Global ETF News Older than One Year
IG Group to launch ETF portfolios in partnership with BlackRock
July 16, 2015--IG Group clients to be offered a range of ETF-based investment portfolios constructed by IG Group using Model Portfolios from BlackRock
Launch aimed for 2016
IG Group, the online trading platform, will offer IG clients a range of exchange traded fund-based investment portfolios through IG Group's stockbroking platform. This is part of a wider offering from IG Group that includes stockbroking, contracts for difference (CFD) trading and spread betting.
Source: IG Group
BDs Increasing Protection Against Cyber Breaches, Survey Finds
Sutherland, FSI poll gauges BDs' cybersecurity policies
July 15, 2015--Thirty-two percent of broker-dealers polled in a just-released cybersecurity survey experienced a cybersecurity incident in 2013 or 2014,
with a large portion of them (86%) also stating they carry cyber-insurance and have policies covering costs related to cyber-incidents attributable to vendors.
Source: thinkadvisor.com
What The Mainstream Media Missed From The BRICS And SCO Summits
July 15, 2015--The Ufa Summits were so wildly successful that most media outlets couldn't keep track of everything that transpired.
The most widely known achievements to have come out of the BRICS and SCO Summits in Ufa are the BRICS New Development Bank and India and Pakistan's joint accession to the SCO, but that doesn't mean that they were the only takeaways.
Source: emergingequity.org
Bond Traders Face 'Million Dollar Question' on Global Growth Bet
July 14, 2015--What do bond traders know about the world economy that other investors are missing?
That's what's puzzling David Woo, head of global rates and currencies at Bank of America Corp. in New York.
Source: Bloomberg
China stock suspensions opens can of derivatives worms
July 14, 2015--Suspension of China stocks causes valuation problems-dealers
Standard derivatives terms may not apply to China circumstances
More than half of China stocks suspended during stock plunge
Could be wrangling over derivatives valuations--ISDA
The suspension of hundreds of mainland China stocks during a market plunge from mid-June could lead to disputes between banks and their clients over the valuation of billions of dollars of equity derivatives.
Source: Reuters
ISDA Publishes EMIR Classification Letter
July 14, 2015--The International Swaps and Derivatives Association, Inc. (ISDA) has published a new classification letter that will enable counterparties to notify each other of their status for clearing and other regulatory requirements under the European Market Infrastructure Regulation (EMIR).
Financial and non-financial counterparties are subject to a variety of regulatory obligations under EMIR, but the extent of compliance depends on their categorization under the EMIR taxonomy. The classification also determines whether and when the EMIR clearing obligation applies. The ISDA EMIR Classification Letter allows counterparties to bilaterally communicate their status by answering a series of questions.
Source: ISDA
Bond Traders Face 'Million Dollar Question' on Global Growth Bet
July 14, 2015--What do bond traders know about the world economy that other investors are missing?
That's what's puzzling David Woo, head of global rates and currencies at Bank of America Corp. in New York.
Source: Bloomberg
IMF-Global Implications of Lower Oil Prices
July 14, 2015--Summary: The sharp drop in oil prices is one of the most important global economic developments over the past year.
The SDN finds that (i) supply factors have played a somewhat larger role than demand factors in driving the oil price drop, (ii) a substantial part of the price decline is expected to persist into the medium term, although there is large uncertainty, (iii) lower oil prices will support global growth, (iv) the sharp oil price drop could still trigger financial strains, and (v) policy responses should depend on the terms-of-trade impact, fiscal and external vulnerabilities, and domestic cyclical position.
view the IMF-Global Implications of Lower Oil Prices
Source: IMF
Fund managers to escape 'wide spread' label
July 14, 2015--The globe's biggest fund managers have actually gotten away difficult brand-new guidelines that would certainly have struck their revenues and also flexibility,
due to the fact that worldwide guard dogs have actually made a decision not to treat them as dangers to monetary security whenever quickly.
Source: journalfocus.com
OPEC Monthly Oil Market Report July 2015
July 13, 2015--The outlook for the oil market in 2016.
The global GDP growth forecast for 2015 has been revised down to 3.2% from 3.3%. This, however, assumes a relatively higher growth rate in the second half, particularly after a weak first quarter.
In 2016, GDP growth is forecast to be higher at 3.5% (Graph 1). The OECD is forecast to expand by 2.1%, an increase from this year’s 2.0%. China is expected to slow to 6.5% from 6.9% in the current year, while India is forecast to reach higher growth at 7.7%, compared to 7.5% in 2015. Both Russia and Brazil are forecast to move out of recession.
Source: OPEC
