Europe ETP News Older Than 1 year-If your looking for specific news, using the search function will narrow down the results
European ETF sec lending revenue hit 40 EURO million in 2011
August 31, 2012--A survey has found that approximately €40 million in net revenue was generated from securities lending in European physical replication exchange traded funds (ETFs) last year.
Information and data provider Morningstar’s survey of 10 European providers of physical replication ETFs comes after the European Securities and Markets Authority (ESMA) released controversial guidelines on ETFs and other UCITS issues that affect securities lending in July.
The guidelines were developed following a review of the current regulatory regime in Europe. ESMA found it to be “insufficient to address the specific features and risks associated with” index-tracking UCITS and UCITS ETFs and the efficient portfolio management techniques, such as securities lending, repo and reverse repo, that they may carry out.
read more
Source: Securities Lending Times
STOXX-Annual Blue-chip Review Q3/2012
Regular Annual Review to be effective on September 24, 2012
August 31, 2012--STOXX Limited, the market-moving provider of innovative, tradable and global index concepts, today announced the results of the regular annual review of the STOXX Blue-Chip Indices, among them the STOXX Europe 50, EURO STOXX 50, STOXX Nordic 30 and STOXX EU Enlarged
15 indices;
as well as the results of the second semi-annual review of the STOXX Eastern Europe 50 Index.
All changes will be effective with the open of European markets on September 24, 2012.
No changes will be made to the STOXX Europe 50, EURO STOXX 50 and STOXX Nordic 30 indices.
read more
Source: STOXX
Brussels pushes for wide ECB powers
August 31, 2012--The European Central Bank would be given sweeping authority over all 6,000 eurozone banks under a plan being drawn up by the European Commission, putting Brussels on a collision course with Germany and the ECB itself, which have urged a more decentralised first step towards "banking union".
The plan, agreed at a meeting this week between top aides to José Manuel Barroso, commission president, and Michel Barnier, the EU's senior financial regulator, would strip existing national supervisors of almost all authority to shut down or restructure their countries' failing banks, giving those powers to Frankfurt.
read more
Source: ECB
Economic sentiment declines further in both the EU and the euro area
August 30, 2012--In August the Economic Sentiment Indicator (ESI) decreased markedly by 2.0 points in the EU, to 87.0, and by 1.8 points in the euro area, to 86.1.
In both areas, the loss in confidence was particularly strong among consumers, retail trade and construction managers. In the services sector the loss in confidence was marked in the euro area but more contained in the EU as a whole. On the contrary, while confidence in industry decreased in the EU, it remained broadly stable in the euro area.
read more
Source: European Commission
LGIM Commodity ETF passes US$150MM
August 30, 2012--Legal & General Investment Management (LGIM) and Source are pleased to announce that the LGIM Commodity Composite Source ETF (Bloomberg code: LGCU LN Equity) has raised US$150 million in AUM since launch in January 2012 while the majority of providers have seen outflows in broad commodity ETFs in Europe, according to Bloomberg.
The LGIM® Commodity Composite IndexTM (Bloomberg code: TGPLGCC), which is the benchmark for the Source ETF, is designed to represent the collective performance of a wide range of commodities by providing an investible benchmark consisting of selected indices from leading global index providers. LGIM uses an in‐depth quantitative and qualitative screening process to select ‘best‐ofbreed’ commodity indices that combined deliver high‐quality, dynamic and cost‐efficient exposure to the broad commodities market.
read more
Source: Source
A Hood for heights
August 30, 2012--It isn't every day that you can see the chief executive of a fund management company doing a Spider-Man impression at the top of Europe's highest building.
But anyone who happens to be passing the Shard today (Monday September 3rd) at 6pm will be treated to the sight of Ted Hood, chief executive of Source, abseiling from the very pinnacle of the building to raise money for the Outward Bound Trust, an educational charity.
read more
Source: FT.com
August 30, 2012--ESMA STATEMENT-Short Selling Regulation Update: Market Maker & Primary Dealer Exemption Notification Procedure
August 30, 2012--ESMA publishes notice to alert financial market participants to its upcoming consultation on the market making and authorised primary dealer exemption under the EU's Short Selling Regulation and the procedure to
be followed by firms and regulators in dealing with notifications of intention to use the exemption.
DB-Equity Derivatives and Quantitative Strategy Research-Europe
August 29, 2012--Please find attached the most recent issue of the Weekly European ETF Market Monitor.
The report includes key statistics on the European ETF market as well as global ETF market highlights. For more detailed coverage please refer to our monthly report, issued in the first week following the end of each month.
The following link will be available for 90 days. For more information, please click on the link for the full PDF. If you have any trouble viewing the link, copy and paste the link in a browser.
http://pull.db-gmresearch.com/p/549-8879/66255849/Weekly_European_ETF_Market_Monitor.pdf
Source: Christos Costandinides, European Head of ETF Research & Strategy, Deutsche Bank
STOXX Changes Composition Of Benchmark Indices -Results Of The Third Regular Quarterly Review To Be Effective On September 24, 2012
Results of the Third Regular Quarterly Review to be Effective on September 24, 2012
August 28, 2012--STOXX Limited, the market-moving provider of innovative, tradable and global
index concepts, today announced the new composition of the STOXX Benchmark and their sub-and sector indices, among them the STOXX Europe 600 Index, STOXX North America 600 Index and STOXX
Asia/Pacific 600 Index.
Effective as of the open of European markets on September 24, 2012, the following stocks will be added to
and deleted from the STOXX Europe 600 Index and its respective size and sector indices:
read more
Source: STOXX
Eurex: More Than 146 million Single Stock Futures Traded
August 28, 2012--Eurex's Single Stock Futures have undergone an exceptionally positive development. The number of tradable products as well as the trading volumes have continuously increased.
Eurex market participants are now able to trade Single Stock Futures on 850+ names, from 20 different global markets, including emerging markets.
More than 146 million contracts have been traded from January to the end of July 2012 with a daily average of 980,000 contracts. The Flexible Futures facility is used extensively with more than 11.7 million contracts traded during the same period.
read more
Source: Mondovisione
If you are looking for a particuliar article and can not find it, please feel free to contact us for assistace.
