So, let's say there is a blue-chip index for an illiquid market, which consists of components that look liquid on small trades, but big trades (over 100.000美元）immediately distort the prices. Let's say you are establishing an index fund akaetf至少有2mAUM开始，还有一个可以从市场上购买的选择，最终会扭曲报价或“从手中购买” - 在单独的平台上的Nego Trade。这样，价格就不会与报价价格相同，要么便宜得多，要么贵得多，而价差为20-40％。
Any thoughts?
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