Products August 4, 2010
DailyAccess to Offer ETFs
August 4, 2010 (PLANSPONSOR.com) - Through a strategic alliance with Mid Atlantic Financial Platforms, Inc. (MAFP), DailyAccess Corporation is now positioned to offer exchange traded funds (ETFs) in employee benefit plans.
Reported by PLANSPONSOR staff
MAFP recently introduced ETFxChange, a platform to allow recordkeepers to handle ETFs using the same systems and processes they already have in place for trading mutual funds. Tim Friday, Institutional Services Group CEO, Mid Atlantic Capital Group (MACG), said in a press release that there are more than 800 ETFs available on the ETFxChange platform.
More about Mid Atlantic Financial Platforms is at http://www.macg.com. More about DailyAccess is at http://www.dailyaccess.com.