13.03.2013 - BNY Mellon gets patents on commodities ETFs
After a decade long wait, BNY Mellon has received patents on its commodity exchange traded fund structures, according to a report. The firm received three patents that drive large commodity ETFs, including the popularly regarded SPDR Gold Shares. BNY Mellon has created grantor trusts to turn physically held gold, silver, platinum and palladium into ETFs that can be traded on an exchange...............................................Full Article: Source
Print