An update on ETF Securities

Trading in many of ETF Securities’ exchange-traded commodities (ETCs) has been disrupted by the concerns over AIG earlier this week. Here’s the latest news we have on the situation.

Latest news (22/9/08): ETF Securities reports that 88 of the affected ETCs the Leveraged Commodity securities (which all have 'Leveraged' in the name of the security), ETFS Short Commodity securities (which all have 'Short' in the name), ETFS Forward Commodity securities (which all have 'Forward' in the name) and several of the Classic Commodity securities are now trading on the LSE again.

There are still 25 ETCs which remain suspended from trading, but it's hoped that they'll all be "back up and running by the end of the day". See here for more.

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John Stepek

John Stepek is a senior reporter at Bloomberg News and a former editor of MoneyWeek magazine. He graduated from Strathclyde University with a degree in psychology in 1996 and has always been fascinated by the gap between the way the market works in theory and the way it works in practice, and by how our deep-rooted instincts work against our best interests as investors.

He started out in journalism by writing articles about the specific business challenges facing family firms. In 2003, he took a job on the finance desk of Teletext, where he spent two years covering the markets and breaking financial news.

His work has been published in Families in Business, Shares magazine, Spear's Magazine, The Sunday Times, and The Spectator among others. He has also appeared as an expert commentator on BBC Radio 4's Today programme, BBC Radio Scotland, Newsnight, Daily Politics and Bloomberg. His first book, on contrarian investing, The Sceptical Investor, was released in March 2019. You can follow John on Twitter at @john_stepek.