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Monday, April 23, 2007 10:24:19 PM
Scott explained to me that you could create a single tradeable product which is made up of any number of stocks (or other securities, perhaps) - much like Exchange Traded Funds (ETF) which are made up of multiple securities like mutual funds, but which can be bought and sold like stocks.
So, apparently, SpoozToolz allows you in effect, to create your own ETF-like product.
I was shown a list of such products that had been created by Spooz. It seems like they were for various sectors. Scott said you could create whatever kind of product you like.
I don't remember how you do this - but Scott said it could be done.
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