Global X Joins SIX as New ETF Issuer

Exchange Traded Funds (ETF) provider Global X ETFs (Global X) has joined the Swiss stock exchange (SIX), as the second ETF issuer following Tabula.

According to SIX, as of July 16, investors on the Swiss stock exchange benefit from additional investment choices thanks to two thematic ETFs from Global X.

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The two funds issued by Global X bring the total number of ETFs traded at SIX to 1,539, listed by currently 27 issuers. 234 classify as themes ETFs, including the two new Global X ETFs. Trading turnover in themes 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 this themes ETFs contribute 17.1% to the total ETF trading turnover of CHF 42.9 bn in the first half of 2021.

“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”, says Christian Reuss, Head of SIX Swiss Exchange.

Launched in 2018, Global X’s product lineup features more than 80 ETFs, and over USD 30 billion in assets under management (as of 8 July 2021). Besides, it is a member of Mirae Asset Financial Group, a global leader in financial services, with more than USD 550 billion in assets under management worldwide.