| NASDAQ OMX Reports Fourth Quarter and Full Year 2011 Results | |||
| February 1, 2012--FY 2011 Non-GAAP Diluted EPS Grows 27% Over Prior Year
2011 Full Year Net Exchange Revenues and Earnings Reach Record Highs The NASDAQ OMX Group, Inc. reported strong results for the fourth quarter of 2011. Net income attributable to NASDAQ OMX for the fourth quarter of 2011 was $82 million, or $0.45 per diluted share, compared with $110 million, or $0.61 per diluted share, in the third quarter of 2011, and $137 million, or $0.69 per diluted share, in the fourth quarter of 2010. | |||
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| Source - top European ETC provider by NNA in 2011 | |||
| February 3, 2012--Source continued its impressive run since entering the European ETP market in 2009 by leading all ETC issuers in net new assets in 2011 with US$1.26 billion of net inflows. The provider’s flagship ETC, Source Physical Gold, captured significant inflows, bringing assets in the product to over US$2.3 billion. | |||
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| New SPDR equity index ETF launched on Xetra | |||
| ETF focuses on US mid-caps January 31, 2012--A further exchange-listed equity index fund issued by SPDR (State Street Global Advisors) has been tradable on Xetra® since Tuesday. ETF name: SPDR S&P 400 US Mid Cap ETF Asset class: equity index ETF ISIN: IE00B4YBJ215 Total expense ratio: 0.30 percent | |||
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| ESMA makes available data on past performances of credit rating agencies | |||
| February 2, 2012--ESMA launches today a Central Rating Repository (CEREP) providing information on credit ratings issued by those 15 Credit Rating Agencies (CRAs) which are either registered or certified in the European Union. | |||
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| ESMA outlines future regulatory framework for ETFs and other UCITS issues | |||
| January 30, 2012--ESMA publishes today a consultation paper (ESMA/2012/44) setting out future guidelines on UCITS Exchange-Traded Funds (UCITS ETFs) and other UCITS-related issues. The proposals cover both synthetic and physical UCITS ETFs and detail the obligations to come for UCITS ETFs, index-tracking UCITS, efficient portfolio management techniques, total return swaps and strategy indices for UCITS. | |||
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| Dow Jones Islamic Market Titans 100 Index Closed Up 4.08% In January | |||
| Index Measures Performance of 100 of World’s Leading Shari’ah-Compliant Stocks Dow Jones Islamic Market Asia/Pacific Titans 25 Index, Dow Jones Islamic Market Europe Titans 25 Index End January in Positive Territory Dow Jones Islamic Market U.S. Titans 50 Index Gained 3.67% February 2, 2012--The Dow Jones Islamic Market Titans 100 Index finished January up 4.08%, according to data compiled by Dow Jones Indexes. | |||
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| BSE IPF and Morningstar India launch ‘India Fund Observer 2011’ | |||
| February 1, 2012--Highlights for the fund industry in 2011:
Falling equity markets and regulatory developments weighed heavy on the domestic fund industry, therefore denting its assets in 2011. On a year-end basis, the assets of the industry shrunk for the second year in a row--by 2.4% in 2011, as against a fall of 6% in 2010. | |||
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| TSE Resumes Trading After System Glitch Causes Halt | |||
| February 1, 2012--TSE temporarily suspends trading in shares of more than 200 companies, including Sony, Hitachi
Exchange still investigating cause, but glitch likely stems from server trouble for stock data distribution Exchange resumes trading of all suspended issues from afternoon session Financial Services Agency urges TSE to take steps to prevent system trouble from occurring again | |||
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| CME Group Inc. Reports Fourth-Quarter and Full-Year 2011 Financial Results | |||
| February 2, 2012--CME Group Inc. Reports Fourth-Quarter and Full-Year 2011 Financial Results
Reached annual average daily volume records in foreign exchange, agricultural commodities, energy and metals product lines | |||
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| Regular Deutsche Börse share again included in the DAX | |||
| Changes will be effective on 8 February February 2, 2012--Deutsche Börse has today announced changes in the DAX index. Deutsche Börse AG’s tendered share class (ISIN DE000A1KRND6) is to be replaced in the DAX with the original Deutsche Börse AG share class (ISIN DE0005810055). The changes will be effective on 8 February 2012 and are a result of today’s announcement on the reversal of the transaction between Deutsche Börse and NYSE Euronext due to the prohibition of the merger by the EU Commission. | |||
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| OSE has been Publishing "Indicative Net Asset Values" and "Portfolio Composition Files" of ETFs | |||
| February 1, 2012--OSE has been publishing Indicative Net Asset Values (Indicative NAVs(*1)) and Portfolio Composition File (PCFs(*2)) of ETFs in order to improve ETF investors' convenience since August 15, 2011. | |||
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| Average daily volume of 8.2 million contracts at Eurex Group in January | |||
| February 1, 2012-- In January 2012, the international derivatives exchanges of Eurex Group recorded an average daily volume of 8.2 million contracts (Jan 2011: 10.4 million). | |||
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| Deutsche Boerse tendered shares replaced by original Deutsche Boerse shares in STOXX | |||
| February 2, 2012-STOXX Limited, the market-moving provider of innovative, tradable and global index concepts, today announced adjustments in several STOXX indices. Deutsche Boerse tendered shares (DE000A1KRND6, Financial Services, Germany) in the EURO STOXX 50, STOXX Europe 600, STOXX Global Total Market and the respective sub-indices will be replaced with the original Deutsche Boerse shares (DE0005810055, Financial Services, Germany). This change will be effective with the open of markets on February 8, 2012. | |||
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| Xetra turnover in January at 99 billion euros | |||
| 19.7 million transactions on Xetra February 1, 2012--Order book turnover on Xetra and the Xetra Frankfurt specialist trading stood at €104.4 billion in January – a decrease by 14 percent year-on-year (January 2011: €121.7 billion). | |||
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| European Commission blocks merger between Deutsche Börse and NYSE Euronext | |||
| Deutsche Börse achieves substantial earnings growth in 2011/ Company targeting organic growth/ Key decisions for further growth already made February 1, 2012--The European Commission today announced that it is prohibiting the planned merger between Deutsche Börse AG and NYSE Euronext because, based on its definition of the market for derivatives trading, it considers the merger to be inadmissible under competition law. Deutsche Börse AG has taken note of the decision with disappointment. The Executive Board of Deutsche Börse AG responded: “This is a black day for Europe and for its future competitiveness on global financial markets. | |||
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| Boerse Stuttgart cuts transaction fees | |||
| Reduced fees for trading in securitised derivatives from 1 February 2012
February 3, 2012--Boerse Stuttgart, Europe’s leading stock exchange for retail investors, reduced its transaction fees for securitised derivatives (leverage and investment products) with effect from 1 February 2012. | |||
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| IPO indicator signals slight recovery on the primary market | |||
| Price gains of German equities and decline in volatility favour new issues January 30, 3012--2012--Deutsche Börse published the IPO sentiment indicator forecasting issue activity for the 1st quarter of 2012 on Monday. The primary market indicator rose from 27.97 to 29.23 points over the past three months. | |||
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| Boerse Stuttgart launches new brand campaign | |||
| Jung von Matt/Neckar campaign boosts profile of Boerse Stuttgart as retail investor exchange/ Campaign focuses on wide range of services
February 3, 2012--Boerse Stuttgart has developed a new branding campaign in collaboration with the advertising agency Jung von Matt/Neckar. | |||
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| CFTC.gov Commitments of Traders Reports Update | |||
| February 3, 2012--The current reports for the week of January 31, 2012 are now available. | |||
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| Morgan Stanley-ETF Fund Flows | |||
| February 3, 2012--ETFs Exhibited Net Inflows of $40.8 and $114.7 Billion in 4Q11 and in 2011 There were 225 new ETFs listed in the US in 2011, of which 37 were issued in the fourth quarter. In 2011, 26 ETFs were liquidated, resulting in net new issuance of 199 ETFs. As of January 30, 2012, there were 33 issuers with 1,189 ETFs listed in the US. | |||
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| India-Commodity transaction tax to hit volumes: Traders, chambers | |||
| February 6, 2012--The finance ministry’s proposed move to again impose a Commodities Transaction Tax (CTT) is likely to drive volumes to foreign exchnages, say traders and analysts. | |||
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| Citi and Research Affiliates Launch Fundamentals-based Bond Index Series | |||
| January 23, 2012--Citi and Research Affiliates are launching a new global sovereign bond index series based on measures of size. The Citi RAFI(R) Bond Index Series decreases exposure to aging and debt-laden economies such as Japan and the United States and increases exposure to younger, resource-rich countries such as Australia and Canada. | |||
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| Dow Jones industrial average closes at highest level since before 2008 financial crisis | |||
| Market index closes at 12,862, the highest level since May 2008
February 3, 2012--The Dow Jones industrial average has closed at its highest level since before the 2008 financial crisis. | |||
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| Expense ratio changes for 27 Vanguard ETFs® | |||
| January 20, 2012--In December 2011, Vanguard filed annual prospectus updates for 27 ETFs that had changes in their stated expense ratios. Eight of the ETFs had expense ratios that increased, while the remaining 19 ETFs had a decrease. Ten sector, six bond, and three mega-cap ETFs experienced reductions. Increases occurred in eight of our Russell and S&P domestic equity ETFs. | |||
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| Esma group paper gives clue to rule changes | |||
| January 23, 2012--n 2011 regulators in many countries expressed concerns that exchange traded funds were becoming too complex, and raised issues relating to investor protection and systemic risk. The European Securities and Markets Authority (Esma) is expected to announce new rules soon. | |||
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| Change in Launch Date for OSE DJIA Futures | |||
| January 24, 2012--Osaka Securities Exchange Co., Ltd. (OSE) planned to launch trading in OSE Dow Jones Industrial Average Futures on Monday, February 27, 2012. However, considering the status of the preparations in various areas for the launch of trading, etc., OSE has decided to change the launch date. | |||
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| Dubai Gold & Commodities Exchange Weekly Market Commentary | |||
| February 5, 2012--Economic Data Overview The coming week will be dominated by the decisions of some of the world's most important central banks. The European Central Bank, the Bank of England and the Reserve Bank of Australia all meet. The tone for global interest rates was set two weeks ago when the Fed Chainman Ben Bernanke stated that it was the committee's desire to keep rates low until the end of 2014. | |||
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| DB - Equity Research - Asia Pacific ETF Weekly Review: ETP AUM keeps moving closer to $100bn on bull markets | |||
| January 30, 2012--Market Review Equity markets continued to remain in positive territory last week. From north to south, Japan (Nikkei 225) gained 0.85%, Korea (KOSPI2) increased by 0.79%, Hong Kong (HSI) climbed by 1.95%, Singapore (FSSTI) rose by 2.35% and Australia (S&P/ASX 200) grew by 1.15% over the previous week. | |||
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| DB - Equity Research - Asia Pacific ETF Weekly Review: ETP AUM moves closer to $100bn amid market rally | |||
| January 23, 2012--Market Review Equity market rally continued over the last week in Asia-Pacific markets as falling European borrowing costs released some pressure from the debt crisis and economic reports showed improved U.S. economy data. | |||
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| DB Global Equity Research: US ETF+ Monthly Directory : December 2011 ETPs | |||
| January 24, 2012--This document includes all US listed exchange-traded funds (ETFs) and exchange-traded vehicles (ETVs), plus a special section covering exchange-traded notes (ETNs). The directory is organized by asset class and asset-class-related sub sections. Within each sub section it has also been sorted. | |||
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| DB Global Equity Research: ETP market kept consolidating a good year-start by adding $32bn in assets last week | |||
| January 23, 2012--Net Cash Flows Review Equity markets remained in winning streak during last week. The US (S&P 500) advanced by 2.0%; while other developed and emerging markets outside the US did even better; the MSCI EAFE (in USD), and the MSCI EM (in USD) were up by 4.0% and 4.4% during the week, respectively. | |||
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| DB - Equity Research -Asia-Pac ETF+ Monthly Directory : December 2011 ETPs | |||
| January 23, 2012--his document includes all Asia-Pacific listed exchange-traded funds (ETFs) and exchange-traded commodities (ETCs). The directory is organized by country and asset-class-related sub sections. Within each sub section it has been sorted by ETP issuer by alphabetical order and by AUM in descending order. | |||
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| ETFS US Precious Metals Weekly: Gold set for strongest January in more than 30 years as Fed lays QE3 groundwork | |||
| January 30, 2012--Gold saw its fourth consecutive weekly rise last week, with YTD returns matching growth over the whole of 2011 at around 9%. Federal Reserve interest rate projections hinting that official interest rates could remain rock-bottom into 2014 was the chief catalyst, tempting investors out of cash after 2011’s end of year deleveraging. Fed chairman Ben Bernanke also hinted that if the Fed’s expectations of anaemic recovery in the US jobs market comes to pass, the Fed will likely look at ways to ramp-up monetary stimulus. | |||
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| ETFS US Precious Metals Weekly: Precious metals investment rebounds as market confidence begins to find its feet | |||
| January 23, 2012--Gold, silver prices hit 6 week highs as precious metal prices push up through key technical levels. Gold, silver platinum and palladium are now all tracking back up above their 50 day moving average levels, suggesting that markets have found renewed momentum in the New Year. | |||
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| CFTC.gov Commitments of Traders Reports Update | |||
| January 20, 2012--The current reports for the week of January 17, 2012 are now available. | |||
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| Sprott announces new platinum, palladium fund | |||
| January 16, 2012--Sprott Inc is to launch a new $115 million physically-backed exchange-traded fund (ETF) investing in platinum and palladium. | |||
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| ........Fundsmith's Terry Smith fires fresh warnings on ETFs | |||
| ETFs appeal to hedge funds and high frequency traders
Popular (Berlin: PP4.BE - news) as shorting instruments Mis-sold as index tracking funds January 18, 2012--Exchange traded funds (ETFs) are being widely missold as a low cost form of index tracker when in fact they are highly complex vehicles best suited to hedge funds and proprietary trading desks, a leading investor said. | |||
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| iShares Provides Expanded Access to Developed Market Equities With Launch of Three New Funds | |||
| The Only ETFs to Offer MSCI World, Hong Kong Small Cap and Singapore Small Cap Exposure January 12, 2012-- BlackRock, Inc. today announced that its iShares® Exchange Traded Funds (ETFs) business, the world's largest manager of ETFs, has launched three new equity ETFs on the NYSE Arca. The ETFs are the iShares MSCI World Index Fund (URTH), iShares MSCI Hong Kong Small Cap Index Fund (EWHS) and iShares MSCI Singapore Small Cap Index Fund (EWSS). | |||
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| BATS earns 11.1% U.S. equities market share in January. | |||
| February 1, 2012 – BATS Global Markets (BATS), a global operator of stock and options markets, today reported increased European market share in January and strong equities matched market share in the U.S. BATS reported 11.1% U.S. equities matched market share compared to 10.4% a year ago. | |||
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| iShares Launches Five Global Commodity Producer Equity ETFs | |||
| First ETF to offer access to global energy production February 2, 2012--BlackRock, Inc.announced today that its iShares(R) Exchange Traded Funds (ETFs) business, the world's largest manager of ETFs, has launched five funds focused on commodity producers. The funds offer the benefit of access to companies involved in the production of the commodity without exposure to physical storage or other costs associated with commodity ownership. | |||
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| With Two New ETFs, iShares Delves Deeper Into Emerging Markets | |||
| January 23, 2012--Funds limit their exposure to equities that are based in Latin America and in the Europe-Middle East-Africa region. January 23, 2012--In an effort to slice and dice emerging markets further, on Thursday, Jan. 19, iShares launched two more emerging-markets-themed exchange-traded funds, focused on specific corners of the world. | |||
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| Invesco Canada launches Canada's lowest-cost RAFI ETFs | |||
| January 26, 2012--Invesco Canada Ltd. is pleased to bring Canadian investors two new ETFs using the RAFI methodology at the lowest price point available in Canada. The addition of the PowerShares FTSE RAFI Canadian Fundamental Index ETF [TSX: PXC] and PowerShares FTSE RAFI US Fundamental (CAD Hedged) Index ETF [TSX: PXU] further strengthens PowerShares Canada's growing ETF lineup. | |||
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| Exchange Traded Concepts Files Sustainable North American Oil Sands ETF | |||
| January 24, 2012--Exchange Traded Concepts Trust has filed a registration statement with the Securities and Exchange Commission for the Sustainable North American Oil Sands ETF, the first exchange traded fund that tracks the Sustainable North American Oil Sands Index. | |||
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| State Street Global Advisors Issues 2012 ETF & Investment Outlook | |||
| January 24, 2012--State Street Global Advisors (SSgA)*, the asset management business of State Street Corporation (NYSE: STT - News), today announced the availability of 2012 ETF & Investment Outlook: Sink or Swim. Developed by the SPDR® ETF Strategy & Consulting Group, the new report features insights on macroeconomic trends impacting the financial markets and examines key developments expected to shape the exchange traded funds (ETF) industry and asset flows in 2012. | |||
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| IEA-Highlights of the latest Oil Market Report | |||
| January 19, 2012--Oil markets began the New Year confronting a host of supply issues, not least a pending EU ban on Iranian oil imports and retaliatory threats from Tehran to close the Strait of Hormuz, through which flows roughly one-third of world oil exports. Oil prices jumped $4 5/bbl on the reports, but eased on mounting euro zone debt issues. Brent was last trading near $112/bbl and WTI at $100.50/bbl. | |||
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| News Corp taps Bloomberg executive to lead Dow Jones | |||
| February 2, 2012--Rupert Murdoch's News Corp on Thursday named Bloomberg LP executive Lex Fenwick as chief executive officer of its Dow Jones & Co unit which houses its Wall Street Journal newspaper. | |||
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| OPEC-Monthly Oil Market Report-January 2012 | |||
| January 24, 2012--Oil Market Highlights The OPEC Reference Basket decreased in December to settle at $107.34/b. The downward movement of the Basket was driven by revived fears about Europe's debt crisis, concerns about economic growth in Europe and China, and a slumping euro exchange rate. Supportive bullish US economic data, as well as geopolitical concerns in the Middle East helped change the course of the market, particularly toward the end of the month and into January. | |||
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| Momentum to drain from world economy in 2012: poll | |||
| January 19, 2012--The world economy will lose momentum in 2012 but it will keep moving in the right direction, according to Reuters polls of around 600 economists who said crisis-hit Europe would drag on global growth. | |||
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| China Strategy: tackling uncertainties | |||
| January 18, 2012--An uncertain outlook calls for policy flexibility Despite a relatively strong 4Q2011, we are still concerned about the huge uncertainty in the euro zone, and its significant spillover to China and other Asian economies. | |||
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| US Reits are drawn to subprime securities | |||
| January 31, 2012--Real estate investment groups in the US are set to raise more funds to buy subprime and other private mortgage-backed securities, aided by attractive returns and rising share prices. | |||
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| External factors threaten Swiss economic recovery, OECD says | |||
| January 24, 2012--Switzerland has made a broadly balanced recovery from the economic crisis but external factors are now weighing on the near-term outlook, according to the OECD’s latest Economic Survey of Switzerland. | |||
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| India to launch $35bn of public investments | |||
| January 19, 2012--India is to launch a $35bn wave of public sector investment to reverse a decline in the fast-growing economy’s growth rate and return it closer to double digits, according to the prime minister’s office. | |||
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| Egypt benchmark stock index climbs most in 10 months after uprising anniversary | |||
| January 26, 2012-- Egypt's stock market posted its strongest gains in about 10 months, with the benchmark index rallying over 7 percent on Thursday as the peaceful passing of the one-year anniversary of the uprising that ousted former President Hosni Mubarak injected optimism. | |||
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| Egyptian officials look to set up Islamic index | |||
| February 1, 2012--Egypt's newly-elected Islamists say they want to introduce an index of companies that comply with sharia law as part of a wider move towards an Islamic economy. | |||
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| Macquarie Group Is Said to Compete for Deutsche Bank Asset-Management Unit | |||
| February 1, 2012--Macquarie Group Ltd. (MQG), Australia’s biggest investment bank, is vying with at least three companies to buy asset-management divisions from Deutsche Bank AG (DBK), said two people with knowledge of the matter. | |||
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| China's Growth Engine Declines . | |||
| January 17, 2012--China posted GDP growth of 8.9% in the last quarter of 2011, compared with a year earlier, a number that came in higher than had been expected but one that nevertheless showed that the world's fastest engine of growth is downshifting. | |||
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| South Korea’s Economic Growth Weakens as Exports Sink on Europe: Economy | |||
| January 25, 2012--South Korea’s economy grew the least in two years in the fourth quarter as exports sank because of Europe’s sovereign debt crisis and a faltering global expansion. | |||
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| Institutions warm to leveraged and inverse funds | |||
| February 3, 2012--Leveraged and inverse exchange traded funds are seen as the bad boys of the ETF world, criticised for delivering unexpected results and blamed for exacerbating market volatility. | |||
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| ETF trading volumes fall to historic lows | |||
| February 2, 2012--Trading in the most popular US exchange-traded funds fell to multiyear lows in January, threatening to increase transactions costs for retail investors. | |||
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| Emerging Market Currencies See Best Rally In Two Decades -SocGen | |||
| February 3, 2012--Sharp rallies in many emerging-market currencies last month appear to be more than just a seasonal surge, with some currencies in the developing world having their strongest January in over two decades, data compiled by Societe Generale showed. | |||
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| Shanghai vows to expand capital markets | |||
| January 30, 2012--Shanghai intends to expand greatly the size of its capital markets and open them more widely to foreign investors by 2015 as cornerstones in its strategy to become a global financial powerhouse. | |||
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| Gold Price Retreats from 7-Week High | |||
| January 29, 2012--Gold ticked lower Monday after earlier rising to its highest in more than seven weeks as investors awaited the outcome of Greece's debt deal talks, but sentiment was supported by a firmer euro and lower-than-expected U.S. growth data. | |||
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| Saudi Arabia targets $100 crude price | |||
| January 16, 2012--Saudi Arabia is aiming to keep oil prices at around $100 a barrel, a third above its previous public target, | |||
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| Bovespa Clearing Stranglehold Faces?Challenge | |||
| January 16, 2012--Direct Edge, the fourth-largest US exchange operator, has insisted that access to clearing at Brazil’s biggest exchange operator should be opened up in the interest of competition. | |||
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| Portugal Moves Into Default Territory | |||
| January 16, 2012--Portugal is trading in default territory after investors offloaded the country’s bonds this week amid rising fears of contagion. Worries are mounting that the private sector and Greece will fail to agree a restructuring package for Athens’ debt, the Financial Times reported. | |||
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| Bernanke defends low rate policy for weak economy | |||
| February 2, 2012--Federal Reserve Chairman Ben Bernanke on Thursday defended the U.S. central bank's policies against charges from Republican lawmakers they risked sparking inflation, saying the economy still needs plenty of support. | |||
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| Stronger rand restrains JSE | |||
| February 3, 2012-- The JSE was slightly down on Friday off session lows but remained in the red on the back of the strong rand. | |||
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| Rand firms against dollar after US data | |||
| February 3, 2012--The rand firmed against the dollar in late afternoon trade on Friday following the release of better-than-expected US jobs data. | |||
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| JSE pushes record higher | |||
| February 2, 2012--The JSE was up at the close on Thursday, as the market's underlying bullish tone continued to drive trade higher. | |||
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| Rand near 5-mnth high, Greece casts shadow | |||
| February 2, 2012--South Africa's rand hovered close to the previous day's five-month highs against the dollar on Thursday but could come under renewed pressure in coming days as fears of global contagion from euro zone debt problems, particularly in Greece, persist. | |||
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| JSE scales new lifetime high | |||
