Bats Chi-X Europe has listed its first ETF aimed at providing European investors with a simplified settlement process, at a time when the market for exchange-traded products in the region is hotting up.
The new fund - the iShares MSCI USA Dividend IQ UCITS ETF - tracks US companies that have higher-than-average dividend yields. It launched today across Bats Chi-X Europe, the London Stock Exchange and Deutsche Börse.
