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NYSE Sees ETFs Pushing Market Growth
The New York Stock Exchange is expecting active ETFs to accelerate growth in the U.S. market.
TheNew York Stock Exchange(NYSE) is expecting active ETFs to accelerate growth in the U.S. market,IFA Onlinereports. Potential new issuers, such asAllianceBernstein,Dreyfus Corp.andState Street, are in the process of rolling out active ETFs.
Laura Morrison, vice president, global index and exchange-traded products at NYSE, said there are only 41 transparent active ETFs listed on the exchange as of now.BlackRockrecently filed for rolling out a non-transparent actively managed ETF.
Click here for the story fromIFA Online.