FYI: BlackRock Inc (BLK.N) on Friday said it would move fifty of its exchange-traded funds from NYSE Arca to homes on rival trading exchanges in a move that points to more competition in the fast-growing industry.
The world's largest asset manager and issuer of ETFs will move 30 of its iShares-brand ETFs to CBOE Holdings Inc's (CBOE.O) Bats exchange and an additional 20 ETFs to Nasdaq Inc (NDAQ.O), the New York-based company said in a statement. BlackRock managed $1.4 trillion in ETFs on March 31.
Regards,
Ted
http://www.reuters.com/article/us-blackrock-etf-exchange-idUSKBN19L2W4
