{"url":"https://etfiq.com/funds/sali/trading/","section":"funds","title":"SALI Bid-Ask Spread, Liquidity and NAV Premium | ETFIQ","description":"SALI trading costs and liquidity: spread, premium to NAV, capacity and dealers, from ETFIQ. Spread, premium to NAV, capacity and dealers, dated.","as_of":"Nov 12, 2026","structured_data":[{"@type":"Dataset","@id":"https://etfiq.com/funds/sali/trading/#data","name":"SALI trading costs and liquidity","description":"SALI trading costs and liquidity: spread, premium to NAV, capacity and dealers, from ETFIQ. Spread, premium to NAV, capacity and dealers, dated.","url":"https://etfiq.com/funds/sali/trading/","dateModified":"2026-11-12","creator":{"@id":"https://etfiq.com/#org"},"license":"https://etfiq.com/license/","isAccessibleForFree":true,"creditText":"ETFIQ (etfiq.com)","variableMeasured":["30-day median bid-ask spread","Premium or discount to NAV","Capacity","Active authorized participants","IQ Liquidity Score","Cost to trade by order size"],"distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/trading-score.json"}],"publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published"},{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Who is the LMM for SALI?","acceptedAnswer":{"@type":"Answer","text":"SALI\u2019s lead market maker (LMM) on NYSE Arca is RBC Capital Markets, LLC. Lead market maker per NYSE Arca, as of Nov 9, 2026."}}]},{"@type":"InvestmentFund","@id":"https://etfiq.com/funds/sali#fund","name":"Schroders US Autocallable Ladder Income ETF","alternateName":"SALI","url":"https://etfiq.com/funds/sali","identifier":[{"@type":"PropertyValue","propertyID":"tickerSymbol","value":"SALI"}],"mainEntityOfPage":{"@id":"https://etfiq.com/funds/sali#webpage"}},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"SALI","item":"https://etfiq.com/funds/sali"},{"@type":"ListItem","position":3,"name":"Trading","item":"https://etfiq.com/funds/sali/trading/"}]},{"@type":"WebPage","name":"SALI Bid-Ask Spread, Liquidity and NAV Premium","description":"SALI trading costs and liquidity: spread, premium to NAV, capacity and dealers, from ETFIQ. Spread, premium to NAV, capacity and dealers, dated.","url":"https://etfiq.com/funds/sali/trading/","dateModified":"2026-11-12","isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".lede",".faq"]},"publisher":{"@id":"https://etfiq.com/#org"}}],"characters":2636,"truncated":false,"content":"ETFIQ / SALI / Trading \n \n As of Nov 12, 2026. Rebuilt every trading night.\n SALI bid-ask spread and liquidity\n As of Nov 12, 2026, SALI is too new to score: ETFIQ reads 0 of its 6 trading measures.\n IQ Liquidity Score\n Too new to score, 0 of 6 measured.\n A fixed 0 to 100 scale of trading conditions, the same anchors for every fund; 100 is the easiest to trade. It measures how cheaply and reliably the fund can be bought and sold, not whether to own it. How the score is built \n Cost to trade Not measured: the issuer's 30-day median spread is not read for this fund Capacity Not measured: no book of its holdings is read Price fidelity Not measured: no closing premium is held for this fund Primary market Not measured: it first traded on 2026-09-15, and no N-CEN ETF row for series S000106575 is in the quarters read (2024q4 to 2026q3) Bad-day behaviour Not measured: no daily closing premium is held for this fund Depth Not measured: needs trade and quote data (Phase 2) \n Capacity\n Not measured: no book of its holdings is read.\n How to trade SALI\n When ETF spreads are usually widest in the first minutes after the open and the last minutes before the close. ETFIQ measures this fund\u2019s own day once it has trade data. Coming with trade data\n Spread through the day, buyers against sellers, an estimate of retail flow, large trades and the closing auction\u2019s share, each once ETFIQ has trade and quote data.\n Questions people ask\n Who is the LMM for SALI? SALI\u2019s lead market maker (LMM) on NYSE Arca is RBC Capital Markets, LLC. Lead market maker per NYSE Arca, as of Nov 9, 2026. Sources and dates\n Where to next\n SALI fund page ETF trading costs and liquidity Limit orders vs market orders for ETFs Why low volume does not mean illiquid How the IQ Liquidity Score is built Compare SALI with another fund The score measures trading conditions, not the fund. ETFIQ is an independent publisher, not an adviser, and makes no recommendations. Standards and sources \n Cite this page. ETFIQ, SALI trading: cost, capacity, premium and dealers, data as of Nov 12, 2026. https://etfiq.com/funds/sali/trading/ Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data .\n Other forms Plain ETFIQ, SALI trading: cost, capacity, premium and dealers, data as of Nov 12, 2026. https://etfiq.com/funds/sali/trading/ APA ETFIQ. (Nov 12, 2026). SALI trading: cost, capacity, premium and dealers. Retrieved from https://etfiq.com/funds/sali/trading/ Markdown [SALI trading: cost, capacity, premium and dealers (ETFIQ, Nov 12, 2026)](https://etfiq.com/funds/sali/trading/)","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, SALI trading: cost, capacity, premium and dealers, data as of Nov 12, 2026. https://etfiq.com/funds/sali/trading/"}