ETCs track futures contracts on aluminium, lead, copper, nickel, zinc and tin….
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Six new exchange traded commodities (ETCs) issued by BNP Paribas Arbitrage Issuance B.V. have been tradable on Xetra and Börse Frankfurt since Monday.
The new ETCs enable investors to participate in the performance of futures contracts on individual industrial metals.
Futures contracts represent physical delivery of commodities with the option of cash settlement. The relevant contracts are traded on the London Metal Exchange (LME) and refer to aluminium, lead, copper, nickel, zinc and tin.