Americas ETP News Older Than 1 year

If your looking for specific news, using the search function will narrow down the results


CFTC Chairman Gensler Comments on Enactment of Wall Street Reform and Consumer Protection Act

July 21, 2010- Commodity Futures Trading Commission (CFTC) Chairman Gary Gensler today commented on the President’s signing of the Wall Street Reform and Consumer Protection Act.
Chairman Gensler said:
“The Wall Street reform bill will – for the first time – bring comprehensive regulation to the over-the-counter derivatives marketplace.

Derivatives dealers will be subject to robust oversight. Standardized derivatives will be required to trade on open platforms and be submitted for clearing to central counterparties. The Commission looks forward to implementing the Dodd-Frank bill to lower risk, promote transparency and protect the American public.”

Source: CFTC.gov


Barclays Capital Launches First Exchange Traded Note Linked Inversely to a Volatility Index

July 20, 2010--Barclays Capital today announced the listing of the Barclays ETN+ Inverse S&P 500® VIX Short-Term FuturesTM ETN on the NYSE Arca stock exchange under the ticker symbol XXV. The ETN is designed to provide investors with a cost-effective way to implement a ‘short’ view on volatility in the U.S. equities markets.

“Investors are increasingly looking for diversified ways to access equity market volatility,” said Philippe El-Asmar, Head of Investor Solutions at Barclays Capital. “We are pleased to provide them with the first exchange traded product that allows them to express a bearish view on volatility.”

This new ETN is linked to the inverse performance of the S&P 500® VIX Short-Term FuturesTM Index Excess Return (the “Index”). The Index is designed to reflect the returns that are potentially available through an unleveraged investment in short-term futures contracts on the CBOE Volatility Index® (the “VIX Futures”). VIX Futures reflect the implied volatility of the S&P 500® Index, which provides an indication of the pattern of stock price movement in the US equities market. This new ETN is an uncollateralized debt obligation of Barclays Bank PLC with a 10-year maturity.

The prospectus can be found by visiting EDGAR on the U.S. Securities and Exchange Commission (SEC) website at: http://www.sec.gov/Archives/edgar/data/312070/000119312510160327/d424b2.htm

Source: Barclays Capital


U.S. International Reserve Position

July 20, 2010--The Treasury Department today released U.S. reserve assets data for the latest week. As indicated in this table, U.S. reserve assets totaled $128,602 million as of the end of that week, compared to $126,723 million as of the end of the prior week.

I. Official reserve assets and other foreign currency assets (approximate market value, in US millions)

 

 

 

July 16, 2010

A. Official reserve assets (in US millions unless otherwise specified) 1

 

 

128,602

(1) Foreign currency reserves (in convertible foreign currencies)

Euro

Yen

Total

(a) Securities

9,148

15,050

24,198

of which: issuer headquartered in reporting country but located abroad

 

 

0

(b) total currency and deposits with:

 

 

 

(i) other national central banks, BIS and IMF

13,531

7,375

20,907

ii) banks headquartered in the reporting country

 

 

0

of which: located abroad

 

 

0

(iii) banks headquartered outside the reporting country

 

 

0

of which: located in the reporting country

 

 

0

 

 

(2) IMF reserve position 2

11,898

 

 

(3) SDRs 2

55,806

 

 

(4) gold (including gold deposits and, if appropriate, gold swapped) 3

11,041

--volume in millions of fine troy ounces

261.499

 

 

(5) other reserve assets (specify)

4,752

--financial derivatives

 

--loans to nonbank nonresidents

 

--other (foreign currency assets invested through reverse repurchase agreements)

4,752

B. Other foreign currency assets (specify)

 

--securities not included in official reserve assets

 

--deposits not included in official reserve assets

 

--loans not included in official reserve assets

 

--financial derivatives not included in official reserve assets

 

--gold not included in official reserve assets

 

--other

 

 

 

read more

Source: U.S. Department of the Treasury


87% Increase In Fund Launches That Permit Use Of Derivatives

July 20, 2010--Analysis of new fund launches from independent financial research company Defaqto reveals an 87% increase in the number of funds launched that permit the use of derivatives.

Fraser Donaldson, Insight Analyst for Funds at Defaqto said: “The use of derivatives as an investment tool are growing in prominence which is not overly surprising given the uncertainty in the economic and financial climate.

