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Deutsche Börse: Xetra Receives Three Global ETF Awards - Deutsche Börse Recognized As Having Largest Number Of ETF Listings And As Most Proactive And Best-Performing ETF Exchange

Date 03/05/2010

This year's 6th Annual Global ETF Awards® in New York saw Deutsche Börse receive awards in the following categories for the sixth consecutive time:
  • “Exchange with the largest number of primary listed ETFs in Europe”, “Most proactive ETF Exchange in Europe” and
  • “Largest ETF Exchange by Dollar turnover in Europe”.

The 6th Annual Global ETF Awards was organized by exchangetradedfunds.com, an information provider based in New York which specializes in Exchange Traded Funds, Exchange Traded Notes and Exchange Traded Commodities. The Awards reflects outstanding achievements in 2009 by participants in the ETF, ETN and ETC industry. Winners are selected on the basis of votes cast by the global marketplace and statistical data.

Xetra® is Europe's leading trading venue in terms of turnover for exchange traded funds with a market share of 38 percent. Average monthly trading volume in Q1 2010 stood at around €13 billion. Out of 14 issuers, its product offering is the largest in Europe, currently with 651 ETF listings. It enables investors to compile a broadly diversified portfolio of equities, bonds and commodities with low transaction costs. More than 250 market participants from 19 countries have access to trading in exchange-traded index funds at Deutsche Börse.

Deutsche Börse was the first European exchange to launch trading in ETFs, on Xetra on 11 April 2000. Since then, ETFs have become one of the most successful financial products in Europe. Fund assets have increased at an annual average rate of around 90 percent within the last ten years thanks to a continuous inflow of funds. Assets under management totaled a record €134.6 billion at the end of March. The growth has been driven by increasing recognition and the variety of uses for ETFs, which can be used in a growing number of markets and regions thanks to numerous new product launches.