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How ETFs Are Impacting Asset Pricing

TedTed
in The Bullpen
FYI: One class of financial products that has recently experienced truly explosive growth is exchange-traded funds.

But how does this growth affect the market? Do market prices on the underlying assets get more efficient? Are they more volatile? How is market liquidity affected?
Regards,
Ted
http://www.etf.com/sections/etf-strategist-corner/how-etfs-are-impacting-asset-pricing?nopaging=1
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