streetTRACKS (R) Gold Shares (NYSE Symbol: GLD) to Start Earlier Trading.BOSTON -- State Street Global Markets LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , an affiliate of State Street Global Advisors ("State Street") (NYSE NYSE See: New York Stock Exchange : STT STT State Street Corporation (stock symbol) STT Suomen Tietotoimisto (Finnish National News Agency) STT Secure Transaction Technology STT Surface Tension Transfer (welding) ), and World Gold Trust Services, LLC, a wholly-owned subsidiary of the World Gold Council, today announced that the opening of trading in streetTRACKS[R] Gold Shares (NYSE Symbol: GLD GLD Gold GLD Gelderland (Dutch province) GLD Gladstone (Queensland, Australia) GLD Government Logistics Department (Hong Kong) GLD Glider GLD Generalized Lambda Distribution ) on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. will be changed from 9:30 a.m. Eastern Time to 8:20 a.m. Eastern Time, effective Friday, February 9, 2007. The earlier opening will allow investors to start trading streetTRACKS Gold Shares (GLD Shares) at the same time that trading in COMEX COMEX A division of the New York Mercantile Exchange (NYMEX). Formerly known as the Commodity Exchange, COMEX is the leading US market for metals futures and options trading. COMEX See New York Mercantile Exchange (NYM). [R] gold futures and gold options commences at the New York Mercantile Exchange New York Mercantile Exchange (NYMEX) The world's largest physical commodity futures exchange. Inc. The real time gold spot price and Intraday Indicative Value for GLD Shares will also be available at 8:20 a.m. EST EST electroshock therapy. EST abbr. electroshock therapy at the Trust's website (www.streettracksgoldshares.com). With the exception of the new opening time, trading and operations of GLD Shares remain unchanged. "As the first exchange traded fund Exchange Traded Fund Similar to an index mutual fund, these tracking stocks trade continuously. Two popular ETFs are the Standard and Poor's depositary receipt (SPDR) launched in 1993 and the NASDAQ-100 Index Tracking Stock (QQQ) which was launched in 1999. to provide investors with convenient, cost effective access to the gold bullion market, we are pleased that GLD Shares will be the first and only ETF ETF See Exchange Traded Fund. ETF See exchange-traded fund (ETF). to offer this enhanced ability to access the broad, global liquidity of the gold bullion marketplace," said James Burton, managing director of World Gold Trust Services, LLC. "Investors will now be able to trade GLD Shares at the same time that trading in other gold-based instruments begins in other markets, and we expect this enhancement will increase the success of this innovative exchange traded fund." "As a leader in ETF trading, NYSE Group is continually looking for ways to increase the reach and visibility of the products listed on our exchanges," said Lisa Dallmer, NYSE Group Senior Vice President, Exchange Traded Funds Exchange Traded Funds (ETF) Also known as ETF. A basket of stocks similar to an index mutual fund. However, there are a number of important differences between ETFs and mutual funds. and Indexes. "State Street's highly successful Gold Shares product is one of the fastest ETFs to achieve over $9 billion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. and is one of the most actively traded NYSE listed ETFs, with an average daily turnover of $259 million in the fourth-quarter 2006." streetTRACKS[R] Gold Shares' Rapid Rise streetTRACKS[R] Gold Trust was launched on November 18, 2004, and has emerged as one of the fastest growing U.S.-listed ETFs in history. As of January 31, 2007, assets under management in the fund totaled approximately $9.5 billion. Amid robust investor demand and strong market performance, the streetTRACKS[R] GLD Trust is now the seventh largest ETF by assets in the U.S. World Gold Trust Services, LLC is the sponsor and State Street Global Markets, LLC is the marketing agent of streetTRACKS[R] Gold Trust. About World Gold Trust Services, LLC. World Gold Trust Services, LLC is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of the World Gold Council (WGC) which is a commercially-driven marketing organization that is funded by the world's leading gold mining companies. A global advocate for gold, the WGC aims to promote the demand for gold in all its forms through marketing activities in major international markets. For further information, visit www.gold.org. About State Street Global Advisors State Street Global Advisors, the investment management arm of State Street Corporation, delivers investment strategies and integrated solutions to clients worldwide across every asset class, investment approach and style. With US$1.7 trillion in assets under management as of December 31, 2006, State Street Global Advisors has investment centers in Boston, Hong Kong, London, Milan, Montreal, Munich, Paris, Singapore, Sydney, Tokyo and Zurich, and offices in 25 cities worldwide. About State Street Global Markets, LLC State Street Global Markets provides specialized investment research and trading in foreign exchange, equities, fixed income and derivatives. Its goal is to enhance and preserve portfolio values for asset managers and asset owners. From its unique position at the crossroads of the global markets, it creates and unlocks value for its clients with original flow-based research, innovative portfolio strategies, trade process optimization, and global connectivity across multiple asset classes and markets. State Street Global Markets, an affiliate of State Street Global Advisors, is the marketing agent for the streetTRACKS[R] Gold Trust. streetTRACKS[R] is a registered trademark of State Street Corporation, an affiliate of the Marketing Agent and State Street Global Advisors. streetTRACKS[R] Gold Trust has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the Trust and this offering. You may get these documents for free by visiting EDGAR Edgar or Eadgar (both: ĕd`gər), 943?–975, king of the English (959–75), son of Edmund, king of Wessex. In 957 the Mercians and Northumbrians rebelled against Edgar's brother Edwy and chose Edgar as their king. on the SEC Web site at www.sec.gov. Alternatively, the Trust or any Authorized Participant will arrange to send you the prospectus if you request it by calling toll free at 1-866-320-4053 or contacting State Street Global Markets, LLC, One Lincoln Street One Lincoln Street, also known as State Street Financial Center, is a skyscraper in Boston, Massachusetts on the edge of both the Financial District and neighborhood of Chinatown. Completed in 2003, it is was built using Boston Redevelopment Authority (BRA) guidelines. , Attn: streetTRACKS(R), 30th Floor, Boston, MA 02111. The prospectus contains material information about the Trust and its Shares which is material and/or which may be important to you. You should read the entire prospectus, including ''Risk Factors'' before making an investment decision about the Shares. The value of the Shares relates directly to the value of the gold held by the Trust (less Trust expenses) and fluctuations in the price of gold could materially adversely affect an investment in the Shares. Investors should be aware that there is no assurance that gold will maintain its long-term value in terms of purchasing power in the future. In the event that the price of gold declines, the Sponsor expects the value of an investment in the Shares to similarly decline. Shareholders will not have the protections associated with ownership of shares in an investment company registered under the Investment Company Act of 1940 or the protections afforded by the Commodity Exchange Act of 1936. The Trust is not registered as an investment company under the Investment Company Act of 1940 and is not required to register under such act. Neither the Sponsor nor the Trustee is subject to regulation by the CFTC CFTC See: Commodity Futures Trading Commission CFTC See Commodity Futures Trading Commission (CFTC). . Shareholders will not have the regulatory protections provided to investors in CEA-regulated instruments or commodity pools. |
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