Global ETF News Older than One Year
Total trading volume at Eurex Group at 2.3 billion contracts in 2012
Average daily volume in 2012 approximately 9.0 million contracts/ Eurex KOSPI Product, dividend and volatility derivatives with significant growth
January 2, 2013-- The international derivatives markets of Eurex Group ended 2012 with a turnover of approximately 2.3 billion contracts, compared with 2.8 billion in 2011.
The total volume for 2012 splits into 1.7 billion contracts traded at Eurex Exchange (2011: 2.0 billion) and 631.8 million contracts traded at the International Securities Exchange (ISE) (2011: 778.1 million). This corresponds to a daily average trading volume of 9.0 million contracts (2011: 11.1 million), thereof 6.5 million contracts at Eurex Exchange and 2.5 million contracts at ISE.
At Eurex Exchange, the equity index derivatives segment was the largest in 2012 with a total yearly volume of 765.6 million contracts (2011: 954.7 million). Derivatives on the EURO STOXX 50® index were the largest single product with 315.2 million futures and 280.6 million options. The equity derivatives segment (options and single stock futures) saw 411.0 million contracts (2011: 449.6 million). In 2012, the interest rate derivatives segment reached a total of 470.4 million contracts (2011: 630.4 million).
Source: Eurex
EPFR Global Fund Data News Release-Banner year for bond funds ends with a whimper
January 2, 2013--With the so-called fiscal cliff ahead and a year that saw many of the world's equity markets post double digit gains behind, investors hunkered down during the final days of 2012 with only Emerging Markets Equity Funds seeing significant amounts of new money.
EPFR Global-tracked Bond Funds, which averaged net inflows of $9 billion a week on their way to a new full year inflow record, took in only $981 million during the week ending December 26. Equity Funds absorbed $3.98 billion as retail investors again refused to chase gains, especially in developed markets.
Provisional full year totals, based on combined monthly, weekly and daily data, show a slew of bond fund groups setting new inflow records. They include US, High Yield, Emerging Markets, Mortgage Backed, Canada and Australia Bond Funds. Outside the fixed income universe, Mexico, Colombia and Philippines Equity, Long/Short, Derivatives, Real Estate and Healthcare/Biotechnology Sector and Dividend Equity Funds also posted record inflows while Canada, UK, France, Germany and Taiwan Equity Funds set new outflow marks.
As a quarter that saw fresh rounds of monetary stimulus from all of the world’s major central banks wound down, flows into several of the year’s hotter fund groups -- among them High Yield and Municipal Bond Funds -- were stumbling while commitments to fund groups associated with Developed Europe, emerging markets, real estate and China gained momentum.
Visit http://www.epfr.com for more info
Source: EPFR
Global Trends 2030: Alternative Worlds
December 31, 2012--On December 10, 2012 the Office of the Director of National Intelligence released the National Intelligence Council's (NIC) latest Global Trends report, Global Trends 2030: Alternative Worlds.
The Global Trends project engages expertise from outside government on factors of such as globalization, demography and the environment, producing a forward-looking document to aid policymakers in their long term planning on key issues of worldwide importance.
view the Global Trends 2030: Alternative-the National Intelligence Council
Source: Office of the Director of National Intelligence
STOXX Preliminary Index Report -2012 In Review
December 28, 2012--As of December 27, 2012 stock market indices in Europe, Asia, the U.S. and globally were up in 2012, according to preliminary data for the past year from global index provider STOXX Limited.
For the past year, the European, Asian, U.S. and global markets were up 14.75%, 10.19%, 10.02% and 11.35%, respectively. The full performance report is below.
Source: STOXX
NASDAQ Announces Mid-Month Open Short Interest Positions in NASDAQ Stocks as of Settlement Date December 14, 2012
December 28, 2012--At the end of the settlement date December 14, 2012, short interest in 2,156 NASDAQ Global MarketSM securities totaled 7,226,471,989 shares compared with 7,417,693,054 shares in 2,157 Global Market issues reported for the prior settlement date of November 30, 2012.
The mid-December short interest represents 4.32 days average daily NASDAQ Global Market share volume for the reporting period, compared with 4.53 days for the prior reporting period.
Short interest in 505 securities on The NASDAQ Capital MarketSM totaled 366,335,563 shares at the end of the settlement date of December 14, 2012 compared with 361,818,680 shares in 498 securities for the previous reporting period. This represents 5.47 days average daily volume, compared with the previous reporting period's figure of 5.74.
Source: NASDAQ OMX
MSCI Indices 2012 Performance Results
Global Equity Markets Rebound in 2012-Overcoming 2011 Losses
Global markets posted significant positive returns, largely in the double digits
Emerging Markets and the EMU showed strong relative performance
Small caps outpaced large and mid caps across most regions and countries
December 28, 2012--MSCI Inc., a leading provider of investment decision support tools worldwide, today published the year-to-date (YTD) 2012 performance of its MSCI Indices, revealing a vigorous rebound in global equity markets, following the global slowdown experienced in 2011.
