Exchange-Traded Funds Targeted in EU Shadow-Bank Clampdown-continued

March 19, 2012--Exchange-traded funds may face tougher regulation of derivatives trades as part of a European Union clampdown on so-called shadow banks that could pose a threat to the region’s financial system.
The European Commission said today that it is examining potential “conflicts of interest” affecting ETFs, a type of fund that tracks an index and whose shares are publicly traded. The regulator is also reviewing whether banks and other financial firms are using so-called repurchase agreements, or repos, to build up excessive levels of debt.

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Source: Bloomberg BusinessWeek


Europe ETP News
Solactive launches USD & EUR high yield bond benchmarks
January 20, 2017--Solactive AG has released two new fixed-income benchmarks, the Solactive Euro HY Corporate Index and the Solactive USD High Yield Corporate Index designed to provide a snapshot of non-investment grade bond markets denominated in EUR and USD, respectively.
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SIX Swiss Exchange-ETF Quarterly Statistics: 4th quarter 2016
January 20, 2017--This report provides detailed figures regarding the performance of SIX Swiss Exchange's ETF segment.
In the 4th quarter of 2016, SIX Swiss Exchange recorded an ETF turnover of CHF 30.6 billion.
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Bankers prepare for eurozone brea--up risk
January 20, 2017--Big European banks cutting back on some lending ahead of elections
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SIX Swiss Exchange-New ETF issuer: First Trust
January 19, 2017--SIX Swiss Exchange starts the year with an extension of its product offering and welcomes First Trust Global Funds plc, Ireland as a new ETF issuer.
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European macro outlook political risk at the gates: If 2017 is no threat to equities, it is for the Euro and peripheral bonds
January 18, 2017--Given the near term economic outlook is solidifying in the US, stabilising in the emerging markets and moderating in Europe, we believe that European equity markets should prove resilient to the looming European political uncertainty in 2017 that could redefine the European economic and financial landscape for decades.
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EBA and ESMA call to clarify margin requirements between CRR and EMIR
January 18, 2017--The European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) published today their joint report on the functioning of the Capital Requirements Regulation (EU) No 575/2013 (CRR) with the European Market Infrastructure Regulation (EU) No 648/2012 (EMIR).
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New ETF Listing on Euronext-VANGUARD USDEMGVBN
January 18, 2017--Euronext is pleased to announce that Amundi will list 1 new ETF on 18/01/2017:
ISIN: IE00BZ163L38
ETF Trading name:VANGUARD USDEMGVBN
ETF Symbol: VEMT
Venue: Euronext Amsterdam
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Official Statistics: Forecasts for the UK economy: January 2017
January 18, 2017--Forecasts for the UK economy is a monthly comparison of independent forecasts.
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De Freitas moves upstairs at BlackRock
January 17, 2017--Manager of giant €9.7 billion index-tracking fund moves upstairs to become non-exec director.
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SCM Direct finds smart beta ETFs beat human active fund managers in 2016
January 17, 2017--New research from SCM Direct into smart beta ETFs claims that while they are by no means perfect, they can be a much better investment choice than traditionally managed active funds.
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Brexit drives push for bigger Frankfurt role in exchange merger
January 17, 2017--Germany and the European Central Bank are pushing harder for Deutsche Boerse (DB1Gn.DE) and the London Stock Exchange (LSE.L) to give Frankfurt a greater role once they merge, now Britain is leaving the European Union, people involved said.
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MAR guidelines on commodity derivatives now available in all EU languages
January 17, 2017--The European Securities and Markets Authority (ESMA) has issued today the official translations of its final guidelines on commodity derivatives under the Market Abuse Regulation (MAR).
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Borsa Italiana: ETFstat December 2016
January 17, 2017--New RFQ functionality
Starting from the 5th December 2016 the new RFQ functionality is live on the ETFplus market.
The aim of the RFQ functionality is to offer to all the market members a fast and efficient way to find on-exchange (but off-book) market makers for large-in-scale trades, without counterparty risk and with an integrated and automated post-trade process.
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Israel issues largest ever Euro bond offering on London Stock Exchange
January 17, 2017--Israel's €2.25 billion 10 & 20 year government bonds start trading on London Stock Exchange today
First non-European sovereign to issue a euro-denominated bond in 20 year tenor
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ETF & ETP Monthly Update January 2017
January 17, 2017--Record Year
We are pleased to announce that 2016 saw a record orderbook value traded of just under £100 billion in ETFs and other ETPs on London Stock Exchange, up by 29% compared to 2015.
