Nasdaq to Begin Listing Two First Trust Exchange Traded Funds on Wednesday, September 28, 2016
OREANDA-NEWS. Effective Wednesday, September 28, 2016, Nasdaq will list the following ETFs:
- First Trust CEF Income Opportunities ETF (Symbol: FCEF)
- First Trust Municipal CEF Income Opportunity ETF (Symbol: MCEF)
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-ITCH using the trading symbols listed above.
Dissemination of the daily valuation information for the ETFs will begin Wednesday, September 28, 2016. These daily valuations will be widely disseminated and broadly displayed through major index service providers.
ETF Lead Market Maker
Susquehanna Securities (MPID: SSUS) will be the lead market-maker (LMM) for the First Trust CEF Income Opportunities ETF and the First Trust Municipal CEF Income Opportunity ETF.
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 Wednesday, September 28, 2016.
All purchasers of newly issued ETFs must receive a prospectus or product description.
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