Clearstream’s June Metrics Stagnate, Failing to Move on Brexit

Moderator: moderators

kreslik.news
rank: 5000+ posts
rank: 5000+ posts
Posts: 5142
Joined: Thu Jan 14, 2016 9:36 am
Reputation: 0
Gender: None specified

Clearstream’s June Metrics Stagnate, Failing to Move on Brexit

Postby kreslik.news » Wed Jul 13, 2016 7:40 am


Clearstream, a provider of post-trade services for financial services participants, today issued its latest monthly report indicating that the demand for Exchange Traded Funds (ETF) has been steadily growing.

The market now has a value of more than €450 billion with over 2,200 products in over 20 countries.

Increase in demand for ETFs

Jeffrey Tessler, Chairman of Clearstream, noted that the boom was curtailed by settlement and realignment challenges within the fragmented European market. He said: “In Europe, ETFs are listed on multiple exchanges in different regions. As a result, trading desks have to hold multiple accounts with all Central Securities Depositories (CSDs) ... (read more)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

Return to “news”