In this article LLYWFCNFLXFMSTRYUMCOINGOOGLCMCSANYTJPMTSLAINTCNVDAMAMZN Follow your favorite stocks CREATE FREE ACCOUNTwatch nowThe exchange-traded fund industry is trying to make pair-trade strategies more accessible to everyday investors.
Tidal Financial Group's Michael Venuto filed last month for eight two-stock ETFs: going long one stock and short the other.
"They should come out probably in about two or three months," Venuto, the firm's chief investment officer and co-founder, said on CNBC's "Halftime Report" this week.
Zoom In Icon Arrows pointing outwardsThese new ETFs aim to simplify long-short trades by bundling both positions into one product and eliminating the need for separate trades, according to the Tidal Financial website.
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Persons:
Michael Venuto
Organizations:
Tidal