Global ETF News Older than One Year
Dow Jones Indexes To Add Banco Santander Brasil S.A. To Dow Jones BRIC 50 DR Index
Thailand's Total Access Communication PCL To Join Dow Jones Emerging Markets Telecommunications Titans 30 Index
Telefonica Brasil S.A. Added To
Dow Jones Emerging Markets Sector Titans Composite 100 Index
CPFL Eenergia S.A. Selected To Dow Jones Brazil Titans 20 ADR Index
April 3, 2012--The sale of Brazil's Tele Norte Leste Participacoes S.A. to Oi S.A. of Brazil has prompted Tele Norte Leste Participacoes to be removed from four of Dow Jones Indexes' market gauges.
Dow Jones Indexes, a global index provider, today announced that Tele Norte Leste Participacoes will be removed from:
the Dow Jones BRIC 50 DR Index and replaced by Banco Santander Brasil S.A. ADS;
the Dow Jones Emerging Markets Telecommunications Titans 30 Index and replaced by Total Access Communication Public Company Limited;
the Dow Jones Emerging Markets Sector Titans Composite 100 Index and replaced by Telefonica Brasil S.A. ADS; and
Source: Dow Jones Indexes
OECD annual inflation rate remains stable at 2.8% in February 2012
April 3, 2012--OECD area annual inflation was stable at 2.8% in the year to February, with diverging and offsetting movements in energy and food price inflation.
Energy prices accelerated to 7.9% in the year to February, up from 7.4% in January, while food price inflation slowed to 3.9% in the year to February, down from 4.3% in January.
Source: OECD
ETF sector agrees with ASIC report
April 2, 2012--Education is key to market confidence
April 2, 2012--providers have responded in favour of the corporate regulator's sector report.
Three of the largest Exchange Traded Fund (ETF) issuers have welcomed ASIC's report on the $4.3 billion sector, saying it will lift investor confidence.
State Street Global Advisors Asia Pacific head of SPDR ETFs Frank Henze said the emphasis on education was timely.
Source: Investor Daily
Europe's investors to feel pain of rising regulation costs
Firms wrestle with barrage of rules on how they manage money
Complying with changes is proving expensive
European sector may shrink to handful of huge players
EU is assessing impact but few expect slowdown or rethink
April 2, 2012--A raft of un-coordinated reforms demanded by the United States, the European Union and Britain threatens to
shrink Europe's investment industry to a handful of huge players, denting a campaign for lower fund fees and squeezing investor choice.
After surviving huge outflows triggered by the financial crisis, fund managers are wrestling with a barrage of new rules dictating how they attract, manage and earn money
Source: Reuters
STOXX MONTHLY INDEX REPORT-MARCH 2012 IN REVIEW
April 2, 2012--As of March 30, 2012 stock market indices in Europe, Asia, the U.S. and globally were up and down in March, according to global index provider STOXX Limited.
For the month of March, the Europe, Asia, U.S. and global markets were down -1.35% and -1.32%; and up 2.52% and 0.64%, respectively.
Source: Stoxx
ETFS Precious Metals Weekly: Futures Investors Turn Bullish Gold as Bernanke Hints at Further Easing, Palladium ETP Holdings Hit 6-Mth High
April 2, 2012--Gold price halts slide as Bernanke comments indicate potential QE3, and futures net speculative longs surge 15% from lows. While Bernanke's comments last week highlighting the
possibility that the US employment improvement may be temporary
boosted investor confidence that the Fed will keep interest rates
lower for longer and that some form of quantitative easing may still be on the cards, it was not enough to sustainably boost the gold price or turn net ETP selling into buying. Continued improvements in US economic data and the resulting rise in interest rate expectations and the US dollar remain headwinds to near-term gold price outperformance. However, the medium-term outlook remains constructive for gold with historically low interest rates, abundant global liquidity, inflation risks from persistently elevated oil prices and now questions about the sustainability of recent US employment improvements likely to be supportive of longer term gold price gains.
While ETP investors remained net sellers last week, futures investors appeared to take Bernanke’s comments to heart, with speculative net long positions on COMEX bouncing 15% off their 3-month low last week.
