Shanghai 180 China A-share leveraged/inverse ETFs debut on TWSE
November 28, 2014--The Taiwan Stock Exchange ("TWSE") this week welcomed the debut of the "Fubon SSE180 Leveraged 2X Index ETF" and "Fubon SSE180 Inversed Index ETF", the first leveraged and inverse Exchange Traded Funds (ETFs)
tracking the Shanghai Stock Exchange 180 Index available globally.
In the first four days of trading the ETFs together accounted for over 16.3% of the total daily ETF turnover, reflecting strong demand for innovative products.
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Source: FTSE Global Markets
Indi-Stock-based derivative trading gains traction
Analysts concerned about high-leverage in the system
November 26, 2014--Trading in the stock derivative segment is slowly picking up pace as investors get less risk-averse and much more confident about the market direction.
Analysts said that investors were willing to take speculative positions on individual stocks by taking higher leverage, often without adequate hedges in the cash market.
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Source: Business Standard
Results of Discussion on Extension of Trading Hours
November 25, 2014--Tokyo Stock Exchange, Inc. (TSE) has today decided not to extend its trading hours.
The background to the decision-making process can be found here
Source: Tokyo Stock Exchange (TSE)
Nasdaq Bets on ETFs Joining Hong Kong-Shanghai Stock Link
November 23, 2014--Nasdaq OMX Group Inc. is betting that the Chinese authorities will let investors buy exchange-traded funds over the new link between Hong Kong and Shanghai.
The New York-based exchange operator is partnering with fund managers in Hong Kong as it prepares for a future phase of the link to include ETFs, the company's vice president for global indexes, Robert Hughes, said. BMO Global Asset Management (Asia) Ltd., a subsidiary of Bank of Montreal (BMO), launched two Hong Kong-listed ETFs that track Nasdaq indexes last week.
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Source: Bloomberg
China surprises with interest rate cut
November 21, 2014--China cut interest rates unexpectedly on Friday, stepping up efforts to support the world's second-biggest economy as it heads towards its slowest expansion in nearly a quarter of a century.
The cut, the first in over two years, came as factory growth has stalled and the property market, long a pillar of growth, has remained weak, dragging on broader activity and curbing demand for everything from furniture to cement and steel.
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Source: FIN24
To Accelerate Development of Exchange-traded Fund Market by Standardizing Processes and Encouraging Innovation
SZSE Guidelines for Fund Products Development and Services Innovation Promulgated
November 21, 2014--To further promote the development of exchange-traded fund market and better serve market players, Shenzhen Stock Exchange (SZSE) today officially promulgated the Guidelines for Fund Products Development and Services Innovation (hereinafter "Products and Services Guidelines"), based on opinions from fund managers and industrial experts.
As introduced by SZSE, the Products and Services Guidelines mainly contains the following contents:
first, establishing standardized and transparent rules and procedures for products and services, and specifying required application materials involved in products development, and procedures and time schedule for product acceptance;
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Source: Shenzhen Stock Exchange (SZSE)
BetaShares Weekly Newsletter-It's your call: how to enhance income from equities using options
November 20, 2014--With cash deposit rates at historical lows and with the prospects of continued volatility in the share market, investors are looking for smart ways to enhance income and reduce share market risk.
One way of seeking enhanced income is through what's known as a "buy/write" strategy, which uses "call options".
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Source: BetaShares Blog
Reforms poised to put India on a strong, sustainable and inclusive growth path, OECD says
November 19, 2014--The Indian economy is showing signs of a turnaround. New reforms, some of which are included in the package presented by Prime Minister Narendra Modi, need to be implemented to put the country on a path to strong, sustainable and inclusive growth, according to the latest OECD Economic Survey of India.
The Survey, presented in New Delhi by OECD Chief Economist Catherine L. Mann and Arvind Subramanian, Chief Economic Adviser to the Government of India, notes that India slowed more than many other countries since 2011, but is now recovering faster. India's GDP should grow by more than 6.5 percent annually in the coming years.
view the Economic Survey of India 2014 Overview
Source: OECD
HKEx's Li says derivatives, IPOs to be part of Shanghai stock scheme in months
November 19, 2014--November 17, 2014--Hong Kong stock exchange Chief Executive Officer Charles Li said it would take months, not years, before initial public offerings (IPOs) and derivatives are made a part of a landmark scheme linking Hong Kong and the Shanghai stock exchanges that kicked off on Monday.
In an exclusive interview with Reuters, Li also said it was a matter of time before the Shenzhen stock exchange, a smaller bourse in China, will also be linked up with Hong Kong.
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Source: Reuters
India looks to further crackdown on gold imports
November 19, 2014--The Indian government is considering a further crackdown on gold imports as New Delhi tries to control the country's yawning trade deficit.
Officials from the ministry of finance and the central bank have met in the past week to discuss the current restrictions on...
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Source: FT.com