The announcement that a tiny Tokyo-listed product will halt trading means every Russia-focused stock ETF in the world is now suspended or will be soon.
It’s unclear how long the Next Funds Russia RTS Linked ETF, issued by Nomura Holdings, will keep trading as investors, money managers and exchanges grapple with the fallout of the Ukraine war.
AlphaTrAI Funds Inc. intends to launch three ETFs to capture the difference in returns during the hours the U.S. market is open and those after regular trading ends.