14.11.2016 - Fast-Moving Markets Propel ETF Trading After Trump Win
As investors pivoted quickly after Donald Trump’s election victory, their go-to was exchange-traded funds. New York-based brokerage firm Convergex saw clients trading almost three times more ETFs on Wednesday, the day after the election, than they did on Tuesday while overall share trading rose 50%, according to Chief Executive Eric Noll. “In times of market stress, traders and institutions have to adjust their portfolios quickly. The easiest way for people to refocus their portfolios without picking individual stocks is ETFs,” said Noll. ..........................................Full Article: Source
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