Standard Commodities, the exchange-traded commodities platform of the Royal Bank of Scotland, has launched an ETC on Xetra.
Standard Commodities is the sixth issuer to be included in the ETC segment of Deutsche Börse.
The RBS physical Gold ETC offers investors the opportunity to participate in the performance of the London Gold Market AM fix price in US dollars. The ETC is traded in euros.
The RBS physical Gold ETC is an exchange-traded bond backed by physically deposited gold.