ETP turnover up nearly 40 per cent, says Lyxor
Reported weekly on-exchange exchange-traded product turnover increased by 38.5 per cent on the previous week last week with total turnover at EUR10.2bn, according to Lyxor.
Underlying equity market activity (measured by the Stoxx Europe 600 Index turnover) increased by 47 per cent on the previous week at EUR90.2bn.
Reported on exchange ETP trading was 11.35 per cent of equivalent equity market activity.
Commodity turnover jumped by 66.24 per cent, taking it to the second largest category.
Country and regional related turnover also increased 26.31 per cent and 40.62 per cent respectively with European regional exposures leading the way.
Fixed income rose broadly in line with the market with higher government trading offset by lower corporate bond activity.
On a 20 day basis Lyxor was ranked number two with 18 per cent market share with iShares at number one with market share of 34.4 per cent.
On a five day basis Lyxor was ranked number two with 17.7 per cent market share; iShares market share on a five day basis was 33.1 per cent.
Deutsche Boerse market share was 28.9 per cent on a 20 day basis and 28.6 per cent on a five day basis.
LSE had the highest market share at 29.6 per cent on a 20 day basis and 30.3 per cent on a five day basis.
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