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


Eurozone private sector activity deteriorates

October 25, 2011--The real economy across the eurozone is suffering a painful contraction amid deep uncertainty over Europe's response to the debt crisis, analysts said Monday after the release of downbeat new data.

Private sector activity across the 17 states that share the single currency slid further in October, a deterioration highlighting the threat of recession, a closely-watched survey showed.

The survey of 4,500 eurozone companies indicated a second consecutive month of contraction amid weaker demand for goods and services, according to the Purchasing Managers Index (PMI) compiled by Markit research firm.

read more

Source: EU business


iShares launches global equity ETF offering emerging market exposure

October 25, 2011--iShares, the Exchange Traded Funds (ETF) platform of BlackRock, Inc, has launched the iShares MSCI ACWI (All Country World Index) ETF, offering exposure to companies from up to 45 developed and emerging markets.

Listed on the London Stock Exchange (LSE) today, the fund is physically replicating meaning it holds the underlying physical securities and aims to track the MSCI All Country World Index Net USD. The fund is optimised, holding a subset of the index constituents for efficient portfolio management.

read more

Source: ETF Express


Unscheduled free float adjustment in SDAX

Adjustment for Derby Cycle as of 28 October 2011
October 25, 2011--Deutsche Börse has announced an unscheduled adjustment to the free float of Derby Cycle AG O.N. in SDAX®. Due to the takeover of Derby Cycle AG O.N. by PON Holding Germany GmbH, the free float of the SDAX member altered by more than 10 percentage points.

According to the index rules, the company’s free float will be decreased from the current 69.68 percent to 35.33 percent.

The adjustment will become effective on Friday, 28 October 2011.

The next regular review of the Deutsche Börse equity indices is scheduled for 5 December 2011.

Source: Deutsche Börse


European Parliament-Global finance and its institutions need a facelift

October 25, 2011--In the run-up to the November G20 summit in Cannes, Parliament on Tuesday adopted its contribution to reviewing global economic governance by a large majority. The resolution calls for an overhaul of the IMF, primarily to make it a more political body, a halt to political meddling with exchange rates, and global rules to separate speculative banking activities from traditional retail ones. The G20 is also called upon to agree on the elements for a global financial transaction tax.

The resolution, drafted by Gunnar Hokmark (EPP, SV) also calls for stronger global financial regulation and supervision to close loopholes, and highlights the need to address existing imbalances between world economies so as to avoid further turbulence, something the G20 has so far struggled hard to do.

A political IMF

The resolution calls on the IMF to fulfil its growing role by becoming more legitimate, transparent and accountable. To this end, the resolution proposes that its managing director be elected through an "open and merit based" process and also calls for a fairer distribution of voting rights. Finally the text calls for a widening of the IMF's mandate, primarily to monitor single economies of systemic importance and not only cross-country surveillance.

More broadly, the resolution calls for better democratic accountability to be developed for the IMF, World Bank and the "G" formations, particularly the G20 and for all these financial institutions to coordinate their work better.

A financial sector of service to the economy

Among the various elements proposed for making the global financial sector safer and better controlled, the resolution advocates two crucial items. Firstly, it calls for the G20 to conclude discussions "without further ado" on the basic components of a global financial transaction tax. This call was backed by a large majority (594 in favour, 62 against, 3 abstentions).

read more

Source: European Parliament


Bankers fear political moves will kill off CDS

October 25, 2011--It has been blamed by politicians for causing the eurozone debt crisis and attacked as the favoured asset of “evil speculators”.

Now, politicians are seeking to take their revenge: not just with the recent introduction of bans on some trading of credit default swaps but also in their attempts to ensure that any haircut on Greek government bonds does not trigger a credit event.

read more

Source: FT.com


The Independent Commission on Banking: six weeks on1

October 24, 2011-Six weeks on from the publication of its final report, Angela Knight reminds policy makers that the ICB is a body that recommends, not a body that decides.