Major financial markets worldwide showed healthy double digit returns across all size segments for 2012. The MSCI ACWI Investable Market Index (IMI), comprised of close to 9,000 large, mid and small cap securities across 24 Developed and 21 Emerging Markets countries, for example, delivered a 2012 YTD return of 13.45% versus a loss of -9.87% in 2011.
Source: MSCI
EPFR Global Fund Data News Release-Banner year for bond funds ends with a whimper
December 28, 2012--With the so-called fiscal cliff ahead and a year that saw many of the world's equity markets post double digit gains behind, investors hunkered down during the final days of 2012 with only Emerging Markets Equity Funds seeing significant amounts of new money.
EPFR Global-tracked Bond Funds, which averaged net inflows of $9 billion a week on their way to a new full year inflow record, took in only $419 million during the week ending December 26. Equity Funds absorbed $3.6 billion as retail investors again refused to chase gains, especially in developed markets.
Provisional full year totals, based on combined monthly, weekly and daily data, show a slew of bond fund groups setting new inflow records. They include US, High Yield, Emerging Markets, Mortgage Backed, Canada and Australia Bond Funds. Outside the fixed income universe, Mexico, Colombia and Philippines Equity, Long/Short, Derivatives, Real Estate and Healthcare/Biotechnology Sector and Dividend Equity Funds also posted record inflows while Canada, UK, France, Germany and Taiwan Equity Funds set new outflow marks.
As a quarter that saw fresh rounds of monetary stimulus from all of the world’s major central banks wound down, flows into several of the year’s hotter fund groups -- among them High Yield and Municipal Bond Funds -- were stumbling while commitments to fund groups associated with Developed Europe, emerging markets, real estate and China gained momentum.
Visit http://www.epfr.com for more info
Source: EPFR
Fourth FAQs on Basel III's counterparty credit risk and exposures to central counterparties
December 28, 2012--The Basel Committee on Banking Supervision today issued frequently asked questions (FAQs) on Basel III's counterparty credit risk rules and the interim framework for bank exposures to central counterparties (CCPs).
To promote consistent global implementation of those requirements, the Committee has agreed to periodically review frequently asked questions and publish answers along with any technical elaboration of the rules text and interpretative guidance that may be necessary.
view the Basel III counterparty credit risk and exposures to central counterparties-FAQ's
Source: BIS
WFE Urges International Regulatory Bodies to Modify Capital Standards for Exchange Traded Derivatives in Support of G20 Reforms
November 27, 2012--The World Federation of Exchanges (WFE), representing 59 publicly regulated stock, futures, and options exchanges and associated clearinghouses, today called on international regulatory bodies to modify capital standards to appropriately reflect the liquidity and efficiency of exchange traded derivative (ETD) markets.
In a letter to the Financial Stability Board and other policy organizations, WFE encouraged global standard setting bodies to demonstrate continued support for the G20 commitments to bring greater transparency and central clearing to derivative markets by ensuring that the costs of ETD markets are not unnecessarily increased.
The Basel Committee on Banking Supervision (BCBS) has issued an Interim Capital Standards proposal that “seeks to apply a blanket 5-day margin period or risk standard to highly liquid and transparent ETDs,” the WFE says in a letter from Hüseyin Erkan, Chief Executive Officer, and Jorge Alegria, Chairman of The International Options Markets Association (IOMA) which is the WFE’s global association of options and futures exchange leaders.
If adopted by the BCBS and implemented by national bank regulators, the 5-day capital standard would conflict with current margin standards for highly liquid ETDs, resulting in increasing costs for users of exchange-traded markets. “This may force exchange users (e.g. manufacturers, food producers, employee pension funds, and investors) to either discontinue critical hedging practices or move activity to the less transparent OTC derivative markets. Such outcomes would clearly undermine the G20 OTC market reform commitments,” the WFE letter states.
Source: World Federation of Exchanges (WFE)
2013 Global Manufacturing Competitiveness Index: CEOs see emerging nations surge as U.S., Germany and Japan face changing game
Talent continues to be key driver of manufacturing competitiveness
November 16, 2012--Over the next five years, 20th-century manufacturing stalwarts like the United States, Germany and Japan will be challenged to maintain their competitive edge to emerging nations such as China, India and Brazil, according to the 2013 Global Manufacturing Competitiveness Index report from Deloitte Touche Tohmatsu Limited's (DTTL) Global Manufacturing Industry group and the U.S. Council on Competitiveness.
The report confirms that the landscape for competitive manufacturing is in the midst of a massive power shift – based on an in-depth analysis of survey responses from more than 550 chief executive officers (CEOs) and senior leaders at manufacturing companies around the world.
view the 2013 Global Manufacturing Competitiveness Index
Source: Deloitte Touche
