An ETC issuer announces the launch of three new physically-backed precious metals exchange traded products (ETPs): Source Physical Silver P-ETC, Source Physical Platinum P-ETC and Source Physical Palladium P-ETC. These will complement Source’s existing Physical Gold P-ETC, which has raised over US$ 1 billion and set new standards in security and cost effectiveness....
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The addition of these new P-ETCs brings Source’s product range to 90 across equity, fixed income and commodity segments of the market. Source now has over US$8.5 BN in assets and has seen trading turnover of over US$200 BN since launch in April 2009. Source continues to focus on delivering incremental value to European ETP investors through a combination of enhanced indices, improved structuring and active trading, and is committed to delivering ETFs and ETCs with unparalleled liquidity, increased transparency and reduced counterparty risk.
Source: ETFWorld – Source