Although several players were expecting the number of failed trades to increase significantly and rapidly post introduction – especially within markets in Europe and Asia Pacific – this has not been the case, said Benjamin O’Dwyer, vice president and ETF global capital markets specialist at State Street SPDR ETFs.
Deep Dive: Investors abandoning TIPS on falling inflation ‘misunderstand’ performance drivers
He said the firm has not seen a “significant uptick in the rate of fails” and is continuing to process ETF primary creation orders “without complications”.
Gerard Walsh, head of …
