The 20 greatest trading innovations
The TRADE
OCTOBER 24, 2024
ETFs offer investors a chance to buy and sell a basket of securities as if it were a single stock and transaction. ETFs track and mirror how a pool of exchange traded securities is trading on exchange and price themselves accordingly. The first ETF to launch in the US was the SPDR S&P 500 ETF (SPY) in 1993.
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