(Vienna) The Vienna Stock Exchange is expanding its range of Exchange Traded Funds for the third time this year. As of today, 50 additional index funds from Amundi, BNP Paribas, Deka and iShares, which track the performance of regions, sectors and asset classes, are available for trading. Since the beginning of the year, the ETF range on the Vienna Stock Exchange has more than doubled.
"ETFs are enjoying growing popularity as they offer investors an efficient and cost-effective way to invest in entire markets or sectors. The Vienna Stock Exchange is responding to this development and, with its steadily growing range of products, is providing an attractive trading venue for domestic investors. The sharp rise in ETF turnover to record levels confirms that we are on the right track here," says Manuel Kurz, Deputy Head of Member Sales & Business Development at Wiener Börse AG.
As market maker, Lang & Schwarz guarantees high price quality and ensures continuous tradability. There is now a total of around 340 ETFs listed on the Vienna Stock Exchange. When trading on the domestic national stock exchange, investors benefit from favourable conditions without foreign fees and subscription fees.
Complete list of new ETFs (pdf-file 135 KB)
About the Vienna Stock Exchange
As the central infrastructure provider in the region, Wiener Börse AG opens doors to global markets. It unites the stock exchanges in Vienna and Prague. Listed companies benefit from maximum liquidity there, and as the market leader it offers investors fast and inexpensive trading. Wiener Börse collects and distributes price data and calculates the most important indices for a dozen markets in the region. Thanks to its unique know-how, the national exchanges in Budapest, Ljubljana and Zagreb also rely on the IT services of the Vienna Stock Exchange. In addition, it is involved in other energy exchanges and clearing houses in the region.
Disclaimer
This press release may contain certain forward-looking statements and projections based on assumptions current at the date of this press release. We assume no liability whatsoever that these forward-looking statements will occur. Furthermore, we expressly point out that this press release does not serve as a basis for an investment decision and constitutes neither an invitation to buy nor an investment recommendation by Wiener Börse AG. The information in this press release is provided without guarantee.
