E-TRADE FINANCIAL Corporation Joins the NASDAQ Financial-100 Index
NEW YORK, Jan. 31, 2007 (PRIME NEWSWIRE) -- E-TRADE FINANCIAL (Nasdaq:ETFC) has become a component of the NASDAQ Financial-100 Index(r) (Nasdaq:IXFIN), effective prior to market open on January 30, 2007. E-TRADE FINANCIAL replaced Charter Financial Corporation (Nasdaq:CHFN).
"We are tremendously excited that an innovative leader in the financial services industry such as E-TRADE FINANCIAL has been included in the NASDAQ Financial-100 Index," said NASDAQ executive vice president Bruce Aust.
With a market capitalization of approximately $10.1 billion, E-TRADE FINANCIAL provides financial services including trading, investing, banking and lending for retail and institutional customers.
E-TRADE FINANCIAL listed its common stock on the NASDAQ(r) Global Select Market on December 27, 2006. The Company also listed certain mandatory convertible notes known as Equity Units on NASDAQ under the symbol ETFCP.
NASDAQ is the largest U.S. electronic stock market. With approximately 3,200 companies, it lists more companies and, on average, its systems trade more shares per day than any other U.S. market. NASDAQ is home to companies that are leaders across all areas of business including technology, retail, communications, financial services, transportation, media and biotechnology. NASDAQ is the primary market for trading NASDAQ-listed stocks. For more information about NASDAQ, visit the NASDAQ Web site at http://www.nasdaq.com or the NASDAQ Newsroom at http://www.nasdaq.com/newsroom/.
CONTACT: NASDAQ Media Contact: Wayne Lee 301.978.4875 Issuer & Investor Contact: Lisa Chaney 301.978.8281
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