In a recent interview, Snyder shed light on the complexities of trading new products. He emphasized that the actual impact of a new product being available for trade is not immediately visible. Instead, it typically takes around 90 days, or a quarter, to truly understand what the new product looks like in the market.

Furthermore, Snyder pointed out that just because a product is available to trade, it doesn’t mean that every adviser in America can buy it. The process is not as straightforward as it may seem. There are numerous compliance requirements that need to be met before advisers can add the tickers of the new product. These tickers are not added by default, adding another layer of complexity to the process.

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Geography	North America
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