The Asia-Pacific ETP market witnessed a total weekly turnover of $14.5 billion last week, ETF Express reports. The turnover is 81.2% more than the previous week and 204% up from last year’s weekly average.
South Korea led the turnover ranking with $6.4 billion. Hong Kong followed with $2.9 billion and Japan $1.9 billion. Among equity ETPs, emerging country, leveraged strategy, short strategy and Asia-Pacific developed country ETPs saw a significant week-over-week rise in turnover.
Click here for the story from ETF Express.