Bringing you live news and features since 2006 

Currency Cogs

ETF Securities lists range of currency ETVs in Euronext

RELATED TOPICS​

ETF Securities has listed a range of currency exchange-traded vehicles (ETVs) on Euronext Amsterdam, the first ETVs on Euronext that give exposure to currency pairs.

The new products allow investors to capitalise on an increase or decrease of the Japanese Yen without any leverage, or to anticipate on an increase or decrease of the Japanese Yen or US dollar with a leverage factor of three.

 
Leveraged ETVs enable investors to trade on a short term basis with a competitive total cost of ownership.
 
Currency ETVs appeal to investors wishing to diversify their portfolio through the addition of a new asset class which has a low correlation with equities and bonds, or wanting to take advantage of tactical or strategic macro opportunities using the foreign exchange market.
 
Philippe Roset, head Benelux of ETF Securities, says: “ETF Securities have seen currency ETPs becoming increasingly popular in recent years as evidenced by USD100 million inflows in our currency ETPs in 2013 and USD144 million YTD in 2014. Even though more investors are using our currency ETPs in other European markets, they have not previously been easy to access for investors in The Netherlands or Belgium. The six new currency products will offer investors in these countries an efficient way of accessing this new asset class. The EUR/USD currency ETPs continue to be the most popular with investors as concerns over deflation within the Eurozone has prompted over USD90m in inflows into ETFS 3x Long USD Short Euro in 2014.”
 
Danielle Ballardie, head of cash markets at Euronext, says: “We’re delighted to welcome the new currency ETVs to our Amsterdam market. With these new products we’re adding a new asset class to Euronext’s wide offering of ETFs and ETVs, providing investors with new investment opportunities. It is yet another example of expanding our product offering, being a leading capital raising centre.”
 
ETVs provide investors with exposure to underlying assets such as futures contracts, commodities, and currencies without actually trading futures or ever taking physical delivery of the underlying assets.
 
Currently Euronext has 609 ETFs and 23 ETVs listed on its markets.

Latest News

European ETFs raised USD47.8 billion in Q1, a 15 per cent increase compared to the same period in 2023, according..
LSEG Lipper’s March report finds that globally equity ETFs (+EUR113.2 billion) enjoyed the highest estimated net inflows for the month,..
Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
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