ETF Securities joins the London Bullion Market Association
London, 16 June, 2010 - ETF Securities (ETFS), the global pioneer in Exchange Traded Commodities (Commodity ETCs), 3rd generation Exchange Traded Funds (ETFs) and Exchange Traded Currencies (Currency ETCs) is pleased to announce that its application to become an Associate of the London Bullion Market Association (LBMA) has been approved by the Management Committee with effect from the 14th April 2010.
The LBMA is the London-based global trade association that represents the wholesale gold and silver bullion market in London. One of the primary functions of the LBMA is its involvement in the promotion of refining standards by maintenance of the ‘London Good Delivery Lists,’ which are the lists of LBMA-accredited melters and assayers of gold and silver.
ETF Securities physically-backed gold and silver ETCs exclusively hold “London Good Delivery” Gold and Silver bars. ETF Securities is one of the largest physically-backed precious metal ETF provider in the world with approximately $8.7bn (or 7.65m oz) in combined holdings of Gold, Silver, Platinum and Palladium allocated bullion backing ETFs as of the 23 April 2010.
Hector McNeil, Global Head of Sales & Marketing, ETF Securities Marketing LLP commented:
“We are very happy to become part of such a prestigious Association as the LBMA. The LBMA is at the heart of physical bullion trading globally and ETFs have become important tools within that trading. As the leading provider of precious metal ETFs we are pleased to represent this growing industry. We hope that we can work with our fellow LBMA members to ensure that investors are educated as to the merits of the LBMA and the ‘Good Delivery List’.”
ETF Securities physically-backed ETCs/ETFs exclusively holding “London Good Delivery” Gold, Silver, Platinum and Palladium bars include:
| Physical Gold ETCs/ETFs |
Global listings |
| ETFS Physical Gold |
London Stock Exchange, Deutsche Borse, Borsa Italiana, NYSE Euronext, Tokyo Stock Exchange |
| Gold Bullion Securities |
London Stock Exchange, Deutsche Borse, Borsa Italiana, NYSE Euronext |
| ETFS Physical Swiss Gold |
London Stock Exchange, Deutsche Borse |
| ETFS Gold Trust |
NYSE Arca |
| ETFS Physical Gold (ASX) |
Australian Securities Exchange |
| Physical Silver ETCs/ETFs |
Global listings |
| ETFS Physical Silver |
London Stock Exchange, Deutsche Borse, Borsa Italiana, NYSE Euronext, Tokyo Stock Exchange |
| ETFS Silver Trust |
NYSE Arca |
| ETFS Physical Silver (ASX) |
Australian Securities Exchange |
| Physical Platinum ETCs/ETFs |
Global listings |
| ETFS Physical Platinum |
London Stock Exchange, Deutsche Borse, Borsa Italiana, NYSE Euronext, Tokyo Stock Exchange |
| ETFS Platinum Trust |
NYSE Arca |
| ETFS Physical Platinum (ASX) |
Australian Securities Exchange |
| Physical Palladium ETCs/ETFs |
Global listings |
| ETFS Physical Palladium |
London Stock Exchange, Deutsche Borse, Borsa Italiana, NYSE Euronext, Tokyo Stock Exchange |
| ETFS Palladium Trust |
NYSE Arca |
| ETFS Physical Palladium (ASX) |
Australian Securities Exchange |
| Precious Metal Products* |
Global listings |
| ETFS Physical PM Basket |
London Stock Exchange, Deutsche Borse, Borsa Italiana, NYSE Euronext, Tokyo Stock Exchange |
| ETFS Physical PM Basket (ASX) |
Australian Securities Exchange |
*The precious metals basket products are composed of the four physical precious metals (gold, silver, platinum and palladium)
For further information, please contact:
Noreen Shah
Tel: +44 (0) 20 7448 4330
Email: Noreen.shah@etfsecurities.com
ETF Securities is a provider of Exchange Traded Products (ETFs, Commodity ETCs and Currency ETCs). The management of ETF Securities pioneered the development of ETCs, with the world's first listing of an ETC, Gold Bullion Securities in Australia and London in 2003 and then the world's first entire ETC platform which was listed on the London Stock Exchange in September 2006.
ETF Securities now offers more than 180 Exchange Traded Products (ETPs). The ETPs provide investors with a wide variety of investment strategies, with ETPs offering access to asset classes such as equities, currencies and commodities with physical, long, forward, leveraged and short exposure.
ETPs are simple to access as they are traded in five currencies (EUR, USD, GBP, JPY and AUD) and listed across nine major exchanges globally including the London Stock Exchange (LSE), the New York Stock Exchange, the Tokyo Stock Exchange, NYSE-Euronext Paris, NYSE-Euronext Amsterdam, Deutsche Börse, Borsa Italiana, the Australian Securities Exchange and the Irish Stock Exchange.
This press release was issued by ETF Securities Marketing LLP (“ETFSM”) for journalists in UK, Germany, Italy, France and The Netherlands. The products discussed in this document are issued by ETFS Metal Securities Limited (“MSL”) Gold Bullion Securities Limited (“GBS”), ETFS Silver Trust, ETFS Gold Trust, and ETFS Metal Securities Australia Limited (“MSAL”). The United Kingdom Listing Authority is the ‘home regulator’ to MSL and GBS for purposes of passporting its prospectus under the Prospectus Directive. ETFS Silver Trust and ETFS Gold Trust are authorised and regulated by the United States Securities and Exchange Commission. MSAL is authorised and regulated by the Australian Securities and Investments Commission.
The communication of this press release is not being made by, and this press release has not been approved by, an authorised person for the purposes of section 21 of the Financial Services and Markets Act 2000 (the "FSMA"). Accordingly this press release is not being distributed to, and must not be passed on to, the general public in the United Kingdom.
This press release appears as a matter of record only and does not constitute an offer to sell or an invitation to purchase any securities. Important information is contained in the relevant company’s prospectus and other documents, copies of which can be obtained by calling +44 (0)20 7448 4330 or by e-mail at info@etfsecurities.com.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR TO THE GENERAL PUBLIC IN THE UNITED KINGDOM OR JERSEY. THIS PRESS RELEASE IS NOT A PROSPECTUS BUT AN ADVERTISEMENT AND INVESTORS SHOULD NOT SUBSCRIBE FOR ANY TRANSFERABLE SECURITIES REFERRED TO IN THIS PRESS RELEASE EXCEPT ON THE BASIS OF INFORMATION IN THE PROSPECTUS.