The decline in the launch of UK only investment funds is clearly linked to declining demand for the sector with many advisers seeking potentially better returns elsewhere.”

read more

Source: Defaqto


AdvisorShares Set to Launch First Actively Managed International ETF-WCM/BNY Mellon Focused Growth ADR ETF (AADR)

July 20, 2010--AdvisorShares Investments, LLC, an investment adviser to actively managed exchange traded funds (ETFs), announced that it will begin trading in the industry's first actively managed international ETF, the WCM/BNY Mellon Focused Growth ADR ETF (NYSE:AADR - News) tomorrow, July 21st. AADR is sub-advised by institutional money manager WCM Investment Management (WCM). BNY Mellon is the world's largest depositary for American Depositary Receipts (ADRs) and will provide the primary benchmark to the Fund as well as expertise within the ADR industry to the portfolio management team.

WCM will implement its investment strategy through the use of ADRs which may be attractive to U.S. investors for accessing international markets, but also provide convenience from a trading and settlement perspective.

"WCM Investment Management has experience with this strategy within other investment vehicles which follow this very thoughtful fundamental investment process to construct their portfolios. We are excited to bring investors special access to this unique, first of its kind strategy as well as to this institutional quality investment advisory firm," said Noah Hamman, CEO and Founder of AdvisorShares.

The investment objective of AADR is long-term capital appreciation above international benchmarks such as the BNY Mellon Classic ADR Index and the MSCI EAFE Index. AADR strives to provide a high-quality, large-cap growth portfolio for the non-U.S. universe. The portfolio, which includes developed and emerging markets, is purposely very different from international benchmarks and other international funds. WCM achieves this differentiation by concentration (20-30 holdings) and an emphasis on traditional growth sectors such as technology, healthcare and consumer staples/discretionary. The AADR portfolio management team seeks to invest in businesses that appear likely to benefit from long-lasting global trends (tailwinds), growing competitive advantages (a widening economic moat) and a superior corporate culture (great people). Finally, WCM recognizes the role valuation plays in investment returns and therefore seeks to pay a reasonable price for companies.

WCM Investment Management President and Co-CEO Paul R. Black said, "At WCM, our investment strategy is driven by timeless principles that we believe are poised to outperform extremely inefficient international benchmarks." Black added, "In bringing AADR to market with AdvisorShares, we can now offer our investment philosophy via an exchange traded vehicle which will be available to those institutional as well as retail investors who ordinarily would not have access to our firm."

Source: AdvisorShares


Direxion files Form S-1 with the SEC

July 20, 2010--Direxion has filed a Form S-1 with the SEC for the following
Direxion Daily Gold Bull 3X Shares
Direxion Daily Gold Bear 3X Shares
Direxion Daily Silver Bull 3X Shares

Direxion Daily Silver Bear 3X Shares
Direxion Daily Japanese Yen Bull 3X Shares
Direxion Daily Japanese Yen Bear 3X Shares
Direxion Daily Dollar Bull 3X Shares
Direxion Daily Dollar Bear 3X Shares
Direxion Daily Euro Bull 3X Shares
Direxion Daily Euro Bear 3X Shares
Direxion S&P 500® Dynamic VEQTOR Shares

read more

Source: SEC.gov


Dreyfus files with the SEC

July 20, 2010--Dreyfus has filed an application for exemptive relief with the SEC.

view filing

Source: SEC.gov


Standard & Poor's Announces Changes In The S&P/TSX Venture Composite Index

July 19, 2010--Standard & Poor's will make the following changes in the S&P/TSX Venture Composite Index after the close of trading on Monday, July 19, 2010:
Brazauro Resources Corporation (TSXVN:BZO) will be removed from the index.

Pursuant to a Plan of Arrangement, the shares of the company will be exchanged for shares of Eldorado Gold Corporation (TSX:ELD).

Company additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the company.

Source: Standard & Poors


NASDAQ Captures 59 New Listings Including 23 IPOs in the Second Quarter

July 19, 2010--The NASDAQ Stock Market® (Nasdaq:NDAQ) today announced that in the second quarter it captured 59 new listings, including 23 new initial public offerings (IPO), with combined proceeds totaling over $1.98 Billion.

