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Monday, July 25, 2005 Nasdaq Eyes Direct Sales of ETFs Nasdaq Global Funds Inc. is working on a solution to the problem of incremental investors and ETFs, reports the Wall Street Journal. Nasdaq hopes to make its Nasdaq-100 Index Tracking Stock Trust available to investors without brokerage accounts for as little as one or two dollars per trade. Investors would purchase shares through a direct program with Nasdaq. Shares of ETFs would directly in the trust when the investor has accumulated a certain amount of money. If the program works, Nasdaq plans to make four of its BLDRS ETFs available. Printed from: MFWire.com/story.asp?s=10141 Copyright 2005, InvestmentWires, Inc. All Rights Reserved |