%0 Journal Article %A Howard L. Simons %T Delivered Futures on Exchange-Traded Funds %D 2003 %J ETFs and Indexing %P 88-93 %V 2003 %N 1 %X 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. %U https://guides.pm-research.com/content/iijetfind/2003/1/88.full.pdf