The ETF/ETN market in September saw a swing in average daily trading value, reaching its third highest level in history.
- In September, the daily average trading value at about JPY 76.9 billion, up 14% from August, has hit the third highest level in history following June and May this year, surpassing the July’s record of approximately JPY 76 billion.
- The trading of leveraged ETFs remained active with ETFs tracking both TOPIX and Nikkei, outperforming the overall ETF/ETN market growth.
- Following Tokyo's selection as the host city for the 2020 Olympic Games, trading increased for ETFs tracking “TOPIX-17 CONSTRUCTION & MATERIALS,” while ETFs tracking the Tokyo Stock Exchange REIT Index gained popularity with two issues ranking 14th and 20th for trading value.
