Samoindeksowanie na rynku finansowym

• Authors: Tomasz Miziołek

Title variants

EN

Self-Indexing on Financial Market

• Languages of publication: PL

Abstracts

EN

Self-indexing involves the creation by financial institution offering financial instruments based on indices (or by its affiliates) - e.g. exchange-traded funds (ETFs), index funds, structured products - own, proprietary indices. The main advantage of selfindexing is the ability to reduce the costs of managing the investment portfolio as the result of the resignation of the licensing indices from third parties. The disadvantage of this practice can be reducing the transparency and conflicts of interest. Self-indexing is much more popular in the U.S. ETFs market than in European market, because of more liberal legislation in this field (requirements for ETF providers in United States have recently been alleviated by Securities and Exchange Commission (SEC).

Keywords

PL

Fundusze ETF; Regulacje prawne; Rynki finansowe

EN

Exchange Traded Fund (ETF); Financial markets; Legal regulations

• Publisher: Uniwersytet Ekonomiczny w Katowicach
• Journal: Studia Ekonomiczne
• Year: 2014
• Volume: 186 cz 2
• Pages: 278-286

Contributors

author

Tomasz Miziołek

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Identifiers

ISSN

2083-8611