NYSE Euronext (NYX) is celebrating the 10th anniversary of ETFs on its European market following the listing of products by iShares and Lyxor back in January 2001.
Over the past five years, the number of ETFs listed on NYSE Euronext’s European market has increased more than tenfold, rising from 53 in January 2005 to 543 ETFs today with 618 listings and covering a range of more than 350 indices for a variety of asset classes and market segments.
ETFs are winning increasing favour, with assets of the products listed on our European market rising 50% since 2007 to top EUR130 billion at present. The number of trades in these products almost tripled over the same period.
In 2010 two new issuers, Comstage ETF and ESAF ETF, joined the NYSE Euronext European ETF market place with products based on the CAC 40, CAC 40 Short, CAC 40 Leverage, PSI 20, PSI 20 Leverage and NYSE Euronext Iberian Index. NYX now list funds from 17 individual ETF issuers.
“ETFs have shown spectacular growth globally for the past 10 years, we continue to embrace the product as a valuable investor tool making NYSE Euronext a leader in the field,” says Lisa Dallmer (pictured), Chief Operating Officer of European Cash Markets & Execution Services for NYSE Euronext. “Such performance is a reflection of our strategy of developing innovative products alongside leading trading technology to meet the changing demands of the European market.”