Deutsche Börse welcomes Börse Stuttgart Commodities as new ETC issuer on Xetra
Deutsche Börse welcomes Börse Stuttgart Commodities as new ETC issuer on Xetra
Since Friday, the first exchange-traded commodities from Börse Stuttgart Commodities have been tradable on Xetra and Börse Frankfurt.
The EUWAX Gold Core ETC allows investors to participate in the performance of the precious metal gold, offering the option of receiving physical gold or a payout in US dollars. It is an exchange-traded debt security that is backed by physically deposited gold.
The EUWAX Gold Traceable ETC enables investors to participate in the performance of the precious metal gold. The exchange-traded bond is backed by physically deposited gold. The gold mines from which the gold is sourced are selected by Boerse Stuttgart Commodities GmbH according to fixed criteria. This ensures the traceability of the gold, as well as it´s certified CO2 footprint.
Investors can participate in the performance of the precious metal gold through the ETCs without having to own physical gold.
Name | Asset class | ISIN | Ongoing charges | Distribution policy |
EUWAX Gold Core ETC | ETC | DE000EWG4CR2 | 0.25% | accumulating |
EUWAX Gold Traceable ETC | ETC | DE000EWG4TR6 | 0.29% | accumulating |
The product offering in Deutsche Börse's ETF & ETP segment currently comprises a total of 2,435 ETFs, 202 ETCs and 258 ETNs. With this selection and an average monthly trading volume of around €23 billion, Xetra is the leading trading venue for ETFs and ETPs in Europe.