NEW YORK--(BUSINESS WIRE)--
In 2016, NYSE Arca, NYSE Group’s marketplace for exchange traded funds1
(ETFs), reaffirmed its position as the leading ETF listings exchange for
the ninth consecutive year with greater than 92 percent of total ETF
assets under management (AUM). NYSE Arca also maintained its position as
the deepest pool of liquidity for the trading of ETF securities with
nearly 2.5 times the trading of the next closest venue. 35 of the top 50
(70%) new ETF listings by assets under management listed on NYSE Arca in
In 2016, the total U.S. ETF market grew by over $417 billion in AUM, or
nearly 20 percent compared with 2015, and ETP volume accounts for nearly
30 percent of all dollar volume trading in U.S. stocks. Approximately
250 new ETFs were listed during 2016, with 113 listing on NYSE Arca.
According to Douglas Yones, NYSE’s Head of Exchange Traded Products,
NYSE Arca’s industry leadership is attributed to its exceptional market
quality and commitment to providing comprehensive end-to-end service to
“For the ninth consecutive year, NYSE Arca has mirrored the strong
growth trajectory of the U.S. ETF market, and in doing so, has rounded
out another year as the premier ETF listing exchange. We worked closely
with a range of issuers to bring 113 new listings to market, and deep
liquidity drove our continued leadership in share of ETF trading. In
2016, we expanded our team and enhanced our service to issuers. From
product development and launch to data, ongoing marketing and
distribution, we are fully aligned with supporting the success of our
2016 NYSE Arca ETF highlights:
1,510 ETFs are listed on NYSE Arca, with nearly $2.4 trillion in AUM
which increased by 14 percent in the second half of 2016.
At 22.6 percent market share, NYSE Arca retained the highest average
daily trading volume of any U.S. listings exchange, and nearly 2.5
times the trading of the nearest exchange.
NYSE Arca had 77 percent share of ETF listings and 92 percent of total
NYSE Arca listed 113 new ETFs, adding nearly $3.7 billion in AUM,
representing 45 percent of new ETF listings and nearly 60 percent of
NYSE Arca won approximately 70 percent of the largest 50 new listings
NYSE Arca welcomed two new Lead
Market Makers (LMMs) - Societe Generale and RBC Capital Markets.
“A key part of our offering is market quality and trading liquidity, and
to that end, we were pleased to welcome new LMMs to NYSE Arca in 2016.
With more than two times the volume of the next largest listing
exchange, investors and trading firms choose NYSE Arca for the deepest
pools of liquidity in the ETF markets,” Yones said.
Tom Farley, NYSE Group President said, “We are proud to support the
growth of the ETF market again in 2016, which brings cost-efficient,
liquid products for retail and institutional investors alike. We are
highly engaged with issuers throughout their product lifecycle to bring
successful products to market in a competitive industry, as well as
evolving the market structure to support ongoing growth. And our results
demonstrate that our issuer-focused value proposition across product
development, trading and visibility is delivering these strong results.”
During 2016, NYSE successfully led several industry initiatives that
improved market resiliency and delivered key benefits to the ETF
Alongside the other U.S. ETF listing venues, NYSE worked to harmonize
key functions of the U.S. equity markets to increase resiliency during
times of extreme volatility. Throughout 2016, NYSE delivered a range
to enhance the stability and resiliency of the U.S. capital markets.
In June, NYSE Arca was the first ETF listing exchange to receive
regulatory approval to streamline the listing process for certain
actively managed ETFs. To date, eight issuers have launched 11 new
products using the streamlined process.
“As an exchange, we are committed to being a champion for our issuers in
driving changes that enhance market performance and remove barriers for
entry. Our efforts in 2016 have ensured our markets are in a far
stronger position than ever before,” said Douglas Yones.
For more information on ETFs and NYSE Arca, visit: www.nyse.com/etf
To view the Fourth Quarter 2016 NYSE Arca ETF Report, visit: https://www.nyse.com/publicdocs/nyse/products/etp-funds/ETP_Quarterly_Report_Q42017.pdf
About NYSE Group
NYSE Group is a subsidiary of Intercontinental Exchange (NYSE:ICE), a
leading operator of global exchanges and clearing houses, and a provider
of data and listings services. NYSE Group includes exchanges, market
data and connectivity services. The equity exchanges -- the New York
Stock Exchange, NYSE MKT and NYSE Arca -- trade more U.S. equity volume
than any other exchange group. NYSE is the premier global venue for
capital raising, leading worldwide in IPOs, including technology IPOs.
NYSE Arca Options and NYSE Amex Options are leading equity options
About Intercontinental Exchange
Intercontinental Exchange (NYSE:ICE) operates the leading network of
global futures, equity and equity options exchanges, as well as global
clearing and data services across financial and commodity markets. The
New York Stock Exchange is the world leader in capital raising, listings
and equities trading.
Trademarks of ICE and/or its affiliates include Intercontinental
Exchange, ICE, ICE block design, NYSE and New York Stock Exchange.
Information regarding additional trademarks and intellectual property
rights of Intercontinental Exchange, Inc. and/or its affiliates is
located at www.intercontinentalexchange.com/terms-of-use.
Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995 - Statements in this press release regarding ICE's business that
are not historical facts are "forward-looking statements" that involve
risks and uncertainties. For a discussion of additional risks and
uncertainties, which could cause actual results to differ from those
contained in the forward-looking statements, see ICE's Securities and
Exchange Commission (SEC) filings, including, but not limited to, the
risk factors in ICE's Annual Report on Form 10-K for the year ended
December 31, 2015, as filed with the SEC on February 4, 2016.
SOURCE: Intercontinental Exchange
1 ETFs include all exchange traded products (ETPS)
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Source: Intercontinental Exchange