Commodity ETN's listing today

[SimonPB]

Gold - SBAG1
Silver - SBAS1
Platinum - SBAPL1
Palladium - SBAPD1

The brochure is on the website under help and education ==> how to guides

[SimonPB]

and also more at http://corporateandinvestment.standardbank.co.za/pages/microsites/commodity_linkers/

[Werner_1]

Thanks Simon, just read the brochure, looks interesting!

[SimonPB]

page 5 of brochure .. NB info .. on pricing and returns ..

[PaulC]

Can anyone give a simple example of how pricing works. My brain isnt working well this am. silver is R131 an ounce. How does that relate to the ETN price?

[mwk]

You might want to check out page 7 of the brochure.

[john_1]

Well done for getting this off the ground..this provdes a new value oppertunity for investors!

[DEP]

Margin between buy / sell too wide?

[SimonPB]

36c on a R101.55 price (for SBAG1) ???

[DEP]

Yep, it was R1 (1%) the day it listed on all 4 ETN. I see SBK is closing the gap today! Better.

[SimonPB]

they also have a lot of spreads to cross .. underlying and currency .. so can widen, but point is wait for narrow ..