NEW YORK (HedgeWorld.com)–Nasdaq Liffe Markets LLC will add 15 new single-stock futures to its listings beginning Jan. 6.
This will bring the total number of single-stock futures offered on NQLX to 54. The exchange, a joint venture of the Nasdaq Stock Market Inc. and the London International Financial Futures and Options Exchange, also lists four exchange-traded funds.
The only other exchange to offer single-stock futures for the U.S. investor, OneChicago LLC, lists 82 such active products and one ETF, for DIAMONDS futures. The underlying DIAMONDS ETF tracks the Dow Jones Industrial Average.
OneChicago’s larger number of listings results in larger over-all volume. On Dec. 23, 2,989 contracts changed hands at OneChicago, less than half of that at NQLX. On Christmas Eve Day, the numbers were 3,962 at OneChicago, 632 at NQLX. On Dec. 26, they were 3,136 and 958, respectively.
Nasdaq’s 15 new listings:
- AT&T Corp. (T)
- Bristol-Myers Squibb Co (BMY)
- Broadcom Corp (BRCM)
- Cendant Corp (CD)
- Check Point Software Tech. Ltd (CHKP)
- Concord EFS Inc (CE)
- Dow Chemical Co (DOW)
- EBay Inc. (EBAY)
- Flextronics Int’l Ltd. (FLEX)
- Fannie Mae (FNM)
- Freddie Mac (FRE)
- Genzyme Corp. (GENZ)
- Motorola Inc . (MOT)
- Philip Morris Cos. Inc (MO)
- QLogic Corp (QLGC)