The iShares MSCI Norway Capped Investable Market Index Fund is scheduled to begin trading on BATS Exchange on January 24 along with seven other iShares ETFs that will follow.
'The innovation and leadership that iShares brings to capital markets makes them the perfect partner for our first primary listings,' said Joe Ratterman, Chairman and CEO of BATS Global Markets. 'iShares' decision to list on BATS underscores the commitment that we are placing on ensuring our market is issuer-focused and concentrates on market quality.'
The iShares funds listing on BATS are based on MSCI indexes and are designed to provide investors an opportunity to access various international markets.
The eight funds listing on BATS Exchange include:
BATS operates two stock exchanges in the U.S., the BATS BZX Exchange and BYX Exchange; BATS Options, a U.S. equity options market; and BATS Europe and Chi-X Europe, which operate FSA-authorized multilateral trading facilities. The company is headquartered in the Kansas City, Mo., area with additional offices in New York and London.
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