Soon exchange traded funds (ETFs) will be even easier to trade with the introduction of AEMI-Auction and Electronic Market Integration-by the American Stock Exchange. On November 6, the AEMI will provide immediate and automated execution of electronic orders in compliance with Regulation NMS. The press release explains the AEMI will trade equities and ETFs at the outset but it has been designed to trade multiple instruments combined with the speed of an electronic market and the dedicated liquidity of an auction market for times of order imbalances, complex trades or when natural liquidity cannot be found.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.