Flow Traders NV: Flow Traders releases July 2016 ETP Market Volumes
August 22, 2016--Flow Traders N.V. ("Flow Traders") (Euronext: FLOW), today released the monthly ETP (Exchange Traded Products) Market data for the month of July 2016.
This refers to general market data only.
Source: Flow Traders
ETF take-up rockets as fund managers favour low-cost liquidity
August 21, 2016--Assets under management reach record highs as fund managers opt for the flexibility of exchange-traded funds.
Source: Financial News
2 US hedge funds & derivatives trader file class action vs 4 big Australian banks for rate rigging
August 19, 2016--The big 4 Australian banks are not yet off the hook for not passing in full the Reserve Bank of Australia (RBA) interest rate cut, and now, the lender as well as other banks are facing another lawsuit.
Two US hedge funds and a US-based derivatives trader filed a class action suit in New York for alleged losses they suffered trading derivatives contacts linked to the bank bill swap rate (BBSW).
Source: International Business Times
Water, Water (Not) Everywhere: the Imperative of Increasing Water Use Efficiency
August 18, 2016--STORY HIGHLIGHTS
Nearly 1.6 billion people live in countries with physical water scarcity-a figure that may double in the coming two decades.
As the potential for developing new sources of water diminishes, making more efficient use of water becomes essential to meeting future demand.
The World Bank works with countries around the world to help ensure water resources remain secure through water efficiency measures, including improved agricultural practices.
Source: World Bank
Grand Plans to Revive Chicago's Stock Exchange-From China
August 18, 2016--Political scrutiny has cast the spotlight on a bourse that clings to a small niche in the U.S. trading world.
A Chinese-led group of investors sees their takeover bid for the Chicago Stock Exchange as a way to reinvent the struggling venue as a bridge between U.S. and Chinese markets, and a Western listings outpost for Chinese firms.
Source: Wall Street Journal
BIS-International capital flows and financial vulnerabilities in emerging market economies: analysis and data gaps
August 18, 2016--This note analyses the exposure of emerging market economies to international capital flow risks, paying particular attention to vulnerabilities in the non-financial corporate sector.
It stresses the importance of studying the stocks of debt, gross rather than net flows, borrowers' nationality rather than location, and the currency denomination of debt. The note also offers methodological guidance for constructing measures of financial vulnerabilities and points to data gaps.
Source: BIS
FSB publishes further guidance on resolution planning and fifth report to the G20 on progress in resolution
August 18, 2016--The Financial Stability Board (FSB) published today two final guidance papers to assist the resolution planning work of authorities and firms, as part of the policy agenda to end "too-big-to-fail":
Guiding Principles on the Temporary Funding Needed to Support the Orderly Resolution of a Global Systemically Important Bank (G-SIB)-The guiding principles seek to address the risk of banks having insufficient liquidity to maintain critical operations during a resolution. They are intended to ensure that temporary funding is available to enable the effective resolution of G-SIBs without bail-out by the public sector. The guidance was issued for public consultation in November 2015 and has been revised in light of the comments received during that consultation.
Source: FSB.com
ETFGI reports assets invested in ETFs/ETPs listed globally reached a new record high of 3.343 trillion US dollars at the end of July 2016
August 18, 2016--ETFGI, the leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, today reported assets invested in ETFs/ETPs listed globally reached a new record high US$3.343 trillion at the end of July 2016.
Net flows gathered by ETFs/ETPs in July were strong with US$52.68 Bn of net new assets gathered during the month marking the 30th consecutive month of net inflows, according to preliminary data from ETFGI's July 2016 global ETF and ETP industry insights report.
Source: ETFGI
Harmonisation of the Unique Product Identifier (UPI)-second consultative report issued by CPMI-IOSCO
August 18, 2016--The Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) have today published for public comment a second consultative report on Harmonisation of the Unique Product Identifier (UPI).
view the Harmonisation of the Unique Product Identifier-second consultative report
Source: BIS
IOSCO consults on good practices for the termination of investment funds in an effort to increase investor protection
August 18, 2016--The Board of the International Organization of Securities Commissions today published a consultation report on Good Practices for the Termination of Investment Funds, which proposes a set of good practices on the voluntary termination process for investment funds.
IOSCO recognises the importance for investment funds to have termination procedures in place from an investor protection perspective. The decision to terminate an investment fund can have a significant impact on investors in terms of cost or their ability to redeem their holdings in a timely manner during the termination process.
view the consultation report on Good Practices for the Termination of Investment Funds
Source: IOSCO