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Monthly turnover in SIX Swiss Exchange's ETF segment was distinctly above CHF 10'000 million twice in a row last quarter. The CHF 13'767.8 million achieved in August was in fact an all-time record and the CHF 12'332.74 million in September the second-best result ever. In comparing the quarterly figures of Q3 2011 to those of the same period last year, the results have more than doubled, with CHF 33'398.6 million compared to 14'946.7 million.
Commodities the most actively traded asset class
At product level we also saw a significant increase in turnover from the previous quarter. The ETF with the strongest turnover in Q3 2011 was the ZKB Gold ETF, which more than doubled its turnover compared to the previous quarter, amounting to CHF 1'761.2 million. Second was the CS ETF (CH) on the SMI and third the ZKB Gold ETF (USD), both of which had turnovers much higher than CHF 1 billion and recorded a growth of 137 % and even 214 % respectively.
ZKB ETFs was thus the best product provider in terms of turnover during the third quarter with 21.94 %, pushing CS ETF from the top spot (now second with 21.22 %), while UBS ETF gained a 13.31 % share of turnover in comparison to the previous quarter, putting it in third place.
New records set after just three quarters
It is thanks to these great figures that after just three quarters, the ETF segment has already surpassed the entire turnover posted in 2010 and has set a new record with CHF 79'221 million. Regarding the number of transactions, the 762'936 trades registered this year already amount to more trades than in all of 2010 (696'590).
The number of products has also increased once again. With 50 new products being launched in the third quarter 2011 alone, the segment can now boast a new record high of 741 ETFs. This amounts to an increase of 137 products since the beginning of the year. Overall, ETFs from 14 different providers can be traded on SIX Swiss Exchange, with 20 market makers providing liquidity.
The report "ETF Quarterly Statistics"[PDF] contains the most important facts and market data from the ETF segment ofSIX Swiss Exchange. It is published quarterly and is available as a PDF.
