How two-stock ETFs could transform pair trading for investors.
Tidal Financial Group's Michael Venuto filed last month for eight two-stock ETFs: going long one stock and short the other.
"They should come out probably in about two or three months," Venuto, the firm's chief investment officer and co-founder, said on CNBC'sThese new ETFs aim to simplify long-short trades by bundling both positions into one product and eliminating the need for separate trades, according to the Tidal Financial website.
3 high-paying roles in industries that keep adding jobs: ‘You wouldn't think' they'd pay 6 figures, says expert"Instead of having to short something yourself, the ETF is going to do that for you. And so, there's a convenience factor that's out there," the firm's head of research said on CNBC's This streamlined approach could attract investors looking for ease of access in balancing market positions."I think the ETF adoption is going to continue, even if we have some of these niche-oriented products sitting side by side with Vanguard 500 in a portfolio," Rosenbluth said.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chappell Roan Brought Her Signature Sparkle to the ‘Saturday Night Live’ StageTwo songs, two looks, and two over-the-top sets.
Read more »
Brutes beat sleeping homeless man to death with metal pipes, baseball bat, outside NYC supermarket: copsViolent pair used baseball bats and metal pipes to brutally beat two men – killing one
Read more »
Week 8 Hollis Wright Player of the Week ran, passed his team to a routStandout quarterback threw for a pair of TDs and ran for two more.
Read more »
Texas Residents Told To Stay Inside in Two Cities As Toxic Leak Kills TwoResidents were told to stay inside and close all windows and doors to prevent exposure to the toxic hydrogen sulfide gas.
Read more »
Badgers without two receivers, Rutgers without two defensive backs for game SaturdayWisconsin will be down Bryson Green and Tyrell Henry for the matchup in New Jersey.
Read more »
Two people dead after two shootings, one involving police, in Phoenix and Sun CityTwo people are dead after a pair of connected shootings along Thunderbird Road in Phoenix in Sun City. One of the two shootings involved Phoenix police officers.
Read more »