exchange-traded
Listed on bourses
Exchange-traded describes financial instruments bought and sold on a formal exchange rather than through private transactions.
An exchange-traded fund (ETF) trades on stock exchanges like individual shares, unlike mutual funds which are purchased directly from the issuing company.
The term signals standardization, transparency, and liquidity: exchange-traded options, exchange-traded commodities.
Tradable pooled investment vehicle
- fundReserved money supply
- stockGoods kept for sale
- sharePortion given out
- commodityFungible traded good
derivative · note · product · index · portfolio · asset · bond · option
Largest equities market
- NASDAQElectronic securities exchange
- listingRecorded item in catalog
- tickerInformal term for heart
- quoteRepeated words from another
volume · liquidity · bourse · floor · session · hours · opening · closing
Expanding into varied areas
- NAVPer-share fund worth
- intradayWithin a single day
- passiveNot actively participating
- activeIn operation now
rebalancing · holdings · allocation · benchmark · tracking · returns · yield · dividend
ETF
Tradable pooled investment vehicle
commodity · derivative · note · product · index · portfolio · asset · bond · option · futures
NYSE
Largest equities market
quote · volume · liquidity · bourse · floor · session · hours · opening · closing · bell
diversification
Expanding into varied areas
active · rebalancing · holdings · allocation · benchmark · tracking · returns · yield · dividend · transparent
open-ended
Lacking fixed boundaries
- creationMaking something exist
- redemptionRecovery or moral restoration
- arbitrageExploiting price discrepancies
premium · discount · in-kind · custodian · sponsor · issuer · prospectus · regulated · SEC · wrapper
exchange-tradedover-the-counter
Buyable without medical authorization
OTC · unlisted · bilateral · bespoke · negotiated
exchange-tradedprivate
Restricted to certain parties
restricted · illiquid · unregistered · exempt · non-public
exchange, traded, trade, exchanges, exchanged, exchanging, exchangeable, exchanger, trades