Sentences with phrase «when authorized participants»

When authorized participants — the special ETF market makers who have the ability to make and destroy ETF shares — wish to redeem their ETF shares, they can do so by trading them in to the issuer, which delivers an equivalent amount of the ETF's underlying holdings in an «in - kind» transaction.

ETF shares are created when an authorized participant deposits a portfolio of stocks into the fund in exchange for an institutional block of ETF shares (usually 50,000).

Not exact matches

When in the opinion of the Director of Purchase it will not create any burden or hardship upon the County and the anticipated prices will not be adversely affected thereby, the Director is authorized when he deems appropriate and as may be requested by the participants to provide in any particular County bid specification that the participants in Erie County shall have the right to make purchases based upon the bids received by the CouWhen in the opinion of the Director of Purchase it will not create any burden or hardship upon the County and the anticipated prices will not be adversely affected thereby, the Director is authorized when he deems appropriate and as may be requested by the participants to provide in any particular County bid specification that the participants in Erie County shall have the right to make purchases based upon the bids received by the Couwhen he deems appropriate and as may be requested by the participants to provide in any particular County bid specification that the participants in Erie County shall have the right to make purchases based upon the bids received by the County.

When market makers and other large investors accumulate sufficient shares of a NextShares fund, they can redeem their shares from the fund by transacting through intermediaries called Authorized Participants.

Closed - end funds tend to trade with higher volatility from their NAV than ETFs because ETFs have authorized participants that actively follow the shares and take action to reconcile the price in the open market when it deviates from the NAV.

When I search for explanations of how index - tracking ETFs avoid tracking error, the following explanation is normally given: ETFs allow certain Authorized Participants to trade the underlying assets...

A NextShares fund may permit cash to be substituted for some or all of the Basket instruments when: (a) the instruments are, for the purchase of a Creation Unit, not available in sufficient quantity; (b) the instruments are not eligible for trading by the Authorized Participant or the investor on whose behalf the Authorized Participant is acting; or (c) a holder of Fund shares investing in foreign instruments would be subject to unfavorable income tax treatment if the holder receives redemption proceeds in kind.

When rising demand for the shares causes them to trade at a higher price (i.e., at a premium), the Authorized Participant (AP) may find it profitable to create shares by buying the underlying securities, exchanging them for ETF shares, and then selling those shares into the market.

Hartford Funds has partnered with some of the most experienced lead market makers and authorized participants (APs) in the country to help investors achieve better execution prices when trading Hartford Multifactor ETFs.

When a new investor decides to purchase shares of an ETF they are using cash to acquire the shares through an «Authorized Participant» (AP) rather than directly with the fund itself.

When an ETF company wants to create new shares of its fund, whether to launch a new product or meet increasing market demand, it turns to someone called an authorized participant (AP).

When a NextShares fund does issue or redeem shares, the transactions are made through designated authorized participants and are normally in kind when practicable, meaning that the fund receives or delivers securities rather than cWhen a NextShares fund does issue or redeem shares, the transactions are made through designated authorized participants and are normally in kind when practicable, meaning that the fund receives or delivers securities rather than cwhen practicable, meaning that the fund receives or delivers securities rather than cash.