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BlackRock Moves Listing Venue for 50 iShares ETFs; Nuveen Enters Closed End Fund Merger.

By Javier Simon editors@strategic-i.com | July 06, 2017
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BlackRock Moves Listing Venue for 50 iShares ETFs

BlackRock announced it will transition the primary listing venue for 50 iShares exchange-traded funds (ETFs) to Bats Global Markets, the global stock exchange operator based in Lenexa, Kansas.

“As we have stated previously, diversification is an important element of iShares listing strategy,” explains Samara Cohen, Americas head of iShares capital markets at BlackRock. “A thriving market for ETFs requires a robust, resilient ecosystem, with multiple participants committed to continuous innovation and improving the client experience.”

BlackRock says it maintains strong relationships with all major exchanges, and its “applauds NYSE ARCA, BATS and Nasdaq for their ongoing work to improve trading during all market conditions.”

The funds are scheduled to move on or about August 1, 2017.

For more information, visit BlackRock.com.

NEXT: Nuveen Enters Closed End Fund Merger