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ETF Firms Tackle Wall Street on Ways to Prevent Another Aug. 24

  • Avoiding disruptions on wild days said to be focus of talks
  • Exchanges, market makers part of effort to improve trading

The world’s largest issuers of exchange-traded funds are holding talks with stock exchanges and market-makers to avoid a repeat of the issues that plagued ETFs during Aug. 24’s market turmoil, according to five people with direct knowledge of the matter.

BlackRock Inc., Vanguard Group Inc. and State Street Corp., which between them manage close to $2 trillion in ETF assets, are among the money managers that have in recent weeks held discussions, according to the people.