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Current DateTime: 06:54:21 11 Nov 2009
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Current DateTime: 06:54:22 11 Nov 2009
LinksList Documentid: 30456179
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Trader Talk Video Gallery
Bob Pisani reports on the trading day from the NYSE
Assessing whether the rally is real or fake, with CNBC's Mary Thompson; Rick Bensignor, Execution LLC; Eric Ross, Canacc...
CNBC's Bob Pisani reports on the trading day from the NYSE.
CNBC's Bob Pisani reports on the trading day from the NYSE.
Bob Pisani reports on the trading day from the NYSE
Getting more insight on the day's market action, with Brian Belski, Oppenheimer & Co.; Tim Speiss, Eisner Personal Wealt...
CNBC's Bob Pisani reports on the trading day from the NYSE.
CNBC's Bob Pisani reports on the trading day from the NYSE.

Trader Talk

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Feb.19
1:41 PM ET
Thursday, 19 Feb 2009
ETFs Gain In Popularity

Despite the economic downturn, there is no downturn in the Exchange-Traded Fund (ETF) business.

According to Murray Coleman, managing editor at IndexUniverse.com, 850 ETFs are in registration at the SEC as of January 31st, and there are several new issuers queuing up to get in the business.

The most recent addition is Charles Schwab [SCHW  Loading...      ()   ], which announced on January 30th that they would be getting into ETFs. Their first product: a broad market ETF that would track the Dow Jones U.S. Total Stock Market Index.

Not an original idea, but expect a lot more from them.

What about those other 800 ETFs in registration? Some are quantitative based, but others will be in small niches, including a relatively new entry: single-country ETFs.

Two weeks ago, Global X floated its InterBolsa Colombia ETF [GXG  Loading...      ()   ], which tracks the Colombian stock market.

They will soon be coming out with Philippines, Peru, Argentina, Egypt and Nordic ETFs.

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