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Source Lists Gold ETP In Euros
Nick Parmée
19 March 2012
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 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.