September ETF trading on LSE up 18% from 2016

Oct 11th, 2017 | By | Category: ETF and Index News

The London Stock Exchange (LSE) has released its monthly ETF roundup for September 2017. Total on-exchange value traded for ETFs during the month was £28.2 billion through 289k trades, up 18% compared to September 2016. The month also saw 22 new ETF listings on the London exchange, bringing the total number up to 1,384.

September ETF trading on LSE up 18% from 2016

BlackRock had two of the three most-traded ETFs on the LSE during September.

Among those new listings were six products from iShares, four from Franklin Templeton, three from db X-trackers, and one each from UBS and Lyxor.

2017 has seen 111 new listings in total, comprising of 66 new equity products, 36 new fixed income products, and nine new commodity products. The average number of new listings over the last five years is 169, and 2017 looks set to be roughly in line with this come the end of the year.

There are now 27 issuers using the LSE to list a total of 1,384 ETFs.  Total on-exchange value traded in 2017 to 30 September was £240bn through 2.8 million trades, up 5% compared to the same period last year. In September, the average order book trade size was £37k for ETFs and £43k for other ETPS.

In the asset class breakdown of ETFs on the LSE, 53% are equities, 25% are fixed income and 17% are commodity products. The LSE has 49% of its ETFs listed in dollars, 42% listed in pounds sterling and 9% listed in euros.

The most actively on-book traded ETF on the LSE during the month was the iShares Core FTSE 100 UCITS ETF (ISF), narrowly beating the iShares Core S&P 500 UCITS ETF (CSPX) with the third-placed Vanguard S&P 500 UCITS ETF (VUSD) some way behind.

The most actively on-book traded ETP was the Source Physical Gold P-ETC (SGLD), which despite having a smaller trade size had more than double the number of trades of its closest rivals, the ETFS Physical Gold (PHAU) and the iShares Physical Gold (IGLN).

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