Global ETF News Older than One Year
IOSCO publishes Report on Post-Trade Transparency in the Credit Default Swaps Market
July 7, 2015--The International Organization of Securities Commissions (IOSCO) today published the final report Post-Trade Transparency in the Credit Default Swaps Market, which analyzes the potential impact of mandatory post-trade transparency in one particular over-the-counter (OTC) derivatives market: the credit default swaps (CDS) market.
In the report, IOSCO concludes that greater post-trade transparency in the CDS market-including making the price and volume of individual transactions publicly available-would be valuable to market participants and other market observers. IOSCO encourages each member jurisdiction to take steps toward enhancing post-trade transparency in its CDS market.
view the IOSCO Post-Trade Transparency in the Credit Default Swaps Market-Final Report
Source: IOSCO
BATS Reports Record U.S. Options Market Share in July; Equities Market Share Remains Strong in U.S. and Europe
Remains on Track to Launch Hotspot London Matching Engine in September,
Second U.S. Options Market in November
August 7, 2015--BATS Global Markets (BATS) today reported July data and highlights including record market share of 10.8% for its U.S. options business, surpassing the previous record of 9.9% set in April 2015.
In U.S. options, BATS set a one-day record of 2.47 million contracts traded on July 24 and also set a one-day market share record of 11.8% on July 21. In July, BATS Options recorded eight of its top ten days on record in terms of market share.
In U.S. equities, BATS reported market share of 21.0% in July, up from 20.3% one year ago. Average daily matched volume on the BATS Exchanges was 1.41 billion shares, up from 1.16 billion shares one year ago. BATS also remained the #1 U.S. market for exchange-traded fund (ETF) trading in July, executing 25.9% of all ETF volume.
Source: BATS Global Markets
Eurex: Trading statistics July 2015
ADV 5.9 million contracts, 39 percent growth year-on-year/ISE: ADV 2.6 million contracts, 21 percent growth year-on-year
August 3, 2016--In July 2015, the international derivatives markets of Eurex, part of Deutsche Börse Group, recorded an average daily volume of 8.5 million contracts (July 2014: 6.3 million).
Of those, 5.9 million were Eurex Exchange contracts (July 2014: 4.2 million), and 2.6 million contracts (July 2014: 2.1 million) were traded at the New York based International Securities Exchange (ISE). The volume traded on the spot and derivatives power markets of the European Energy Exchange (EEX) amounted to 209.9 terawatt hours (TWh) in July 2015 (July 2014: 179.4 TWh). Eurex Repo recorded in all markets in July 2015 an average outstanding volume of 158.2 billion euros.
Source: Eurex
CME Group and FTSE Russell to Offer Leading Index Derivatives
CME launching futures on the Russell 1000, Russell 1000 Growth,and Russell 1000 Value, FTSE 100, FTSE Emerging Market, FTSE Developed Europe and FTSE China 50 indexes by the end of Q4 2015
Russell 2000 futures will be traded at CME beginning Q3 2017
August 3, 2015--CME Group, the world's leading and most diverse derivatives marketplace, and FTSE Russell, a leading global index provider, announced that they have entered into a licensing agreement establishing CME Group as a global partner for futures, options on futures and OTC cleared products on FTSE Russell Indexes.
Source: FTSE.com
US and European banks present buying opportunity
August 3, 2015--US and European banks now present a buying opportunity as they are predicted to be among the biggest beneficiaries from rising interest rates and improving housing markets, according to Source research.
Source is one of the largest providers of Exchange Traded Products (ETPs) in Europe.
Source research see steepening yield curves are already benefiting banks, which outperformed their respective stock markets in both regions during Q2, the latest Source Sector Selector, a quarterly update, says. European banks are also benefiting from economic recovery in the Eurozone.
Source: Source
One in Four Fund Managers Believe it's "Highly Likely" they will Face Competition from New Entrants Within the Next Five Years, Says Research From State Street
July 30, 2015--State One in four (25 percent) senior asset management executives believe it's "highly likely" they will face direct competition from a non-traditional new entrant such as a technology or non-financial services company within the next five years, according to a report from State Street Corporation (NYSE: STT).
A further 54 percent believe this threat is "somewhat likely."
The findings are from a global survey* conducted by the FT Remark commissioned by State Street among 400 senior asset management executives for a new report entitled, "Opportunities for Optimism? A New Vision for Value in Asset Management."
view the Opportunities for Optimism? A New Vision for Value in Asset Management-Executive Summary
Source: State Street Corporation
IOSCO publishes review of the timeliness and frequency of disclosure to investors
July 30, 2015--The Board of the International Organization of Securities Commissions (IOSCO) today published its Thematic Review of the Implementation on the Timeliness and Frequency of Disclosure to Investors according to Principles 16 and 26 of the IOSCO Objectives and Principles of Securities Regulation.
The report sets out the findings of the Thematic Review about the timeliness and frequency of disclosure by issuers and collective investment schemes (CIS) under Principles 16 and 26 of IOSCO's Objectives and Principles of Securities Regulation (IOSCO Principles).
Source: IOSCO
BlackRock Announces Appointment of Gordon M. Nixon to Board of Directors
July 30, 2015--BlackRock, Inc. (NYSE:BLK) elected Gordon M. Nixon, former President, CEO, and Director of the Royal Bank of Canada ("RBC"), to the Company's Board of Directors. Mr. Nixon, who retired from RBC in August 2014, is scheduled to join the Board on October 6 as an independent director.
Laurence D. Fink, BlackRock Chairman and CEO, said, "With thirteen years at the helm of a leading global financial institution and one of Canada's largest public companies, Gordon brings invaluable expertise and perspective to BlackRock about the world at large and in-depth knowledge about the North American market.
Source: BlackRock, Inc.
Investors recognise advanced beta equity investing as a promising avenue
but call for caution on insufficient transparency and on the difficulties in implementing long/short strategies
July 30, 2015--In a new study produced as part of the Société Générale Prime Services (Newedge) research chair on "Advanced Modelling for Alternative Investments", EDHEC-Risk Institute attempts to give
an overall view on alternative equity beta strategies, to determine the areas of usage and to analyse the alternative equity beta practices and perceptions of investment professionals.
view the EDHEC Publication Alternative Equity Beta Investing: A Survey"
Source: EDHEC-Risk
FTSE Russell launches new ex-Coal Index Series
July 28, 2015--New indexes offer a further tool to manage carbon exposure
Complement existing FTSE All-World ex Fossil Fuels Index Series
FTSE Russell, the global index provider, today announces its new FTSE All-World ex Coal Index Series.
The suite of benchmarks will omit companies that have certain exposure to coal or general mining companies with proved and probable coal reserves. The new index series will assist market participants in managing their portfolio exposure linked to fossil fuels.
Source: FTSE
