iShares MSCI India ETF Graduates from BATS Competitive Liquidity Program

BlackRock, Inc. has announced that, as at May 29, 2015, the iShares MSCI India ETF has graduated from the BATS Exchange, Inc.  Competitive Liquidity Provider Program, having established consolidated average daily volume of more than 1 million shares for three consecutive months.


Sign up for our weekly Newsletter and receive the latest ETF and ETC news. Click here to register for your free cop


A large India-focused ETF with $3.8bn AUM*, INDA has seen increased trading volumes and significant year-to-date in-flows of $1.7bn as investors have sought efficient and low cost access to the Indian equity market. The first iShares ETF to graduate from the BATS CLP Program, INDA will remain listed on BATS.

The BATS CLP Program is a rewards-based program designed to encourage quoting activity for BATS-listed securities. The payment of a CLP Fee is intended to generate more quotes and trading than might otherwise exist absent this payment. Leaving the CLP Program may have a negative impact on the price and liquidity of INDA, which could adversely impact a purchaser’s subsequent sale of INDA. 

 

WMCR
Wilshire Micro-Cap ETF (based on the Wilshire US Micro-Cap Index)


Commenti

Lascia un commento

Il tuo indirizzo email non sarà pubblicato. I campi obbligatori sono contrassegnati *