Global ETF News Older than One Year
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.
The fund follows an actively managed approach and invests in a variety of diversified alternative strategies.
This fund will be added as an underlying investment within the Vanguard Managed Payout Fund, which was first launched in 2008.
Source: FTSE.com
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
to the dollar," says a portfolio manager.
China has allowed its currency to depreciate by about 4.4 percent since Tuesday, on hopes of boosting the domestic economy. But there may end up being serious negative consequences for the Chinese corporate sector.
Source: CNBC.com
Markit to acquire CoreOne Technologies
August 13, 2015--Strengthens our regulatory reporting, index management and data management services; extends our capabilities into prime brokerage
Markit (Nasdaq: MRKT), a provider of financial information services, today announced that it has agreed to acquire CoreOne Technologies, a global leading provider of regulatory reporting, index management, data management and prime brokerage services to financial institutions.
Source: Markit
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
FTSE Russell, the global index provider, today announces an expansion of the FTSE Global Factor Index Series, with the launch of two additional indexes intended to capture Dividend Yield and Momentum factors. The extension of the index series reflects the high level of client interest around index tools that can be used to capture specific factors.
Source: FTSE.com
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.
In the report, IOSCO concludes that greater post-trade transparency in the CDS market-including making the price and volume of individual transactions publicly available-would be valuable to market participants and other market observers. IOSCO encourages each member jurisdiction to take steps toward enhancing post-trade transparency in its CDS market.
view the IOSCO Post-Trade Transparency in the Credit Default Swaps Market-Final Report
Source: IOSCO
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.
In U.S. options, BATS set a one-day record of 2.47 million contracts traded on July 24 and also set a one-day market share record of 11.8% on July 21. In July, BATS Options recorded eight of its top ten days on record in terms of market share.
In U.S. equities, BATS reported market share of 21.0% in July, up from 20.3% one year ago. Average daily matched volume on the BATS Exchanges was 1.41 billion shares, up from 1.16 billion shares one year ago. BATS also remained the #1 U.S. market for exchange-traded fund (ETF) trading in July, executing 25.9% of all ETF volume.
Source: BATS Global Markets
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).
Of those, 5.9 million were Eurex Exchange contracts (July 2014: 4.2 million), and 2.6 million contracts (July 2014: 2.1 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 209.9 terawatt hours (TWh) in July 2015 (July 2014: 179.4 TWh). Eurex Repo recorded in all markets in July 2015 an average outstanding volume of 158.2 billion euros.
Source: Eurex
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
Russell 2000 futures will be traded at CME beginning Q3 2017
August 3, 2015--CME Group, the world's leading and most diverse derivatives marketplace, and FTSE Russell, a leading global index provider, announced that they have entered into a licensing agreement establishing CME Group as a global partner for futures, options on futures and OTC cleared products on FTSE Russell Indexes.
Source: FTSE.com
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.
Source is one of the largest providers of Exchange Traded Products (ETPs) in Europe.
Source research see steepening yield curves are already benefiting banks, which outperformed their respective stock markets in both regions during Q2, the latest Source Sector Selector, a quarterly update, says. European banks are also benefiting from economic recovery in the Eurozone.
Source: Source
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).
A further 54 percent believe this threat is "somewhat likely."
The findings are from a global survey* conducted by the FT Remark commissioned by State Street among 400 senior asset management executives for a new report entitled, "Opportunities for Optimism? A New Vision for Value in Asset Management."
view the Opportunities for Optimism? A New Vision for Value in Asset Management-Executive Summary
Source: State Street Corporation
