How can you buy and sell Market Vectors ETF shares on the secondary market?
Shares of Market Vectors ETFs are listed on the NYSE. You can buy and sell Market Vectors ETF shares on the secondary market in the same way you buy and sell any other exchange-traded security—through a broker. In so doing, in most cases you will incur customary brokerage commissions and charges and may pay some or all of the spread between the bid and the offered price in the secondary market on each leg of a round trip (purchase and sale) transaction. Market Vectors ETF shares will trade at prices that may differ to varying degrees from the closing net asset values of the shares. Given, however, that shares can be created and redeemed daily in Creation Units by Authorized Participants, the advisor of Market Vectors ETFs, Van Eck Associates Corporation, believes that large discounts and premiums to net asset value are not likely to be sustained for very long.