Global X Funds Post Record Trading Volumes

Global X Funds Lithium ETF

traded more than 450,000 shares on its opening day Friday, July 23, 2010, making it one of the most successful ETF launches this year. Other Global X ETFs posted significant volumes on the same day, including Global X China Consumer ETF

which hit a record volume of over a million shares. Global X Funds is one of the fastest growing ETF companies, currently managing $336.9 million in assets. Over the last two weeks alone, there have been 88 creation units across the China Consumer (

), China Materials ETF

, China Financials ETF

, Colombia ETF

, Silver Miners ETF

, Brazil Mid Cap ETF

, and the newly issued Lithium ETF

. Creation units are created by large institutional investors called Authorized Participants. In general creation units consist of 50,000 shares. This represents an aggregate inflow of $76.8 million into the fund family over the last two weeks.