London Stock Exchange tops global exchanges for Emerging Market

  • First exchange traded product to track FTSE Emerging EMEA 40 index launched by ETF provider, Source
  • London Stock Exchange world leader in listed Emerging Market ETFs

The London Stock Exchange today confirmed that it offers trading in more emerging markets exchange traded funds (ETFs) than any other exchange in the world. There were a total of 158 emerging market ETFs listed on the Exchange in May 2011 compared with 126 on the New York Stock Exchange (NYSE Arca) and 93 on Deutsche Boerse1.

The London Stock Exchange this week also welcomed a new exchange traded fund from leading ETF provider, Source. The FTSE Emerging EMEA 40 Source ETF is the first exchange traded product to track the FTSE Emerging EMEA 40 Index - both created in collaboration with BofA Merrill Lynch. The Index, calculated and managed by FTSE offers exposure to the 40 largest and most liquid stocks in the emerging countries of the European, Middle East and African (EMEA) region.

Pietro Poletto, Head of ETFs and ETPs at London Stock Exchange Group, said:

“The London Stock Exchange has long been a hub for emerging markets business, both in terms of issuance and investment. These figures prove that these credentials extend to our ETF offering, which is the largest in the world by emerging markets products. The Source ETF listing further enhances that range, offering investors exposure to a new index on a well established and highly liquid platform.”

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For further information, please contact:

Tom Gilbert                                        Press Office +44 (0)20 7797 1222

                                                            newsroom@londonstockexchange.com

Notes to editors:

1. BlackRock, ETF Landscape: Emerging Market ETFs Industry Review, May 2011

About London Stock Exchange Group:

London Stock Exchange Group (LSE.L) sits at the heart of the world’s financial community. The Group operates a broad range of international equity, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS, Europe's leading fixed income market; and Turquoise, offering pan-European and US lit and dark equity trading. Through its markets, the Group offers international business unrivalled access to Europe’s capital markets.

The Group is a leading developer of high performance trading platforms and capital markets software and also offers its customers around the world an extensive range of real-time and reference data products and market-leading post-trade services. 

Headquartered in London, United Kingdom with significant operations in Italy and Sri Lanka, the Group employs around 1500 people. Further information on London Stock Exchange Group can be found at www.londonstockexchangegroup.com.