Van Eck Global is beginning the transfer of NYSE-listed exchange traded funds (ETFs) to the NYSE Arca electronic trading platform. As of opening on trading day Friday, December 17, 2007, these two ETFs will officially be transferred:

  • Market Vectors-Russia ETF (RSX)
  • Market Vectors-Global Alternative Energy ETF (GEX)

This all electronic trading platform is the single largest public liquidity pool for ETFs, so says the NYSE. During the first half of 2007, Arca handled 43% of all U.S. ETFs traded, representing an average daily trading volume of 231.96 million shares per day.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.