UBS lists ETCs on the LSE in European expansion effort

UBS has listed 69 exchange-traded commodities (ETCs) on the London Stock Exchange as part of an expansion into the rest of Europe.

The bank chose to start the programme by listing in London as it is the biggest market for ETCs in Europe, with daily trading volumes of £169 million for ETCs and exchange-traded funds in February, according to figures from the exchange.

Commodities are a relatively new asset class and have been growing over the past five or six years. "The main advantage of ETCs is

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