PANEL: ETF TRADING IN THE NEW ERA OF T+1

William Coleman, CFA, is the Head of US ETF Capital Markets at Vanguard, responsible for the 86 listed ETFs ($2.5 trillion in AUM) in the United States. His team’s mission is to ensure investors have the best experience and achieve the lowest trading costs when buying and selling Vanguard ETFs. The ETF Capital Markets Team works with market participants, including Authorized Participants (APs), market makers, exchanges, and data providers to ensure liquidity and competitive pricing for Vanguard ETFs.

Prior to this role, Mr. Coleman was in the Equity Investment Group (EIG) for 14 years where he was most recently a Senior Portfolio Manager and Trader. In this role, he was responsible for multi-asset funds, equity syndicate, and was involved with the daily trading and portfolio management of Vanguard’s equity index funds. The Equity Investment Group is a global team of portfolio managers, traders, and analysts responsible for Vanguard’s equity index fund line-up with over $5 trillion in assets under management.

Mr. Coleman joined Vanguard in 2006 and was on the equity index desk from 2009 to 2023 before leading the ETF Capital Markets team. He holds a B.S. from King’s College, M.S. from Saint Joseph’s University, and an M.B.A. from The Wharton School at the University of Pennsylvania. He is a CFA charterholder and a member of the CFA Society of Philadelphia.