Guest Post on ETF.com: Debunking ETF Liquidity Myths
By Ellie Lan
On Aug. 24, 2015, the Dow Jones industrial average saw its largest-ever intraday decline.
Major stocks, such as J.P. Morgan, KKR, Ford and General Electric, all experienced at least 20% price declines before recovering.
The disruption was short-lived, but while it lasted, a set of ETFs traded at large discounts to the underlying securities.