Irish Stock Exchange now trading a range of innovative new securities issued by ETF Securities giving investors access to international stocks and commodities from Gold to Oil to Water to Alternative Energy.
The Irish Stock Exchange (ISE) has announced a major expansion of its Exchange Traded Fund (ETF) product offering which will enable institutional and retail investors to track the performance of US equity markets and a range of innovative investment themes from gold to oil to water to alternative energy.
The new suite of ETFs has been launched in partnership with ETF Securities – the global pioneer and market leader in Exchange Traded Commodities. ETF Securities has over $9 billion in assets under management and is one of the fastest growing ETF issuers in Europe.
Brian Healy, Director of Traded Markets, Development, Operations at the ISE said: “The Exchange is very focused on ETFs as one of the fastest growing products in the market. After extensive work with ETF Securities, one of Europe’s leading ETF issuers, we are delighted to launch an innovative, internationally focused new ETF platform on the ISE. This represents an exciting new opportunity for both Irish and international investors to trade new commodity as well as global and US equity based products on the ISE.”
William Rhind, Head of UK & Ireland Sales at ETF Securities said: “ETF Securities is extremely proud to be able to offer this exciting platform of 13 new equity ETFs to Irish investors. Ireland is already well known and regarded as a domicile of choice for ETF companies. The decision to launch 13 equity ETFs on the Irish Stock Exchange has come largely from our Irish clients who have consistently asked ETF Securities to provide them with more investment opportunities, particularly themes and sectors they are currently unable to access through any exchange. This new platform of 13 ETFs, launched in partnership with the ISE, will enable Irish investors to access global and European sectors such as Water, Alternative Energy, Nuclear Energy, Agri Business, Coal, Steel, Gold, Basic Resources, Oil & Gas, Utilities, Shipping and US Large and Small Cap stocks (Russell 1000 and Russell 2000).
As part of the launch of its new ETF platform the ISE has admitted Flow Traders as a new trading member firm. Amsterdam based Flow Traders, one of the leading liquidity providers in ETFs, will act as a market maker for the new securities.
These new ETFs are low cost and efficient securities which are trading on the ISE in euro. Investors can buy and sell them in the same way as they currently trade in equities on the ISE. Further information on ETFs in general and on these new products is available at www.ise.ie/etfs.