| February 1, 2012--South African stocks closed at a new lifetime high on Wednesday, gaining more the 1 percent as positive earnings statements and upbeat economic data from China helped lift resources firms such as Assore. | |||
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| Rand reaches 5-month high, bonds gain | |||
| February 1, 2012--South Africa’s rand surged more than 2% against the dollar on Wednesday, touching a near-five month high in line with a stronger euro as hopes of a resolution to Greece’s debt crisis helped to lift risk appetite globally. | |||
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| Bonds fall ahead of weekly auction | |||
| January 31, 2012--South African sovereign bonds weakened against the dollar on Tuesday before a weekly auction at which the government is taking the unusual step of issuing three bonds, mostly from the long end of the curve. | |||
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| JSE follows Asian markets up | |||
| January 31, 2012--The JSE began Tuesday in the black following eastern markets higher. | |||
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| Rand firms on higher risk appetite | |||
| January 31, 2012--The South African rand traded slightly firmer against the dollar on Tuesday, drawing strength from hopes of a successful conclusion to debt swap negotiations in Greece which boosted risk appetite in emerging markets. | |||
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| Profit taking knocks JSE for second day | |||
| January 30, 2012--South African stocks fell for a second day on Monday, giving up nearly 1 percent as investors booked profits after a January rally that pushed Johannesburg’s broadest index to a string of lifetime highs. | |||
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| Risk aversion hits rand, bonds | |||
| January 30, 2012--South Africa's rand fell more than 1 percent on Monday as investors globally shunned risky assets and data showing a narrowing budget deficit failed to encourage investors as public finances are expected to be under pressure over the next few years. | |||
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| JSE backtracks on value worries | |||
| January 27, 2012--South African stocks retreated from a record high on Friday, edging down half a percent after retailers Shoprite and Woolworths declined on concerns their valuations may be stretched from a recent surge. | |||
| read more | |||
| Rand may potentially hit R7.70/dollar | |||
| January 27, 2012--The rand steadied against the dollar on Friday with potential for further gains in the next few days, but the eurozone debt crisis still poses risk for the currency. | |||
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| Global food prices easing, volatility still high: World Bank | |||
| January 31, 2012--Global food prices are set to decline further in 2012 as a weaker world economy dampens consumer demand while food supplies rise, the World Bank said on Tuesday, warning that a possible rise in oil prices could reverse the trend. | |||
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| S&P warns cuts loom for G20 nations | |||
| January 31, 2012--Ratings agency Standard & Poor’s warned it may downgrade “a number of highly rated” Group of 20 countries from 2015 if their governments fail to enact reforms to curb rising healthcare spending and other costs related to ageing populations. | |||
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| ESM, Europe's future financial firewall now | |||
| January 29, 2012--The European Stability Mechanism (ESM), due for adoption at Monday's EU summit, is to be the bloc's permanent safety net as of July -- its financial "firewall." | |||
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| NYSE Euronext, Deutsche Boerse cancel merger deal | |||
| February 2, 2012--Deutsche Boerse and NYSE Euronext cancelled their mega-merger Thursday after European regulators vetoed the deal. | |||
| read more | |||
| .Barclays Capital Expands Fiscal Strength Weighted Index Family into Covered Bonds | |||
| January 27, 2012-Barclays Capital, publisher of leading broad market bond benchmarks, today announced the launch of a new family of Fiscal Strength Weighted Covered Bond Indices. This new suite of benchmark indices uses fundamental measures of fiscal sustainability to adjust country weights within existing Covered Bond benchmarks, thereby offering an alternative for investors beyond the existing flagship market value weighted indices. | |||
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| BetaShares appoints Dr Tony Rumble as Head of Portfolio Construction | |||
| February 1, 2012-- Specialist ETF provider BetaShares has named Dr Tony Rumble in the newly created position of head of portfolio construction. | |||
| read more | |||
| Northern Trust (Nasdaq: NTRS) announced today that it has been selected to provide exchange traded fund (ETF) administration services to the LGIM Commodity Composite Source ETF, launched earlier this month by leading ETF provider, Source. | |||
| January 25, 2012--Northern Trust (Nasdaq: NTRS) announced today that it has been selected to provide exchange traded fund (ETF) administration services to the LGIM Commodity Composite Source ETF, launched earlier this month by leading ETF provider, Source. | |||
| read more | |||
| ExpertPlan Offers Low Cost Exchange Traded Funds | |||
| January 26, 2012---ExpertPlan, the leading provider of private label recordkeeping plan services, announced today the offering of Exchange Traded Funds (ETFs) on its proprietary retirement plan recordkeeping system. | |||
| read more | |||
| State Street Expands ETF Servicing Capabilities With Enhanced Global Technology | |||
| January 24, 2012--State Street Corporation (NYSE: STT), one of the world's leading providers of financial services to institutional investors, announced today the expansion of its global servicing capability for exchange traded funds (ETFs). Now leveraging state-of-the-art cloud-enabled technology, State Street’s ETF servicing solution, TotalETF SM, drives full automation throughout the lifecycle of an ETF from the basket-creation process to trade processing and settlement. | |||
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| Vanguard's economic and investment outlook | |||
| January 24, 2012--In just-published research, the head of Vanguard's Investment Strategy Group, Joseph Davis, and his colleague, Roger Aliaga-Díaz, discuss the firm's outlook for U.S. economic growth, inflation, interest rates, and returns for stocks and bonds in the decade ahead. | |||
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| Morningstar Issues Comprehensive Research Reports on ETF Managed Portfolio Strategies and ETF Tax Efficiency | |||
| January 23, 2012--Morningstar, Inc., a leading provider of independent investment research today issued two research reports—the "ETF Managed Portfolios Landscape Report" that explores current trends, asset growth, and the industry outlook for ETF managed portfolios, and another, "ETFs Under the Microscope: Tax Efficiency Survey" that tests the claims of the tax efficiency of ETFs. | |||
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| Amundi ETF 3rd largest European ETF provider by net new assets in 2011 | |||
| January 16, 2012--2011 was a positive year for Amundi ETF with the extension of its range to over 100 products. The European development plan reached an important milestone in May with entry into the UK market. Amundi ETF benefited from significant growth throughout the year to finish 2011 ranked as the 3rd largest European ETF provider by net new assets with EUR 1.7bn net inflows. | |||
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| iShares expands its commodity range with four new ETFs | |||
| Products set new standards of transparency and risk management for commodity swap ETFs January 23, 2012--iShares, the Exchange Traded Funds (ETF) platform of BlackRock, Inc. (NYSE: BLK) today expanded its commodity range with the launch of four ETFs that set new industry standards for commodity swap-based funds, by utilising iShares unique swap-based ETF platform, designed to provide unparalleled levels of transparency and investor protection in the ETF market. | |||
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| ..Canadian ETF Industry Reports $3 Billion in Sales During Last Quarter | |||
| January 16, 2012--According to the Canadian ETF Association (CETFA), Canadian-listed exchange traded funds continued to show strong sales for the fourth quarter of 2011 (Q4). The latest Quarterly ETF Asset Flow Report shows that the Canadian ETF Industry had nearly $3 billion in net new sales during Q4, finishing 2011 with more than $7.6 billion in net new sales. | |||
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| BofA Merrill Lynch Fund Manager Survey Finds Gloom Lifting Over Global Growth Prospects | |||
| January 17, 2012-- Global investors have started 2012 with a reawakened sense of optimism towards the global economy and greater appetite for risk, according to the BofA Merrill Lynch Survey of Fund Managers for January. | |||
| read more | |||
| Direct Access Partners, LLC Announces the Launch of ETF Liquid | |||
| Proven international team offers pricing and trading of international ETFs closer to true Net Asset Value
New division enhances the firm’s international trading capability – now offers 24/6 coverage January 12, 2012 – Direct Access Partners, LLC, (DAP) the customer-focused, multi-asset trading partner to a diverse range of clients including pension funds, mutual funds, hedge funds and RIAs, today announced the launch of ETF Liquid. | |||
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| WisdomTree Announces Investment Sub-Advisory Relationship With Western Asset Management for Fixed Income ETFs in Credit Space | |||
| Western Asset Management is One of the World's Leading Global Fixed Income Managers
January 12, 2012--WisdomTree, an exchange-traded fund ("ETF") sponsor and asset manager, today announced a new investment sub-adviser relationship with Western Asset Management, a subsidiary of Legg Mason. | |||
| read more | |||
| Direxion Strengthens Buy-and-Hold Product Offerings With Three Volatility Response ETFs | |||
| Exchange-Traded Funds Give Investors Index Equity Exposure That Seeks Improved Risk/Return Characteristics as Compared to Traditional Index Investing
January 11, 2012--Direxion, a leader in alternative investment solutions, is pleased to announce that it has launched three exchange-traded funds that seek to better control risk in equity investments. | |||
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| Silk Road Management Launches Silk Road Australia Index | |||
| January 11, 2012--Silk Road Management is pleased to announce that it launched Silk Road Australia Index (SILKAU), a debut benchmark that includes largest Mongolia and Central Asia-focused companies with listing on the Australian Stock Exchange (ASX). | |||
| read more | |||
| ETRACS ETNs Occupy Top Two Performance Spots in 2011 for Master Limited Partnership (“MLP”) Exchange Traded Products | |||
| January 10, 2012--UBS Investment Bank today announced that ETRACS MLP ETNs were the top two performing exchange-traded notes (“ETNs”) or exchange-traded funds (“ETFs”) linked to a MLP index in 2011.* | |||
| read more | |||
| Envestnet Adds IndexIQ’s IQ Global Alternatives ETF Model Portfolio to Liquid Alternatives Program | |||
| Envestnet program meets demand for accessible alternative strategies, as advisors seek solutions for improving portfolio diversification, reducing volatility and enhancing absolute performance in all market environments
January 10, 2012--IndexIQ announced today that Envestnet, Inc. (NYSE: ENV), a leading provider of wealth management solutions with over | |||
| read more | |||
| Schwab Finds U.S. Fixed Income Exchange-Traded Funds Gain Favor While Gold Loses Luster With Advisors | |||
| Domestic Fixed Income and Equity ETFs Accounted for 87 Percent of Advisors’ Net ETF Flows in 2011
January 9, 2012--The appetite for exchange-traded funds (ETFs) among independent investment advisors continues unabated into 2012, but a new report released today by Charles Schwab suggests advisors will use them differently this year. U.S. fixed income ETFs captured 54 percent of ETF inflows in 20111, and U.S. equity ETFs saw 33 percent of flows, while funds tracking international equities and commodities - and gold in particular – lost favor. | |||
| read more | |||
| Hong Kong-based asset manager EIP launches seven ETF products | |||
| February 2, 2012-- Enhanced Investment Products Limited (EIP), a Hong Kong based asset management firm, today confirms the launch of seven new ETF products, authorised* by the Securities and Futures Commission at the beginning of January 2012. | |||
| read more | |||
| iShares EMEA reports strong 2011 asset growth | |||
| January 9, 2012--iShares, the Exchange Traded Funds (ETF) platform of BlackRock, Inc, says its EMEA business generated strong growth in 2011 despite challenging macroeconomic conditions.iShares exceeded $18bn of net new assets in EMEA during 2011, an increase of 43% from 2010 net new assets of $12.6bn. iShares total assets under management (AUM) in the region increased 4% to $105.9bn as at the end of December 2011. | |||
| read more | |||
| State Street Global Advisors Launches Online ETF Education Resource | |||
| January 5, 2012--State Street Global Advisors (SSgA)*, the asset management business of State Street Corporation (NYSE: STT) and creator of SPDR ETFs, today announced the launch of ETF Fact or Fiction (www.etffactorfiction.com), a new website that provides individual investors with a comprehensive, trusted resource for exchange traded fund (ETF) education. | |||
| read more | |||
| &P Indices Launches Dynamic Rebalancing Risk Control Index Series | |||
| Direxion Licensed to Launch Exchange Traded Funds Linked to the Indices
January 5, 2012--S&P Indices announced today the launch of the S&P Dynamic Rebalancing Risk Control Index Series, a collection of indices that seeks to provide greater stability and control over the level of risk typically associated with the underlying index. | |||
| read more | |||
| Hong Kong Regulator Approves Synthetic ETFs; First in 18 Months | |||
| January 4, 2012--Hong Kong’s regulator approved six Deutsche Bank AG (DBK) synthetic exchange-traded funds, the first time it has allowed such products since July 2010. | |||
| read more | |||
| BlackRock to acquire Claymore Investments | |||
| January 11, 2012--BlackRock, Inc. has struck a deal to buy exchange traded fund (ETF) provider Claymore Investments from Guggenheim Partners, LLC. BlackRock already owns the iShares line of ETFs, which manages the lion’s share of ETF assets in Canada. | |||
| read more | |||
| Halter USX China Index Announces 2011 Year End and 4Q Results and Adds New Constituents | |||
| December 31, 2011--For the fourth quarter and for the year 2011, the Halter USX China Index was up 2.40% and down 25.59% respectively. During the same period (fourth quarter and year end), the Dow Jones Industrial Average increased by 11.95% and 5.53% respectively, while the NASDAQ finished up 7.86% and down 1.80% | |||
| read more | |||
| ETF assets rise in 2011 | |||
| January 11, 2012--In 2011, exchange-traded fund (ETF) assets increased USD51 billion, or 5.1%, according to the ETF Industry Association. As of year-end 2011, ETF assets totaled USD1.045 trillion, among 1,166 products (including 26 funds of funds). | |||
| read more | |||
| New ETFs struggle for assets | |||
| January 10, 2012-- As more and more exchange-traded funds enter the market, appetites for new baskets of stocks seem to be diminishing – at least in the United States. According to the Financial Times and XTF, an ETF research firm, 79 per cent of the 190 ETFs launched in the first six months of 2011 failed to attract enough money to make the new funds economical and sufficiently liquid (defined as more than $30-million (U.S.) in assets under management). | |||
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| Synthetic ETFs do not pose systemic risk but more investor education needed, says SSgA’s Eleanor Hope-Bell | |||
| December 23, 2011--There can be no doubting the popularity of ETFs. As an asset class it has grown substantially in recent years. | |||
| read more | |||
| New listing on LSE for Gold P-ETC GBp On London Stock Exchange | |||
| December 19, 2011--Source, one of the fastest growing Exchange Traded Product (ETP) providers in Europe with US$8 BN in assets, is pleased to announce that its Source Physical Gold P-ETC is now listed in GBp on the London Stock Exchange (LSE). | |||
| read more | |||
| EDHEC-Risk Institute Welcomes Conclusions Of ESMA Consultation Paper On ETFs And UCITS Issues | |||
| January 30, 2012--Following the publication on January 30, 2012, of the European Securities and Markets Authority’s (ESMA) consultation paper on ETFs and other UCITS issues (ESMA/2012/44), EDHEC-Risk welcomes the broadened focus of the new ESMA consultation, which approaches important issues in a horizontal way across all UCITS rather than in a vertical way limited to UCITS ETFs; | |||
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| Six Market Vectors Sector Indices to Underlie Exchange-Traded Funds | |||
| December 21, 2011--Market Vectors Index Solutions (MVIS) today announced that it has licensed six of its Market Vectors Indices to Van Eck Associates Corporation – a leading provider of exchange-traded funds (ETFs) in the United States. | |||
| read more | |||
| Knight Announces Astor Long/Short ETF Mutual Fund Added to Paychex 401(k) Platform | |||
| January 30, 2012--Knight Capital Group, Inc. (NYSE Euronext: KCG) today announced that subsidiary Astor Asset Management's mutual fund, the Astor Long/Short ETF Fund (ASTIX), was recently added to the 401(k) platform at Paychex, Inc. (NASDAQ: PAYX). | |||
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| Knight Announces Launch of Two Actively Managed ETF Mutual Funds From Astor Asset Management | |||
| December 21, 2011--Knight Capital Group, Inc. (NYSE Euronext: KCG) today announced that subsidiary Astor Asset Management launched the Astor Active Income ETF Fund and the Astor SP Growth ETF Fund. | |||
| read more | |||
| UAE housing market to sink further, analysts point to oversupply | |||
| February 02, 2012--United Arab Emirates: Analysts have said the four-year decline in house prices in the UAE isn't expected to end in 2012, as oversupply and concerns over the health of global economy weigh on the market, Reuters has reported. | |||
| read more | |||
| Kuwait banks drag stock market gauge lower | |||
| February 01, 2012--Kuwait: The KSE Market Index slipped 0.22% to 5,865.4 points. While shares of National Bank of Kuwait ended even, | |||
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| Qatar General Insurance and Reinsurance dips, releases 2011 results | |||
| February 02, 2012--The Qatar Exchange (QE) Index advanced 0.80% to reach 8,636.37 points, as shares gained across the board. Qatar Islamic Bank or QIB gained one per cent. | |||
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| Etisalat shares add slightly, as firms comments on potential Africa tower sale, India judgment | |||
| February 02, 2012--The Abu Dhabi market measure ADX General Index (ADXGI) advanced 0.43% to reach 2,476.62, Real estate firms Aldar and Sorouh both closed flat. Abu Dhabi National Energy Co., known as Taqa surged 2.50%. Market bellwether Emirates Telecommunications or Etisalat (Arabic for connections) added 0.10%. | |||
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| NASDAQ Dubai: DP World shares knock at $11.00 | |||
| February 02, 2012--The FTSE NASDAQ Dubai UAE 20 Index closed flat at 1493.050 today. Market bellwether DP World rose 1.29% to close at $10.99 as 3.5m DPW stocks were traded. | |||
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| Egypt bourse shockwaves felt at Dubai Financial Market | |||
| February 02, 2012--The DFM General Index dipped 1.21%, closing at 1,435.96 points as the Egyptian Exchange dived over two per cent Thursday on fears the military could reinstate the martial law after riots in a Port Said football stadium left more than 70 dead yesterday evening. | |||
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| S&P affirms Dubai's DIFC Investments credit ratings | |||
| February 02, 2012--Dubai-based DIFC Investments’ 'B+' long-term and 'B' short-term corporate credit ratings have been affirmed by Standard & Poor's Ratings Services, Reuters has reported. The outlook for the real estate and financial investments group remains ‘Negative,’ S&P said. | |||
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| Saudi Arabia's Emaar The Econonomic City rises to seven-month high | |||
| February 01, 2012--Bullish prospects for the Saudi stock market in 2012 keep the Riyadh-based Tadauwul market index on rising. | |||
| read more | |||
| Dubai Market hits four-month high as trading volumes continue to rise | |||
| February 01, 2012--The Dubai equity market gauge DFMGI closed 1.24% higher at 1,453.53 points. Emaar Properties pushed 2.19% up, ending at Dhs2.80. Arabtec Construction soared fiver per cent. In the least four weeks, Arabtec shares increased their value by over a fourth. District cooling producer Tabreed fell half a per cent to close at Dhs0.54. | |||
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| Egypt money supply tipped 6.7% last year | |||
| February 01, 2012--The Egyptian central bank has said the country’s M2 money supply rose by 6.7% in the year to the end of December, Reuters has reported. | |||
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| Iran grain shipments stranded due to sanctions, 400,000 tonnes | |||
| February 01, 2012--Around 400,000 tonnes of grain have been held up on at least 10 ships outside Iranian ports for as long as three weeks as the result of the European Union sanctions, Reuters has reported, citing trade sources. | |||
| read more | |||
| Iran reserves total $120 billion cash, 907 tons of gold | |||
| February 01, 2012--The chairman of the Tehran Chamber of Commerce announced Iran has $120bn in foreign exchange reserves and possesses 907 tonnes in gold reserves, | |||
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| Tadawul market adds 3.25% in January | |||
| January 31, 2012--The Saudi Arabian Tadauwul All Share Index advanced one per cent Tuesday, closing at 6,626.04 points. Market bellwether Sabic added likewise one per cent. | |||
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| Saudia Dairy & Foodstuff Co. advances on land ownership registration in Riyadh | |||
| January 30, 2012--Saudi Arabia's Tadawul market index continued its step-by-step rise, climbing 0.10% higher at 6,560.25 points. | |||
| read more | |||
| DP World, Damas advance at NASDAQ Dubai | |||
| January 30, 2012--The FTSE NASDAQ Dubai UAE 20 Index closed at 1442.66 up half a per cent from the previous close. | |||
| read more | |||
| Al Khaliji Holding gains as net profit increases slightly | |||
| January 30, 2012--The Qatar Exchange (QE) Index closed 0.61% higher at 8,491.56 points as shares gained across the board. | |||
| read more | |||
| Kuwait's Al Dar National Real Estate Co. rises to ten-week high | |||
| January 30, 2012--The KSE Market Index advanced 0.13% to reach 5,865.4 points, as banks, investment firms and dvelopers pushed the measure slightly higher. | |||
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| Dana Gas share of the day, as Sharjah-based energy giant's profit soars 220% | |||
| January 30, 2012--The Abu Dhabi market gauge slipped 0.45%, closing at 2,421.68 points, as market bellwether Etisalat fell 0.60%. Dana Gas was the most liquid share, adding 2.70%. | |||
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| Egypt's external debt climbs to $34.9bn | |||
| January 29, 2012--The central bank of Egypt has said the country's external debt has reached $34.9bn at the end of the 2010-11 financial year, up by $1.2bn on the year before, Ahram has reported. | |||
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| Maple extends TMX takeover bid to February 29 | |||
| January 31, 2012--The Canadian group bidding for the country's biggest stock exchange extended its offer for another month on Tuesday and said it has made suggestions to ease regulatory concerns about any lack of competition that would result if its bid succeeds. | |||
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| National Income and Product Accounts Gross Domestic Product, 4th quarter and Annual 2011 (advance estimate) | |||
| February 1, 2012--Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 2.8 percent in the fourth quarter of 2011 (that is, from the third quarter to the fourth quarter), according to the "advance" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 1.8 percent. | |||
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| Treasury Announces Marketable Borrowing Estimates | |||
| January 30, 2012--The U.S. Department of the Treasury today announced its current estimates of net marketable borrowing for the January – March 2012 and the April - June 2012 quarters: | |||
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| European Council-The fiscal compact ready to be signed | |||
| January 30, 2012--At the informal summit on 30 January a new Treaty on Stability, Coordination and Governance in the Economic and Monetary Union was finalised by all EU member states with the exception of the United Kingdom and the Czech Republic. The Treaty aims to strengthen fiscal discipline through the introduction of more automatic sanctions and stricter surveillance, and in particular through the "balanced budget rule". | |||
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| IOSCO publishes principles on suspension of CIS redemptions | |||
| January 19, 2012--The Technical Committee of the International Organization of Securities Commissions (IOSCO) has published its final report, Principles on Suspensions of Redemptions in Collective Investment Schemes, which contains principles regarding the suspension of redemptions for open-ended collective investment schemes (CIS). | |||
| read more | |||
| Thomson Reuters Launches Fixed Income Global Snapshot To Provide Greater Transparency And Flexibility To Investors | |||
| January 23, 2012--Thomson Reuters today announced the launch of a new evaluated pricing capability, the Fixed Income Global Snapshot (FIGS). By re-evaluating all non US fixed income securities with updated benchmark curves and credit spreads at both 3pm and 4pm, Eastern Daylight Time. FIGS will provide investors with updated, accurate fixed income evaluations and transparency they need to meet regulatory requirements and have a full understanding of the risks associated with the investment process. | |||
| read more | |||
| European Hedge Funds Line Up Bets on China Downturn | |||
| January 16, 2012--European hedge fund managers are betting that China's once red hot economic growth will cool dramatically in 2012, hitting companies, economies and commodity prices that have been fuelled by the world's second largest economy in recent years. | |||
| read more | |||
| Japan's bankers join government in voicing Volcker rule concerns | |||
| January 19, 2012--The head of Japan's main banking lobby group said Thursday his association will send a letter to the U.S. government expressing concern about the possible impact of the Volcker Rule on trading in Japanese government bonds, following similar worries raised by Japan's Financial Services Agency and the Bank of Japan. | |||
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| State Street Global Advisors Introduces the First Emerging Asia Pacific Small Cap Exchange Traded Fund | |||
| January 12, 2012 — State Street Global Advisors (SSgA)*, the asset management business of State Street Corporation (NYSE: STT), today announced that the SPDR® S&P® Small Cap Emerging Asia Pacific ETF (Symbol: GMFS) began trading on the NYSE Arca on January 12, 2012. | |||
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| ETF Securities bidding 'gone quiet' | |||
| December 14, 2011--Industry experts say ETF Securities will struggle to find a buyer, with private-equity firms and asset managers unlikely to fall over themselves to snap up the provider. | |||
| read more | |||
| Where Best to Compare ETFs | |||
| January 7, 2012--Two Websites ace the data you need to compare exchange-traded funds: XTF and ETFdb have the sharpest tools in the drawer—including illustrated tools that let you search by geographic reach. | |||
| read more | |||
| SEC CF Disclosure Guidance-European Sovereign Debt Exposures | |||
| January 6, 2012--Summary: This guidance provides the Division of Corporation Finance’s views regarding disclosure relating to registrants’ exposures to certain European countries. | |||
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| Statement by Atsushi Saito with regard to today's system failure | |||
| February 2, 2012--We sincerely appreciate your support.
