Exchange for ETF

Source: Wikipedia, the free encyclopedia.

In

S&P, FTSE, DAX, CAC 40. It is similar to an exchange for physical
(EFP) in which the constituent basket of stocks is exchanged for a futures contract. Usually traded via a broker who will cross the futures on exchange, this is a way for ETF market makers to manage their inventories in ETF positions which they have hedged with futures

References