The iShares SM S&P (symbol OEF) began trading on the Chicago Board Options Exchange October 27.
The Philadelphia Stock Exchange has confirmed that it is pursuing plans to begin trading exchange traded funds.
FTSE, owned by the London Stock Exchange and the Financial Times Group, on October 16 launched the FTSE TMT Index, a designated technology, media and telecommunications index.
Stoxx Ltd, the European stock market index provider, plans to license five banks (UBS Warburg, Hypo Vereinsbank AG, Merrill Lynch & Co, AXA Group and Société Générale) to sell exchange-traded funds based on its indexes and traded on the Deutsche Boerse.
OM Stockholm commenced trading the first exchange-traded fund in Sweden on October 30, following approval from the Swedish Financial Supervisory Authority.
A major decision for investors in exchange-traded funds is choosing an index, because the main differentiator among products is the indices they track. Following are some features of the chief index providers.
State Street Global Advisors has entered a license agreement with MSCI under which the two organizations plan to launch a range of exchange-traded funds in Europe based on MSCI indices
Exchange-traded funds began trading on the New York Board of Trade’s New York Futures Exchange on October 5 after receiving approval from the Commodity Futures Trading Commission.
In a recent report called “Index-Linked Exchange-Traded Funds,” Morgan Stanley Dean Witter discussed a variety of investment considerations for those looking to buy ETFs.