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:
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.
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