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Authorized Participant |
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Authorized Participant An entity chosen by an exchange-traded fund's sponsor to undertake the responsibility of obtaining the underlying assets needed to create an ETF. Authorized participants are typically large institutional organizations, such as market makers or specialists. Notes: The authorized participant plays a critical role in the construction of an ETF's creation units (large blocks of the ETF's underlying shares of equity or other assets). |
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The digital certificates issued by Identrus would certify that the Participant is an authorized Participant in the Identrus System and that the private key used by a Participant to digitally sign its certificates is uniquely associated with the Participant, thereby authenticating the identity of the Participant. The firm offers custody, accounting and administrative services, portfolio trading, ETF sales, specialized ETF research and serve as an Authorized Participant for all major ETFs. Alternatively, the Trust or any Authorized Participant will arrange to send you the prospectus if you request it by calling toll free at 1-866-320-4053 or contacting State Street Global Markets, LLC, One Lincoln Street, Attn: streetTRACKS(R), 30th Floor, Boston, MA 02111. |
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Authorized Participant