Dear Community, I am new to interactive brokers and getting familiar with the interface. Now, I want to make the next step and buy the VT ETF (Chapter 7 — How to buy an ETF on Interactive Brokers?). Due to the overwhelming choices I am a bit worried to choose the wrong ETF. When I type “VT” in the trade interface, “VT Vanguard TOT WORLD STK ETF - ARCA” appears as in the Figure 4 from MPs Interactive Brokers Epic Guide 2024 chapter 7.
I like to ask two things: 1) is this the correct ETF if I aim for the VT ETF and 2) What does ARCA mean?
Thank you for replies and sorry for this rather dull question.