PT - JOURNAL ARTICLE AU - Howard L. Simons TI - Delivered Futures on Exchange-Traded Funds DP - 2003 Sep 21 TA - ETFs and Indexing PG - 88--93 VI - 2003 IP - 1 4099 - http://guides.pm-research.com/content/2003/1/88.short 4100 - http://guides.pm-research.com/content/2003/1/88.full AB - Indices, despite their popularity, are not trading instruments. Index futures and options have addressed this deficiency, and the exchange-traded fund has taken process one step further. Delivered futures on ETFs eliminate many of the problems associated with index trading and their versatility opens new trading opportunities.