Europe ETP News Older Than 1 year-If your looking for specific news, using the search function will narrow down the results


UK Official holdings of international reserves, August 2013

September 4, 2013--This monthly press notice shows details of movements in August in the UK's official holdings of international reserves, which consist of gold, foreign currency assets and International Monetary Fund assets.

These reserves are maintained primarily so that the UK Government's reserves could be used to intervene to support Sterling, or the Bank of England's reserves could be used to support the Bank's monetary policy objectives. If such interventions were to occur, then they would be shown and explained in this release. The Background note at the end of this release explains more about the reserves, and about these statistics. In summary this month’s release shows that, in August 2013:

No intervention operations were undertaken.

Movements in reserves and levels of reserves were as follows:

view the UK Official holdings of international reserves, August 2013

Source: HM Treasury


European Commission-New rules for Money Market Funds proposed-FAQs

September 4, 2013--1. What is a Money Market Fund?
A Money Market Fund (MMF) is a mutual fund that invests in short-term debt such as money market instruments issued by banks, governments or corporations. Money market instruments traditionally include treasury bills, commercial paper or certificates of deposit.

The above-mentioned financial instruments are eligible for an MMF as long as their residual maturity does not exceed 397 days (short-term MMF) or two years (standard MMF). MMFs can be denominated in any particular currency; those domiciled in Europe mostly invest in debt denominated in euro, pound sterling or US dollar.

What is a constant value MMF?
A constant net asset value (CNAV) MMF is a fund that, unlike other mutual funds, seeks to maintain a stable €1 per share when investors redeem or purchase shares. The net value of the assets held by an MMF can, however, fluctuate, and the market value of a share may therefore not always be exactly €1. To avoid a fluctuating share value, a CNAV MMF uses amortised costs to value its assets.

view more

Source: European Commission


Second estimate for the second quarter of 2013-Euro area GDP up by 0.3% and EU27 up by 0.4%

-0.5% and 0.0% respectively compared with the second quarter of 2012

September 4, 2013--GDP rose by 0.3% in the euro area1 (EA17) and by 0.4% in the EU271 during the second quarter of 2013, compared with the previous quarter, according to second estimates2 published by Eurostat, the statistical office of the European Union.

In the first quarter of 2013, growth rates were -0.2% and -0.1% respectively. Compared with the same quarter of the previous year, seasonally adjusted GDP fell by 0.5% in the euro area and remained stable in the EU27 in the second quarter of 2013, after -1.0% and -0.7% respectively in the previous quarter.

view more

Source:Eurostat


Europe ETP delistings continue amid trading slump

September 4, 2013--Providers of exchange-traded products delisted a host of products in Europe during August, as factors including the escalating conflict in Syria weighed on daily trading activity.

A total of 82 ETPs were delisted from European exchanges last month, according to consultancy ETFGI, taking the total number of delistings in Europe this year to 315.

view more

Source: Financial News


Osram Licht AG, Evonik Industries AG and RTL Group to be included in MDAX

Deutsche Börse reviews index composition/Changes are effective on 23 September 2013
September 4, 2013--On Wednesday Deutsche Börse decided on changes in its selection indices which will become effective on 23 September 2013.

The following changes will be made to MDAX: The shares of Osram Licht AG, Evonik Industries AG and RTL Group will be included in the index. The shares of BayWa AG, Puma SE and SGL Carbon will be deleted from the index.

view more

Source: Deutsche Börse


NYSE Euronext-New ETN Listing-FI Enhanced Europe 50 ETN

September 4, 2013--NYSE Euronext (NYSE:NYX) is pleased to announce that on Friday, September 06, 2013, the following ETN will be listed on NYSE Arca and will begin trading as a new issue:
Security Name: FI Enhanced Europe 50 ETN


Short Name: CS FI Enh Europe 50 ETN
CUSIP: 22542D100
Maturity Date: 9/10/2018
Trading Symbol:FIEU

view more

Source: NYSE Euronext


Trading volume at Boerse Stuttgart around EUR 6.5 billion in August

Increase in trading in securitised derivatives // investment fund units in high demand
September 3, 2013--Boerse Stuttgart generated turnover of around EUR 6.5 billion in August 2013, according to its order book statistics.

