‘ ComStage ’

SIX reports slowdown in ETF turnover

Nov 3rd, 2017 | By
SIX reports slowdown in ETF turnover

SIX Swiss Exchange reported a 13.7% drop in Q3 ETF trading volumes compared to Q2, with the majority of the decrease accounted for by equity ETFs, after the benchmark Swiss Market Index SMI traded sideways for much of the quarter. The year-on-year decline was a relatively modest 3.6%.



Unpredictability in the air for Germany ETFs after election

Sep 27th, 2017 | By
German election results likely to have muted impact on ETFs

The results from Germany’s election are in and Angela Merkel’s centre-right coalition remains the largest force in parliament. But with the two largest parties recording their worst result since the 1940s and the far-right Alternative for Germany (AfD) party enjoying considerable support, the political direction of Germany has an added air of unpredictability. How has all this affected markets and, in turn, what’s been the impact on ETFs linked to German equities and bonds?



European basic resources sector ETFs making gains

Aug 2nd, 2017 | By
Market Vectors launches unconventional oil & gas ETF

Exchange-traded funds tracking the STOXX 600 Europe Basic Resources Index have recorded impressive returns recently with the index gaining over 10% in the month to 25 July 2017. The index is tracked by ETFs from Lyxor, iShares, Deutsche Asset Management, ComStage and Source.



Source commodity ex-agriculture ETF launched on Xetra

May 31st, 2017 | By
Horizons switches 12 commodity ETFs to Solactive indices

ETF provider Source has launched a new commodity ETF on Deutsche Börse’s Xetra platform.



SIX Swiss amends rules governing blue-chip SMI Index

May 5th, 2017 | By
SIX reports slowdown in ETF turnover

SIX Swiss Exchange has announced changes to the rules governing the SMI Index, Switzerland’s blue-chip equity index. As of 18 September, the index, which measures the performance of the 20 largest and most liquid stocks on the Zurich stock exchange, will commence a process which will result in the weights of constituents being capped at 18%.



Spanish ETFs tumble as parliamentary elections loom

Jun 17th, 2016 | By
Source registers 59 ETFs in Spain

As parliamentary elections loom in Spain and polls suggest a lack of a clear majority, Spanish ETF returns have continued to dive into negative territory. Spain has been suffering a political deadlock for months following an inconclusive election in December, which stripped Prime Minister Mariano Rajoy’s centre-right People’s Party of an absolute majority and made his goals of austerity and reform ever harder to implement. The election in December also raised worries of prolonged political and economic uncertainty, as seen in neighbouring countries like Greece and Portugal. The Amundi MSCI Spain UCITS ETF (CS1) is now down 14.5% year-to-date and has dropped over 23% in the past year alone.



Commerzbank harnesses fund flow data for asset allocation indices

Oct 29th, 2015 | By
Commerzbank cross-lists multi-asset ETF to SIX Exchange

Commerzbank, the German bank behind the ComStage range of exchange-traded funds, has announced the launch of a family of investable indices based on fund flow data from EPFR, a leading fund flow and asset allocation provider. Covering multiple asset classes including equities, commodities, fixed income and multi-asset, the indices track systematic strategies that utilise the predictive power of fund flow data to make asset allocation decisions. Their systematic nature means they can also be used as the basis for index-linked products such as exchange-traded funds.



Commerzbank rolls out ETFs covering US Treasury and commodity markets

Oct 21st, 2015 | By
Commerzbank roll out new ETFs covering US Treasury or commodity markets

Commerzbank’s exchange-traded fund division Comstage has introduced five new ETFs to the Xetra and Borse Frankfurt exchanges. Four of the new funds track long or short positions for a range of maturities in the US Treasury market while the fifth tracks a basket of commodities from the energy as well as the industrial and precious metal sectors.



1,000th ETF listed on SIX Swiss Exchange

Feb 25th, 2015 | By
Deutsche cross-lists six US sector ETFs to SIX

The number of exchange-traded fund listings on SIX Swiss Exchange has surpassed 1000. The Zurich-based exchange has reached the milestone 15 years after the first ETF was listed on the exchange. “We are proud of reaching this milestone, and we would like to thank our issuers for the trust they show in us with each product launched,” commented Danielle Mair, ETFs & ETPs Sales Manager for SIX Swiss Exchange. Since SIX Swiss unveiled its dedicated ETF segment in 2000 the number of products has grown steadily. Last year proved to be particularly strong, with 162 new products listed, including 50 in the final quarter alone.



Global X Funds unveils Portugal ETF

Nov 14th, 2013 | By
Global X switches underlying index for Portugal ETF

Global X Funds, a New York-based provider of exchange-traded funds (ETFs), has announced the launch of the Global X FTSE Portugal 20 ETF (PGAL), the first US-listed ETF to focus exclusively on Portugal. The fund has been listed on the NYSE Arca and is linked to the FTSE Portugal 20 Index, an index representing the performance of 20 of the largest Portuguese companies traded on the NYSE Euronext Lisbon, ranked by market capitalization.