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ETP News: BNP Paribas debuts US-dollar denominated commodities trackers

SRP News, 17 May 2017

BNP Paribas has listed eight new exchange-traded commodities (ETCs) on Deutsche Börse's Xetra segment. The new ETCs expand BNP Paribas' product range by giving investors access to the performance of futures contracts from the metals and energy sectors via US dollar-denominated trackers. The reference indices from the Rogers International Commodity Enhanced index (RICI) family track the futures contracts with differing maturities in the following commodities: gasoline (petrol), precious and industrial metals, energy, natural gas, gas oil, heating oil and WTI oil. The limited term of the futures contracts requires a switch prior to expiry in exchange for a futures contract with the next expiry date (rollover). Possible rollover losses are minimised through an optimised procedure for selecting futures contracts.

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