AIG delivers over 100% collateral for ETCs

American International Group (AIG) has posted collateral to cover over 100% of the value of the commodity securities on issue by ETF Securities. The securities are backed by matching contracts from AIG and form part of ETF Securities' exchange-traded commodities (ETC) range. The move follows the temporary suspension of 113 ETCs issued by ETF Securities that are backed by AIG on the London Stock Exchange on September 16.

ETF Securities and AIG have signed agreements together and with the Bank of

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