Global ETF News Older than One Year
CPMI and IOSCO begin first "Level 3" PFMI Principles assessment
July 9, 2015--The Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) announced today that they have started the first Level 3 assessment of the implementation of the Principles for financial market infrastructures (PFMI), the international standards for financial market infrastructures (FMIs).
This review will examine consistency in the outcomes of PFMI Principles implementation and is part of the CPMI-IOSCO's monitoring of full, timely and consistent implementation of the PFMI.
Source: IOSCO
Yen fuelled by China spillover fears
July 9, 2015--Speculative money likely to play a decisive role as carry trade unwinds.
Source: FT.com
Market turbulence worries Brics with volatile China, oil
July 9, 2015--The Brics group of developing nations, meeting in Russia to bolster ties, said they're disturbed by the turbulence that's roiled global markets from energy to stocks.
"We're concerned about instability in the markets, the high level of volatility in the prices of energy and raw materials, and the accumulation of sovereign debt of a number of major countries," Russian President Vladimir Putin said in the city of Ufa, in the east of Moscow.
Source: FIN24
Regulators on hook for China stock slide
July 9, 2015--What began at the weekend as a behind-the-scenes effort by China's undergunned markets regulator to reassure skittish investors has become an all-out push
by the Communist party to safeguard its 25-year experiment with capital markets reform.
Source: FT.com
Platinum shares hit multi-year lows
July 9, 2015--Platinum shares have hit multi-year and even decade's lows as the metal's spot price pursued a
relentless decline to new six-year lows, approaching the $1 000 (approx R12 500) level.
Source: FIN24
IMF: Bursting Chinese bubble 'no reason to lose confidence'
July 9, 2015-The International Monetary Fund says that there is no reason to lose faith in China's economy because of the bursting stock market bubble.
IMF chief economist Olivier Blanchard said that the 30% meltdown in the Shanghai and Shenzhen markets since mid-June is "very much a sideshow" to the greater economy and would not undermine growth overall.
Source: FIN24
BATS REPORTS U.S. OPTIONS MARKET SHARE OF 9.6%, THIRD-BEST MONTH ON RECORD
EDGX Options Scheduled to Launch November 2nd, Pending SEC Approval
July 8, 2015--BATS Global Markets today reported volume, market share, and monthly highlights,for its U.S. options business, including its third-best month on record in June with 9.6% market share, up from 3.9% one year ago.
The monthly market share record is 9.9%, set in April 2015.
Additional monthly highlights include:
The BATS BZX Options exchange set a new record in equity options market share, reporting 10.8% market share in June.
The BZX Options market remained the largest maker-taker pricing options exchange in June.
Source: BATS Global Markets, Inc.
Pimco Seeks Lending Role From Banks Hampered by New Regulations
July 8, 2015--Pacific Investment Management Co. head Douglas Hodge sees an opportunity to take business from banks by providing credit to the global economy, even as the company strives to avoid lenders' too-big-to-fail designation.
Global rules enacted to prevent another financial crisis have forced lenders to shrink their balance sheets, creating a need for credit in most of the world where about 80 percent of debt financing comes from banks, said Hodge, Pimco’s chief executive officer.
Source: Bloomberg
Global AUM in Short & Leveraged ETPs at record $63bn as investors reposition bullishly in equities and bearishly in bonds
July 8, 2015--The AUM of Short & Leveraged (S&L) ETPs reached a record $63 billion at the end of June 2015, a 2% rise YTD.
The growth was driven by S&L investors globally repositioning themselves bullishly in equities and bearishly in debt
S&L Equity ETPs saw $0.8 billion of net inflows as investors increased long positions in European and Japanese equities, while positions (long and short) in US equities were cut...
Source: Boost
OECD-Composite leading indicators continue to point to growth convergence in most major economies
July 8, 2015--Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, continue to point to growth convergence across most major economies and within the OECD.
The CLIs continue to point to firming growth in the Euro area1, including France and Italy, and to stable growth momentum in Germany, Japan and India. On the other hand, the CLIs point to easing growth in the United States, Canada, China as well as the United Kingdom, albeit from relatively high levels.
Source: OECD
