Irish ETF provider Van Eck Global Investments Ltd has announced the launch of its Gold mining ETFs on London-based pan-European Equity Exchange BATS CHI-X Europe.
The launch follows the recent listing of the ETFs on Deutsche Boerse Xetra and the London Stock Exchange. A further cross-listing in Switzerland (SIX-Swiss Exchange) is in preparation.
The Market Vectors Gold Miners Ucits ETF tracks the performance of the NYSE Arca Gold Miners Index (GDMNTR) and provides access to a comprehensive global portfolio of large-, mid- and small-capitalisation companies.
Market Vectors Junior Gold Miners Ucits ETF is benchmarked to the Market Vectors Global Junior Gold Miners Index (MVGDXJTR). The index reflects the performance of the global spectrum of micro-, small- and medium-capitalisation or so-called junior mining companies.
“We are pleased to cross list our Ucits ETFs on BATS Chi-X,” commented Lars Hamich, CEO of Van Eck Global (Europe). “This step complements our primary listing on the London Stock Exchange. We are now pleased to offer our clients not only the choice between trading platforms but also between different currencies – British Pound and US Dollar,” added Hamich.
The ETFs are currently registered for public distribution in the United Kingdom, Finland, Germany, Ireland, Norway, Sweden, the Netherlands and Spain.