The IPO glitch experienced by BATS Global Market did not discourage iShares [profile], the giant ETF wing of BlackRock, from using the trading platform to roll out two new ETFs, Benzinga reports.

ETF Daily News reports that the iShares Emerging Markets High Yield Bond Fund will track the Morningstar Emerging Markets High Yield Bond Index, which includes bonds issued by corporations, sovereignties and quasi-sovereign corporations. Its expense ratio is 65 basis points

The iShares Global ex USD High Yield Corporate Bond Fund will track the Markit iBoxx Global Developed Markets ex-US High Yield Index and will have an expense ratio of 55 bps. 

Edited by: HFD


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