Americas ETP News Older Than 1 year
If your looking for specific news, using the search function will narrow down the results
Teucrium Trading, LLC files with the SEC-Teucrium Natural Gas Fund
June 17, 2010--Teucrium Trading, LLC has filed a Form S-1 with the SEC for
Teucrium Natural Gas Fund
NYSE Arca Symbol: NAGS
view filing
Source: SEC.gov
Teucrium Trading, LLC files with the SEC-Teucrium Wheat Fund
June 17, 2010--Teucrium Trading, LLC files with the SEC has filed a FORM S-1 with the SEC for
Teucrium Wheat Fund
NYSE ARCA Symbol: WEAT
view filing
Source: SEC.gov
Teucrium Trading, LLC files with the SEC-Teucrium Soybean Fund
June 17, 2010--Teucrium Trading, LLC has filed a Form S-1 with the SEC for
Teucrium Soybean Fund
NYSE Arca Symbol: SOYB
view filing
Source: SEC.gov
Teucrium Trading, LLC files with the SEC-Teucrium Sugar Fund
June 17, 2010-Teucrium Trading, LLC has filed a FORM S-1 with the SEC for
Teucrium Sugar Fund
NYSE Araca Symbol: CANE
view filing
Source: SEC.gov
iShares files with the SEC
June 17, 2010--iShares has filed an application for exemptive relief with the SEC for Actively Managed ETFs.
view filing
Source: SEC.gov
SEC to Publish for Public Comment Proposed Rules for Clearly Erroneous Trades
June 17, 2010-- The Securities and Exchange Commission today announced that the national securities exchanges and the Financial Industry Regulatory Authority (FINRA) are filing proposed rules to clarify the process for breaking erroneous trades. The rules would make it clearer when, and at what prices, trades would be broken.
The proposed rules come in response to the market disruption of May 6 and complement last week's SEC approval of a uniform set of stock-by-stock circuit breakers. Those circuit breakers are now being implemented for S&P 500 stocks at every exchange and by FINRA.
The exchanges and FINRA are proposing a series of thresholds for breaking trades when prices diverge from the "reference price," typically the last sale before pricing was disrupted. On May 6, the exchanges only broke trades that were more than 60 percent away from the reference price in a process that was not transparent to market participants.
"Establishing clear and transparent standards for breaking trades helps provide certainty in advance as to which trades will be broken, and allows market participants to better manage their risks," said SEC Chairman Mary L. Schapiro.
Under current rules, there is not a clearly defined standard used for breaking erroneous trades. Exchanges may choose the specific percentage threshold away from the reference price where trades are broken. Today's rule proposals set forth clearer standards for breaking trades and curtail the exchanges' discretion to select a different percentage threshold at which they would break trades.
read more
Source: SEC.gov
Huntington Asset Advisors files with the SEC
June 17, 2010--Huntington Asset Advisors, Inc. has filed an application for exemptive relief with the SEC for Actively Managed ETFs.
The initial funds are
Global Rotating Strategy Fund
EcoLogical Strategy Fund
view filing
Source: SEC.gov
U.S. Department of the Treasury Economic Statistics - Monthly Data Update
June 17, 2010--The Economic Statistics -Monthly Data for U.S. Department of the Treasury has recently been updated, and is now available
view update
Source: U.S. Department of the Treasury
BlackRock Announces Monthly Distributions for Select iShares(R) ETFs in Canada
June 17, 2010--BlackRock Asset Management Canada Limited, an indirect subsidiary of BlackRock, Inc. , today announced that, starting July 2010, 11 iShares(R) exchange traded funds will change from paying distributions on a quarterly basis to paying on a monthly basis.
"Income generation is a high priority for Canadian investors, and we believe these changes will greatly simplify investing for Canadians who need regular income from their portfolios," said Oliver McMahon, director of product management for iShares ETFs at BlackRock Asset Management Canada Limited.
