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CFTC.gov Swaps Report Update
June 12, 2019-CFTC's Weekly Swaps Report has been updated, and is now available.
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Source: CFTC.gov
RBC iShares broadens ETF offering with RBC Canadian Discount Bond ETF
June 12, 2019-- RBC iShares today expanded its exchange traded fund lineup with the launch of the RBC Canadian Discount Bond ETF (the "ETF"). The ETF, managed by RBC Global Asset Management Inc. ("RBC GAM Inc."), provides a low cost, one-stop fixed income solution designed to provide tax-efficient returns for investors. The ETF will begin trading on the NEO Exchange today.
The RBC Canadian Discount Bond ETF aims to deliver an attractive after-tax yield to maturity. The ETF will purchase short-term, high-quality Canadian government and corporate bonds, with an emphasis on bonds priced below par. Drawing from the award-winning1 investment expertise of RBC Global Asset Management's Fixed Income team, this ETF is a complement to an investor's core bond portfolio, designed to shorten duration, improve capital preservation as well as tax efficiency of investors' fixed income portfolios.
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Source: RBC Global Asset Management
Pacer ETFs' 4th Birthday Comes Amid Successful Fund Launches and Explosive AUM Growth
June 11, 2019---In just four years, Pacer ETFs has grown into a well-regarded and recognized name in the exchange traded fund industry thanks to the success of their thematic, rules-based ETF strategies and the support of financial advisors and investors who believe in the firm's unique strategies.
Pacer ETFs, formed after Pacer Advisors was founded by a breakout group of financial industry veterans, celebrates more than their 4th birthday today. The firm now offers 20 rules-based ETFs, and boasts a record AUM of $4.35B, 70+ employees and a brand-new Malvern, PA office.
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Source: Pacer ETFs
IDX Insights Launches Series of Tactical Commodity Indices
June 11, 2019-- IDX Insights, a research & development firm, announces the launch of its first of a series of tactical Commodity ETN indices utilizing the Barclays iPath Commodity ETNs.
The IDX Tactical Long/Flat Commodity Index is designed to provide diversified exposure across the 7 iPath sector commodity ETNs with the ability to allocate 100% to a "cash-substitute" ETF.
The index uses IDX's proprietary "Composite Momentum" score to evaluate each sector ETN monthly to determine which sectors to include and at what weighting.
The IDX Strategic Commodity Beta Index utilizes the collective momentum score from the sector commodity ETNs to determine the allocation between the iPath Pure Beta Broad Commodity ETN (BCM) and the iShares Core US Aggregate Bond ETF (AGG).
The IDX Commodity Momentum Index uses the composite momentum score to dynamically allocate among the 7 sector commodity ETNs with 100% long-only exposure at all times.
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Source: IDX Insights
Middlefield Expands Actively Managed ETF Platform
June 11, 2019---Middlefield Group is pleased to announce the expansion of its actively managed ETF platform through the conversions of Middlefield Health & Wellness Dividend Fund (TSX: HWF.UN) and American Core Sectors Dividend Fund (TSX: ACZ.UN), as approved by unitholders at special meetings held on May 17, 2019.
These additions to Middlefield's ETF platform provide value-added solutions to investors and financial advisors looking for unique, actively managed strategies which investors would have difficulty replicating with passive investment products.
Commencing today, Middlefield Health & Wellness ETF (new TSX ticker symbol: HWF) and Middlefield American Core Dividend ETF (new TSX ticker symbol: ACZ) begin trading as ETFs.
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Source: Middlefield Health & Wellness ETF; Middlefield American Core Dividend ETF
Wells Fargo launches outsourced trading with new prime trade services group
June 11, 2019--Wells Fargo has unveiled its new prime trade service group with access to high-and low-touch outsourced trading functions.
US investment bank Wells Fargo has confirmed the launch of its new prime trade services group to provide buy-side clients with access to outsourced and agency trading.
In a statement, Wells Fargo said that the prime trade service group will offer investment firms, ranging from start-up to institutional, experienced traders with the ability to act as an extension of their trading desks.
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Source: thetradenews.com
Nasdaq Commodities postpones launch of new trading system
June 7, 2019--Nasdaq Commodities will postpone the introduction of a new planned trading system, which was set to go live for its members on June 10, the exchange said in a statement on Friday.
The new trading system is called Request for Quote Trading System, or RFQ, and it offers a platform where price quotes will be provided on request.
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Source: Reuters
Defiance ETFs Announces Index and Name Change for Defiance Future Tech ETF
June 7, 2019--Effective June 24th AUGR will be the Defiance Next Gen Video Gaming ETF (VIDG)
Defiance ETFs today announced that it will be changing the underlying index and name of its Defiance Future Tech ETF (AUGR).
Effective June 24th, AUGR will become the Defiance Next Gen Video Gaming ETF (VIDG) and will track the Bluestar Next Gen Video Gaming Index.
"Augmented and virtual reality is a disruptive technology that we continue to believe in, but we feel investors will be better served by a fund that focuses on one of the key areas where this technology may have significant current impacts, which is why we're magnifying the focus of the fund to hone in on the video game space," said Paul Dellaquila, Global Head of ETFs at Defiance.
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Source: Defiance ETFs
AllocateRite Unveils Derivative of its U.S. Domestic Composite Investment Strategy
June 7, 2019-- AllocateRite, the New York FinTech and data science company that provides wealth managers with dynamic asset allocations employed through ETF-based smart investment strategies, is excited to announce the addition of a new deep learning strategy to its portfolio, based on stacking two strategic hidden layers and a protective risk-managing outer layer over its highly successful U.S. Domestic Composite.
"This strategy coalesces pure AI with the dynamic underpinnings of the U.S. Domestic Composite," said AllocateRite Chief of AI and Data Science, Dr. Michael Spece.
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Source: AllocateRite
CFTC.gov Commitments of Traders Reports Update
June 7, 2019--The current reports for the week of June 7, 2019 are now available.
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Source: CFTC.gov
