Rob25

The State of European ETFs

It appears that there are opportunities to Arbitrage the European markets with spread trades between some of the individual country ETFs. For instance selling the Italy ETF (EWI) and buying the Swiss ETF (EWL).

Since August, Italian stocks have sold off on heavy volume. Generally trade volumes on global exchanges have been at record levels over the past few months. However, trading levels on the Milan Stock Exchange are over 300% higher then the previous three month period between May and July. The Swiss sell off volume, by comparison, is up only 10% over the same period.

www.mobindex.com/quote...