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WisdomTree Lists ETFs on Bolsa Mexicana De Valores
April 27, 2010--WisdomTree an exchange-traded fund (“ETF”) sponsor and asset manager, announced today that nine WisdomTree ETFs will be listed on the Mexican stock exchange, Bolsa Mexicana De Valores (BMV). Three WisdomTree Dreyfus Currency Income ETFs and six WisdomTree equity ETFs will be listed in the special international section of the BMV, the Sistema Internacional de Cotizaciones.
SIC makes it possible for certain institutional investors to trade foreign securities in Mexico. Securities listed on the SIC are not publicly offered in Mexico.
“The same qualities that have fueled the rapid adoption of ETFs in the U.S. – liquidity, transparency and tax efficiency compared to traditional investment products – have contributed to the growth of the ETF market in Mexico and other markets across the world. We are pleased to cross-list nine ETFs on the Bolsa Mexicana De Valores in recognition of this growing demand and believe Mexico presents a significant opportunity for WisdomTree and the ETF industry as a whole,” said Bruce Lavine, WisdomTree President & COO.
| US Fund Name | US Ticker | |
| WisdomTree LargeCap Dividend Fund | DLN | |
| WisdomTree SmallCap Earnings Fund | EES | |
| WisdomTree Japan SmallCap Dividend Fund | DFJ | |
| WisdomTree Emerging Markets Equity Income Fund | DEM | |
| WisdomTree Emering Markets SmallCap Dividend Fund | DGS | |
| WisdomTree India Earnings Fund | EPI | |
| WisdomTree Dreyfus Chinese Yuan Fund | CYB | |
| WisdomTree Dreyfus Emerging Currency Fund | CEW | |
| WisdomTree Dreyfus Brazilian Real Fund | BZF |
*Chart Applicable to US markets only.
BATS Options Rollout Continues - Kansas City-Based US Equity Options Exchange Announces - Trading In Additional 500 Securities, Effective Today
April 27, 2010--April 27, 2010 – BATS Global Markets, an innovative global financial markets
technology company, continues the rollout of BATS Options, the newest U.S. equity options exchange,
with the addition of options on more than 500 underlying securities available for trading on its system
today.
BATS Options now offers trading in options on more than 1,000 underlying securities and will complete
the rollout by May 17th. The complete rollout schedule is available at www.batsoptions.com.
Less than two months after launching, BATS Options set a one-day record of 118,673 contracts traded on Friday, April 16th.
Committee Approves FHA Reform Act
April 27, 2010--Today, the House Financial Services Committee approved legislation to ensure that the Federal Housing Administration (FHA) remains viable and continues its mission of insuring mortgage loans.
Congresswoman Maxine Waters (D-CA), Chairwoman of the Housing and Community Opportunity Subcommittee, drafted the FHA Reform Act of 2010 (H.R. 5072) in response to recent events that caused FHA’s reserves to fall below the two percent level required in law. The Act will empower FHA to improve its financial position by allowing the agency to adjust its premium structure for new borrowers, while still providing affordable mortgage insurance to the individuals FHA is intended to serve including low-income and minority borrowers and individuals in traditionally underserved areas
Statement of Commissioner Bart Chilton on Meeting to Consider Significant Price Discovery Contract Determinations, Washington, DC
April 27, 2010--I’m pleased the Commission is moving forward with determinations regarding significant price discovery contracts pursuant to Congressional mandates. This process will bring under federal oversight certain contracts that can affect prices—prices that consumers pay for myriad commodities.
It will not, however, address many outliers that remain and need to be addressed as part of financial regulatory reform efforts currently being considered on Capitol Hill. For example, the process we are involved in today will not and cannot address needed oversight of over-the-counter transactions such as credit default swaps that brought down American International Group and helped further propel our economy to the edge of a cliff in 2008. If there is one thing we should take away from the economic fiasco, it is that regulatory reform is needed. The status quo is unacceptable. I’m concerned about efforts to stall progress on legislation in this regard. I understand that individual Senators may have issues that they want addressed, and I am hopeful that the amendment process will provide them with a vehicle to do just that. But individual agendas should not and cannot be allowed to derail necessary changes to our financial system.
Statement of Commissioner Jill Sommers on Meeting to Discuss on Significant Price Discovery Contracts
April 27, 2010--The appropriate regulatory treatment of contracts traded on Exempt Commercial Markets (ECMs) has been an important and evolving issue for the Commission from the time Congress authorized their existence in 2000. Initially ECMs were subject to basic recordkeeping and reporting requirements for contracts averaging five trades per day or more, and the Commission could demand the production of additional information under its special call authority when appropriate.
The Commission was also authorized to determine that an ECM contract performed a significant price discovery function for an underlying cash market. Such a finding did not, however, trigger any self-regulatory responsibilities for the ECM or any additional oversight authority for the Commission. In addition, while the information received from ECMs was somewhat useful to the Commission, it was not transmitted in a form that could facilitate regulatory oversight such as our large trader reporting system does.
As ECM markets developed over the past decade, the Commission recognized that additional oversight authorities were needed or potentially needed for price discovery contracts traded on ECMs, particularly those linked to fully regulated contracts traded on designated contract markets (DCMs). The Commission found that a similar level of regulation was appropriate for these contracts, not only to give both the Commission and ECMs proper policing authority, but to eliminate possible competitive disparities that could unfairly advantage an ECM listing a contract that competed with a DCM contract, but was not subject to the same regulatory restrictions. In 2007 the Commission recommended that Congress amend the Commodity Exchange Act to correct this gap in the law, which Congress did in the 2008 Reauthorization Act.
