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Wednesday, October 22, 2014

Equity Trader Alert #2014 - 93
Nasdaq to Begin Listing ETF Series Trust Fund on Thursday, October 23, 2014

Category:

  • Listing

Markets Impacted:

Contact Information:

Resources:

Effective Thursday, October 23, 2014, Nasdaq will list one new ETF:

  • Recon Capital DAX Germany ETF (Symbol: DAX)

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 October 23, 2014. These daily valuations will be widely disseminated and broadly displayed through major index service providers such as Nasdaq'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 Recon Capital DAX Germany ETF
Nasdaq-listed Trading Symbol DAX
Intraday Portfolio Value DAX.IV
Estimated Cash Amount Per Creation Unit DAX.EU
Total Cash Amount Per Creation Unit DAX.TC
Net Accrued Dividend DAX.DV
Net Asset Value DAX.NV
Total Shares Outstanding DAX.SO

ETF Designated Liquidity Provider

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

Market Makers

You may register as a market maker by contacting Nasdaq Trading Operations at +1 212 231 5100. Market makers in the ETF can register beginning Thursday, October 23, 2014.

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

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