Americas ETP News Older Than 1 year
If your looking for specific news, using the search function will narrow down the results
CBOE Launches New, Customizable CBOE.com Website
February 8, 2010--The Chicago Board Options Exchange (CBOE) today announced it has re-launched its award-winning website, www.CBOE.com. The new site features faster navigation, richer content and customized features for different types of options investors.
Site enhancements include simplified navigation that guides user groups through the most relevant site content, an interactive Education Center featuring new programs, and a customizable "myCBOE" feature.
"CBOE's new website builds on the previous success of CBOE.com, which I'm pleased to say is recognized as the definitive source for comprehensive options information and education," CBOE Chairman and CEO William J. Brodsky said. "The new enhancements underscore our ongoing commitment to provide state-of-the-art options education for options investors of every level."
The new CBOE.com includes expanded educational content provided by the CBOE Options Institute, this year celebrating its 25th anniversary. New features in the Education Center include Options Institute Plus, a comprehensive, guided option education program that helps students of all knowledge levels improve their options investment skills; three state-of-the-art virtual trading tools that let investors test their trading strategies; and OptionQuestSM, an online game that challenges investors' options knowledge and helps them sharpen their trading skills. In addition, the Education Center provides an interactive "Education Snapshot" tool that lets visitors automatically monitor their educational progress.
read more
Source: CBOE
Standard & Poor's Announces Changes In The S&P/TSX Canadian Indices
February 8, 2010--Standard & Poor's Canadian Index Operations announces the following index changes:
Trilogy Energy Trust (TSX:TET.UN) has completed the conversion of the company to a corporate structure. The units of the trust will be exchanged on a 1-for-1 basis for common shares of Trilogy Energy Corp. The new ticker symbol will be TET and the new CUSIP number will be 89620H 10 5.
These changes will be effective after the close of trading on Tuesday, February 9, 2010. Trilogy Energy Corp. will be added to the S&P/TSX Equity SmallCap Index effective after the close of trading on Tuesday, February 16, 2010.
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
Horizons AlphaPro appoints Front Street as sub-advisor for HAX
February 8, 2010--Jovian Capital and its subsidiary AlphaPro Management have announced that Front Street Investment Management has been appointed as the sub-advisor for the Horizons AlphaPro Managed S&P/TSX 60 ETF. AlphaPro is the manager and trustee of the Horizons AlphaPro Managed S&P/TSX 60 ETF.
Designed for long-term growth, the Horizons AlphaPro Managed S&P/TSX 60 ETF ( HAX | Quote | Chart | News | PowerRating) seeks to invest primarily in large capitalization equity, income trust and equity-related securities that are constituents of the S&P/TSX 60 Index.
read more
Source: Trading Markets.com
ETF Securities plans precious metals basket trust
February 8, 2010--ETF Securities Ltd has filed with the U.S. Securities and Exchange Commission to start a precious metals basket trust, which will be the company's fifth U.S. product.
ETF Securities USA LLC, a unit of the London-based ETF Securities, said it planned to register 18 million shares with a proposed maximum aggregate offering price of $1.058 billion.
Shares of the new trust will represent a combination of gold, silver, platinum and palladium. The trust is aiming to reflect the combined price performance of the four precious metals, less operating expenses, the company said.
read more
Source: Reuters
ProShares Plans 300% Leveraged ETFs
February 8, 2010--ProShares, the issuer responsible for pioneering leveraged and inverse ETFs, has filed prospectuses for 16 new funds.
Expansion is nothing new for ProShares–the company has launched a handful of new ETFs over the last year–but the filing was interesting because it detailed plans for 300% leveraged ETFs. ProShares’ current product line, which consists of more than 90 funds, includes only two ETFs with 300% leverage, the UltraPro S&P 500 (UPRO) and UltraPro Short S&P 500 (SPXU).
