Today, SIX welcomed First Trust as a new issuer of exchange-traded funds (ETFs). It is the 28th issuer of ETFs on Europe’s third largest exchange.

First Trust’s two new products raise the total number of ETFs traded at SIX Swiss Exchange to 1,710. Société Générale takes over market making for continuous liquidity provision.

“We warmly welcome First Trust Global Funds plc as new ETF issuer. As Europe’s third largest exchange, SIX Swiss Exchange offers a comprehensive selection of over 1,700 ETFs with a broad range of themes. In this way, we create a transparent basis for institutional and private investors to make well-founded investment decisions, whether for retirement savings or autonomy in financial matters”, says Christian Reuss, Head SIX Swiss Exchange.

The two ETFs newly tradable as of today provide investors with additional opportunities to diversify their portfolio with US and even global underlyings while focusing on dividend-paying stocks or cybersecurity, respectively. With these two new listings nearly a quarter of the 1,710 ETFs listed at SIX Swiss Exchange provide access to the US as investment region.

Trading turnover in ETFs on book at SIX Swiss Exchange accounted for CHF 21.97 bn. in the first nine months of the current year, which is 8.6% lower compared to last year due to the challenging geopolitical and interest rates environment. Nevertheless, positive turnover is trending in the third quarter by scoring CHF 14.55 bn which was up 8.96% compared with the previous quarter.

First Trust is a privately owned U.S. based financial services firm established in 1991. It distributes a range of First Trust U.S. registered ETFs and Irish domiciled UCITS funds.