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Press releases 2010


15 September 2010
London Stock Exchange Group welcomes 45 Credit Suisse ETFs

-         New issuer for UK market
-         Product range expanded in Milan
-         Total number of London ETFs surpasses 300

45 Exchange Traded Funds (ETFs) issued by Credit Suisse have been admitted to trading across London Stock Exchange Group’s markets in the UK and Italy today. Credit Suisse has launched its London offering with 45 ETFs on the Main Market, 13 of which have also been listed on Borsa Italiana’s ETFPlus market today, expanding the firm’s existing range of products in Milan.

The products offer exposure to a wide range of benchmark indices from a variety of regions including Europe, North America, BRIC countries and other emerging markets.

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

“We are delighted to welcome Credit Suisse as a new issuer of ETFs on our London market today, and are pleased to accommodate the expansion of their existing product range in Milan. Europe’s exciting ETF growth story continues apace, and we are determined to continue leading it. Together, London Stock Exchange Group’s UK and Italian markets compose the largest ETF exchange in Europe by volume.”

Dan Draper, Credit Suisse, Global Head of ETFs, said:

"We are very pleased that Credit Suisse's successful ETF platform, is entering the UK market and is joining forces with the London Stock Exchange to provide investors with a wide range of ‘Best in Class’  Swap based and physical replication ETFs.  We believe this is an exciting time for the European ETF industry.  This is only the beginning of the story, we see potential for rapid growth in Europe, similar to that seen in the US over the past decade."

There are now 11 ETF issuers listing 326 products in London, and 11 ETF issuers listing 478 products in Milan. Trading activity in ETFs and other ETPs has continued to rise across the Group’s markets during 2010. Between January and August there were an average 16,710 trades worth £443m each day, a year-on-year increase of 47.4 per cent and 38.3 per cent respectively.

The full list of products issued by Credit Suisse today is as follows:

London Stock Exchange (Main Market)

 

Borsa Italiana (ETFPlus)

CS ETF (IE) on iBoxx EUR Govt 1-3

 

CS ETF (IE) on MSCI South Africa

CS ETF (IE) on iBoxx EUR Govt 3-7

 

CS ETF (IE) on MSCI Pacific ex Japan

CS ETF (IE) on iBoxx EUR Govt 7-10

 

CS ETF (IE) on MSCI India

CS ETF (IE) on iBoxx USD Inflation Linked

 

CS ETF (IE) on MSCI Brazil

CS ETF (IE) on iBoxx EUR Inflation Linked

 

CS ETF (IE) on MSCI EM Latin America

CS ETF (IE) on MSCI UK Large Cap

 

CS ETF (IE) on MSCI EM Asia

CS ETF (IE) on MSCI UK Small Cap

 

CS ETF (IE) on MSCI Chile

CS ETF (IE) on MSCI USA Large Cap

 

CS ETF (IE) on CSI 300

CS ETF (IE) on MSCI USA Small Cap

 

CS ETF (IE) on MSCI Taiwan

CS ETF (IE) on MSCI Japan Large Cap

 

CS ETF (IE) on MSCI EM EMEA

CS ETF (IE) on MSCI Japan Small Cap

 

CS ETF (IE) on MSCI Korea

CS ETF (IE) on MSCI EMU Small Cap

 

CS ETF (IE) on MSCI Mexico Capped

CS ETF (IE) on iBoxx USD Govt 1-3

 

CS ETF (Lux) on MSCI Emerging Markets

CS ETF (IE) on iBoxx USD Govt 3-7

 

 

CS ETF (IE) on iBoxx USD Govt 7-10

 

 

CS ETF (IE) on MSCI South Africa

 

 

CS ETF (IE) on Nikkei 225

 

 

CS ETF (IE) on MSCI Pacific ex Japan

 

 

CS ETF (IE) on MSCI Canada

 

 

CS ETF (IE) on MSCI USA

 

 

CS ETF (IE) on MSCI UK

 

 

CS ETF (IE) on FTSE 100

 

 

CS ETF (IE) on EURO STOXX 50®

 

 

CS ETF (IE) on Dow Jones Industrial AverageSM

 

 

CS ETF (IE) on FTSE MIB

 

 

CS ETF (IE) on MSCI Japan

 

 

CS ETF (IE) on MSCI Europe

 

 

CS ETF (IE) on MSCI EMU

 

 

CS ETF (IE) on Nasdaq 100

 

 

CS ETF (IE) on MSCI India

 

 

CS ETF (IE) on MSCI Brazil

 

 

CS ETF (IE) on S&P 500

 

 

CS ETF (IE) on MSCI EM Latin America

 

 

CS ETF (IE) on MSCI EM Asia

 

 

CS ETF (IE) on MSCI Chile

 

 

CS ETF (IE) on MSCI Australia

 

 

CS ETF (IE) on MSCI Russia

 

 

CS ETF (IE) on CSI 300

 

 

CS ETF (IE) on MSCI Taiwan

 

 

CS ETF (IE) on MSCI EM EMEA

 

 

CS ETF (IE) on MSCI Korea

 

 

CS ETF (IE) on MSCI Mexico Capped

 

 

CS ETF (Lux) on MSCI EMU Large Cap

 

 

CS ETF (Lux) on MSCI Emerging Markets

 

 

CS ETF (Lux) on MSCI EMU Mid Cap

 

 


- ends -

 

For further information, please contact:

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

                                                            newsroom@londonstockexchange.com

 

Notes to editors:

About London Stock Exchange Group:

London Stock Exchange Group is Europe's leading diversified exchange business, incorporating Borsa Italiana and the London Stock Exchange. With over 500 member firms and more than 3,000 companies quoted across its markets, the Group operates the largest and most liquid equity marketplace in Europe.

The London Stock Exchange itself is the world's most international exchange with around 600 overseas companies from almost 70 countries. These figures include international companies quoted on the Alternative Investment Market (AIM), the London Stock Exchange's growth market, and the world's most successful market for small and medium sized enterprises with over 1,200 companies.

The Group offers trading in a wide range of instruments, holding the number one position in the trading of exchange-traded products (ETFs and ETCs) and through its interest in MTS, is Europe’s leading platform for the trading of fixed income products. Through the Order Book for Retail Bonds and Mercato Telematico delle Obbligazioni (MOT) the Group also offers a comprehensive range of UK and European corporate and government bond trading services. Its Italian Derivatives Exchange Market (IDEM) sees over €2.5 billion worth of trading every day and through EDX London the Group provides a facility for the trading of Scandinavian and Russian equity derivatives.

London Stock Exchange Group also offers post-trade services such as netting, clearing and settlement on an efficient and competitive basis. These include services from Monte Titoli, the Central Securities Depository for all Italian financial instruments, and Cassa di Compensazione & Garanzia (CC&G), which in July 2009 was granted Recognised Overseas Clearing House (ROCH) status by the FSA to operate in the UK.

With the acquisition of MillenniumIT, the Group encompasses a leading developer of low cost high performance trading platforms and financial markets software serving both the industry and the Group's own businesses.

Since February 2010 London Stock Exchange Group has owned a majority stake in Turquoise, a Multilateral Trading Facility (MTF) providing pan-European and US lit and dark equity trading in some 2,000 securities across 19 countries.