Americas ETP News
If your looking for specific news, using the search function will narrow down the results
CBOE Holdings Reports February 2011 Trading Volumes
CBOE Holdings Averages Five Million Options Contracts Per Day in February, Up 18% Over February 2010; Down 5% from January 2011;
CFE/VIX Futures Again Post All-Time Record Monthly Volume
March 1, 2011--CBOE Holdings, Inc. (Nasdaq: CBOE) today announced that February trading volume for options on the Chicago Board Options Exchange (CBOE) and C2 Options Exchange (C2), the company's new alternative all-electronic market, combined, totaled 95.1 million contracts, an average daily volume (ADV) of 5.0 million contracts.
Futures trading on CBOE Futures Exchange (CFE) in February set a new monthly volume record for the second straight month; nearly 790,000 contracts were traded, an ADV of 41,565 contracts.
read more
Source: CBOE
Trading Reaches All-time Volume High For Second Consecutive Month At CBOE Futures
Record 789,734 Contracts Traded in February
Average Daily Volume Tops 40,000 Contracts for the First Time
17th Consecutive Month of Year-Over-Year Volume Increases
March 1, 2011-- The CBOE Futures Exchange, LLC (CFE) today announced that February 2011 was the most active trading month in CFE history. The record 789,734 contracts that changed hands during the month surpassed the previous high of 778,157 contracts in January 2011. February's volume exceeded the 188,236 contracts traded in February 2010 by 320 percent.
The top four most-active trading months in CBOE Futures Exchange history have occurred during the last four months. In addition to record January and February 2011 volumes noted above, November and December 2010 volumes posted 751,481 contracts and 556,250 contracts, respectively. February 2011 was also the most-active month of February on record at CFE and marked the seventeenth consecutive month in which total volume registered an increase when comparing year-over-year trading activity.
read more
Source: CBOE
ELX Sets Exchange-Wide ADV and Open Interest Records for the Month of February
March 1, 2011--ELX Futures, L.P. (ELX), a leading electronic futures exchange, announced today that it has established an exchange-wide average daily volume (ADV) record at 97K and an exchange-wide average open interest (OI) record at 320K for the month of February.
In addition, Eurodollar futures set an average OI record at 284K contracts in February and a single-day OI record at 329K contracts on February 24, 2011. The Eurodollar futures contract set a new monthly ADV record, with 25K contracts traded, an increase of over 24% from the prior record. In addition, full-month market share in February set a new record at 1.2%.
U.S. Treasuries also saw huge gains year-over-year, with ADV rising 27% and Average OI surging over 61% from February 2010. ADV for the 30-year Treasury bond set a new record at over 16K contracts.
Neal Wolkoff, Chief Executive Officer of ELX Futures, said, "February was a strong month for ELX as we continue to establish new records and attract attention from market participants. ELX remains committed to driving competition and implementing new business initiatives to compete aggressively as a real challenger in the futures space."
OIC Announces February Options Trading Volume Up 35%
March 1, 2011--The Options Industry Council (OIC) announced today that 354,214,236 total options contracts changed hands in February, 34.97 percent more than the 262,434,225 contracts traded in February 2010.
Average daily trading volume in February was 18,642,854 contracts, 34.97 percent higher than the 13,812,328 contracts in the same year ago period. Year-to-date volume for February stood at 732,694,742 contracts, which is 27.65 percent more than 573,995,766 contracts at the same point last year.
Equity options volume (options on individual stocks and ETFs) for February came in at 331,962,409 contracts, up 38.36 percent compared to February of last year when 239,922,344 contracts were traded. On average, 17,471,706 contracts were exchanged each day during February, which is 38.36 percent higher than in February 2010 when 12,627,492 contracts changed hands daily. Equity options year-to-date volume came in at 686,757,923 contracts, up 29.86 percent over the 528,861,827 contracts traded throughout the same period last year.
read more
Source: OIC
Dow Jones Indexes And Brookfield Asset Management Launch Emerging Markets Infrastructure Index
April 1, 2011--Dow Jones Indexes, a leading global index provider, and Brookfield Asset Management Inc. (NYSE: BAM, TSX: BAM.A, Euronext: BAMA), a global asset management company focused on property, power and infrastructure assets, today announced the launch of the Dow Jones Brookfield Emerging Markets Infrastructure Index.
The index aims to represent companies in emerging market countries that are owners and operators of infrastructure assets. This index has been licensed along with the Dow Jones Brookfield Global Infrastructure Index, to ETF Securities, a global leader in commodity exchange traded products. The indexes will serve as the basis for two UCITS (Undertakings for Collective Investment in Transferable Securities Directives) -compliant exchange traded funds on the ETF Exchange platform.
“Extending our infrastructure index family with the addition of an emerging market sub-index clearly demonstrates continued investor interest in growing countries,” said Michael A. Petronella, President, Dow Jones Indexes. “With our associates at Brookfield Asset Management, Dow Jones Indexes is pleased to provide reliable infrastructure indexing products in areas that directly respond to market demand.”
read more
Source: Dow Jones Indexes
Treasury Issues Updated Debt Limit Projections
March 1, 2011--Today, Mary Miller, Assistant Secretary for Financial Markets at the U.S. Department of the Treasury, issued the following update regarding the projected dates by which the United States will reach the statutory debt limit:
“The Treasury Department now estimates that the United States will reach the debt limit between April 15, 2011 and May 31, 2011. As announced at the February Quarterly Refunding, Treasury will update this projection at the beginning of each month.”?
Source: US Department of the Treasury
The Basic ETF Trading Practices That Can Save Your Clients Money
March 1, 2011--Advisors are using exchange-traded funds (ETFs) for a growing percentage of fund applications in clients’ accounts. This trend will accelerate as the advantages of ETFs over conventional mutual funds are more widely appreciated and as improved ETFs are introduced.
The purpose of this article is to help advisors develop the basic trading skills they need to use ETFs effectively. The more ETFs you use and the more actively you trade them, the more important it is to trade them efficiently. (1)
read more
Source: Forbes
RiverPark Advisors files with the SEC
March 1, 2011--RiverPark Advisors, LLC has filed an application for exemptive relief with the SEC.
view filing
Source: SEC.gov
ISE Reports Business Activity for February 2011
Average daily volume in February 2011 up 1.9% over February 2010.
Dividend trades made up 4.2% of industry volume in February 2011.
ISE is third largest equity options exchange in February with market share of 19.0%,excluding dividend trades.
March 1, 2011--The International Securities Exchange (ISE) today reported average daily volume of 3.2 million contracts in February 2011, an increase of 1.9% over February 2010. Total options volume for the month was 61.0 million contracts.
ISE was the third-largest U.S. equity options exchange in February with market share of 19.0%*. Business highlights for the month of February include:
On February 28, 2011, ISE launched the Qualified Contingent Cross (QCC) order type. ISE’s members can now cross tied-to-stock options orders of 1,000 contracts or more on ISE’s market
with a guaranteed execution as long as the order is priced at or better than the National Best Bid or Offer (NBBO) and does not trade in front of resting customer orders.
Aggregate assets under management for ETFs based on ISE’s proprietary indexes was $1.2 billion as of February 28, 2011.
read more
Source: International Securities Exchange (ISE)
BNY Mellon ADR Index Monthly Performance Review is Now Available
March 1, 2011--The BNY Mellon ADR Index Monthly Performance Review is now available.
view report
Source: BNY Mellon
