Free Trial

Global Investor Magazine Copying and distributing are prohibited without permission of the publisher

BofA launches mutual funds algorithm for ETFs

28 July 2010

Bank of America is launching an electronic trading strategy that can automatically create shares of ETFs by buying and selling stocks and hedging with futures

Read more: [Bank of America ETFs]

Bank of America is launching an electronic trading strategy that can automatically create shares of ETFs by buying and selling...


 

Poll

What will UCITS IV mean to the market?

It will increase economies of scale and reduce costs for UCITS investors
33%
It will provide more choice, transparency and investor protection
17%
It will encourage the consolidation of funds
20%
It will result in a push by firms to domicile in a single location as opposed to multiple
17%
No real effect at all
13%