New Fidelity International smart beta ETF launched on Xetra
December 1, 2017--A new exchange traded fund (ETF) issued by Fidelity International has been tradable on Xetra and Börse Frankfurt since Friday. The new smart beta ETF enables investors to participate in the performance of large and medium-sized stock corporations from industrialised countries, characterised by high-dividend yields and high quality.
The quality of a company is measured using various fundamental data, such as stable profits and cash flows. The ETF minimises the exchange rate risk between the US dollar and the euro.
Name: Fidelity Global Quality Income UCITS ETF-EUR Hedged
Asset class: equity index
ETF ISIN: IE00BYV1YH46
Ongoing charges p.a.: 0.45 percent
Distribution policy: accumulating
Reference index: Fidelity Global Quality Income Index
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Source: Deutsche Börse Cash Market
Euronext acquires 100 percent of Irish Stock Exchange in 'strategic' move
December 1, 2017--Pan-European exchange Euronext has announced its acquisition of 100 percent of the Irish Stock Exchange for €137 million ($162.48 million)
The transaction represents a move by the ISE to deepen ties with mainland Europe and an effort by Euronext to expand its revenue base and its position in debt and fund listings.
ISE Chief Executive Deirdre Somers said that she did not believe that the deal was focused on bridging Brexit uncertainties
Pan-European exchange Euronext has announced its acquisition of 100 percent of the Irish Stock Exchange (ISE) for €137 million ($162.48 million).
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Source: CNBC.com
Etixx Quick-Step team sponsor joins First Crypto ETF To Build Innovative Digital Asset Custody
December 1, 2017--The First Crypto ETF today announced it has entered into an agreement for an investment from janom, a private equity company based in Central Europe, to build a Digital Asset Custody.
Both parties have agreed not to disclose the amount of the investment. The Digital Asset Custody (DAC) will securely store all digital assets including cryptocurrencies managed by the First Crypto ETF fund but will also be sold as a standalone product.
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Source: coinwisdom.org
New ETF Listing on Euronext-LYXOR EMU MIN VAR
December 1, 2017--Euronext is pleased to announce that MULTI UNITS LUXEMBOURG will list 1 new ETF on 05/12/2017:
ISIN: LU1717044488
ETF Trading name: LYXOR EMU MIN VAR
ETF Symbol: MVMU
Venue: Euronext Paris
Underlying index: FTSE Dev Eurozone Min Var
TER(%): 0,2
more info
Source: Euronext
Deutsche Boerse-Cash markets achieved the highest turnover since March 2015 with 154.2 billion euros
December 1, 2017--Increase of 24 per cent year-on-year
With a turnover of €154.2 billion in November, Deutsche Börse cash markets achieved the highest turnover since March 2015 (November 2016: €124.7 billion).
Of the €154.2 billion, €138.0 billion were attributable to Xetra (November 2016: €113.3 billion). The average daily turnover on Xetra was thus €6.3 billion. Order book turnover on Börse Frankfurt totalled €4.7 billion (November 2016: €4.2 billion) and on Tradegate Exchange €11.4 billion (November 2016: €7.1 billion).
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Source: Deutsche Börse Cash Market
S&P Dow Jones Europe Index Dashboard
November 30, 2017--Summary
In a difficult month for European equities, the S&P Europe 350 fell 2.11%, erasing all the previous gains this quarter.
News of a breakdown in negotiations between German Chancellor Angela Merkel's Christian Democratic Union (CDU) party and the three other parties holding talks to form Germany's next coalition government added to the uncertainty.
The S&P United Kingdom declined 1.87% in November and the U.K. contributed most negatively to the S&P Europe 350.
The Russian economy has returned to modest growth-amidst positive global growth, a recovery in trade, rising oil prices, and growing macroeconomic stability-according to the World Bank's latest Russia Economic Report (no. 38 in the series), launched today in Moscow. view the World Bank Russia Economic Report no. 38 ECB-Economic growth is supporting financial stability but markets are vulnerable to a sudden increase in volatility The risk of a rapid repricing in global markets nevertheless remains. Continued compression of risk premia, subdued volatility and signs of increased risk-taking behavior in global financial markets are all sources of concern, as they may sow the seeds for large asset price corrections in the future. view the ECB-Financial Stability Review November 2017 If you are looking for a particuliar article and can not find it, please feel free to contact us
These shoots have allowed consumer demand and consumption to rise, as the business environment improved, and underpin projections that Russia's economy will grow 1.7% in both 2017 and 2018, and 1.8% in 2019.
Source: World Bank
November 29, 2017--Risks of a repricing of global risk premia remains significant
Bank profitability prospects still challenged by structural vulnerabilities
High private and public debt burdens could give rise to debt sustainability concerns in some countries
Financial stability risks partly mitigated by improved economic conditions
Systemic stress indicators for the euro area have remained low over the past six months, according to the latest Financial Stability Review of the European Central Bank. Better growth prospects as well as lower fiscal and external imbalances contributed to reduced systemic stress indicators for the euro area, , according to the biannual report published today.
Source: ECB