The new UBS Carbon Credit ETP provides access to carbon credit markets. Flow Traders will act as the market maker for this ETP, ensuring liquidity.
With the new product from UBS, the total number of ETPs traded on SIX Swiss Exchange rises to 200, and the number of ETP issuers to 19. Since the beginning of this year, the 199 ETPs on SIX Swiss Exchange have recorded a trading turnover of CHF 1.98 billion across 132,500 trades. Compared to the entire previous year, this represents a growth of 47.7% in trading turnover and 55.8% in number of trades.
“We are very pleased to welcome UBS with their new investment product to our platform, thereby offering investors a greater range of products and underlying assets such as carbon credits”, says Gregor Braun, Head Equities & ETF/ETP Sales, Exchanges, SIX.
“The launch of our first ETP is an important milestone for UBS. The Carbon Credit ETP aligns perfectly with the increasing investor focus on ESG and provides our clients with a significant opportunity to participate in global sustainability efforts”, says Raimund Müller, Head ETF & Index Fund Sales Switzerland & Liechtenstein, UBS Asset Management.
Product details
Product Name | Trading Currency | ISIN |
Market Maker |
---|---|---|---|
UBS European Physical Carbon ETC | EUR | XS2651539681 | Flow Traders |
Find out more information about the product on the website of UBS Asset Management.
Further information
Discover the ETP segment at SIX Swiss Exchange.