Bringing you live news and features since 2006 

NYSE Euronext and Commerzbank launch ETFs in Lisbon

RELATED TOPICS​

NYSE Euronext and German bank Commerzbank have launched two exchange-traded funds on the Portuguese PSI 20 and PSI 20 Leverage indexes.

The ETFs start trading today on the Lisbon stock exchange.
 
Commerzbank, through its subsidiary Comstage, will distribute the ETFs on PSI 20 and PSI 20 Leverage indexes among Portuguese and foreign investors.

Luis Laginha de Sousa, chairman and chief executive of NYSE Euronext Lisbon, says: "The launch of these new products is of great importance for the Portuguese market. ETFs on the PSI 20 are an innovative product that allows simplified and efficient access to the largest Portuguese listed companies.”
 
Hélio Cláudio, director public distribution international of Commerzbank, says: "We have the pleasure of launching the first ComStage ETF in Portugal, a product that will be of great importance to investors seeking exposure to the domestic equity market.”

The PSI 20 is the Portuguese benchmark index, reflecting the evolution of the prices of the 20 largest and most liquid share issues selected from the universe of companies listed on NYSE Euronext Lisbon.

Latest News

ACA Group (ACA) has announced its intent to acquire the broker-dealer distribution business from UMB Fund Services, a subsidiary of..
21.co, the parent company of 21Shares has announced the launch of 21.co Wrapped Bitcoin (21BTC) on the Solana blockchain. 21BTC..
CoinShares writes that digital asset investment products saw inflows for the third consecutive week totalling USD1.05 billion, with cumulative flows..
The New York Stock Exchange, part of Intercontinental Exchange, Inc, has announced it is collaborating with CoinDesk Indices to launch..

Related Articles

Timothy Rotolo, Range Funds
In 2023, Timothy Rotolo launched his business, Range Fund Holdings, the parent company for Range Indices and Range ETFs, followed...
Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
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