Historically, ProShares has focused on inverse, 200% leveraged and 200% inverse leveraged ETFs, although the issuer expanded its offerings outside this area last year when in introduced the first 130/30 ETF. Several of the proposed funds, which are based on domestic and international equities and fixed income ETFs, would compete directly with existing products from Direxion
read more
Source: ETFdb.com
Emerging Markets Week in Review -2/1/2010 - 2/5/2010
February 8, 2010--The Dow Jones Emerging Markets Composite Index had its fourth consecutive weekly decline, down 2.31%, over global concerns that some European Union countries will struggle to meet their expanding debt obligations. Industrials and Technology held up the best , down 1.80% and 1.93% respectively as all sectors were negative. Materials and Energy were dragged down by a strong drop in commodity prices, down 5.10% and 5.49%. The Composite index is now back to its early September 2009 levels.
Last week Emerging Global Advisors provided comments regarding China's continuing infrastructure build out and the many potential investment opportunities created by such massive urbanization. Despite recent moves by the government to slow economic growth, China plans to spend 45% of its $580B stimulus on improving virtually every aspect of their transportation system
read more
Source: Emerging Global Advisors
SEC Proposes Rule Regarding Risk Management Controls for Broker-Dealers with Market Access
February 5, 2010-Newsletter-Morrison & Foerster
On January 13, 2010, the Securities and Exchange Commission (the “SEC”) voted unanimously to propose a new rule that will effectively prohibit broker-dealers with market access from providing customers with unfiltered access to an exchange or alternative trading system (“ATS”).
Proposed Rule 15c3-5 (the “Proposed Rule”) would
require broker-dealers with direct market access to trading securities on an exchange or ATS to establish,
document, and maintain a system of risk management controls and supervisory procedures that, among other
things, are reasonably designed to (1) systematically limit the financial exposure of the broker-dealer that could
arise as a result of market access, and (2) ensure compliance with all regulatory requirements applicable in
connection with market access.1 The Proposed Rule encompasses trading in all securities on an exchange or ATS,
including equities, options, exchange-traded funds, and debt securities, and is intended to strengthen the controls
with respect to market access and to reduce regulatory inconsistency and the potential for regulatory arbitrage.
read more
Source: Morrison & Foerster
ELX Futures Reports Record Total Volume Trading Day
February 5, 2010--February 5, 2010 – ELX Futures, L.P. (ELX Futures) announced today it has set a record total volume trading day for the combined five U.S. Treasury futures products. At approximately 1:40 pm (EST), ELX Futures traded over 77,000 contracts, surpassing the previous trading record volume day on October 30th, 2009 with 76,462 contracts traded.
Neal Wolkoff, Chief Executive Officer of ELX Futures, said, “We are pleased to report record trading volumes today in our Treasury products. This is a remarkable accomplishment and shows the great strides that we have made since our launch. We expect to continue to build on our volume figures to achieve new records in the months ahead.”
Source: ELX Futures
U.S. ONE TRUST files with the SEC
February 5, 2010--US One Trust has filed a registration statement, post-effective amendment for
One Fund
NYSE Arca Ticker:ONEF
view filing
Source: SEC.gov
Proshares files with the SEC
February 5, 2010--Proshares has filed a registration statement, post-effective amendment. The filing relates only to the following new series of ProShares Trust: ProShares UltraPro QQQ, ProShares UltraPro Dow30, ProShares UltraPro MidCap400, ProShares UltraPro Russell2000, ProShares UltraPro MSCI EAFE, ProShares UltraPro MSCI Emerging Markets, ProShares UltraPro 7-10 Year Treasury.
ProShares UltraPro 20+ Year Treasury, ProShares UltraPro Short QQQ, ProShares UltraPro Short Dow30, ProShares UltraPro Short MidCap400, ProShares UltraPro Short Russell2000, ProShares UltraPro Short MSCI EAFE, ProShares UltraPro Short MSCI Emerging Markets, ProShares UltraPro Short 7-10 Year Treasury and ProShares UltraPro Short 20+ Year Treasury. No information relating to any other series or class of series of ProShares Trust is amended or superseded hereby.
view filing
Source: SEC.gov