Deutsche Börse is further expanding its XTF segment for exchange-traded funds (ETFs) on the Xetra trading platform. Thirteen new funds issued by db x-trackers, a subsidiary of Deutsche Bank, have been tradable since Thursday.
The new ETFs increase investment opportunities on a wide range of markets. For the first time, four ETFs are using currency indices as an underlying. These ETFs track the performance of carry and momentum strategies, among others. A further six ETFs allow investors to track the performance of country indices, including that of the Australian S&P/ASX Index and the FTSE Vietnamese Index.
The last three funds available to investors are the db x-trackers S&P 500 Short ETF, the first Short ETF on the S&P 500 Index, and two new subject indices, the db x-trackers LPX MM Private Equity ETF and the db x-trackers S&P Global Infrastructure ETF.
Deutsche Börse’s XTF segment set a new turnover record in January 2008 with €14.4 billion. The product offering currently contains a total of 300 exchange-traded index funds, and is therefore the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of over €9 billion, makes Deutsche Börse’s XTF segment Europe’s leading trading venue for ETFs.
The new ETFs increase investment opportunities on a wide range of markets. For the first time, four ETFs are using currency indices as an underlying. These ETFs track the performance of carry and momentum strategies, among others. A further six ETFs allow investors to track the performance of country indices, including that of the Australian S&P/ASX Index and the FTSE Vietnamese Index.
The last three funds available to investors are the db x-trackers S&P 500 Short ETF, the first Short ETF on the S&P 500 Index, and two new subject indices, the db x-trackers LPX MM Private Equity ETF and the db x-trackers S&P Global Infrastructure ETF.
Deutsche Börse’s XTF segment set a new turnover record in January 2008 with €14.4 billion. The product offering currently contains a total of 300 exchange-traded index funds, and is therefore the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of over €9 billion, makes Deutsche Börse’s XTF segment Europe’s leading trading venue for ETFs.
