National Stock Exchange (NSX), an exchange traded fund (ETF) and market statistic compiling company, announced that notional trading volume in U.S.-listed funds reached a record monthly total in January 2008.
The record monthly total of $2.23 trillion is an increase of 236% over January 2007 when trading volume was at $664.5 billion, reports Chicago Business News.
ETF assets reached $587.1 billion at the end of January 2008, a 34% increase. The NSX’s full report provides ETF data on assets under management, net cash flow and national volume. Statistics cover shares of open-end ETF products including listed shares of investment companies, grantor trusts, ETNs and commodity pools.
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