We deeply apologize to our market users, particularly investors for any inconvenience which may have been caused due to the failure of our information distribution system on February 2nd, 2012. | |||
| read more | |||
| Global X files with the SEC | |||
| February 3, 2012--Global X has filed a post-effective amendment, registration statement with the SEC for the Global X Permanent ETF. | |||
| read more | |||
| AXA IM hires Lyxor chief executive Laurent Seyer | |||
| February 2, 2012--AXA Investment Managers has hired Laurent Seyer as global head of investment solutions. | |||
| read more | |||
| Commodity Futures Trading Commission and Securities and Exchange Commission Release Joint Report to Congress on International Swap Regulation | |||
| February 2, 2012--The Commodity Futures Trading Commission and the Securities and Exchange Commission delivered to Congress a report on international swap regulation, as required by Section 719(c) of the Dodd-Frank Wall Street Reform and Consumer Protection Act. | |||
| read more | |||
| United States Commodity Funds files with the SEC | |||
| February 2, 2012- United States Commodity Funds, LLC has filed a Amendment No.1 to Form S-1 with the SEC for the United States Asian Commodities Basket Fund. | |||
| read more | |||
| WisdomTree files with the SEC | |||
| January 30, 2012--WisdomTree has filed a amendment no. 1 to Form S-1 with the SEC. | |||
| read more | |||
| SEC Filing- SPDR S&P 500 ETF TRUST | |||
| January 25, 2012--A post-effective amendment, registration statement has been filed for the SPDR S&P 500 ETF TRUST. | |||
| read more | |||
| iShares files with the SEC-iShares Morningstar Multi Asset High Income Index Fund | |||
| February 2, 2012--iShares has filed a post-effective amendment, registration statement with the SEC for the iShares Morningstar Multi Asset High Income Index Fund. | |||
| read more | |||
| Van Eck files with the SEC | |||
| February 1, 2012--Van Eck has filed a post-effective amendment, registration statement with the SEC for International High Yield Bond ETF. | |||
| read more | |||
| WisdomTree files with the SEC | |||
| February 1, 2012--WisdomTree has filed a post-effective amenment, registration statement with the SEC for the WisdomTree China Dividend ex-Financials Fund. | |||
| read more | |||
| PowerShares files with the SEC | |||
| February 02, 2012--PowerShares has filed a post-effective amendment, registration statement with the SEC. This filing relates solely to the following series of the Registrant: PowerShares S&P International Developed Low Volatility Portfolio PowerShares S&P Emerging Markets Low Volatility Portfolio. | |||
| read more | |||
| iShares files with the SEC-iShares Utilities Sector Bond Fund | |||
| January 31, 2012--iShares has filed a post-effecrive amendment, registration statement with the SEC for the iShares Utilities Sector Bond Fund. | |||
| read more | |||
| iShares files with the SEC-iShares Industrials Sector Bond Fund | |||
| January 31, 2012--iShares has filed a post-effecrive amendment, registration statement with the SEC for the iShares Industrials Sector Bond Fund. | |||
| read more | |||
| iShares files with the SEC-iShares Financials Sector Bond Fund | |||
| January 31, 2012--iShares has filed a post-effecrive amendment, registration statement with the SEC for the iShares Financials Sector Bond Fund. | |||
| read more | |||
| iShares files with the SEC-iShares Barclays U.S. Treasury Bond Fund | |||
| January 31, 2012--iShares has filed a post-effecrive amendment, registration statement with the SEC for the iShares Barclays U.S. Treasury Bond Fund. | |||
| read more | |||
| iShares files with the SEC-iShares Aaa - A Rated Corporate Bond Fund | |||
| January 31, 2012--iShares has filed a post-effecrive amendment, registration statement with the SEC for the iShares Aaa - A Rated Corporate Bond Fund. | |||
| read more | |||
| iShares files with the SEC | |||
| January 31, 2012--iShares has filed a post-effecrive amendment, registration statement with the SEC for the iShares Barclays CMBS Bond Fund. | |||
| read more | |||
| Mirae Asset TIGER ETF Series – Asian Sectors Expands Investment Opportunities in Asia | |||
| January 27, 2012 – Mirae Asset Global Investments (Hong Kong) Limited (“Mirae Asset”) today launched seven new Exchange Traded Funds (ETFs) in its Mirae Asset TIGER ETF Series to help investors target their investments in Asian sectors and global consumer trends. The ETFs include: Mirae Asset TIGER S&P Emerging Asia Consumer ETF (Stock Code: 3054.HK) Mirae Asset TIGER S&P Global Consumer Brands ETF (Stock Code: 3056.HK) Mirae Asset TIGER S&P Asia ex JANZ Financials ETF (Stock Code: 3064.HK) | |||
| read more | |||
| DB - Equity Research - Asia Pacific ETF Weekly Review: ETP AUM keeps moving closer to $100bn on bull markets | |||
| January 30, 2012--Market Review Equity markets continued to remain in positive territory last week. From north to south, Japan (Nikkei 225) gained 0.85%, Korea (KOSPI2) increased by 0.79%, Hong Kong (HSI) climbed by 1.95%, Singapore (FSSTI) rose by 2.35% and Australia (S&P/ASX 200) grew by 1.15% over the previous week. Stock exchanges in China remained closed during last week due to public holidays. | |||
| read more | |||
| New SPDR equity index ETF launched on Xetra | |||
| ETF focuses on US mid-caps
January 31, 2012--Xetra/FWB: A further exchange-listed equity index fund issued by SPDR (State Street Global Advisors) has been tradable on Xetra® since Tuesday. ETF name: SPDR S&P 400 US Mid Cap ETF Asset class: equity index ETF | |||
| read more | |||
| DB Global Equity Research: US ETF Market Weekly Review:Strong inflows continue – another $6.7bn added last week | |||
| January 30, 2012--Net Cash Flows Review Equity markets were able to maintain their winning streak during last week. The US (S&P 500) was slightly positive (0.07%); while other developed and emerging markets outside the US did much better (mostly aided by USD weakness); the MSCI EAFE (in USD), and the MSCI EM (in USD) were up by 1.6% and 2.2% during the week, respectively. | |||
| read more | |||
| Euro area economic and financial developments by institutional sector | |||
| January 30, 2012--In the third quarter of 2011, the annual growth rate1 of net disposable income in the euro area decreased to 3.2%, compared with 3.5% in the second quarter of 2011 (see Annex, Table 1). The annual growth rate of final consumption in the euro area decreased to 2.1% in the third quarter from 2.7% in the second quarter. The annual growth rate of gross fixed capital formation decreased to 3.1% in the third quarter of 2011, (2011Q2: 3.4%). | |||
| read more | |||
| XTF Capital launching seven new ETFs | |||
| January 31, 2012--XTF Capital, the exchange traded fund division of First Asset, has announced plans to launch seven new ETFs based on the Morningstar research. | |||
| read more | |||
| Dow Jones Indexes named “Best Islamic Index Provider of the Year in Malaysia” by Asia Asset Management | |||
| 2012 Honour Marks the 28th Industry Award For Dow Jones Islamic Market Indexes Since its 1999 Launch
January 31, 2012--Dow Jones Indexes, a leading global index provider, today announced it has been named “Best Islamic Index Provider in Malaysia” by Asia Asset Management, adding to the list of awards bestowed upon the Dow Jones Islamic Market Indexes in 2011. | |||
| read more | |||
| MTS Licenses Amundi ETF for EuroMTS Highest-Rated Government Bond Indices | |||
| Amundi ETF launches an ETF on 1-3 years maturity Index
Demonstrates continued confidence in accuracy and reliability of MTS Indices January 31, 2012-- MTS, Europe’s premier facilitator for the European electronic fixed income market, announced today that is has granted a licence to Amundi ETF(1) to create an ETF based on its EuroMTS Highest-Rated 1-3 years Government Bond Index. | |||
| read more | |||
| The fiscal compact ready to be signed-European Council | |||
| January 31, 2012--At the informal summit on 30 January a new Treaty on Stability, Coordination and Governance in the Economic and Monetary Union was finalised by all EU member states with the exception of the United Kingdom and the Czech Republic. The Treaty aims to strengthen fiscal discipline through the introduction of more automatic sanctions and stricter surveillance, and in particular through the "balanced budget rule". | |||
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| TSE has published the index value of TSE Home Price Index for November. | |||
| January 31, 2012--TSE has published the index value of TSE Home Price Index for November on January 31, 2012. The index value of TSE Home Price Index (Used Condominium, Composite of Tokyo Metro Area) is 78.58 points. The index value of TSE Home Price Index (Used Condominium, Tokyo) is 81.98 points. | |||
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| Start of trading in two new ETFs on BM&FBOVESPA | |||
| February 1, 2012--Two new Exchange traded funds (ETFs) are available for trading on BM&FBOVESPA. One of the funds, the IT Now Idiv Index Fund, tracks the Dividend Index (IDIV), which measures the performance of shares in companies that have the largest remuneration for investors, in dividends and interest on own capital. | |||
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| "Where Are We? And Where Should We Be? Thoughts On MF Global And High Frequency Trading” | |||
| Address By CFTC Commissioner Scott D. O’Malia At The Center On Financial Services Law Of New York Law School
January 31, 2012--Introduction Ron, thanks for that introduction and thanks for inviting me to speak today. | |||
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| ESMA outlines future regulatory framework for ETFs and other UCITS issues | |||
| January 30, 2012--ESMA publishes today a consultation paper (ESMA/2012/44) setting out future guidelines on UCITS Exchange-Traded Funds (UCITS ETFs) and other UCITS-related issues. The proposals cover both synthetic and physical UCITS ETFs and detail the obligations to come for UCITS ETFs, index-tracking UCITS, efficient portfolio management techniques, total return swaps and strategy indices for UCITS. | |||
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| Placemark Investments Launches ETF Investment Strategist Center | |||
| Financial Advisors Gain Access to Third-Party ETF Managers Listed in iShares Guide
January 30, 2012--Placemark Investments announced today that they have launched a new service to help investment advisors gain access to the broadest universe of third-party exchange-traded fund (ETF) portfolios in the marketplace. | |||
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| Swap-based ETF issuers breathe sigh of relief at new rules | |||
| January 31, 2012--Swap-based exchange traded fund (ETFs) providers have welcomed the new draft rules from the European regulator which have not singled out synthetic ETFs as many feared. | |||
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| Six new Lyxor equity index ETFs launched on Xetra-Lyxor ETF covers Thailand SET 50 Index | |||
| January 24, 2012--Deutsche Börse continues to expand its XTF segment for exchange-traded index funds. Six new Lyxor equity index ETFs have been tradable in the XTF segment since Tuesday.
The Lyxor ETF Thailand SET 50 Net TR gives investors the opportunity to participate in the performance of Thailand’s 50 largest and most liquid companies. | |||
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| Industry participants have developed common standards that will restore post-trade transparency in the European equity markets. | |||
| January 24, 2012--Market Model Typology (MMT) A broad spectrum of the industry (exchanges, BATS Chi-X Europe, Markit Boat and the main data vendors: Thomson Reuters, Bloomberg, Fidessa, NYSE Technologies and SIX Telekurs) have been working for most of this year to achieve a practical and common solution for standards on post-trade equity data. | |||
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| BATS Exchange Launches First Primary Listing With iShares ETF Today - New iShares ETFs Begin Trading On BATS Exchange This Week | |||
| New iShares ETFs Begin Trading on BATS Exchange This Week
January 24, 2012 -BATS Global Markets (BATS), a global operator of stock and options markets, today announced the iShares MSCI Norway Capped Investable Market Index Fund (BATS: ENOR) will begin trading today on BATS Exchange, the first of nine new exchange traded funds (ETFs) sponsored by BlackRock, Inc.’s (NYSE: BLK) iShares® ETF business scheduled to commence trading on the Exchange beginning this week. | |||
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| db X-trackers listet ersten ETF auf S&P 500® Equal Weight Index und ETF auf österreichischen Markt | |||
| 25. Januar 2012--db X-trackers, Deutsche Bank Exchange Traded Funds (ETFs), hat heute den ersten ETF an der Deutschen Börse auf den S&P 500® Equal Weight Index gelistet. Der S&P 500® Equal Weight Index bildet die Entwicklung der 500 größten Unternehmen des US-Aktienmarktes ab, die an den Börsen NYSE Euronext oder Nasdaq OMX gelistet sind. Jedoch sind beim Equal Weight Index alle Bestandteile annähernd gleich gewichtet. | |||
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| New iShares ETFs promise better commodity returns | |||
| January 24, 2012--BlackRock has expanded its range of exchange traded funds linked to commodities with four new iShares ETFs that aim to deliver more efficient exposures to agriculture, energy, industrial metals and the broad commodities market. | |||
| read more | |||
| iShares files with the SEC-iShares Emerging Markets High Yield Bond Fund | |||
| January 30, 2012--iShares has filed a post-effective amendment, registration statement with the SEC for the iShares Emerging Markets High Yield Bond Fund. | |||
| read more | |||
| iSHares files with the SEC-iShares Emerging Markets Corporate Bond Fund | |||
| iShares has filed a post-effective amendment, registration statement with the SEC for the iShares Emerging Markets Corporate Bond Fund. | |||
| read more | |||
| iShares files with the SEC-iShares Baa - Ba Rated Corporate Bond Fund | |||
| January 30, 2012--iShares has filed a post-effective amendment, registration statement with the SEC for the iShares Baa - Ba Rated Corporate Bond Fund. | |||
| read more | |||
| iShares files with the SEC-iShares B - Ca Rated Corporate Bond Fund | |||
| January 30, 2012--iShares has filed a post-effective amendment, registration statement with the SEC for the iShares B - Ca Rated Corporate Bond Fund. | |||
| read more | |||
| Van Eck files with the SEC-International US$ High Yield Bond ETF | |||
| January 30, 2012--Van Eck has filed a post-effective amendment, registration statement with the SEC for the International US$ High Yield Bond ETF. | |||
| read more | |||
| Van Eck files with the SEC-Fallen Angel US$ Bond ETF | |||
| January 30, 2012--Van Eck has filed a post-effective amendment, registration statement with the SEC for the Fallen Angel US$ Bond ETF. | |||
| read more | |||
| Van Eck files with the SEC-Global Fallen Angel Bond ETF | |||
| January 30, 2012--Van Eck has filed a post-effective amendment, registration statement with the SEC for the Global Fallen Angel Bond ETF. | |||
| read more | |||
| Van Eck files with the SEC-Global High Yield US$ Bond ETF | |||
| January 30, 2012--Van Eck has filed a post-effective amendment, registration statement with the SEC for the Global High Yield US$ Bond ETF. | |||
| read more | |||
| Van Eck files with the SEC-Global High Yield Bond ETF | |||
| January 30, 2012--Van Eck has filed a post-effective amendment, registration statement with the SEC for the Global High Yield Bond ETF. | |||
| read more | |||
| Van Eck files with the SEC | |||
| January 30, 2012-Van Eck has filed a post-effective amendment, registration statement with the SEC for the Emerging Markets US$ High Yield Bond ETF. | |||
| read more | |||
| DBX files with the SEC | |||
| January 30, 2012--DBX Advisors has filed an application for exemptive relief with the SEC. | |||
| read more | |||
| AdvisorShares files with the SEC | |||
| January 30, 2012--AdvisorShares has filed a post-effective amendment no.44, registration statement with the SEC for the AdvisorShares Global Alpha & Beta ETF. | |||
| read more | |||
| PowerShares files with the SEC | |||
| January 30, 2012--Invesco PowerShares has filed a post-effective amendment no. 11 to Form S-6 with the SEC for the BLDRS INDEX FUNDS TRUST BLDRS ASIA 50 ADR INDEX FUND BLDRS DEVELOPED MARKETS 100 ADR INDEX FUND | |||
| read more | |||
| PowerShares files with the SEC | |||
| January 30, 2012-Invesco PowerShares has filed a post-effective amendment no. 19 to Form S-6 with the SEC for the POWERSHARES QQQ. | |||
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| European regulator clamps down on ETF practices | |||
| January 30, 2012--The European Securities and Markets Authority (ESMA) has revealed the future of regulation for ETFs in Europe, calling for products to be labelled and more stringent collateral practices. | |||
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| D. Boerse regulator says has concerns over NYSE deal | |||
| January 30, 2012--Deutsche Boerse's home regulator, the Hessian Minister of Economics, said the German exchange operator has failed to address concerns about the proposed takeover of NYSE Euronext , throwing up another hurdle to the deal. | |||
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| UK backtracks on EU plan for new trading platform | |||
| January 30, 2012---Britain signalled a retreat on Monday over a new breed of trading platform in the European Union, reversing its earlier opposition though still urging tweaks to avoid damaging markets. | |||
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| CFTC to Examine Rapid Trading | |||
| January 31, 2012--The Commodity Futures Trading Commission is planning to take a closer look at high-frequency trading, with an eye on getting a clearer understanding of how electronic trading affects commodities markets and participants. | |||
| read more | |||
| ETF-Based Strategies Grew 43% as Investors Avoid Active Funds | |||
| January 23, 2012-- Money overseen by U.S. investment managers who buy exchange-traded funds instead of individual stocks and bonds rose by 43 percent in the last year, even faster than the growth for ETFs, according to a report from Morningstar Inc. | |||
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| Expense ratio changes for 27 Vanguard ETFs® | |||
| January 20, 2012--In December 2011, Vanguard filed annual prospectus updates for 27 ETFs that had changes in their stated expense ratios. Eight of the ETFs had expense ratios that increased, while the remaining 19 ETFs had a decrease. | |||
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| Dubai Mercantile Exchange Grows Trading Volumes by 19% in 2011 | |||
| Janauary 18, 2012--The Dubai Mercantile Exchange Limited (“DME”) recorded year-on-year trading volume growth of 19% in 2011, it announced today. | |||
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| SGX gets U.S. CFTC approval for FTSE China A50 and MSCI Asia APEX 50 futures contracts | |||
| January 30, 2012--Singapore Exchange (SGX) today said U.S. investors can now directly trade its FTSE China A50 and MSCI Asia APEX 50 futures contracts from within the U.S. | |||
| read more | |||
| Standard & Poor's Announces Changes In The S&P/TSX Canadian Indices | |||
| January 30, 2012--Standard & Poor's will make the following changes in the S&P/TSX Canadian Indices: The unitholders of Canmarc REIT (TSX:CMQ.UN) have approved the acquisition of the company by Cominar REIT (TSX:CUF.UN). | |||
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| iShares Launches Three New International ETFs | |||
| January 17, 2012--Despite a rash of ETF closures at the end of 2011, many issuers are once again launching new products to the public in hopes of capturing more assets. | |||
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| Morgan Stanley-ETF Weekly Update | |||
| January 30, 2012--Weekly Flows: $6.6 Billion Net Inflows
ETF Assets Stand at $1.1 Trillion, up 9% YTD 9 ETF Launches Last Week Van Eck Announces Share Splits on Five ETFs | |||
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| Morgan Stanley-ETF Weekly Update | |||
| January 23, 2012--US ETF Weekly Update
Weekly Flows: $10.0 Billion Net Inflows Only 10% of ETFs Posted Net Outflows Last Week ETF Assets Stand at $1.1 Trillion, up 6.7% YTD 2 ETF Launches Last Week | |||
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| Morgan Stanley-ETF Weekly Update | |||
| January 17, 2012--US ETF Weekly Update
Weekly Flows: $6.9 Billion Net Inflows ETF Assets Stand at $1.1 Trillion, up 3.5% YTD SPDR S&P 500 ETF (SPY) Short Interest Declined $17.2 Bln Since Last Reported 12 ETF Launches Last Week | |||
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| Aussie ETF inflows top $500 million | |||
| January 17, 2012--While the general equity markets dropped significantly over the course of 2011, Australian exchange traded fund (ETF) net inflows have topped $500 million.? | |||
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| Home / China Daily / IP Special Securities regulator to relax rules on listing | |||
| January 17, 2012--The mainland's securities regulator plans to relax controls on Hong Kong and overseas listings for mainland companies and will push for issues of yuan-denominated shares in the offshore yuan market, China Securities Regulatory Commission (CSRC) Vice-Chairman, Yao Gang, said on Monday. "Current H-share listing rules were set more than a decade ago, and there haven't been changes throughout these years," Yao said. | |||
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| Fünf Jahre db X-trackers –Innovationen und Transparenz als Basis für weiteres Wachstum | |||
| January 17, 2012--db X-trackers, die Deutsche Bank Exchange Traded Funds (ETFs), hat heute vor fünf Jahren die ersten ETFs aufgelegt. Aus Anlass des fünfjährigen Bestehens zieht Thorsten Michalik, Leiter von db X-trackers ETFs der Deutschen Bank, eine positive Bilanz: „db X-trackers wurde mit dem Ziel gegründet, ETFs aufzulegen, die ihre Indizes exakt und kostengünstig abbilden und neue Anlageklassen zugänglich machen. | |||
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| FactorAdvisors files with the SEC | |||
| January 27, 2012--FactorAdvisors has filed a first amended and restated application for exemptive relief with the SEC. | |||
| read more | |||
| Deutsche Börse increases market quality with new Top of the Book Order | |||
| January 20, 2012--The new Top of the Book Order is Deutsche Börse's contribution to a higher market quality. The order type narrows the order book spread and is beneficial for the entire market.
Technically it was implemented with Xetra Release 12.0 and there already is huge interest from trading participants. | |||
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| 16 new Commerzbank ETCs launched on Xetra | |||
| ETCs track the positive and inverse performance of oil, gas and copper with leverage factors Janaury 23, 2012--16 new exchange-traded commodities (ETCs) issued by Commerzbank AG have been tradable on Xetra since Monday. The new exchange traded commodities enable investors to participate in the performance of oil, gas and copper. The underlying indices for oil and gas track both the positive and the inverse performance, with a leverage factor of either three or four. | |||
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| Dubai Gold & Commodities Exchange Weekly Market Commentary | |||
| January 29, 2012--Economic Data Overview The coming week presents a fairly steady flow of economic data releases, but only a few are likely to grab market attention ahead of the key payroll data on Friday. | |||
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| Dubai Gold & Commodities Exchange Weekly Market Commentary | |||
| January 22, 2012--Economic Data Overview The highlight of the US economic data releases for the coming week will probably be the preliminary numbers for fourth quarter GDP on Friday. | |||
| read more | |||
| Vanguard overcomes delays to launch first ETPs in Europe | |||
| January 27, 2012--Vanguard is set to list its first exchange-traded products in Europe following delays with regulators and concerns about market conditions for launch, Portfolio Adviser understands. | |||
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| European Parliament-Mixed verdict on credit rating agency reform proposals | |||
| January 24, 2012--Stepping up supervision of credit rating agencies could help to eliminate their conflicts of interest, but obliging companies to "rotate" their use of them could actually reduce competition among agencies, argued experts at a public hearing held by the Economic and Monetary Affairs Committee on Monday and Tuesday. | |||
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| Dow Jones Indexes To Launch The Dow Jones LSP Position Sizing Equal Sector U.S. Large-Cap 50 Index | |||
| New Gauge is the First in Dow Jones LSP Position Sizing Indexes Series
Index Methodology is Based on LSP Partners’ Proprietary Investment Strategy Created by Noted Risk-Management Expert and Author, Ralph Vince January 23, 2012-- Dow Jones Indexes, a leading global index provider, today announced the launch of the Dow Jones LSP Position Sizing Equal Sector U.S. Large-Cap 50 Index, the first in the new Dow Jones LSP Position Sizing Indexes series. | |||
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| Germany Poised to Woo U.K. With Transaction Tax Alternative | |||
| January 26, 2012--Germany is preparing plans for a form of European stamp duty on shares linked to tougher trading rules as an alternative to a financial-transaction tax, as it seeks to win U.K. support for a European Union-wide levy. | |||
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| 2011 WFE Market Highlights | |||
| January 19, 2012--2011 equity volumes remained stable despite a fall in market capitalization. Derivatives, bonds, ETFs, and securitized derivatives continued to grow strongly. | |||
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| Vanguard calls for clarity on fund fees | |||
| January 25, 2012--The fund management industry must accept the need for change, says Tom Rampulla, managing director of Vanguard UK. In particular, he called for transparency and clarity on fees, as only if investors have that information can they make an informed decision on investments. | |||
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| Two new db X-trackers equity index ETFs launched on Xetra | |||
| First ETF to cover S&P Equal Weight Index January 25, 2012-Two new equity index ETFs issued by db X-trackers have been tradable in Deutsche Börse’s XTF segment since Wednesday. ETF name: db X-trackers S&P Equal Weight ETF Asset class: equity index ETF ISIN: LU0659579493 | |||
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| Gross Domestic Product Preliminary Estimate - Q4 2011 | |||
| Key Points Updated 25/1/2012 - Correction Note: A production error was discovered in the GDP preliminary estimate Q4 2011, originally published at 9.30am on 25th January 2012. The series affected are the 2011 annual pounds million level (ABMI), and the annual index level (YBEZ). All associated growth rates were correct at the time of publishing, and the error has now been corrected. The chained volume measure of GDP decreased by 0.2 per cent in the fourth quarter of 2011 | |||
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| IOSCO Publication: Follow-On Analysis To The Report On Trading Of OTC Derivatives | |||
| January 25, 2012--Executive Summary This Follow-On Analysis to the Report on Trading1 (Follow-On Report) describes the different types of trading platforms currently available for the execution of OTC derivatives transactions in IOSCO member jurisdictions. Where possible, it also notes the differences relating to participant, product and geographic coverage. | |||
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| UK moves closer to second recession as economy shrinks 0.2% | |||
| Drop in manufacturing output dents hopes UK can avoid slump
Data reinforces expectations of new round of QE Chancellor says government will not change fiscal plans January 25, 2012--Britain has moved closer to its second recession in three years after official figures showed the UK economy contracted by 0.2% in the last three months of 2011. | |||
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| Deutsche Börse launches algo news feed in Brazil | |||
| Availability in Sao Paulo data center marks expansion of “AlphaFlash” into Latin America January 25, 2012--Deutsche Börse – Market Data & Analytics has launched “AlphaFlash”, its algorithmic news feed, in a data center in Sao Paulo. The feed is available now in Brazil, marking AlphaFlash’s official expansion into South America. | |||
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| U.S. Federal Reserve Issues FOMC statement | |||
| January 25, 2012--Information received since the Federal Open Market Committee met in December suggests that the economy has been expanding moderately, notwithstanding some slowing in global growth. While indicators point to some further improvement in overall labor market conditions, the unemployment rate remains elevated. | |||
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| Federal Reserve Issues FOMC Statement Of Longer-Run Goals And Policy Strategy | |||
| January 25, 2012--Following careful deliberations at its recent meetings, the Federal Open Market Committee (FOMC) has reached broad agreement on the following principles regarding its longer-run goals and monetary policy strategy. The Committee intends to reaffirm these principles and to make adjustments as appropriate at its annual organizational meeting each January. | |||
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| Standard & Poor's Announces Changes In The S&P/TSX Canadian Indices | |||
| January 25, 2012--Standard & Poor's will make the following changes in the S&P/TSX Canadian Indices: The shareholders of Minera Andes Inc. (TSX:MAI) and US Gold Corp. (NYSE:UXG) have approved the business combination between the two companies. | |||
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| EEX Opens Office In Brussels - Energy Commissioner Günther Oettinger Welcomes EEX To Brussels – Political Presence At The European Level Expanded | |||
| January 25, 2012--Yesterday, the European Energy Exchange (EEX) officially opened its political representation in Brussels with a New Year reception. | |||
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| How Much Did Investors Take Out of Europe Last Year? | |||
