Global ETF News Older than One Year
NYSE Euronext Announces Trading Volumes for July 2012
Trading Volumes Decline Year-Over-Year on Lower Volatility
August 9, 2012--NYSE Euronext (NYX) today announced trading volumes for its global derivatives and cash equities exchanges for July 2012[1]. Trading volumes in July 2012 were down year-over-year and month-over-month across all primary trading venues.
Highlights
NYSE Euronext global derivatives ADV in July 2012 of 7.0 million contracts decreased 12.0% compared to July 2011 and decreased 15.8% from June 2012 levels.
NYSE Euronext European derivatives products ADV in July 2012 of 3.5 million contracts decreased 6.8% compared to July 2011 and decreased 24.7% from June 2012. Excluding Bclear, NYSE Liffe's trade administration and clearing service for OTC products, European derivatives products ADV decreased 9.9% compared to July 2011 and decreased 8.5% from June 2012 levels.
NYSE Euronext U.S. equity options ADV of 3.5 million contracts in July 2012 decreased 15.8% compared to July 2011 levels and decreased 3.8% from June 2012. NYSE Euronext’s U.S. options exchanges accounted for 25.9% of total U.S. consolidated equity options trading in July 2012, up from 25.8% in July 2011 and up from 25.6% in June 2012.
NYSE Liffe U.S. ADV of approximately 53,400 contracts decreased from 101,300 contracts in July 2011 and decreased from 90,900 contracts in June 2012. NYSE Euronext European cash products ADV of 1.5 million transactions in July 2012 decreased 10.8% compared to July 2011 and decreased 12.3% from June 2012 levels.
Source: NYSE Euronext
Macro Matters-Eurozone Issues Continue to Overshadow Global Economy
August 8, 2012--China
Cut in transaction fee boosts investor sentiment.
Despite no immediate stimulus policy was announced by central banks of Europe, China and US, Chinese stock market rose the most in five weeks, cut in transaction fees on share trading.
According to China Securities Regulatory Commission, the cut in transaction is would save investors US$94 million in the next four remaining months. The fee cut is expected to boost investor sentiment.
India
Markets disappointed by news from Europe.
The Indian stock market has experienced a turbulent week, mainly due to speculations around central banks’ measure.
The SENSEX rallied early last week with investors expecting global central banks to take measures to support growth. However, due to disappointing news from Europe and the US, the Indian market lost most of its weekly gain on last Friday.
Brazil
Auto sector: beneficiary of the stimulus package.
Last week markets saw slight correction after a rally on expectations of additional liquidity expansion.
The Brazilian Industrial Production presented weak performance in the first half of this year, with just two positive figures in February (1.2% month-on-month) and this June.
Russia
Better-than-expected GDP growth figures attract investors.
After a volatile month, equity markets rallied in the last week of July as policymakers around the globe pledged to defend the single currency euro.
Emerging markets slightly outperformed developed markets, gaining 1.3%, backed by rising commodity prices. Within emerging markets, Russia outperformed other countries.
Investors were attracted by Russia’s unexpected GDP growth of 4.9% in 1Q12, higher than other emerging countries. Consumption was also stronger- than- expected and 12% rally in oil price further supported the market.
Source: Source: Mirae Asset Financial Group
London, Singapore ripe for RMB ETFs
August 8, 2012--Offshore renminbi exchange traded funds are bound to proliferate, and not only in Hong Kong, Cerulli Associates predicts.
Currently, the market is limited to Hong Kong units of mainland managers, but Cerulli says in a new report that China’s dreams of internationalising the renminbi dictate inclusion of foreign managers beyond Hong Kong, likely starting with dim sum ETFs, or ETFs denominated and settled in renminbi.
Source: FT.com
DCGX Academy: US STIMULUS: No Immediate Steps but expresses concern : Brent up 7% on Month, WTI up 3%
August 8, 2012--August 8, 2012--HIGHLIGHTS
COMMODITIES
Oil Drops From Two-Month High in New York as U.S. Demand Slides
Copper Falls First Time in Four Days Amid China Slowdown Concern
CURRENCIES
USD Rises as no Stimulus see Immediately
INR Forecasts Cut on weak Monsoon - Growth at Risk
Job Openings in U.S. Rose in June to Four-Year High:
Fed's Rosengren Says 'Open-Ended' Easing Is Needed for Jobs
Pound Strengthens After Industrial Output Report; Gilts Decline
Asian Currencies Fluctuate Before Chinese Data, Policy Meetingsrequest more info
Source: DGCX Academy
FTSE announces changes to FTSE Italia Index Series
August 8, 2012--FTSE says the FTSE Italia Series, which includes the FTSE MIB, will be changed to use actual free float, rounded up to the nex 1%.
