New Products

Source Lists Gold ETP In Euros

Nick Parmée 19 March 2012

Source Lists Gold ETP In Euros

London-based Source, the exchange-traded product provider, has listed its Physical Gold P-ETC on XETRA. This listing complements the existing listings in dollars and sterling on the LSE and SIX Swiss Exchange.

“The concept of a physical holding, coupled with the ability to access it in times of crisis, is part of their [precious metals] appeal,” said Source chief executive Ted Hood.

The Source ETC platform has raised $2.7 billion across 31 products since launch in April 2009; Source says it is now the third-largest commodity ETC provider in Europe.

Register for WealthBriefing today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes