Even SPY’s Trading Was Strained as Markets Convulsed This Week
SPY is considered the liquidity vehicle of last resort
SPDR S&P 500 ETF (SPY) signage on the floor at the New York Stock Exchange (NYSE) in New York, US.
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
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Something amazing happened this week: even SPY got stressed out.