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Arbitrage The practice of taking advantage of a price differential between two or more markets: Combinations of matching deals are struck that capitalize upon the imbalance,…

Documents © 2010, Morningstar, Inc. All rights reserved. ETF Liquidity Explained Bradley Kay Associate...

Slide 1© 2010, Morningstar, Inc. All rights reserved. ETF Liquidity Explained Bradley Kay Associate Director, European ETF Research Ben Johnson ETF Strategist September…

Documents ETFs - Past, Present, Future

1. ETFs: Past, Present, and Future Bradley Kay Associate Director, European ETF Research Ben Johnson ETF Strategist, European ETF Research March 25 th , 2010 2. Overview…