| January 27, 2012--European investors fled a range of long-term investment funds in December 2011, capping a bad year for the fund management industry as a whole, research published on Thursday revealed. | |||
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| Market Vectors to Split Shares of Five Exchange-Traded Funds (ETFs) | |||
| Split covers ETFs launched following exchange offer of corresponding Merrill Lynch HOLDRS®
January 27, 2012 – Market Vectors announced today that the Board of Trustees of the Market Vectors ETF Trust has approved share splits for five recently introduced Market Vectors exchange-traded funds (ETFs). | |||
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| Industry looks on the bright side of Esma clampdown | |||
| January 26, 2012-- Providers of exchange traded funds are hopeful that a heightened focus on products from Europe’s regulators will help, not hinder, their usage. | |||
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| New Push For Bond ETFs in Down Under | |||
| January 29, 2012--Australian retail investors seeking fixed income products have traditionally had a limited range of choices, but a recent regulatory change to allow fixed income exchange traded funds on to the Australian Securities Exchange (ASX) could be a significant boost to the asset class, the FT reports. | |||
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| Why you shouldn't blame ETFs for wild markets | |||
| January 27, 2012--Critics say the popular funds are causing stocks to swing wildly together. Finding proof is another matter. | |||
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| CBOE to launch trading in CBOE Emerging Markets ETF Volatility Index Options on January 31 | |||
| Jamuary 24, 2012--The Chicago Board Options Exchange (CBOE) announced today that it will begin offering trading in options on the CBOE Emerging Markets ETF Volatility Index (VXEEM) on Tuesday, January 31. | |||
| read more | |||
| SFC explains how credit rating affects issuance, trading of warrants, CBBCs | |||
| January 20, 2012--In the latest issue of InvestEd Intelligence, the Securities and Futures Commission (SFC) reminds those who invest in derivative warrants and callable bull/bear contracts (CBBCs) to stay abreast of the issuer’s credit worthiness and understand how a credit rating downgrade may affect their investments. | |||
| read more | |||
| KRX To List A 10-Year KTB ETF | |||
| January 18, 2012--The Korea Exchange, Inc. (KRX) is going to list KODEX 10-year KTB ETF, which starts trading from January 20, 2012. | |||
| read more | |||
| European repo market remains stable despite Eurozone difficulties, ICMA-ERC survey shows | |||
| January 18, 2012--The European Repo Council of the International Capital Market Association (ICMA) today released the results of its 22nd semi-annual survey of the European repo market, which took place in December 2011. The survey, which measures the amount of repo business outstanding on 7 December, sets the baseline figure for market size at EUR 6,204 billion. | |||
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| Testimony on "Examining the Impact of the Volcker Rule on Markets, Businesses, Investors and Job Creation" -by Mary L. Schapiro Chairman U.S. Securities and Exchange Commission | |||
| Before the Capital Markets and Government Sponsored Enterprises Subcommittee and Financial Institution and Consumer Credit Subcommittee of the U.S. House of Representatives Committee on Financial Services January 18, 2012--Chairmen Garrett and Capito, Ranking Members Waters and Maloney, and members of the Subcommittees: Thank you for the opportunity to testify regarding the Commission’s joint proposal with the Federal banking agencies to implement Section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act | |||
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| Swaps Dealers Will Spend $504 Million in 2012 to Create and Market Liquidity Aggregation Systems to Buy-Side Clients, Says TABB | |||
| Historical Data and First-Hand Accounts of Change in FX, US Treasuries and Institutional Equities Demonstrates How Technology and Regulation, or Lack Thereof, Will Cause Swaps Liquidity to Fragment
January 18, 2012--Despite the fact that swaps execution facilities (SEFs) don’t technically exist yet and swaps market liquidity isn’t fragmented today, swaps dealers tell TABB Group in a new research report that they intend to spend millions to create, implement and market swaps liquidity aggregation systems to their buy-side client base. | |||
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| EDHEC Case Studies and Risk Management in Commodity Derivatives Trading | |||
| January 23, 2012--Until recently, one could only gain expertise in commodity-derivatives relationships if one had worked in niche commodity-processor companies or in banks that specialised in hedging project risk for natural-resource companies. | |||
| read more | |||
| EEX to launch OTC Clearing for NBP Gas Futures on 29 February | |||
| January 18, 2012--The European Energy Exchange AG (EEX) will expand its product portfolio and offer clearing for bilaterally concluded transactions on the National Balancing Point (NBP) from 29 February 2012. | |||
| read more | |||
| Clearstream and Strate explore collateral management cooperation for South Africa | |||
| The two companies have entered into exclusive negotiations to explore the development of the new service for South Africa * Strate clients would benefit from a more efficient use of their domestic collateral * South Africa would be the third market, after Brazil and Australia, to use the Liquidity Hub GO outsourcing service from Clearstream January 18, 2012--On 18 January 2012, Clearstream and Strate, the South African central securities depository, signed a Letter of Intent (LOI) aimed at exploring a new triparty collateral management service for South Africa. | |||
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| Deutsche Börse acquires China Consumer Sentiment Survey | |||
| January 17, 2012--Deutsche Börse – Market Data & Analytics has acquired the China Consumer Sentiment Survey (CCSS), a leading indicator of consumer outlook across 30 major Chinese cities, from Intage Hyperlink Market Consulting (Shanghai) Co., Ltd. The deal closed on 30 December 2011 for an undisclosed amount of less than one million USD via Deutsche Börse subsidiary Market News International (MNI). | |||
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| SEC clears way for NYSE, Deutsche Boerse to merge | |||
| SEC approves exchange rule filings related to NYSE-Deutsche Boerse merger
Rule filings needed for change of exchanges' ownership to new parent European Union seen likely to block the deal on antitrust grounds January 18, 2012--The Securities and Exchange Commission on Wednesday approved the proposed merger of NYSE Euronext and Deutsche Boerse AG, adding to U.S. authorizations of a deal seen likely to be nixed by European Union regulators. | |||
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| Four new Lyxor commodity index ETFs launched on Xetra | |||
| ETFs cover inverse performance of agriculture and livestock, and industrial metals for the first time January 17, 2012--Deutsche Börse continues to expand its XTF segment for exchange-traded index funds. Four new Lyxor commodity index ETFs have been tradable in the XTF segment since Tuesday. | |||
| read more | |||
| WSE Introduces More Futures, Including Contracts on WSE Shares. | |||
| January 17, 2012--•On 23 January 2012, two more futures will be introduced to trading: contracts on shares of the Warsaw Stock Exchange and on shares of PBG SA. | |||
| read more | |||
| New iShares bond ETF launched on Xetra | |||
| January 16, 2012--A new bond ETF issued by iShares has been tradable in Deutsche Börse’s XTF segment since Monday. ETF name: iShares Barclays Capital US Aggregate Bond Asset class: bond index ETF ISIN: DE000A1JNCQ2 | |||
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| MFI statistics 2011: the number of monetary financial institutions in the euro area and in the EU decreases further | |||
| January 14, 2012--On 1 January 2011 the total number of monetary financial institutions (MFIs) [1] in the euro area stood at 7,865. There is a net decrease of 211 units (2.6%) in comparison with the situation a year ago. | |||
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| Statement of Dissent to the CFTC-SEC Report on International Swap Regulation Pursuant to Section 719(c) of the Dodd-Frank Act (the "Report") | |||
| January 23, 2012--The staff of the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) must be commended on their outreach with other international regulatory bodies to harmonize the new rules and regulations over the swaps markets. I am confident that this level of coordination and cooperation has never been achieved previously. | |||
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| Dubai bourse gains the second day amid rising turnover | |||
| ?January 23, 2012--The DFM General Index closed 0.46% higher at 1,340.70 points. Arabtec Construction (up four per cent at Dhs1.79) was the most liquid share, while Union Properties surged 3.64%, finishing at Dhs0.285. | |||
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| Etisalat shares consolidate above nine Dirham | |||
| ?January ?23, 2012--The Abu Dhabi market gauge ADXGI advanced half a per cent to reach 2,352.74 points. Market bellwether Emirates Telecommunications gained 0.33%, finishing at Dhs90.6. Dana Gas ended even at Dhs0.38. Abu Dhabi National Energy Co. or Taqa, the largest oil and gas commpany in the UAE, gained 1.69%. | |||
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| Qatar International Islamic Bank slips despite annual net profit jump | |||
| ?January ?23, 2012,--The QE Index in Doha fell 0.41% to 8,409.15 points. Qatar International Islamic Bank or QIIB declined to QR51.60 (off 1.71%). Earlier in the day, the Shari'ah-compliant bank said its net profit in 2011 was QR653m, a growth 17% percentage from the prior year. | |||
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| NASDAQ Dubai, DP World fluctuate slightly | |||
| ?January ?23, ?2012--The FTSE NASDAQ Dubai UAE 20 Index closed at 1369.50 today, down 0.05%, from the previous close. Bellwether DP World declined 0.85% to $10.51. | |||
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| Richard Jaycobs Named as Successor to Neal Wolkoff as CEO of ELX | |||
| January 20, 2012--ELX Futures, L.P. (ELX), a leading electronic futures exchange, announced today that veteran futures industry executive Richard Jaycobs will succeed Neal Wolkoff as Chief Executive Officer of ELX. | |||
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| Zain KSA surges to 14-week high | |||
| January ?23, ?2012--Lacklustre trading in Riyadh led the Saudi Tadawul measure increase by 0.15%, closing at 6,460.55 points. | |||
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| Fee Rate Advisory #5 for Fiscal Year 2012 | |||
| January 20, 2012 — The Securities and Exchange Commission today announced that on February 21, 2012 the fees rates applicable to most securities transactions will decrease from $19.20 per million dollars to $18.00 per million dollars. The assessment on security futures transactions will remain unchanged at $0.0042 for each round turn transaction. | |||
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| Wolkoff Announces Plans to Depart ELX Effective April 30 | |||
| January 20, 2012--Neal L. Wolkoff, Chief Executive Officer of ELX Futures, L.P. (ELX), today notified the ELX board of his resignation, effective April 30. | |||
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| U.S. Federal Reserve Releases Templates For Reporting FOMC Participants' Projections Of The Appropriate Target Federal Funds Rate | |||
| January 20, 2012--The Federal Reserve on Friday released blank templates showing the format of the two charts it will use on January 25 to report Federal Open Market Committee (FOMC) participants' projections of the appropriate target federal funds rate. It also released a draft of an explanatory note that will accompany the projections. | |||
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| Investors see Africa as most attractive destination - EIU poll | |||
| January 25, 2012--More than one in two institutional investors see Africa as the most attractive region to invest in the next decade, with one in three expecting to put at least 5 percent of their portfolios into the continent by 2016, a survey showed on Tuesday. | |||
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| CFTC.gov Commitments of Traders Reports Update | |||
| January 27, 2012--The current reports for the week of January 24, 2012 are now available. | |||
| read more | |||
| Fitch takes rating actions on 6 euro zone sovereigns | |||
| January 28, 2012--(The following statement was released by the rating agency)
Fitch Ratings has today concluded its review of the six eurozone sovereigns it placed on Rating Watch Negative (RWN) on 16 December 2011. | |||
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| Government publishes Financial Services Bill | |||
| January 27, 2012--The Government has today published legislation which will fundamentally transform and strengthen financial regulation in the United Kingdom, Financial Secretary to the Treasury, Mark Hoban, has announced. The new regime sets out a clear, coherent and comprehensive regulatory framework, replacing the uncertainty and inadequacy of the previous structure, and helping to mitigate against future risks to stability. | |||
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| SA stocks post 5th straight record close | |||
| January 23, 2012--South Africa’s All Share [JSE:J203] index posted fifth straight record closing high on Monday, while the benchmark Top 40 - (Tradeable) [JSE:J200] index posted its highest finish since May 2008. | |||
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| Rand, bonds gain on positive sentiment | |||
| January 23, 2012--South Africa’s rand gained against the dollar in afternoon trade on Monday, reversing earlier losses as exporters sold the greenback close to the R8 level and as investors hoped Greece would find a solution avoid a messy default. | |||
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| JSE extends gains to new highs | |||
| January 20, 2012--Johannesburg - South Africa’s All Share [JSE:J203] index added 0.35% on Friday, striking a fourth consecutive record close while the Top 40 - [JSE:J200] index booked its highest close in three-and-a-half years. | |||
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| Rand sees best week since Nov | |||
| January 20, 2012--South African market players dumped shorter-dated bonds on Friday for the long end of the curve after hawkish central bank comments on Thursday. | |||
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| SA stocks end at fresh record high | |||
| January 18, 2012--South Africa’s All Share [JSE:J203] index hit a fresh record high for the second straight day on Wednesday, edging up 0.4% to close at their highest ever, as investors continued to raise their stakes in miners Lonmin and other heavyweights. | |||
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| Rand retreats after hitting high | |||
| January 18, 2012--South African government bonds firmed on Wednesday, bringing yields down across the curve as the market trimmed its rate increase expectations after softer-than-expected data. | |||
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| JSE rises, eyes record high | |||
| January 16, 2012--South African stocks gained on Monday, with the All Share [JSE:J203] index hitting a record close as investors shrugged off a ratings outlook downgrade last week and focused on buying back oversold shares such as MTN . | |||
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| Rand recovers from rating hit | |||
| January 16, 2012--The rand firmed against the dollar on Monday as exporters took the chance to sell dollars after a sharp fall for the local currency in the previous session due to ratings agency Fitch’s downgrade of its outlook for the country. | |||
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| Economic Projections of Federal Reserve Board Members and Federal Reserve Bank Presidents, January 2012 | |||
| January 25, 2012--The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached table and charts summarizing the economic projections and the target federal funds rate projections made by Federal Reserve Board members and Federal Reserve Bank presidents for the January 24-25 meeting of the Committee. | |||
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| World Economic Outlook Update Global Recovery Stalls, Downside Risks Intensify | |||
| January 24, 2012--The global recovery is threatened by intensifying strains in the euro area and fragilities elsewhere. Financial conditions have deteriorated, growth prospects have dimmed, and downside risks have escalated. Global output is projected to expand by 3¼ percent in 2012 -a downward revision of about ¾ percentage point relative to the September 2011 World Economic Outlook (WEO). | |||
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| SA economy to muddle along in 2012 | |||
| January 24, 2012-- South Africa's economy will "muddle along" in 2012, economists said on Wednesday. | |||
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| World Bank-Global Economic Prospects 2012 | |||
| January 18, 2012—Developing countries should prepare for further downside risks, as Euro Area debt problems and weakening growth in several big emerging economies are dimming global growth prospects, says the World Bank in the newly-released Global Economic Prospects (GEP) 2012. | |||
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| SA loses mining allure - SAIRR | |||
| June 24, 2012--South Africa has become significantly less attractive as a mining investment destination since 2006, the SA Institute of Race Relations (SAIRR) said on Tuesday. | |||
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| Sarb index rise bodes well for economy | |||
| January 24, 2012-- The central bank’s monthly economic indicator nudged higher for the third month in November, rising by 0.6% month-on-month to 132.2 after another slight increase in October, the South African Reserve Bank said on Tuesday. | |||
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| UN report-World Economic Situation and Prospects 2012 | |||
| January 15, 2012--The world economy is on the brink of another major downturn. Global economic growth started to decelerate on a broad front in mid-2011 and is estimated to have averaged 2.8 per cent over the last year. This economic slowdown is expected to continue into 2012 and 2013. The United Nations baseline forecast for the growth of world gross product (WGP) is 2.6 per cent for 2012 and 3.2 per cent for 2013, which is below the pre-crisis pace of global growth. | |||
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| China's economic growth slows in 2011 | |||
| January 17, 2012--China said on Tuesday its economy expanded by 9.2% last year, slowing from 2010 as global turbulence and efforts to tame high inflation put the brakes on growth. | |||
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| Euro area annual inflation down to 2.7-EU down to 3.0%-December 2011 | |||
| January 17, 2011--Euro area1 annual inflation was 2.7% in December 20112, down from 3.0% in November. A year earlier the rate was 2.2%. Monthly inflation was 0.3% in December 2011. | |||
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| EU bailout fund bonds see strong demand after downgrade | |||
| January 17, 2012--The EU's bailout fund, the EFSF, enjoyed strong demand Tuesday at an auction of six-month debt, Germany's central bank said, only a day after ratings agency Standard and Poor's downgraded it. | |||
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| Eurozone private sector rebounds to growth: survey | |||
| January 24, 2012--Private sector activity in the eurozone rebounded to growth in January after four consecutive months of contraction, a key survey showed Tuesday, as Germany and France both expanded. | |||
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| EU breaks impasse on derivatives regulation | |||
| January 24, 2012--European finance ministers broke an impasse Tuesday in regulation of the multi-trillion-euro trade in over-the-counter (OTC) financial derivatives. | |||
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| China bailing out EU pure 'media fluff' | |||
| January 26, 2012--Talk that debt-ridden Europe is counting on China to come to its rescue is just "media fluff," members of the political and business elite said Thursday at the Davos forum. | |||
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| EU financial transaction tax 'madness': Cameron | |||
| January 26, 2012--The European Union's plan for a financial transaction tax is "simply madness", Britain's Prime Minister David Cameron said on Thursday. | |||
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| Gold hits seven-week high after Fed pledge | |||
| January 26, 2012--Gold prices soared Thursday to the highest level in almost seven weeks as the dollar weakened after the US Federal Reserve vowed to keep interest rates near zero for more than two years. | |||
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| Little hope for NYSE Euronext-Deutsche Boerse tie-up: report | |||
| January 26, 2012--The proposed merger of Deutsche Boerse and NYSE Euronext, which would create the world's largest market operator worth over $17 billion (13 billion euros) is in trouble, a senior executive was reported as saying on Thursday. | |||
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| ECB Monetary developments in the euro area | |||
| January 27, 2012--The annual growth rate of the broad monetary aggregate M3 decreased to 1.6% in December 2011, from 2.0% in November 2011.1 The three-month average of the annual growth rates of M3in the period from October 2011 to December 2011 decreased to 2.1%, from 2.5% in the period from September 2011 to November 2011. | |||
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| Build on Strengths of Europe’s Growth Model While Pursuing Reforms, Says World Bank Report | |||
| January 24, 2012--The European growth model has been an engine for economic convergence during the past few decades and has delivered prosperity to hundreds of millions of people on the continent, says a new World Bank report “Golden Growth: Restoring the Lustre of the European Economic Model”, launched today in Brussels. | |||
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| Despite global economic turmoil, foreign direct investment increased in 2011 – UN | |||
| January 24, 2012--In spite of the economic turmoil that shook countries last year, global foreign direct investment (FDI) rose by 17 per cent, according to a United Nations report released today, which predicts it will continue to increase this year but warns of the risks posed by the frail economic climate. | |||
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| CFTC Releases Results of Limited Reviews of Futures Commission Merchants | |||
| CFTC did not find any material breaches of customer funds protection requirements during the spot check
January 25, 2012--The Commodity Futures Trading Commission (CFTC or Commission) today released findings of limited reviews of futures commission merchants (FCMs) to assess compliance with requirements to segregate customer funds pursuant to Section 4d of the Commodity Exchange Act (ACT). | |||
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| CFTC Staff to Host Public Roundtable to Discuss the “Available to Trade” Provision for Swap Execution Facilities and Designated Contract Markets | |||
| January 25, 2012-Staff of the Commodity Futures Trading Commission (CFTC) will hold a public roundtable on January 30, 2012, from 9:30 a.m. to 1:30 p.m., to discuss the proposed regulations to implement the “available to trade” provision of the trade execution requirement set forth in Section 2(h)(8) of the Commodity Exchange Act pursuant to Section 723 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. | |||
| read more | |||
| Kuwait hires HSBC to assist with stock exchange privatisation | |||
| January 23, 2012--The government of Kuwait has hired HSBC Holdings to help with the privatisation of the country's stock exchange, and set up a new company that will own and operate the third-biggest bourse by market capitalisation in the Arabian Gulf, Bloomberg has reported. The government plans to sell 50% of the exchange to listed companies and the remainder to Kuwaitis in an initial public offering. | |||
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| Aldar, Sorouh gain on Abu Dhabi Executive Council's green light for new construction plans | |||
| January 24, 2012--The Abu Dhabi market gauge ADXGI added 0.40%, finishin at 2,361.55 points. Development bellwethers Aldar Properties and Sorouh Real Estate gained six per cent and 5.30%, respectively. | |||
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| Banks push Bahrain Bourse slightly higher | |||
| January 24, 2012--The Manam-based Bahrain All Share Index advanced 0.30% to reach 1,144.38 points. United Gulf Bank posted the largest gain, closing four per cent higher at BD0.308. | |||
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| Qatar Exchange declines further | |||
| January 24, 2012--The QE Exchange Index fell a quarter per cent to 8,386.88 points. While market belwether Industries Qatar added half a per cent, Doha Bank (off 2.40%) and Al Ahli Bank (down 5.30%)weighed on the gauge. | |||
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| Kuwait bank shares fluctuate as loan growth remains weak | |||
| January 24, 2012--The KSE Market Index closed half a per cent higher at 5,820.60 points. The banking sector index was the only segment which lost Tuesday (off 0.12%). | |||
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| Saudi market advances slightly as prospects for foreign investors lom | |||
| January 24, 2012--The Tadawul market index in Riyadh edged 0.10% higher to close at 6,466.54 points, as losses in bellwether Sabic (down half a per cent at SR91.75) weighed on the gauge. According to new regulations by the Saudi Arabian Capital Market Authority (CMA), foreign companies are to be allowed to list securities on the Arab world's biggest bourse, fuelling speculation the country may completely open to foreign investors, Reuters Thomson has reported. | |||
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| Dubai Financial Market jumps 2.35% on bullish prospects for emerging markets | |||
| January 25, 2012--The DFM General Index edged 2.35% higher to 1,396 points Wednesday amid high trading volumes. Emaar Properties soares 6.70% to hit Dhs2.72 while shares of the DFM, the only Arab market which is publicly listed, were propelled by 8.46%, closing at Dhs0.795. | |||
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| Abu Dhabi bourse advances 0.60%, United Arab Bank profit soars | |||
| January 25, 2012--The Abu Dhabi market gauge ADXGI ended at 2,375.25 points, as market bellwether Etisalat, the UAE's first telecom company, edged slightly higher to reach Dhs9.11. | |||
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| FTSE NASDAQ Dubai UAE 20 Index gains on DP World, local markets surge | |||
| January 25, 2012--The FTSE NASDAQ Dubai UAE 20 Index closed at 1427.11 today, up 2.64%, from the previous close. The index tracks 20 liquid stocks listed on DFM, the Abu Dhabi Securities Exchange and NASDAQ Dubai. | |||
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| Doha Insurance jumps ten per cent on rising annual net profit | |||
| January 25, 2012--The Qatar Exchange (QE) Index gained Wednesday for the first time in weeks, closing 0.40% higher at 8,420.53 points. | |||
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| Increasing sales push Saudi Arabia's Advanced Petrochemical net profit, share price higher | |||
| January 25, 2012--The Riyadh market measure Tadawul All Share Index (Tasi) added 0.15% Wednesday, closing at 6,476.86 points. Sabic shares finished flat at SR91.75. | |||
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| Dubai market gauge knocks out 1,400-resistance, hits six-week high | |||
| January 26, 2012--After a tricky opening amid profit booking, the DFM General Index quickly regained momentum and eventually closed 0.70% higher at 1,405.82 points. DFM shares improved to Dhs80 (up 0.63%). Market bellwether Emaar could not follow and dipped 0.74%. | |||
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| Abu Dhabi Commercial Bank shares bullish amid soaring net profit | |||
| January 26, 2012--The Abu Dhabi market measure ADXGI advanced 0.63% to 2,390, Thursday. Abu Dhabi Commercial Bank jumped 5.70% to reach Dhs3.02. Earlier in the day, ADCB reported a 12-month-profit of Dhs3.045bn, compared to Dhs390.6m in the year before. | |||
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| DP World rises to two-month high, sells stake in UK's Tilbury Container Services | |||
| January 26, 2012--The FTSE NASDAQ Dubai UAE 20 Index closed 1.74% higher at 1451.91. Global maritime port operator DP World surged 3.10% to hit $10.98. | |||
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| Banks drive Kuwait bourse rise | |||
| January 26, 2012--The KSE Market Index addd 0.21%, finishing at 5,852.2 points. Shares of Kuwait Real Estate Company gained the most (9.8% higher at KD0.056). | |||
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| Commercial Bank of Qatar dips slightly, reports higher annual net profit | |||
| January 26, 2012--The Qatar Exchange gained 0.20% Thursday to reach 8,434.70 points. The country's second bank by assets Commercial Bank of Qatar or CBQ fell 1.50% to QR80.40. CBQ said it achieved a net profit of QR1.88bn in 2011, compared to QR1.63bn in 2010. | |||
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| State Street unit tackles active ETFs | |||
| Firm to partner with others to manage funds
Blackstone to be first joint venture January 25, 2012--State Street Global Advisors, the third-largest exchange-traded fund provider in the United States, is entering the actively managed exchange-traded fund space, but with a twist. | |||
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| New Ossiam ETF On The London Stock Exchange | |||
| January 18, 2012--Ossiam is listing a new ETF on the London Stock Exchange: Ossiam ETF FTSE 100 Minimum Variance.
