TY - JOUR T1 - Delivered Futures on Exchange-Traded Funds JF - ETFs and Indexing SP - 88 LP - 93 VL - 2003 IS - 1 AU - Howard L. Simons Y1 - 2003/09/21 UR - http://guides.pm-research.com/content/2003/1/88.abstract N2 - 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. ER -