All exchange-traded funds traded on the NYSE Euronext Paris market of reference are now eligible to the Deferred Settlement Service.
This amounts to a total of 369 products versus 147 previously.
The Deferred Settlement Service is a mechanism which allows an investor to take a leveraged position.
Investors now have access to all Paris traded ETFs with leverage in a regulated and secure environment.
These newly eligible ETFs will not be admitted to trading on NYSE Euronext’s centralised borrowing and lending market.
The category of assets that is eligible to the SRD but is not available for trading on the borrowing and lending market is named “eligible to the SRD, long only”.
However investors will be able to benefit from all the advantages offered by the SRD on all the ETFs traded on NYSE Euronext Paris market of reference according to the rules applied by their financial intermediary.
Pedro Fernandes, European head of ETFs for NYSE Euronext, says: “This evolution offers investors the unique opportunity to link the advantages of ETFs to that of the Deferred Settlement Service, notably the efficient access with leverage to a broad range of asset classes within a secured regulated environment.”
