Euroclear France, the subsidiary of international central securities depository Euroclear Group, has launched an automated processing service for exchange-traded fund (ETF) transactions.

An ETF, or tracker, is a single share that gives investors exposure to a broad benchmark such as the EuroStoxx 50, a sector such as the FTSE Global Financials, a country or a geographic zone in a single transaction, with the objective of closely mirroring the yield performance of the underlying index. Like mutual funds, ETFs are traded throughout the day on exchanges.