ETF Securities (ETFS) has been accepted as Associated Member of both the London Bullion Market Association (LBMA) and the London Platinum and Palladium Market (LPPM).…
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Commenting, Tim Harvey, co-head of European Sales at ETFS said:
“We are delighted to have been accepted as members of these two prestigious organisations and are committed to supporting their ongoing work. We welcome the opportunity to contribute where possible our experience and understanding of investors’ needs in this space.”
As a leading specialist issuer of exchange-traded investment products, ETFS has long-standing relationships with both organisations, requiring that each of its own physically-backed precious metals products be secured by allocated bullion, in compliance with the rigorous Good Delivery standards set down by the LBMA and the LPPM.
Source: ETFWorld – ETFSecurities
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