The new ETF uses physical replication (no securities lending) to track the performance of the FTSE 100 Minimum Variance TR Index. It will be exclusively listed on the LSE. | |||
| read more | |||
| Ossiam offers the academic view for low volatility | |||
| January 18, 2012--Ossiam has launched a volatility-controlled exchange-traded fund that tracks the FTSE 100 Minimum Variance Index Exchange-traded funds (ETF) provider Ossiam will list the first FTSE 100 Minimum Variance ETF on the London Stock Exchange (LSE) today, January 18. The ETF is designed to give investors exposure to liquid UK stocks that are weighted to minimise the volatility of the total portfolio. | |||
| read more | |||
| Amundi expansion plans pay off | |||
| January 26, 2012--Amundi ETF is one of the top three European ETF providers by net new assets, according to Deutsche Bank's latest ETF market review. | |||
| read more | |||
| JSE backtracks as hefty valuations weigh | |||
| January 26, 2012--South African stocks backtracked on Wednesday for the second straight session, as Standard Bank and other recent gainers were hit by concerns of overblown valuations following a string of record highs. | |||
| read more | |||
| BondEdge Solutions Expands ETF Library With iShares ETFs | |||
| Addition of 35 iShares Fixed Income ETFs to BondEdge Helps Insurance Professionals and Asset Managers Broaden Portfolio Management Capabilities
January 25, 2012--BondEdge Solutions, an Interactive Data company and leading provider of fixed income portfolio management software, today announced the addition of BlackRock Inc.'s (NYSE: BLK - News) iShares® Exchange Traded Funds (ETFs) to the BondEdge ETF Library. | |||
| read more | |||
| Rand hits fresh 1-week low | |||
| January 26, 2012-- South Africa's rand fell sharply to fresh one-week lows against the dollar on Wednesday and was see being pressured in the next few days with the Greek debt crisis dominating investors' minds. | |||
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| NYSE Euronext announces new ETF on European markets | |||
| January 26, 2012--NYSE Euronext is pleased to announce that AMUNDI IS has listed 1 new ETF on NYSE Euronext's Paris market today: Trading Name: AMUNDI ETF HR 1-3 ISIN: FR0011161215 Symbol: AA13 | |||
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| AdvisorShares Set to Launch Accuvest Global Opportunities ETF (ACCU) | |||
| ACCU Utilizes a Global Country Rotation Strategy that Seeks to Generate Alpha Above Global Benchmarks January 25, 2012-- AdvisorShares Investments, a leading sponsor of actively managed Exchange Traded Funds (ETFs), today announced that the AdvisorShares Accuvest Global Opportunities ETF begins trading tomorrow, January 26th. ACCU is managed by Accuvest Global Advisors ("Accuvest"), a Walnut Creek, CA-based investment adviser that manages over $300 million in global portfolio assets. | |||
| read more | |||
| ProShares Launches First German Sovereign/Sub-Sovereign Bond ETF | |||
| January 26, 2012--ProShares, the country’s fourth most successful exchange traded fund (ETF) company,1 today announced the launch of ProShares German Sovereign/Sub-Sovereign ETF (NYSE: GGOV), the first ETF in the United States focused on sovereign and sub-sovereign debt from Germany. | |||
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| Quarterly Report to Congress | |||
| January 26, 2012--The Special Inspector General for the Troubled Asset Relief Program (SIGTARP) submitted its quarterly report to Congress today. | |||
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| Europe Could Recover Its Dynamism, Says British Prime Minister David Cameron | |||
| Resolving the Eurozone crisis is the most urgent question facing Europe
Vital progress has been made, but Europe needs tough fiscal discipline, bold action and real political will The theme of the 42nd World Economic Forum Annual Meeting is The Great Transformation: Shaping New Models. January 26, 2012--Despite the uncertainty sweeping across the European Union, British Prime Minister David Cameron was bullish about the prospects for resolving the current Eurozone crisis. “Europe could recover its dynamism. I still believe we can. But only if we are bold. Only if we fight for our prosperity ... [and if we] get to grips with the debt,” he said. | |||
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| FSA consults on changes to the Listing Rules | |||
| January 26, 2012--The Financial Services Authority (FSA) has today proposed a number of changes to the Listing Rules that set out the requirements for companies listed in the UK. The changes are updates to the rules to take account of market developments. | |||
| read more | |||
| Letter to Commissioner Barnier, Chairman Bowles & ECOFIN Chairman Corydon regarding European Supervisory Authorities (ESAs) | |||
| January 16, 2012--Letter from ISDA and 6 other associations to Commissioner Barnier, Chairman Bowles and ECOFIN Chairman Corydon, calling for European Supervisory Authorities to be given an appropriate amount of time to draft technical standards for EU legislation. | |||
| read more | |||
| Eurex and IFM announce joint educational initiative | |||
| Eurex and IFM announce joint educational initiative
IFM to deliver its best-in-class derivatives education for Eurex training purposes/Eurex webinar series to target traders and investors in English and Portuguese languages
January 26, 2012-- Eurex Group and the Institute for Financial Markets (IFM) announced today that they have teamed up to offer a joint educational initiative. | |||
| read more | |||
| Trade bodies unite to raise Esma fears | |||
| January 22, 2012--Seven of Europe's most influential trade associations have joined forces to voice their concerns over the extraordinary workload being handled by Europe's regulatory agencies – and have demanded that they get more time and resources to formulate new rules. | |||
| read more | |||
| Banks’ dual role in ETFs in jeopardy | |||
| January 22, 2012--Banks running exchange traded funds in Europe face potential challenges to the profitability and even viability of their businesses if regulators adopt proposals for limiting conflicts of interest. | |||
| read more | |||
| Fidelity files with the SEC | |||
| December 1, 2011--Fidelity has filed an application for exemptive relief with the SEC. | |||
| read more | |||
| Fund Companies To Expand ETF Presence In ’12 | |||
| January 20, 2012--The stage is set for more exchange-traded fund launches from traditional fund companies this year. Last month, Fidelity investments moved to significantly expand its role in the ETF market by filing an application for exemptive relief with the Securities and Exchange Commission to roll out a suite of ETFs. | |||
| read more | |||
| SEC Filing-SPDR S&P MIDCAP 400 ETF TRUST | |||
| January 26, 2012-- A post-effective amendment, registration statement has been filed for the SPDR S&P MIDCAP 400 ETF TRUST. | |||
| read more | |||
| Officials find Volcker rule difficult to define | |||
| January 24, 2012--With attention focused on the November elections, Wall Street is looking to reshape a crackdown on banks that was spearheaded by President Barack Obama. | |||
| read more | |||
| Deutsche Boerse, NYSE Decision To Be Adopted Feb 1 Without Doubt | |||
| January 26, 2012--The European Commission, the executive arm of the European Union, will rule on the planned merger of exchange operators Deutsche Boerse AG (DB1.XE) and NYSE Euronext (NYX) on Feb. 1, as planned, EU Competition Commissioner Joaquin Almunia said Wednesday. | |||
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| ESMA launches a consultation on short selling and CDS | |||
| January 24, 2012--In November 2011 the Council and the Parliament voted on a Regulation on short selling and certain aspects of credit default swaps. This is about to be published and should be applicable from 1 November 2012. According to the Regulation ESMA has to submit its technical standards to the Commission by 31 March 2012. | |||
| read more | |||
| First Trust files with the SEC | |||
| January 25, 2012--First Trust has filed a post-effective amendment, registration statement with the SEC. | |||
| read more | |||
| Van Eck files with the SEC | |||
| January 24, 2012--Van Eck has filed a post-effective amendment, registration statement with the SEC for the Morningstar Wide Moat Research ETF. | |||
| read more | |||
| Exchange Traded Concepts files with the SEC | |||
| January 20, 2012--Exchange Traded Concepts has filed a post-effective amendment, registraion statement with the SEC for the Sustainable North American Oil Sands ETF. | |||
| read more | |||
| Emerging Global Shares files with the SEC | |||
| January 19, 2012--Emerging Global Shares has filed a post-effective amendment, registration statement with the SEC for the EGShares Beyond BRICs ETF EGShares Emerging Markets Domestic Demand ETF. | |||
| read more | |||
| Russell files with the SEC | |||
| January 23, 2012--Russell has filed a Amended Application for exemptive relief with the SEC. | |||
| read more | |||
| Emerging Global Advisors files with the SEC | |||
| January 20, 2012--Emerging Global Advisors, LLC has filed a Amended and Restated Application for exemptive relief with the SEC. | |||
| read more | |||
| Legg Mason files with the SEC | |||
| January 25, 2011--Legg Mason has filed a post-effective amendment, registration statement with the SEC for the Legg Mason Batterymarch S&P 50 Index Fund. | |||
| read more | |||
| BMO ETF Report: Strong Growth Predicted for Canadian ETF Market in 2012 | |||
| January 17, 2012--Exchange Traded Funds (ETFs) continued their strong penetration and growth in Canada in 2011. We estimate the overall assets in the industry grew by a further 13 percent in spite of continued market volatility. With 2011 now in the books, the Canadian ETF industry has recorded estimated compound annual growth rates (CAGRs) of 18.5 percent over the last five years and 28.6 percent over the last 10. Moreover, the past year saw the number of ETF providers in Canada double from four to eight. | |||
| read more | |||
| DB - Equity Research-Weekly & Monthly European ETF Market Monitors : A positive start to the year with good flows and more targeted new launches | |||
| January 18, 2012--Following the publication of our 2011 ETF Market Review & 2012 Outlook on January 11 2012, we are attaching our European ETF Monthly report for December 2011 and our Weekly European Market Monitor for the week that ended January 13th 2012. We are including the December 2011 European ETF monthly review for those readers who are interested to have a closer look at December 2011numbers. | |||
| read more | |||
| BNY Mellon to Provide ETF Services for Six Market Vectors Funds | |||
| Technical Expertise to Help Transition from Merrill Lynch HOLDRS January 18, 2012--BNY Mellon, the global leader in investment services, has been selected to provide exchange-traded fund (ETF) services, custody, fund accounting and securities lending for the six new Market Vector Industry ETFs which launched on December 20, 2011. | |||
| read more | |||
| ALFI annual review-In 2011, Luxembourg funds industry has continued to maintain jobs amid crisis | |||
| Stability and reputation of Grand Duchy helps employee numbers to rise and net sales to remain positive
January 19, 2012--ALFI continues to raise concerns over regulations which adversely impact the funds industry and its end users. The Luxembourg funds industry continued to expand over the last 12 months despite the eurozone crisis and declines in major stock indices. | |||
| read more | |||
| EU faces struggle to bridge divide with Britain | |||
| Regulation chief to meet UK finance minister in London
Two set to discuss reforms after recent EU summit split Smooth relations important in drive for financial reform January 20, 2012--Michel Barnier, the official in charge of regulating finance in the European Union, meets George Osborne on Monday in what are likely to be tough talks over rules the British finance minister believes will hurt the City of London. | |||
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| Kuwait bourse ends a strong week unchanged | |||
| January 19, 2012--The KSE Market Index closed even at 5,798.5 points Thursday, but the Northern Gulf state's gauge added 0.90% during the week, the highest advance in the GCC. | |||
| read more | |||
| Qatar Exchange measure loses the third day straight as banks take a beating | |||
| January 19, 2012--The Doha-based QE Index fell 1.1% to 8,461.77 points. Qatar Islamic Bank or QIB led the list of the financial losers Thursday, ending 3.14% lower at QR80.30, while Doha Bank dived 2.9% to QR63. | |||
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| Aldar, Dana Gas push Abu Dhabi gauge slightly higher | |||
| January 19, 2012--The ADX General Index (ADXGI) added 0.20% Thursday, finishing at 2,336.98 points. During the week the ADXGI dipped by around 28 points. | |||
| read more | |||
| DP World hits six-week high | |||
| January 19, 2012--The FTSE NASDAQ Dubai UAE 20 Index added 0.20% to reach 1356.67, as bellwether Dubai Ports (DP) World gained 1.36% to close at $10.40, the highest level since November 20 2011. | |||
| read more | |||
| Trading volumes pick up at Dubai Financial Market (DFM) | |||
| January 19, 2012--The DFM General Index (DFMGI) lost a quarter per cent Thursday, closing at 1,327.75 points, driven by a fall in bellwether Emaar Properties (down 0.40% at Dhs2.45). | |||
| read more | |||
| Sabic shares drop to seven-week low after quarterly results miss forecasts | |||
| January 18, 2012--Sabic, Saudi Arabia's first petrochemical and metals producer, fell 0.27% to SR91.75 Wednesday. | |||
| read more | |||
| Fourth quarter profit increase drives Saudi Industrial Development Co. share higher | |||
| January 18, 2012--The Saudi Tadawul gauge closed 0.13% higher at 6,377.99 points Wednesday, although market bellwether Sabic (Saudi Basix Industries Corporation) slipped 0.27% to SR91.75, hitting a seven-week low. Saudi Industrial Development Company or SIDC jumped 3.44% higher to reach SR19.50. Earlier in the day, SIDC announced that its net profit during the fourth quarter reached SR2.9m compared to net loss of SR10.3m for the same quarter last year. | |||
| read more | |||
| Kuwait market index reaches 5,800 | |||
| January 18, 2012--The KSE Market Index added 0.20% Wednesday. All sector indexes, except the banking segment, gained value. Rising oil prices, climbing above $101 per barrel (U. S. crude) today, helped the KSE to remain on a growth track. | |||
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| Qatar Exchange remains in stutter mode, gauge falls below 8,600 points | |||
| January 18, 2012--The QE Index declined half a per cent to 8,555.22 points. Shares lost across all sectors, with insurances underperforming in particular. | |||
| read more | |||
| Dana Gas surges over eight per cent on sukuk advisory | |||
| January 18, 2012--The Abu Dhabi-based ADX General Index advanced 1.73%, closing at 2,332.72 points Wednesday. Dana Gas from Sharjah posted the second highest gain, ending 8.8% higher at Dh0.37. Dana Gas has said it hired an international firm for advisory on its convertible Islamic bond worth Dhs3.38bn, Gulf News reported. | |||
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| Egypt prepares Islamic bond issue | |||
| January 19, 2012--Egypt: Egypt is preparing for a debut sovereign Islamic bond, after the government has been forced to rely on local banks for funds in the wake of last year's popular revolt, Reuters has reported, citing a person familiar with the matter. "Egypt is preparing one," he said. | |||
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| Legg's Fetting eyes ETFs, international for 2012 | Reuters | |||
| January 18, 2012--After four years as chief executive officer of Legg Mason, Mark Fetting is finally able to talk about growth. Exchange traded funds and international markets are his two targets for 2012. | |||
| read more | |||
| Dow Jones Industrial Average Component Companies Increase Expected Annual Dividend Distribution For 2012 By 12.34% From A Year Ago | |||
| Survey By Dow Jones Indexes Also Indicates Expected Annual Dividend Distribution From DJIA’s 30 Stocks To Rise 1.94% From Previous Quarter - DJIA Components’ Dividends Represent 38% Of Total U.S. Stock Market Payouts - Dividend Data Provides Insight Into Outlook Of Bellwether U.S. Corporations, Dow Jones Indexes Says
January 19, 2012--– The Dow Jones Industrial Average‘s 30 component companies are expected to increase their annual dividend payout by 12.34% for 2012 compared with 2011, according to a survey by Dow Jones Indexes. | |||
| read more | |||
| ALPS files with the SEC | |||
| January 19, 2012--ALPs has filed a post-effective amendment, registration statement with the SEC for the U.S. EQUITY HIGH VOLATILITY PUT WRITE INDEX FUND - HVPW. | |||
| read more | |||
| Direxion files with the SEC | |||
| Janaury 19, 2012--Direxion has filed a post-effective amendment, registration statement with the SEC for the Direxion Daily Russia Bull 3X Shares (RUSL)
Direxion Daily Russia Bear 3X Shares (RUSS). | |||
| read more | |||
| European Buy-Side Traders Call For Standards Supporting The Quality Of Liquidity Across Lit Venues, TABB Says | |||
| Electronic Trading In Europe To Reach 45% Of Average Daily Value Traded By Traditional Asset Managers In 2012, Up From 38% In 2010 January 19, 2012--Although change and uncertainty will continue to hold sway across the lit and dark equities venues in Europe for the foreseeable future, according to new research published today by TABB Group, one certainty stands tall – transparent, actionable metrics supporting the quality of liquidity are lacking. | |||
| read more | |||
| Tokyo Commodity Exchange: Important Notice For Customers Dealing In Nikkei-TOCOM Commodity Index Futures | |||
| January 19, 2012--The Contract Day Transaction of Nikkei-TOCOM Commodity Index Futures will be terminated at 15:30 on Wednesday, February 29, 2012. | |||
| read more | |||
| Claymore files with the SEC | |||
| Janaury 19, 2012-Claymore has filed a post-effective amendment, registration statement with the SEC for the Claymore Exchange Traded Funds ETF Trust 2. | |||
| read more | |||
| Claymore files with the SEC | |||
| January 19, 2012--Claymore has filed a post-effective amendment, registration statement with the SEC. | |||
| read more | |||
| ProShares files with the SEC | |||
| January 19, 2012--ProShares has filed a post-effective amendment, registration statement with the SEC. | |||
| read more | |||
| Wisdom Tree files with the SEC | |||
| January 19, 2012--Wisdom Tree has filed a post-effective amendment, registration statement with the SEC for the WISDOMTREE TRUST - CURRENCY INCOME & FIXED INCOME FUNDS AND ALTERNATIVE FUNDS. | |||
| read more | |||
| iShares files with the SEC-iShares MSCI United Kingdom Small Cap Index Fund | |||
| January 18, 2012--iShares has filed a post-effective amendment, registration statement with the SEC for the iShares MSCI United Kingdom Small Cap Index Fund. | |||
| read more | |||
| iShares files with the SEC-iShares MSCI Taiwan Small Cap Index Fund | |||
| January 18, 2012--iShares has filed a post-effective amendment, registration statement with the SEC for the iShares MSCI Taiwan Small Cap Index Fund. | |||
| read more | |||
| iShares files with the SEC-iShares MSCI South Korea Small Cap Index Fund | |||
| January 18, 2012--iShares has filed a post-effective amendment, registration statement with the SEC for the iShares MSCI South Korea Small Cap Index Fund. | |||
| read more | |||
| iShares files with the SEC- iShares MSCI Singapore Small Cap Index Fund | |||
| January 18, 2012--iShares has filed a post-effective amendment, registration statement with the SEC for the iShares MSCI Singapore Small Cap Index Fund. | |||
| read more | |||
| iShares files with the SEC-iShares MSCI India Small Cap Index Fund | |||
| January 18, 2012--iShares has filed a post-effective amendment, registration statement with the SEC for the iShares MSCI India Small Cap Index Fund. | |||
| read more | |||
| iShares files with the SEC-iShares MSCI Norway Capped Investable Market Index Fund | |||
| January 18, 2012--iShares has filed a post-effective amendment, registration statement with the SEC for the iShares MSCI Norway Capped Investable Market Index Fund. | |||
| read more | |||
| iShares files with the SEC | |||
| January 19, 2012--iShares has filed a post-effective amendment, registration statement with the SEC for the iShares MSCI India Index Fund. | |||
| read more | |||
| State Street files with the SEC | |||
| January 17, 2012--State Street has filed a post-effective amedment, registration statement with the SEC for the SPDR® INDEX SHARES FUNDS. | |||
| read more | |||
| Treasury Releases Semi-Annual Report to Congress on International Economic and Exchange Rate Policies | |||
| December 27, 2011--The U.S. Department of the Treasury today released the Semi-Annual Report to Congress on International Economic and Exchange Rate Policies that is required under Sections 3004 and 3005 of the Omnibus Trade and Competitiveness Act of 1988. The Report covers international economic and foreign exchange developments in the first half of 2011. Where pertinent and available, data and developments through mid-December 2011 are included. | |||
| read more | |||
| DB - Equity Research - Asia Pacific ETF Weekly Review:ETP AUM added $2.8bn amid market rally | |||
| January 17, 2012--Market Review In terms of equity markets, last week went positive for all the major Asia-Pacific markets. In all, Japan (Nikkei 225) gained 1.31%, Korea (KOSPI2) increased by 1.96%, China (CSI 300) advanced by 4.53%, Hong Kong (HSI) climbed by 3.29%, Singapore (FSSTI) rose by 2.8% and Australia (S&P/ASX 200) grew by 2.13% over the previous week. | |||
| read more | |||
| Indian regulator warns on high frequency trading rush | |||
| January 16, 2012--In a rush towards reducing trading latencies to attract high frequency trading, exchanges risk leaving out retail investors and other less sophisticated investors behind, warns U.K. Sinha, chairman of the Securities and Exchange Board of India. | |||
| read more | |||
| ETF Stat December 2011 --Borsa Italiana | |||
| January 12, 2012--The ETF Statistics of the ETF Plus Market for the month of December 2011 are now available. | |||
| read more | |||
| DB Global Equity Research: US ETF Market Weekly Review: ETP market gets a head start with almost $12bn of inflows as the year kicks off | |||
| January 17, 2012--Net Cash Flows Review
The new-year equity market rally continued over the last week. The US (S&P 500) advanced by 0.9%. Other developed and emerging markets outside the US did alike; the MSCI EAFE (in USD) was up by 0.6%, while the MSCI EM (in USD) did even better, rising by 2.8% during the week. | |||
| read more | |||
| DB - Equity Research - Global Research-2011 ETF Market Review & 2012 Outlook : Expansion past market turbulence & regulatory challenges | |||
| January 11, 2012--ETF assets registered total growth of 3.2% over 2011. Comparing this to prior year growth rates, often over 30%, could provide an unfavorable picture and be perceived as a slowing down of the industry. However, this observation on the surface masks the fall in asset prices over the year, which contributed a decline of 9.3% to global ETF assets. | |||
| read more | |||
| BlackRock -New ETF Landscape Report: Industry Summary | |||
| January 16, 2012--2011 Asset Growth Highlights (US$):
Under the backdrop of various macro-economicchallenges in 2011, the global Exchange Traded Products (ETPs) industry grew 2.9% on the year,ending with $1.53tn in Assets Under Management (AUM). While growth was lower than in recent years, the difference was primarily driven by unfavorable market return which has historically been a strong contributor to industry asset growth. | |||
| read more | |||
| New EDHEC-Risk Institute research assesses the true risks of Exchange-Traded Funds (ETFs) | |||
| January 16, 2012--New research at EDHEC-Risk Institute has addressed the question of the true risks of Exchange-Traded Funds (ETFs) in Europe in the light of issues raised by financial regulators and international organisations. According to EDHEC-Risk Institute, any discussion of the risks inherent in ETFs should go beyond merely hypothesising about potential risks, and should also take into account the empirical evidence provided by the existing academic research on ETFs, which has documented various benefits in terms of liquidity and price efficiency. | |||
| read more | |||
| Dow Jones Indexes To License Dow Jones Islamic Market CHIME Index As Benchmark For New Tebyan Asset Management Fund - New Index To Measure Equity Performance Of 100 Leading Stocks From China, India, Middle East/North Africa That Pass Rules-Based Screens | |||
| New Index to Measure Equity Performance of 100 Leading Stocks
From China, India, Middle East/North Africa That Pass Rules-Based Screens for Shari’ah-Compliance January 17, 2012--Dow Jones Indexes, a leading global index provider, today announced that Tebyan Asset Management has licensed the Dow Jones Islamic Market (DJIM) CHIME Index to benchmark its new fund, the Tebyan CHIME Opportunities Fund, to be launched today. | |||
| read more | |||
| Vier neue Kredit-ETFs mit Hebelwirkung gelistet | |||
| January 16, 2012--db X-trackers, die Plattform der Deutschen Bank für Exchange Traded Funds (ETFs), hat vier neue Kredit-ETFs gelistet. Diese ETFs ermöglichen ein Engagement in Kreditrisiken von Unternehmen oder können zur Absicherung bestehender Positionen in Kreditrisiken von Unternehmen, zum Beispiel Unternehmensanleihen, eingesetzt werden. Bei den neu gelisteten ETFs wurden erstmals in Europa Kreditindizes gewählt, welche eine Wertentwicklung auf täglicher Basis mit einem zweifachen Hebel abbilden. | |||
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| Pimco to launch total return bond ETF March 1 | |||
| January 10, 2012--Pacific Investment Management Co. has received approval from the U.S. Securities and Exchange Commission to launch its total return exchange traded fund on March 1, Pimco said on its website. | |||
| read more | |||
| WisdomTree Announces Investment Sub-Advisory Relationship with Western Asset Management for Fixed Income ETFs In Credit Space | |||
| Western Asset Management is One of the World’s Leading Global Fixed Income Managers
January 12, 2012 – WisdomTree (NASDAQ: WETF), an exchange-traded fund (“ETF”) sponsor and asset manager, today announced a new investment sub-adviser relationship with Western Asset Management, a subsidiary of Legg Mason (NYSE: LM). The collaboration will be in the global fixed income area with a focus on credit products. | |||
