Nasdaq Composite tracking stock started trading Wednesday. Great symbol name.
http://www.optionetics.com/education/articles/article_full.asp?idNo=9167
http://www.optionetics.com/education/articles/article_full.asp?idNo=9167
Quote from deronwagner:
I was very happy to see the introduction of ONEQ because, unlike other ETFs that are traded on the AMEX, it is traded on the Nasdaq. Therefore, getting in and out of it is much quicker than other ETFs we trade. It's also great that, despite being priced in the $70 range, the spread is typically one to two cents. It is quite liquid and I am sure will gain in popularity, as well as take away liquidity from QQQ. Just my 2 cents. . .
Quote from Ebo:
The QQQ's are not liquid enough?
The largest spread i have ever seen in The Q's has been .01!