|World Economic Outlook Update Global Recovery Stalls, Downside Risks Intensify -continued|
|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).|
|This is largely because the euro area economy is now expected to go into a mild recession in 2012 as a result of the rise in sovereign yields, the effects of bank deleveraging on the real economy, and the impact of additional fiscal consolidation. Growth in emerging and developing economies is also expected to slow because of the worsening external environment and a weakening of internal demand.
The most immediate policy challenge is to restore confidence and put an end to the crisis in the euro area by supporting growth, while sustaining adjustment, containing deleveraging, and providing more liquidity and monetary accommodation. In other major advanced economies, the key policy requirements are to address medium-term fiscal imbalances and to repair and reform financial systems, while sustaining the recovery. In emerging and developing economies, near-term policy should focus on responding to moderating domestic growth and to slowing external demand from advanced economies.
Financial risks escalate, global growth decelerates
Global growth prospects dimmed and risks sharply escalated during the fourth quarter of 2011, as the euro area crisis entered a perilous new phase. Activity remained relatively robust throughout the third quarter, with global GDP expanding at an annualized rate of 3½ percent—only slightly worse than forecast in the September 2011 WEO.
|Global ETP News|
|FTSE 100 Semi Annual Equally Weighted Index licensed for first ETF|
|August 14, 2015--FTSE Russell pleased to support the growth of liquid alternative funds with a new index.|
|Vanguard Alternative Strategies Fund to benchmark to new FTSE Index|
|August 14, 2015--FTSE Russell pleased to support the growth of liquid alternative funds with a new index
New reference benchmark used for the launch of the Vanguard Alternative Strategies Fund FTSE Russell, the global index provider, today notes that Vanguard has selected the FTSE 3-month US T-Bill +4% (per annum) Index as the primary benchmark for the Vanguard Alternative Strategies Fund.
|China's yuan depreciation could hit domestic firms|
|August 13, 2015--"There's this implicit assumption on the part of corporate CFOs in China that the renminbi is a one-way ride, that it's going to appreciate relative|
|Markit to acquire CoreOne Technologies|
|August 13, 2015--Strengthens our regulatory reporting, index management and data management services; extends our capabilities into prime brokerage|
|FTSE Russell announces expansion of|
|August 11, 2015--Two new indexes represent Dividend Yield and Momentum factors
Complement existing single factor indexes: Illiquidity; Residual Momentum; Quality; Size; Value and Volatility
|IOSCO publishes Report on Post-Trade Transparency in the Credit Default Swaps Market|
|July 7, 2015--The International Organization of Securities Commissions (IOSCO) today published the final report Post-Trade Transparency in the Credit Default Swaps Market, which analyzes the potential impact of mandatory post-trade transparency in one particular over-the-counter (OTC) derivatives market: the credit default swaps (CDS) market.|
|BATS Reports Record U.S. Options Market Share in July; Equities Market Share Remains Strong in U.S. and Europe|
|Remains on Track to Launch Hotspot London Matching Engine in September,
Second U.S. Options Market in November|
August 7, 2015--BATS Global Markets (BATS) today reported July data and highlights including record market share of 10.8% for its U.S. options business, surpassing the previous record of 9.9% set in April 2015.
|Eurex: Trading statistics July 2015|
|ADV 5.9 million contracts, 39 percent growth year-on-year/ISE: ADV 2.6 million contracts, 21 percent growth year-on-year|
August 3, 2016--In July 2015, the international derivatives markets of Eurex, part of Deutsche Börse Group, recorded an average daily volume of 8.5 million contracts (July 2014: 6.3 million).
|CME Group and FTSE Russell to Offer Leading Index Derivatives|
|CME launching futures on the Russell 1000, Russell 1000 Growth,and Russell 1000 Value, FTSE 100, FTSE Emerging Market, FTSE Developed Europe and FTSE China 50 indexes by the end of Q4 2015|
|US and European banks present buying opportunity|
|August 3, 2015--US and European banks now present a buying opportunity as they are predicted to be among the biggest beneficiaries from rising interest rates and improving housing markets, according to Source research.|
|One in Four Fund Managers Believe it's "Highly Likely" they will Face Competition from New Entrants Within the Next Five Years, Says Research From State Street|
|July 30, 2015--State One in four (25 percent) senior asset management executives believe it's "highly likely" they will face direct competition from a non-traditional new entrant such as a technology or non-financial services company within the next five years, according to a report from State Street Corporation (NYSE: STT).|
|IOSCO publishes review of the timeliness and frequency of disclosure to investors|
|July 30, 2015--The Board of the International Organization of Securities Commissions (IOSCO) today published its Thematic Review of the Implementation on the Timeliness and Frequency of Disclosure to Investors according to Principles 16 and 26 of the IOSCO Objectives and Principles of Securities Regulation.|
|BlackRock Announces Appointment of Gordon M. Nixon to Board of Directors|
|July 30, 2015--BlackRock, Inc. (NYSE:BLK) elected Gordon M. Nixon, former President, CEO, and Director of the Royal Bank of Canada ("RBC"), to the Company's Board of Directors. Mr. Nixon, who retired from RBC in August 2014, is scheduled to join the Board on October 6 as an independent director.|
|Investors recognise advanced beta equity investing as a promising avenue|
|but call for caution on insufficient transparency and on the difficulties in implementing long/short strategies|
July 30, 2015--In a new study produced as part of the Société Générale Prime Services (Newedge) research chair on "Advanced Modelling for Alternative Investments", EDHEC-Risk Institute attempts to give
|FTSE Russell launches new ex-Coal Index Series|
|July 28, 2015--New indexes offer a further tool to manage carbon exposure
Complement existing FTSE All-World ex Fossil Fuels Index Series FTSE Russell, the global index provider, today announces its new FTSE All-World ex Coal Index Series.