Chi-X adds Zoom, Walmart and Mastercard TraCRs

Chi-X Australia has launched five more transferable custody receipts (TraCRs) for US companies that harness some of the investment themes presented by the COVID-19 pandemic.

The five new TraCRs are Zoom (TCXZOM), Mastercard (TCXMAC), Walmart (TCXWMT), 3M (TCXMMM), and Gilead Sciences (TCXGIL).

“COVID-19 has changed the way we live and work, so it is only natural that it is also informing the way Australians invest and the types of stocks they want,” Chi-X Australia chief executive Vic Jokovic said.

“Our latest tranche of TraCRs allow Australian investors to gain single-stock exposure to the US companies that are at the forefront of shaping our ‘new normal’ environment."

Chi-X now has 35 TraCRs for major global companies listed on its exchange.

Chi-X Australia Zoom, Walmart and Mastercard TraCRs Launched on 25 June 2020 Designed for retail and wholesale investors. Find out more This report is informational only in nature. Industry Moves neither recommends nor endorses this product/service.