星星_品职助教 · 2020年11月27日
同学你好，
应该是creation basket。这个概念指的是“The list of securities(and share amounts) the authorized participant (AP) must deliver to the ETF manager in exchange for ETF shares. The creation basket is published each business day.”可以看出这个定义符合题干背景的那种情况。AP买的是一篮子股票，然后交付给ETF sponsor申购。
而creation unit有自己的定义：“Large blocks of ETF shares transacted between the authorized participant (AP) and the ETF manager that are usually but not always equal to 50,000 shares of the ETF”
biguo · 2020年11月27日
对啊，正因为AP给股票给issuer，所以他交付的是creation basket 收到的是creation unit ，所以应该是creation unit will be received吧？
