New ETF In Deutsche Börse's XTF Segment - MSCI USA Information Technology Index As Underlying/XTF European Market Leader Again In February

Deutsche Börse is continuing to expand its offerings in exchange-traded funds (ETFs). A new ETF has been tradable in Deutsche Börse's XTF segment since Wednesday. The MSCI US Tech Master Unit is issued by Lyxor International Asset Management, a subsidiary of Société Générale. The underlying index, MSCI USA Information Technology, comprises the 75 largest American IT firms.

With turnover of 2.39 billion euros and European market share of 47 percent in February, Deutsche Börse further reinforced its leading position in the trading of exchange-traded funds in Europe. In February, XTF had a market share of 99.3 percent in Germany.

There are currently 62 ETFs and 23 actively managed equity funds listed in the XTF market segment. There are no loads for the purchase of fund shares through the stock exchange; all the investor has to pay are the usual transaction costs for the purchase and sale of securities. Investors can buy the shares through any bank that offers trading in equities.

Roughly 99 percent of the volume traded in fund products in Germany is posted through Xetra, which means that all of the main trading parameters from equities trading are also valid for XTF. These include continuous trading, auctions, a minimum lot of one fund share as well as Designated Sponsors who provide for liquidity.