ETF promotions beckon after Nasdaq launch

Stock market operator Nasdaq says it is going to actively target IFAs as part of its marketing campaign to promote its new exchange traded fund (ETF) product for European investors. The exchange today officially launched its new ETF, EQQQ, for those interested in buying into a basket of the biggest growth stocks listed on the US exchange. The EQQQ ETF mimics the existing QQQ ETF, the world's biggest, but should be more tempting to European investors as it is based in Ireland and sold in Euros, according to Nasdaq chief executive officer for financial products John Jacobs. ...