The BBA Chief Executive reviews ICB recommendations in a blog posted on the BBA website today. Her comments focus on the retail ring-fence and an increase in loss-absorbing capital and emphasise the real cost of these proposals to the economy, to banks and to customers.

read more

Source: BBA


Eurex completes migration to new data centre

Matching engine successfully migrated
October 24, 2011--The international derivatives exchange Eurex has completed the re-location of its active matching engines into a new single data centre.

With this step, Eurex achieved a further milestone of its technology roadmap. The active Eurex trading and clearing infrastructure is now located in the International Business Exchange (IBX) data centre of the international IT company Equinix Inc., a global provider of data centre services. Eurex and Equinix have already been offering the co-location solution Proximity Services since 2006.

As part of the migration, Eurex upgraded and replaced all of the matching engines with the latest high-performance hardware. As consequence, all Eurex members benefit from an increased throughput of the Eurex system.

Since Deutsche Börse had already moved the Xetra cash market in July 2011 the migration of the Eurex system enables Deutsche Börse Group to offer its clients co-location services for derivatives and cash markets from a single location. Clients also benefit from the fact that as one of the largest global providers of data centre services, Equinix bundles a large number of exchange-related service providers, including data vendors, under one roof. Moreover, through the linkage of many telecommunication providers, Eurex participants can choose the access to the Equinix data centre that is the most cost-effective for them.

Source: Eurex


Bank of England's Paul Tucker calls for reform of clearing houses

October 24, 2011--Laeders must agree on effective regimes to wind down the world's clearing houses in the event of collapse, or risk "mayhem" on financial markets, a Bank of England policymaker has warned.

Paul Tucker, a deputy governor of the Bank, said the issue needed attention because clearing houses had become centres of systemic risk in their own right, with potentially huge consequences in the event of failure.

Speaking at a European Commission conference in Belgium, he said: "There is a big gap in the regimes for central counterparties (CCPs).

"What happens if they go bust? I can tell you the simple answer: mayhem. As bad as, conceivably worse than, the failure of large and complex banks."

read more

Source: Telegraph


Europe pinpoints $150-billion hole in bank coffers

October 22, 2011--Europe identified Saturday a $150-billion hole in banks' cash buffers after warning lenders they faced massive hits on Greek debt under a new eurozone rescue plan.

Amid dire warnings that Europe's debt crisis threatens global recession, plans to recapitalise came after ministers put the squeeze on banks to accept write-downs of "at least 50 percent" to allow a new bailout for Athens to go ahead.

But a drive for the eurozone's wider rescue fund to tap into unlimited European Central Bank funds hit the rocks, as German Chancellor Angela Merkel and French President Nicolas Sarkozy flew in for crunch talks before back-to-back EU summits Sunday and Wednesday.

view more

Source: EUbusiness


Unification Of Securities Tickets On MICEX And RTS

October 21, 2011--On November 21, 2011 as a further step towards integration of cash equities markets of MICEX and RTS tickers of securities admitted to trading on both exchanges will be unified.

For this purpose 35 securities admitted to trading on MICEX Stock Exchange and RTS Stock Exchange will be assigned single tickers:

for 25 securities tickers assigned by MICEX will be replaced by the relevant tickers on RTS

for 8 securities tickers assigned by RTS will be changed for the relevant tickers on MICEX;

for 2 securities tickers used on MICEX and RTS will be discarded, and these securities will be assigned new tickers.

read more

Source: MICEX


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

Americas


June 30, 2025 Allspring Exchange-Traded Funds Trust files with the SEC
June 30, 2025 Northern Lights Fund Trust files with the SEC-Toews Agility Shares Hedged Equal Weight ETF and Toews Agility Shares Hedged-Qs ETF
June 30, 2025 Lazard Active ETF Trust files with the SEC-Lazard US Systematic Small Cap Equity ETF
June 30, 2025 WisdomTree Trust files with the SEC-WisdomTree Japan Opportunities Fund
June 30, 2025 J.P. Morgan Exchange-Traded Fund Trust files with the SEC-JPMorgan 100% U.S. Treasury Securities Money Market 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