Bringing you live news and features since 2006 

Tenth birthday balloon

London Stock Exchange celebrates ten years of ETF trading

RELATED TOPICS​

The London Stock Exchange is celebrating ten years since the first exchange-traded fund was admitted to its markets.

A decade after iShares launched its product tracking the FTSE 100 index, there are now over 240 ETF products available for trading on the exchange from nine separate issuers.

Trading activity in ETFs has seen constant year-on-year growth. There has been an average annual growth rate of 69 per cent in the value of ETFs traded, and an average annual growth rate of 100 per cent in the total number of trades.

The range of products available has diversified to include ETFs which track indices based on companies in emerging economies, cleantech and carbon neutral firms and businesses which are Shariah compliant.

To mark the occasion, the exchange is holding a series of presentations, panel discussions and seminars at its Paternoster Square headquarters.

Rory Tobin, head of iShares International, says: "This is a significant milestone in the history of ETFs in Europe. ETFs have been characterised by simplicity, transparency, tradability and cost effectiveness, and have thus presented a very attractive value proposition for investors. The recent financial crisis has served to highlight these attributes even more. After ten years, the conversation has certainly moved from ‘what is an ETF?’ to ‘how do I use an ETF?’ and even more recently to ‘do you have an ETF on…?’. These are exciting times for ETFs in Europe and we look forward to working with investors and educating them as to the investment possibilities that can be realised through usage of ETFs."

Donald Keith, deputy chief executive at FTSE Group, adds: "The last decade has seen ETFs rapidly evolving to offer investors a range of exciting opportunities. At the same time, FTSE has continued to support ETF investment with incredible innovation and growth, increasing investor access and prospects for diversification. By combining our expertise with that of the world’s leading ETF providers, FTSE has opened up a host of robust approaches for ETFs, and we look forward to continuing this effort with the London Stock Exchange and our industry partners."

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Cryptocurrencies
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
Thomas Bonville, Clear Street
Just over a year ago, Thomas Bonville joined New York-based, prime brokerage Clear Street as managing director, head of derivative...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by