, Laura Morrison, Prashanth Srinivasan,  Ray Villamil, Jay Jacobs, Maital Dahan, Nick Aninos, Joyce Smith, Tom Champion.  Not pictured:  Shishir Gupta, Martha Redding, Katrina Clay, Tom Rhodes.

The NYSE Euronext U.S. Exchange Traded Products and Index Team is comprised of over 20 individuals with proven experience and expertise in listings, indexing, trading, legal services, marketing, and communications. Whether consulting with an issuer in preparing a new product launch, or developing market structure enhancements, we leverage the full power and diversity of our team to innovate, lead and enhance the ETP industry.

We realize that each issuer, ETP, and index is...

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Posted by: NYSE ETP Staff
NYSE Events
Mar 11 2013 | 6:00 AM

Laura V. Morrison is Senior Vice President of Global Index and Exchange Traded Products for NYSE Euronext. In this capacity, Laura is responsible for driving the expansion of trading and listing services for Exchange Traded Products (ETP) in the United States.

As we celebrate the 20th year milestone of the U.S. Exchange Traded Products Industry, we would like to show our appreciation to our issuers, market makers, and everyone who has contributed to its tremendous growth and success.

Throughout the years, we have been extremely fortunate to have had the opportunity to help pave the way for the marketplace by providing and promoting innovative solutions that changed the way investors view financial investments. We have launched over 1,500 ETP products representing over $1.34 trillion in assets under management and...

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Amsterdam Gong
Mar 11 2013 | 5:25 AM

Oranje Fonds sounds the gong to launch ‘NLdoet’ coming weekend. During NLdoet, volunteers help over 8.000 organizations with painting, cleaning, building or giving attention to people who need it.

Also a special campaign is organized on the occasion of the upcoming inauguration of the Prince of Orange and Princess Máxima. Oranje Fonds will search throughout the Kingdom for the most precious, successful and interesting social initiatives, the ‘Kroonappels’. On the 15th, 16th, and 17th of march, all inhabitants of The Netherlands can vote on their favorite contestants. Ronald van der Giessen,  CEO Oranje Fonds, sounds the gong.

For more information: www.oranjefonds.nl

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ETP Landscape
Mar 11 2013 | 12:11 AM

Market Wide Circuit Breakers (MWCB) will be implemented on April 8th, 2013 (date pending SEC approval). Under the current criteria, there would be a market halt of 30 minutes, should the Dow Jones Industrial Average change by approximately 1300 points. Under the new criteria, a 15 minute halt will be instituted should the S&P 500 change by more than 100 points (approximately). Here is the summary of changes to the MWCB from Colin Clark’s blog “Updating the Market-Wide Circuit Breaker” (see also the SEC Approval Order)

  • The DJIA index will be replaced with the S&P 500 index for determining whether circuit breaks are triggered
  • The markets will be halted based on a decline of 7% rather than 10%
  • The percentage decline calculation will be based on the change from...
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Posted by: NYSE ETP Staff
ETP Landscape
Mar 11 2013 | 12:03 AM

The Plan to Address Extraordinary Market Volatility, also known as Limit Up/Limit Down (LULD), will begin its pilot period in 2013. LULD requirements are designed to prevent trades in individual securities from occurring outside of the specified Price Bands, across all US markets, while allowing the product to continue to trade. It is replacing the current system of single-stock circuit breakers that was established in 2010. Phase I of the one-year LULD  pilot will begin on April 8th, 2013 (start date is pending SEC approval).

Here is a brief summary of how LULD will work [1]

  • For each security, a Reference Price and Percentage Parameter will be used to establish lower and upper bands through which trading will not take place.
  • The security price used to determine the applicable...
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Posted by: NYSE ETP Staff