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The NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) Why ETF Assets are Forecasted to Exceed $2 Trillion Within Three Years
ADVISORY, Sept. 24, 2008 (GLOBE NEWSWIRE) --
WHAT: NASDAQ OMX Global Financial Products will host a briefing for the industry and media to discuss projected trends in the world of exchange traded funds (ETF), including growth forecasts which predict ETFs surpassing $2 trillion in assets within three years. Worldwide, there are currently more than 1,400 ETFs with assets of approximately $785 billion. Hundreds of new ETFs are in the pipeline and are expected to be introduced to markets in the U.S., Europe, Asia and throughout the rest of the world -- representing one of the fastest growing, flexible and low-cost investment vehicles for global investors. This briefing will provide an overview of how ETFs can provide investors with exposure to a wide array of regions, sectors, commodities and styles.
WHO: Moderator: John Jacobs, EVP, NASDAQ OMX
Panelists: Mark Roberts, Director of Product Management, Barclays Global Investors Bruce Bond, President and CEO, Invesco PowerShares Jim Ross, Sr. Managing Director, State Street Global Advisors
Speaker: Lawrence Carrel, Author of "ETFs for the Long Run -- What They Are, How They Work, and Simple Strategies for Successful Long-Term Investing"
WHEN: Wednesday, October 8, 2008 9:30 a.m. Breakfast will be served
WHERE: NASDAQ MarketSite 43rd and Broadway (enter on Broadway) New York, New York
MEDIA Please contact Wayne Lee RESERVATIONS: +1.301.978.4875 Wayne.D.Lee@NASDAQOMX.com
INDUSTRY Please contact Richard Keary RESERVATIONS: +1.212.401.8903 Richard.Keary@NASDAQOMX.com
About NASDAQ OMX Global Financial Products
NASDAQ OMX Global Financial Products (GFP) is engaged in the design, development, calculation, licensing, and marketing of NASDAQ OMX indexes. GFP specializes in the development of indexes focusing on NASDAQ OMX's brand themes of innovation, technology, growth, and globalization. GFP also provides custom index services and design solutions as a third-party provider to selected financial organizations. For more information about NASDAQ OMX indexes, visit www.nasdaq.com/indexes.
ABOUT NASDAQ OMX GROUP
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, and with over 3,900 companies, it is number one in worldwide listings among major markets. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market; the OMX Nordic Exchange, including First North; and the 144A PORTAL Market. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and ETFs. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. OMX Nordic Exchange is not a legal entity but describes the common offering from Nasdaq OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit www.nasdaqomx.com.