Eurozone dismisses Greek budget deal-continued

February 10, 2012--Eurozone finance ministers dismissed as incomplete a reputed €3.3 billion package of Greek budget cuts presented to them in hopes of securing a new €130 billion bailout; lenders are demanding €325 million in further cuts to this year’s budget, parliamentary approval
of a sweeping reform package and a pledge from the country’s political leaders to ensure that they will maintain their commitment after April elections.

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Europe ETP News
Van Eck Global lists first Market Vectors UCITS ETFs in Europe on the ISE
April 15, 2015--Van Eck Global Investments Ltd., a subsidiary of Van Eck Global, one of the largest provider of exchange-traded funds (ETFs) in the U.S. and the sponsor of Market Vectors ETFs, has listed its first Market Vectors UCITS ETFs in Europe on the ISE.
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Cantor Fitzgerald's ETF team sees growth in IFA interest in the UK
April 9, 2015--One of the largest and most experienced ETF full service trading teams in the business arrived at financial services firm Cantor Fitzgerald in December 2013
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Euro area quarterly balance of payments and international investment position (fourth quarter of 2014)
April 9, 2015--Euro area quarterly balance of payments and international investment position (fourth quarter of 2014)
The current account of the euro area showed a surplus of €212.7 billion (2.1% of euro area GDP) in 2014.
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UK platforms struggle to keep up with ETF demand
April 8, 2015--Platforms are struggling to cope with the rapid increase in demand for passive investments, especially exchange traded funds, according to an outsourcing provider for the industry.
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Deutsche Borse launches new ShortDAX and LevDAX indices
April 8, 2015--Deutsche Börse today expanded its DAXplus strategy index offering with the launch of four new ShortDAX and LevDAX indices. The ShortDAX x9 and x10 indices and LevDAX x9 and x10 indices meet the needs of sophisticated market participants, based on different evaluations of market conditions, who are seeking access to leveraged investments in the DAX when prices rise or fall.
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New UBS bond index ETF launched on Xetra
ETF offers access to US corporate bonds with currency hedging
April 8, 2015--A new bond index ETF on liquid US investment grade corporate bonds from UBS Global Asset Management has been tradable on Xetra in Deutsche Börse's XTF segment since Wednesday.
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BlackRock expands currency-hedged ETF range
April 7, 2015--BlackRock has expanded its currency-hedged exchange traded fund (ETF) range with the launch of the iShares MSCI Europe ex-UK GBP Hedged Ucits ETF and the iShares JPX-NIKKEI 400 EUR Hedged Ucits ETF, providing investors with hedged exposure to European and Japanese equity markets respectively.
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HM Treasury- national statistics: UK official holdings of international reserves: March 2015
April 7, 2015--This monthly release shows details of movements in the UK's official holdings of international reserves, or assets.
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Xetra-15 years as Europe's leading ETF trading venue
1,057 ETFs now on offer/Record turnover for Q1
April 7, 2015--On 11 April 2000, Deutsche Börse became the first European stock exchange to offer trading in exchange-traded funds (ETFs) with its XTF segment.
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New iShares ETF launched on Xetra
ETF offers access to Japanese stock corporations with currency hedging
April 7, 2015--A new equity index fund from BlackRock has been tradable on Xetra in Deutsche Börse's XTF segment since Tuesday.
Name: iShares JPX-Nikkei 400 EUR Hedged UCITS ETF
Asset class: equity ETF
Total expense ratio: 0.45 percent
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Northern Trust Monthly Funds Market Review: New Irish fund structure officially launched/Record highs for assets in European listed ETPs/Northern Trust voted Best European ETF Fund Administrator
April 7, 2015--Th Monthly Funds Market Review from Northern Trust is now available for download.

This month's highlights include:
New Irish fund structure officially launched

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Advertising data reveal big fund house spenders
April 5, 2015--Advertising spending by Invesco Perpetual tripled last year.
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ECB says QE programme already boosting recovery
April 3, 2015--The European Central Bank said Thursday it is increasingly confident that its controversial bond purchase programme is helping boost the eurozone's economic recovery, even as a top official expressed doubts about its effectiveness.
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ECB says national central banks have flexibility on quantitative easing bond loans
April 2, 2015--The ECB laid out plans on Thursday to make bonds bought in its 1 trillion-euro stimulus programme available for borrowing, but said national central banks would have some flexibility in how they applied them.
