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Spider |
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Spider See: SPDRs Spider Also called a Standard & Poor's Depositary Receipt or a SPDR. An exchange-traded fund that tracks the Standard and Poor's 500. The organization issuing the SPDR owns each of the stocks traded on the S&P 500 in approximate ratio to their market capitalization. SPDR shares can be bought, sold, short-sold, traded on margin; they generally function as if they were stocks. Dividends are paid quarterly and are based on the accumulated dividends of all the stocks represented in the SPDR, less any expenses. Investors use SPDRs (and indeed all exchange-traded funds) as a way to easily diversify their portfolios at relatively low cost. Investors also see the demand for SPDRs as an indicator of which direction the market believes the S&P 500 is going. See also: Mid-Cap SPDR.
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ADR American Depositary Receipt ETF Exchange-Traded Fund SPDR SPDRs Spiders Standard & Poor's Depositary Receipt | The lightweight Boxster Spyder, says Porsche, is inspired by its 1950s Spyder 550 that weighed 550kg and cleaned up on the world's racing circuits, The Boxster's heavy, electric roof is replaced by a simple fabric manual one, the side windows are lower and the car gets a new sportier suspension. The German firm has trimmed the weight of its popular two-seater by 80kg in a new Spyder model to be unveiled at the Los Angeles Motor Show in December. AUDI rolled out the longawaited open-top version of its lightweight, mid-engine R8 Spyder when the company opened the doors on its new flagship showrooms in London. |
SPYDER |
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