ETF Securities triples its ETC offer on Borsa Italiana
Global ETPs provider ETF Securities is to launch a new euro-based ETC range on Borsa Italiana, Italy’s stock exchange.
The products will be added to the existing range and will offer a Delta1 exposure to the G10 currencies. At present, ETF Securities offers 12 ETC on the lever 3X currencies.
According to ETF Securities, investors have shown great interest in its ETC offer through 2013, which has registered volumes increase of 210% and cashed in some $106m.
Italy country head Marco Siano (pictured) said: “The Euro-based ETCs will provide investors with greater flexibility and wider choice range. They will also allow them to gain both leveraged and unleveraged currency exposure against the Euro.”
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