European ETF trading volumes have broken records for the third week in a row as international reactions to the coronavirus continue to drive market volatility.
According to new data from iShares, these volumes reached $120bn in the week beginning 9 March this year, breaking the records set in the week of 24 February ($110bn) and 2 March ($113bn), nearly three times the $44bn weekly average in 2019. Global equity ETF flows fall over 100% On the busiest days of trading, European ETFs have comprised roughly 30% of all equity trading, while in fixed income, iShares UCITS fixed income ETFs are trading over 200% higher than the 2019 weekly average. Since the sell-off began, flows have remained relatively resilient, with a reduction in emerging ...
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