Bringing you live news and features since 2006 

Euro notes

ETF Securities launches ten Euro-based currency ETCs on Xetra

RELATED TOPICS​

ETF Securities has expanded its exchange-traded currency platform with the listing of ten Euro-based currency ETCs on the Deutsche Börse (Xetra).

 

The ten new currency ETCs track Morgan Stanley Foreign Exchange Indices and are designed to replicate a fully collateralised long or short investment in Euro versus the Swiss Franc, British Pound, Norwegian Krone, Swedish Krona and Yen and also provide exposure to local interest rates.

They complement the existing platform of 18 currency ETCs listed on the London Stock Exchange on the 12 November 2009.

Having currency ETCs based on the Euro allows investors to trade strategies predicated on European macro dynamics. With the Euro being weighed down by debt and default concerns in the current environment, investors can make use of the new currency ETCs to play the relative safety of the Swiss Franc or to play the relative fiscal strength of the Norwegian Krone versus the Euro.

Nik Bienkowski, chief operating officer, says: “ETF Securities is extremely proud to be able to offer these ten new exciting currency ETCs which use the same widely accepted structure as commodity ETCs. This broadens our currency offering to include ten long and short Euro currency ETCs in addition to the existing 18 long and short USD currency ETCs.”

Rainer Riess, managing director of Xetra market development, Deutsche Börse, adds: “We welcome these additional, innovative listings – they underline the leading position of our trading venues in Europe.”

Latest News

Short and leveraged ETP issuer, Leverage Shares, has announced that the positive yields on its range of inverse products have..
Global X ETFs has announced the launch of four China-related funds on London Stock Exchange: The Global X China Electric..
Fineqia International Inc has announced that its subsidiary, Fineqia AG, has received approval of its base prospectus by the Liechtenstein..
F/m Investments has announced the launch of five new single-bond ETFs, completing the full suite of offerings within the US..

Related Articles

Vishal Kapoor, Bandhan Mutual Fund
ETF Express reported on a couple of ETF launches in India over the last couple of weeks, including the new...
ETF Awards
We are very pleased to bring you the winners in the 13th outing of the ETF Express European ETF Awards,...
Off the Record Episode 1
ETF Express is pleased to announce the launch of Off the Record, a new podcast series, in partnership with Truss...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by