Assets in ‘safe-haven' exchange-traded products (ETPs) rose last week as investors adjusted positions in response to falling stock markets.
As the markets experienced large falls this week, European ETP trading soared but there have been no large re-positionings.
In this week's roundup ETFM brings you news of all the listings, filings and flows in the ETP market.
Last month ETF trading on Euronext reached 17% of all equity trades, its highest ever level and there is still room for growth.
LaBranche is growing its on-exchange market making business as mergers between European exchanges push the market towards a unified exchange.
In the first of our regular Over-the-Counter columns, ETFM brings you updates on the people who make the ETF industry tick.
In the first of a series of weekly interviews, Michael John Lytle, Source's London-based director, talks to ETFM about his favourite pastimes and his alternative career path.
Inflows into exchange traded funds during the first half of 2011 have far exceeded those in 2010.
Despite all the noise around sythetic ETFs, there is just as much risk in physical ETFs if counterparty risk is not diversified.
Source has grown rapidly since it first joined the ETP market in 2009 and although it is comparatively small its flows put it above some of the biggest European players.