Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the difference between ETCs and certificates or turbos?

April 26, 2017certificates etcs turbos

0

0 Posted

What is the difference between ETCs and certificates or turbos?

1 Answer

0

0 Posted

ETFS Oil Securities and ETFS Commodity Securities ETCs are open-ended securities backed by commodity contracts purchased from credit worthy companies who are leaders in the respective field, and multiple market makers ensure tight bid-offer spreads for trading on regulated exchanges. Certificates or turbos are notes created, priced and traded by issuing banks – there are no creations/redemptions on demand and they are generally less liquid.