| read more | |||
| Lyxor Asset Management Starts Four More Commodity Exchange Funds | |||
| January 11, 2012--Lyxor Asset Management started four commodity exchange-traded funds tied to returns of the Standard & Poor’s GSCI Index of 24 raw materials. | |||
| read more | |||
| BlackRock deal creates ETF powerhouse in Canada | |||
| January 11, 2012--BlackRock Inc. is forging ahead with ambitious growth plans for the Canadian market, striking a deal for Claymore Investments Inc. that unites the country’s top two sellers of exchange-traded funds. | |||
| read more | |||
| AdvisorShares Launches Rockledge SectorSAM ETF (SSAM) | |||
| January 13, 2012--Choppy markets and an uncertain outlook have pushed many investors to seek more active methods in their investing strategies. While the majority of the investors playing these trends stay in the mutual fund space, a number of them have begun to cross over into the ETF world, and for good reason. Active ETFs offer investors the same watchful eye of a manager but can often do so at a much cheaper cost. | |||
| read more | |||
| ForeSight from BNY Mellon | |||
| January 10, 2012--Investors are becoming more price conscious. In response to the increased pressure to lower 401(k) costs, alternatives to traditional mutual fund investments that offer significantly lower fees are growing in popularity. | |||
| read more | |||
| Ex BlackRock ETF guru Fuhr not joining BoAML as role axed | |||
| January 10, 2012--Ex BlackRock ETF guru Fuhr not joining BoAML as role axed
Former BlackRock ETF expert Deborah Fuhr will not be joining Bank of America Merrill Lynch, as the role of head of global delta one strategy has been axed. | |||
| read more | |||
| Morningstar Quarterly Commentary: US Market Finishes the Year Flat | |||
| January 10, 2012--Global markets posted disappointing returns in 2011 as investors wrestled with uncertainty stemming from European debt crisis, lackluster economic recovery and monetary tightening in key emerging markets like China. Markets were characterized by sharp volatility and investors gravitated towards safer asset like long term treasury, high quality dividend stocks and gold. | |||
| read more | |||
| Requirements for OTC derivatives data reporting and aggregation: CPSS-IOSCO publishes final report | |||
| January 17, 2011--The Committee on Payment and Settlement Systems (CPSS) and the Technical Committee of the International Organization of Securities Commissions (IOSCO) have published their final report on the OTC derivatives data that should be collected, stored and disseminated by trade repositories (TRs). | |||
| read more | |||
| Saudi Arabia favours oil around $100 per barrel | |||
| January 17, 2012--Saudi Arabia: Saudi oil minister, Ali al-Naimi has said the kingdom favours an oil price of $100 per barrel, identifying an ideal oil price for the first time in more than three years. | |||
| read more | |||
| Kuwait's customer satisfaction index (SHCSI) rises in 2011 | |||
| January 16, 2012--Kuwait: Customer satisfaction in Kuwait rose slightly to 7.71 points in 2011 from the previous year, | |||
| read more | |||
| Saudi dairy producer Almarai dips as quarter-on-quarter net profit decreases | |||
| January 17, 2012--The Saudi Arabian Tadawul market index Tasi fell 0.80% Tuesday, closing at 6,370.16 points. Almarai Company, one of the largest producers of food and dairy products in the GCC, fell one per cent, finishing at SR98.50. | |||
| read more | |||
| Kuwait Stock Exchange outperforms GCC markets | |||
| January 17, 2012--The KSE Market remained buoyant Tuesday, adding 0.46% to reach 5,789.40 points. | |||
| read more | |||
| NASDAQ Dubai posts advances amid rebound in Europe | |||
| January 17, 2012--The FTSE NASDAQ Dubai UAE 20 Index ended 1.25% higher at 1337.53. DEPA Limited, the Dubai-based interior designer, gained the most (up 5.41% at $0.39). | |||
| read more | |||
| DFM shares rebound amid increasing demands for UAE stock markets merger | |||
| January 17, 2012--The Dubai Financial Market (DFM) General Index closed 0.70% higher at 1,310.40 points. Shares of the DFM, the only Arab bourse which is publicly listed, soared 4.28% to reach Dhs0.707. | |||
| read more | |||
| Dubai market meltdown continues | |||
| January 16, 2012--The DFM General Index lost another one per cent Monday, closing at 1,301.24 points. DFM shares plummeted to an alltime low at Dhs0.678. | |||
| read more | |||
| Etisalat shares fall below nine Dirham as global stock exchanges fickle | |||
| January 16, 2012--The Abu Dhabi bourse's ADX General Index fell 0.83% to 2,324.73 points as energy heavyweight | |||
| read more | |||
| Qatar Exchange bucks regional downtrend | |||
| January 16, 2012--The Doha-based Qatar Exchange added 0.03% to reach 8,640. 36 points. | |||
| read more | |||
| DP World shares stay firm, despite regional market storm | |||
| January 16, 2012--The FTSE NASDAQ Dubai UAE 20 Index closed off 1.37% at 1320.96 points. The index tracks 20 liquid stocks listed on DFM, the Abu Dhabi Securities Exchange and NASDAQ Dubai. | |||
| read more | |||
| Saudi Tadawul market posts largest day loss so far in 2012 | |||
| January 16, 2012, 9:07:31 AM The Saudi Stock Exchange's main gauge TASI fell 1.1% Monday, closing at 6,420. 89 points. Sabic declined back to SR94 (off half a per cent). | |||
| read more | |||
| Saudi Arabia may open stock market to foreigners this year | |||
| January 17, 2012--Foreign investors are expected to be allowed to invest directly in Saudi Arabia’s $340bn stock market for the first time later this year, the Financial Times has reported. | |||
| read more | |||
| First Trust files with the SEC | |||
| January 17, 2012--First Trust has filed a post-effective amendment, registration statement with the SEC for the First Trust Emerging Markets Small Cap AlphaDEX Fund First Trust Developed Markets ex-US Small Cap AlphaDEX Fund. | |||
| read more | |||
| ETFS US Precious Metals Weekly: Gold speculative futures investors de-lever as ETF investors position for price rebound | |||
| December 19, 2011--De-leveraging leaves COMEX gold and other precious metals’ speculative futures positioning at their lowest levels in 2 years. Sustained deleveraging since September has left net speculative positions in gold, as well as silver and palladium at their lowest levels in over two years, removing a key headwind to a price recovery heading into 2012. COMEX speculative futures investors cut gold futures positions by 11% to an 8 week low, in contrast to further accumulation by ETF investors | |||
| read more | |||
| ETFS US Precious Metals Weekly: Surge in China gold imports highlights strength of emerging market gold demand | |||
| January 16, 2012--China’s imports of gold in November on an annualized basis were equivalent to around 1/3 of total global supply of gold in 2011, 2.5 times official sector buying in 2011 and nearly 7 times global gold ETP net inflows. | |||
| read more | |||
| ETFS US Precious Metals Weekly: Precious Metals Futures Positioning and Recovery in Global Manufacturing Points to Potential For Price Rebound | |||
| January 9, 2012--De-leveraging leaves COMEX gold speculative futures positions the lowest in almost 3 years, other precious metals at lowest level since 2H 2008. The low level of futures positioning overhang has removed a key headwind to the gold price heading into 2012, although positioning still remains above end 2008 crisis levels. | |||
| read more | |||
| Morgan Stanley-ETF Weekly Update | |||
| January 9, 2012--Highlights Weekly Flows: $5.0 Billion Net Inflows ETF Assets Stand at $1.1 Trillion, up 2% YTD No Launches Last Week Van Eck to Change Index of Russia ETF | |||
| read more | |||
| China regulator says mulling bond, silver futures | |||
| January 10, 2012--China stock market regulator said it would consider launching government bond futures and other commodities-related futures such as crude oil and silver in a bid to develop the country's nascent derivatives market. | |||
| read more | |||
| Seven new Deutsche Bank ETFs launched on Xetra | |||
| New funds track bond and credit derivative indices Janaury 9, 2012--Seven new exchange traded funds issued by db X-trackers II, a subsidiary of Deutsche Bank, have been tradable in the XTF segment on Xetra since Monday. Four are credit derivative ETFs on iTraxx indices and three are bond index ETFs on government bonds. | |||
| read more | |||
| iShares sees huge jump in inflows | |||
| January 9, 2011--New inflows into BlackRock’s iShares European exchange traded funds business exceeded $18bn last year, up around 43 per cent compared with 2010, amid a return by investors to traditional “physical” ETFs that buy the constituents of an index. | |||
| read more | |||
| Lyxor’s exit from HK highlights rise of competition | |||
| January 8, 2012--If you want to make money with exchange traded funds in Asia you must pick your market and stick with it, according to the man who pulled the plug on Lyxor’s stable of Hong Kong-listed synthetic ETFs. | |||
| read more | |||
| BNY Mellon to Provide ETF Services to Two New Direxion Funds Mandate expands relationship to cover 52 ETFs. | |||
| January 4, 2012-- BNY Mellon, the global leader in investment services, has been selected to provide exchange-traded fund (ETF) services, custody, fund accounting and fund administration for the Direxion Large Cap Insider Sentiment Shares (INSD) and the Direxion All Cap Insider Sentiment Shares (KNOW). This extends BNY Mellon's relationship with Direxion to include 52 ETFs. | |||
| read more | |||
| ETFs Commodity Securities LTD | |||
| Starting from January 4th 2012, 53 new ETCs issued by ETFs Commodity Securities LTD will be listed
December 30, 2012--Borsa Italiana welcomes on “Securitized derivative financial instruments (ETCs/ETNs)” segment of ETFplus market 53 new ETCs issued by ETFs Commodity Securities LTD. | |||
| read more | |||
| Strict new rules to undercut synthetic ETFs-report | |||
| New ESMA guidelines on synthetic ETFs due within weeks
Uncertainty already impacting synthetic ETF volumes January 6, 2012--Imminent new guidelines on the regulation of exchange-traded funds (ETFs) in Europe could force Europe's burgeoning synthetic ETF industry into decline, crimping its growth to rates in line with U.S. counterparts, a report on Friday said. | |||
| read more | |||
| VXEEM Index - Launch of Security Futures on Monday | |||
| January 6, 2012--CBOE Futures Exchange, LLC (CFE) plans to launch trading in security futures on the CBOE Emerging Markets ETF Volatility Index (index ticker: VXEEM; futures symbol: VXEM) on Monday, January 9, pending regulatory approval. www.cboe.com/VXEEM | |||
| read more | |||
| Fidelity Investments Looks Ready To Offer Exchange-Traded Funds | |||
| January 3, 2012--After years of ignoring one of the hottest investment options, Fidelity Investments appears to be planning a push into exchange-traded funds. | |||
| read more | |||
| No ‘special regime’ required for ETF regulation | |||
| January 5, 2012--The regulation of exchange traded funds should not be subject to any kind of “special regime”, according to the International Capital Markets Association, a trade body. | |||
| read more | |||
| Vanguard leads 2011 cash race for US ETF providers | |||
| January 10, 2012--Vanguard led the race among US exchange traded fund providers for investors’ cash for a second year in succession in 2011, pushing iShares, the world’s largest ETF provider, into the runner’s up spot, according to data from the ETF Industry Association. | |||
| read more | |||
| ETF provider lowers costs raising prospects of price war | |||
| January 5, 2012--A US-based exchange-traded fund provider has cut the cost of its ETFs in a move that makes its products in the equity sector the cheapest in the market. | |||
| read more | |||
| NYSE Euronext Activity Report on ETFs - December 2011 | |||
| January 5, 2012--Listings Last month, NYSE Euronext welcomed 1 new ETF listing from Amundi IS: AMUNDI ETF SP500 H In total, NYSE Euronext had 690 listings of 592 ETFs from 18 issuers. In 2011, there have been a total of 157 new ETF listings on the NYSE Euronext European cash markets, including 129 new primary listings and 28 cross-listings (compared to 111 new primary listings and 22 cross-listings in the same period in 2010). | |||
| read more | |||
| ProShares Launches First Breakeven Inflation ETFs | |||
| January 12, 2012—ProShares, the country's fourth most successful exchange traded fund (ETF) company,1 today announced the launch of ProShares 30 Year TIPS/TSY Spread (NYSE: RINF) and ProShares Short 30 Year TIPS/TSY Spread (NYSE: FINF), the first ETFs designed to provide exposure to breakeven inflation,2 a widely followed measure of inflation expectations. The ETFs list on NYSE Arca today. | |||
| read more | |||
| SEC To Weigh Exchanges' Volatility-Control Plans | |||
| December 30, 2011--The Securities and Exchange Commission intends to take a closer look at two separate plans by U.S. stock-exchange operators--designed to prevent another "flash crash"--to ensure that the measures don't create new problems, according to regulators. | |||
| read more | |||
| Canadians can’t get enough of exchange traded funds. In 2011, asset growth hit 13 per cent, pushing the total figure now invested in ETFs to $43-billion, according to National Bank Financial | |||
| January 12, 2011--Canadians can’t get enough of exchange traded funds. In 2011, asset growth hit 13 per cent, pushing the total figure now invested in ETFs to $43-billion, according to National Bank Financial. | |||
| read more | |||
| Morgan Stanley ETF Fund Flows-Preliminary 4Q 2011 ETF Net Cash Flows Estimates | |||
| January 4, 2012--We estimate that net cash inflows into US-listed ETFs were $41.1 billion during the fourth quarter of 2011. This report contains our estimates and analysis of 4Q 2011 ETF flows for the US market. Once official data are released, we will publish our more comprehensive flow analysis. | |||
| read more | |||
| Invesco PowerShares Expands Low Volatility Family of ETFs | |||
| January 13, 2012--Invesco PowerShares Capital Management LLC, a leading global provider of exchange-traded funds (ETFs), announced today that trading has begun on NYSE Arca for two new PowerShares ETFs that provide investors with access to low volatility strategies covering emerging and developed markets. The portfolio names and ticker symbols are as follows. | |||
| read more | |||
| Just Like Nigeria, Ghana Exchange Embraces ETFs | |||
| January 4, 2012--The Ghana Stock Exchange (GSE) is getting set to embrace Exchange Traded Fund (ETF)just as like the Nigerian Stock Exchange (NSE), THISDAY checks have revealed. | |||
| read more | |||
| Morgan Stanley-ETF Weekly Update | |||
| January 3, 2012--Weekly Flows: $1.4 Billion Net Inflows
ETF Assets Stand at $1.1 Trillion, up 5% in 2011 We Estimate ETFs Generated Net Inflows of $117.2 Billion in 2011 Vanguard Reduces Expenses on US Sector ETFs | |||
| read more | |||
| .) Northern Trust-Monthly Market Review: | |||
| January 3, 2012--This month's highlights include: Northern Trust named European Administrator of the Year by Funds Europe magazine Funds serviced in Ireland reportedly reach three-year high | |||
| read more | |||
| NZX and Markit shake hands on final deal | |||
| January 16, 2012-- NZX is pleased to announce that leading global financial information services company, Markit, will pay NZX US$21.4 million, by 31 January 2012, to bring to completion the performance of each party’s obligations in respect of the 2009 sale by NZX of the TZ1 environmental registry to Markit. | |||
| read more | |||
| DOW JONES ISLAMIC MARKET TITANS 100 INDEX CLOSED DOWN 0.83% IN 2011 | |||
| Index Measures Performance of 100 of World’s Leading Shari’ah-Compliant Stocks Dow Jones Islamic Market Asia/Pacific Titans 25 Index, Dow Jones Islamic Market Europe Titans 25 Index Also End 2011 in Negative Territory Dow Jones Islamic Market U.S. Titans 50 Index Gained 3.98% in 2011 January 10, 2012-- Despite posting a gain in the final month of the year, the Dow Jones Islamic Market Titans 100 Index finished 2011 down 0.83%, according to data compiled by Dow Jones Indexes. The index, which rose 0.53% in December and 5.79% in 2010, measures the performance of 100 of the world’s leading Shari’ah-compliant stocks. | |||
| read more | |||
| December 2011 FIF Market Share and Market Dynamics Reports – Executive Summary | |||
| January 10, 2012--U.S. Equities Market Share
Share volumes traded across Tape A, B, and C decreased 13% monthly and 4% annually to 134 billion shares (see chart). In December 2011, off-exchange trading accounted for 32% of the shares traded in NMS Equity Securities. | |||
| read more | |||
| Thomson Reuters Global Equities Monthly Market Share Data Reports-December 2011 | |||
| January 10, 2012--Trading is fragmenting between exchanges and competing venues. But by how much and which venues? Find out in the summarised monthly reports. | |||
| read more | |||
| Arab Global Commodities DMCC Launches New Commodities Research Service For Clients In UAE - Service Will Provide Institutional And Retail Investors Insights Into Market Moves And Trading Strategies | |||
| January 9, 2012--Arab Global Commodities DMCC (Arab Global), a leading Dubai-based commodities and currency trading firm announced the launch of a research service aimed at providing investors and traders insights into market moves, commodities trading strategies and operational practices. | |||
| read more | |||
| Dubai Gold & Commodities Exchange Weekly Market Commentary | |||
| January 15, 2012--Economic Data Overview The January 16 week is shortened by the presence of the ML King, Jr. Birthday observance on Monday. While markets and Federal offices will be closed, the day is not universally a business holiday. | |||
| read more | |||
| Dubai Gold & Commodities Exchange Weekly Market Commentary | |||
| January 8, 2012--Economic Data Overview It is a fairly light US data calendar for the coming week with highlights retail sales and the Fed's Beige Book. Fed speakers are fairly numerous and this will be the first set of comments since the recent release of the FOMC minutes. | |||
| read more | |||
| Reinforced economic union: MEPs call for roadmap towards eurobonds | |||
| January 6, 2012--As the working group drafting the "international agreement on a reinforced economic union" reconvenes on 6 January, European Parliament representatives Elmar Brok (EPP, DE), Roberto Gualtieri (S&D, IT) and Guy Verhofstadt (ALDE, BE) stress in their amendments that all decisions must be based on normal EU procedure in order to ensure democratic accountability and Parliament’s legislative role are respected. They also call for a roadmap with a view to introducing eurobonds. | |||
| read more | |||
| London Stock Exchange Group Monthly Market Report - December 2011 | |||
| December 6, 2012--London Stock Exchange Group (LSE.L) sits at the heart of the world's financial community, offering international business unrivalled access to Europe's capital markets. In December a total of 24.4 million trades were carried out across the Group's electronic equity order books with a combined value of £128.1 billion (€151.8 billion), down 11 per cent on December 2010 (£143.8 billion). | |||
| read more | |||
| CBOE Futures Exchange to Launch Security Futures Trading in Emerging Markets Volatility Index | |||
| January 6, 2012--CBOE Futures Exchange, LLC (CFE) announced today that it will launch trading in security futures on the CBOE Emerging Markets ETF Volatility Index (Index ticker: VXEEM; futures symbol: VXEM) on Monday, January 9, pending regulatory approval. | |||
| read more | |||
| UBS Announces Monthly Changes To The UBS Next Generation Internet Index | |||
| January 4, 2012--UBS Investment Bank announced today that following the close of business on January 3, 2012, the following changes were made to the UBS Next Generation Internet Index (NYSE ticker symbol “NETIPO”). | |||
| read more | |||
| Dow Jones-UBS Commodity Indexes End 2011 Lower As December Prices Fall On Concerns About Europe And China, Weather | |||
| January 4, 2012--The Dow Jones-UBS Commodity Index ended 2011 down 13.37% following a drop of 3.75% in December – a month in which prices were pressured by sovereign debt concerns, signs of a cooling economy in major commodity consumer China, plus unseasonable weather in some regions. | |||
| read more | |||
| Dow Jones-UBS Commodity Indexes December 2011 Performance Report | |||
| January 4, 2012--The Dow Jones-UBS Commodity Index ended 2011 down 13.37%. The Dow Jones-UBS Single Commodity Indexes for gas oil, orange juice and brent crude had the strongest gains producing year-end returns of 19.41%, 18.75%, and 16.77%, respectively. | |||
| read more | |||
| ISE Reports Business Activity for December and Full Year 2011 | |||
| January 3, 2012 –Average daily volume for the full year 2011 was 3.1 million contracts, an increase of 4.4%
over 2010.
ISE is the third largest equity options exchange in 2011 with market share of 19.1%, excluding dividend trades. Dividend trades make up 14.3% of industry volume in December 2011 and 4.7% of total industry volume for 2011. | |||
| read more | |||
| OIC Announces December Options Trading Volume Down 6% While 2011 Volume Sets Ninth Consecutive Record | |||
| January 3, 2012--The Options Industry Council (OIC) announced today that 320,324,954 total options contracts were traded in December, which is a 6.12 percent decrease compared to December 2010 volume of 341,207,420 contracts. | |||
| read more | |||
| BATS Global Markets Earns 25.4% European Market Share in December | |||
| BATS Now The Largest European Equities Market Operator - Also Earns 11.2% U.S. Equities Market Share January 3, 2012--BATS Global Markets (BATS), a global operator of stock and options markets, today reported strong equities matched market share in both the U.S. and Europe. | |||
| read more | |||
| NASDAQ OMX acquires the Central Securities Depository of Lithuania | |||
| January 3, 2012--January 3, 2012 - Today, NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) announced the completion of its acquisition of the Central Securities Depository of Lithuania (CSDL), whereby NASDAQ OMX Helsinki Oy purchased the remaining 60 percent of the shares of the CSDL from the Bank of Lithuania. | |||
| read more | |||
| CBOE Holdings: Daily Trading Volume Averages Record 4.8 Million Options Contracts in 2011 | |||
| CBOE Volume Tops One Billion Contracts for Fourth Straight Year
CBOE Futures Exchange Record Volume Up 174% from 2010 January 3, 2012--CBOE Holdings, Inc. (NASDAQ: CBOE) today announced record 2011 options trading volume of 1.20 billion contracts for the Chicago Board Options Exchange (CBOE) and C2 Options Exchange (C2), combined, compared to 1.12 billion contracts in 2010. | |||
| read more | |||
| OCC Cleared Contract Volume Reached 4.6 Billion Contracts in 2011 for Record Year | |||
| January 3, 2012--OCC announced today that total cleared contract volume in 2011 reached 4,600,955,949 contracts, a 17 percent increase over the 2010 volume of 3,925,686,805 contracts. 2011 marked the ninth consecutive year of record volume for OCC and the first time cleared contract volume surpassed 4 billion contracts. | |||
| read more | |||
| BM&FBOVESPA announces 2011 market performance | |||
| January 11, 2012--BM&FBOVESPA announced 2011 market performance. Historic records set in 2011: Financial volume and number of transactions in the equity market; Total number of contracts traded, DI futures contracts traded and of corn futures contracts and options on corn futures traded in the Derivatives Market; | |||
| read more | |||
| STOXX Monthly Index Report – 2011 In Review | |||
| January 2, 2012--As of December 30, 2011 stock market indices in Europe, Asia, the U.S. and globally were down in 2011, according to global index provider STOXX Limited. For the month of December, the Europe, Asia, U.S. and global markets were up 4.46%, 3.32% and 3.89%, respectively. | |||
| read more | |||
| US Department of the Treasury US Economic Data - Quarterly Update | |||
| January 6, 2012--The US Department of the Treasury US Economic Data - Quarterly updates is now available. | |||
| read more | |||
| FEAS Monthly Report December 2011 | |||
| December 29, 2011--Highlights FEAS: Dow Jones Indexes, a leading global index provider, and the Federation of Euro-Asian Stock Exchanges (FEAS) announced the launch of the first blue-chip index derived from Euro-Asian stock exchanges, the Dow Jones FEAS Titans 50 Equal Weighted Index. | |||
| read more | |||
| The Dow’s Expansion To Europe, Asia And Milestone Anniversary Cap Extraordinary 2011 For Dow Jones Indexes | |||
| 40% Jump in Indexes Licensed, Burst of Dividend Index Launches
Also Contribute to Impressive Year
Innovative Additions to DJ-UBS Commodity Indexes Family, Growth in Europe, More Awards for Islamic Market Indexes Series December 29, 2011--In an extraordinary year marked by innovation and growth, leave it to the venerable Dow Jones Industrial Average to provide the signature moments for Dow Jones Indexes in 2011. | |||
| read more | |||
| Sebi allows 2 and 5 year IRFs in G-secs | |||
| December 30, 2011-- In order to help investors guard against interest rate fluctuations, capital market regulator Sebi today introduced two-year and five-year exchange-traded IRFs (Interest Rate Futures) in government bonds. | |||
| read more | |||
| Turnover at Deutsche Börse’s cash market at 1.48 trillion euros | |||
| Turnover 12 percent up year-on-year/
82.7 billion euros turnover on Xetra in December January 2, 2012-- In 2011, 1.48 trillion euros were turned over at the cash market of Deutsche Börse. This is an increase of about 12 percent compared to 2010 (1.32 trillion euros). Order book turnover on Xetra and the Xetra Frankfurt specialist trading stood at €86.5 billion in December – a decrease by 7 percent year-on-year (December 2010: €92.9 billion). | |||
| read more | |||
| Market Vectors Announces Expiration of HOLDRS Exchange Offers & Launch of Six New ETFs | |||
| Over $2 Billion in Tendered HOLDRS Accepted, New Industry-Focused Market Vectors ETFs Set for December 21st Launch December 20, 2011--Van Eck Global announced today the expiration of the exchange offers by its Market Vectors ETF Trust for any and all outstanding receipts of six Merrill Lynch-sponsored HOLDRS: Oil Service (OIH), Semiconductor (SMH), Pharmaceutical (PPH), Biotech (BBH), Retail (RTH), and Regional Bank (RKH). | |||
| read more | |||
| Highlights of Major Amendments in KRX Market Rules and Regulations in 2012 | |||
| January 2, 2012--These are major amendments introduced to Market Rules and Regulations of the Korea Exchange in 2012.
