ETFs on ISE - Can anyone see volume?

Dardania

Hi all,

I am looking for ETFs at the moment to fill out the remaining space in my Davy Select PRSA execution account (thanks for the advice received from here on that!) and I getting conscious of trade fees e.g. I can find loads of ETFs with low TERs on European exchanges (e.g. Amsterdam, Milan, XETRA etc.), but each time I trade, that's €25 + 0.1% - which makes the euro cost averaging approach a bit pricey...

I can of-course go via LSE for any available ETFs (and I have bought a few there e.g. anything in USD or GBP) but for EUR ETFs, I would rather buy on a European exchange, just in case Brexit really upsets the apple cart...

On ISE's website, they have a list of ETFs ( http://www.ise.ie/Market-Data-Announcements/Statistical-Reports/ISE-ETF-Report.pdf ) - only problem is it's impossible to get a feel for volume. Taking this one as an example: http://www.ise.ie/Market-Data-Announcements/Funds/Individual-Fund-Instrument-Data/ShowSubFund/?subFundID=10577&subgroupID=6171 - I called Davy's trading desk, and they are able to see it on ISE; but there's no volume.

Has anyone ever bought on any ETFs on the ISE? And if so, do you have any interface that tells you volume? Another one I would be possibly be interested in is:
http://www.ise.ie/Market-Data-Announcements/Funds/Individual-Fund-Instrument-Data/ShowSubFund/?subFundID=5322&subgroupID=2236
It would be ideal situation to buy on ISE, as it is a European exchange, and no transaction fees (albeit there's stamp duty I think)

JackieChan

Dardania,
Sorry I can't help on the volume question but if I were you(and I have a Davy PRSA also) I would stick to LSE ETFs, no additional fees(not even stamp duty) is great. It's going to be some time before we know what happens with Brexit and you can sell out later if you feel you really need to.

Like you I find the costs for buying on the European exchanges a real negative unless you are buying large modest volumes(at least €2500 per ETF)

Dardania

Really discuouraging regarding the European exchange costs. I just know there are ETFs I’ve invested in that it will be a long time until I add to them / rebalance them...

2 updates on this topic

Davy have said they’d add the two securities above for EU trackers on ISE to their online platform, so now at least they are easily accessible. I’m not 100% sure they understood I was looking for the Irish traded ones, but let’s see in a few days.

And secondly, interesting consultation popped up regarding stamp duty: http://www.finance.gov.ie/updates/minister-donohoe-launches-public-consultation-on-review-of-stamp-duty-charge-on-share-transactions/
if stamp duty was eliminated, it could spur more volume in Ireland. I shall certainly answer...

panoramix

Dardania, JackieChan,

Were you able to find a way to see volume and fees/TER for ISE listed ETFs?
Also, do you know if the ISE provides xls sheet for their ETFs, with more data on them than on the PDF?

Something similar to this for the LSE:
www_dot_lseg_dot_com/sites/default/files/content/documents/etfandetpcategorisation%2002.01.18.xlsx

Or, how can one find this info?