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Global X Funds post record trading volumes


Global X Funds Lithium ETF traded more than 450,000 shares on its opening day on 23 July 2010, making it one of the most successful ETF launches this year.

Other Global X ETFs posted significant volumes on the same day, including Global X China Consumer ETF which hit a record volume of over a million shares.

Global X Funds currently manages USD336.9m in assets.

Over the last two weeks alone, there have been 88 creation units across the China Consumer ETF, China Materials ETF, China Financials ETF, Colombia ETF, Silver Miners ETF, Brazil Mid Cap ETF and the newly issued Lithium ETF.

Creation units are created by large institutional investors called authorised participants. In general creation units consist of 50,000 shares. This represents an aggregate inflow of USD76.8m into the fund family over the last two weeks.

"We are committed to bringing innovative and relevant products to market, facilitating access to the most attractive segments across the global markets" says Bruno del Ama, chief executive of Global X Funds.

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