WisdomTree signs up 12 Authorised Participants
Thursday 04th June '15
Zach Hascoe, Director of Capital Markets
WISDOMTREE SIGNS UP 12 AUTHORISED PARTICPANTS
Capital Markets Initiative Underscores Company’s Commitment to Best-In-Class ETF Execution
London, 04 June 2015: WisdomTree, an exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor, and pioneer of dividend-weighted smart beta ETFs, is pleased to announce that it has signed up 12 Authorised Participants (APs) to support WisdomTree Europe’s range of UCITS ETFs.
The APs are all world class liquidity providers. Each of the APs, in conjunction with the existing network of Market Makers (MMs), will benefit clients by providing additional market depth, tradability and execution efficiency to WisdomTree’s growing family of UCITS ETFs.
- KCG Europe Limited – Lead Market Maker
- Citigroup Global Markets Limited
- Commerzbank AG
- Flow Traders B.V.
- Goldman Sachs International
- Goldenberg Hehmeyer LLP
- Jane Street Financial Limited
- Mako Financial Markets LLP
- Merrill Lynch International London
- Morgan Stanley & Co International
- Susquehanna International Securities Limited
- UniCredit Bank AG
With the wide range of existing MMs and APs, clients will now have a choice of over 20 global leading execution counterparties. These provide dedicated support to a multi-currency ETF range that has listings on the London Stock Exchange, Borsa Italiana, Deutsche Borse (Xetra), Swiss Exchange (SIX) and the Irish Stock Exchange. Knight Capital Group (KCG), a world class trading and execution firm, serves as the lead market maker on all exchanges.
Zach Hascoe, Director of Capital Markets commented:
“Liquidity is a key focus at WisdomTree and we work hard to ensure our investors have a world class panel of ETF market makers, liquidity providers and authorised participants to support our range of WisdomTree Europe UCITS ETFs. They all bring a wealth of experience to our range of products and this panel will help our clients access a greater network of global leading ETF execution firms across Europe. To have such a high calibre list of experts is a great benefit in building WisdomTree Europe. Today’s announcement is part of WisdomTree’s effort to continually improve upon the support and services for our clients.”
Notes to Editors
About WisdomTree Europe Ltd
WisdomTree Investments, Inc., through its subsidiaries in the U.S. and Europe, including WisdomTree Europe Ltd based in London, is an exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor and asset manager. WisdomTree offers products covering equities, fixed income, currencies, commodities and alternative strategies. Through WisdomTree Europe Ltd, it sponsors WisdomTree UCITS ETFs and BOOST short and leverage ETPs. WisdomTree currently has approximately $63.3 billion (as of 02 June 2015) in assets under management globally. For more information, please visit www.wisdomtree.com.
WisdomTree® is the marketing name for WisdomTree Investments, Inc. and its subsidiaries worldwide.
WisdomTree Europe Ltd is an appointed representative of Mirabella Financial Services LLP which is authorised and regulated by the Financial Conduct Authority.
The value of an investment in ETPs may go down as well as up and past performance is not a reliable indicator of future performance. An investment in ETPs is dependent on the performance of the underlying index, less costs, but it is not expected to match that performance precisely. ETPs involve numerous risks including among others, general market risks relating to the relevant underlying index, credit risks on the provider of index swaps utilised in the ETP, exchange rate risks, interest rate risks, inflationary risks, liquidity risks and legal and regulatory risks.
ETPs offering daily leveraged or daily short exposures (“Leveraged ETPs”) are products which feature specific risks that prospective investors should understand before investing in them. Higher volatility of the underlying indices and holding periods longer than a day may have an adverse impact on the performance of Leveraged ETPs. As such, Leveraged ETPs are intended for financially sophisticated investors who wish to take a short term view on the underlying indices. As a consequence, WisdomTree Europe Ltd is not promoting or marketing BOOST ETPs to Retail Clients. Investors should refer to the section entitled "Risk Factors" and “Economic Overview of the ETP Securities” in the Prospectus for further details of these and other risks associated with an investment in Leveraged ETPs and consult their financial advisors as needed. Within the United Kingdom, this document is only made available to professional clients and eligible counterparties as defined by the FCA. Under no circumstances should this document be forwarded to anyone in the United Kingdom who is not a professional client or eligible counterparty as defined by the FCA.This marketing information is intended for professional clients & sophisticated investors (as defined in the glossary of the FCA Handbook) only.
This marketing information is derived from information generally available to the public from sources believed to be reliable although WisdomTree Europe Ltd does not warrant the accuracy or completeness of such information. All registered trademarks referred to herein have been licensed for use. None of the products discussed above are sponsored, endorsed, sold or promoted by any registered trademark owner and such owners make no representation or warranty regarding the advisability on dealing in any of the ETPs.