Tuesday, August 12, 2014

Equity Trader Alert #2014 - 65
NASDAQ to Begin Listing First Trust ETF on Thursday, August 14, 2014


  • Listing

Markets Impacted:

Contact Information:


Effective Thursday, August 14, 2014, NASDAQ will list one new ETF:

  • First Trust Strategic Income ETF (Symbol: FDIV)

The new ETF will be designated as a NASDAQ Global MarketSM security.

ETF Data Dissemination

Quotation and trade data for NASDAQ-listed ETFs are disseminated via UTP Level 1, NASDAQ Basic, NASDAQ Level 2 and NASDAQ TotalView® using the trading symbols listed below.

Disseminating of the daily valuation information for the Fund will begin on August 14, 2014. These daily valuations will be widely disseminated and broadly displayed through major index service providers such as NASDAQ OMX's proprietary index data services or other major market proprietary index services. The following data elements and identifiers will be assigned:

Issue Name for ETF

First Trust Strategic Income ETF

NASDAQ-listed Trading Symbol FDIV
Intraday Portfolio Value FDIV.IV
Estimated Cash Amount Per Creation Unit FDIV.EU
Total Cash Amount Per Creation Unit FDIV.TC
Net Accrued Dividend FDIV.DV
Net Asset Value FDIV.NV
Total Shares Outstanding FDIV.SO

ETFs Designated Liquidity Provider

KCG Holdings (MPID: NITP) will be the DLP for the ETF.

Market Makers

You may register as a market maker by contacting NASDAQ OMX Trading Operations at +1 212 231 5100. Market makers in the ETF can register beginning Thursday, August 14, 2014.

All purchasers of newly issued ETFs must receive a prospectus or product description.


Email Alert Subscriptions:
Nasdaq offers customers the ability to self select news delivery across various Nasdaq markets. Create and maintain a profile for updating alert preferences and contact information. Visit the enrollment form on the Nasdaq Trader website and sign up today! Please note that if you choose to unsubscribe from an email list, you may no longer receive potentially critical emails from the NASDAQ Stock Market regarding Nasdaq's trading and data products, regulatory issues or marketplace initiatives. To unsubscribe, also click on the enrollment form

Please follow Nasdaq on Facebook RSS and Twitter.

Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: business.nasdaq.com.