A flash crash reminiscent price plunge forced the Nasdaq OMX to cancel the trades on new exchange-traded funds that on Thursday saw their share prices tank.  Reuters is reporting that, “The ETFs, sponsored by Scottrade affiliate FocusShares, started trading on Wednesday and on Thursday plunged Read more…

ETF BASIC NEWS, NYSE:FBM, NYSE:FCD, NYSE:FCL, NYSE:FCQ, NYSE:FEG, NYSE:FFL, NYSE:FHC, NYSE:FIL, NYSE:FLG, NYSE:FMM, NYSE:FMU, NYSE:FOS, NYSE:FRL, NYSE:FTQ, NYSE:FUI

FocusShares will begin trading its new “Focus Morningstar Mid Cap Index ETF” (NYSE:FMM) Wednesday, March 30, 2011. The Focus Morningstar Mid Cap Index ETF (the “Fund”) seeks to provide investment results that correspond, before fees and expenses, generally to the price and yield Read more…

FUND LAUNCH, NYSE:FMM