Deutsche Börse: Record Month For Exchange Traded Funds - 408 Million Euro Turnover In October - Further Products Ready To Go

Turnover in the XTF market segment for Exchange Traded Funds, which was launched by Deutsche Börse in April, rose to a new record high in October: Trading volume in the so-called index shares came to 408 million euros, roughly 135 percent above the previous month’s figure. Volume has nearly tripled on a daily basis, from 6.8 million euros to 18.5 million euros, since the market was launched on April 11 this year. Deutsche Börse, the first exchange in Europe to set up a segment for exchange-traded index funds, is expecting further increased interest in these products on the part of issuers, intermediaries and investors.

According to Deutsche Börse, various new products are ready to go. This will expand the range of products on offer considerably and make trading in fund shares even more attractive. The company expects the first products on equity indices of Deutsche Börse to be listed early next year. Further foreign issuers have also expressed a concrete interest in an XTF listing.