XTF Offers New Suite of US ETF Data
FTSE Russell announced the availability of a new suite of reference and analytics data to help investors research and evaluate the US exchange traded funds (ETF) market.
Acquired by the London Stock Exchange Group (LSEG) in December 2015, the XTF business is operated by LSEG’s Information Services Division, which includes FTSE Russell, a global leader in indexes. The XTF products provide comprehensive and objective ETF coverage delivered through data feeds and customized web solutions that are enhanced by LSEG’s technology infrastructure to provide institutional strength security and performance to customers. XTF data is updated daily and sourced directly from fund sponsors, custodians and exchanges regardless of index provider or listing exchange.
The XTF database compiles and calculates key ETF information across asset classes, sectors and industries, including full daily portfolio holdings and fund flows, and proprietary analytics such as ETF ratings. Daily updates provide relevant and timely information as a tool to support investors’ ETF trading, risk management and investment decisions. ETF issuers, retail brokerage and advisory firms can use the data set to conduct market analysis and create ETF screening and research tools. Five new XTF data modules cover 100% of the US ETF market, over 1,800 ETFs, and include reference data, performance and liquidity data, fund holdings, analytics and thematic data. This proprietary data is available to customers through a searchable website at www.xtf.com, direct data feeds and customized web solutions.
Further expansion of XTF data beyond the US ETF coverage is planned for 2017.
Mark Makepeace, Group Director of Information Services and CEO of FTSE Russell, said: “XTF ETF data solutions add a further element to LSEG’s leading offering in the ETF space. The rapid rise of the global ETF market is prompting demand from institutional and retail investors, as well as their intermediaries, for access to high quality global analytic tools. XTF data and analytics offer a complementary product suite to sit alongside the Group’s global benchmarks, ETF listing venues, research and post trade services to help meet this growing demand.”
Research suggests that the ETF market is one of the fastest growing product classes amongst institutional and retail investors, and is predicted to grow across all geographic regions, reaching approximately $5 trillion by 2020 – roughly 20 percent of global assets under management (AUM). Moreover, more than 250 new ETFs launched in 2015, creating greater choice for investors but making it more complex and difficult to monitor the market.
About FTSE Russell: FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally.
Approximately $10 trillion is currently benchmarked to FTSE Russell indexes. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives. A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants.
FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering. FTSE Russell is wholly owned by London Stock Exchange Group.
Upstart exchange has seen market share increase to near 4%.
Goldman Sachs Asset Management’s fundamental equity business manages over $20bn in thematic equities.
Data extraction and integration is the second stage of a digitization process.
With Ankit Mittal, Business Change Manager, Global Trading, Schroders
IIGCC and lead investors will launch a pilot with companies including BP, Eni, Repsol, Shell and Total.