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STOXX launches STOXX+ Global Max Traded 200 Index
September 4, 2012--STOXX Limited, the market-moving provider of innovative, tradable and global index concepts, today introduced the STOXX+ Global Max Traded 200 Index. The new index applies an advanced set of screens to ensure that only the largest and most frequently traded companies worldwide are included, while at the same time offering a wide global diversification.
The STOXX+ Global Max Traded 200 Index is geared towards active trading purposes and has been designed to act both as a proper benchmark for actively managed funds, and to underlie exchange-traded funds and other investable products.
“The STOXX+ Global Max Traded 200 Index is the newest addition to our suite of sophisticated index concepts which are branded STOXX+. The new index offers market participants an innovative and rules-based tool to participate from the performance of the 200 most traded companies worldwide,” said Hartmut Graf, chief executive officer, STOXX Limited. “By splitting the global equity market into three time zones and including a fixed number of companies from each of those, the index also ensures high global diversification.”
NYSE Euronext Monthly ETF Activity Report-August 2012
September 4, 2012--Listings
Quiet month-no new ETF listings in August
At end August, NYSE Euronext European markets had 676 listings of 587 ETFs from 16 issuers
Trading activity
Average daily value traded on-book in August of €191.7 million, down 16.4% MoM
Total value traded on-book amounted to €4.4 billion, down 24.6% YTD
Average of 5,627 on-book trades (single-counted) executed daily last month, a decrease of 61.6% vs August 2011, and down 9.3% MoM
Total of €521.2 million exchanged in block trades in August, down 29.7% from the €741.4 million in July
Overall, block trade volume represented 11.8% of total regulated market ETF trading activity on NYSE Euronext
Assets Under Management (AUM)
At the end of August 2012, the combined AUM of all ETFs listed on the NYSE Euronext European markets totalled €134.9 billion
Market Quality
Median spread for all listed ETFs of 28.1 bps, thanks to our high-capacity, low-latency technology, combined with the flow from client orders, competitive market makers and our 23 first-class Liquidity Providers.
view the August 2012 edition of the ETF Monthly Activity Report
Investors use bonds of medium-sized enterprises to diversify their portfolios
New study shows investment behaviour of private and institutional investors with regard to bonds issued by medium-sized companies
September 4, 2012--Private investors buying bonds issued by medium-sized companies make their own investing decisions.
This was one of the core findings of the latest study by Boerse Stuttgart, which was conducted jointly with audit and consulting company Deloitte and Münster University of Applied Sciences. The study shows that the majority of participants have many years of financial market experience. Both private and institutional investors buy bonds issued by medium-sized companies to diversify their portfolios.
The study profiles private investors who are familiar with bonds of medium-sized enterprises as an asset class. Of the persons surveyed, 58 percent have these debt instruments in their portfolios. Just over two-thirds, at 68 percent, have more than 10 years' capital market experience, and a further 17 percent have been active in the market for between five and ten years. Investors not availing of advice account for 78 percent of those surveyed. These investors obtain information about securities from the Internet and from specialist media, and make their own decisions on their portfolios. When choosing a financial instrument, investors take into account bond features as well as the issuing company’s characteristics and the composition of their portfolios. Jochen Wentzler, Partner in Corporate Finance at Deloitte, explained: “In addition to the issuer’s credit rating, the investors surveyed consider the decisive criteria for selection to be financial strength – in other words, the issuer’s profitability and equity base –, the business model and transparency in relation to the appropriation of the issue proceeds.”
ETF Stat July 2012--Borsa Italiana
September 4, 2012--The ETF Statistics of the ETF Plus Market for the month of July 2012 are now available.
Please be informed that, due to technical problems, the spread statistics are not available.
