Global ETF News Older than One Year
BATS Global Markets Sets U.S. Equities, Options October Market Share Records; Europe Has Best Month of 2014
21.4% U.S. Equities Market Share; 6.5% U.S. Options Market Share; 22.3% European Equities Market Share
November 3, 2014--BATS Global Markets (BATS) today reported October highlights including new monthly market share records of 21.4% in U.S. equities and 6.5% in U.S. options.
The previous record for U.S. equities was 20.7% in April 2014 and the previous options record was 5.8% in September 2014. October marked the third consecutive month of record market share for BATS Options.
In Europe, BATS reported 22.3% market share, its strongest month in 2014. Notably, total average daily notional value traded was 45.4% higher than in October 2013. Separately, more than €368.0bn was reported to BXTR, the exchange's trade reporting facility.
Source: BATS
Average daily volume of 9.9 million contracts at Eurex Group in October
Volatility and dividend derivatives segments with new monthly volume records
November 3, 2014--In October 2014, the international derivatives markets of Eurex Group recorded an average daily volume of 9.9 million contracts (October 2013: 7.9 million). Of those, 6.6 million were Eurex Exchange contracts (October 2013: 5.1 million), and 3.3 million contracts (October 2013: 2.8 million) were traded at the U.S.-based International Securities Exchange (ISE). In total, 152.7 million contracts were traded at Eurex Exchange and 80.0 million at ISE.
At Eurex Exchange, the equity index derivatives segment totaled 86.4 million contracts (October 2013: 52.9 million). The future on the EURO STOXX 50 Index recorded 34.7 million contracts, the options on this blue chip index totaled 32.4 million contracts. Futures on the DAX index recorded 3.5 million contracts while the DAX options reached another 5.8 million contracts. The Eurex KOSPI Product totaled around 2.6 million contracts.
Source: Eurex
SPDR Weekly Market Report
October 31, 2014--ECONOMIES: The Fed ends asset purchases while the Bank of Japan accelerates them. GDP rises solidly in the US but slips in Canada.
Housing cools in the UK. Inflation may be stabilizing in the Eurozone. Industrial production jumps in Japan. Credit growth accelerates
in Australia.
MARKETS: Risk appetites continue to revive. Equities are broadly higher. G7 government bonds are mixed. USD is generally stronger.
JPY weakens on BoJ easing. Oil and gold prices fall.
NEXT WEEK PREVIEWED
SPOTLIGHT: The Reserve Bank of Australia and the Bank of England should leave administered rates unchanged. The European Central
Bank likely stays the course with its policy accommodation. Employment is expected to rise solidly in the US
THE WEEK IN REVIEW
US
While the ending of asset purchases was entirely as anticipated, the new policy statement of the FEDERAL RESERVE'S
FEDERAL OPEN MARKET COMMITTEE was generally regarded as
more hawkish than its predecessor, leading to a (slight) sell-off
in stocks and bonds and rally in the dollar.
Source: SSgA
DECPG Weekly Economic Brief--Oct. 31, 2014
October 31, 2014--As of October 27, 2014 the total number of Ebola cases was 13,703, with 4,922 deaths. Beyond the terrible toll in human lives, the Ebola outbreak is already having a measurable economic impact on the entire West Africa region.
The number of new cases has been increasing exponentially and current efforts might not yet be sufficient to slow the spread of the epidemic.
A total of 13,703 Ebola cases have been reported in the six affected countries (Guinea, Liberia, Mali, Sierra Leone, Spain and the U.S.) and previously affected countries (Senegal and Nigeria) up to October 27, 2014.
Source: World Bank
Recovery of financial market infrastructures, final report issued by CPMI-IOSCO
October 31, 2014--On Ocyober 15, 20144, The Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) published a report entitled Recovery of financial market infrastructures.
The report provides guidance to financial market infrastructures (FMIs) such as central counterparties (CCPs) on how to develop plans to enable them to recover from threats to their viability and financial strength that might prevent them from continuing to provide critical services to their participants and the markets they serve.
It also provides guidance to relevant authorities in carrying out their responsibilities associated with the development and implementation of recovery plans.
view the Recovery of financial market infrastructures- final report
Source: BIS
First China Onshore Public Index Fund Tracks FTSE China A50
Fund managed by CR Yuanta
Reinforces FTSE's leading position in China-focused benchmarks
October 31, 2014--FTSE Group ("FTSE"), the global index provider, announced today that the FTSE China A50 Index has been selected by CR Yuanta Fund Management ("CR Yuanta") as the benchmark for the first China onshore public index fund.
