The Boston Options Exchange “BOX” Will Allow FREE Trading On 3 ETF’S (SPY, QQQQ, IWM)

The Boston Options Exchange “BOX” will eliminate trading fees for three exchange traded funds “ETF’s”.  They will eliminate the fees on three ETF’s in hopes to gain business in options trading for these funds.  The three ETF’s are SPDR Trust Series (SPY), the PowerShares QQQ Trust (QQQQ) and the iShares Russell 2000 Index Fund (IWM).

SPDR University weds learning with marketing

In April 2008, State Street’s intermediary business group, which is the investment management arm of State Street Corporation, launched SPDR University—an agile learning portal exclusively for financial advisors. The intermediary business group is responsible for distributing its SPDR (pronounced “spider”) Exchange Traded Funds (ETFs) and additional products via financial advisors, brokers, and other investment professionals. […]

SSgA Plans VRDO Muni Bond ETF

With market volatility still a concern and Treasury yields relatively low, State Street Global Advisors has filed to launch a new municipal bond exchange-traded fund. The SPDR S&P Municipal VRDO ETF will track an index of variable rate demand obligations. Those are debt issues by states, local governments and other agencies which pay interest exempt […]