An ETF is a type of fund which owns the underlying assets (shares of stock, bonds, oil futures, gold bars, foreign currency, etc.) and divides

The rate at which one currency will be exchanged for another. It is also regarded as the value of one country’s currency in terms of

The way an authority manages its currency in relation to other currencies and the foreign exchange market. (source: http://en.wikipedia.org/wiki/Exchange-rate_regime)

An exchange-traded fund (ETF) is an investment fund traded on stock exchanges, much like stocks. An ETF holds assets such as stocks, commodities, or bonds,

Stock (shares) that represents ownership of a firm. Equity securities usually provide steady income as dividends but may fluctuate significantly in their market value with

Moving or leading towards a lower point or level. (fuente: wordreference.com)

A stock market or exchange where securities are continuously priced and traded in an auction format when the market is open. (source: http://etf.about.com/od/etfglossary/g/Continuous_Mark.htm)

The market for long-term funds where securities such as common stock, preferred stock, and bonds are traded. Both the primary market for new issues and