BATS Sets Monthly Records in U.S. Options, Europe Trade Reporting;
May 7, 2015--BATS Global Markets (BATS) today reported April volume, market share, and monthly highlights including its best month on record for U.S. Options market share, 9.9%, and second-best month on record for U.S. equities market share, 21.2%.
BATS Options' April 2015 market share rose from 4.2% one year ago and surpassed the previous monthly market share record of 9.4% set in March 2015. Also in the U.S., BATS remained the #1 U.S. market for ETF trading in executing 26.3% of all ETF trading volume.
Why robo-advisors look set for malfunction
May 7, 2015--There has been a lot of noise about the provision of low-cost, automated strategic asset allocation portfolios to retail clients
But the economics doesn't add up, says Morningstar.
-the growing attraction of low-cost index tracking funds and the management troubles at Pimco.
Source: FT.com
Pimco vs Vanguard: numbers tell the story
-the growing attraction of low-cost index tracking funds and the management troubles at Pimco.
Source: FT.com
China share in global indices set to rise
Come June, the International Monetary Fund will probably decide to include the Chinese renminbi in its special drawing rights (SDR).
Source: FT.com
BATS Files Exclusive Listings Proposal
Under the proposal, to be implemented at the company's discretion, the BATS exchanges would no longer offer trading in thinly-traded stocks that maintain a primary listing on other U.S. stock exchanges.
Source: BATS Global Markets
DB-Synthetic Equity & Index Strategy-Global-The Flow Whisperer-TAARSS says prefer Intl DM and EM equities in May
TAARSS rotation strategy monthly performance review
The monthly equity regional and market, and the commodity sector TAARSS rotations recorded the best results of our model for the month of April.
Tactical positioning for May 2015 based on TAARSS
Source: Deutsche Bank-Synthetic Equity & Index Strategy-Global
Experts see trouble ahead from MiFID II
reduced investment performance and a potential move to more in-house management by asset owners, industry analysts said.
May 5, 2015--The changing of the guard among bond funds, as Vanguard surpasses Pimco as the manager of the world's largest fund, has its roots in two places
May 5, 2015--Renminbi's growing international stature will draw assets.
Seeks to Improve Investors' Trading Experience in Thinly-Traded Securities
May 5, 2015--BATS Global Markets (BATS), a leading global operator of exchanges and services for financial markets, today filed the "BATS Exclusive Listings Proposal" with the Securities and Exchange Commission, seeking to improve investors' trading experience in thinly-traded securities.
May 4, 2015--Tactical Asset Allocation Relative Strength Signal (TAARSS) Monthly Update
Top recommendations for May: Intl DM, EM, Hong Kong, and Indian equities, and Energy Commodity.
Market review
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Risky assets had a good month in April with Global equities (ACWI) and Commodities (DBC) advancing by 2.9% and 7.1%, respectively. While US bonds (AGG) edged slightly lower by 0.3%.
This month in global equity markets prefer Intl DM and EM, and stay neutral to the US. Region wise prefer Europe and Asia Pacific, with some Latin America exposure, while keeping a minimal allocation to North America. In US equities prefer Small and Mid caps over Large caps. Sector wise Defensives ex Utilities present the best support in the US, especially Telecom. Domestic Cyclicals are experiencing some selling pressure. In Intl DM countries prefer Hong Kong, Japan, and Germany. Within EM countries, most of them experienced positive support with India continuing to show strong investment demand support despite its second month of performance setback; in addition, China, Mexico, and Russia also exhibited some noteworthy support. In Fixed Income we did not see any notable flow trend readings. Within commodities, we saw some positive developments for energy. See Figure 13 and Figure 14 for full allocation details for the month of May.
Rules for non-equity trading could wind up pinching asset owners
May 4, 2015--European market regulators' efforts to apply equity templates to trading in other asset classes will be felt by U.S. money managers and asset owners through higher trading costs,If you are looking for a particuliar article and can not find it, please feel free to contact us for assistace.