The first ETF, Standard and Poor's Deposit Receipt (SPDR, or “spider”) was released in 1993 with purpose to track the S&P 500 Index. Comprising the largest US companies; SPDRs are worth roughly one-tenth of the index, allowing international investors to diversify their portfolio without necessarily to pay the full price of the index.
Trading Hours: Monday-Friday(16:30 - 23:00) Eastern European Time (EET). GMT is 2 hours behind EET.
Trading Hours: Monday-Friday(16:30 - 23:00) Eastern European Time (EET). GMT is 2 hours behind EET.
Margin requirement: 5%
Symbol SPY
Total Net Assets (Bil) 79.60
Number of Holdings 505
Currency USD
Exposure USA
Assets Equity Market