HANetf Signs Liquidity Providers to Support The Royal Mint Physical Gold ETC

HANetf, Europe’s first independent ‘white-label’ UCITS ETF platform confirms that it has signed agreements with FlowTraders B.V and Jane Street Financial Limited to support the liquidity of The Royal Mint Physical Gold ETC (RMAU)……

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Hector McNeil, co-CEO of HANetf

The Royal Mint Physical Gold ETC (RMAU) is the first Exchange Traded Commodity (ETC) to launch via HANetf’s unique white label platform

Adds to HANetf’s broad ecosystem of Authorised Participants and Market Makers

The Royal Mint Physical Gold ETC (RMAU) was launched on 19th February on London Stock Exchange and 28th February on Deutsche Borse. RMAU is the first listed financial product to be sponsored by The Royal Mint and the first ETC to be launched via HANetf’s full-service white-label platform.

Authorised participants operate in an open and competitive market making model, promoting liquidity and tighter trading spreads for ETCs. A broad and deep liquidity pool is a core component of the HANetf white-label offering and HANetf has an ongoing process to identify and add to its range of liquidity partners, creating one of the most extensive AP and market making networks globally.

Jason Griffin, Director of Business Development and Capital Markets at HANetf, commented: “Given the essential role of capital markets to ETFs/ ETCs, and the unique service that APs and market makers perform, having a world class liquidity network is of great importance as we support The Royal Mint’s entry into the ETC market. This news clearly validates HANetf’s unique proposition which enables asset managers and institutions to enter the ETF/ETC market efficiently with a full product development, distribution and capital markets solution. We will continue to add other leading ETC liquidity providers to this already impressive line-up to further improve the trading experience for RMAU investors.”

Source: ETFWorld.co.uk