5 ways to be a better ETF trader
Make the most of free advice
Every custodian and most ETF companies have a capital markets desk that can help advisers find the best ways to execute trades, but Mr. Rosenberg thinks these services are underused by most advisers.
“The biggest thing you can do is talk to them,” he said. “They’re advice is free and they’re there to provide their expertise.”
It’s especially important to call them when trading more shares than an ETF has already traded in a single day, since the bid/ask spread that’s showing may not be the most accurate picture of what it costs to trade the larger block of shares, Mr. Rosenberg said.