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So what is the takeaway here? Is this ETF fund trying to make their plan/offering more favourable or attractive by calling out this "fake" volume?

• andrewla 8y ago
  They are showing that the methodology that they have for computing the NAV (net asset value) is solid and based on exchanges that do not have fake volume. Also that the effective volume and price sensitivity on those exchanges is reasonable for the asset class. And finally that in order to manipulate those exchanges sufficiently to affect the price and win an arb against the ETF is infeasible.
  • hhorsley 8y ago
    Well said
• jahewson 8y ago
  These are the slides that accompany their SEC filing. So, no. They’re just presenting the facts of their business.
• deleted 8y ago
  [deleted]