NEW YORK, Jan. 31, 2007 (PRIME NEWSWIRE) -- E-TRADE FINANCIAL (Nasdaq:ETFC) has become a component of the NASDAQ Financial-100 Index(r) (Nasdaq:IXFIN), effective prior to market open on January 30, 2007. E-TRADE FINANCIAL replaced Charter Financial Corporation (Nasdaq:CHFN).
"We are tremendously excited that an innovative leader in the financial services industry such as E-TRADE FINANCIAL has been included in the NASDAQ Financial-100 Index," said NASDAQ executive vice president Bruce Aust.
With a market capitalization of approximately $10.1 billion, E-TRADE FINANCIAL provides financial services including trading, investing, banking and lending for retail and institutional customers.
E-TRADE FINANCIAL listed its common stock on the NASDAQ(r) Global Select Market on December 27, 2006. The Company also listed certain mandatory convertible notes known as Equity Units on NASDAQ under the symbol ETFCP.
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