Row 8742

Row ID: 8742 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 8742 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

I invest regularly and a lot into CSPX (which is BlackRock’s S&P500 ETF for Europe), it has $75b in AUM. I have no real worry about it (being BlackRock and given its size), but sometimes I look at the volume and I’m wondering how would I do if I’d want to get out.

Its average daily volume is about €4M (a far cry from IVV’s $2.5b daily volume). Now I know market makers can intervene and I know to always put a limit order, but sometimes the bid/ask spread is quite large and it can take some time for your order to fill.

Is there any real worry to have (what happens the day I want to liquidate €1M for example)?

Edit: after a comment I went to check, the volume I mention above is on Euronext, one exchange. CSPX trades on LSE as well, and it does almost $50M volume/day on there.

FieldValue
text I invest regularly and a lot into CSPX (which is BlackRock’s S&P500 ETF for Europe), it has $75b in AUM. I have no real worry about it (being BlackRock and given its size), but sometimes I look at the volume and I’m wondering how would I do if I’d want to get out. Its average daily volume is about €4M (a far cry from IVV’s $2.5b daily volume). Now I know market makers can intervene and I know to always put a limit order, but sometimes the bid/ask spread is quite large and it can take some time…
label r/investing
dataType post
communityName r/investing
datetime 2024-05-19
username_encoded Z0FBQUFBQm5Lakw0M2htRmV6ZmozQktGTzRVUkthSWtjUGJEZ0g5cmMxWndPWlBjTEFoaXBkSVF3dVNGcWRVZ3Fvc3Q1VHgtQ0djN2sydkhmVWJ3TXB5ZmZOMU4teVRhdWc9PQ==
url_encoded Z0FBQUFBQm5Lak9IbzFSVW8yZ0IzcEJxRzRDemRnME5UNHhwOFk0UWlZelhleHVIcUlKUmJmcUNWOG9OTDlSeENJR1BaeFZwRnppZmMtNmk2eDYwaVhGTmNPa3NyT1FBdjZYQk0wOW8wbDljOUpYVFVyRE90U2cyVkZRMWsxQWMyUjkxeTdfT2Znc2p5b05UZUFYeVIteHBieFB3THBYaU56dDlTN3Z6SE9ZUngtR25KUlRJU3EyTkVsS1JROE9KRTJNVjcyMXJQZUpa

Raw Record

{
  "text": "I invest regularly and a lot into CSPX (which is BlackRock’s S&P500 ETF for Europe), it has $75b in AUM. I have no real worry about it (being BlackRock and given its size), but sometimes I look at the volume and I’m wondering how would I do if I’d want to get out. \n\nIts average daily volume is about €4M (a far cry from IVV’s $2.5b daily volume). Now I know market makers can intervene and I know to always put a limit order, but sometimes the bid/ask spread is quite large and it can take some time for your order to fill. \n\nIs there any real worry to have (what happens the day I want to liquidate €1M for example)?\n\nEdit: after a comment I went to check, the volume I mention above is on Euronext, one exchange. CSPX trades on LSE as well, and it does almost $50M volume/day on there.  ",
  "label": "r/investing",
  "dataType": "post",
  "communityName": "r/investing",
  "datetime": "2024-05-19",
  "username_encoded": "Z0FBQUFBQm5Lakw0M2htRmV6ZmozQktGTzRVUkthSWtjUGJEZ0g5cmMxWndPWlBjTEFoaXBkSVF3dVNGcWRVZ3Fvc3Q1VHgtQ0djN2sydkhmVWJ3TXB5ZmZOMU4teVRhdWc9PQ==",
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}

Entry Information