Deutsche Boerse has sold its remaining stake in Bats Global Markets
March 2, 2017--Deutsche Boerse has offloaded its remaining shareholding in Bats Global Markets.
It had sold one third of its stake in the Kansas-based stock exchange operator for $86m (£70m) in October, and said it had already realised a net income contribution of around €23m (£19.7m) from that. It expects the newest sale to boost earnings by €68m this quarter.
Source: cityam.com
One bitcoin is now worth more than one ounce of gold
March 2, 2017--For the first time ever, the price of one bitcoin has surpassed the price of one ounce of gold.
While today's swap can be attributed to a good day for bitcoin (up ~3%) and a bad day for gold (down ~1.3%), the big picture is that bitcoin has more than doubled in the last year (up ~185% from a year ago) while gold is essentially trading exactly at the price it was a year ago.
Source: techcrunch.com
IMF F&D Magazine Examines "Growth Conundrum"
March 2, 2017--In this issue:
Whither Economic Growth?
The global optimism at the turn of the century has been replaced by fear of long-term stagnation.
Rethinking GDP
It may be time to devise a new measure of economic welfare with fewer flaws
Why does economic growth matter?
view the IMF F&D Magazine Examines "Growth Conundrum"
Source: IMF
World Economic Forum-Shaping the Future of Construction: Inspiring innovators redefine the industry
March 1, 2017--3D-printed houses, automatically designed hospitals, prefabricated skyscrapers-futuristic dreams are now a reality, according to a new report from the World Economic Forum.
The report, Shaping the Future of Construction: Inspiring innovators redefine the industry, analyses ten innovation cases, and provides key success factors and policy recommendations to accelerate innovation in construction.
view the Shaping the Future of Construction Inspiring innovators redefine the industry report
Source: WEF (World Economic Forum)
Treatment of Qatar within FTSE Global Equity Index Series Update
March 1, 2017--Treatment of Qatar within FTSE Global Equity Index Series
Update
Further to the "Treatment of Qatar within FTSE Global Equity Index Series" notification released on
Friday, 17 February 2017, regarding the second 50% tranche of Qatar transitioning to Secondary
Emerging market status within FTSE Global Equity Index Series, please note that the following two Qatari
securities will not be doubling their current investability weight:
Aamal Company QSC (Sedol: B29VJZ5) will have an increased investability weight from 20% to 28% as the sum of restricted shareholders is more restrictive than the official foreign ownership limit
Qatari Investors Group QSC (Sedol: B1CFJN5) will retain an unchanged investability weight due to it failing the headroom test.
ource: ftse.com
2017 Ring the Bell for Gender Equality
March 1, 2017--In celebration of International Women's Day (8 March 2017), the Sustainable Stock Exchanges initiative is pleased to announce that 40 stock exchanges will host a bell ringing ceremony to raise awareness of the pivotal role the private sector can play in advancing gender equality to achieve the UN's SDG 5.
The events are organized with UN Women, Sustainable Stock Exchanges initiative, IF,, Women in ETFs and World Federation of Exchanges.
Source: Sustainable Stock Exchanges Initiative 2013
STOXX changes composition of benchmark indices
February 28, 2017--STOXX Ltd., the operator of Deutsche Boerse Group's index business, and a global provider of innovative and tradable index concepts, today announced the new composition of STOXX Benchmarks and their sub and sector indices, among them the STOXX Europe 600 Index, STOXX North America 600 Index and STOXX Asia/Pacific 600 Index.
Source: Deutsche Börse Group
BetaShares-Global Market Outlook: March 2017-Equities looking over extended
February 28, 2017--Global equities made gains in February with an improving economic outlook, however, once the details of President Trump's fiscal stimulus is clear, there may be a pull back.
Source: betashares.com.au
ETFGI reports assets invested in smart beta equity ETFs/ETPs listed globally reached a new record high US$534 billion at the end of January 2017
February 28, 2017--ETFGI, the leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, today reported assets invested in smart beta equity ETFs/ETPs listed in globally reached a new record high US$534 billion at the end of January 2017, according to data from ETFGI's January 2017 global smart beta equity ETF and ETP industry insights report.
Record levels of assets were reached at the end of January for equity smart beta ETFs/ETPs listed globally with US$534.06 Bn, in the United States with US$476.85 Bn, in Europe with US$36.82 Bn, in Canada with US$12.92 Bn and in Asia Pacific (ex-Japan) with US$4.73 Bn.
Source: ETFGI
Infographic- Is Short Selling Stocks Worth It?
February 28, 2017--When you go long, you are betting on that particular company's success. You are hoping that the market values the stock higher in the future than they do today. Then, when you sell your stake in the company, you'll realize those gains for a profit.
What is less intuitive is the practice of short selling-or betting against a specific stock or security. While the concept may seem simple at first glance, the actual mechanics behind it are much more complicated for an entry-level investor to understand.
Source: visualcapitalist.com