ETF Securities said that a financial firm has bought 100,000 shares of its proposed first-ever U.S. platinum exchange-traded fund (ETF) and delivery is scheduled by the end of the week. The initial purchaser was Susquehanna Capital Group, which is also the lead market maker, ETF Securities USA said in a filing with the U.S. Securities and Exchange Commission on Dec. 31.
The purchase took place Dec. 30 with delivery expected about Jan. 8, according to the filing. (more)
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