Americas ETP News
If your looking for specific news, using the search function will narrow down the results
Fed finalises new market benchmarks
December 11, 2017--The Federal Reserve has finalised its proposals for replacing US dollar Libor, confirming on December 8 that three new market benchmarks will launch in 2018.
The three rates are calculated as the volume-weighted median of transactions data from US Treasury markets, rather than the bank submissions that underpinned Libor, which ultimately proved flawed.
view more
Source: centralbanking.com
Thomson Reuters-U.S. Fund-Flows Weekly Report: Funds Experience Positive Net Flows for the Fifth Consecutive Week
December 8, 2017--Thomson Reuters Lipper's fund macro-groups (including both mutual funds and ETFs) took in net-new money for the fifth straight week, with positive net inflows of $4.8 billion for the fund-flows week ended Wednesday, December 6.
Equity funds (+$3.0 billion) and money market funds (+$2.0 billion) were responsible for the bulk of the net inflows, while taxable bond funds contributed $547 million to the total. Municipal bond funds suffered net outflows (-$807 million), breaking a streak of four consecutive weekly increases.
view more
Source: Thomson Reuters
AdvisorShares Announces New Organizational Plans for HYLD, an Industry-Leading Income Payer Among High Yield ETFs and Mutual Funds
December 8, 2017--AdvisorShares, a leading sponsor of actively managed exchange-traded funds (ETFs), announced today that the AdvisorShares Board of Trustees has approved a transition of the AdvisorShares Peritus High Yield ETF (Ticker: HYLD) from the AdvisorShares Trust to the Amplify ETF Trust, which is sponsored by Amplify ETFs.
Pending approval by HYLD shareholders and the Amplify ETF Trust Fund Board, this is expected to become effective in the second quarter of 2018.
view more
Source: AdvisorShares
WisdomTree Cross-Lists 8 Additional ETFs on Bolsa Mexicana de Valores
December 8, 2017--Company Continues to Expand Global Footprint in Latin America
WisdomTree Investments, Inc. (Nasdaq:WETF), an exchange-traded fund ("ETF") and exchange-traded product ("ETP") sponsor and asset manager, today announced that eight additional WisdomTree ETFs have been listed on the Mexican Stock Exchange, Bolsa Mexicana de Valores (BMV), S.A.B. de C.V.
All eight ETFs are listed in the special international section of the BMV, the Sistema Internacional de Cotizaciones ("SIC"). SIC makes it possible for certain institutional investors to trade foreign securities in Mexico. Securities listed on the SIC are not publicly offered in Mexico.
view more
Source: WisdomTree
CFTC.gov Commitments of Traders Reports Update
December 8, 2017--The current reports for the week of December 5, 2017 are now available.
view updates
Source: CFTC.gov
BlueStar Indexes(R) Announces Semi-Annual Rebalance Results for December 2017 and Changes to Index Methodologies
December 8, 2017--Flagship Israeli equity indexes gain constituents, Hong Kong-listed stock added, bringing coverage to Israeli companies listed on seven exchanges.
BlueStar Indexes(R) announces its December semi-annual rebalance of the BlueStar Israel Global Index (BIGI(R)), TASE-BlueStar Israel Global Technology IndexTN (TA-BIGITech(R)), BlueStar Israel Global Total Investable Market Index, BlueStar Israel Global Strategic Dividend Index, and BlueStar Fintech Index will be implemented after the close of business in New York on Friday, December 15.
The Solactive-BlueStar Israel Economic Exposure Indexes December semi-annual rebalance will be implemented after the close of business in New York on Friday, December 29.
view more
Source: BlueStar Indexes(R)
Renaissance Capital Scheduled U.S. IPOs
December 8, 2017--Scheduled U.S. IPOs-Week of 12/11/17
IPO Index Performance
The Renaissance IPO Index has returned 33.9% so far this year, compared to 17.8% for the S&P 500.
IPO USA
IPO Activity
There have been 156 IPOs priced so far this year, a +53% change from last year.
view more
Source: Renaissance Capital
US stock traders, investors call for action on market data costs
December 7, 2017--US stock traders and investors are turning up the heat on a long-running effort to fight the cost of market data.
In a letter to the Securities and Exchange Commission, 24 companies-including Citadel Securities, Fidelity Investments and Vanguard-petitioned the regulator to require exchanges to conduct a thorough review of the collection, distribution and sale of market data.
view more
Source: FT.com
ETF Visionaries Bruce Bond and John Southard Make Industry Return at Helm of Innovator Capital Management
December 7, 2017--PowerShares founders purchase Innovator ETFs, build team, set sights on bringing revolution back to the ETF marketplace
Bruce Bond and John Southard, exchange-traded fund (ETF) pioneers and founders of one of the world's largest ETF providers, today announced their return to the ETF industry as leaders of Innovator Capital Management, LLC, a Wheaton, Illinois-based SEC registered investment advisor and the operator of the Innovator ETF Trust.
view more
Source: Innovator Capital Management, LLC
CBO-Monthly Budget Review for November 2017
December 7, 2017--The federal budget deficit was $198 billion for the first two months of fiscal year 2018, the Congressional Budget Office estimates, $15 billion more than the one recorded during the same period last year. Revenues and outlays alike were 6 percent higher than in October and November 2016.
As was the case last year, this year's outlays were reduced by the shift of certain payments from October to September because October 1 fell on a weekend. Otherwise, outlays and the deficit through November would have been larger, both this year and last year-but the year-to-year differences would not have been very different. Outlays so far this year would have been $41 billion (rather than $39 billion, still about 6 percent) larger than those in the same period last year, and the deficit would have risen by $18 billion.
view more
Source: Congressional Budget Office (CBO)