Listings
3 new ETFs and 30 other ETPs were listed on London Stock Exchange in December. 125 new ETFs and 50 new other ETPs were listed in 2016.
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LSE dismisses report on moving clearing to Germany
January 16, 2017--UK exchange operator hits out at study commissioned by merger partner Deutsche Börse.
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European ETFs attract 47.9bn Euro net inflows during 2016, finds Morningstar
January 16, 2017--The European exchange-traded-fund market attracted €11.5bn in net new money in the fourth quarter of 2016, bringing the grand total for the year to €47.9bn, according to Morningstar's ETF fund flows report for Q4 2016.
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ESMA issues briefing on transaction reporting requirements under MiFID II
January 16, 2017--Toward the end of 2016, ESMA published guidelines for transaction reporting under the Markets in Financial Instruments Directive (MiFID II) and Regulation(MiFIR).
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BNP Paribas Easy Low Carbon 100 Europe UCITS ETF launched on Xetra
January 16, 2017--ETF offers access to European companies with greater environmental awareness
A new equity index fund issued by BNP Paribas Easy has been tradable via Xetra and Börse Frankfurt since Tuesday.
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New ETF Listing on Euronext-
January 16, 2017--Euronext is pleased to announce that LYXOR INTERNATIONAL AM will list 1 new ETF on 19/01/2017:
ISIN: LU1541273568
ETF Trading name: LYXOR 10Y US SHORT
ETF Symbol: US1S
Venue: Euronext Paris
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Monday Morning Memo: Review of the European ETF Market, December 2016
January 16, 2017--The promoters of exchange-traded funds (ETFs) enjoyed net inflows for December. Positive market impacts in combination with net inflows led to increased assets under management in the European ETF industry (€514.5 bn) for December, up from €495.8 bn at the end of November.
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Source launches low-cost commodity ETF
January 16, 2017--Source is seeking to cater for growing investor appetite for commodities with the launch of a low-cost ETF.
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ESMA calls for MiFIR to apply to wider range of firms
January 13, 2017--ESMA says there could be consequences to excluding certain fund management companies from the scope of MiFIR powers.
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EBA updated Risk Dashboard shows that elevated NPLs and a high cost base pose a significant profitability challenge for EU banks
January 13, 2017--The European Banking Authority (EBA) published today a periodical update of its Risk Dashboard summarising the main risks and vulnerabilities in the EU banking sector by a set of Risk Indicators in Q3 2016.
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GF International Asset Management Launches First ETF On London Stock Exchange
January 12. 2017--First ETF to track the FTSE Global China A Inclusion Index Series
First ETF from a Chinese asset management firm based in Europe
Growing number of Chinese issuers choosing to list ETFs in London.
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Global Node for A Standardized Blockchain-Based Digital Currency is Formally Established in the UK
January 12, 2017--An agreement on the establishment in the UK of a global node for a standardized digital currency based on blockchain technology was formally signed at Central Hall Westminster on January 9.
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ESMA calls for consistent application of MiFIR product intervention powers
January 12, 2017--The European Securities and Markets Authority (ESMA) has issued today an Opinion regarding the scope of the product intervention powers under the Markets in Financial Instruments Regulation (MiFIR).
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Greater Productivity, Investment in People Can Put Russia Back on Path to Sustainable and Inclusive Growth
January 12, 2017--Increased productivity and greater investment in human capital and services are essential to achieving sustainable and inclusive economic growth to benefit all of Russia's citizens, says the World Bank Group's Systematic Country Diagnostic for the Russian Federation, "Pathways to Inclusive Growth" launched today at the 2017 Gaidar Forum
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Euro area securities issues statistics
January 11, 2017--Euro Area Securities Issues Statistics: November 2016
The annual rate of change of the outstanding amount of debt securities issued by euro area residents was -0.1% in November 2016, compared with -0.3% in October.
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Britain's finance industry drops demands for passporting after Brexit
January 11, 2017--Britain's finance industry has given up on efforts to keep full access to the European Union after Brexit and is pushing instead for a more limited trade deal that would potentially exclude some financial products.
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ESMA finds improvement in regulators' supervision of MiFID best execution requirements
January 11, 2017--The European Securities and Markets Authority (ESMA) finds that national regulators are giving greater attention to best execution requirements under the Markets in Financial Instruments Directive (MiFID) in the follow-up report to its Peer Review published in 2015.
