People Moves

ETF Securities Appoints for German Expansion

Nick Parmee 19 June 2007

ETF Securities Appoints for German Expansion

ETF Securities is continuing to expand its European sales team with the appointment of Michael Geister with responsibility for German and Austrian sales. He will work alongside Tim Harvey, ETF Securities’ current dedicated German securities specialist, appointed earlier in 2007. Mr Geister has been involved in the securities industry for the last four years, having worked within Societe Generale Corporate and Investment Banking in Paris, London and Frankfurt. His focus will be to look after online brokers and banks. ETF said that this appointment is a direct response to growing investor demand in the German-speaking market following its listings of a platform of exchange traded commodity products on the German stock exchange in November 2006 and the recent launch of a range of physically-backed precious metal ETCs on that exchange in May 2007. Germany is the largest ETF market in Europe, having a 50 per cent share.

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