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SocGen tops ETF broker rankings

French bank moves into pole position in European ETF trading, after trading turnover increased as a result of macro economic volatility

Societe Generale has taken the top broker spot for European exchange-traded funds over the first half of 2013, after volatility drove trading turnover up almost 25% on the same period last year.

Markit data published today shows the French Bank has more than tripled its trading turnover, from €8.4bn in the first half of 2012, to €28.5bn over the last six months, taking first position in the broker rankings ̶ up from seventh last year. The figures include both on-exchange and over-the-counter trading.

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