Trading of nine new ETFs begins on the Spanish stock exchange

Trading of nine new Etfs begins on the Spanish stock exchange ..…

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This represents a significant increase in the number of underlying assets

The Spanish stock exchange started trading nine new exchange traded funds (ETFs), issued by Lyxor Asset Management, today. This issue brings the number of ETFs listed on the Spanish stock exchange to 41, thus significantly increasing the number of underlying assets available with new international and sectorial equity indices, both in Asia and North America as well as fixed income indices.

The Spanish exchange traded funds segment, which started on 20 July 2006, marks its fourth anniversary with over 40 listed products. Thanks to a recent change in the regulations, new ETFs will be listed on the market in the coming months.

Trading volume for the ETF segment in June was up 53% on the same month of 2009, at €750 million. The number of trades totalled 6,762 in June, up 83% year-on-year.

Below is a list of the new ETFs listed on the Spanish stock exchange:

Source: ETFWorld – BME