HANetf, Europe’s independent ‘white-label’ UCITS ETF platform, has signed agreements with FlowTraders B.V and Jane Street Financial Limited to support the liquidity of The Royal Mint Physical Gold ETC (RMAU).The Royal Mint Physical Gold ETC (RMAU) was launched on 19 February on London Stock Exchange and 28th February on Deutsche Borse. RMAU is the first listed financial product to be sponsored by The Royal Mint and the first ETC to be launched via HANetf’s full-service white-label platform.
Authorised participants operate in an open and competitive market making model, promoting liquidity and tighter trading spreads for ETCs. A broad and deep liquidity pool is a core component of the HANetf white-label offering and HANetf has an ongoing process to identify and add to its range of liquidity partners, creating one of the most extensive AP and market making networks globally.
Jason Griffin, Director of Business Development and Capital Markets at HANetf, says: “Given the essential role of capital markets to ETFs/ ETCs, and the unique service that APs and market makers perform, having a world class liquidity network is of great importance as we support The Royal Mint’s entry into the ETC market. This news clearly validates HANetf’s unique proposition which enables asset managers and institutions to enter the ETF/ETC market efficiently with a full product development, distribution and capital markets solution. We will continue to add other leading ETC liquidity providers to this already impressive line-up to further improve the trading experience for RMAU investors.”
Founded by co-CEOs, Hector McNeil and Nik Bienkowski, HANetf provides a full service offering to prospective ETF issuers including ETF/ETC product development, support, operations, capital markets, sales, marketing and distribution. Unique in Europe, the HANetf platform removes the barriers to entry for new entrants to the European ETF/ETC market, making it faster, easier and more cost-efficient to launch ETFs/ETCs in Europe.