Record ETF/ETC Trading Volumes On LSE
November 10, 2009 1:17 am
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The London Stock Exchange Group, which includes the London exchange and Borsa Italiana, reported record volumes of trading in exchange-traded funds and commodities during October. The number of ETF/ETC trades was up 76% over October 2008, while the average daily value traded increased 40% to £448 million. By comparison, cash equity trading volumes were down 39% from the same month the previous year. The average daily volume traded on the UK order book was down 44% annually.
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