Americas ETP News
If your looking for specific news, using the search function will narrow down the results
Franklin Templeton Investments Expands Global ETF Team
February 24, 2016--Franklin Templeton Investments today announced two new hires for its global exchange traded funds (ETFs) team.
David Mann has joined as senior vice president, head of global ETFs capital markets, and will serve as the primary ETF liaison with all liquidity providers, including authorized participants, market makers and broker dealers, for both primary and secondary market ETF activities.
view more
Source: Franklin Templeton
Purpose Investments Expands Its Innovative Cash Product Family With Two New Funds
February 24, 2016--Purpose Investments Inc. is pleased to announce the launch of the Purpose US Cash ETF (TSX:PSU.U) (the "Fund") and the Purpose Premium Money Market Fund.
The initial public offering of the Fund's ETF units has closed and the ETF units will commence trading on the Toronto Stock Exchange today under the ticker symbol "PSU.U".
view more
Source: Purpose Investments Inc.
Investor Confidence Falls in February by 2.2 Points to 106.5
February 23, 2016--State Street Global Exchange today released the results of the State Street Investor Confidence Index® (ICI) for February 2016.
The Global ICI decreased to 106.5, down 2.2 points from January's revised reading of 108.7. The decline in sentiment was driven by a decrease in the European ICI from 103.4 to 90.2. In contrast, the Asian ICI increased by 9.2 points to 111.9 while the North American ICI rose from 108.9 to 109.3.
view more
Source: State Street Corporation
Bats Receives SEC Approval for Client Suspension Rule
Will Assist Bats Exchanges in Quickly Stopping Customers Engaging in Manipulative Behavior
February 23, 2016--Bats Global Markets (Bats) received Securities and Exchange Commission approval of the Bats Client Suspension Rule, assisting the company in taking swifter action to prohibit manipulative behavior, such as spoofing and layering, on the Bats Exchanges.
Tensions linger among Dems over financial adviser rule
February 23, 2016--Several House Democrats are airing their grievances with the Obama administration's attempt to crack down on the work of retirement investment advisers.
With the regulatory initiative nearing the finish line, some lawmakers continue to express deep reservations with the "fiduciary rule" that is intended to protect people from unscrupulous financial advisers.
view more
Source: The Hill
Cambria Launches Sovereign High Yield Bond ETF
New fund provides smart beta approach to global bonds
February 23, 2016--The Cambria ETF Trust and its investment manager, Cambria Investment Management, LP, today launched the Cambria Sovereign High Yield Bond ETF (Ticker: SOVB).
This is the firm's seventh fund in Cambria's suite of ETFs, as well as Cambria's first entry into fixed income.
SOVB, listed on the NYSE Arca exchange, applies the Cambria's core principles of value investing to fixed income by buying and holding attractively priced foreign government bonds with high yield characteristics.
view more
Source: Cambria Investment Management
ISE Mercury Completes Second Successful Product Rollout
February 23, 2016--The International Securities Exchange Holdings, Inc. (ISE Holdings) today announced that as part of its initial rollout process, ISE MercuryTM has completed a rollout of fifty additional options products.
ISE Mercury now lists 62 products for trading, following its successful launch on February 16, 2016.
view more
Source: International Securities Exchange Holdings, Inc. (ISE Holdings)
Bats Welcomes the Pacer Global High Dividend ETF
February 23, 2016--Bats Global Markets (Bats), the #1 U.S. market for the trading of exchange-traded funds (ETFs), today welcomed the Pacer Global High Dividend ETF (Bats: PGHD), which began trading today on The Bats ETF
Marketplace.
The Pacer Global High Dividend ETF seeks to track the total return
performance, before fees and expenses, of the Pacer Global Cash Cows Dividends 100 Index.
view more
Source: Bats Global Markets, Inc.
BlackRock Warns Bond Traders They're Underestimating the Fed
February 22, 2016--Koesterich says strengthening inflation may help prompt Fed
Traders see less than 50% chance of rate increase in 2016
BlackRock Inc., the world's biggest money manager, is warning bond investors they're not prepared for the Federal Reserve to raise interest rates.
view more
Source: Bloomberg
VanEck Announces Successful Reorganization of Two MLP ETFs
YMLI and YMLP begin trading today as VanEck ETFs, expanding the firm's ETF offerings into the MLP space
February 22, 2016--VanEck, Yorkville ETF Advisers, LLC, and Exchange Traded Concepts LLC have completed the previously announced reorganization of two master limited partnership (MLP) exchange-traded funds, it was announced today.
Yorkville High Income MLP ETF and Yorkville High Income Infrastructure MLP ETF have been reorganized as Market Vectors High Income MLP ETF (NYSE Arca: YMLP) and Market Vectors High Income Infrastructure MLP ETF (NYSE Arca: YMLI), respectively.
view more
Source: VanEck
