195: Ilan Israelstam – The Inner Workings of an ETF Manager
Chat With Traders
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How Beta Shares Track the NASDAQ 100
A lot of investors don't understand that the amount of bids and offers, etc., that you see on the screen are just the tip of the iceberg. If we wanted to, somebody could go and buy essentially the amount of liquidity in thatETF is only bound by the liquidity of the underlying securities. So that open-ended nature is the key difference between an ETF and a share.
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