Question about ETFs in Europe

Aug 12, 2005 2 Replies

I'm a Canadian investor who has been using ETFs here in North America as my primary investment vehicle (e.g. SPY for American market, XIU for Canadian). I'm using an online brokerage that now gives me access to several European markets.



Several European ETFs interest me, especially EasyETF GSCI which is a new commodity index based on the Goldman Sachs Commodity Index (Total Return). This can give me some vital direct commodities exposure which I have not found anywhere in North America.



I am entirely unfamiliar with trading on European markets, so I thought I would inquire here and see if anyone has heard about EasyETF from "AXA Investment Managers" and second what your experiences are trading on German markets such as Xetra and Boerse Stuttgart which is how I would get access to IM2E in this case.



Anything that comes to mind would be very useful. For example if you were to ask me about trading on Canada's TSX market, I might point out as a point of interest that many Canadian stocks are dual listed on the NYSE and NASDAQ market, to give you a choice between USD and CAD. Just an example.


No, but that doesn't mean anything - it's a simple enough product, and I imagine easy enough to trade precisely because it is an ETF

I'd imagine it's more a function of the broker, if they say they can trade it then they'll take care of all the admin.

Daytona

The broker I have access to provided me quotes from Stuttgart and the trades seem to be working just fine. The market is not as liquid as I would have liked but it is manageable... in this case, the market maker for the ETF seems to be keeping the bid/ask consistent across the various exchanges.

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