Tuesday, July 23, 2019

Equity Trader Alert #2019 - 57
Nasdaq to Begin Listing New Principal ETF on Wednesday, July 24, 2019

Category:

  • Listing

Markets Impacted:

Contact Information:

Resources:

Effective Wednesday, July 24, 2019, Nasdaq will list the following ETF:

  • Principal U.S. Small-MidCap Multi-Factor Core Index ETF (Ticker: PSM)

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-ITCH.

Dissemination of the daily valuation information for the ETF will begin Wednesday, July 24, 2019. These daily valuations will be widely disseminated and broadly displayed through major index service providers.

Issue Name for ETF Principal U.S. Small-MidCap Multi-Factor Core Index ETF
Nasdaq-Listed Trading Symbol PSM
Intraday Indicative Value PSM.IV
Estimated Cash Amount Per Creation Unit PSM.EU
Total Cash Amount Per Creation Unit PSM.TC
Net Accrued Dividend PSM.DV
Net Asset Value PSM.NV
Total Shares Outstanding PSM.SO

ETF Lead Market Maker

GTS (MPID: GTSZ) will be the Designated Liquidity Provider (DLP) for:

  • Principal U.S. Small-MidCap Multi-Factor Core Index ETF (Ticker: PSM)

Market Makers

You may register as a market maker by contacting the Nasdaq Trading Services at +1 212 231 5180.

Market makers in the ETF can register beginning Wednesday, July 24, 2019.

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


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.