FYI: It’s the next step in ETF efficiency.
That’s how the Intercontinental Exchange is characterizing its new “hub” for the exchange-traded fund industry, a collaboration between the New York Stock Exchange parent and investment giant BlackRock aimed at simplifying how the over $5 trillion ETF market is traded.
The hub will run on the ICE’s platform and serve as an ecosystem for ETF market participants. Key features include standardized systems for order entry and management, issuer data tracking, messaging and analytics, accordi
Regards,
Ted
https://www.cnbc.com/2019/11/03/intercontinental-exchange-data-chief-new-etf-hub-will-grow-the-market.html