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In its most basic incarnation, an exchange traded fund tracks a particular market index and, importantly, can also be readily traded throughout the day on a stock exchange. This second feature is the most distinguishable aspect between ETFs and more traditional index-tracking mutual funds, where liquidity has typically been, at most, daily.

Jonathan Parker | December 11, 2012

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Technical view: What is an exchange traded fund and how does it work?

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Technical view: What is an exchange traded fund and how does it work?

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