FTSE was the first index provider to introduce the principle of free float adjustments to its equity indices in 2000. Free float reduces a company’s weight in an index to take account of restricted holdings of the company’s shares, which are not freely available for market trading. Adjustment for restricted holdings provides a better representation of the investable universe since market turnover (and the liquidity of individual company securities) is closely related to the number of shares held by portfolio investors. The change will come into effect on September 24th this year.
Source: FTSE
Thomson Reuters Global Equities Monthly Market Share Data Reports-July 2012
August 7, 2012--Trading is fragmenting between exchanges and competing venues. But by how much and which venues? Find out in the summarised monthly reports.
Source: Thomson Reuters
BATS Global Markets Records 2nd Best U.S. Equities Monthly Market Share In July; U.S. Options, European Equities Continue Strong Growth
BATS Reports 12.3% U.S. Equities Market Share, Up From 11.1% a Year Ago; BATS Chi-X Europe Sets Monthly Market Share Records in Nordic and Portuguese Markets; U.S. Options Market Share Rises Sequentially to 3.6%
July 7, 2012--BATS Global Markets (BATS), a leading operator of securities markets in the U.S. and Europe, today reported U.S. equities market share of 12.3% in July,
the second-best monthly market share performance in the company's seven-year history, as well as numerous monthly records in Europe including the Nordic and Portuguese markets.
BATS Chi-X Europe remained the largest pan-European market by notional value traded in July, recording a second consecutive monthly market share record in the overall Nordic market with 26.1%, including individual records in Stockholm's OMXS30 (29.6%), Copenhagen's OMXC20 (21.8%), Oslo's OBX (21.1%) and Lisbon's PSI-20 (16.5%). Overall European market share reached 24.6%, up from 24.4% one year ago on a pro forma basis.
Source: BATS
Dow Jones-UBS Commodity Indexes July 2012 Commodities Commentary
Dow Jones-UBS Commodity Indexes Up As Drought Continues To Overshadow Other Factors
August 7, 2012--The Dow Jones-UBS Commodity Index was up 6.46% for the month of July as the impact from the worst drought conditions in approximately 60 years limited much of the agricultural crop output in the U.S. Midwest and largely overshadowed concerns about the resurgence of the EU debt crisis and a rise in the value of the U.S. dollar compared to most other trading partners of note.
Commodities tend follow an inverse relationship with the value of the dollar, as a stronger dollar means less buying power for global players in the market.
The United States Department of Agriculture (USDA) released data July 31 that showed the overall farm-price index—an index that monitors the prices received by farmers for sales including crops and livestock—posted an 11-point month-to-month increase during July.
The Dow Jones-UBS Single Commodity Indexes for corn, soybean meal and wheat had the strongest gains with month-end returns of 28.32%, 19.80% and 17.30%, respectively.
Source: Mondovisione
FEAS Monthly Newsletter-July 2012
August 7, 2012--ADX
The Middle East Investor Relations Society (ME-IR Society) announced today the launch of its Abu Dhabi Chapter, hosted at the Abu Dhabi Securities Exchange (ADX).
This is the sixth ME-IR Society Chapter launched this year so far, following initiatives launched in Qatar, Palestine, Kuwait, Dubai and Oman.
The Chapter will be chaired by the Head of Listed Companies at ADX; Mr. Saif Sayah Al Mansouri. The Chapter also includes representatives from companies listed on the ADX including Abu Dhabi Commercial Bank, Agthia, First Gulf Bank, National Bank of Abu Dhabi and TAQA. ME-IR Society Founding members of the informal board will include representatives from Bank of New York Mellon and Rothschild Group. The aim of the Chapter will be to work to improve the quality of investor relations practices in Abu Dhabi, to establish a solid networking platform and enhance the reputation, efficiency and attractiveness of both public and private firms in the Capital.
Source: FEAS
Regulator Says British Bank Helped Iran Hide Deals
August 6, 2012--Using its New York-based operations, a major British bank schemed with the Iranian government for nearly a decade to launder $250 billion, leaving the United States financial system vulnerable to terrorists and corrupt regimes, New York's top banking regulator charged on Monday.
The New York State Department of Financial Services accused Standard Chartered, which the agency called a “rogue institution,” of masking more than 60,000 transactions for Iranian banks and corporations, motivated by the millions of dollars it reaped in fees.
Source: NY Times
