Stockholm, September 14, 2010 — NASDAQ OMX today starts trading in a range of
exchange traded funds (ETFs) from UBS. The now launched ETFs will track global
and regional developed indexes and will be traded at NASDAQ OMX Stockholm.
Additional ETFs from UBS have been registered for distribution in Sweden and
will be available in due course.
Jenny Rosberg, Senior Vice President at NASDAQ OMX said, “UBS's entry into the
Nordic ETF market will significantly strengthen NASDAQ OMX's offering to local
as well as international investor communities. ETFs are becoming an increasingly
popular instrument both among institutional and private investors, and since
2008 we have grown our number of listed ETFs more than seven times, today
offering trading in more than 50 products.”
Frank Müsel, Senior Product Manager of ETFs at UBS Global Asset Management,
said, “We are delighted to be entering the Swedish ETF market at this early
stage and thereby increase the ETF choice for Swedish investors. We are seeing
increasing demand from investors across Europe for ETFs and are confident that
this will also be the trend in Sweden.”
UBS is the second foreign asset manager to list ETFs in Sweden. The new ETFs now
issued by UBS track the following indexes:
UBS-ETF EURO STOXX 50 A
UBS-ETF MSCI World A
UBS-ETF MSCI Europe A
UBS-ETF MSCI Pacific (ex Japan) A
UBS-ETF MSCI USA A
UBS-ETF MSCI Japan A
Commerzbank will act as market maker to provide liquidity.
About Exchange Traded Funds
An Exchange Traded Fund (ETF) is a security that tracks an index, a commodity or
a basket of assets like an index fund, but trades like a stock on an
exchange. ETFs are a complement to actively managed funds and provide investors
with the possibility to invest in well known global indices in the local
currency.
About NASDAQ OMX
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers
trading, exchange technology and public company services across six continents,
with approximately 3,600 listed companies. NASDAQ OMX offers multiple capital
raising solutions to companies around the globe, including its U.S. listings
market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the
U.S. 144A sector. The company offers trading across multiple asset classes
including equities, derivatives, debt, commodities, structured products and
exchange-traded funds. NASDAQ OMX technology supports the operations of over 70
exchanges, clearing organizations and central securities depositories in more
than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal
entities but describe the common offering from NASDAQ OMX exchanges in Helsinki,
Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information
about NASDAQ OMX, visit http://www.nasdaqomx.com.
Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are made
under the Safe Harbor provisions of the Private Securities Litigation Reform Act
of 1995. These statements include, but are not limited to, statements about
NASDAQ OMX's products and offerings. We caution that these statements are not
guarantees of future performance. Actual results may differ materially from
those expressed or implied in the forward-looking statements. Forward-looking
statements involve a number of risks, uncertainties or other factors beyond
NASDAQ OMX's control. These factors include, but are not limited to factors
detailed in NASDAQ OMX's annual report on Form 10-K, and periodic reports filed
with the U.S. Securities and Exchange Commission. We undertake no obligation to
release any revisions to any forward-looking statements.
- # -
Media Contacts:
Carl Norell
+46 8 405 66 39
carl.norell@nasdaqomx.com