Exchange traded funds (ETFs) are financial innovations that may be considered as a part of the index financial instruments category, together with stock index derivatives. The aim of this paper is to explore the trajectories and formulates predictions regarding the spread of ETFs on the...

The Exchange-Traded Funds Manual, Second Edition; Contents; Preface; Acknowledgments; Chapter 1: An Introduction to Exchange-Traded Funds; Chapter 2: The History and Structure of Exchange-Traded Funds-and Some of Their Competitors; Chapter 3: The Regulatory Framework and Mechanics of the Open-End ETF;...

Using the unique dataset on web analytics and exploiting institutional features of search engine technology, I study the relationship between an ETF’s visibility on the Internet and its fund flows. I consider three channels of online visibility: Organic or “free” search, paid search, and...