ETF Securities is to launch 'ETF Exchange,' the first multi-sponsor ETF issuance consortium, whic...
ETF Securities is to launch 'ETF Exchange,' the first multi-sponsor ETF issuance consortium, which comprises financial institutions and banks around the world. The ETF exchange has been designed to offer investors the most liquid and creditworthy ETFs worldwide, across different indices and asset classes. More than 15 banks and financial institutions spanning Europe, the US and Asia have registered interest in joining the consortium. The idea behind the consortium stemmed from investor demand for heightened transparency, liquidity and management of counterparty risk within...
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