Source lists 14 ETFs on the SIX Swiss Exchange

Sep 18th, 2012 | By | Category: Equities

Source has announced the launch of 14 exchange-traded funds (ETFs) on the SIX Swiss Exchange. These debut ETF listings add to Source’s existing range of 16 exchange-traded commodities (ETCs) listed on the exchange.

Source lists 14 exchange-traded funds (ETFs) on the SIX Swiss exchange

Source has announced the listing of 14 ETFs on the SIX Swiss Exchange. The new products build on the provider’s existing range ETCs listed on the Zurich-based exchange.

Source’s product range on SIX now spans several asset classes and includes many of the London-based provider’s flagship products, including the $3 billion Source Physical Gold P-ETC (SGLD). [See Source’s physical gold ETC (SGLD) surpasses $3 billion in assets]

Ted Hood, CEO of Source, said: “Source is delighted to announce the listing of our first ETFs in Switzerland. These include major equity benchmarks such as the S&P 500, MSCI EM and MSCI USA, the nine S&P US Select Sectors and some of Source’s market leading volatility products, developed in conjunction with Nomura and JP Morgan.”

Source is the first ETF provider to list ETFs with US sector exposure on SIX. The nine S&P US Select Sector Source ETFs include: Consumer discretionary, Consumer staples, Energy, Financials, Healthcare, Industrials, Materials, Technology and Utilities.

Commenting on the launch, Alain Picard, Head of ETFs and other Financial Product Sales at SIX Swiss Exchange, said: “SIX Swiss Exchange is very pleased to welcome Source Markets plc in its ETF segment with the listing of 14 ETFs. We believe that the new range of products fits perfectly into the existing ETF offering for the Swiss market”.

Source was one of the first European ETC providers to list products on the SIX Swiss Exchange and this latest launch demonstrates the company’s commitment to this fast-growing market.

“SIX is one of Europe’s most important trading venues for ETPs and has seen rapid growth in both listings and trading volume,” added Mark Vallon, Source’s institutional sales director responsible for distribution to Switzerland and Liechtenstein. “We are especially pleased to be the first provider to list volatility and US sector products on SIX, thus giving Swiss investors access to a growing sector in the ETF market.”

Flow Traders, JP Morgan Securities, Nomura International and Virtu Financial will act as market makers for the new ETFs.

Source’s ETF launch comes less than a week after ETF Securities, another London-based provider, made its ETF debut on the exchange [See ETF Securities debuts in Swiss market with eight thematic equity ETFs]. Following these latest two launches, there are now 880 ETFs listed on the exchange.

Source’s new ETF listings on SIX:

ETF   TICKER Valor ISIN Trading CCY
MSCI USA Source ETF   MXUS 10128435 IE00B60SX170 USD
MSCI Emerging Markets Source ETF   MXFS 11265479 IE00B3DWVS88 USD
S&P 500 Source ETF   SPXS 11358996 IE00B3YCGJ38 USD
Consumer Discretionary S&P US Select Sector Source ETF   XLYS 10854855 IE00B449XP68 USD
Consumer Staples S&P US Select Sector Source ETF   XLPS 10854870 IE00B435BG20 USD
Energy S&P US Select Sector Source ETF   XLES 10854734 IE00B435CG94 USD
Financials S&P US Select Sector Source ETF   XLFS 10854889 IE00B42Q4896 USD
Health Care S&P US Select Sector Source ETF   XLVS 10854910 IE00B3WMTH43 USD
Industrials S&P US Select Sector Source ETF   XLIS 10854741 IE00B3YC1100 USD
Materials S&P US Select Sector Source ETF   XLBS 10854862 IE00B3XM3R14 USD
Technology S&P US Select Sector Source ETF   XLKS 10854875 IE00B3VSSL01 USD
Utilities S&P US Select Sector Source ETF   XLUS 10854885 IE00B3VPKB53 USD
J.P. MOrgan Macro Hedge US TR Source ETF   MHUU 14447380 IE00B3P1F038 USD
NOMURA VOLTAGE Mid-Term Source ETF   VOLT 12883876 IE00B3LK4075 USD

 

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