Deutsche Börse welcomes Ridgex as new ETC issuer on Xetra

Release date: 20 Jan 2021 | Deutsche Börse Cash Market

Deutsche Börse welcomes Ridgex as new ETC issuer on Xetra

Initial listing of four Exchange Traded Commodities/Focus on sustainable precious metals

Ridgex, a new Exchange Traded Commodities (ETCs) issuer on the European market, has chosen Deutsche Börse with its trading venues Xetra and Börse Frankfurt for the initial listing of four ETCs on precious metals.

Ridgex specialises in precious metals from sustainable sources. The issuer uses blockchain technology to provide investors with higher transparency and security regarding the origin and sustainability of the underlying precious metals.

The physically backed ETCs include gold, silver, platinum and palladium. The precious metals are stored in vaults in London and Zurich. 

Name

Asset class

ISIN

Ongoing charges

Reference index

GPF Physical Gold ETC Securities

ETC

XS2265368097

0.145%

Gold price (LBMA)

GPF Physical Silver ETC Securities

ETC

XS2265369574

0.20%

Silver price (LBMA)

GPF Physical Platinum ETC Securities

ETC

XS2265369731

0.20%

Platinum price (LBMA)

GPF Physical Palladium ETC Securities

ETC

XS2265370234

0.20%

Palladium price (LBMA)

The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,619 ETFs and 198 ETPs (ETCs and ETNs). With this selection and an average monthly trading volume of around €16.5 billion, Xetra is the leading trading venue for ETFs in Europe.

Further information

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