NEW YORK, July 15 (Bernama-GLOBE NEWSWIRE) -- Nasdaq today announced that First Trust will transfer the 10 AlphaDEX® exchange traded-funds (ETFs) from NYSE Arca to be listed on The Nasdaq Stock Market® on or about Tuesday, July 14, 2015. Each fund will list and trade its shares on Nasdaq under the same ticker symbol as was used on NYSE.
"We are thrilled to expand our ETF relationship with First Trust. The transfer of these 10 ETFs is evidence of First Trust's confidence that the Nasdaq Marketplace is a leader in ETF listing and trading," said Jeffrey McCarthy, Head of ETP Listings at Nasdaq. "Additionally these products exemplify the importance of exchange listing diversification and how Nasdaq is positioned to provide multi-faceted solutions to ETF issuers by supporting index creation, calculation, listing and trading-through the benchmark switch of these funds to Nasdaq Indexes. We look forward to continuing our successful partnership with First Trust and the AlphaDEX team in the future."
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