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Old Wall Street Losing The Battle Beneath The Surface Of ETFs
FYI: A hidden war is taking place within your exchange-traded fund, and some of the biggest names on Wall Street are losing out. Banks like Goldman Sachs Group Inc. have surrendered a once-lucrative type of market making amid an onslaught of regulation that’s wiped out profit margins. Nimbler firms -- so-called high-frequency traders -- have picked up the slack. Regards, Ted https://www.fa-mag.com/news/old-wall-street-losing-the-battle-beneath-the-surface-of-etfs-35204.html?print