NASDAQ listed nine of the 11 (81 percent) information technology companies that completed an initial public offering on a US market this quarter. Notable companies in this group include Mitel Networks Corporation (Nasdaq:MITL), which raised more than $147 million in proceeds on its first day of trading, Alpha and Omega Semiconductor Limited (Nasdaq:AOSL), and China-based HiSoft Technology International Limited (Nasdaq:HSFT).

Other notable IPOs in the second quarter include CBOE Holdings, Inc. (Nasdaq:CBOE), which raised more than $339 million in proceeds in its initial public offering, Tesla Motors, Inc. (Nasdaq:TSLA), the first IPO out of the automotive industry in more than 54 years, and THL Credit, Inc. (Nasdaq:TCRD).

read more

Source: NASDAQ OMX


Exchange-Traded Funds: US ETF Weekly Update-Morgan Stanley

July 19, 2010--Weekly Flows: $700 Million Net Inflows
ETFstraded $320 billion last week
9 New iSharesInternational Sector ETFs
4 New DirexionLeveraged & Inverse ETFs

ETFs had net cash inflows of $707 mlnlast week; 2ndweek in a row of net inflows

Weekly flows driven by Fixed Income ETFs-primarily resulting from flows into credit portfolios

EM Equity has experienced stronger flows vs. International Developed on a 1-, 4-, and 13-week basis

Over 1-, 4-, and 13-week period, Fixed Income had strongest net inflows

$24.5 bln net inflows into ETFs over past 13 weeks; Fixed Income up to 17% market share

US-Listed ETFs: Estimated Largest Flows by Individual ETF

QQQQ has the largest net inflows for US ETFs at $726 million last week

Over 13-week period GLD generated largest net inflows of any ETF, at $6.8 bln

VWO & EEM continue to lead emerging market flows, at $4.3 blnand $3.3 blnrespectively, over 13 weeks

request report

Source: Morgan Stanley


SEC Filings


March 14, 2025 Listed Funds Trust files with the SEC-GlacierShares Nasdaq Iceland ETF
March 14, 2025 Volatility Shares Trust files with the SEC- -1x Solana ETF and 2x Solana ETF
March 14, 2025 First Trust Exchange-Traded Fund VIII files with the SEC-FT Vest Emerging Markets Buffer ETF-March
March 14, 2025 First Trust Exchange-Traded Fund VIII files with the SEC-FT Vest U.S. Equity Equal Weight Buffer ETF- March
March 14, 2025 Cambria ETF Trust files with the SEC-Cambria Fixed Income Trend ETF

view SEC filings for the Past 7 Days


Europe ETF News


March 12, 2025 Nasdaq Stockholm welcomes HANetf as new ETP provider
March 12, 2025 New on Xetra: crypto ETN from 21Shares with access to the crypto basket of Bitcoin and Ethereum
March 10, 2025 European approval for semi-transparent ETFs sparks debate
March 05, 2025 European investors dump US equity ETFs in February
March 04, 2025 Euronext plan to consolidate ETF trading venues sparks scepticism

read more news


Asia ETF News


March 12, 2025 Coinbase returns to India: Crypto exchange confirms securing FIU regulatory nod
March 11, 2025 KB Asset Management Launches KB RISE US Quantum Computing ETF, Tracking the Solactive US Quantum Computing Technology Index
February 17, 2025 ETFs jump to two-thirds of all Taiwan fund assets
February 17, 2025 China explores relaxing rules to allow multi-asset ETFs

read more news


Global ETP News


February 17, 2025 ETFGI reports assets invested in the global ETFs industry surpassed the hedge fund industry by US$10.33 trillion at the end of 2024

read more news


Middle East ETP News


March 03, 2025 Saudi Tadawul profit surges 60% on higher trading value
February 28, 2025 Egypt's economic growth likely to accelerate, says bank
February 20, 2025 Abu Dhabi Securities Exchange welcomes the listing of Chimera iBoxx US Treasury Bill ETF

read more news


Africa ETF News


February 11, 2025 Digital public infrastructure (DPI) will drive AI for Africa's economic transformation

read more news


ESG and Of Interest News


March 05, 2025 Half of world's CO2 emissions come from 36 fossil fuel firms, study shows
March 05, 2025 Carbon Majors: 2023 Data Update March 2025
February 12, 2025 OECD Services Trade Restrictiveness Index Policy Trends up to 2025

read more news


White Papers


February 09, 2025 White Paper-Monetary Policy Predicts Currency Movements

read more news