ETF trading surges on LSE

The total number of ETF trades increased 191% to a record 48,179. The market has steadily grown since a change to stamp duty rules in February made it easier for overseas firms, such as Lyxor, to issue new stock market traded index trackers in the UK. “The rise in ETF trading is due to the significant amount of new ETFs that have been issued on the exchange and the raised awareness of the advantages of ETFs,” says a spokesman of the LSE.

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