RT Journal Article SR Electronic T1 Innovations in ETPs: A Comparative Analysis of the U.S. and European Markets JF The Journal of Index Investing FD Institutional Investor Journals SP 89 OP 101 DO 10.3905/jii.2013.4.3.089 VO 4 IS 3 A1 N. Kannan A1 Mahendra Rathore A1 Anu Bhayana YR 2013 UL https://pm-research.com/content/4/3/89.abstract AB In this article, we provide a chronology of the evolution of exchange-traded products (ETPs), from simple beta products that track equity benchmarks to alpha products based on different asset classes operating at the discretion of a fund manager. We discuss the market conditions that led to their introduction and rapid rise in popularity. We compare new product developments witnessed in the U.S. and Europe in all major asset classes including equity, debt, commodities, and currency. We determine the origin of innovations (region wise–the U.S. or Europe) to identify the market leader in various asset classes.TOPICS: Exchange-traded funds and applications, developed, financial crises and financial market history