NYSE Euronext (NYX) announced that its wholly-owned subsidiary, NYSE Arca, today began trading the ETFS Physical Platinum Shares (Ticker: PPLT) and the ETFS Physical Palladium Shares (Ticker: PALL). These products are sponsored by ETF Securities USA LLC.
The ETFS Physical Platinum Shares and ETFS Physical Palladium Shares (individually, the “Shares”) each represent units of fractional undivided beneficial interest in and ownership of the trusts that issued them. The investment objective of each trust is for their Shares to respectively reflect the performance of the price of physical platinum (in the case of the ETFS Physical Platinum Shares), or physical paladium (in the case of the ETFS Physical Paladium Shares), less the expenses of the trust’s operations.
