NYSE Euronext Leads in US Listings of ETPs

During the month of January, the Exchange Traded Products industry expanded on the high growth and innovation we enjoyed in 2011. NYSE Euronext continues to play a crucial role in this success, with 14 new listings in January 2012 representing a total of $69.6 million in assets under management. We are proud of our strong relationships with all 45 issuers in the space who successfully listed 297 new ETPs on the NYSE Arca all-electronic trading platform in 2011.  The number of listings was a new annual record, vastly exceeding the 220 listed in 2010.  (See the graph below for the 10 year growth of the industry).

NYSE Arca’s proven and expanding Lead Market Making Program helped maintain superior market quality for not only high and low volume securities, but also for newly launched ETPs.  New ETPs especially depend on narrow spreads and depth of book, and we provide our issuers with a choice of 12 LMM firms to maintain high quality markets for their products.  With a 6% increase in ETP trading, ETPs now represent 32% of all U.S. equity trading in traded value (see second graph below).

In 2011, we are proud of the fact that despite increased competition in the space, our ETP listings business continued to achieve record listings and see increased trading volume –v- the competition. We believe that continued success in 2011 and beyond will be driven by our compelling value proposition coupled with enhanced market structure and the unique consultative approach that we provide our valued customers.

In closing, thanks to our customers for making this another successful year.  We look forward to expanding our partnership with both new and existing issuers to list innovative products that continue to promote the growth of the ETP industry.