Replies to post #554 on Archer Aviation Inc (ACHR)

[Theo]

Your experience, Steve, matches one of this site's examples-

You see, giant institutions like mutual funds and ETFs need a lot of liquidity to minimize their market impact. Further, most ETFs are index funds, aiming to track an index.They need to mirror their underlying index closely, so they have to trade on the close, or else they’d be getting different prices than the index records.
You see, giant institutions like mutual funds and ETFs need a lot of liquidity to minimize their market impact. Further, most ETFs are index funds, aiming to track an index.They need to mirror their underlying index closely, so they have to trade on the close, or else they’d be getting different prices than the index records.

Thanks for the confirmation! 😀