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Claymore files with the SEC
June 1, 2010--Claymore has filed a post-effective amendement, registration statement with the SEC for
Claymore Shipping ETF
NYSE Arca Ticker Symbol: SEA
Total annual Fund operating expenses: 0.65%
read more
Source: SEC.gov
Options trading reaches record volumes
June 1, 2010--Options trading volumes in the US soared to a record last month as market volatility and the “flash crash” added to secular growth in the industry.
Nearly 406m listed options contracts were traded in May, according to figures released on Tuesday by the Options Clearing Corporation, up 29 per cent from May 2009.
The OCC, which clears for all eight US options trading venues, also noted that three of the industry’s five highest-volume days occurred last month.
May 6 – the day of the “flash crash”, when US markets plunged and rebounded sharply within 20 minutes – was the options industry’s highest-volume day on record, with about 31m contracts changing hands.
read more
Source: FT.com
Additional shares issued for ETF Securities Platinum and Palladium Exchange traded funds (ETFs)
- ETFS Physical Platinum Shares (Ticker: PPLT)
June 1, 2010-- ETFS Physical Palladium Shares (Ticker: PALL)
ETF Securities announces that it will issue additional shares in PPLT and PALL:
-- Additional Shares in PPLT: The number of shares registered for PPLT will increase from 4.78m to 11.22m effective (May 26, 2010)
-- Additional Shares in PALL: The number of shares registered for PALL will increase from 12.88m to 18.8m effective (May 26, 2010)
-- Assets under Management: Total assets for PPLT and PALL now equal $871M with total assets across all four physically-backed products now exceeding $1.5 billion as of May 27, 2010.
ETFS Platinum Trust (PPLT) and ETFS Palladium Trust (PALL)
The objective of the ETFS Platinum Trust's (PPLT) shares reflect the performance of the price of Platinum, less the Trust's expenses. The Trust is open ended and is designed for investors who want a cost-effective (1) and convenient (2) way to invest in Platinum as well as diversify their precious metal holdings. Both products have an expense ratio of 0.60% per annum. (3) The objective of the ETFS Palladium Trust's (PALL) shares reflect the performance of the price of Palladium, less the Trust's expenses. The Trust is open ended and is designed for investors who want a cost-effective (1) and convenient (2) way to invest in Palladium as well as diversify their precious metal holdings.
ETFS Platinum Trust (PPLT) and ETFS Palladium Trust (PALL) are both backed by Platinum and Palladium allocated bullion in plate and ingot form stored in secure vaults in London & Switzerland by the Custodian, JPMorgan Chase Bank, N.A, one of the world's leading Custodians for precious metals. The Shares represent an interest in physical platinum and palladium bullion owned by the Trust. The physical platinum and palladium allocated bullion of the Trust is subject to minimal counterparty or credit risks, which contrasts with other offerings that achieve bullion exposure through the use of derivatives.
Source: ETF Securities
ISE Reports Monthly Volume for May 2010
June 1, 2010--The International Securities Exchange (ISE) today reported average daily
volume of 4.0 million contracts in May 2010.
Average daily trading volume for all options contracts decreased 10.6% to 4.0 million contracts in May as
compared to 4.4 million contracts during the same period in 2009.
Total options volume for the month
decreased 10.6% to 79.2 million contracts from 88.6 million contracts in the same year-ago period.
On a year-to-date basis, average daily trading volume of all options decreased 17.0% to 3.4 million contracts traded. Total year-to-date options volume through May 2010 decreased 17.0% to 347.6 million contracts from 418.9 million contracts in the same period last year.
read more
Source: The International Securities Exchange (ISE)
CFTC.gov Commitments of Traders Reports Update
May 28, 2010--The current reports for the week of May 25, 2010 are now available.
view updates
Source: CFTC.gov
EGA Emerging Global Shares Trust files with SEC
May 28, 2010--EGA Emerging Global Shares Trust has filed a post-effective amendment, registration statement with the SEC for the following
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Cusip
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NYSE
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Emerging Global Shares Dow Jones Emerging Markets Titans Composite Index Fund
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268461100
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EEG
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Emerging Global Shares Dow Jones Emerging Markets Basic Materials Titans Index Fund
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268461209
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EBM
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Emerging Global Shares Dow Jones Emerging Markets Metals & Mining Titans Index Fund
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268461852
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EMT
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Emerging Global Shares Dow Jones Emerging Markets Consumer Goods Titans Index Fund
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268461308
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ECG
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Emerging Global Shares Dow Jones Emerging Markets Consumer Services Titans Index Fund
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268461407
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ECN
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Emerging Global Shares Dow Jones Emerging Markets Consumer Titans Index Fund
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268461779
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ECON
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Emerging Global Shares Dow Jones Emerging Markets Energy Titans Index Fund
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268461860
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EEO
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Emerging Global Shares Dow Jones Emerging Markets Financials Titans Index Fund
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268461506
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EFN
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Emerging Global Shares Dow Jones Emerging Markets Health Care Titans Index Fund
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268461605
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EHK
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Emerging Global Shares Dow Jones Emerging Markets Industrials Titans Index Fund
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268461704
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EID
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Emerging Global Shares Dow Jones Emerging Markets Technology Titans Index Fund
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268461803
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ETX
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Emerging Global Shares Dow Jones Emerging Markets Telecom Titans Index Fund
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268461886
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ETS
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Emerging Global Shares Dow Jones Emerging Markets Utilities Titans Index Fund
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268461878
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EUT
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view filing
Source: SEC.gov
NYSE Euronext U.S. Options Markets to Trade Options on Volatility Index (VIX) Notes and Other Index Linked Securities. -Options on 9 ETNs, Including iPATH VXX and VXZ S&P Futures ETNs Began Trading Today
Options on 9 ETNs, Including iPATH VXX and VXZ S&P Futures ETNs Began Trading Today
May 28, 2010--NYSE Euronext today announced that trading of options on Index Linked Securities, also known as Exchange Traded Notes (ETNs), including options on the actively traded iPATH S&P 500 VIX Short-Term Futures ETN (VXX) and iPATH S&P 500 VIX Mid-Term Futures ETN (VXZ) are now available on both its NYSE Arca and NYSE Amex options platforms.
