If your looking for specific news, using the search function will narrow down the results
Nasdaq Included in Dow Jones Sustainability Index
September 14, 2016--Joins Nasdaq-Listed Companies including Adobe, Intel, and Starbucks
Nasdaq (Nasdaq:NDAQ) today announced it has been selected to join the Dow Jones Sustainability Indices (DJSI).
Nasdaq is one of 16 companies added to the Dow Jones Sustainability North America Index in 2016, which is comprised of 146 companies.
view more
Source: Nasdaq
J.P. Morgan Launches First Active ETF-JPMorgan Diversified Alternatives ETF: JPHF
Unique multi-strategy fund provides access to alternative strategies with low cost and liquidity
September 14, 2016--J.P. Morgan Asset Management today announced the launch of its first alternative and actively managed ETF, JPMorgan Diversified Alternatives ETF (JPHF).
The ETF provides investors with diversified exposure to hedge funds strategies including equity long/short, event driven and global macro strategies.
view more
Source: J.P. Morgan Funds
House panel okays Dodd-Frank revamp amid partisan rancor
September 13, 2016--A House of Representatives panel on Tuesday approved a proposal to revamp the Dodd-Frank Wall Street reform law, after a hearing where lawmakers verbally tussled over rules enacted in the aftermath of the 2007-09 financial crisis.
The Financial Services Committee voted to send the bill, introduced this summer by committee chairman, Republican Jeb Hensarling, to the full House to consider
Wave of new strategic beta ETFs make passive investing more complicated
But it's tough to know if the ETFs' investing rules produce superior returns
September 13, 2016--No one likes more rules-unless they're rolling out a new exchange-traded fund.
At the Morningstar ETF conference last week, strategic beta was one of the biggest topics of conversation. The question now is whether they can stand up to their claims in a challenging market, and whether investors and advisers can judge their performance accurately.
view more
Source: investmentnews.com
BlackRock Canada Intends to Switch the Listing Venue of Certain iShares Funds from the TSX to NEO
September 13, 2016--NEO Exchange prepares to welcome 12 iShares ETF listings
Aequitas NEO Exchange Inc. ("NEO Exchange" or "NEO"), Canada's newest stock exchange, is pleased to announce that BlackRock Asset Management Canada Limited ("BlackRock Canada") has announced its intention to move the listing venue for certain iShares exchange-traded funds (ETFs) from the Toronto Stock Exchange (TSX) to NEO.
This decision marks the first time a Canadian ETF provider has switched listings from the TSX to an alternative exchange.
view more
Source: NEO Exchange
Rafferty Asset Management Closing Three ETFs
September 13, 2016--The Board of Trustees of the Direxion Shares ETF Trust has decided to liquidate and close the Direxion Daily FTSE Developed Markets Bull 1.25X Shares (Ticker: LLDM), Direxion Daily FTSE Emerging Markets Bull 1.25X Shares (Ticker: LLEM) and the Direxion S&P 500(R)Volatility Response Shares (Ticker: VSPY) (each a "Fund" and collectively the "Funds") based on the recommendation of Rafferty Asset Management, LLC, the Trust's advisor.
view more
Source: Direxion
Flow Traders US LLC starts institutional trading in the United States after receiving its FINRA license
September 13, 2016--Flow Traders N.V. ("Flow Traders")(Euronext: FLOW) has received approval from the US Regulator FINRA to start its second broker-dealer in the United States for Flow Traders US Institutional Trading LLC.
This allows Flow Traders to deal off-exchange and with institutional counterparties directly, as of now.
The Institutional Trading desk in the United States is headed by William (Bill) Stush, who previously worked as Managing Director at Bank of America Merrill Lynch. He started at Flow
Traders US on 31st May 2016.
view more
Source: Flowtrades
AlphaClone Unveils Small Cap and Value Manager Indexes
September 13, 2016--New Active Indexes Designed to Capture Potential Alpha from Hedge Funds' High Conviction Holdings.
AlphaClone, Inc. ("AlphaClone"), a pioneer in building accessible, alpha-seeking active indexes for long-term investors, today announces the launch of the AlphaClone Small Cap Index and AlphaClone Value Manager Index.
The indexes seek to give investors the potential to outperform passive market indexes by accessing the investment ideas of the world's most established hedge funds.
view more
Source: AlphaClone
New: First Asset Share Buyback ETFs
September 13, 2016--First Asset Investment Management Inc. ("First Asset") is pleased to announce the launch of First Asset Canadian Buyback Index ETF (TSX: FBE) and First Asset U.S. Buyback Index ETF (TSX:FBU).
Both will commence trading today on the Toronto Stock Exchange.
view more
Source: First Asset
First US Futures Commission Merchant to Accept Bitcoin via BitPay
September 12, 2016--Good new for Bitcoin and futures traders alike! Straits Financial LLC, announced today it will be the first U.S. based Futures Commission Merchant ("FCM") to indirectly utilize the services of bitcoin payment processor BitPay Inc. via a partnership with digital bank WB21 Ltd.
view more
Source: financemagnates.com