#NasdaqETFUpdate #Tradersleague
Here's an update on Nasdaq EFT:
*Eaton Vance Floating Rate Income Trust (EFT) Overview*
- EFT is a closed-end fund that invests in floating-rate debt securities.
- The fund aims to provide a high level of current income, consistent with preservation of capital ¹.
*Real-Time Quotes and Trading Information*
- Real-time quotes for EFT are available on (link unavailable), with data delayed by at least 15 minutes.
- Investors can trade EFT during pre-market hours (4:00-9:30 a.m. ET) and after-hours (4:00-8:00 p.m. ET).
- Participation from market makers and ECNs is voluntary, which may result in lower liquidity and inferior prices ¹ ².
*Important Trading Considerations*
- *Bid-Ask Spread*: The difference between the bid and ask prices, which can impact trading costs.
- *Limit Orders*: Recommended for trading during pre-market and after-hours sessions to optimize prices and ensure successful order execution.
- *Market Data*: Real-time bid and ask information is powered by Nasdaq Basic, available via Nasdaq Data Link APIs ³ ⁴.
*Disclaimer*: Nasdaq indices and major indices are delayed by at least 1 minute ² ³.