How might ETFs and passive investing affect financial markets, when it comes to stock liquidity, informativeness of stock prices, and other factors? Read the article, and the insights, from Philipp Höfler, doctoral candidate at the Department of Finance at Goethe University Frankfurt, using OptionMetrics data, in “Are Passive Funds Negatively Impacting the Stock Market?” in Traders Magazine.
Are Passive Funds Negatively Impacting the Stock Market?
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