Consultation paper on indirect clearing under EMIR and MiFIR
November 5, 2015--ESMA has published the Consultation paper on indirect clearing under EMIR and MiFIR.
view the Consultation Paper-Indirect clearing arrangements under EMIR and MiFIR
Source: ESMA
European Commission-Autumn 2015 Economic Forecast: Moderate recovery despite challenges
November 5, 2015--The economic recovery in the euro area and the European Union as a whole is now in its third year. It should continue at a modest pace next year despite more challenging conditions in the global economy.
Against a backdrop of declining oil prices, accommodative monetary policy and a relatively weak external value of the euro, the economic recovery this year has been resilient and widespread across Member States. It has, however, remained slow.
The impact of the positive factors is fading, while new challenges are appearing, such as the slowdown in emerging market economies and global trade, and persisting geopolitical tensions. Backed by other factors, such as better employment performance supporting real disposable income, easier credit conditions, progress in financial deleveraging and higher investment, the pace of growth is expected to resist the challenges in 2016 and 2017. In some countries, the positive impact of structural reforms will also contribute to supporting growth further.
Overall, euro area real GDP is forecast to grow by 1.6% in 2015, rising to 1.8% in 2016 and 1.9% in 2017. For the EU as a whole, real GDP is expected to rise from 1.9% this year to 2.0% in 2016 and 2.1% in 2017.
view the European Economic Forecast-Autumn 2015
Source: European Commission
Four WisdomTree equity index ETFs launched on Xetra
ETFs track German, European and Japanese companies with weighting factor dividends
November 5, 2015-Four new exchange-listed index funds issued by WisdomTree have been tradable on Xetra and Börse Frankfurt since Thursday. The stock corporations in the reference indices are weighted according to dividend amount, with those paying a higher dividend weighted heavier.
The new WisdomTree Germany Equity UCITS ETF enables investors to participate in the performance of German stock corporations that generate at least 20 percent of their earnings outside Germany.
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Source: Deutsche Börse Cash Market:
Positive market reception for recently launched Euro-BONO- and Mini-DAX-Futures
November 4, 2015--The two Eurex Exchange futures contracts newly listed last week have already generated considerable trading volume in their first week of trading.
The Euro-BONO-Futures contract, launched on 26 October, has achieved an average daily volume of more than 1,000 contracts since its launch, in total 7,008 contracts
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Source: Eurex
UK official holdings of international reserves: October 2015
November 4, 2015--This monthly release shows details of movements in the UK's official holdings of international reserves, or assets. These consist of gold, foreign currency assets and International Monetary Fund assets.
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Source: HM Treasury
Turnover at Deutsche Borse's cash markets at 126.7 billion euros in October
November 2, 2015--November 2, 2015--Order book turnover on Xetra, Börse Frankfurt and Tradegate Exchange across all asset classes stood at €126.7 billion in October (October 2014: €141.2 billion).
Of the €126.7 billion, €117.1 billion were attributable to Xetra (October 2014: €132.0 billion). The average daily turnover on Xetra stood at €5.3 billion in October (October 2014: €6.0 billion). A turnover of €3.8 billion was attributable to Börse Frankfurt (October 2014: €4.8 billion).
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Source: Deutsche Börse Cash Market
New Source equity index ETF launched on Xetra
ETF offers access to US S&P 500 companies
November 2, 2015--A new equity index fund from the ETF offering issued by Source has been available on Xetra and the Börse Frankfurt venue since Monday. The ETF tracks the performance of the S&P 500 Index using a selection of companies comprised in it.
Name: Source S&P 500 UCITS ETF
Asset class: equity ETF
ISIN: DE000A141DW0
Total expense ratio: 0.05 percent
Distribution policy: accumulating
Benchmark: S&P 500 Index
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Source: Deutsche Börse Cash Market
IFAs call for more ETFs to be made available on investment platforms
November 2, 2015-- New research from Source, one of the largest providers of Exchange Traded Products (ETPs) in Europe, reveals that 82% of IFAs believe ETFs need to be more widely available on the investment platforms they use.
Some 28% say there should be a significant increase in the number of these products available on platforms to help the growth of the sector.
The findings reveal that 42% of IFAs believe their clients have no exposure to ETFs, and around 49% estimate between 1% and 10% is invested here. However, 34% of IFAs expect their clients to increase their exposure to ETFs over the next year, compared to just 4% who expects it to decline.
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Source: Source
Lira sinks vs dollar as Fed signals rate hike in Dec
October 29, 2015--Turkish lira weakened nearly 2 percent to 2.93 against the US dollar as US Federal Reserve (Fed) left the door open for a rate rise in December late on Wednesday.
Main stock exchange Borsa İstanbul slid 0.16 percent to 78.536 points.
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Source: Today's Zaman
Xetra-Gold records new high in gold holdings
60 ton mark exceeded for the first time
October 29, 2015--The gold held in custody by Deutsche Börse Commodities for the purpose of physically backing the Xetra-Gold bond rose to a record high of 60.3 tons last Wednesday, an increase of more than ten tons since the beginning of the year alone.
For each bond, exactly one gram of gold is deposited in the vaults. With a price of €33.94 (Xetra price on 29 October) per Xetra-Gold bond or one gram of gold, respectively, the current value of gold in custody is approximately €2 billion.
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Source: Deutsche Börse Commodities