The new onshore fund will provide institutional investors with a tool to invest in the largest 50 'A' Share companies listed on the Shanghai and Shenzhen stock exchanges. With a strong track record of developing China-focused benchmarks, FTSE is seen as the leading international index provider in the region, offering a range of products for global and domestic participants. In July 2014, ETF assets under management (AUM) tracking FTSE China indices reached over $20 billion for the first time.
More information on FTSE China indices could be found on: http://www.ftse.com/products/indices/china
Source: FTSE
FSB Publishes Global Shadow Banking Monitoring Report 2014
October 30, 2014-- The Financial Stability Board (FSB) is publishing today its fourth annual Global Shadow Banking Monitoring Report. The report presents data as of end-2013 from 25 jurisdictions and the euro area as a whole, covering about 80% of global GDP and 90% of global financial system assets.
The main findings from the report are as follows:
The broadest measure, referred to as the Monitoring Universe of Non-Bank Financial Intermediation (MUNFI), grew by $5 trillion in 2013 to reach $75 trillion. This measure is based on the financial assets of Other Financial Intermediaries (OFIs) and captures all non-bank financial intermediation where shadow banking-related risks to the financial system might potentially arise.
Globally, MUNFI assets represent on average about 25% of total financial assets, roughly half of banking system assets, and 120% of GDP. These ratios have been relatively stable since 2008.
MUNFI assets grew by 7% in 2013 (adjusted for foreign exchange movements), driven in part by a general increase in valuation of global financial markets. In contrast total bank assets were relatively stable. Within the headline global growth figure of MUNFI assets exists considerable differences across jurisdictions and entities.
view the report-Global Shadow Banking Monitoring Report 2014
Source: FSB
Amid Geopolitical Instability, the Middle East and North Africa Continues Regulatory Reform, Yet Challenges Persist
October 29, 2014--A new World Bank Group report finds that amid unrest in the Middle East and North Africa, local entrepreneurs faced challenging circumstances in the past year. While several economies improved the business environment for local firms-such as the United Arab Emirates, among this year's 10 top global improvers-the pace of regulatory reform in the region was comparatively slow.
Released today, Doing Business 2015: Going Beyond Efficiency finds that 11 economies in the Middle East and North Africa reformed in at least one area tracked by the report in 2013/14: Algeria, Bahrain, Djibouti, the Arab Republic of Egypt, the Islamic Republic of Iran, Jordan, Malta, Morocco, Tunisia, the United Arab Emirates, and West Bank and Gaza. With 55 percent of the region's economies reforming business regulations-compared with 60 percent in East Asia and the Pacific and 74 percent in Sub-Saharan Africa-the scope of business regulatory reforms remained narrow. The reforms did not span all areas measured by Doing Business, such as enforcing contracts and resolving insolvency.
view the Doing Business 2015 Going Beyond Efficiency report
Source:World Bank
Nasdaq and Shenzhen Stock Exchange Sign MOU
October 29, 2014--Nasdaq (Nasdaq:NDAQ) and Shenzhen Stock Exchange (SZSE) signed a memorandum of understanding (MOU) at the World Federation of Exchanges' annual General Assembly to strengthen cooperation and promote mutual development between the two exchange companies.
SZSE's Chairman, as well as Nasdaq's Vice Chairman Sandy Frucher and Executive Vice President and Head of Market Technology Lars Ottersgård were present at the signing ceremony.
Source: NASDAQ.com
WEF-2095: The Year of Gender Equality in the Workplace, Maybe
Nine years of the Global Gender Gap Report suggests we'll have to wait 81 years for gender parity in the workplace
Overall gains in gender equality worldwide since 2006 are offset by reversals in a small number of countries
Nordic nations dominate the Global Gender Gap Index in 2014; Nicaragua, Rwanda and the Philippines all make the top 10
October 28, 2014--In nine years of measuring the global gender gap, the world has seen only a small improvement in equality for women in the workplace. According to the Global Gender Gap Report 2014, launched today, the gender gap for economic participation and opportunity now stands at 60% worldwide, having closed by 4% from 56% in 2006 when the Forum first started measuring it.
Based on this trajectory, with all else remaining equal, it will take 81 years for the world to close this gap completely.
The ninth edition of the report finds that, among the 142 countries measured, the gender gap is narrowest in terms of health and survival. This gap stands at 96% globally, with 35 countries having closed the gap entirely. This includes three countries that have closed the gap in the past 12 months. The educational attainment gap is the next narrowest, standing at 94% globally.
Source: World Economic Forum (WEF)