The products, which have primary listings on NYSE Arca’s equity exchange, began trading today, Friday, May 28, 2010 on both of NYSE Euronext’s U.S. options exchanges.
In addition to options on the two iPath VIX Futures ETNs, NYSE Amex is also listing options on the iPath Goldman Sachs Crude Oil Total Return Index ETN (OIL) and NYSE Arca will be trading options in 6 other ETNs. ETNs underlying options to be traded on Friday and the listing market are:
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Product Name |
Options Available on: |
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iPATH S&P 500 VIX Short-Term Futures ETN (NYSE Arca: VXX) |
NYSE Amex/NYSE Arca |
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iPATH S&P 500 VIX Mid-Term Futures ETN (NYSE Arca: VXZ) |
NYSE Amex/NYSE Arca |
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iPath Goldman Sachs Crude Oil Total Return Index ETN (NYSE Arca: OIL) |
NYSE Amex |
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JPMorgan Alerian MLP Index ETN (NYSE Arca: AMJ) |
NYSE Arca |
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iPath Dow Jones - UBS Natural Gas Total Return Sub-Index ETN (NYSE Arca: GAZ) |
NYSE Arca |
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iPath Dow Jones - UBS Copper Total Return Sub-Index ETN (NYSE Arca: JJC) |
NYSE Arca |
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Credit Suisse Cushing 30 MLP Index ETN (NYSE Arca: MLPN) |
NYSE Arca |
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ELEMENTS Linked to the |
NYSE Arca |
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ELEMENTS Linked to the |
NYSE Arca |
NYSE Euronext's U.S. options exchanges, NYSE Arca and NYSE Amex utilize state-of-the-art open outcry trading facilities with an advanced electronic trading platform capable of processing 400,000 orders and 3,500,000 quotes per second with 2 millisecond acknowledgment (ACK) times.
Source: NYSE Euronext
SEC Announces Agenda and Panelists for Market Structure Roundtable
May 28, 2010--The Securities and Exchange Commission today announced the agenda and panelists for its June 2 public roundtable to examine securities market structure issues.
The roundtable will feature in-depth discussions of key market structure issues, including high-frequency trading, undisplayed liquidity and the appropriate metrics for evaluating market structure performance. Panelists include representatives of retail and institutional investors, issuers, exchanges, alternative trading systems, financial services firms, high frequency traders, and the academic community.
"The roundtable is part of an ongoing Commission effort we initiated last summer to review the structure of our markets and ensure that they are fair, transparent and efficient," said SEC Chairman Mary L. Schapiro, who announced the roundtable last month.
The Commission already has proposed rules that would:
Establish a consolidated audit trail system to help regulators keep pace with new technology and trading patterns in the markets. Generally require that information about an investor's interest in buying or selling a stock be made available to the public, instead of just to a select group operating with a dark pool. Effectively prohibit broker-dealers from providing their customers with unfiltered access to exchanges and alternative trading systems and ensure that broker-dealers implement appropriate risk controls. Create a large trader reporting system to enhance the Commission's ability to identify large market participants, collect information on their trades, and analyze their trading activity. The Commission in January also issued a concept release to solicit public comment on a wide variety of market structure topics. The release and comments received are available at http://www.sec.gov/rules/ concept.shtml.
The June 2 roundtable will be held at 9:30 a.m. in the auditorium at the SEC headquarters at 100 F Street N.E., Washington, D.C. The public is invited to observe the discussion, and seating will be available on a first-come, first-served basis. Reasonable accommodations for persons with disabilities attending this event in person can be arranged by submitting a request to DisabilityProgramOfficer@SEC.gov at least three business days prior to the event. The event will be webcast live at www.sec.gov and will be archived for later viewing.
The Commission will accept public comments about issues being addressed at the roundtable until June 23, 2010. Submit comments
For additional information about the roundtable, contact the SEC's Division of Trading and Markets at (202) 551-5676.
Source: SEC.gov
ETF Securities Approved to Sell More Platinum, Palladium Shares
May 28, 2010--ETF Securities Ltd. has received government approval to double the number of shares offered in its exchange-traded products backed by holdings of platinum and palladium.
The U.S. Securities and Exchange Commission on May 26 approved the company’s request to increase the platinum product’s share offering by 6.44 million to 11.22 million, according to government filings. The palladium product was approved to offer an additional 5.92 million shares, creating a total of 18.8 million, according to a separate filing.
“We’ve seen strong demand because we are unique in the U.S. market,” said William Rhind, the strategic director of business development in the U.S. for ETF Securities. “If anyone wants to invest in platinum or palladium, this is a way for the investors to access the underyling market.”
read more
Source: Business Week
Alps files with SEC
May 28, 2010--Alps has filed a registration statement with the SEC for
NYSE Arca U.S. Equity Synthetic Reverse Convertible Index Fund - RVCT
Investment Objective
The NYSE Arca U.S. Equity Synthetic Reverse Convertible Index Fund (the “Fund”) seeks investment results that correspond generally to the performance, before the Fund’s fees and expenses, of an index called the NYSE Arca U.S. Equity Synthetic Reverse Convertible Index (the “Index”).
Total annual Fund operating expenses:0.95%.
view filing
Source: SEC.gov
