Monday, September 26, 2016

Equity Trader Alert #2016 - 240
Highland Capital Exchange Traded Fund Switches Listing from NYSE Arca to Nasdaq on Wednesday, September 28, 2016

Category:

  • Listing

Markets Impacted:

Contact Information:

Resources:

Effective Wednesday, September 28, 2016, the following ETF will switch its listing from NYSE Arca to Nasdaq:

  • Highland/iBoxx Senior Loan ETF (Symbol: SNLN)

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 using the trading symbol listed above.

Dissemination of the daily valuation information for the ETF will begin Wednesday, September 28, 2016. These daily valuations will be widely disseminated and broadly displayed through major index service providers.

ETF Lead Market Maker

KCG (MPID: NITP) will be the lead market-maker (LMM) the Highland/iBoxx Senior Loan ETF.

Market Makers

You may register as a market maker by contacting Nasdaq Trade Desk at +1 212 231 5100. Market makers in the ETF can register beginning Wednesday, September 28, 2016.

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.