Exchange traded funds have expanded in London – they are now offering exchange traded commodities. The 29 new ETFs will comprise of 19 ETCs (exchange traded commodities) and 10 index securities spanning aluminum to zinc.
ETCs are like ETFs, they just trade commodities, there is no futures trading and no physical delivery. This will be the first time major commodities will be traded on the same exchange (London bourse) and in the same time zone.
The question is, when will they come to the States?
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