1. Amendment of order entrustment and quotation submission methods by the member* (KOSPI, KOSDAQ and Derivatives Market) | |||
| read more | |||
| Japan Exchanges Look to Speed Up Merger | |||
| December 29, 2011--Japan's two largest exchanges are considering using a new legal framework to accelerate their merger, a move that could bring the country's top financial watchdog on board to champion the integration. | |||
| read more | |||
| Dow Jones Indexes To License Dow Jones Credit Suisse 30-Year Inflation Breakeven Index For ProShares 30 Year TIPS/TSY Spread ETF and ProShares Short 30 Year TIPS/TSY Spread ETF | |||
| Along With Dow Jones Credit Suisse 10-Year Inflation Breakeven Index,
New Index Family Seeks to Track Market Expectations for Long-Term Inflation
With Inflation at Historic Lows, Increasing Global Demand for Commodities, and Low Interest Rates, the Climate Seems Right for Inflation Index Products JANUARY 12, 2012 — Dow Jones Indexes, a leading global index provider, today announced that ProShares® has licensed the new Dow Jones Credit Suisse 30-Year Inflation Breakeven Index to serve as the basis for both the ProShares 30 Year TIPS/TSY Spread ETF and the ProShares Short 30 Year TIPS/TSY Spread ETF. | |||
| read more | |||
| BATS Announces First Primary Listings - Welcomes New iShares ETFs - Leading ETF Issuer To Launch Inaugural Listings On BATS Exchange - New ETFs Based On MSCI Indexes | |||
| January 12, 2012 – BATS Global Markets (BATS), a global operator of stock and options markets, today announced that BlackRock, Inc.’s (NYSE: BLK) iShares® Exchange Traded Funds (ETFs) business, the world's largest manager of ETFs, will list eight new ETFs on BATS Exchange, marking BATS’ first primary listings. | |||
| read more | |||
| Economic and Social Turmoil Risk Reversing the Gains of Globalization, Report Warns | |||
| Economic imbalances and social inequality risk reversing the gains of globalization A dystopian world, unsafe safeguards and the dark side of connectivity are this year’s major risk cases Report analyses top 10 risks in economic, environmental, geopolitical, societal and technological categories Key crisis management lessons from Japan’s earthquake, tsunami and nuclear disasters are highlighted January 11, 2012--The world’s vulnerability to further economic shocks and social upheaval risk undermining the progress that globalization has brought, warns the World Economic Forum in its Global Risks 2012 report, the seventh edition, published today. | |||
| read more | |||
| Economic Freedom, Not Goverment Spending, Provides Path To Prosperity, 18TH Index of Economic Freedom Shows | |||
| Hong Kong and Singapore top Index; United States falls to 10th; countries trying to spend their way out of recession failed, data shows
January 12, 2012--Economic freedom declined worldwide in 2011 as many countries attempted -- without success -- to spend their way out of recession, according to the 18th annual Index of Economic Freedom, released today by The Heritage Foundation and The Wall Street Journal. | |||
| read more | |||
| S&P downgrades France, eight other euro zone nations | |||
| January 13, 2012--Standard & Poor's stripped France of its top AAA rating on Friday and carried out a mass downgrade of half the nations in the euro zone, a move that may complicate European efforts to solve a two-year old debt crisis. Germany, the bloc's largest economy, was spared. | |||
| read more | |||
| Turkish economic growth to ease to 4 pct in 2012 | |||
| January 5, 2012--Turkey's economic growth will likely slow down to 4 percent this year from about 7.5 percent last year, a top government official said on Thursday. | |||
| read more | |||
| OECD annual inflation rate slows slightly to 3.1% in November 2011 | |||
| January 5, 2012--Consumer prices in the OECD area rose by 3.1% in the year to November 2011, compared with 3.2% in the year to October 2011. This easing in the annual rate of inflation mainly reflected the slower growth in energy prices, which increased by 11.7% in the year to November, down from 12.4% in the year to October. | |||
| read more | |||
| China's foreign exchange reserves decline quarterly for first time in decade | |||
| January 14, 2012--China's foreign exchange reserves have declined on a quarterly basis for the first time in a decade, indicating a need for the country to shore up market liquidity. | |||
| read more | |||
| Sarkozy Pushes Financial Transaction Tax While Seeing Risk of Going Solo | |||
| January 10, 2012--France will lead the way on taxing financial transactions in an effort to spur other countries into joining, President Nicolas Sarkozy said. | |||
| read more | |||
| Gold to hit record high in 2012, say analysts | |||
| January 8, 2012--Precious metals analysts expect gold prices to rise for a 12th year in a row and to reach a record high in 2012, but are less optimistic for silver and platinum, according to a survey by the London Bullion Market Association (LBMA). | |||
| read more | |||
| ETFs attract record global inflows in 2011 | |||
| January 11, 2012--Further strong growth is likely for the global exchange traded funds industry this year after it attracted record cash inflows in 2011, according to Deutsche Bank. | |||
| read more | |||
| Behind the scenes, FX industry prepares for euro break-up | |||
| January 6, 2012--Before the euro's launch in January 1999, the Bank of England issued a 110-page plan - everything from settlement timetables to roadworks on the big day - to ensure a smooth introduction of the common currency in the world's largest financial centre. | |||
| read more | |||
| Appetite for new US ETF wanes | |||
| January 10, 2012--A record number of new US exchange-traded funds failed to attract substantial investor demand last year, leaving fund operators facing losses in one of the first signs that the industry’s explosive growth may have peaked. | |||
| read more | |||
| SA stocks snap three-day winning streak | |||
| January 11, 2012--South African stocks pulled back from a four-week high on Wednesday and ended a three-day winning streak on renewed worries about eurozone debt crisis, but the benchmark index remained within range of its lifetime high. | |||
| read more | |||
| Banks lead SA stocks higher | |||
| Janaury 12, 2012--South African banks such as fourth-largest lender Nedbank followed their European counterparts to close higher after a successful Spanish bond auction generated market optimism and buoyed stocks on Thursday. | |||
| read more | |||
| Factory data helps rand to 5-week high | |||
| January 12, 2012--The rand rallied to a five-week high against the dollar on Thursday, breaking through resistance levels as manufacturing data signalled improved economic growth. | |||
| read more | |||
| Rand tumbles as Fitch revises SA outlook | |||
| January 13, 2012--The rand lost 1.5% against the US dollar in late trade on Friday, falling quickly after Fitch ratings agency revised the country’s outlook to negative from stable. | |||
| read more | |||
| JSE slips on Fitch downgrade | |||
| January 13, 2011--South African stocks retreated on Friday after the Fitch rating agency cut the country’s outlook to negative from stable, while weaker global markets also dampened sentiment. | |||
| read more | |||
| Miners lead JSE to 4-week closing high | |||
| January 10, 2012--South African stocks rose for a third straight trading day on Tuesday, pushing the benchmark index to its highest closing level in a month as a rebound in metal prices bolstered miners. | |||
| read more | |||
| Bonds firmer after auction | |||
| January 10, 2012--South African bonds were a few points firmer in midday trade on Tuesday, after a "reasonable" auction. | |||
| read more | |||
| JSE edges up as retailers gain | |||
| Janaury 9, 2012--South African shares ended a choppy, thin session a touch higher on Monday, helping the benchmark index notch up its second straight day of gains but it continues to look vulnerable to risk aversion due to debt problems in the eurozone. | |||
| read more | |||
| Platinum options traded on JSE for first time | |||
| January 9, 2012--The JSE [JSE:JSE] has seen 800 platinum option contracts traded on the Safex commodity derivative's global market late last week, the first time that the JSE has seen this trading strategy used by market participants. | |||
| read more | |||
| JSE ticks up as gold miners recover | |||
| January 6, 2012--South African shares ticked higher on Friday as battered down stocks such as telecom MTN Group [JSE:MTN] and safe-haven gold miners recovered ground. | |||
| read more | |||
| Rand ends first week of 2012 steady | |||
| January 6, 2012--The rand held steady against the dollar on Friday and was largely range-bound at the end of a week characterized by low liquidity as South African traders slowly returned to work. | |||
| read more | |||
| JSE suffers first down day of 2012 | |||
| January 5, 2012--South African stocks closed lower on Thursday for the first time in four days, with the Top 40 - (Tradeable) [JSE:J200] index falling more than 1%, dragged down by blue-chip telecoms firm MTN and gold miners. | |||
| read more | |||
| Risk aversion drags down rand | |||
| January 5, 2012--The rand hit a two-week low against the dollar on Thursday, dropping through key levels and weakening along with other emerging market currencies as investors cut back on risky assets. | |||
| read more | |||
| JSE closes up, just short of key level | |||
| January 4, 2012--South Africa’s Top 40 - (Tradeable) [JSE:J200] index of blue chips failed to break a key technical resistance level on Wednesday despite investor interest in gold producers such as Harmony Gold and AngloGold Ashanti. | |||
| read more | |||
| Eurozone woes knock rand - again | |||
| January 4, 2012--The rand snapped a four-day winning streak on Wednesday to fall 1.6% against the dollar, tracking a weaker euro as concerns about the eurozone debt crisis persist. | |||
| read more | |||
| Indian PM set sights on 10% growth | |||
| January 8, 2012-- Indian Prime Minister Manmohan Singh on Sunday said he hoped the nation's economy would overcome a recent dip in confidence to post annual growth rates closer to 9% or 10%. | |||
| read more | |||
| Fitch downgrades SA outlook | |||
| January 13, 2012--Fitch cut South Africa’s rating outlook to negative from stable on Friday, saying it had seen limited progress on several long-standing structural issues that have over time caused the country’s economic performance to fall behind its peers. | |||
| read more | |||
| Eurozone growth less than expected in third-quarter | |||
| January 11. 2012--The European Union revised downwards on Wednesday its figure for eurozone growth over the third quarter of last year, to 0.1 percent. | |||
| read more | |||
| S&P 'downgrades France one notch, spares Germany' | |||
| January 13, 2012--Standard & Poor's has decided to downgrade France's top credit rating by one notch but will spare Germany, Belgium, Luxembourg and the Netherlands, EU government sources told AFP on Friday. | |||
| read more | |||
| Ireland's economy in facts and figures | |||
| January 14, 2012--- Herewith a few facts and figures on Ireland, which was the second eurozone to seek a bailout, agreeing an 85-billion-euro ($111-billion) European Union-International Monetary Fund rescue package in November last year. | |||
| read more | |||
| Greece's economy in facts and figures | |||
| January 14, 2012--Basic economic figures for Greece, the epicentre of the eurozone debt crisis and the first member state to be bailed out by the European Union and the International Monetary Fund, in May 2010. | |||
| read more | |||
| NYSE Euronext Maintains Leading Position in Global Exchange Traded Products Market | |||
| In the European markets, all-time high turnover volumes for ETFs & ETVs and over 65,000 new certificates and warrants listings in 2011 NYSE Arca listed nearly 300 new ETPs in 2011 – a new record- Over $1 trillion in combined listed assets under management on NYSE Arca, more than any U.S. exchange group January 12, 2012---NYSE Euronext (NYX) today announced that it led the market in Exchange Traded Products (ETP) listings with more than 450 new ETN, ETF and ETV listings globally in 2011. | |||
| read more | |||
| Standard & Poor's Announces Changes In The S&P/TSX Venture Composite Index | |||
| December 12, 2012--Standard & Poor's will make the following changes in the S&P/TSX Composite Index:
Meadow Bay Gold Corporation (TSXV: MAY) will graduate to trade on TSX at the open of trading on Monday, January 16, 2012. The ticker symbol will remain "MAY" and the CUSIP number will remain 583081 10 4. | |||
| read more | |||
| ESMA publishes the annual report on application of the regulation on credit rating agencies | |||
| January 12, 2011--This is the first report under the new CRA regulation, however, please note that CESR published a report about the application of the Regulation in the EU and, in particular, on the implementation of the requirements established in Annex I of the Regulation on 6 December 2010 (CESR/10-1424), according to Article 21(4) of the Regulation which was subsequently amended by Regulation No (EC) 513/2011. | |||
| read more | |||
| NYSE Euronext launches a new website dedicated to Europe’s regulatory revolution in financial services | |||
| December 12, 2012--NYSE Euronext has today launched a new channel on its website dedicated to financial services regulatory policy in the European Union. The site kicks off with a review of the European Commission’s proposals on MiFID II and MiFIR. Aimed at legislators, policy makers, opinion formers and the media, the webpage will provide a new source of information, comment and analysis from a major player in European capital markets. | |||
| read more | |||
| EEX Review of 2011 – EEX asserts itself in a difficult market environment – Boom in short-term trading | |||
| Natural Gas Market reaches record level
January 12, 2012--In the past business year, the European Energy Exchange AG (EEX) succeeded in expanding its position as major energy exchange in Europe and increasing the liquidity of its trading markets for power, natural gas and emission allowances. | |||
| read more | |||
| During the January holidays total trading volume of the MICEX-RTS markets reached RUB2.4 trillion | |||
| January 12, 2012--In 2012 the Russian stock market was open during the January public holidays for the first time. From 3rd January to 9th January, 2012 the integrated exchange MICEX-RTS operated its trading services on the derivatives, securities, currency and money markets. | |||
| read more | |||
| Japan Officials Tell U.S. Volcker Rule May Hamper Government Bond Trading | |||
| January 12, 2011--Japan’s central bank and financial regulator told U.S. authorities that the Volcker Rule restricting proprietary trading would hamper the market for Japanese government bonds, according to a letter released today. | |||
| read more | |||
| NYSE won't make more concessions for merger, exec says | |||
| January 13, 2012--A senior executive of the New York Stock Exchange said it would not make further concessions to secure approval by EU regulators of its planned merger with German stock market operator Deutsche Boerse. | |||
| read more | |||
| SEC tightens leash on exchanges post "flash crash" | |||
| January 12, 2012--The May 2010 "flash crash" was bad for almost everyone involved in the stock market, but for the Securities and Exchange Commission, it was a disaster. | |||
| read more | |||
| Leaner Hedge Fund Sector Forecast to Emerge in Asia | |||
| January 12, 2011--A leaner hedge fund industry will prevail this year, with new hedge funds facing a challenging fundraising environment as prime brokerages and administrators battle to maintain or increase margins, according to Eurekahedge. | |||
| read more | |||
| Financial Times Says ETFs Are Reaching A Saturation Point | |||
| January 12, 2012--The U.S. ETF market may be getting saturated, says the Financial Times, as the appetite for new funds wanes. Last year, a record 302 exchange traded products were launched, a little less than the 389 funds that made up the entire market in 2007. At the end of 2011, there were 1,369 ETPs with more than $1 trillion in assets under management. | |||
| read more | |||
| CFTC.gov Commitments of Traders Reports Update | |||
| December 23, 2011--he current reports for the week of December 20, 2011 are now available. | |||
| read more | |||
| CFTC.gov Commitments of Traders Reports Update | |||
| January 6, 2012--The current reports for the week of January 3, 2012 are now available. | |||
| read more | |||
| CFTC.gov Financial Data for Futures Commission Merchants Update | |||
| January 12, 2012--Selected FCM financial data as of November 30, 2011 (from reports filed by January 2, 2012) is now available. | |||
| read more | |||
| CFTC Commitments of Traders Reports Update | |||
| January 13, 2012--The current reports for the week of January 10, 2012 are now available. | |||
| read more | |||
| U.S. Department of the Treasury Economic Statistics - Monitoring the Economy Update | |||
| January 13, 2011--The Office of Economic Policy monitors key economic indicators to produce the following summary tables of monthly and quarterly U.S. economic statistics | |||
| read more | |||
| KRX To List TIGER Consumer ETF On January 17, 2012 | |||
| January 13, 2011--The Korea Exchange will be listing TIGER Consumer ETF on its KOSPI Market on Jan 17, 2012. | |||
| read more | |||
| SGX lists CapitaMalls Asia 10-year retail bonds | |||
| January 13, 2012--Singapore Exchange (SGX) today welcomed the listing of CapitaMalls Asia’s 10-year bonds on Mainboard under the stock code “PW3Z”. | |||
| read more | |||
| Swiss Trading Delayed by Technical Problems | |||
| January 13, 2012--The SIX Swiss Exchange opened trading at noon Friday, after “technical problems for all securities” delayed its opening. | |||
| read more | |||
| Tomorrow marks the 20th anniversary of the IBEX 35® Futures Contract | |||
| January 13, 2012--The IBEX 35® has been calculated and disseminated as the Spanish stock market’s benchmark since 14 January 1992 | |||
| read more | |||
| BATS Chi-X Europe Integration Update: Technical Specifications And Connectivity Pricing Now Available | |||
| January 13, 2011--BATS Europe has recently published the second in a series of communications to highlight key integration materials surrounding the upcoming Chi?X Europe acquisition, which is currently pending regulatory approval. BATS is dedicated to making this a smooth integration for all the parties involved. Please watch for future notices regarding the integration process. | |||
| read more | |||
| Standard & Poor's Takes Various Rating Actions On 16 Eurozone Sovereign Governments | |||
| January 13, 2011--In our view, the policy initiatives taken by European policymakers in recent weeks may be insufficient to fully address ongoing systemic stresses in the eurozone. | |||
| read more | |||
| Standard & Poor's Announces Quarterly Review Of S&P/TSX Preferred Share Index And The S&P/TSX Venture Select Index | |||
| December 13, 2012--Standard & Poor's Canadian Index Operations announces the following index changes as a result of the quarterly S&P/TSX Preferred Share Index and S&P/TSX Venture Select Index Reviews. | |||
| read more | |||
| PowerShars files with the SEC-PowerShares [Commodity Rotation Portfolio] | |||
| January 13, 2012--PoweShares has filed a post-effective amendment, registration statement with the SEC for the PowerShares [Commodity Rotation Portfolio]. The PowerShares [Commodity Rotation] Portfolio is an actively managed exchange traded fund. | |||
| read more | |||
| PowerShares files with the SEC | |||
| January 13, 2012--PoweShares has filed a post-effective amendment, registration statement with the SEC for the PowerShares [Equity Allocation] Portfolio. The PowerShares [Equity Allocation] Portfolio is an actively managed exchange traded fund. | |||
| read more | |||
| EURO AREA SECURITIES ISSUES STATISTICS: NOVEMBER 2011 | |||
| January 11, 2012--The annual growth rate of the outstanding amount of debt securities issued by euro area residents decreased from 3.4% in October 2011 to 2.5% in November. For the outstanding amount of quoted shares issued by euro area residents, the annual growth rate was 1.5% in November 2011, compared with 1.7% in October. | |||
| read more | |||
| CFTC Commences 90-day Review of NADEX’s Proposed Political Event Derivatives Contracts | |||
| Seeks Public Comment on the Proposed Contracts January 5, 2011--The Commodity Futures Trading Commission (CFTC) on January 3, 2012, issued a letter informing the North American Derivatives Exchange (NADEX) that it has commenced a 90-day review of NADEX’s proposed political event derivatives contracts. | |||
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| UAE banking market most competitive in GCC, despite lower profits | |||
| January 12, 2012--United Arab Emirates: According to a report by the Abu Dhabi Islamic Bank (ADIB) reports, the UAE remains the most competitive banking market in the GCC, | |||
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| Saudi oil output nears full capacity | |||
| January 12, 2012--Saudi Arabia: Saudi Arabia will find it difficult to compensate shortages derived from sanctions on Iran, Reuters has reported, citing sources from the region. | |||
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| Emaar Properties shares remain stuck at Dhs2.50 | |||
| January 12, 2012--The Dubai Financial Market (DFM) General Index declined 0.45% to 1,327.54 points. | |||
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| Developers, Etisalat weigh on Abu Dhabi bourse | |||
| January 12, 2012--The ADXGI fell 0.20% to 2,360.82 points. Development leaders Aldar Properties and Sorouh Real Estate dived 2.40% and 2.70 respectively. | |||
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| Qatar's Gulf Warehousing reports annual profit increase, shares fall | |||
| January 12, 2012--The Qatar Exchange (QE) Index declined 0.13% to 8,699.46 points. The country's largest lender by assets Qatar National Bank ened unchanged at QR147.50. | |||
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| DP World shares remain on solid growth path | |||
| January 12, 2012--The FTSE NASDAQ Dubai UAE 20 Index closed a quarter per cent lower at 1366.96 Thursday. | |||
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| Dubai Financial Market fluctuates, ends in the green | |||
| January 10, 2012--The DFM General Index added 0.36% to reach 1,340.32 points, finishing a roller coaster trading session on Tuesday. | |||
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| Dubai Gold Securities continue range trading | |||
| January 10, 2012--The FTSE NASDAQ Dubai UAE 20 Index closed 0.43% higher at 1364.44 points. Bellwether DP World closed even at $9.90. | |||
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| Lacklustre Abu Dhabi market ends even | |||
| January 10, 2012--The ADX General Index added 0.05% to reach 2,362.17 points. like the market gauge, Sorouh Real Estate and Bank of Sharjah closed unchanged. | |||
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| Qatari bank shares, market index tumble | |||
| January 10, 2012--The Qatar Exchange (QE) dived two per cent to 8,629.25 points, as shares lost value across the board, with banks taking a severe hit in particular. | |||
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| Saudi Hotels Company gain on 2011 profit increase | |||
| January 10, 2012--The Saudi Arabian Tadawul market index soared half a per cent Tuesday, closing at 6,476.6 points. Petrochemical leader Sabic added 0.80% to close at SR94.75. | |||
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| Despite lying on the bargain table, DFM shares fall further | |||
| January 11, 2012--The Dubai Financial Market (DFM) General Index fell half a per cent to 1,333.52 points. | |||
| read more | |||
| Despite lying on the bargain table, DFM shares fall further | |||
| January 11, 2012--The Dubai Financial Market (DFM) General Index fell half a per cent to 1,333.52 points. | |||
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| Qatari takeover plans lift Damas shares to $0.40 | |||
| January 11, 2012--The FTSE NASDAQ Dubai UAE 20 Index closed 0.43% higher at 1370.33. Damas Jewellery soared 14.29% to hit $0.40. Earlier in the day Mannai Corp. from Qatar confirmed media reports it considers a cash offer for Damas for $0.45 per share as the founding brother Abdullah plan to sell part of their stake in Damas. | |||
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| Qatar market rebounds by one per cent, Mannai Corp. ends flat | |||
| January 11, 2012--The Qatar Exchange (QE) Index added 0.95% to reach 8,710.89 points. Qatar National Bank reovered from yesterday's price slump (minus five per cent) and surged 1.72% Wednesday, closing at QR147.50. | |||
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| First Gulf Bank advances on sukuk plans | |||
| January 11, 2012--The Abu Dhabi market gauge ADXGI added 0.14%, finishing at 2,365.46 points. | |||
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| Fickle oil prices decelerate Saudi market advances | |||
| January 11, 2012--Despite market bellwether Sabic losing a quarter per cent Wednesday, the Tadawul All Share Index (Tasi) added 0.15% to close at SR94.50. Shares of Arab National Bank closed 0.36% higher at SR27.60. | |||
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| Egypt regulator prepares plan to revive markets | |||
| January 11, 2012--Egypt: The Egyptian Financial Supervisory Authority (EFSA) is preparing steps to help companies resume raising money in the country's moribund capital markets, with active issuance of stocks and bonds still likely to be many months away because of political uncertainty, | |||
| read more | |||
| FlexShares files with the SEC | |||
| January 12, 2012--FlexShares has filed a pre-effective amendment, registration statement with the SEC for the FlexSharesSM Morningstar Developed ex-US Markets Factor Tilt Index Fund. | |||
| read more | |||
| FlexShares files with the SEC | |||
| January 12, 2012-FlexShares has filed a second and restated application for exemptive relief with the SEC for actively-managed ETFs. | |||
| read more | |||
| Vanguard files with the SEC | |||
| January 12, 2011--Vanguard has filed a post-effective amendment, registration statement with the SEC. | |||
| read more | |||
| Finansbank A.ŞS applied for listing of “U.S. Treasury USDTRY Exchange-Traded Fund’s Participation Certificates" on the ISE | |||
| January 5, 2011--Finansbank A.Finansbank A..ŞS applied for listing of "U.S. Treasury USDTRY Exchange-Traded Fund’s Participation Certificates" on the Istanbul Stock Exchange (ISE). | |||
| read more | |||
| First TRust files with the SEC | |||
| January 11, 2011--First Trust has filed a post-effective amendment, registration statement with the SEC. | |||
| read more | |||
| State Street files with the SEC | |||
| January 11, 2012-State Street has filed a post-effective amendment, registration statement with the SEC for the SPDR S&P® Small Cap Emerging Asia Pacific ETF (GMFS). | |||
| read more | |||
| PowerShares files with the SEC | |||
| January 11, 2012--PowerShares has filed a post-effective amendment, registration statement with the SEC for the PowerShares S&P International Developed Low Volatility Portfolio (IDLV) and | |||
| read more | |||
| MTS Licences Lyxor for Macro Weighted Government Bond Indices | |||
| January 11, 2011--MTS, Europe’s premier facilitator for the European electronic fixed income market announced that it has granted an exclusive license to Lyxor International Management to create ETFs based on its new EuroMTS Macro-Weighted AAA Government Bond Indices. | |||
| read more | |||
| Too-Big-to-Fail Bank Definition May Be Expanded by Regulators | |||
| January 10, 2012--Global regulators may expand the definition of a too-big-to-fail financial firm, signing up domestic lenders, clearing houses and insurers to capital rules designed for the world’s biggest banks. | |||
| read more | |||
| EDHEC-Risk Institute Draws the French Government’s Attention to the Inadvisability of Imposing a Tobin Tax in France | |||
| January 11, 2012--In an open letter dated January 10, 2012 addressed to the French Prime Minister, which itself referred to a previous letter addressed to the European Internal Market and Services Commissioner, Michel Barnier, EDHEC-Risk Institute has underlined the difficulties and risks associated with implementing a tax on financial transactions in France. | |||
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| New ETF to be Listed on Mar. 30, 2012 (Fri.) - Nikko Asset Management Co., Ltd. "Listed Index Fund Emerging Bond"- | |||
| January 11, 2012--Today, Tokyo Stock Exchange, Inc. (TSE) approved the listing of a new ETF created by Nikko Asset Management Co., Ltd. The ETF will be listed on Friday, March 30, 2012.. Code: 1566 (ISIN JP3047420009) Name:Listed Index Fund Emerging Bond (Barclays Local EM) Fund Administrator:Nikko Asset Management | |||
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| 2011 in Retrospect: “Transparency in Energy Markets” | |||
| January 11, 2011--In 2011, the “Transparency in Energy Markets” (www.transparency.eex.com) platform – the central publication location for energy market data, such as regarding the installed capacity, scheduled and unscheduled power plant outages and on the planned and actual generation of power – was further expanded and improved. | |||
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| Powernext Energy Savings: Launch Of The Organised Market For Energy Savings Certificates On 10th January 2012 | |||
| January 11, 2012--Powernext launched the Energy Saving Certificate (in French “Certificats d’Economies d’Energie” or CEE) organised market on 10th January 2012. This launch follows a study made in close cooperation with the market actors since 2009. After a first phase of obligations (2006-2009) where the objective was largely exceeded without any heavy involvement of the market, | |||
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| Deutsche Boerse's NYSE deal seen heading for the rocks | |||
| EU regulators seen blocking NYSE DB deal
Lobbying efforts likely to fail -analysts EU commission declines to comment January 11, 2012--Deutsche Boerse AG's last-ditch lobbying efforts in support of its proposed takeover of NYSE Euronext look set to fail, leaving the deal heading for the rocks with European antitrust regulators expected to block the deal | |||
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| ISDA Announces Membership and Mission of the Industry Clearing Committee | |||
| Janury 11, 2012--The International Swaps and Derivatives Association, Inc. (ISDA) announced today the membership and charter of the Industry Clearing Committee (ICC). The ICC, which consists of a broad cross-section of over-the-counter (OTC) derivatives industry market participants, was formed by ISDA in June 2011 to meet current and emerging industry needs in respect of clearing. | |||
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| Opening Statement, Eighth Open Meeting to Consider Final Rules, Pursuant to the Dodd-Frank Act-Commissioner Jill E. Sommers | |||
| January 11, 2012--Thank you Mr. Chairman. And, as always, I thank the teams who have worked so diligently on the proposal and final rules we are considering today. | |||
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| Opening Statement Before a Meeting of the Commodity Futures Trading Commission, Washington, DC-Chairman Gary Gensler | |||
| January 11, 2012--Good morning. This meeting will come to order. This is a public meeting of the Commodity Futures Trading Commission (CFTC) to consider final and proposed rules under the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). I’d like to welcome members of the public, market participants and members of the media, as well as those listening to the meeting on the phone or watching the webcast to our first Commission meeting in 2012. | |||
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| Prohibitions and Restrictions on Proprietary Trading and Certain Interests In, and Relationships With, Hedge Funds | |||
| Statement of Commissioner Scott D. O’Malia January 11, 2012--Introduction The Commission is considering today a Notice of Proposed Rulemaking (“Proposal”) to implement the statutory requirements of Section 619 of the Dodd-Frank Act (the “DFA”), amending the Bank Holding Company Act of 1956, commonly known as the “Volcker Rule”. Congress gave us a difficult mandate to separate proprietary trading from legitimate and essential market-making, underwriting and hedging responsibilities. | |||
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| “That it was all very complicated.”1 | |||
| January 11, 2012--Opening Statement of Commissioner Scott D. O’Malia, Open Meeting on Three Final Rules, One Proposed Rule, and One Delegation of Authority Order
January 11, 2012--Introduction “That it was all very complicated,” writes Michael Lewis in his 2010 book The Big Short: Inside the Doomsday Machine. He was writing about how customers were sold publicly-traded credit default swaps (CDOs) by Wall Street firms and were kept in the dark about the nature and value of these investments. | |||
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| Statement, Open Meeting of the Commodity Futures Trading Commission, Washington, DC | |||
| Commissioner Bart Chilton January 11, 2012-- When Things Go Wrong My mother used to say sometimes you need to see what things look like when they go really wrong, in order to appreciate how good you had it when things were going right. | |||
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| Standard & Poor's Announces Changes In The S&P/TSX Canadian Indices | |||
| January 11. 2011--Standard & Poor's will make the following changes in the S&P/TSX Canadian Indices:
The shareholders of Emerge Oil & Gas Inc. (TSX:EME) and Twin Butte Energy (TSX:TBE) have approved the business combination between the two companies. | |||
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| Pendulum swings firmly in favour of Eurozone financial transaction tax | |||
| January 9, 2012--A very broad agreement in favour of an EU financial transaction tax emerged on Monday, at the start of the Economic and Monetary Affairs Committee's work on the legislative proposal. Spokespersons for Parliament's various political groups all advocated such a tax, at least throughout the Eurozone, and many deplored France's weekend hint that it could go it alone. | |||
| read more | |||
| First commodity ETF launched | |||
| January 9, 2012--Legal & General Investment Management (LGIM) and Source are pleased to announce the launch of the LGIM Commodity Composite Source ETF. The fund, which tracks the LGIM Commodity Composite Index, is designed to offer high quality, diversified exposure to commodities in a UCITS-compliant ETF. | |||
| read more | |||
| WallachBeth Adds 2 More Industry Vets to Firm's ETF Desk | |||
| Januay 9, 2012--WallachBeth Capital LLC (“WB”), the institutional brokerage/execution firm specializing in exchange-traded funds (ETFs), equities and options, today announced its further expansion with the addition of two more industry veterans to the firm’s ETF execution division, one of the leading ETF desks in the Industry. | |||
| read more | |||
| Euro listing for Nomura Voltage Mid-Term ETF | |||
| January 6, 2012--Source is pleased to announce that its Nomura Voltage Mid-Term Source ETF is now listed in EUR on the XETRA segment of Deutsche Börse. This listing complements the existing listing in USD on the LSE, and provides an EUR-tradable listing for easy access to volatility via the efficient ETF structure. | |||
| read more | |||
| ESMA Publishes A Q&A On MAD Regarding Definition Of Inside Information On Dividends | |||
| January 9, 2012--ESMA publishes today a Q&A on the definition of inside information of the Market Abuse Directive (MAD), with regards to information relating to dividends by an issuer of financial instruments | |||
| read more | |||
| CBOE Stock Exchange Completes Acquisition Of National Stock Exchange | |||
| January 9, 2012 - CBOE Stock Exchange (CBSX) announced today that it completed the acquisition of all-electronic National Stock Exchange (NSX) on December 30. The acquisition, approved by the Securities and Exchange Commission, allows CBSX to expand its footprint in the securities exchange space by wholly owning and operating a second separate exchange. | |||
| read more | |||
| Van Eck files with the SEC | |||
| January 6, 2011--Van Eck has filed a post-effective amendment, registration statement with the SEC for the Russia ETF (RSX). | |||
| read more | |||
| State Street files with the SEC | |||
| Janaury 6, 2011--State Street has filed a pre-effective amendment, registration statement with the SEC for the SSgA Active ETF Trust. | |||
| read more | |||
| Platinum options traded on JSE for first time | |||
| January 9, 2011--The Johannesburg Stock Exchange (JSE) has seen 800 platinum option contracts traded on the Safex commodity derivative's global market late last week, the first time that the JSE has seen this trading strategy used by market participants. | |||
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| QE tops among Arabian bourses | |||
| January 10, 2011--For the second consecutive year, Qatar Exchange (QE) emerged as the “best performing market” in the Arab region with its index growing 1.12% in 2011. QE was also the only bourse in the Arab world to register “positive price returns”. | |||
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| EPEX SPOT / EEX Power Derivatives: Power Trading Results in December | |||
| January 4, 2011--In December 2011, a total volume of 30.9 TWh was traded on EPEX SPOT’s auction and intraday markets (December 2010: 26.2 TWh). | |||
| read more | |||
| BATS Chi-X Europe First to Launch Four-Way Interoperable Clearing | |||
| TRADES ON BATS EUROPE AND CHI-X EUROPE NOW CLEARED THROUGH ONE OF FOUR FULLY INTEROPERABLE CENTRAL COUNTERPARTIES
January 9, 2011--BATS Chi-X Europe today announced the launch of four-way interoperable clearing, which allows BATS Europe and Chi-X Europe participants to choose from EMCF, EuroCCP, LCH.Clearnet and SIX x-clear to clear their trades. | |||
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| Postpone the Launch of SSE 300, SSE 100 and SSE 100 EW Indices | |||
| January 9, 2011--SSE and CSI together decided to postpone the scheduled launch of SSE 300, SSE 100 and SSE 100 | |||
| read more | |||
| Gold holdings at a record level in 2011 | |||
| Xetra-Gold reserve with a value of around €2.1 billion in central vault January 9, 2012--The value of gold stored by Deutsche Börse Commodities rose by around 32% in 2011 to €2.1 billion (as at 31 December 2011), thus achieving a new record level. The gold in the central vault well crossed the 50 ton mark in the course of the year. The highest demand for Xetra-Gold was in July and August. | |||
| read more | |||
| New Source ETF launched on Xetra | |||
| ETF tracks volatility of US blue chips January 6, 2011--An additional index fund issued by Source has been tradable on Xetra since Thursday. It is the first Euro-traded ETF to enable investors to invest in the volatility of American blue chips. ETF name: Nomura Voltage Mid-Term Source ETF Asset class: volatility ISIN: DE000A1JQQZ6 | |||
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| Market Vectors Changing Index of Its Russia ETF (RSX) | |||
| Largest Russia-Focused ETF Will Begin Tracking Benchmark Providing Unique Pure-Play Approach to Indexing and Sophisticated Liquidity Screens.