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Blockchain could streamline regulatory reporting, EU lawmaker says
January 11, 2017--Securities firms should be allowed to experiment with using blockchain technology to cut the cost of their regulatory reporting, a European Parliament leader said, pressing EU authorities to promote financial technology.
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Brexit adds to caution on LSE, Deutsche Boerse merger: Draghi
January 11, 2017--The European Central Bank needs to carefully analyze a proposed merger between London Stock Exchange Group (LSE.L) and Deutsche Boerse (DB1Gn.DE), particularly given Britain's decision to leave the EU, ECB President Mario Draghi said on Wednesday
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Turkish lira plumbs record lows against the dollar on economic and political fears
January 10, 2017--Turkey,s currency, the lira, hit an all-time low of 3.7790 against the U.S. dollar in early trade on Tuesday, breaking previous record lows plumbed during Monday's session.
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WisdomTree creates European compliance chief role
January 9, 2017--Former Aberdeen Asset Management consultant on Mifid II joins $39bn ETF provider.
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ETF on UBS inflation-protected US government bonds launched on Xetra
January 9, 2017--ETF tracks US Treasury Inflation-Protected Securities (TIPS) with a minimum term of 10 years
A new UBS Global Asset Management bond index ETF has been tradable via Xetra and Börse Frankfurt since Tuesday.
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Unscheduled adjustment in SDAX
January 9, 2017--On Monday, Deutsche Börse announced an unscheduled change to SDAX.
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Tradeweb European Exchange-Traded Funds Update-December 2016
January 9, 2017--The following data is derived from trading activity on the Tradeweb European-listed ETF platform.
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BMO adds emerging markets to ETFs range
January 9, 2017--BMO Global Asset Management has expanded its "Income Leaders' suite of ETFs for UK investors with the launch of the new BMO MSCI Emerging Markets Income Leaders Ucits ETF.
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Lyxor-ETF Barometer-December 2016
January 6, 2017--European ETF Market flows continued to recover in December 2016. Net New Assets (NNA) during this month amounted to EUR4.7bn, the highest level since September 2016.
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National Statistics: UK official holdings of international reserves: December 2016
January 5, 2017--This monthly release shows details of movements in the UK's official holdings of international reserves, or assets.
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Eurex Monthly Report: Innovative products help manage volatility through 2016
January 4, 2017--In 2016, Eurex, Europe's largest derivatives exchange, saw increasing demand for its highly liquid benchmark product range as well as strong growth in a number of new product segments.
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Boerse Stuttgart generates 2016 turnover of over EUR 80.1 billion
January 3, 2017--Brisk trading in equities and exchange-traded products
Boerse Stuttgart remains market leader for securitised derivatives and for corporate bonds in Germany
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RECOMMENDED ALL-SHARE MERGER BETWEEN DEUTSCHE BORSE AG AND LONDON STOCK EXCHANGE GROUP PLC
January 3, 2017--Option to sell LCH.Clearnet SA to Euronext N.V.
Further to the announcement by Deutsche Börse AG ("DBAG") of 28 September 2016 that the London Stock Exchange Group plc ("LSEG") and LCH.Clearnet Group Limited ("LCH Group") are exploring the sale of LCH.Clearnet SA in order to address proactively anti-trust concerns raised by the European Commission in relation to certain businesses
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Two STOXX Regional Industry Neutral ESG Indices licensed to Stichting Algemeen Pensioenfonds Unilever Nederland-Kring 'Progress'
January 3, 2017--STOXX Ltd., the operator of Deutsche Böoerse Group's index business, and a global provider of innovative and tradable index concepts, today announced that the newly launched STOXX Europe Industry Neutral ESG and STOXX North America Industry Neutral ESG 150 indices have been licensed to Stichting Algemeen Pensioenfonds Unilever Nederland-Kring 'Progress'('Progress') to be used as benchmarks.
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The Spanish Stock Exchange traded euro652.9 billion in 2016
January 2, 2017--The trading volume in December reached €48.9billion
The ETF trading volume in 2016 totalled €6 billion
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Cash markets achieve third strongest year since 2010
January 2, 2017--Turnover on Xetra, Börse Frankfurt and Tradegate Exchange totals €1.38 trillion
Daimler AG is equity with the highest order book turnover 2016 with €69.5 billion
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