U.S. listed exchange-traded fund and exchange-traded note (ETN) assets fell 17.6% year-over-year to $493 billion in October from $598 billion at the end of October 2007, according to the National Stock Exchange, or NSX. The NSX, the former Cincinnati Exchange moved to Jersey City, N.J. earlier this year. Net cash inflows were $6.8 billion, bringing the total net cash flow year-to-date through Oct. 31 to more than $109 billion.
The NSX said notional trading volume for ETFs/ETNs totaled a record $3.3 trillion during October, representing 38% of all U.S. equity trading volume. At the end of the month, the number of listed products totaled 806, up 28.5% from the 627 listed one year ago. The NSX monthly statistics include shares of open-end exchange-traded products, encompassing listed shares of investment companies, grantor trusts, ETNs and commodity pools. For the full report go to http://www.nsx.com/content/market-data