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OECD-France must continue its reform process to boost growth and jobs
April 2, 2015--France has begun implementing a series of important pro-growth structural policy measures, but boosting medium-term growth will require more ambitious action to reform the labour market, curb high levels of public spending and taxation and create jobs, according to the latest OECD Economic Survey of France.
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HM Treasury-Statistics-national statistics: GDP deflators at market prices, and money GDP: March 2015
April 2, 2015--HM Treasury Statistics-national statistics: GDP deflators at market prices, and money GDP: March 2015(Quarterly National Accounts)is now available.
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Top ECB official sceptical about bond purchases: report
April 2, 2015--One of the members of the European Central Bank's executive board, Sabine Lautenschlaeger, expressed doubt Thursday that the ECB's controversial bond purchase programme will have the desired effect.
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Boerse Stuttgart generates turnover of around EUR 10.9 billion in March
April 2, 2015--Highest trading volume since August 2011/Record turnover from trading in equities and exchange-traded products
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IMF-Russia Economic Report 33: The Dawn of a New Economic Era?
April 1, 2015--The World Bank projects a negative growth outlook for Russia in 2015-2016, with the economy expected to contract by 3.8 percent in 2015 and modestly decline by 0.3 percent in 2016.
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Turnover at Deutsche Borse's cash markets at 162.6 billion euros in March
April 1, 2015--Order book turnover on Xetra, Börse Frankfurt and Tradegate Exchange across all asset classes stood at €162.6 billion in March (March 2014: €120.2 billion).
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A guide to the FCA's new benchmark regulation powers
April 1, 2015-The UK's markets regulator on Wednesday assumes formal oversight of seven more benchmarks, adding to its existing supervision of the
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EU lawmakers broaden commodities waiver in benchmarks bill
March 31, 2015--Securities market indexes, oil-price reports and other commodity indicators won wider exemptions from draft EU rules on financial benchmarks in a European Parliament committee vote today.
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Eurex Margin Call Said to Be Behind DuessHyp's Collapse
March 31, 2015--The near-collapse of Duesseldorfer Hypothekenbank AG, the German lender hit by Heta Asset Resolution AG's debt moratorium, was prompted in part by a margin call from Eurex, people familiar with the matter said.
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S&P Dow Jones Indices-Europe Index Dashboard
March 31, 2015--The European equity markets have been enjoying their stimulus: the S&P Europe 350(R) added a further 1.8% during March, bringing the quarter's total gain to a whopping 16.8%.
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Europe's proposed commodity position limits prompt concern
March 31, 2015--Major commodity traders in Europe are increasingly concerned about a regulatory proposal to put position limits on about 1,900 commodity
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ESMA publishes updated EMIR Q&A-No 12
March 31, 2015--The European Securities and Markets Authority (ESMA) has today issued the 12th update of its Q&A document on the implementation of the European Markets Infrastructure Regulation (EMIR).
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Benchmarks: restoring confidence in the financial markets
March 30, 2015--Benchmarks are widely used to track market developments, however financial scandals involving benchmarks such as Libor and Eurobibor have shown that they are susceptible to manipulation.
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First products on the IBEX 35 X10 leverage net & IBEX 35 X10 short indices listed on BME
March 30, 2015--Offering bullish and bearish exposure that is 10 times as much as the daily performance of the IBEX 35(R) NET RETURN
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OECD-Swedish economy resilient but needs to focus on productivity and human capital to keep its edge
March 30, 2015--The Swedish economy has been among the most resilient in Europe, despite the slow global recovery and high uncertainty, but challenges remain if it is to maintain high growth and well-being and extend prosperity to all, according to the latest OECD Economic Survey of Sweden.
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Pimco drops out of top-10 asset management brands in Europe
March 29, 2015--Pimco has dropped out of a coveted list of the top 10 asset management brands in Europe.
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Source announces changes to management team
March 27, 2-15--Source, an investment firm and one of the market-leading European providers of Exchange Traded Products (ETPs), announces two significant changes to its management team.
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ESMA-Draft technical standards under Article 10a(8) of MiFID on the assessment of acquisitions and increases in qualifying holdings in investment firms
March 27, 2015--Summary
Article 10b(4) of the Markets in Financial Instruments Directive (MiFID ) requires Member States to make publicly available the information necessary to carry out the assessment of a proposed acquirer of an investment firm.
