A financial product that tracks certain securities, an index/ benchmark, a currency, a commodity, or other types of products or instruments. The product represents an exchange-traded security, known as ETP, that is pegged to the performance of the underlying over a period of time. An exchange-traded product (ETP) trades like a security on an exchange such as the stock market. These products also provide a means of diversification for investors, and make its underlying more liquid and tradable in the market where investors can buy and sell ETPs such as shares.
Exchange traded products include exchange traded funds (ETFs), exchange traded notes (ETNs) and exchange traded vehicles (ETVs),
