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ISE Reports Monthly Volume for October 2010
November 1, 2010--The International Securities Exchange (ISE) today reported average daily volume of 2.9 million contracts in October 2010.
Average daily trading volume for all options contracts decreased 26.0% to 2.9million contracts in October
as compared to 4.0 million contracts during the same period in 2009. Total options volume for the month decreased 29.3% to 61.7 million contracts from 87.2 million contracts in the same year-ago period.
On a year-to-date basis, average daily trading volume of all options decreased 25.0% to 3.0 million
contracts traded. Total year-to-date options volume through October 2010 decreased 25.4% to 626.5
million contracts from 839.3 million contracts in the same period last year.
CBOE Reports October 2010 Trading Volume
October 2010 Average Daily Volume Up 14% From September 2010, Down 6% From October 2009
November 1, 2010--The Chicago Board Options Exchange (CBOE) today reported that average daily volume (ADV) in October was 4.3 million contracts.
October's ADV was a six-percent decline from the 4.6 million contracts per day in October 2009 and a 14-percent increase over September 2010 ADV of 3.8 million contracts.
Year-to-date ADV of 4.5 million contracts through October was down two percent compared with the same period in 2009.
BNY Mellon ADR Index Monthly Performance Review is Now Available
November 1, 2010--BNY Mellon ADR Index Monthly Performance Review has been updated and is now available.
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U.S. Department of the Treasury Treasury International Capital System (TIC) Homepage Update
November 1, 2010--The U.S. Department of the Treasury Treasury International Capital System (TIC) Homepage has been updated.
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Vanguard adds Global ex-U.S. Real Estate Index Fund and ETF
November 1, 2010--Vanguard today introduced a new international real estate index fund with traditional and exchange-traded fund (ETF) shares, further rounding out our offerings across multiple asset classes.
Vanguard Global ex-U.S. Real Estate Index Fund is benchmarked to the S&P Global ex-U.S. Property Index. It will invest in real estate investment trusts (REITs) and real estate operating companies (REOCs) in developed and emerging markets excluding the United States.
The Global ex-U.S. Real Estate Index Fund and ETF will complement Vanguard REIT Index Fund, which holds U.S. real estate securities.
"Modest exposure to real estate investments in a broadly diversified investment portfolio can help moderate overall portfolio volatility and serve as a hedge against inflation," Vanguard Chief Investment Officer Gus Sauter said. "With international real estate securities representing a growing portion of the overall real estate market, a counterpart to our domestic REIT Index Fund is a natural addition to our index fund lineup." ProShares files with the SEC iShares files with the SEC PIMCO Launches Broad U.S. Treasury Index Fund The PIMCO Broad U.S. Treasury Index Fund aims to achieve the yield, duration and capital preservation inherent in The BofA Merrill Lynch Liquid US Treasury Index(SM). The ETF structure allows for trading and pricing throughout the day and has the same expense ratio for all investors, regardless of size. Also, ETF fund shares are publicly traded, offering accessibility to any investor who can access a major stock exchange.
Potential benefits of this fund include: Convenient and efficient exposure to the broad U.S. Treasury yield curve. Access to the entire spectrum of Treasuries with one fund rather than multiple Treasury ETFs or individual securities.
A liquid basket that includes the three most recently issued 2-year, 3-year, 5-year, 7-year, 10-year, and 30-year U.S. Treasury notes and bonds (including "on-the-run issues," or those securities most recently issued). UBS Announces New Energy Exchange Traded Note Linked to the Wells Fargo® MLP Index Master Limited Partnership is a publicly traded limited partnership that has certain tax advantages of a partnership for the holder of the MLP. The UBS E-TRACS Wells Fargo® MLP Index is linked to the Wells Fargo® MLP Index and pays a variable quarterly coupon linked to the cash distributions associated with the MLP constituents of the Index, less investor fees. The payment at maturity or upon earlier redemption or call by UBS is linked to the performance of the Index. U.S. Department of the Treasury TIC Annual and Benchmark Surveys Update Joint CFTC-SEC Advisory Committee on Emerging Regulatory Issues to Meet
hear a report from the subcommittee on cross-market linkages;
hear a report from the subcommittee on pre-trade risk management; and
discuss potential recommendations and responses.
The meeting will be held in the Lobby Level Hearing Room at the CFTC’s Headquarters. Three Lafayette Centre, 1155 21st Street, NW, Washington, D.C.
