MAFP recently introduced ETFxChange, a platform to allow recordkeepers to handle ETFs using the same systems and processes they already have in place for trading mutual funds. Tim Friday, Institutional Services Group CEO, Mid Atlantic Capital Group (MACG), said in a press release that there are more than 800 ETFs available on the ETFxChange platform.
More about Mid Atlantic Financial Platforms is at http://www.macg.com. More about DailyAccess is at http://www.dailyaccess.com.You Might Also Like:
Dimensional’s ETF Share Classes Get Official SEC Approval
The U.S. government shutdown delayed the official approval, but now Dimensional can manage both exchange-traded fund classes and mutual fund...
‘Complex Challenges’ Ahead as SEC Nears Dual-Share-Class Approval
Since April, the Investment Company Institute has looked into what asset managers may need to launch exchange-traded-fund share classes within...
Fiduciary Decisions’ Retirement Plan Services Are Revamped
The new and enhanced products include on-demand fee monitors and benchmarking reports.