Reported weekly on-exchange exchange-traded product turnover fell by 19.03 per cent on the previous week to EUR9.3bn, according to data released by Lyxor.
Underlying equity market activity (measured by the Stoxx Europe 600 Index turnover) increased by three per cent at EUR119bn. Reported on exchange ETP trading was 7.83 per cent of equivalent equity market activity.
On a 20 day basis Lyxor was ranked number two with 18.19 per cent market share with iShares at number one with market share of 35.5 per cent.
On a five-day basis Lyxor was ranked number two with 17.18 per cent market share, iShares market share on a five-day basis was 34.30 per cent.
The LSE had the largest market share on both a five and 20 day basis with 32.53 per cent on a 20-day basis and 35.25 per cent on a five-day basis.
The Deutsche Boerse follows with market share of 26.20 per cent on a 20 day basis and 23.62 per cent on a five-day basis.
Commodity turnover remained relatively resilient falling by less than four per cent, while regional ETFs had substantial decreases in activity with turnover falling by close to 27 per cent. Turnover in the country related area decreased by 20.31 per cent, and fixed income turnover also fared better than the market as a whole.