The 20 greatest trading innovations
The TRADE
OCTOBER 24, 2024
However, first off the bat was MarketAxess which launched its Open Trading all-to-all trading environment in 2012. The first ETF to launch in the US was the SPDR S&P 500 ETF (SPY) in 1993. Designed to reflect a new method of measuring volatility the index is now based on the S&P 500 Index (SPX) for US equities.
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