May 2012
Beginner
793 pages
20h 29m
English
book
Trading Commodities, Commodity Options and Currencies (Collection)
by Paul Brittain Carley Garner
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8. Currency ETFs Versus FOREX and Futures
Exchange Traded Funds, commonly known as ETFs, are investment funds that trade as equities. Unlike typical mutual funds, which can only be bought or sold based on settlement prices at the end of a trading day, ETFs can be bought or sold throughout the day just like a share of stock. ETFs began as a tool to trade stock indices, such as the S&P 500, and offered an alternative to actively managed equity funds that come with hefty management fees. However, as the industry progressed and investor demand for alternative assets has grown, ETFs have become a hot bed of commodity and currency speculation.
I won’t pretend to be an expert in this field. I am a futures, options, and FOREX broker and, therefore, that ...
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