ESMA updates its EMIR Q&A
December 14, 2017--The European Securities and Markets Authority (ESMA) has issued today an update of its Q&A on practical questions regarding the implementation of the European Markets Infrastructure Regulation (EMIR).
The updated Q&A includes new answers in relation to:
Indirect clearing;
Reporting of collateral;
Swap reporting to trade repositories; and
Contracts with no maturity.
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Source: ESMA
ESMA updates Q&As on the Benchmarks Regulation
December 14, 2017--The European Securities and Markets Authority (ESMA) has published updated Questions and Answers (Q&As) regarding the implementation of the Benchmarks Regulation (BMR).
The Q&As include two new answers regarding the following topics:
Authorisation and registration: on the obligations applicable to administrators; and
Requirements for users: regarding the written plans to be produced by supervised entities.
view the ESMA Q&A on the Benchmarks Regulation (BMR)
Source: ESMA
Flow Traders releases November 2017 ETP market volumes
December 14, 2017--Flow Traders N.V. ("Flow Traders") (Euronext: FLOW), today releases the monthly ETP (Exchange Traded Products) market data for the month November 2017. This refers to general market data only.
In November 2017, the total Global ETP Assets under Management (AuM) grew to US$ 4,661bn from US$ 4,524bn in October (+3.03% month-on-month*,
(*source: BlackRock ETP Landscape November 2017).
That translates into a total Global ETP AuM in euro terms of € 3,909bn versus € 3,883bn in October 2017, with an EUR/USD FX rate of 1.19235 (rate end November 2017).
The average VIX for the month of November reached 10.57 (versus 10.13 in October), with a low of 8.56 (versus 9.19 as a low in October) and a high of 14.51 (versus 11.30 in October)*
(*Source: Bloomberg).
For a complete historical overview of the market data, please visit http://www.flowtraders.com/investors
Source: Flow Traders N.V.
Two new iShares bond index ETFs launched on Xetra
December 14, 2017--ETFs track investment grade bonds denominated in US dollars
Two new exchange traded funds (ETFs) issued by iShares have been tradable on Xetra and Börse Frankfurt since Thursday.
The two new bond index ETFs give investors the opportunity to participate in the performance of the Bloomberg Barclays Global Aggregate Bond Index.
The reference index measures the performance of global markets for investment grade bonds and comprises fixed-interest securities denominated in US dollars that are issued or guaranteed by governments, international public corporations or companies. Investors can choose a policy of either distribution or accumulation.
Name: iShares Global Aggregate Bond UCITS ETF USD (Dist)
Asset class: bond index ETF
ISIN: IE00B3F81409
Ongoing charges p.a.: 0.10 percent
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Source: Deutsche Börse Cash Market
MiFID II presents issuers with challenges in research
December 14, 2017--Joint paper by Deutsche Börse and a number of associations informs about impact / Regulatory changes particularly affect small and medium-sized enterprises
When the EU Markets in Financial Instruments Directive MiFID II enters into force on 3 January 2018, the rules on the provision of research services will fundamentally change.
In addition to banks and investors, this particularly affects listed companies. In order to continue to attract the necessary attention on the capital market in the future, smaller issuers in particular will need to act. This is the conclusion of a paper that Deutsche Börse AG presented jointly today with the German Investment Funds Association (BVI), the German Share Institute (DAI), the German Investor Relations Association (DIRK) and the German Society of Investment Analysts and Asset Managers (DVFA).
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Source: Deutsche Börse Cash Market
Lyxor-Money Monitor ETF-December 2017-ETF Flows hit another all-time high
December 13, 2017--ETF Flows hit another all-time high
ETF flows accelerated further in November as persistent, and synchronized, global economic growth supported developed market equities and bonds. In fact, ETFs gathered inflows of €10.4bn last month, up from €7bn in October.
It was another strong month for equities, with inflows standing at €6.8bn. Economic and political conditions improved in the eurozone while in the US, the Republican tax cut bill had a positive impact. As a result, both regions enjoyed very strong inflows this month. Flows into Japan Equities, another hotspot in recent months, slowed slightly but remained strong after more positive economic news.
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Source: Lyxor
ECB's Draghi sidelines critics to keep money taps wide open
December 13, 2017--The European Central Bank on Thursday stuck to its pledge to keep money pouring into the euro zone economy for as long as needed, despite opposition from some rate setters and increased growth and inflation forecasts for the area.
The ECB raised its euro zone growth forecasts from this year through to 2019 and nudged up its expectations for inflation, now seen at 1.7 percent in 2020, close to its target of almost 2 percent.
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Source: Reuters
November 2017: ETFs turnover reaches all-time high
December 12, 2017-The statistical monthly report contains the latest trade and turnover figures for SIX Swiss Exchange.
Trading activity on the Swiss exchange has risen sharply in the year to date compared with the same period of 2016.
Trading turnover grew by 6.3% to CHF 1'245.1 billion, and the number of trades increased by 8.4% to 47'453'956.
At segment level, ETFs were particularly strong and reached a new all-time high: the previous all-time record high in terms of annual turnover, last year's figure of CHF 103.8 billion, was already surpassed on 23 November. Overall, ETF turnover after eleven months reached CHF 106'531 million, an increase of 14.3% over the previous year.
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Source: SIX Swiss Exchange
WisdomTree launches three fixed income ETPs
December 12, 2017--WisdomTree, the exchange traded fund (ETF) and sponsor, has launched three Boost ETPs, offering investors inverse exposure to UK gilts, German bunds and US treasuries.
The products include the Boost Gilts 10Y 1x Short Daily ETP, as well as the Boost Bund 30Y 3x Short Daily ETP and the Boost US Treasuries 30Y 3x Short Daily ETP, both of which are market firsts in Europe.
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Source: ftseglobalmarkets.com
Tradeweb to operate as an OTF for MiFID II
December 12, 2017--Tradeweb will operate an organised trading facility (OTF) once MiFID II comes into effect following regulatory approval by the Financial Conduct Authority (FCA).
The move means Tradeweb can execute OTC derivatives trades and offer its clients more flexibility to choose the type of venue and execution method.
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Source: thetradenews.com