Global ETF News Older than One Year
Exclusive: Citi aims to boost equities franchise amid industry shakeout
August 31, 2015-Citigroup plans to rebuild its long-neglected equities franchise seeking to capitalize on a retrenchment by rivals in the face of new rules designed to make the financial system less risky, according to people familiar with the bank's plans.
A lack of investment in equities and a traditional focus on bond trading kept the No. 3 U.S. bank by assets in the lower echelons of equities league tables, which measure how much revenue Wall Street banks earn from their equity trading units.
Source: Reuters
People living in countries with high levels of economic freedom are happier and have greater life satisfaction
July 28, 2015--Countries with higher levels of economic freedom have happier populations, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
"There's a direct link between a country's level of economic freedom and its citizens' life satisfaction, or happiness. Clearly, living in an economically free society has an important impact on the average citizen," said Fred McMahon, the Fraser Institute's Dr. Michael A. Walker Research Chair in Economic Freedom.
Source: www.fraserinstitute.org
FTSE 100 Semi Annual Equally Weighted Index licensed for first ETF
August 14, 2015--FTSE Russell pleased to support the growth of liquid alternative funds with a new index.
New reference benchmark used for the launch of the Vanguard Alternative Strategies Fund FTSE Russell, the global index provider, today notes that Vanguard has selected the FTSE 3-month US T-Bill +4% (per annum) Index as the primary benchmark for the Vanguard Alternative Strategies Fund.
The fund follows an actively managed approach and invests in a variety of diversified alternative strategies. This fund will be added as an underlying investment within the Vanguard Managed Payout Fund, which was first launched in 2008.
Source: FTSE.com
Vanguard Alternative Strategies Fund to benchmark to new FTSE Index
August 14, 2015--FTSE Russell pleased to support the growth of liquid alternative funds with a new index
New reference benchmark used for the launch of the Vanguard
Alternative Strategies Fund
FTSE Russell, the global index provider, today notes that Vanguard has selected the FTSE 3-month US T-Bill
+4% (per annum) Index as the primary benchmark for the Vanguard Alternative Strategies Fund.
The fund follows an actively managed approach and invests in a variety of diversified alternative strategies.
This fund will be added as an underlying investment within the Vanguard Managed Payout Fund, which was first launched in 2008.
Source: FTSE.com
China's yuan depreciation could hit domestic firms
August 13, 2015--"There's this implicit assumption on the part of corporate CFOs in China that the renminbi is a one-way ride, that it's going to appreciate relative
to the dollar," says a portfolio manager.
China has allowed its currency to depreciate by about 4.4 percent since Tuesday, on hopes of boosting the domestic economy. But there may end up being serious negative consequences for the Chinese corporate sector.
Source: CNBC.com
Markit to acquire CoreOne Technologies
August 13, 2015--Strengthens our regulatory reporting, index management and data management services; extends our capabilities into prime brokerage
Markit (Nasdaq: MRKT), a provider of financial information services, today announced that it has agreed to acquire CoreOne Technologies, a global leading provider of regulatory reporting, index management, data management and prime brokerage services to financial institutions.
Source: Markit
FTSE Russell announces expansion of
August 11, 2015--Two new indexes represent Dividend Yield and Momentum factors
Complement existing single factor indexes: Illiquidity; Residual
Momentum; Quality; Size; Value and Volatility
FTSE Russell, the global index provider, today announces an expansion of the FTSE Global Factor Index Series, with the launch of two additional indexes intended to capture Dividend Yield and Momentum factors. The extension of the index series reflects the high level of client interest around index tools that can be used to capture specific factors.
Source: FTSE.com
IOSCO publishes Report on Post-Trade Transparency in the Credit Default Swaps Market
July 7, 2015--The International Organization of Securities Commissions (IOSCO) today published the final report Post-Trade Transparency in the Credit Default Swaps Market, which analyzes the potential impact of mandatory post-trade transparency in one particular over-the-counter (OTC) derivatives market: the credit default swaps (CDS) market.
In the report, IOSCO concludes that greater post-trade transparency in the CDS market-including making the price and volume of individual transactions publicly available-would be valuable to market participants and other market observers. IOSCO encourages each member jurisdiction to take steps toward enhancing post-trade transparency in its CDS market.
view the IOSCO Post-Trade Transparency in the Credit Default Swaps Market-Final Report
Source: IOSCO
BATS Reports Record U.S. Options Market Share in July; Equities Market Share Remains Strong in U.S. and Europe
Remains on Track to Launch Hotspot London Matching Engine in September,
Second U.S. Options Market in November
August 7, 2015--BATS Global Markets (BATS) today reported July data and highlights including record market share of 10.8% for its U.S. options business, surpassing the previous record of 9.9% set in April 2015.
In U.S. options, BATS set a one-day record of 2.47 million contracts traded on July 24 and also set a one-day market share record of 11.8% on July 21. In July, BATS Options recorded eight of its top ten days on record in terms of market share.
In U.S. equities, BATS reported market share of 21.0% in July, up from 20.3% one year ago. Average daily matched volume on the BATS Exchanges was 1.41 billion shares, up from 1.16 billion shares one year ago. BATS also remained the #1 U.S. market for exchange-traded fund (ETF) trading in July, executing 25.9% of all ETF volume.
Source: BATS Global Markets
Eurex: Trading statistics July 2015
ADV 5.9 million contracts, 39 percent growth year-on-year/ISE: ADV 2.6 million contracts, 21 percent growth year-on-year
August 3, 2016--In July 2015, the international derivatives markets of Eurex, part of Deutsche Börse Group, recorded an average daily volume of 8.5 million contracts (July 2014: 6.3 million).
Of those, 5.9 million were Eurex Exchange contracts (July 2014: 4.2 million), and 2.6 million contracts (July 2014: 2.1 million) were traded at the New York based International Securities Exchange (ISE). The volume traded on the spot and derivatives power markets of the European Energy Exchange (EEX) amounted to 209.9 terawatt hours (TWh) in July 2015 (July 2014: 179.4 TWh). Eurex Repo recorded in all markets in July 2015 an average outstanding volume of 158.2 billion euros.
Source: Eurex
