Magazine-Indo Premier gets Deutsche Bank as custodian, fund administrator for new ETF
March 12, 2014--Deutsche Bank will provide custody and fund administration services to PT Indo Premier Investment Management for its newly launched stock-based exchange traded fund (ETF) -Premier ETF SMinfra18 Mutual Fund. Deutsche Bank already provides the same services to Indo Premier Investment Management for two other ETFs.
Established in 2003, Indo Premier Investment Management is a subsidiary of Indonesia-based Indo Premier Securities. Premier ETF SMinfra18 Mutual Fund is Indo Premier Investment Management's fifth ETF, and it is set up in cooperation with PT Sarana Multi Infrastruktur (Persero) as the owner of the SMinfra18 Index. The SMinfra18 Index is a collection of 18 stocks selected from the infrastructure sector.
view more
Source: The Asset
SGX to launch options on China A shares futures, Asian currency futures
March 12, 2014--Singapore Exchange (SGX) plans to introduce options on China A shares futures as well as futures contracts on the Chinese renminbi, Japanese yen and Thai baht in the third quarter of this year.
The Singapore bourse operator, which saw a sharp fall in stocks trading last month, said it aims to launch SGX FTSE China A50 Index options to cater to the risk management needs of global investors.
view more
Source: Chaanel News Asia
PSU ETF awaits Election Commission nod for launch
Launch requires EC's permission as model code of conduct has been in place since announcement of general election dates
March 11, 2014--Having worked out all the modalities to launch an exchange-traded fund (ETF) to divest its stake in select state-run companies, the government is now waiting for the Election Commission's (EC's) green light to start the scheme.
As the model code of conduct has been in place since the announcement of general election dates on 5 March, the launch requires the EC’s permission.
view more
Source: livemint.com
BOC rolls out first offshore renminbi index
March 11, 2014--China's most internationalized bank, Bank of China (BOC) rolled out its first offshore renminbi index (ORI) on Tuesday, in a move to push globalization of the currency.
The bank's ORI mainly tracks development of the yuan's deposit scale, operation, use of financial tools and other aspects with five indicators reflecting performance in the international financial market.
view more
Source: xinhuanet.com
New ETFs Included in Real-Time Dissemination of "TSE Indicative NAV"
March 10, 2014--Tokyo Stock Exchange, Inc. (TSE) will newly calculate and publish the real-time Indicative Net Asset Value (Indicative NAV) per share for the below Exchange Traded Funds (ETFs)
on our website beginning March 10, 2014..
view more
Source: TSE
TSE ETF/ETN Monthly Report-Feb 2014
March 10, 2014--Trading value remained high in February
The ETF/ETN market remained vibrant in February 2014, with a daily average of about JPY 136.3 billion and monthly trading value reaching about JPY 2.59 trillion.
Inverse ETFs were traded actively, as NEXT FUNDS Nikkei 225 Inverse Index Exchange Traded Fund (1571) rising to 8th in the rankings.
In addition, ETFs tracking VIX and precious metals stood out among issues that showed increase in trading value.
view ETF/ETN Monthly Report for Feb 2014
Source: TSE
TSE-New ETF to be Listed on Mar. 27, 2014(Thu.) Daiwa AM "Daiwa ETF JPX-Nikkei 400"
March 10, 2014--Today, Tokyo Stock Exchange, Inc. (TSE) approved the listing of a new ETF managed by "Daiwa Asset Management Co., Ltd".
The ETF will be listed on Thursday, March 27, 2014.
Code: 1599
Name: Daiwa ETF JPX-Nikkei 400
Listing Date: 27. March, 2014(Scheduled)
view more
Source: TSE (Tokyo Stock Exchange)
Japan to class Bitcoin as a commodity
March 7, 2014--Japan's cabinet has declared that Bitcoin should be classed as a commodity rather than a currency, vowing to look into taxes on gains from trading while preventing banks and securities houses from entering related businesses.
The proposed regulatory framework, sketched out on Friday, puts Japan at the forefront of efforts to regulate more tightly and tax Bitcoin and other "virtual currencies". Many authorities worldwide are monitoring the rapid growth of the peer-to-peer electronic cash system but have not drawn up proposals to govern it.
view more
Source: FT.com
New Listing of First ETFs Created by Norinchukin Zenkyoren Asset Management Co., Ltd-NZAM ETF J-REIT Index, NZAM ETF TOPIX Ex-Financials
March 7, 2014--Today, Tokyo Stock Exchange, Inc. (TSE) announced that "NZAM ETF J-REIT Index" (Code: 1595) and "NZAM ETF TOPIX Ex-Financials" (Code: 1596) managed by Norinchukin Zenkyoren Asset Management Co., Ltd. (NZAM) were listed on the TSE market.
view more
Source: Tokyo Stock Exchange (TSE)
Stocks soar as new exchange gets going
March 7, 2014--THE first listings for the new Australian bourse, the Asia Pacific Stock Exchange (APX), enjoyed a stellar debut day of trade yesterday.
Chinese health and diet products company Australia Samly Holdings Group jumped 10 per cent to $1.10, while e-commerce logistics group ZhongHuanYun fared even better, adding 18.4 per cent to 90c. They listed at 11am yesterday, kicking off the restart of trade on the revamped APX.
view more
Source: Asia Pacific Stock Exchange (APX)
If you are looking for a particuliar article and can not find it, please feel free to contact us for assistace.