Source has listed an ETC offering exposure to crude oil futures contracts on the Xetra platform.
The S&P GSCI Enhanced Crude Oil Source T-ETC tracks the S&P GSCI Crude Oil Enhanced TR index, comprising WTI crude oil futures contracts. The index is designed to mitigate the impact of negative roll returns that can occur when exchanging future contracts which are due to expire. It achieves this by using a dynamic rolling rule when determining into which new expiration a WTI crude oil futures contract is rolled. Each Source T-ETC is a certificate, which is secured with US Treasury Bills and cash. Source Commodity Markets, which is domiciled in Ireland, is the issuer of the certificat...
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