Trading volumes were slightly lower than in July. At more than EUR 3.1 billion, securitised derivatives accounted for the largest share of the turnover, up around 7 percent on the previous month. Turnover in investment products was up more than 8 percent to over EUR 1.9 billion. There was a particularly sharp increase in the trading volume of bonus certificates, which was up by more than 25 percent compared with July. Leverage products accounted for more than EUR 1.2 billion of the total August turnover.

view more

Source: Boerse Stuttgart


Shadow Banking-Addressing New Sources of Risk in the Financial Sector- European Commission

September 3, 2013--Introduction
Since the financial crisis began in 2007/2008, the European Commission has undertaken the biggest reform of financial services ever seen in Europe. The aim is to restore sustainable health and stability to this sector by addressing the shortcomings and weaknesses highlighted by the crisis.

The Commission's approach consists of tackling all financial risks, globally and comprehensively, and ensuring that the benefits achieved by strengthening certain actors and,markets are not diminished by financial risks moving to less highly regulated sectors. Such regulatory arbitrage would greatly undermine the impact of the reforms.

The Commission has therefore published a Green Paper on shadow banking in March 20121, with a view to gathering input on how best to tackle risks stemming from credit intermediation that involves entities and activities outside the regular banking system.

view more

Source: European Commission


Mark Walsh to join Credit Suisse EMEA leveraged finance & sponsors group

September 3, 2013--Mark Walsh will join Credit Suisse in November as a managing director in the EMEA leveraged finance and sponsors group, focusing on the corporate leveraged finance sector, according to sources.

He will report to Mathew Cestar and Didier Denat as co-heads of that group.

view more

Source: Leveragedloan.com


db x-trackers launches USD-hedged version of MSCI Japan Index UCITS ETF

September 3, 2013--A share class tracking the US dollar-hedged version of the db x-trackers MSCI Japan Index UCITS ETF is now available on the London Stock Exchange, helping to meet demand for hedged exposure to Japanese stocks.

The launch complements sterling and euro-hedged MSCI Japan exposures already available, which have been popular investments this year on the back of a rising Japanese stock market and weakening yen.

view more

Source: Welth Adviser


If you are looking for a particuliar article and can not find it, please feel free to contact us for assistace.

Americas


July 01, 2025 Natixis ETF Trust files with the SEC
July 01, 2025 Vanguard Malvern Funds files with the SEC-3 ETFs
July 01, 2025 Northern Lights Fund Trust files with the SEC-DF Tactical 30 ETF
July 01, 2025 BlackRock ETF Trust II files with the SEC-iShares Short Duration High Yield Muni Active ETF
July 01, 2025 Vanguard Fixed Income Securities Funds files with the SEC-Vanguard High-Yield Active ETF

read more news


Asia ETF News


June 25, 2025 QFIIs Gain Access to Onshore ETF Options As A-share Market Opening Deepens
June 18, 2025 Mirae Asset Global Investments Launches MIRAE ASSET TIGER CHINA GLOBAL LEADERS TOP3 PLUS ETF, Tracking Solactive-KEDI China Global Leaders TOP3Plus Index
June 13, 2025 Post-Adjustment ChiNext Index Attracts Global Assets with Low Valuation and High Growth Potential
June 13, 2025 Unlocking Consumption to Sustain Growth in China -World Bank Economic Update
June 13, 2025 US trading firm Virtu weighs foray into China market-making business

read more news


Global ETP News


June 14, 2025 Global Economic Prospects-Global Economy Faces Trade-Related Headwinds
June 12, 2025 Disclosing Public Debt Boosts Investor Confidence, Cuts Borrowing Costs 
June 10, 2025 Global Economy Set for Weakest Run Since 2008 Outside of Recessions
June 03, 2025 Trade Reckoning

read more news


Middle East ETP News


June 19, 2025 GCC: Growth on the Rise, but Smart Spending Will Shape a Thriving Future
June 16, 2025 Saudi Exchange leads market losses across the GCC

read more news


Africa ETF News


June 24, 2025 East Africa's regional 20 share index
June 16, 2025 African Credit Rating Agency to Launch September 2025
May 27, 2025 African Economic Outlook 2025-Africa's short-term outlook resilient despite global economic and political headwinds

read more news


ESG and Of Interest News


June 18, 2025 Global Energy Transition Gains Ground, but Security and Capital Challenges Persist
June 17, 2025 Pacific Economic Update: Slowing Growth Highlights Need for More Inclusive Workforce
June 10, 2025 Global Carbon Pricing Mobilizes Over $100 Billion for Public Budgets
June 07, 2025 Accelerating Blue Finance: Instruments, Case Studies, and Pathways to Scale
June 03, 2025 The Longevity Dividend

read more news


White Papers


May 30, 2025 IMF Working Paper-Interest Rate Sensitivity Scenarios to Guide Monetary Policy

view more white papers