They're not ETFs, but SSFs (Single Stock Futures). In Europe they were called USFs (Universal Stock Futures). There were 2 US exchanges in the past: NQLX and O

They're not ETFs, but SSFs (Single Stock Futures). In Europe they were called USFs (Universal Stock Futures). There were 2 US exchanges in the past: NQLX and OneChicago, both closed now. pros: - short selling restrictions don't apply - no need to locate shorts, no need to pay short interest (but of-course it's expressed in future contract's price) - lower overnight margin requirements - only 20% vs 50% for stocks cons: - lower liquidity - only round lots - no dividends -- https://en.wikipedia.org/wiki/Single-stock_futures https://en.wikipedia.org/wiki/Single-stock_futures https://en.wikipedia.org/wiki/OneChicago https://en.wikipedia.org/wiki/OneChicago