Working with the ETF industry, stock exchanges and CSDs in Asia and Latin America, Euroclear has established the first global distribution channel for UCITS ETFs. This allows trading in the same ETF to follow the sun in an efficient manner through cross-listings on different continents.
By issuing ETFs within an ICSD such as Euroclear Bank, the international structure with a common depositary removes the major operational and settlement issues that have often deterred issuers from cross-listing their ETF products around the world and imposed additional costs on market-makers – costs that have ultimately been borne by end-investors.