The 20 greatest trading innovations
The TRADE
OCTOBER 24, 2024
While perhaps not one of the most exciting aspects of the trade lifecycle, settlement is a central process that acts as a pillar for the capital markets. The first ETF to launch in the US was the SPDR S&P 500 ETF (SPY) in 1993. In 2003, the index was updated as part of a partnership with Goldman Sachs.
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