The ETFs that will be changing to a monthly distribution frequency are:
Fixed Income
----------------------------------------------------------------------------
iShares DEX All Corporate Bond Index Fund ("XCB")
iShares DEX Short Term Bond Index Fund ("XSB")
iShares DEX Universe Bond Index Fund ("XBB")
iShares DEX All Government Bond Index Fund ("XGB")
iShares DEX Long Term Bond Index Fund ("XLB")
iShares U.S. IG Corporate Bond Index Fund (CAD-Hedged) ("XIG")
iShares U.S. High Yield Bond Index Fund (CAD-Hedged) ("XHY")
Equity
----------------------------------------------------------------------------
iShares Dow Jones Canada Select Dividend Index Fund ("XDV")
iShares S&P/TSX Capped REIT Index Fund ("XRE")
iShares S&P/TSX Capped Financials Index Fund ("XFN")
iShares S&P/TSX Income Trust Index Fund ("XTR")
"At iShares we are constantly looking at ways to better serve our clients," added McMahon.
"Given that these enhancements affect both fixed income and select equity products, investors can practice diversification and take advantage of income-generating opportunities according to their risk profile and investment philosophy."
There are no other changes to any of the funds' investment objectives or strategies. In addition, previously announced distribution dates for June, September, and December 2010 will remain unchanged, with additional dates for July, August, October and November added for the 11 funds changing to monthly distributions. Ex-dividend and payment dates for the rest of 2010 are as follows:
----------------------------------------------------------------------- ----- Month Ex Date Pay Date ---------------------------------------------------------------------------- June 25-Jun-2010 30-Jun-2010 ---------------------------------------------------------------------------- July 27-Jul-2010 30-Jul-2010 ---------------------------------------------------------------------------- August 26-Aug-2010 31-Aug-2010 ---------------------------------------------------------------------------- September 27-Sep-2010 30-Sep-2010 ---------------------------------------------------------------------------- October 26-Oct-2010 29-Oct-2010 ---------------------------------------------------------------------------- November 24-Nov-2010 30-Nov-2010 ---------------------------------------------------------------------------- December 24-Dec-2010 31-Dec-2010 ----------------------------------------------------------------------------
Source: BlackRock
Global Equity Index & ETF Research -- US Weekly ETP Market Review
June 16, 2010--Highlights
New Listings and Delistings
Nine new ETPs were launched on NYSE Arca during the previous week.
Claymore Ad. launched one Equity fund and a suite of seven Fixed Income Corporate ETFs with fix maturity dates. The equity fund corresponds to the SEA fund, which was ‘brought back from the dead’ after it was liquidated because it couldn’t gathered enough voters to establish a quorum, while the bond funds intend to lessen the interest rate risk of the bond portfolio by offering ETFs with fix maturity date in line with the debt securities they hold.
The remaining ETP was launched by, new entrant, Teucrium Trading LLC, who brought to market the first Corn ETP in the US.
Net Cashflows
Overall the US ETP market experienced inflows for $3.3 bn. Equity, Fixed Income, and Commodity ETPs had inflows of $1.8 bn, $1.0 bn and $701 mm, respectively. Currency ETPs, in contrast, experienced outflows of $49 mm.
Within Equity ETPs, Large Cap ETPs received the largest inflows ($1.0 bn) followed by Emerging Markets Regional ETPs, while US Sector ETPs saw the largest outflows ($505 mm) followed by Style Growth ETPs.
Among Fixed Income ETPs, Sovereign ($504 mm), and Sovereign & Corporates ETPs ($169 mm) contributed the most to the positive flows within the asset class.
Within Commodity ETPs, Gold ETPs, although keeping the declining trend, led the inflows with $848 mm.
Turnover
Avg. Daily Turnover retreated for second week in a row, and decreased by 12.7% totaling $101 bn. However turnover still remains on the high levels.
Assets Under Management (AUM)
US ETPs AUM increased by 2.3% totaling $804 bn at the end of the week. Equity ETPs account for 72% of the assets with $580 bn, followed by Fixed Income funds with $130 bn and 16% of market share.
To request a copy of the report
Source: BO-a.Huang-DB Index Research