Deutsche Boerse introduces ETF liquidity indicator on its exchange

1,383 ETFs listed on Xetra

Deutsche Boerse has introduced a liquidity indicator that will allow investors to measure the trading costs of ETFs on its exchange.

The Frankfurt exchange will publish information on trading costs and liquidity to highlight when an ETF might have an attractive bid-offer spread. The intraday Xetra liquidity measure (iXLM) will show how the trading costs of an ETF have developed over the day on its €13bn exchange. iXLM will provide trading data over 30 minute intervals between 9am and 5.30pm of the 1,383 ETFs that are traded on Xetra. On current calculations, Deutsche Boerse said the implicit transaction costs at the best time over the trading day are up to 30% lower than at the worst time. Stephan Kraus, resp...