Posted by Erland Sommarskog on 11/05/05 00:34

(JayCallas@hotmail.com) writes:
> Not all index can have positions. For instance, the Dow Jones
> Industrial Average is an an index but you cannot buy shares of it, only
> shares of the components. But there is a class of indices called ETF
> (Exchange Traded Fund) that you can buy and sell shares of. Here is a
> link for the definition of an ETF,
> http://www.investorwords.com/1755/ETF.html. (There are probably better
> ones out there but this gives the basics.)

I think we have those in Sweden as well. I would guess that our
customers handle them as stocks. At least I have not heard of any
requirement to add any support for them.


--
Erland Sommarskog, SQL Server MVP, esquel@sommarskog.se

Books Online for SQL Server SP3 at
http://www.microsoft.com/sql/techinfo/productdoc/2000/books.asp

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