After jumping into the exchange-traded fund business only four years ago, the United Kingdoms main stock exchange is quickly emerging as Europes hub for ETF transactions, Reuters reports.
European stock markets have a long way to go toward matching the daily ETF trading volume of popular ETFs listed on American stock exchanges. For example, the
BGI is now adding its support to the LSE by facilitating new ETF launches under its popular iShares brand. The four latest launches track Asian and European indexes.
ETF activity at the LSE initially started at a gradual pace, an official said, but orders are accelerating at a rate that is projected to outstrip European competitors. The exchange is currently Europes third largest ETF market in terms of overall volume.
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