NEW YORK, Aug. 15, 2008 (PRIME NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced that The NASDAQ Stock Market(r) (NASDAQ(r)) has listed a new exchange traded fund (ETF) sponsored by Barclays Global Investors, N.A. (BGI).
Effective today, NASDAQ listed the iShares MSCI All Country Asia ex Japan Index Fund (Nasdaq:AAXJ). The Fund is based on the MSCI All Country Asia ex Japan Index which consists of the following 11 developed and emerging market country indices: China, Hong Kong, India, Indonesia, Korea, Malaysia, Pakistan, Philippines, Singapore, Taiwan, and Thailand.
The iShares MSCI All Country Asia ex Japan Index Fund is the seventh iShares ETF to list on NASDAQ in 2008, compared to 5 iShares ETF listings in all of 2007.
"We are pleased to list another innovative product developed by Barclays Global Investors, a proven leader in creating investment solutions for institutional and individual investors," said John Jacobs, Executive Vice President, NASDAQ OMX Global Financial Products. "NASDAQ is committed to providing this new iShares ETF with high levels of visibility and liquidity."
NASDAQ is the most liquid U.S. market for ETFs, capturing 38.1% of all U.S. ETF volume in July. Average daily matched share volume in July was a record 640 million, more than any other U.S. exchange.
Through NASDAQ OMX Global Financial Products (GFP), NASDAQ OMX(sm) is engaged in the design, development, calculation, dissemination, licensing, and marketing of NASDAQ OMX indexes. GFP specializes in the development of indexes focusing on NASDAQ OMX's brand themes of innovation, technology, growth, and globalization. NASDAQ OMX indexes are the basis of 24 ETFs worldwide with $24.5 billion under management. The NASDAQ-100 Index(r) alone is the basis of more than 600 investment products in more than 30 countries. For more information about NASDAQ OMX indexes, visit www.nasdaq.com/indexes.
For more information about the NASDAQ ETF Market, please contact Richard Keary, NASDAQ New Listings, at +212.401.8903 or richard.keary@nasdaqomx.com or NASDAQ Market Sales at 800.846.0047 or Sales@NASDAQOMX.com.
For more information about the iShares MSCI All Country Asia ex Japan Index Fund ETF, please visit http://us.ishares.com/product_info/fund/overview/AAXJ.htm.
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, and with over 3,900 companies, it is number one in worldwide listings among major markets. NASDAQ OMX Group offers multiple capital raising solutions to companies around the globe, including its U.S. listings market; the OMX Nordic Exchange, including First North; and the 144A PORTAL Market. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and ETFs. NASDAQ OMX Group technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. OMX Nordic Exchange is not a legal entity but describes the common offering from NASDAQ OMX Group exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit www.nasdaqomx.com.
Cautionary Note Regarding Forward-Looking Statements
The matters described herein may 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.
Neither The NASDAQ OMX Group, Inc. nor any of its affiliates (collectively "NASDAQ OMX") makes any recommendation to buy or sell any security. The iShares MSCI All Country Asia ex Japan Index Fund has not been passed on by NASDAQ OMX as to its legality or suitability. The iShares MSCI All Country Asia ex Japan Index Fund is not issued, endorsed or sold by the NASDAQ OMX. NASDAQ OMX MAKES NO WARRANTIES AND BEARS NO LIABILITY WITH RESPECT TO THE PRODUCT. Investors should undertake their own due diligence before investing.
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