你必须知道的ETF交易原理: ETF的价格是如何决定的?

ETF是非常流行的投资产品，但是我们很多人其实并不知道它内在的运作原理。例如，ETF如何确保市场价格和它包含的股票的NAV（资产净值）紧密联系？ETF的一级市场二级市场是什么，AP和MM(Market Maker做市商)的作用以及Arbitrage套利交易又是什么？看完这个视频你就会懂得ETF的基本运作原理，了解ETF设计的精妙之处。
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我个人使用Interactive Broker来投资美股。下面是推荐链接。您的点击会给我带来收益(不会对您产生费用)，也是对我的支持。这些收益会帮助我为大家持续产出优质的内容。
请点击:
https://www.interactivebrokers.com/mkt/?src=mxyz2&url=%2Fcn%2Fwhyib%2Foverview.php
我只推荐我自己使用的产品和服务。
Interactive Broker 对美国客户免交易费；
加拿大用户可以说是最快速便宜的将CAD转成USD来投资美股的平台。我个人使用它主要是这个原因。
其它地区的朋友也建议查看一下在你地区的优势。
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视频中参考的部分资料：
* Authorized participants and market makers-Part 1
https://www.blackrock.com/au/intermediaries/ishares/authorized-participants-and-market-makers
* Authorised participants by the numbers – Part 2
https://www.blackrock.com/au/intermediaries/ishares/authorised-participants-and-market-makers-part-2
* https://www.rbcgam.com/documents/en/articles/what-is-the-role-of-the-market-maker-for-etfs.pdf
* An Inside Look at ETF Construction
https://www.investopedia.com/articles/mutualfund/05/062705.asp

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