News & Knowledge Center
Oct 04, 2012

Deutsche Börse

New SPDR ETF launched on Xetra

First ETF on S&P 500 companies with lowest volatility

A new exchange-listed equity index fund issued by SPDR (State Street Global Advisors) has been tradable on Xetra since Thursday.

ETF name: SPDR S&P 500 Low Volatility ETF
Asset class: equity index ETF
ISIN: IE00B802KR88
Total expense ratio: 0.35 percent
Distribution policy: non-distributing
Benchmark: S&P 500 Low Volatility Index


The SPDR S&P 500 Low Volatility ETF enables investors to participate for the first time in the performance of 100 companies in the S&P 500 index with the lowest volatility.

The S&P 500 Total Return Net Index is weighted according to free float market capitalisation and tracks the performance of the 500 largest US stock corporations. The index is calculated on the basis of the reinvestment of dividends and distributions after the deduction of any tax.  

The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,004 exchange-listed index funds, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of around €12 billion, makes Xetra Europe’s leading trading venue for ETFs.

Market Status XETR

XETR

The market status window is an indication regarding the current technical availability of the trading system. It indicates whether news board messages regarding current technical issues of the trading system have been published or will be published shortly.

Please find further information about incident handling in the Emergency Playbook published on the webpage under Data & Tech > Information Channels > Emergency procedures. Detailed information about incident communication, market re-opening procedures and best practices for order and trade reconciliation can be found in the chapters 4.2, 4.3 and 4.5, respectively. Concrete information for the respective incident will be published during the incident via newsboard message

We strongly recommend not to take any decisions based on the indications in the market status window but to always check the production news board for comprehensive information on an incident.

Emergency procedures

An instant update of the Market Status requires an enabled up-to date Java™ version within the browser.