Americas ETP News
If your looking for specific news, using the search function will narrow down the results
Credit Suisse AG Announces Its Intent To Delist And Suspend Further Issuances Of Its VelocityShares™ ETNs
June 22, 2020--Credit Suisse AG announced today its intention to delist and suspend further issuances of the following Exchange Traded Notes (the "ETNs"):
ETN |
Ticker |
Exchange |
CUSIP |
VelocitySharesTM 3x Long Gold ETNs linked to the S&P GSCI® Gold Index ER due October 14, 2031 |
UGLD |
The Nasdaq Stock Market |
22542D316 |
Source: Credit Suisse AG
Pandemic propels old-school bond traders towards an electronic future
June 22, 2020-- The mammoth bond market has long been the old-school bastion of the financial world, but the COVID-19 pandemic has cast a light on its future- and it looks electronic. Well, mainly.
view more
Source: Reuters
ETFMG Adds Biotech to Their Thematic ETF Lineup with GERM
June 18, 2020--ETFMG, a leading thematic ETF issuer, announced today the launch of its latest innovative exchange traded fund, the ETFMG Treatments, Testing and Advancements ETF (NYSE Arca: GERM).
GERM seeks to answer investor demand for direct exposure to the biotech companies directly engaged in the testing and treatments of infectious diseases. The first-to-market methodology behind the Fund focuses on the advancements in the infectious disease subsector of biotech with targeted exposure to U.S.-listed companies at the forefront of R&D, vaccines, therapies and testing technologies.
view more
Source: ETFMG
Court deals blow to SEC in battle with exchanges over fees
June 16, 2020--Regulator has been seeking to push down costs for investors in US markets.
A US appeals court on Tuesday handed another legal win to the country's biggest stock exchanges in their fight with their regulator, blocking a proposed experiment involving trading fees.
The decision was the second court loss in a fortnight for the Securities and Exchange Commission, which in recent years has toughened its scrutiny of major stock exchanges and sought to push down costs for traders.
view more
Source: FT.com
Israeli Equities Extend Lead Versus Global Benchmarks in May; Bluestar Israel Global Index(R) Outperforming MSCI Eafe by 9.4% in 2020 as Israel Reopens for Business
June 16, 2020--Israeli stocks, as defined by the BlueStar Israel Global Index(R) (BIGI(R)), rose 11.95% in April outperforming developed international equities, as measured by MSCI EAFE, by 5.41%. With a 2020 loss of 9.83%, BIGI is leading MSCI EAFE by 7.83% and MSCI EM by 6.77%, YTD.
Israeli technology stocks, as defined by The BlueStar Israel Global Technology Index™ (BIGITech(R)), led global tech benchmarks with a 15.17% return in April, outperforming the Dow Jones US Tech and S&P Global Tech indexes by 0.15% and 2.18%, respectively.
BIGI slightly underperformed the TA-125 Index of Israeli-listed stocks in April by 0.23% but maintains a 3.93% lead for 2020 YTD.
Israel’s government USD-denominated debt, as defined by the BlueStar Israel Government USD Bond Index, remains attractive as yields continue to fall.
view more
Source: Blue Star Indexes
CFTC.gov Commitments of Traders Update
June 12, 2020--The current reports for the week of June 09, 2020 are now available.
view update
Source: CFTC.gov
Franklin Templeton launches active US Treasuries ETF
June 12, 2020--Franklin Templeton has expanded its suite of actively managed fixed income ETFs in the US with the launch of a fund providing exposure to Treasury securities.
The Franklin Liberty US Treasury Bond ETF (FLGV US) has listed on NYSE Arca and comes with a net expense ratio of 0.09% after the application of a fee waiver.
Its gross expense ratio is 0.59%.
The fund, which is benchmarked against the Bloomberg Barclays US Aggregate Government Treasury Index, may invest across the maturity spectrum but will primarily focus on maturities between one and 30 years.
view more
Source: etfstrategy.com
United States Oil Fund receives green light to issue new shares
June 12, 202--The United States Oil Fund LP, the largest U.S. oil-focused exchange-traded product, stated on Friday in a regulatory filing that it has gained approval to resume offering new shares.
USO's registration of 1 billion new shares has been declared effective by the Securities and Exchange Commission, the fund said, and hence it can once again allow authorized purchasers, or market makers for exchange-traded products, to issue new USO shares.
view more
Source: reuters.com
'Volatility Is Everywhere': The Market Tactic That’s Driving Stocks Haywire
June 12, 2020--Markets were once dominated by bulls who thought stocks would go up and bears who thought they would go down. These days, another animal is on the rise. It doesn't much care what stocks do, as long as they do something.
These investors are focused on volatility, the amount of movement in prices over time. In recent years, volatility has gone from a specialty of derivatives traders to a vehicle for trading in its own right. Investors big and small are wagering hundreds of billions of dollars on volatility, including by betting...
view more
Source: wsj.com
ETFGI reports ETFs and ETPs listed in US gathered net inflows of 28.38 billion US dollars during May 2020
June 11, 2020--ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that ETFs and ETPs listed in US gathered net inflows of US$28.38 billion during May, bringing year-to-date net inflows to US$131.45 billion which is significantly higher than the US$67.25 billion net inflows gathered at this point last year.
Assets invested in the US ETFs/ETPs industry have increased by 4.6%, from US$4.05 trillion at the end of April, to US$4.23 trillion at the end of May, according to ETFGI's May 2020 US ETFs and ETPs industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
Highlights
Assets of $4.23 trillion invested in ETFs/ETPs listed in US at the end of May are the 4th highest on record.
During May 2020, ETFs/ETPs listed in US gathered $28.38 billion in net inflows. Fixed Income products gathered the majority of NNA.
Year-to-date net inflows of $131.45 billion are nearly double the $67.25 billion gathered at the end of May 2019.
The Feds investment in May into Investment Grade and High Yield ETFs has helped to support the ETF industry.
view more
Source: ETFGI
