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Here’s How ETF Traders Rode Out Post-Brexit Stock-Market Rout

TedTed
in The Bullpen
FYI: ETF investors kept their cool in the market turmoil that followed the U.K.’s vote last week to exit the European Union.
A more than twofold jump in value of total market trading on Friday—a day that saw the biggest one-day rout for global equities in history—was almost entirely driven by trades in individual stocks, while ETF traders appeared to shrug off the most anticipated economic event of the year, said Dave Nadig, director of exchange-traded funds at FactSet, on Wednesday.
Regards,
Ted
http://www.marketwatch.com/story/heres-how-etf-traders-rode-out-post-brexit-stock-market-rout-2016-06-29/print
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