OREANDA-NEWS. Effective Thursday, September 24, 2015, Nasdaq will list one new ETF:

  • Reaves Utilities ETF(Symbol: UTES)

ETF Data Dissemination

Quotation and trade data for Nasdaq-listed ETFs are disseminated via UTP Level 1, Nasdaq Basic, Nasdaq Level 2 and Nasdaq TotalView® using the trading symbols listed below.

Disseminating of the daily valuation information for the ETFs will begin September 24, 2015. These daily valuations will be widely disseminated and broadly displayed through major index service providers. The following data elements and identifiers will be assigned:
Issue Name for ETF Reaves Utilities ETF
Nasdaq-listed Trading Symbol UTES
Intraday Portfolio Value UTES.IV
Estimated Cash Amount Per Creation Unit UTES.EU
Total Cash Amount Per Creation Unit UTES.TC
Net Accrued Dividend UTES.DV
Net Asset Value UTES.NV
Total Shares Outstanding UTES.SO

ETFs Lead Market Maker

KCG (MPID: NITP) will be the LMM for Reaves Utilities ETF (Symbol: UTES).

Market Makers

You may register as a market maker by contacting Nasdaq Trade Desk at +1 212 231 5100. Market makers in the ETFs can register beginning Thursday, September 24, 2015.

All purchasers of newly issued ETFs must receive a prospectus or product description.