Gold ETC launched on Xetra
Exchange Traded Commodities at Börse Frankfurt
19 March 2012. One new exchange-traded commodity (ETC) issued by Source is now tradable on Xetra.
The new ETC (ISIN DE000A1MECS1) enables investors to participate in the performance of the London Gold Market PM Fixing Price. The Source Physical Gold P-ETC is an exchange-traded bond. The ETC is backed by the physical deposit of gold bars at J.P. Morgan Chase in London.
Deutsche Börse’s ETC segment product range currently comprises 264 instruments. The monthly trading volume of ETCs on Xetra averages around €900 million.
© 19 March 2012/Deutsche Börse AG
Details to the ETCs
|Name||ISIN||Trading Currency||Management Fee|
|Source Physical Gold P-ETC||DE000A1MECS1||Euro||0,29 %|