Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

HSBC Chooses London Stock Exchange For European ETF Debut

Date 25/08/2009

Today saw the admission to trading on the London Stock Exchange of the HSBC FTSE 100 ETF, the first Exchange Traded Fund (ETF) to be issued by HSBC in Europe.

To mark the occasion the London Stock Exchange's markets were opened by HSBC Global Asset Management Chief Executive, Mark McCombe.

Pietro Poletto, Head of Fixed Income and Exchange Traded Products for London Stock Exchange Group, who also attended the event said:

"We are delighted that HSBC has chosen the London Stock Exchange for its debut into the European ETF market, and are very pleased to welcome the company to open our markets today."