‘ Commodities ’

TD Ameritrade unveils largest commission-free ETF program

Oct 17th, 2017 | By
TD Ameritrade unveils largest commission-free ETF program

Nebraska-based brokerage firm TD Ameritrade has announced a major increase in the scope of its commission-free ETF trading platform, tripling the number of ETFs available from 100 to 296. The expansion means TD Ameritrade now offers the largest commission-free ETF trading program in the industry.

BNP Paribas lists currency-hedged commodity ETF on Xetra

Oct 11th, 2017 | By
BNP Paribas lists currency hedged commodity ETF on XETRA

BNP Paribas has launched a currency-hedged commodity ETF, offering exposure to a diversified portfolio of futures contracts on energy and metal commodities, while hedging currency exposure between the US dollar and the euro.

Tradeweb reports third busiest trading quarter for its European ETF marketplace

Oct 11th, 2017 | By
Tradeweb reports third busiest trading quarter for European ETF marketplace

Tradeweb has reported that the end of September marked the third busiest quarter for its European-listed ETF marketplace since its launch in October 2012. Adriano Pace, managing director for equity derivatives at Tradeweb, said the performance reflects the efficiencies of ‘Request For Quote’ (RFQ) trading as the ETF industry is bracing itself for the new regulatory landscape under MiFID II.

September ETF trading on LSE up 18% from 2016

Oct 11th, 2017 | By
September ETF trading on LSE up 18% from 2016

The London Stock Exchange (LSE) has released its monthly ETF roundup for September 2017. Total on-exchange value traded for ETFs during the month was £28.2 billion through 289k trades, up 18% compared to September 2016.

Gold-backed ETFs expand physical holdings in September

Oct 4th, 2017 | By
Gold-backed ETF holdings gain 22.4 tonnes in September

Gold ETFs were in strong demand during September with gold-backed ETFs increasing their holdings of physical gold by 22.4 tonnes globally, according to data from the World Gold Council. However, significant differences in regional appetites for the precious metal were noted.

Deutsche Asset Management’s US ETF line-up rebranded as Xtrackers

Oct 2nd, 2017 | By
Deutsche’s US ETFs renamed Xtrackers

Deutsche Asset Management has announced that it is renaming its range of US-listed ETFs to Xtrackers to harmonise the fund names with the recent changes to European and Asian ETFs and ETCs. Fiona Bassett, head of passive asset management, Americas, Deutsche Asset Management, commented: “As an asset manager with deep roots in Europe, it was important for our global businesses to align to better capitalize on our truly global reach.

US Global Investors launches precious metal miners ETF with smart beta overlay

Sep 30th, 2017 | By
US Global Investors launches smart beta precious metal miners ETF

A new smart beta ETF providing exposure to precious metal mining companies has been launched on the Toronto Stock Exchange.

Gold ETF inflows reach three-week high

Sep 25th, 2017 | By
Gold ETF inflows reach 3-week highs, says ETF Securities

Although gold prices erased most of the past month’s gains, inflows into gold ETFs rose to $39 million in the week beginning 18 September 2017, marking a three-week high, according to weekly flows analysis from ETF securities. Nitesh Shah, director, commodity strategy at ETF Securities said that investors were seeking a safe haven asset in light of geopolitical tensions in spite of action from the Fed that caused gold price weakness.

VanEck Merk Gold ETF reduces fees for gold delivery

Sep 21st, 2017 | By
VanEck Merk Gold Trust reduces fees for gold delivery

The VanEck Merk Gold Trust (NYSE Arca: OUNZ) has reduced the fees investors pay to take delivery of their gold. The fund gives investors access to buy and hold gold through an ETF with the option to take delivery of the gold in exchange for the fund’s shares. Axel Merk, president of Merk Investments, the sponsor of OUNZ, commented: “We are reaffirming our commitment to provide investors with easy and cost-effective access to their gold,”

Gold ETFs set to benefit as ‘fear trade’ intensifies

Sep 20th, 2017 | By
Gold ETFs set to benefit as 'fear trade' intensifies, reports World Gold Council

Gold ETFs look set to continue their recent bull run as, according to a report issued by the World Gold Council, the spot price of the precious metal is likely to be supported in the near term as growing uncertainty moves investors into safe-haven assets such as gold.