As the markets experienced large falls this week, European ETP trading soared but there have been no large re-positionings.
ETP turnover in Europe spiked yesterday in the wake of the global market drops but overall flows have remained flat this week. Turnover in exchange-traded products increased 54% this week across Europe. Euronext, which has markets in Amsterdam, Brussels, Lisbon and Paris, saw trading increase to €853million yesterday compared to a year-to-date average of €443.2 million. ETF turnover on the London Stock Exchange leapt to £541.38 million (€622.98 million) yesterday, up from its monthly average of £364.9 million (€419.9 million). Despite this huge increase in trading activity caused b...
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