Cantor Fitzgerald and IMC become latest WisdomTree Authorised Participants (AP) on UCITs platform
Additional APs expand the liquidity network and reflects increasingly global reach of WisdomTree UCITS offering
London, 1 March 2016: WisdomTree, the exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor, and the world’s largest currency-hedged ETF issuer by AUM announced that Cantor Fitzgerald and IMC have become the most recent additions to a growing list of Authorised Participants (APs) for the WisdomTree UCITS ETF platform.
Authorised Participants are the only parties who are able to officially create and redeem ETF shares on investor demand directly with the ETF issuer.
“We are pleased to welcome two very well respected trading firms to the WisdomTree UCITS ETF platform. Cantor Fitzgerald and IMC join a growing list of APs that will play an important part in expanding and facilitating liquidity to our clients investing in WisdomTree UCITS ETFs,” said Zach Hascoe, Director of Capital Markets, Europe.
WisdomTree operates an open AP model and plans to continue increasing the number of Authorised Participants over the next several months. With the addition of Cantor Fitzgerald and IMC, WisdomTree Europe now has 17 Authorised Participants on the UCITs platform.
Hascoe continued, “Expanding our bench of APs demonstrates the commitment that WisdomTree has to the European marketplace. Further, it underlines the solid capital markets infrastructure that has been developed to support the WisdomTree UCITS ETFs for a global client base which increasingly seeks to invest in the UCITS structure.”
WisdomTree UCITs Authorized Participants
- ABN AMRO
- Cantor Fitzgerald
- Commerzbank
- CitiGroup
- Flow Traders
- Goldenberg Hehmeyer
- Goldman Sachs
- IMC
- Jane Street
- KCG Europe
- Mako Financial
- Merrill Lynch
- Morgan Stanley
- Société Générale
- Susquehanna
- Unicredit
- Virtu Financial