​There’s So Many Single-Stock ETFs, We’re Running Out Of Ticker Symbols – Tyler Durden

There’s So Many Single-Stock ETFs, We’re Running Out Of Ticker Symbols “Competition for them has never been fiercer. In a way similar to ‘cybersquatting,’ we can see market participants constantly grabbing tickers, especially as certain sectors or themes become more crowded.” Those were comments by Gavin Filmore, chief revenue officer of white-label firm Tidal Financial Group, to Bloomberg, addressing the accelerating depletion of ticker symbols for use by ETFs on U.S. markets.  As a new article notes, securing a catchy ticker for ETFs has now become a “high-stakes” challenge in the $10 trillion market, especially for funds tracking individual stocks. With…  — Continue at ZeroHedge News : Read More