Exchange-traded product
An exchange-traded product (ETP) is a derivatively priced security which trades during the day on a national stock exchange. ETPs are typically benchmarked to indices, stocks, commodities, or may be actively managed.[1] There are several different types of ETPs, including:
- Closed-end funds (CEFs)
- Exchange-traded derivative contracts
- Exchange-traded funds (ETFs)
- Exchange-traded notes (ETNs) which may include:
- Exchange-traded certificates (ETCs)
- Exchange-traded currencies (ETCs)
- Exchange-traded commodities (ETCs)
ETPs also qualify for advanced types of orders such as limit orders and stop orders. This is in contrast to traditional mutual funds which are only available for buying and selling at certain points in the day.
See also
References
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