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Standard & Poor's Announces Changes In The S&P/TSX Venture Composite Index
July 11, 2011--Standard & Poor's will make the following changes in the S&P/TSX Venture Composite Index after the close of trading on Monday, July 11, 2011:
Western Potash Corp. (TSXVN:WPX) will be removed from the index.
The company will graduate to trade on TSX under the same ticker symbol. Western Potash will remain a constituent of the S&P/TSX Venture 30 Index until the next index rebalancing in the end of July, 2011.
Company additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the company.
Source: Standard & Poor's
ISE Announces 1 Million Contracts Traded on Optimise
July 8, 2011--The International Securities Exchange (ISE) announced that it reached a new milestone when over one million contracts traded in a single day on its new options trading system based on Deutsche Börse Group’s OptimiseTM trading architecture. On July 7, 2011, 1.2 million options contracts traded on Optimise out of ISE’s total daily volume of 3.4 million contracts.
“Reaching this important milestone is a reflection of the diligent efforts of the cross-Atlantic technology teams who are working on this project,” said Gary Katz, President and Chief Executive Officer of ISE. “They have worked hard throughout our phased migration to make it as smooth as possible for our member firms, and we look forward to delivering the full benefits of the new system once the rollout is complete.”
After an initial launch of ten options on April 11, 2011, ISE has carried out a phased migration from its predecessor platform to Optimise. Currently, 2,139 options products have been moved to the new system, with the rollout targeted for completion by the end of July 2011.
To learn more about Optimise, visit www.ise.com/optimise.
Source: International Securities Exchange (ISE)
PowerShares files with the SEC
July 8, 2011--PowerShares has filed a post-effective amendment, registration statement with the SEC for the PowerShares CSI Fundamental Greater China Portfolio.
view filing
Source: SEC.gov
Morgan Stanley-Preliminary 2Q 2011 ETF Net Cash Flows
July 8, 2011--We estimate that net cash inflows into US-listed ETFs were $29.2 billion during the second quarter of 2011. This report contains our estimates
and analysis of 2Q 2011 ETF flows for the US market. Once official data are released, we will publish our more comprehensive flow analysis.
Net inflows into US-listed ETFs were $29.2 billion during the second quarter of 2011. The $29.2 billion
in net cash inflows is below the average quarterly rate of $31.5 billion over the past five years. Total USlisted
ETF assets are now over $1 trillion, which represents an increase of roughly 10% year to date.
The largest net cash inflows went into ETFs tracking fixed income indices. This asset class had net cash inflows of $10.6 billion in 2Q 2011. US Large Cap Equity ETFs had the next highest net cash inflows at $3.8 billion. Commodity ETFs had the largest net cash outflows this past quarter at $3.3 billion.
Vanguard exhibited cash inflows of $10.4 billion in 2Q 2011, the largest of any provider. BlackRock posted the second highest net cash inflows at $7.5 billion. As of 7/5/11, BlackRock, State Street Global Advisors and Vanguard accounted for 79% of ETF assets. United States Commodity Funds had the largest net cash outflows of $0.9 billion in the second quarter.
There were 90 new ETFs launched in the US during 2Q 2011. In the first half of the year, there have already been 153 ETFs launched. As of 7/5/11, there were 34 issuers with 1,120 ETFs listed in the US.
Over $11 billion in the total market cap of ETFs is from ETFs issued over the past year. The most successful of these (by total market cap) track US large-cap equities and MLPs. Recent fixed income ETF launches have also gained traction.
request report
Source: Morgan Stanley
PowerShares files with the SEC
July 8, 2011--PowerShares has filed a post-effective amendment, registration statement with the SEC for the PowerShares Asia Pacific Bond Portfolio.
view filing
Source: SEC.gov
State Street files with the SEC
July 8, 2011--State Street has filed a post-effective amendment, registration statement with the SEC for the SPDR® Barclays Capital Global Convertible Securities ETF (GCWB).
view filing
Source: SEC.gov
Schwab U.S. Aggregate Bond ETF
July 8, 2011--Schwab has filed a post-effective amendment, registration statement with the SEC for the Schwab U.S. Aggregate Bond ETF.
view filing
Source: SEC.gov
Standard & Poor's Announces Changes In The S&P/TSX Canadian Indices
July 8, 2011--Standard & Poor's Canadian Index Operations announces the following index changes:
On May 5, 2011, the unitholders of Canexus Income Fund approved the conversion of the company to a corporate structure. Effective after the close on Tuesday, July 12, 2011, the company will trade under the new name Canexus Corporation and the new ticker symbol "CUS".
At the same time, Canexus Income Fund will be removed from the S&P/TSX Income Trust Index and added to the S&P/TSX Equity, Capped Equity and Equity Completion indices.
Company additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the company.
Source: Standard & Poor's
CFTC.gov Commitments of Traders Reports Update
July 8, 2011--The current reports for the week of July 5, 2011 are now available
view updates
Source: CFTC.gov
Standard & Poor's Announces Review Of S&P/TSX Preferred Share Index
July 8, 2011--Standard & Poor's Canadian Index Operations announces the following index changes as a result of the quarterly S&P/TSX Preferred Share Index Review. These changes will be effective at the open on Monday, July 18, 2011:
| ADDITIONS | ||
| Symbol | Issue Name | CUSIP |
| BCE.PR.B | BCE Inc. 1st Preferred Series 'AB' | 05534B 69 5 |
| SJR.PR.A | Shaw Communications Inc. Class 2 Preferred Series 'A' | 82028K 87 9 |
| DELETIONS | |||
| Symbol | Issue Name | CUSIP | |
| BCE.PR.Y | BCE Inc. 1st Preferred Series 'Y' | 05534B 85 1 | |
| BPO.PR.I | Brookfield Office Properties Inc. Class AAA Pref. Series 'I' | 112900 88 1 | |
| DC.PR.B | Dundee Corporation 5-Year Reset Series 2 Preferred | 264901 70 3 | |
| EMA.PR.A | Emera Inc. Preferred Series 'A' | 290876 30 9 | |
| GWO.PR.F | Great-West Lifeco Inc. Preferred Series 'F' | 39138C 80 9 | |
| IAG.PR.F | Industrial Alliance Ins. & Fin. Services Inc. 5.90% Pref. 'F' | 455871 50 9 | |
| L.PR.A | Loblaw Companies Limited 2nd Preferred Series 'A' | 539481 60 6 | |
| TCL.PR.D | Transcontinental Inc. 1st Preferred Series 'D' | 893578 30 2 | |
| WN.PR.D | Weston Ltd. George 5.20% Preferred Series 'IV' | 961148 85 5 | |
Company additions to and deletions from an S&P index do not in any way reflect an opinion on the investment merits of the company
Source: Standard & Poor's
