Global ETF News Older than One Year
Yuan's Share of World Currency Trading Doubles, BIS Survey Shows
September 1, 2016--Yuan accounts for 4% of turnover, most among emerging markets
Report says 95% of yuan trades were against dollar in April
China's yuan has doubled its share of global currency trading in the three years through April 2016, according to the latest triennial survey conducted by the Bank for International Settlements.
Source: Bloomberg
U.S. Unseats U.K. as Global Center for Rates Derivatives Trading
September 1, 2016--New York overtook London for the first time as the largest global center for over the counter interest-rate derivatives trading, according to a report released Thursday by the Bank for International Settlements in Basel.
Forty-one percent of interest-rate derivatives were traded in the U.S. as of April, up from 23 percent three years ago.
Source: Bloomberg
FSB publishes second progress report on measures to reduce misconduct risk
September 1, 2016--The Financial Stability Board (FSB) today published its second report on progress in its workplan of Measures to reduce misconduct risk that it agreed in May 2015.
Ethical conduct, and compliance with both the letter and spirit of applicable laws and regulations, is critical to public trust and confidence in the financial system. Misconduct is also relevant to prudential oversight as it can potentially affect the safety and soundness of a particular financial institution.
view the Measures to reduce misconduct risk: Second Progress Report
Source: FSB
Vanguard attracts nearly $200bn this year
September 1. 2016--Vanguard has attracted nearly $200bn of money already this year, putting the investment group on track to smash last year's record inflows and underscoring the big shift towards passive asset management.
S&P Dow Jones Indices: Index Dashboard: Dispersion, Volatility & Correlation-August 2016
August 31, 2016--Even for August, it was a quiet month: the S&P 500 recorded its second-lowest volatility in a decade.
Volatility and correlation fell in each of our reported indices, reaching multi-year lows in several cases. Europe provided an exception-despite falling, S&P Europe 350 volatility remained moderately high.
Source: S&P Dow Jones Indices
This Is How Leverage in the Financial System Lives On
August 31, 2016--Investors look to a bevy of derivatives to increase returns.
Rumors of leverage's death have been greatly exaggerated.
In the aftermath of the 2008 financial crisis an abundance of leverage-borrowed money used to amplify returns -was blamed for exacerbating losses on subprime mortgages and contaminating the banking system with catastrophic results.
Source: Bloomberg
STOXX Changes Composition Of Blue-Chip Indices
August 31, 2016--STOXX Ltd., the operator of Deutsche Böerse Group's index business, and a global provider of innovative and tradable 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 and STOXX Nordic 30 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 Sep. 19, 2016.
Source: STOXX
BIS, FSB and IMF publish elements of effective macroprudential policies
August 31, 2016--The International Monetary Fund (IMF), Financial Stability Board (FSB) and Bank for International Settlements (BIS) released today a new publication on Elements of effective macroprudential policies.
The document, which responds to a G20 request, takes stock of the international experience since the financial crisis in developing and implementing macroprudential policies and will be presented to the G20 Leaders' Summit in Hangzhou.
view the Elements of effective macroprudential policies-lessons from international experience
Source: BIS
F&D Magazine Examines Impact of Smart Technology on Global Economy
August 31, 2016--Smart technology can increase productivity and efficiency
Human-like robots could exacerbate inequality
Tech-based distance learning fosters improved policymaking
The newest issue of the IMF's magazine, Finance & Development, focuses on how intelligent technology can transform economic life, for better and for worse.
Source: IMF
ETF Securities Weekly Flows Analysis-Oil sees outflows as it trades at top of range
August 30, 2016--Second consecutive week of crude oil outflows as Brent trades closer to the top of range
Investors sell GBP and EUR shorts
Price declines in precious metals drive investors to sell silver and platinum but boosts gold buying.
Oil ETPs see second week of outflows as oil trades closer to the upper end of the recent trading range. With Brent hovering close to US$50/bbl, investors continued to take profit on their long positions.
Source: ETF Securities
