London Stock Exchange Group Welcomes New ETF Issuer

  • Ossiam launches first products in London; opens market
  • LSEG largest ETF venue in Europe by number of issuers

    London Stock Exchange Group today welcomes Ossiam as a new issuer of exchange traded funds (ETFs) on its UK markets. The company is the twentieth to list such products on the Group’s markets across London and Milan. There are now more issuers with ETFs listed across the Group than on any other exchange in Europe.

Ossiam has listed 4 products, offering exposure to European and US equity indices. They are:

  • OSSIAM ETF iSTOXX Europe Minimum Variance NR
  • OSSIAM ETF US Minimum Variance NR
  • OSSIAM ETF EURO STOXX 50 Equal Weight NR
  • OSSIAM ETF STOXX 600 Equal Weight NR

To mark the occasion Bruno Poulin, Chief Executive of Ossiam, was joined by Xavier Rolet, Chief Executive of London Stock Exchange Group, to open trading at the London Stock Exchange today.

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

“Our ETF markets continue to go from strength to strength. Not only do our markets see more ETF volume traded than any other exchange in Europe, but we are host to more ETF issuers than any other exchange in Europe too.

“Through Ossiam’s new ETFs, investors will have the opportunity to gain exposure to high quality products on an established, liquid platform.”

Today’s listings follow the launch of Ossiam’s first ETFs on Borsa Italiana on 1 July, when the firm listed four products offering exposure to US and European equity indices.

From today there are 481 ETFs listed on the London Stock Exchange. In the first half of 2011 there were 369,600 ETF trades worth a combined £19 billion on the Exchange’s order book, a 40.3 per cent and 33.5 per cent increase respectively on the same period last year.

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For further information please contact:

London Stock Exchange Group:

Jonny Blostone                      Press Office + 44 (0)20 7797 1222

                                                newsroom@londonstockexchange.com
Ossiam

Evan DeBarra                       The HeadLand Consultancy + 44 (0)20 7367 5227

                                                edebarra@headlandconsultancy.co.uk

Notes to editors:

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.