U.S. International Reserve Position
October 22, 2010 A. Official reserve assets (in US millions unless
otherwise specified) 1 135,793 (1) Foreign currency reserves (in convertible foreign
currencies) Euro Yen Total (a) Securities 9,862 15,950 25,813 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 14,576 7,837 22,413 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 13,058 (3) SDRs 2 58,347 (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) 5,120 --financial derivatives --loans to nonbank nonresidents --other (foreign currency assets invested through reverse
repurchase agreements) 5,120 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 Report On U.S. Portfolio Holdings of Foreign Securities at End-Year 2009
Overall Results
This survey measured the value of U.S. portfolio holdings of foreign securities at year-end 2009 of approximately $6.0 trillion, with $4.0 trillion held in foreign equity, $1.6 trillion held in foreign long-term debt securities (original term-to-maturity in excess of one year), and $0.4 trillion held in foreign short-term debt securities. The previous such survey, conducted as of year-end 2008, measured U.S. holdings of approximately $4.3 trillion, with $2.7 trillion held in foreign equity, $1.3 trillion held in foreign long-term debt securities and $0.3 trillion held in foreign short-term debt securities. The increase in the value of U.S. portfolio holdings between the two surveys primarily reflects valuation changes in foreign equity during 2009. U.S. portfolio holdings of foreign securities by country at the end of 2009 were the largest for the United Kingdom ($958 billion), followed by Canada ($540 billion), and Japan ($419 billion) (see Table 2). These three countries attracted about one-third of the total U.S. portfolio investment. view the Report On U.S. Portfolio Holdings of Foreign Securities at End-Year 2009 Dow Jones Indexes and UBS Announce 2011 Weights of Dow Jones-UBS Commodity Index SEC Staff Publishes Progress Report on Work Plan for Global Accounting Standards "The staff has invested significant time and effort in executing the Work Plan, and we've made great progress to date," said SEC Chief Accountant Jim Kroeker. "This progress report emphasizes the importance of transparency in the staff's activities, and can help the public's understanding of the magnitude of this project and the staff's progress."
The Work Plan addresses six key areas:
Sufficient development and application of IFRS for the U.S. domestic reporting system.
The independence of standard setting for the benefit of investors.
Investor understanding and education regarding IFRS.
Examination of the U.S. regulatory environment that would be affected by a change in accounting standards.
The impact on issuers both large and small, including changes to accounting systems, changes to contractual arrangements, corporate governance considerations, and litigation contingencies.
Human capital readiness.
The SEC staff expects to continue to report periodically on the status of the Work Plan in 2011.
November 1, 2010--ProShares has filed a registration statement with the SEC for
ProShares Hedge Replication ETF.
view filing
November 1. 2010--iShares has filed a post effective amendment, registration statement with the SEC for iShares MSCI Russia Capped Index Fund.
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'TRSY' Broadens Access to U.S. Treasuries in Efficient ETF Format
November 1, 2010-- PIMCO, a leading global investment solutions provider, has launched the PIMCO Broad U.S. Treasury Index Fund (Ticker: TRSY) to offer investors exposure to the broad U.S. Treasury yield curve via an Exchange Traded Fund (ETF).
"PIMCO has designed TRSY as a single ETF providing exposure to the broad U.S. Treasury yield curve," said Vineer Bhansali, managing director and portfolio manager of the new ETF. "The fund seeks to be a convenient and efficient alternative to investing in individual U.S. Treasury securities."
November 1, 2010--UBS Investment Bank announced today that it has added to its suite of UBS E-TRACS Exchange Traded Notes (ETNs) with the new UBS E-TRACS linked to the Wells Fargo® MLP Index due October 29, 2040. It began trading today on NYSE Arca under the ticker symbol, MLPW, and provides investors a way to gain exposure to the Master Limited Partnership (MLP) energy sector.
“We are excited to bring this 17th UBS E-TRACS ETN to market,” said Christopher Yeagley, Managing Director and US Head of Equity Structured Products. “This is our fifth ETN based on Master Limited Partnerships, and rounds out our suite of energy MLP products. UBS E-TRACS now offers ETNs linked to both the Infrastructure and Natural Gas components of the energy MLP market, short exposure to energy MLPs, leveraged exposure to energy MLPs, and now broad exposure to the MLP energy market.”
Noevember 1, 2010--The U.S. Department of the Treasury TIC Annual and Benchmark Surveys have been updated and is now available.
view updates
October 29, 2010--The Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) will hold a public meeting of the Joint CFTC-SEC Advisory Committee on Emerging Regulatory Issues on November 5, 21010, from 9:00 am to 12:00 pm, to:
Receive a summary and recap from the staffs of the CFTC and SEC on the report issued September 30, 2010;
October 29, 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 $135,793 million as of the end of that week, compared to $136,532 million as of the end of the prior week.
I. Official reserve assets and other foreign currency assets (approximate market value, in US millions)
October 29, 2010--The findings from an annual survey of U.S. portfolio holdings of foreign securities at year-end 2009 were released today.
The survey was undertaken jointly by the U.S. Department of the Treasury, the Federal Reserve Bank of New York and the Board of Governors of the Federal Reserve System.
A complementary survey measuring foreign holdings of U.S. securities also is conducted annually. Data from the most recent such survey, which reports on securities held on June 30, 2010, are currently being processed. Preliminary results are expected to be reported on February 28, 2011.
October 29, 2010--Dow Jones Indexes, a leading global index provider, and UBS Investment Bank announced the new target weightings for the Dow Jones-UBS Commodity IndexSM that will become effective in early January 2011.
The new target weights for the commodity components, which were determined and approved by the Dow Jones-UBS Commodity Index Supervisory Committee following consultation with the Dow Jones-UBS Commodity Index Advisory Committee, are listed below.
October 29, 2010--The Securities and Exchange Commission's Office of the Chief Accountant and Division of Corporation Finance today published their first progress report on the Work Plan related to global accounting standards.
The Commission directed agency staff earlier this year to execute the Work Plan to provide the information needed to evaluate the implications of incorporating International Financial Reporting Standards (IFRS) into the financial reporting system for U.S. issuers. The Commission indicated that following successful completion of the Work Plan and the convergence projects of the Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB), it will be in a position in 2011 to determine whether to incorporate IFRS into the U.S. financial reporting system.
