(no subject)
An answer to my question from last week.
http://www.smartmoney.com/tradecraft/index.cfm?story=20010725
But the Amex? Forget it. There are no exchange-traded funds, open- or closed-end mutual funds, options, futures or warrants pegged to the American Composite, a decision no doubt based partly on the exchange's relative lack of liquidity. An active day for Amex-traded Nabors Industries (NBR) is 3.7 million shares, while Nasdaq-listed Cisco Systems (CSCO) will trade that in the first 15 minutes.
http://www.smartmoney.com/tradecraft/index.cfm?story=20010725
But the Amex? Forget it. There are no exchange-traded funds, open- or closed-end mutual funds, options, futures or warrants pegged to the American Composite, a decision no doubt based partly on the exchange's relative lack of liquidity. An active day for Amex-traded Nabors Industries (NBR) is 3.7 million shares, while Nasdaq-listed Cisco Systems (CSCO) will trade that in the first 15 minutes.