Euronext launches multicurrency ETF trading service

Euronext, a pan-European exchange, has launched a multicurrency trading service for exchange-traded funds (ETFs), including coverage of renminbi and Hong Kong dollars.

The exchange, owned by New York-listed IntercontinentalExchange Group, says it is the first time on a US or European exchange that the Chinese and Hong Kong currencies have been offered in this type of service.

Though still subject to approval by clearing authorities, the service will allow international investors to trade any Euronext-listed ETF in 20 different currencies.

Euronext plans to make it available from Monday February 17, 2014.

©2014 funds europe

HAVE YOU READ?

THOUGHT LEADERSHIP

Innovative US companies are providing some of the solutions to the climate crisis and transition to a more sustainable economy. We see potential opportunities in areas including renewable energy and…
FIND OUT MORE
This white paper outlines key challenges impeding the growth of private markets and explores how technological innovation can provide solutions to unlock access to private market funds for a growing…
DOWNLOAD NOW

IRELAND SPOTLIGHT

Visit our dedicated Ireland channel for all the latest news and analysis on the country's investment industry.
READ MORE

PRIVATE MARKETS FUND ADMIN REPORT

Private_Markets_Fund_Admin_Report

LATEST PODCAST