Trading your neighbor's ETFs: Competition or fragmentation?

• المؤلفون الرئيسيون: BOEHMER, Beatrice, BOEHMER, Ekkehart
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2003
• الموضوعات: Securities trading; Market liquidity; Trading cost; ETF; Exchange competition; Finance and Financial Management; Portfolio and Security Analysis
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/lkcsb_research/4655; https://ink.library.smu.edu.sg/context/lkcsb_research/article/5654/viewcontent/Trading_Neighbor_ETF_2003_afv.pdf
• المؤسسة: Singapore Management University

On July 31, 2001, for the first time in its history, the New York Stock Exchange (NYSE) began trading three unlisted securities. The DIA, SPY, and QQQ are the most actively traded Exchange Traded Funds (ETFs) and are listed on the American Stock Exchange. On April 15, 2002 another 27 ETFs followed....