US-Based Global X Joins SIX as a New ETF IssuerJuly 16, 2021
SIX, an operator and provider of infrastructure services for the Swiss and Spanish Stock Exchanges, announced that Global X, a New York-based provider of global exchange-traded funds (ETFs), has joined SIX as a new ETF issuer today.
According to an official announcement shared by SIX, Global X has joined the platform as the second new issuer of ETFs in 2021. Earlier this year, SIX welcomed Tabula as an ETF issuer. Overall, Global X became the 9th product issuer to join SIX this year.
With the joining of two funds by Global X, SIX now has a total of 1,539 ETFs, listed by 27 issuers.
“Investors increasingly turn to SIX in order to trade ETFs. In 2020, a record 1.67 million ETF trades were executed on the Swiss stock exchange, and on top of that, in the first half of the current year, on-exchange ETF trading has seen further growth. A warm welcome to Global X newly offering their thematic ETFs on our exchange”, Christian Reuss, Head of SIX Swiss Exchange, said.
On 8 July 2021, SIX announced the launch of a new dedicated segment for SMEs.
Global X ETFs
Founded in 2008, Global X has a wide range of products, including 80 ETF strategies and more than $30 billion in assets under management. Global X is a part of Mirae Asset Financial Group, a global financial giant that has more than $550 billion worth of assets under management. “The two funds by Global X bring the total number of ETFs traded at SIX to 1,539, listed by currently 27 issuers. 234 classify as themed ETFs, including the two new Global X ETFs. Trading turnover in themed ETFs accounts for CHF 7.35 bn in the first half of the current year, which is 44.7% more than in the same period 2020, and with these themed ETFs contribute 17.1% to the total ETF trading turnover of CHF 42.9 bn in the first half of 2021,” the exchange added.
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