Deutsche Börse owned electronic trading platform, XETRA, has announced the launch of two new exchange traded commodities (ETCs) issued by BNP Paribas Arbitrage Issuance which have been available for trading since Friday.
The BNPP Gold ETC enables investors to participate in the performance of the precious metal gold and the BNPP Palladium ETC tracks the performance of the precious metal palladium. Each ETC is based on the cash price in US dollars for a troy ounce (31.1035g) of the underlying precious metal.
The ETCs provide access to the performance of gold and palladium.
The new products offered in Deutsche Börse’s ETC segment are just a small sample of the range of products at investors’ disposal. Back in September for example, BNP Paribas Easy expanded its existing offering by launching a total ofand Börse Frankfurt, one of Deutsche Börse’s main exchanges.
Deutsche Börse’s product range in the ETF and ETP segment currently comprises 1,152 ETFs, 202 ETCs and 132 ETNs. This selection, along with an average monthly trading volume of around €15 billion, makes Xetra one of Europe’s premier trading venues.
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