词条 | Exchange-traded product |
释义 |
An exchange-traded product (ETP) is a regularly priced security which trades during the day on a national stock exchange. ETPs may embed derivatives but it is not a requirement that they do so and the investment memorandum (or offering documents) should be read with care to ensure that the pricing methodology and use (or not) of derivatives is explicitly stated.[1] Typically, individual underlying securities, such as stocks and bonds, are not considered ETPs. ETPs are often benchmarked to indices, stocks, commodities, or may be actively managed.[2] There are several different types of ETPs, including:
ETPs also qualify for advanced types of orders such as limit orders and stop orders. This is in contrast to traditional mutual funds which are only available for buying and selling at certain points in the day. See also
References1. ^Example of a Fixed Income Exchange Traded Product {{econ-stub}}2. ^{{cite web|url=https://www.nyse.com/about/listed/1266318203764.html |title=Exchange Traded Products - Education |deadurl=yes |archiveurl=https://web.archive.org/web/20100813230918/http://www.nyse.com/about/listed/1266318203764.html |archivedate=August 13, 2010 }} 1 : Exchange-traded products |
随便看 |
|
开放百科全书收录14589846条英语、德语、日语等多语种百科知识,基本涵盖了大多数领域的百科知识,是一部内容自由、开放的电子版国际百科全书。