Sentences with phrase «where authorized participants»

Poor spreads are also generally related to a lack of liquidity, and illiquid assets are usually the first to become heavily disconnected from the underlying in cases where the authorized participants (APs) face issues.

Mauro: Creations and redemptions are done primarily using an «in - kind» process where authorized participants (APs, or bond broker - dealers) deliver bonds in order to create shares or redeem bonds out of the ETF to redeem shares.

Not exact matches

Open one pooled account where the plan administrator manages the investment activity for the entire plan, OR establish separate accounts and authorize each participant or the plan administrator with management of the investment activity