In the Margins

ETF firms, Wall Street discuss market turmoil

October 7, 2015

By BloombergBusiness

BlackRock, Vanguard Group and State Street are among the exchange-traded fund issuers holding talks with stock exchanges and market makers to discuss ways to avoid repeating the issues that plagues ETFs during the market turmoil on Aug. 24. The August day saw more than 1,000 trading halts—many in ETFs—as $1.2 trillion of U.S. market value was erased before prices partially recovered. Read the original story from BloombergBusiness.

 

 

Most Read

Top of the Agenda - Compensation
Fund CCOs continue to see pay increases

Mutual fund chief compliance officers saw notable increases in pay again in 2018, though they did not receive as big a pay bump as they did ...

10 Things
10 Things...to read in summer 2019

Hello, Summer 2019! Today's solstice marks the beginning of the season, and that—hopefully—means a slower pace for a few months. Trips to the beach, time on ...

A Seat at the Table
Invesco Funds board finalizes succession plans

The Invesco Funds board will name Christopher Wilson vice chairman at its June meeting, making him the heir apparent to long-serving independent Chair Bruce Crockett. Crockett ...