November 29, 2022

Pimco ETF makes historical past with transfer to open outcry pit

Pimco ETF makes history with move to open outcry pit

Pimco ETF makes history with move to open outcry pit

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Pimco’s $3bn Lively Bond ETF (BOND) has change into the primary lively ETF to be traded in an open outcry pit, in a transfer geared toward enhancing liquidity and lowering buying and selling prices. It’s virtually actually the primary ETF of any sort to be traded in an open outcry pit since 2007.

Open outcry, the place ground merchants shout and use hand actions to execute orders, has died out on most inventory…

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