For October, 17 new ETPs and 10 new ETNs were listed. Most of the new funds provide access to existing markets but with new target strategies.
Monthly turnover dropped 6.4% to $1.9 trillion, compared to $2 trillion in September, with the largest decline in equity ETP turnover, followed by commodities. On the other hand, fixed-income ETP turnover rose.
Total U.S. ETP trades accounted for 33.6% of all U.S. cash equities trading for the month, which is above its three-year monthly average of 31.5%.
For more information on ETFs, visit our ETF 101 category.
Max Chen contributed to this article.