Search:
   

Tuesday, March 22, 2011

Financial Products News #2011 - 17
NASDAQ OMX Announces Equity Symbol Changes For PowerShares Exchange-Traded Funds To Be Effective Wednesday, March 23, 2011

Markets Impacted:

  • The NASDAQ Stock Market
  • UTP/SIP

Products Impacted:

  • All U.S. Equity Products
  • NASDAQ OMX Global Index Data Service (GIDS)

Contact Information:

 

What you need to know:

  • At the request of the sponsor, NASDAQ OMX® will be changing the equity symbols for the following PowerShares Exchange-Traded Funds (ETFs) to be effective on Wednesday, March 23, 2011:
    • PowerShares QQQ Trust, Series 1
    • PowerShares S&P SmallCap Materials Portfolio
    • PowerShares S&P SmallCap Energy Portfolio
    • PowerShares S&P SmallCap Financials Portfolio
    • PowerShares S&P SmallCap Industrials Portfolio
    • PowerShares S&P SmallCap Information Technology Portfolio
    • PowerShares S&P SmallCap Consumer Staples Portfolio
    • PowerShares S&P SmallCap Utilities Portfolio
    • PowerShares S&P SmallCap Health Care Portfolio
    • PowerShares S&P SmallCap Consumer Discretionary Portfolio

What is changing?

Effective Wednesday, March 23, 2011, NASDAQ OMX will change the trading symbol for the following PowerShares ETFs listed on The NASDAQ Stock Market®:

Issue Name for ETF CUSIP Current NASDAQ-listed Trading Symbol through March 22, 2011 New NASDAQ-listed Trading Symbol as of March 23, 2011
PowerShares QQQ Trust, Series 1 73935A104 QQQQ QQQ
PowerShares S&P SmallCap Materials Portfolio 73937B852 XLBS PSCM
PowerShares S&P SmallCap Energy Portfolio 73937B704 XLES PSCE
PowerShares S&P SmallCap Financials Portfolio 73937B803 XLFS PSCF
PowerShares S&P SmallCap Industrials Portfolio 73937B878 XLIS PSCI
PowerShares S&P SmallCap Information Technology Portfolio 73937B860 XLKS PSCT
PowerShares S&P SmallCap Consumer Staples Portfolio 73937B605 XLPS PSCC
PowerShares S&P SmallCap Utilities Portfolio 73937B837 XLUS PSCU
PowerShares S&P SmallCap Health Care Portfolio 73937B886 XLVS PSCH
PowerShares S&P SmallCap Consumer Discretionary Portfolio 73937B506 XLYS PSCD

NASDAQ OMX requests that traders and market data vendors make the necessary internal database and system changes to accommodate the new PowerShares trading symbols on all UTP and NASDAQ OMX proprietary products prior to the start of the trading day tomorrow.

Please note that all of these PowerShares ETFs are listed on the NASDAQ Global Market (G).

What is the impact to the NASDAQ OMX Global Index Data Service (GIDS) product?

NASDAQ OMX disseminates intra-day portfolio values (IPV) as well as daily valuation messages for the PowerShares ETFs on the GIDS data feed product. In coordination with the exchange-listed ticker changes, NASDAQ OMX will also be releasing new GIDS ticker symbol changes for these 10 PowerShares ETFs on Wednesday, March 23, 2011.

For the IPV values, the GIDS identifier changes will be as follows:

Issue Name for ETF Current IPV Symbol through March 22, 2011 New IPV Value as of March 23, 2011
PowerShares QQQ Trust, Series 1 QXV QXV (No Change)
PowerShares S&P SmallCap Materials Portfolio XLBS.IV PSCM.IV
PowerShares S&P SmallCap Energy Portfolio XLES.IV PSCE.IV
PowerShares S&P SmallCap Financials Portfolio XLFS.IV PSCF.IV
PowerShares S&P SmallCap Industrials Portfolio XLIS.IV PSCI.IV
PowerShares S&P SmallCap Information Technology Portfolio XLKS.IV PSCT.IV
PowerShares S&P SmallCap Consumer Staples Portfolio XLPS.IV PSCC.IV
PowerShares S&P SmallCap Utilities Portfolio XLUS.IV PSCU.IV
PowerShares S&P SmallCap Health Care Portfolio XLVS.IV PSCH.IV
PowerShares S&P SmallCap Consumer Discretionary Portfolio XLYS.IV PSCD.IV

For your convenience, NASDAQ OMX has prepared a consolidated spreadsheet of the PowerShares ETF ticker changes.

Where can I find additional information?

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.

View NASDAQTrader.com Mobile