“The growing importance of exchange traded funds in the financial markets” – Bundesbank’s Monthly Report
“The growing importance of exchange traded funds in the financial markets” – Bundesbank’s Monthly Report
Exchange-traded funds (ETFs) have shown very dynamic growth rates in recent years and are therefore becoming increasingly relevant on the financial markets. Against the background of their complex structures, ETFs can also have specific effects on market liquidity in the financial system.
More on liquidity, ETF risks, the role of designated sponsors and increasing complexity can be found in the Bundesbank's October Monthly Report.