The London Stock Exchange uses cookies to improve its website. The cookies for analytical purposes have already been set. For more details and how to manage cookies, please see our privacy and cookies policy.

Welcome stories


10 March 2010
10/03/2010 UBS launches its first Exchange Traded Commodities on the London Stock Exchange

The London Stock Exchange welcomes UBS ETCs to the Main Market

Headquartered in Zurich and Basel, Switzerland, UBS is a client-focused financial services firm that offers a combination of wealth management, asset management and investment banking services on a global and regional basis. By delivering a full range of advice, products and services to its private, corporate and institutional clients, UBS aims to generate sustainable earnings, create value for its shareholders, and become the choice of clients worldwide.

ubsetc

On 10 March 2010, UBS launched UBS Exchange-Traded Commodities (ETCs) in the UK, a series of innovative investment products that allow a broader range of investors to gain exposure to commodities in an easy, efficient and flexible way through the UBS Bloomberg Constant Maturity Commodity Index (CMCI) family.

The ETCs are publicly traded Notes that track the performance of the CMCI, the first benchmark commodity index to diversify not only across commodities but also maturities. In addition to the CMCI benchmark index, investors will be able to access a number of sectors, individual commodities and strategy indices. Each Index is available in US Dollars, Euro and Sterling.

The Notes are tradable on the Main Market of the London Stock Exchange, providing investors with exposure to the commodities market through a simple stock exchange transaction.

Jason Barron, Global Head of Equity Derivatives at UBS Investment Bank, said: “Over the years, UBS has developed a strong position in the creation and development of innovative index-related products to meet demand from our clients and intermediaries. UBS ETCs provide exposure for a broader range of investors to the commodities asset class, offering exceptional diversification opportunities for a wider investor community.”

.

The Exchange accepts no responsibility for the content of the website you are now accessing or for any reliance placed by you or any person on the information contained on it.

By allowing this link the Exchange does not intend in any country, directly or indirectly, to solicit business or offer any securities to any person.

You will be redirected in five seconds.

You are accessing the London Stock Exchange Annual Report Service powered by PrecisionIR.

The Exchange accepts no responsibility for the content of the reports you are now accessing or for any reliance placed by you or any person on the information contained therein.

By allowing this link the Exchange does not intend in any country, directly or indirectly, to solicit business or offer any securities to any person.

You will be redirected in five seconds