Americas ETP News Older Than 1 year-If your looking for specific news, using the search function will narrow down the results
ProShares files with the SEC
December 6, 2012--ProShares has filed a post-effective amendment, registration statement with the SEC. This post-effective amendment relates only to ProShares Merger ETF, a new series of ProShares Trust.
view filing
DB-Synthetic Equity & Index Strategy-North America-ETF+ Monthly Directory-November 2012
December 6, 2012--This document includes all US listed exchange-traded funds (ETFs) and exchange-traded vehicles (ETVs), plus a special section covering exchange-traded notes (ETNs).
The directory is organized by asset class and asset-class-related sub sections. Within each sub section it has also been sorted. For Equity and Fixed Income ETPs it is sorted by country (or sub region for regional products) in alphabetical order and by AUM in descending order, and for the other ETP asset classes it is sorted by sub sector in alphabetical order and by AUM in descending order. A number of key information points per product has been included in order to enable the reader to get an overview in their respective area of interest. Among the key numeric information we include avg. daily turnover, assets under management, and cash flows (all in $US).
SSGA files with the SEC
December 6, 2012--SSGA has filed a post-effective amendment, registration statement with the SEC for the
SPDR Russell 1000 Low Volatility ETF
SPDR Russell 2000 Low Volatility ETF.
view filing
COLUMBIA ETF Trust files with the SEC
December 6, 2012--COLUMBIA ETF Trust has filed a amended and restated application for exemptive relief with the SEC.
view filing
CFTC's Division of Market Oversight Provides Swap Dealers With Swap Data Reporting Relief With Respect To Equity Swaps, Foreign Exchange Swaps and Other Commodity Swaps, Due to Effects of Hurricane Sandy
Decmber 5, 2012--In order to account for certain disruptions to the testing of swap data reporting systems caused by Hurricane Sandy, the Division of Market Oversight of the Commodity Futures Trading Commission (CFTC) today announced the issuance of a letter providing swap dealers with time-limited no-action relief from swap data reporting obligations with respect to equity swaps, foreign exchange swaps and other commodity swaps.
For these asset classes, the letter provides swap dealers with reporting relief (i) under Part 43 and Part 45 of the CFTC’s regulations, until February 28, 2013, and (ii) under Part 46 of the CFTC’s regulations, until March 30, 2013.
DB-US ETF Market Monthly Review-Neutral with a bias towards risky assets
November 5, 2012--US ETP assets attempt the $1.3 trillion mark once again
ETP assets in the US rose by $27.7bn to $1.299 trillion (YTD +24.2%) last month.
Global ETP industry assets rose and closed at $1.780 trillion (YTD +24.1%)
Investor flows remain favorable towards risky assets despite concerns
US ETP flows experienced inflows of $20.7bn during November (+$154.2bn YTD, 14.7% of last year’s AUM).
Within long-only ETPs, total flows were +$21.8bn in November vs. +$3.2bn in October.
Equity, Fixed Income, and Commodity long-only ETPs experienced cash flows of +$15.4bn, +$5.3bn, and +$0.9bn, respectively.
Investors remain favorable towards equities, but are expanding their focus beyond the US into other DM and EM regions. In the Fixed Income space, allocations have favored quality, while HY has been put on hold. Finally, inflows to Gold are more likely suggesting concerns about currency devaluation rather than systemic panic. We believe that investors will most likely “sit and wait” until further clarity regarding the fiscal cliff is obtained before they engage in the next clear risk on or risk off trade.
This month we highlight the following long-only ETP flows trends: Equity US (+$9.1bn), Fixed Income IG (+$5.2bn), Equity EM (+$3.0bn), Equity DM ex US (+$2.4bn), Gold (+$1.1bn) and Equity China (+$1.0bn).
New Launch Calendar: commodity, miners and senior loans
There were four new ETFs and five new ETNs listed during the previous
month. All of them were listed in the NYSE Arca and offer exposure to
commodities, miners and senior loan portfolios.
Turnover Review: Floor activity increased by 8% in November
ETP turnover totaled $1.168 trillion last month, up by 7.8% (+$84.6bn) from the previous month figure of $1.083 trillion, but still 29.1% below last year’s monthly average of $1.65 trillion.
ETP trading made up 27.2% of all US cash equity trading in November, down from last year’s peak of 37.5% in August, and still below its 3-year monthly average of 29.0%.
Equity ETPs turnover rose during last month by $89.5bn or 9.5%; meanwhile Fixed Income and Commodity ETPs turnover fell by $2.6bn (-3.7%) and $3.0bn (-5.1%), respectively.
Morgan Stanley-ETF Quarterly Report-$1.3 Trillion in 1,232 ETFs
December 5, 2012--Quartlerly report: $1.3 Trillion in 1,232 ETFs
ETF assets up 22% YTD and currently stand at 1.3 trillion.
Strong equity markets and robust flows have driven ETF assets higher this year.
Through the first 3 quarters of this year, ETFs have generated net inflow of $133.4 billion and are on pace for their best year since 2008. New issuance has been briskYTD with 142 ETFs coming to market, 35 of them fixed income.
Notably, 76 ETFs have closed down so far this year and an additional three have announced liquidation dates.
ProShares files with the SEC
December 5, 2012--ProShares has filed a Form S-1 registration statement with the SEC.
view filing
Natixis files with the SEC
December 4, 2012--Natixis has filed a third amended and restated application for exemptive relief with the SEC-actively-managed ETFs.
view filing
Joint Press Statement of Leaders on Operating Principles and Areas of Exploration in the Regulation of the Cross-border OTC Derivatives Market
December 4, 2012--Leaders of authorities with responsibility for the regulation of the over-the-counter (OTC) derivatives markets in Australia, Brazil, the European Union, Hong Kong, Japan, Ontario, Quebec, Singapore, Switzerland and the United States,1 met on November 28, 2012 to discuss reform of the OTC derivatives market as agreed by the leaders at the G-20 Pittsburgh Summit in September 2009.
We recognize that the OTC derivatives market is a global market and firmly support the adoption and enforcement of robust and consistent standards in and across jurisdictions. This will help further the G-20 regulatory reform agenda for OTC derivatives markets to mitigate risk, improve transparency and protect against market abuse, and to prevent regulatory gaps, reduce the potential for arbitrage opportunities, and foster a level playing field for market participants, intermediaries and infrastructures. We further recognize the need to reduce regulatory uncertainty and provide market participants, intermediaries and infrastructures with sufficient clarity on laws and regulations by avoiding, to the extent possible, the application of conflicting rules to the same entities and transactions. We also acknowledge the need to take into account, among other factors, minimizing the application of inconsistent and duplicative rules.
