Exchange for ETF
id:
exchange-for-etf-196-672762
title:
Exchange for ETF
text:
In finance, an exchange for ETF (EFETF) transaction is one in which ETF units are exchanged for futures contracts which have the same underlying index; this is usually any of the broad based equity indices in North America, Europe, and Asia for which there is a liquid future available. Typical indices are S&P, FTSE, DAX, CAC 40. It is similar to an exchange for physical (EFP) in which the constituent basket of stocks is exchanged for a futures contract.
Usually traded via a broker who will cross
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Exchange_for_ETF
date created:
date modified:
2022-02-08T19:31:12Z
main entity:
{"identifier":"Q5322969","url":"https://www.wikidata.org/entity/Q5322969"}
image:
fields total:
13
integrity:
13