BSE derivatives volumes exceed 1 billion contracts on its Deutsche Boerse T7 powered trading platform
May 28, 2015--BSE (formerly Bombay Stock Exchange) and Deutsche Börse today announced that the cumulative volume on BSE's derivatives markets since the launch of its new trading platform BOLT Plus-which is based on Deutsche BBörse's T7 trading technology-has surpassed the 1 billion traded contracts mark.
This milestone underlines BSE's competitive edge in terms of speed, transparency and reliability.
Source: Deutsche Börse
Is China backing the Yuan with gold?
The inconvenient truth about a gold-backed Yuan.
May 27, 2015--Over the last several years, there have been many stories about the rising Chinese economy and an increasing role for the Chinese currency on the world stage.
Some have gone so far as to predict that the Chinese yuan will take over the U.S. dollar as the world's reserve currency.
Source: MineWeb
UPDATE 1-Global lower rate environment harmful to investors-BlackRock CEO
May 27, 2015--Lowering interest rates around the world to boost the global economy has reached a point where it is now "quite harmful" to clients, including pension funds and insurers, BlackRock Inc Chairman and Chief Executive Officer Laurence Fink said on Wednesday.
The "low rate environment is having a profound impact on how they're going to operate," Fink said...
Source: Reuters
DGCX's MoU with Bank of China Seeks to Increase Interaction Be-tween UAE and Chinese Financial Markets.
May 27, 2015--The Dubai Gold & Commodities Exchange (DGCX) today announced the signing of a Memorandum of Understanding (MoU) with the Bank of China (BOC).
The agreement creates a framework for both institutions to work together to enhance interaction and collaboration between the derivatives and financial markets of the UAE and China.
Source: Dubai Gold & Commodities Exchange (DGCX)
Shanghai Stock Exchange, China Financial Futures Exchange and Deutsche Börse agree on joint venture
May 27, 2015--Shanghai Stock Exchange,, China Financial Futures Exchange and Deutsche Börse today agreed on a strategic cooperation to launch a joint venture. It has the objective to develop and to market financial instruments based on Chinese underlyings to international investors outside mainland China.
The venture is designed to support the internationalisation of the Chinese currency; therefore, products will be offered in Renminbi (RMB). The company will be named 'China Europe International Exchange' and will commence market operations in Q4 2015. The initial scope of product development will cover cash market products for market launch.
Source: Deutsche Börse
Six Financial Sector Challenges for Emerging and Developing Economies
May 27, 2015--The relatively weak economic growth outlook, particularly for emerging and developing economies (EMDE), provides an important backdrop for the financial challenges that some of them currently face.
Recently, financial volatility returned because of various concerns in the marketplace-including (just to name a few) shifting expectations of the shape of the Federal Reserve's exit path from ultra-low interest rates and the rapid strengthening of the US dollar; the launch of quantitative easing by the European Central Bank and its impact on inflation expectations and bond markets; low and volatile oil prices; China’s growth slowdown, additional stimulus and financial-sector challenges; the standoff between the new Greek government and its creditors; and continuing geopolitical turmoil.
Source: World Bank
2015 World Energy Trilemma Report: ambitious climate framework needed now, says energy sector
May 26, 2015--Global policy uncertainty is one of the biggest obstacles to gaining the $48-53 trillion of investment needed to address climate challenges.
Proactive engagement between climate negotiators and industry implementers will be essential to ensuring measures are deliverable and targeted.
view the World Energy Trilemma Priority actions on climate change and how to balance the trilemma
view the inforgraphic-2015 World Energy Trilemma Tackling policy uncertainty
Source: World Energy Council
The Simple Reason Why Everyone Wants New Corporate Bonds
(But not everyone can have them)
May 26, 2015--Wall Street investment managers are inevitably judged against a benchmark such as a broad index of stocks or bonds or a mix of the two.
Producing returns higher than the benchmark is the holy grail for investment managers who, after all, are paid for their investing expertise and ability to outperform. This outperformance is called alpha and everyone wants it.
Source: Bloomberg Business
How your peers view robo-advisers
Advisers' answers to big questions about robo-advice
May 26, 2015--In a study set to publish in the coming week, InvestmentNews Research, in partnership with BlackRock,
surveyed over 400 advisers with the goal of identifying what separates the largest, fastest-growing firms from their peers on a host of issues affecting their businesses today.
Source: Investment News
Beware of risks in frontier market and EM corporate debt, warns HSBC
May 26, 2015--Investors must tread cautiously when searching for yield in emerging market debt (EMD), HSBC Global Asset Management has cautioned.
While these strategies look very attractive in the low yield environment, senior fixed income product specialist Brian Dunnett warned that some carry great risks.
Source: professionalpensions.com