| econ. |
Standard & Poor's Depositary Receipt (сокр. SPDR -> "spiders": What is a Standard and Poor's Depositary Receipt?
Spider is a term which designates a group of Exchange-Traded Funds in which the Standard & Poor's Depositary Receipt is a part of. This Exchange-Traded Fund is controlled by the State Street Global Advisors and this group is solely responsible for tracking the Standard & Poor's 500 indexes (S&P 500). Each share of an SPDR contains a 10th of the S&P 500 index and trades at roughly a 10th of the dollar-value level of the S&P 500.
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