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April 21, 2021

Capital Markets Series: Market Microstructure

The growth of indexing and the widespread adoption of ETFs have implications for the microstructure of the markets. How might this secular shift shape the investment landscape? What effects might it have on market volatility and liquidity? How far can the shift to passive can theoretically proceed? Our panelists addressed these questions and more during the fifth part of our Capital Markets Series on April 21, 2021.