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An ETF invests on the opposite side of the Street U.S. Department of the Treasury Economic Statistics - Monthly Data Update Green Exchange LLC Crosses Major Milestone: Files For Status As Independent Exchange Nancy King, Chairperson of the Board of Green Exchange LLC, added, “Once Green Exchange is granted designation by the CFTC, our customers can be confident that their transactions on the exchange will be subject to a very high level of oversight. Attaining this level of regulation is consistent with the business goals of Green Exchange Venture as it strives to achieve the gold standard in all areas of operation.” Emerging Markets Week in Review-4/19/2010 - 4/23/2010 ISE Extends Trading Hours for its ISE FX Options® Products ISE currently lists FX options on ten currency pairs. The USD-based, or “per US$,” currency convention is
available for all ten pairs and allows investors to express their views on the strength or weakness of the U.S.
dollar relative to global currencies while adopting the trading strategies they currently use for equity and index
options. The “in US$” currency convention, which is the inverse of the USD-based convention, is the traditional
convention used in the FX spot market and is available on four currency pairs.
As exchange-listed securities, ISE FX Options can be easily accessed through most major brokerage accounts
that are approved for trading equity and index options. These products are cash-settled and have European style
exercise. For more information about ISE FX Options, please visit www.ise.com/fx. For breaking news, trading
and educational tools, as well as market commentary and analysis on FX options, please visit
www.fxoptions.com, ISE’s online trader community exclusively dedicated to FX options. BNY Mellon to use ESG data to pick winners
The bank said that “historically, fiduciary responsibility such as the role performed by investment committees and trustees has often been defined exclusively in financial terms, such as maximizing returns to provide for retired employees”. But it recognised a “growing discussion that the way in which those returns are achieved is just as important”. Republicans delay financial reform bill Jefferies files with the SEC ETF Securities has filed an amended S-1 registration statement ETF Securities files with the SEC
April 26, 2010--While actively managed exchange-traded funds are becoming more plentiful, indexed investors need not feel neglected. The adventurous among them can choose from a growing number of ETFs that track indexes designed to measure active strategies.
Some of these passively managed active strategies are pretty simple. For instance, the iShares Dow Jones Select Dividend ETF and Wisdom Tree Total Dividend are based on indexes that select high-yielding stocks from companies unlikely to cut their dividends.
April 26, 2010--U.S. Department of the Treasury Economic Statistics - Monthly Data Update is now available.
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April 26, 2010--Green Exchange LLC announced today that it has formally submitted its application to the Commodity Futures Trading Commission (CFTC) for designated contract market (DCM) status. If approved, this designation will allow Green Exchange to operate as a stand-alone entity and to list futures and options contracts for the trading of environmental derivative products under CFTC regulation and oversight. The environmental products that Green Exchange intends to list initially are currently listed, traded and subject to the rules and regulations of the New York Mercantile Exchange (NYMEX).
"This milestone marks the first step in our move to operate an independent futures and options market," said Tom Lewis, Green Exchange LLC Chief Executive Officer. “Once a DCM, the futures and options contracts currently traded on NYMEX will be seamlessly migrated to Green Exchange enabling customers to continue to benefit from the same screen-trading access through CME Globex® as well as the safeguards of the CME Clearinghouse.”
April 26, 2010--The Dow Jones Emerging Markets Composite Index declined 0.80% last week as fiscal problems in Europe and charges against Goldman Sachs overshadowed positive data supporting a global economic recovery. Industrials and Consumer Goods were the best performers for the week, gaining 1.57% and 1.21% respectively.
Materials and Financials led the decline, down 2.4% and 1.47% respectively, but remain positive for the year along with all other sectors.
April 26, 2010--The International Securities Exchange (ISE) today announced that it will extend
trading hours for all products in its suite of ISE FX Options®. Beginning on April 30, 2010, trading in ISE’s
currency options will open at 7:30 a.m. Eastern Time. Trading will close at 4:15 p.m.
“We are very excited to extend the trading hours in our FX options products,” said Kris Monaco, Director of New Product Development at ISE. “By opening our market two hours earlier, we will be able to attract participants who
are active in the foreign exchange markets prior to ISE’s current 9:30 a.m. opening time. The extended hours will
appeal to a broader range of foreign exchange traders, especially from the UK and other countries in Western
Europe, and ISE’s FX options products will benefit from additional liquidity during peak FX trading hours.”
US banking giant in shift towards ESG
April 26, 2010--US asset management and custody giant BNY Mellon says it plans to use environmental, social and governance data to help it identify companies that will outperform in the future.
“In 2010, we will be looking at ways that ESG data can be used not just from a prohibitive perspective, but also to help identify companies that will outperform in the future, based on their environmental or social responsibility,” the company said.
April 26, 2010--Republicans delayed a financial regulatory bill on Monday, sending senators back to the negotiating table where they will try to thrash out a deal and consider new criticism from the Federal Reserve.
President Barack Obama said he was “deeply disappointed” by the Senate vote in which Ben Nelson, the Democratic senator from Nebraska, joined all 39 Republican senators present to oppose a procedural motion to move forward with the landmark bill.
April 23, 2010--Jeffrries has filed a FORM S-1 Registration Statement with the SEC for
JEFFERIES S&P 500 VIX SHORT-TERM FUTURES ETF
NYSE Ticker: VIXX.
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April 23, 2010--ETF Securities has filed an amended S-1 registration satement for
ETFS Platinum Trust
ETFS PALLADIUM TRUST
April 23, 2010--ETF Securities has filed an amended S-1 registration statement for
ETFS Platinum Trust
view filing