January 6, 2011--Effective on or about March 16, 2012, Market Vectors Russia ETF (NYSE Arca: RSX) will begin tracking a new benchmark, the Market Vectors Russia Index (ticker: ticker::MVRSX). MVRSX employs the Market Vectors Index Methodology that focuses on investability. | |||
| read more | |||
| Direxion Names New Senior Regional Sales Director for the Northwest Region | |||
| Industry Veteran Angelo Pirri Will Service Advisors Across All Sales Channels
January 3, 3011--Direxion, a leader in alternative investment solutions, has named Angelo Pirri as its new Senior Regional Director for the Northwest Region. | |||
| read more | |||
| CFTC to Hold Open Meeting to Consider Three Final Rules, One Proposed Rule and a Delegation of Authority Order | |||
| January 4, 2011--The Commodity Futures Trading Commission (CFTC) will hold a public meeting on Wednesday, January 11, 2012, at 9:30 a.m., on the following topics:
Final Rule: Registration of Swap Dealers and Major Swap Participants; Final Rule: Protection of Cleared Swaps Customer Contracts and Collateral: Conforming Amendments to the Commodity Broker Bankruptcy Provisions; | |||
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| Basel III liquidity standard and strategy for assessing implementation of standards endorsed by Group of Governors and Heads of Supervision | |||
| January 8, 2011--The Group of Governors and Heads of Supervision (GHOS), the oversight body of the Basel Committee on Banking Supervision, met on 8 January 2012. The main items of discussion were the Basel Committee's proposals on the Liquidity Coverage Ratio (LCR) and its strategy for assessing implementation of the Basel regulatory framework more broadly. | |||
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| DGCX 2011 annual volumes rise 110% to record over 4 million contracts | |||
| January 04, 2012-- Annual volumes for 2011 on the Dubai Gold and Commodities Exchange (DGCX) registered a substantial growth of 110% from 2010 to reach 4,044,138 contracts, | |||
| read more | |||
| Lebanon could start drilling gas reserves this year | |||
| January 07, 2012--Lebanese energy expert, Roudi Baroudi has said the country is sitting on one of the biggest gas reserves in the region and drilling is likely to start as early as this year, | |||
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| Jazeera Airways shares recover from recent profit takings | |||
| January 09, 2012--Kuwait: The Kuwait Stock Exchange (KSE) Market Index fell half a per cent to 5,694.1 points. All sector indexes ended in the red. Budget carrier Jazeera Airways rebounded 5.74% to re-reach KD0.460. | |||
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| Investors fail to honour Arabtec'sDhs561m Dubai airport award | |||
| January 04, 2012--The Dubai Financial Market (DFM) General Index fell 0.30%, closing at 1,346.60 points. | |||
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| NASDAQ Dubai bellwethers end roller-coaster day in the green | |||
| January 04, 2012--The FTSE NASDAQ Dubai UAE 20 Index closed flat at 1378.930 Wednesday. Dubai Ports (DP) World gained 1.52% to close at $10.00. | |||
| read more | |||
| IPOs decline 69.3% in Mena region, says report | |||
| January 05, 2012--According to Ernst & Young’s year-end Mena IPO update, the regional capital markets have raised $843.9m in 2011, down 69.3% from $2.8bn in the previous year, | |||
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| Kuwait's budget surplus hits $42bn | |||
| January 05, 2012--According to data by Kuwait’s finance ministry, the Gulf country’s budget surplus has reached KD11.6bn ($41.6bn) in the first eight months of its 2011-12 fiscal year, | |||
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| Saudi Stock Exchange steady on growth path | |||
| January 08, 2012--After hitting a 5-month high Saturday, the Tadawul gauge in Riyadh added 0.25% today, closing at 6,467.61 points. | |||
| read more | |||
| Banks lift Bahrain Bourse slightly | |||
| January 04, 2012--Bahrain: The Bahrain All Share Index added 0.13% to reach 1,136.08 points. Islamic financial institution Ithmaar Bank surged 7.69%, ending at $0.07. | |||
| read more | |||
| NewGold ETF Loses Value on Poor Awareness | |||
| January 4, 2012--The newly-listed NewGold Exchange Traded Fund has shed 2.2 per cent at the stock market as demand for the instrument remained low apparently due to lack of awareness and understanding among investors. | |||
| read more | |||
| SSgA & PowerShares Clash Over KBW Products | |||
| December 30, 2011--On Oct. 24, State Street Global Advisors changed the indexes on five of its ETFs from benchmarks provided by KBW to a quintet from Standard & Poor’s in a shift that belied a bit of intrigue involving Invesco PowerShares. | |||
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| Invesco PowerShares Expands Low Volatility Family of ETFs | |||
| PowerShares S&P 500(R) Low Volatility Portfolio (SPLV) Surpasses $1 Billion in AUM January 13, 2012--Invesco PowerShares Capital Management LLC, a leading global provider of exchange-traded funds (ETFs), announced today that trading has begun on NYSE Arca for two new PowerShares ETFs that provide investors with access to low volatility strategies covering emerging and developed markets. | |||
| read more | |||
| Last trading day brings turbulent anniversary year to a close | |||
| January 2, 2011--Christoph Lammersdorf strikes upbeat note in review of Boerse Stuttgart´s anniversary year / Aggregate turnover well up on 2010 at around EUR 109 billion. | |||
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| Boerse Stuttgart reports 2011 turnover in excess of EUR 108 billion | |||
| Trading volume up more than 15 percent / Increases in all asset classes / Europe's market leader for securitised derivatives and Germany's market leader for corporate bonds / Another record year for ETF trading January 3, 2011--According to Boerse Stuttgart's order book statistics, aggregate turnover for 2011 was more than EUR 108 billion. This means that the total trading volume was over 15 percent up on the previous year's figures. | |||
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| Scoach remains Europe’s largest exchange for structured products | |||
| Consolidated trading volume of €62 billion/ Authorisation in Hong Kong highlights Scoach’s international character January 3, 2011--Scoach achieved a trading volume of €62 billion in Zurich and Frankfurt in 2011, making it Europe's number 1. Its total offering of over 800,000 tradable products is actually the largest in the world. | |||
| read more | |||
| Total trading volume at Eurex Group at 2.8 billion contracts in 2011 | |||
| Average daily volume in 2011 approximately 11.1 million contracts – increase of 7 percent/ Eurex KOSPI Product with highest growth rate/ Eurex Repo with significant increase in 2011 January 3, 2011--The international derivatives markets of Eurex Group ended 2011 with a turnover of approximately 2.8 billion contracts, compared with 2.64 billion in 2010. The total volume for 2011 splits into 2.04 billion contracts traded at Eurex Exchange (2010: 1.9 billion) and 778.1 million contracts traded at the International Securities Exchange (ISE) (2010: 745.2 million). | |||
| read more | |||
| Volcker rule may cost investors $315bn | |||
| January 3, 2011-Investors in US corporate bonds could suffer a $315bn paper loss as a result of the implementation of the so-called Volcker Rule, which limits banks’ trading for their own accounts, a new industry-funded study argues. | |||
| read more | |||
| Fed to Publish a Forecast of Rate Moves, Guiding Investors | |||
| January 3, 2011--The Federal Reserve will begin later this month to publish the predictions of its senior officials about their own decisions, hoping to increase its influence over economic activity by guiding investor expectations. | |||
| read more | |||
| Minutes of the Federal Open Market Committee, November 28 and December 13, 2011 | |||
| January 3, 2011--The Federal Reserve Board and the Federal Open Market Committee on Tuesday released the attached minutes of the Committee meeting held on December 13, 2011 and of the conference call held on November 28, 2011. | |||
| read more | |||
| Germany to remain safe haven despite any rating cut | |||
| January 3, 2011--A mass ratings downgrade of euro zone countries expected early this year is likely to increase selling pressure on French and Italian government debt, but could paradoxically consolidate Germany's safe-haven status. | |||
| read more | |||
| Bulk of emerging nations struggle through 2011 | |||
| January 2, 2011-It has been a torrid year for emerging markets and there have been few success stories. Amid fears of a global recession and huge volatility across markets, investors have fled many risky assets, including EM. | |||
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| Financials hold key to Wall Street revival | |||
| January 2, 2011--Eurozone bank contagion fears, tougher capital rules and looming restrictions on trading and derivatives continue to cloud the outlook for US financials. | |||
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| Upbeat data ignite JSE, global stocks | |||
| January 3, 2011-- South African stocks jumped nearly 3% in the first trading day of 2012, booking their highest close since early December, as better-than-expected Chinese manufacturing data helped drive mining companies higher. | |||
| read more | |||
| Asian shares rise on China economic data | |||
| January 3, 2011-- Asian shares rose on Tuesday, taking a lead from European markets which started 2012 in positive territory, and after China announced better-than-expected manufacturing data. | |||
| read more | |||
| Rand starts 2012 on firmer footing | |||
| January 3, 2011--The rand was slightly firmer against the dollar on the second trading day of the year on Tuesday and should stay largely range-bound as market players drift slowly back after the Christmas and New Year breaks. | |||
| read more | |||
| Spain public deficit may top 8% | |||
| January 2, 2011--Spain’s public deficit for 2011 may be higher than the 8 percent of GDP forecast by the new government, the economy minister said on Monday, fuelling fears the country faces a prolonged period of tight budgets and economic contraction. | |||
| read more | |||
| UN: Food prices may ease in 2012 | |||
| January 3, 2011--Food prices may ease in 2012 due to a slowing global economy, though no drastic drop from high levels is expected, the new director general of the UN’s Food and Agriculture Organisation (FAO) said on Tuesday. | |||
| read more | |||
| Etisalat, Taqa help Abu Dhabi bourse to rebound | |||
| January 03, 2012--The ADX General Index advanced half a per cent to reach 2,408.49 points, as bellwether Etisalat, the UAE's first telecom provider, gained 1.75% (closing at Dhs9.28). | |||
| read more | |||
| Qatar Exchange gains as banks prepare for annual reporting | |||
| January 03, 2012--Amid rising trading turnover, the Doha-based QE Index closed one per cent higher at 8,880.43 points, as stock gained across the board. Doha Bank surged 2.33%, while the country's largest lender | |||
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| Damas, DP World shine at NASDAQ Dubai | |||
| January 03, 2012--The FTSE NASDAQ Dubai UAE 20 Index closed 1.18% higher at 1,378.52 today. | |||
| read more | |||
| Dubai total trade with the world exceeds Dhs814bn at the end of 3rd Q 2011 | |||
| January 03, 2012--United Arab Emirates: Dubai's non-oil total trade, which includes direct trade, free zone trade, and customs warehouse trade, exceeded Dhs814bn at the end of third | |||
| read more | |||
| Oil prices, reform policy help Saudi Stock Exchange to advance | |||
| January 03, 2012--Saudi Arabia: The Riyadh-based Tadawul market surged a quarter per cent to reach 6,413.88 points. Arriyadh Development Co., a developer of of commercial , office and residential buildings, facilities and service buildings, posted the largest advance (up 5.78% at SR23.80). | |||
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| Kuwait Stock Exchange dips, as inflation declines | |||
| January 03, 2012--Kuwait: Losses in the industry and insurance sector dragged the KSE Market Index down by 0.20% to 5,780.9 points. National Bank of Kuwait or NBK closed even at KD1.100. Telecom operator Zain declined 1.12% to KD0.880. | |||
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| Eurozone manufacturing stuck in reverse: survey | |||
| Jsnuary 2, 2011--The eurozone manufacturing sector was in reverse for the fifth month in a row in December due to fewer orders, a global economic slowdown and financial market upheaval, a key survey showed Monday. | |||
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| Dubai Gold & Commodities Exchange Weekly Market Commentary | |||
| Economic Data Overview The week ahead leads up to the Christmas holiday and the bond market will close early on Friday, December 23, and will remain closed on Monday, December 26. | |||
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| Dubai Gold & Commodities Exchange Weekly Market Commentary --December 11, 2011 | |||
| December 11, 2011--Economic Data Overview Next week's US data includes several important economic data releases, notably on retail sales, inflation, and conditions in the factory sector as well as the statement issued after the FOMC meeting. | |||
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| DGCX November volumes rise 121 % year-on-year to reach 423,945 contracts | |||
| December 6, 2011--Year-to-date (YTD) volume stands at 3,629,409 contracts, a 106 % increase on 2010 Average daily volume in November stands at 19,270 contracts, a 101% rise on last year | |||
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| Dubai Gold & Commodities Exchange Weekly Market Commentary-December 4, 2011 | |||
| December 4, 2011--Economic Data Overview
The December 5 week will have little economic data to keep markets' attention with the November employment report out of the way, and the data on retail sales and inflation over a week away. However, monetary policy announcements from major central banks could prove timely as the euro zone struggles to meet the challenges of the sovereign debt crisis, and the global financial sector tries to limit the potential contagion. | |||
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| Dubai Gold & Commodities Exchange Weekly Market Commentary-November 27, 2011 | |||
| November 27, 2011--Economic Data Overview | |||
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| Dubai Gold & Commodities Exchange Weekly Market Commentary - November 20, 2011 | |||
| November 20, 2011-- Economic Data Overview The coming week in the US is shortened in the coming week by the Thanksgiving holiday on Thursday and the fact that Friday will see a lot of dealing rooms short on staff due to those taking advantage of the potential for a long weekend. | |||
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| Is Islamic Finance ready for more standardization? | |||
| January 2, 2011--As new market participants enter the scene, Shariah banking continues to grow despite the threat of a global recession. But is the industry also progressing in terms of unity and transparency? | |||
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| Qatar Exchange adds slightly, as market revamps listing and IPO rules | |||
| January 02, 2012--The Qatar Exchange (QE), the only Arab stock exchange which gained in 2011 (up one per cent) ended 0.10% higher at 8,786.07 points Monday. The banking and financial sector was the only advancing segment. | |||
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| Bahrain Bourse falls half a per cent, as trading activity remains low | |||
| January 02, 2012--The Bahrain All Share Index fell 0.45% to close at 1,138.51 Monday. Bahrain Telecom, known as Batelco, advanced half a per cent, ending at BD0.394. | |||
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| Saudi Arabian Tadawul market starts 2012 with modest gains | |||
| January 02, 2012--The Riyadh-based Tadawul All Share Index (Tasi) added 0.2% to reach 6,398.72 points. Al-Ahsa Development Co. gained the most, | |||
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| Kuwait inflation slows to 16-month low | |||
| January 03, 2012--Kuwait's annual inflation slowed to a 16-month low of 4.2% in November with prices unchanged from the previous month, and analysts expect price growth to remain at around current levels in the coming months, Reuters has reported. | |||
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| Egypt cancels auctions of bonds | |||
| January 03, 2012--Egypt's finance ministry has announced the cancellation by the central bank of the EGP5bn ($829m) three-year and five-year re-opened bond auctions, Reuters has reported. The central bank, | |||
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| Bahrain Bourse falls half a per cent, as trading activity remains low | |||
| January 02, 2012--Bahrain: The Bahrain All Share Index fell 0.45% to close at 1,138.51 Monday. | |||
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| Dubai Gold & Commodities Exchange Weekly Market Commentary - November 13, 2011 | |||
| November 13, 2011--Economic Data Overview The coming week again focuses on international events to the detriment of U.S. fixed income fundamentals, although there are Fed buys, official appearances and inflation and industrial data during the period. | |||
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| Dubai Gold & Commodities Exchange Weekly Market Commentary | |||
| October 30, 2011-Economic Data Overview The coming week offers a packed US data calendar as well as the US Treasury's quarterly refunding announcement and the FOMC meeting. | |||
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| Dubai Gold & Commodities Exchange Weekly Market Commentary | |||
| October 23, 2011--Economic Data Overview The October 24 week will initially focus on the summits in Europe and that may continue to be the theme, given few distractions from the US economic data. | |||
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| Trading Session Remaining In 2011, Dow Jones Utility Average On Track for Its Best Annual Performance in Four Years | |||
| DJUA Up 15.34% From Its 2010 Close
Shares of NiSource Top All DJUA Component Stocks Through Close of Trading on December 29, 2011
13 of the 15 Component Stocks Poised to Finish 2011 with Gains December 29, 2011– With one trading session remaining in 2011 the Dow Jones Utility Average is on track for its best yearly performance since 2007. The DJUA has gained 15.34% through the close of trading on December 29, 2011. | |||
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| Dow Jones Industrial Average Closes Up 5.53% In 2011;Third Consecutive Year In Positive Territory | |||
| McDonald’s Stock, Up 30.71% in 2011, Tops All Dow Components
IBM, Pfizer, Home Depot, Kraft Foods Round Out Top 5 December 30, 2011 – The Dow Jones Industrial Average closed 2011 with a gain of 5.53%, the third consecutive year that the bellwether index has finished in positive territory, according to data compiled by Dow Jones Indexes. Taken together – from the beginning of 2009’s trading through today’s final 2011 session — The Dow is up 39.21%. | |||
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| Dow Jones Utility Average Ends 2011 Up 14.74% For Its Best Annual Performance In Four Years | |||
| NiSource Tops All DJUA Component Stocks,
Ending 2011 with 35.13% Increase 13 of the 15 Component Stocks Finish the Year with Gains December 30, 2011--The Dow Jones Utility Average closed up 14.74% in 2011, with 13 of its 15 component stocks finishing with gains to give the DJUA its best yearly performance since 2007. | |||
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| India holds rates steady on growth concerns | |||
| December 15, 2011--India's central bank held key interest rates steady Friday as it struggles to foster growth amid high inflation, disappointing businesses who were looking for more drastic action. | |||
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| China, Japan unveil deals to tighten finance ties | |||
| December 25, 2011--Chinese and Japanese leaders have unveiled initiatives to tighten financial links between East Asia's economic giants and sometime rivals - measures that could expand use of China's tightly controlled currency abroad. | |||
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| From trough to peak: Turkey's inflation experience in 2011 | |||
| December 27, 2011--2011 was certainly a year of economic achievements for Turkey. Its gross domestic output (GDP) boomed and joblessness visibly declined even though the government opted for fiscal discipline and refrained from creating a pro-growth and pro-employment impact on the market through more public spending | |||
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| SEC Adopts Net Worth Standard for Accredited Investors Under Dodd-Frank Act | |||
| December 21, 2011 — The Securities and Exchange Commission has amended its rules to exclude the value of a person’s home from net worth calculations used to determine whether an individual may invest in certain unregistered securities offerings. The changes were made to conform the SEC’s definition of an “accredited investor” to the requirements of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act. | |||
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| Stocks to be included in ISE Stock Indices | |||
| December 21, 2011--The following changes will be made to the ISE 100, ISE 50, ISE 30, ISE Bank 10 and ISE | |||
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| Sovereign debt turmoil hits currencies | |||
| December 30, 2011--Currency markets endured a couple of blips as the illiquid trading conditions of Christmas week exaggerated the impact of larger trades on foreign exchanges. | |||
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| Treasuries lead gains in 2011, stocks suffer | |||
| Treasuries have best annual performance since 2008
World stocks fall 9 pct in 2011, S&P 500 ends flat Euro falls 3 pct against dollar in 2011 December 30, 2011--Better than oil, gold, or stocks, the best place for investors in 2011 was U.S. government debt. Not even a downgrade of the United States' AAA rating and spiraling public deficits stopped a rally in Treasuries, which were the best-performing major asset class of the year. | |||
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| Euro hits 10-year low vs yen, more trouble seen in 2012 | |||
| December 30, 2011--The euro capped off the most tumultuous year in its short history on Friday, slipping to a 10-year trough below 100 yen and struggling to hold gains against the dollar, a trend traders expect to continue in 2012. | |||
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| JSE slips into red for 2011 | |||
| December 30, 2011--South African stocks posted their first annual loss in three years on Friday, declining 0.6% for 2011 as concern about the eurozone crisis helped spark selling in miners and other companies sensitive to global growth. | |||
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| Rand and bonds firmer on last trading day | |||
| December 30, 2011--The rand was firmer against the dollar in very thin trade at noon on Friday, even as the euro came under slight pressure. | |||
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| Commodity prices drive JSE lower | |||
| December 29, 2011--The JSE ended the day in the red after commodities continued to dictate the local market direction. | |||
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| Rand slightly firmer against dollar | |||
| December 29, 2011-- South Africa's rand firmed against the dollar on Thursday with fewer importers around to buy dollars towards year-end but decent two-way trade left 8.10 resistance intact. | |||
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| JSE edges lower after US open | |||
| December 28, 2011--The JSE ended the day a shade lower as US markets started trade. | |||
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| Rand firms, stuck at resistance level | |||
| December 28, 2011--The rand firmed for a fifth day against the dollar on Wednesday, boosted by year-end flows and support for riskier assets from a stable euro. | |||
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| US, Europe woes hit China output | |||
| December 30, 2011--China's manufacturing activity continued to shrink in December, HSBC said on Friday, as economic strife in the key European and US markets hobbled demand for the nation's goods. | |||
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| Oil plunges on strong dollar, profit taking | |||
| December 28, 2011--World oil prices sank in volatile year-end deals on Wednesday, as traders took profits and eyed the strong dollar, new concerns over the eurozone debt crisis and fresh equity falls on Wall Street. | |||
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| ECB-Monetary developments in the euro area | |||
| December 29, 2011--The annual growth rate of the broad monetary aggregate M3 decreased to 2.0% in November 2011, from 2.6% in October 2011.1 The three-month average of the annual growth rates of M3 in the period from September 2011 to November 2011 decreased to 2.5%, from 2.8% in the period from | |||
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| The war on terabytes-Policymakers worry about attacks on America’s financial system | |||
| December 31, 2011--THE financial industry has done such a good job of bringing itself to its knees over the past four years that it is easy to overlook the threats it faces from outside. High among them is electronic attack. | |||
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| Qatar lenders complete first treasury bill trade | |||
| Move to pave way for firms to issue bonds December 30, 2011--QNB Group and Qatar Development Bank (QDB) have completed the first treasury bill trade in the secondary market after listing debt instruments on the Qatar Exchange. | |||
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| Qatar Exchange the only gaining Arab market in 2011 | |||
| December 29, 2011--The Qatar Exchange dipped 0.38% Thursday and ended the year of the Arab Spring with a tiny advance of one per cent, closing at 8,779.03 points. | |||
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| Damas shares surge 15.71%, climb above $0.20 | |||
| December 29, 2011--The FTSE NASDAQ Dubai UAE 20 Index closed one per cent higher at 1374.39 today. | |||
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| Kuwait Stock Exchange advances half a per cent | |||
| December 29, 2011--The KSE Market Index finished the least trading day of a difficult year with small profit of 0.50%, closing at 5,814.2 points. | |||
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| Aldar Properties jumps 9.52% on second government rescue move | |||
| December 29, 2011--Aldar Properties was the share of the day at the Abu Dhabi Exchange ADX. Aldar soared 9.52% to reach Dhs0.92, lifting the ADX General Index to 2,402.28 points. | |||
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| Dubai bourse finishes 2011 with a small day-profit | |||
| December 29, 2011--The DFM General Index added half a percent Thursday, closing at 1,353.39 points. | |||
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| State Street files with the SEC-SPDR S&P MILA 40 ETF | |||
| December 27, 2011--State Street has filed a post-effective amendment, registration statement with the SEC for the SPDR S&P MILA 40 ETF. | |||
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| State Street files with the SEC | |||
| December 7, 2011--State Street has filed a post-effective amendment, registration statement for the SPDR® Barclays Capital Breakeven Inflation ETF. | |||
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| Final Maturity Distribution Announcement for Guggenheim Bulletshares 2011 Corporate Bond ETF | |||
| December 29, 2011-Guggenheim Investments announced today the distribution proceeds for the maturity of Guggenheim BulletShares 2011 Corporate Bond ETF (nyse arca:BSCB) (the "Fund"), a maturity that was defined at the launch of the Fund. The final maturity distribution will be paid on December 30, 2011 to shareholders of record on December 29, 2011. | |||
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| Invesco PowerShares Provides Definitive Long-Term Capital Gains Information for 2011 | |||
| December 29, 2011--Invesco PowerShares Capital Management LLC, a leading global provider of exchange-traded funds (ETFs), announced today that it has delivered zero long-term capital gains distributions across 113 of 116 equity and fixed-income ETFs for 2011. | |||
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| Columbia Management Investment | |||
| December 29, 2011--Columbia Management Investment has filed a post-effective amendment, registration statement with the SEC for the Columbia Concentrated Large Cap Value Strategy Fund (GVT). | |||
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| Exchange-Traded Funds Assets-ICI Report | |||
| December 29, 2011--The combined assets of the nation’s exchange-traded funds (ETFs) were $1.045 trillion in November, according to ICI. The Institute’s monthly statistical collection also includes the value of shares issued and redeemed by exchange-traded funds. | |||
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| Van Eck files with the SEC | |||
| December 30, 2011--Van Eck has filed a application for exemptive relief with the SEC. | |||
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| CFTC Commitments of Traders Reports Update | |||
| December 30, 2011--The current reports for the week of December 27, 2011 are now available. | |||
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