Deutsche Borse started trading exchange traded commodities on its electronic trading platform, Xetra, on 3 November.
ETF Securities Ltd. will list 31 ETC products, consisting of 21 individual securities and 10 index securities. Two of the ETCs are oil trackers backed by the Shell Group. The other 29 track commodity indices.
“We are very pleased to provide both investors and traders with a new and easily accessible way of trading commodities on our electronic trading platform Xetra,” says Rainer Riess, managing director of Stock Market Business Development. “With the launch of ETCs on Deutsche Borse, investors will be able to gain exposure to a broad range of euro quoted commodities on a single electronic platform for the first time. ETCs mark an excellent addition to our ETF offering and enable investors to benefit from even more extensive diversification opportunities.”
“We are delighted to pioneer the opening of such a big range of direct commodities investment to investors and trading firms connected to Deutsche Borse’s pan-European trading platform Xetra. ETFs have proved hugely popular on Deutsche Borse and the offering of our full product range on Xetra seemed a natural step for us,” adds Nik Bienkowski, head of listings at ETF Securities Limited. “We designed our ETCs to be simple, secure, open-ended securities that would lower the many barriers that previously prevented investors from investing in commodities such as access, trading and operational risks, custody, and transaction costs.”