ETFs - A Leading Financial Innovation.- From Continent to Sectors: Challenges and Uses of ETFs in Europe.- Spiders: Where Are the Bugs?.- Xetra Active Funds (XAF) - More than "Just" Index Tracking.- The Role of Exchange Traded Funds in the Active vs. Passive Debate.- ETFs - Tactical Asset Allocation Tools.- Exchange Traded Funds from a Lawyer's Perspective - The Case of Germany.- Liquidity and Innovation - Nothing Else Matters.- The Gateway to International Islamic Investing.- Review: Facts & Figures on ETFs.