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IMF Working paper-Spillovers in the Nordic Countries
March 27, 2015--Summary: Denmark, Finland, Norway, and Sweden form a tightly integrated region which has strong ties with the euro area as well as some exposure to Russia.
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Central banks call for lower capital requirements on top-quality pooled debt
March 27, 2015-Bonds based on high-quality loans should benefit from lower capital requirements to kick-start the market in Europe, the Bank of England and European Central Bank (ECB) said on Friday.
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Russia business sentiment bounces back in March
March 27, 2015--Russian business sentiment improved in March from a record low in the previous month, although a further decline in orders suggests that the recovery may be short-lived, according to the MNI Russia Business Sentiment Indicator.
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Vanguard chief plans two-pronged UK retail market assault
March 27, 2015--US asset management giant Vanguard is weighing up a two-pronged assault on the UK's growing retail investment market,
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Unscheduled adjustment in MDAX: CTS Eventim AG & Co. KGaA to replace TUI AG
March 27, 2015--Deutsche Börse today announced adjustments to its indices MDAX and SDAX.
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London launches Europe's first yuan money market fund
March 26, 2015--The London Stock Exchange has launched a yuan-denominated money market fund, allowing investors direct access to the Chinese interbank lending market.
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Monetary Developments in the Euro Area
March 26, 2015--The annual growth rate of the broad monetary aggregate M3 increased to 4.0% in February 20151, from 3.7% in January 2015 (revised down from the previous release)2.
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STOXX Launches Daily Currency Hedged Versions Of Key Indices
EURO STOXX 50 Daily GBP Hedged and EURO STOXX 50 Daily USD Hedged Indices licensed to Lyxor ETF
March 26, 2015--STOXX Limited, a leading provider of innovative, tradable and global index concepts, today introduced daily currency hedged versions of the EURO STOXX 50, EURO STOXX, EURO STOXX Select Dividend 30, STOXX Europe 600 and STOXX Europe Select Dividend 30 indices.
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Finansinspektionen Supervision of the securities market
March 26, 2015--Three key areas are the focus of FI's new report Supervision of the securities market; financial infrastructure, transparency on the securities market as well as new rules for market supervision and the enforcement of financial information.
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IMF-Ireland: Selected Issues
1. Ireland is expected to exit the Excessive Deficit Procedure (EDP) in 2015.1 From a peak of 13.3 percent of GDP in 2010, the overall deficit was brought down to an estimated 3.9 percent of GDP in 2014.
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EDHEC-Risk's annual European ETF Survey confirms high satisfaction levels and increasing interest in products tracking smart beta indices
March 25, 2015--EDHEC-Risk Institute has announced the results of the EDHEC European ETF Survey 2014, a comprehensive survey of 222 European ETF investors.
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Draft guidelines on complex debt instruments and structured deposits
March 24, 2015--Who should read this paper
This paper is primarily of interest to competent authorities and firms that are subject to MiFID, in particular, investment firms and credit institutions performing investment services and activities.
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Three new db x-trackers ETFs launched on Xetra
ETFs provide access to small, mid and large cap US stocks
March 24, 2015-Three new db x-trackers ETFs from the product family section of Deutsche Asset & Wealth Management have been tradable in Deutsche Börse's XTF segment on Xetra since Monday.
Name: db x-trackers S&P 500 UCITS ETF (Prospective DR)
Asset class: equity index ETF
Ongoing charges: 0.30%
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Trafigura defends traders against European capital regulations
March 23, 2015--A crash in oil prices has once again proven the resilience of trading houses and shown there is no need to put them under strict capital requirement regulations, research funded by trading house Trafigura showed on Monday.
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Deutsche Bank Said to Weigh Shrinking Securities Unit
March 23, 2015--Deutsche Bank AG, which runs Europe's biggest investment bank, is looking at shrinking its trading businesses as it reviews three options to boost the firm's profitability, according to a person familiar with the matter.
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ESMA-Call for evidence on private and bilateral SFIs
March 20, 2015--Summary
This call for evidence should be read by all those involved in the EU securitisation markets. It is particularly targeted at the following market participants and the groups and trade associations who represent them:
Issuers, originators and sponsors of Structured Finance Instruments (SFIs);
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Societe Generale launches range of Short & Leverage ETPs
March 20, 2015--SG has launched a range of new products called Short & Leverage ETPs.
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