Friday, October 9, 2015

Equity Trader Alert #2015 - 158
Nasdaq to Begin Listing PowerShares Fund on Friday, October 9, 2015

Category:

  • Listing

Markets Impacted:

Contact Information:

Resources:

Effective Friday, October 9, 2015, Nasdaq will list one new ETF:

  • PowerShares DWA Tactical Sector Rotation Portfolio (Symbol: DWTR)

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 ETFs will begin October 10, 2015. These daily valuations will be widely disseminated and broadly displayed through major index service providers. The following data elements and identifiers will be assigned:

Issue Name for ETF PowerShares DWA Tactical Section Rotation Portfolio
Nasdaq-listed Trading Symbol DWTR
Intraday Portfolio Value DWTR.IV
Estimated Cash Amount Per Creation Unit DWTR.EU
Total Cash Amount Per Creation Unit DWTR.TC
Net Accrued Dividend DWTR.DV
Net Asset Value DWTR.NV
Total Shares Outstanding DWTR.SO

ETFs Lead Market Maker

KCG (MPID: NITP) will be the LMM for PowerShares DWA Tactical Sector Rotation Portfolio (Symbol: DWTR).

Market Makers

You may register as a market maker by contacting Nasdaq Trade Desk at +1 212 231 5100. Market makers in the ETFs can register beginning Friday, October 9, 2015.

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


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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.