Bringing you live news and features since 2006 

Euro notes

ETF Securities launches ten Euro-based currency ETCs on Xetra


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

The August data from LSEG Lipper shows that the global ETF industry held USD10,547.4 billion in assets under management on..
HANetf has announced that their European Green Deal UCITS ETF (ticker: EUGD) has reached USD52 million (EUR49.9 million) in assets..
Legal & General Investment Management (LGIM) has announced the launch of the L&G Global Brands UCITS ETF. The firm writes..
Vienna Stock Exchange has launched three new thematic indices: CECE Reshoring, CECE Commodity Producers and CECE Clean Energy, writing that..

Related Articles

John Ciampaglia, Sprott Asset Management
Geo-political tensions and concerns about hitting clean energy targets have brought the focus back onto nuclear power in recent months,...
Nick King, Robeco
Europeam investment management giant Robeco has announced the appointment of Nick King as Head of Exchange Traded Funds (ETFs), in...
Kristof Gleich, Harbor Capital
Harbor Capital burst onto the ETF issuance world in 2021 and now has USD1.1 billion in assets in ETFs. But...
Europe’s thematic ETF provider, Rize ETF, has been acquired by ARK Invest LLC, the parent of ARK Investment Management LLC,...
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