NYSE Arca Loses Listing For 50 BlackRock ETFs

NYSE Arca is losing the primary listing for 50 BlackRock Inc. exchange-traded funds in a victory for competitors attempting to challenge the dominant venue for ETFs.

The asset manager is moving the listing of 30 of its U.S. iShares-branded funds to Bats, a unit of CBOE Holdings Inc., and 20 to Nasdaq Inc., according to a statement Friday. The changes will take effect on or about Aug. 1, leaving 209 of BlackRock’s U.S. iShares ETFs with primary listings on NYSE Arca.

from FA News http://www.fa-mag.com/news/nyse-arca-loses-listing-for-50-blackrock-etfs-33568.html

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