First ETF tracking cyber security lists on London Stock Exchange
- ETF Securities product tracks International Securities Exchange (ISE) cyber security index
- First European ETF providing exposure to the cyber security industry
- Over 100 ETFs listed on London Stock Exchange in 2015
London Stock Exchange today welcomes the first Exchange Traded Fund (ETF) tracking the cyber security industry to list on its markets. The ETFS ISE Cyber Security GO UCITS ETF provides access to a globally diversified basket of cyber security focused companies, selected via a rules-based and UCITS-compliant index methodology. These are diversified across sub-industry, country and market capitalisation and offer focused exposure to cyber security companies.
To celebrate the launch, ETF Securities and ISE opened trading in London this morning. London Stock Exchange has now seen over 100 ETFs and 25 ETPs listed in 2015 and has more than 1,000 ETFs on its markets in total. In August, London Stock Exchange had 32.4 per cent market share of ETF trading in Europe.
Pietro Poletto, Head of Fixed Income and Listed Products, London Stock Exchange Group said:
“London is the premier listing and trading venue for ETFs in Europe and we are delighted that ETF Securities and ISE have chosen to issue this innovative new product here. This is the first of its kind in Europe and demonstrates the dynamic growth of the industry and London’s ability to offer the widest diversity of products, building on the recent listing of the first global robotics and automation ETF. We have seen exciting growth in secondary market trading on our markets and expect appetite for these products to remain very strong.”
Howie Li, Co-Head of Canvas, ETF Securities said:
“We are delighted to be announcing that ETFS ISE Cyber Security GO UCITS ETF (ISPY), the first European ETF to provide pure exposure to the cyber security sector is listing on the London Stock Exchange today.
We have partnered with ISE ETF Ventures to launch this innovative ETF in an exciting growth sector. With the success that ISE has found bringing this exposure to the US market, this investment solution will provide European investors with a global portfolio of listed cyber security companies that capture activity from both emerging and established organisations.
The dynamic world of disruptive technologies continues to advance and ETF Securities will continue to focus on harnessing the growth opportunities highlighted by technological advances and industry trends with new and innovative products.”
Kris Monaco, Head of ISE ETF Ventures said:
“As cyber crime continues to grow, governments and companies are prioritising cyber security as an essential investment. With 42.8 million cyber attacks in 2014 and global cyber crime costing an estimated $400 billion[i] this is a sector we can expect to dominate headlines and corporate budgets. The ISE Cyber Security UCITS Index demonstrates our continued commitment to growth and expansion in the indexing and ETF space.
The ETFS ISE Cyber Security UCITS ETF provides investors with exposure to the first and only European product to track the firms that provide cyber security technologies meeting this growing demand. Moreover, we are thrilled to partner with ETF Securities to offer European investors access to this vital and dynamic sector.
For further information:
Ed Clark +44 (0)20 7797 1222
Notes to editors:
About London Stock Exchange Group:
London Stock Exchange Group (LSE.L) is a diversified international market infrastructure and capital markets business sitting at the heart of the world's financial community. The Group can trace its history back to 1698.
The Group operates a broad range of international equity, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS, Europe's leading fixed income market; and Turquoise, a pan-European equities MTF. It is also home to one of the world’s leading growth markets for SMEs, AIM. Through its platforms, the Group offers international business and investors unrivalled access to Europe's capital markets.
Post trade and risk management services are a significant part of the Group’s business operations. In addition to majority ownership of multi-asset global CCP operator, LCH.Clearnet Group, LSEG operates CC&G, the Italian clearing house; Monte Titoli, the T2S-ready European settlement business; and globeSettle, the Group’s newly established CSD based in Luxembourg.
The Group is a global leader in indexing and analytic solutions. FTSE and Russell Indexes offer thousands of indices that measure and benchmark markets around the world. The Group also provides customers with an extensive range of real time and reference data products, including SEDOL, UnaVista, Proquote and RNS.
Following the acquisition of Russell Investments, LSEG conducted a comprehensive review of the investment management business to analyse its strategic fit with the Group. This was concluded in February 2015, and LSEG is now exploring a sale of the business in its entirety.
London Stock Exchange Group is a leading developer of high performance trading platforms and capital markets software for customers around the world. In addition to the Group’s own markets, over 35 other organisations and exchanges use the Group’s MillenniumIT trading, surveillance and post trade technology.
Headquartered in London, with significant operations in North America, Italy, France and Sri Lanka, the Group employs approximately 4,700 people.
Further information on London Stock Exchange Group can be found at www.lseg.com