Global ETF News Older than One Year
Americans join race for London Stock Exchange
March 2, 2016--The Americans have come gatecrashing one of Europe's most important parties, with the owners of the New York Stock Exchange and the Chicago Mercantile Exchange considering bids for the London Stock Exchange.
The offers, if they materialize, could derail the LSE's proposed "merger of equals' with Deutsche Börse, announced last week in an attempt to create a European powerhouse to rival the two leading US exchanges
Source: The Times
Moody's cuts China outlook on eve of NPC, cites reform, fiscal risks
March 2, 2016--Moody's downgraded its outlook on Chinese government debt to "negative" from "stable" on Wednesday, citing uncertainty over authorities' capacity to implement economic reforms, rising government debt and falling reserves.
The Moody's downgrade comes just days before the National People's Congress (NPC) is due to vote on China's 13th five year plan, a closely held development blueprint for the next five years, which policymaker...
Source: Today's Zaman
LSE, Deutsche Borse eye French spin-off as part of deal
March 2, 2016--The London Exchange is considering spinning off the French division of its clearing house to help smooth a potential €20bn takeover by Deutsche Börse, according to three people familiar with the matter.
Source: FT.com
IOSCO Publishes the Securities Markets Risk Outlook 2016
March 2, 2016--The International Organization of Securities Commissions (IOSCO) today published the IOSCO Securities Markets Risk Outlook 2016, which identifies and examines key trends in global financial markets and the potential risks to financial stability.
The Outlook is a forward-looking report focusing specifically on issues relevant to securities markets and on whether these may be, or could become, a threat to the global financial system. For this edition of the Outlook, the scope goes beyond financial stability to also include IOSCO's two other key objectives: investor protection and market efficiency.
view the IOSCO Securities Markets Risk Outlook 2016
Source: IOSCO
Putin: Deal with Russian oil firms to freeze output
March 2, 2016--Russian President Vladimir Putin says he has sealed a pact with the country's oil majors to freeze production as proposed by Moscow and Saudi Arabia.
Source: FIN24
IMF-Benefits and Costs of Bank Capital
March 2, 2016--Few issues have elicited a more contentious debate than the appropriate level of capital requirements.
Proponents of stricter regulation point to the risks associated with high bank leverage and the exorbitant
costs of the global financial crisis.
Opponents of higher capital requirements argue that these may significantly increase the cost of bank credit and hinder economic activity.
Source: IMF
Preparing for the Robots: Which Skills for 21st Century Jobs?
March 2, 2016--Christian Bodewig, Program Leader for Inclusive Growth in European Union Member States Brookings
The robots are coming and are taking our jobs. Or are they? The media and the blogosphere have been buzzing lately about the impact of artificial intelligence and robotics on our lives.
In particular, the debate on the impact of automation on employment has amplified concerns about the loss of jobs in advanced economies.
And accelerating technological change points the spotlight on questions like: Do workers,,blue and white collar alike, possess the right skills for a changing labor market? Are they prepared for the employment shocks that come with the so-called "fourth industrial revolution"?
Source: World Bank
Infographic-The World Map of the U.S. Trade Deficit
March 1, 2016--The United States has now run an annual trade deficit for 40 years in a row.
Last year was no exception, and in 2015 the U.S. had over $1.5 trillion in exports while importing $2.2 trillion of goods. The resulting trade deficit was-$735 billion.
Source: .visualcapitalist.com
Eurex: Trading statistics February 2016
Eurex Exchange: ADV 7.2 million contracts/ISE: ADV 2.6 million contracts
March 1, 2016--In February 2016, the international derivatives markets of Eurex, part of Deutsche Börse Group, recorded an average daily volume of 9.8 million contracts (February 2015: 7.8 million). Of those, 7.2 million were Eurex Exchange contracts (February 2015: 5.8 million), and 2.6 million contracts (February 2015: 1.8 million) were traded at the New York based International Securities Exchange (ISE).
The volume traded on the spot and derivatives power markets of the European Energy Exchange (EEX) amounted to 300.3 terawatt hours. Eurex Repo recorded in all markets in February 2016 an average outstanding volume of 139.8 billion euros.
Source: Eurex
Boom time for exchange options trading
March 1, 2016--Investors and traders are increasingly buying and selling options on futures contracts for managing their portfolios, rather than spending precious cash reserves, spurring a boom in activity for the sector.
Source: FT.com
