Americas ETP News
If your looking for specific news, using the search function will narrow down the results
CFTC.gov Commitments of Traders Reports Update
November 30, 2012--The current reports for the week of November 27, 2012 are now available.
view more
Source: CFTC.gov
AdvisorShares is Launching Four Gold ETFs With Minimal Dollar Exposure
November 30, 2012-- AdvisorShares, known for its line-up of actively-managed exchange-traded funds, is launching four new gold ETFs that will allow investors to play the yellow metal while at the time minimzing exposure to the U.S. dollar.
Gartman Gold/Yen ETF (GYEN): This actively-managed ETF will offer exposure to gold prices denominated in Japanese yen, offering a creative way to maintain exposure to gold without direct exposure to the dollar.
Gartman Gold/British Pound ETF (GGBP): This actively-managed ETF will offer exposure to gold prices denominated in British pounds.
Gartman Gold/Eu Euro ETF (GEUR): This actively-managed ETF will offer exposure to gold prices denominated in euros.
read more
Source: Barron's
U.S. House Democrat Barney Frank and Massachusetts Democrat Michael Capuano introduced a bill-would combine the SEC and CFTC
November 30, 2012--U.S. House Democrat Barney Frank and Massachusetts Democrat Michael Capuano introduced a bill that would combine the Securities and Exchange Commission and Commodity Futures Trading Commission.
Status: Referred to Committee
EPFR Global Fund Data News Release-US equity fund inflows best in more than a year
November 30, 2012--A burst of optimism about the likelihood of US lawmakers cobbling together some kind of budget deal before a raft of spending cuts and tax increases kick in, saw investor attention shift from the world's second largest economy, China, to the biggest.
During the fourth week of November EPFR Global-tracked US Equity Funds attracted over $10 billion in net inflows, their best showing in more than a year, as flows into China Equity Funds slipped to a seven week low.
This optimism also boosted appetite for riskier asset classes. Flows into Emerging Markets Equity Funds hit a 10 week high while both High Yield Bond and Alternative Funds snapped two week outflow streaks.
Overall, EPFR Global-tracked Equity Funds recorded inflows of $14.86 billion during the week ending Nov. 28 -- their second highest total year-to-date -- while Bond Funds took in a net $5.17 billion and Money Market Funds $5.87 billion.
Visit http://www.epfr.com/overview.aspx for more info
Source: EPFR
Bond Market Liquidity Risk a Primary Concern for US Fixed-Income Markets, Says TABB
New Models and Products Emerge as Electronic Trading Grows and Single-Name CDS Declines
November 30, 2012--Quantitative easing (QE), reduced trading revenues and bank regulations are colliding to reshape the US fixed-income markets, according to TABB Group in new research, "US Fixed Income Trends: State of the Industry 2012."
"The old business model of dealers holding bond inventory is dead," reports Henry Chien, a TABB research analyst who co-authored the report with contributing analyst Deepali Nigam. “New platforms and products in today’s credit bubble are driving new liquidity dynamics.”
read more
Source: TABB
Brazil adds to emerging market slowdown
November 30, 2012--Brazil's hopes of returning to the club of high-growth emerging markets were dealt a blow on Friday following the release of figures that showed the economy is on track for one of its slowest years in a decade.
Gross domestic product grew only 0.6 per cent in the third quarter over with the second – in spite of a prediction this week from Guido Mantega, finance minister, that it had expanded at twice this rate – setting Brazil on course for growth of just 1 per cent in 2012.
read more
Source: FT.com
CFTC's Division of Market Oversight Issues Time-Limited No-Action Relief Concerning Bespoke or Complex Swaps
November 30, 2012--The Commodity Futures Trading Commission's (CFTC) Division of Market Oversight (DMO) today announced the issuance of a time-limited no-action letter granting relief, for bespoke or complex swaps, from certain reporting obligations under Part 43 and Part 45 of the Commission's regulations.
For bespoke or complex swaps as defined therein, the no-action letter provides that DMO will not recommend an enforcement action against (1) a reporting party
view more
Source: CFTC.gov
CFTC's Division of Swap Dealer and Intermediary Oversight Issues No-Action for Family Offices
November 30, 2012--The Commodity Futures Trading Commission's (CFTC) Division of Swap Dealer and Intermediary Oversight (DSIO) today issued a no-action letter regarding family offices.
The letter states that DSIO will not recommend that the CFTC take enforcement action against the operators of family offices for failure to register as commodity pool operators under the Commodity Exchange Act and the CFTC’s regulations, subject to certain conditions described in the letter.
read more
Source: CFTC.gov
Tax surprise could hit bond ETF investors
Firms tout funds' tax efficiency, but is their word their bond?
November 30, 2012--With tax changes looming in Washington, investors sitting on market gains have been struggling to decide whether to pay now or risk higher rates later. But holders of some fixed-income exchange-traded funds may not fully control that decision
While exchange-traded funds have long been marketed for their tax benefits, this year a slew of bond funds from top providers including Vanguard Group, Pacific Investment Management Co. and iShares could oblige fund holders to pay capital gains taxes on a slice of their investments — even if they simply hold onto the funds.
view more
Source: MarketWatch
Market Vectors ETFS Offers Six Additional Exchange-Traded Funds To Qualified Investors In Mexico
November 29, 2012--Market Vectors ETFs, the fifth largest provider of exchange-traded products in the U.S. and the eighth largest provider of ETPs globally, announced today that it has added six NYSE Arca-traded ETFs to the growing list of depository receipts based on Market Vectors ETFs currently available to Qualified Investors in Mexico.
Deutsche Securities Casa de Bolsa in Mexico will act as local sponsor and filing agent for depositary receipts on the following ETFs:
Market Vectors High-Yield Municipal Index ETF (Ticker: HYD) Assets under management1: USD924.4 M 30-day average daily trading volume1,2: 259 thousand shares
Market Vectors Intermediate Municipal Index ETF (Ticker: ITM) Assets under management1: USD641.6 M 30-day average daily trading volume1,2: 185 thousand shares
Market Vectors Long Municipal Index ETF (Ticker: MLN) Assets under management1: USD106.6 M 30-day average daily trading volume1,2: 37 thousand shares
Market Vectors Morningstar Wide Moat Research ETF (Ticker: MOAT) Assets under management1: USD63.4 M 30-day average daily trading volume1,2: 39 thousand shares
view more
Source: Market Vectors