India’s jeweller strike enters third week, weighing on gold physical demand. Indian jewellers have continued their strike, protesting the doubling of government excise duties on imported gold from 2% to 4%. While the government has remained largely silent on the matter, trade groups appear unwilling to budge either, with the Bombay Bullion Market Association (BBMA) indicating that if ‘the excise duty is corrected, trade will be happy’. While the strike could be quite protracted, the BBMA noted it would not be ‘indefinite’ and would not hinder the gold accumulation ahead of the Indian wedding season in the fourth quarter.
Global palladium ETP holdings rise to 6-month high. ETP investors continue to increase their exposures to palladium, with global palladium ETP holdings reaching their highest level since early October 2011. The combination of continued broad US economic recovery, improving US auto sales (March sales estimated to remain in double-digits), continued strong China auto demand growth and signs Japan’s auto sector is recovering from last year’s tsunami, have kept investor interest in palladium ETPs strong. Platinum ETPs have also seen increased investor interest recently, but palladium’s greater exposure to the gasoline dominated markets of the US and China appears to be causing investors to build larger exposures to palladium.
visit www.etfsecurities.com for more info
Source: ETF Securities
Markit acquires Data Explorers
April 2, 2012--Markit has today acquired Data Explorers, a leading provider of global securities lending data tracking short selling and institutional fund activity across all global market sectors.
Established in 2002, Data Explorers’ data and analytics help clients identify investment opportunities, measure performance and manage risk. With content sourced directly from market participants including prime brokers, custodians, asset managers and hedge funds, Data Explorers has built a unique data set of more than 3 million intraday transactions, covering $12 trillion of securities in the lending programmes of over 20,000 institutional funds.
Source: Markit
Average daily volume of 10.1 million contracts at Eurex Group in March
April 2, 2012--In March 2012, the international derivatives exchanges of Eurex Group recorded an average daily volume of 10.1 million contracts (March 2011: 11.8 million).
Of those, 7.4 million were Eurex Exchange contracts (March 2011: 8.7 million), and 2.7 million contracts (March 2011: 3.1 million) were traded at the U.S.-based International Securities Exchange (ISE). In total, 163.1 million contracts were traded at Eurex Exchange and 58.9 million at the ISE.
In its largest segment – equity index derivatives – Eurex Exchange achieved 79.7 million contracts (March 2011: 97.2 million), of these 42.8 million were index futures and 36.9 million were index options. Futures on the EURO STOXX 50 Index stood at 34.7 million contracts and 27.7 million on the index options. Futures on the DAX index totaled 3.8 million contracts while the DAX options reached another 4.9 million contracts. The Eurex KOPSI Product recorded approximately 2.7 million contracts, an ADV of more than 121,000 contracts.
Source: Eurex
OCC Announces Cleared Contract Volume Declined 10% in March while Securities Lending Volume Rose 18%
April 2, 2012--OCC announced that cleared contract volume reached 379,763,970 contracts in March, representing a 10 percent decrease from the March 2011 volume of 421,466,054 contracts.
OCC ended the first quarter with total volume reaching 1,068,689,268 contracts, exceeding 1 billion contracts in the first quarter for the second time in history.
Options: Exchange-listed options trading volume reached 376,246,042 contracts in March, a 10 percent decrease from March 2011. Average daily options trading volume in March was 17,102,093 contracts, 6 percent lower than the 18,138,634 contracts in March of last year. Year-to-date options trading volume is down 8 percent from 2011 with 1,061,109,209 contracts.
Futures: Futures cleared by OCC reached 3,517,928 contracts in March, down 18 percent from 2011. Equity futures came in at 688,098 contracts this month, up 44 percent from 2011. Index and other futures reached 2,829,735 contracts, down 25 percent from 2011. OCC is averaging 122,259 cleared futures contracts per day in 2012.
Source: OCC
Bats Pushes Derivatives, New Markets as It Reviews IPO
April 1, 2012--Bats Global Markets Inc. (BATS) will offer derivatives trading in Europe and push growth in markets such as Brazil as the third-largest U.S. equity-exchange operator seeks to re-establish credibility after a technical glitch forced it to cancel its initial public offering.
Bats, which also runs the biggest pan-European market after its purchase of Chi-X Europe, could trade derivatives in London as soon as the fourth quarter, Mark Hemsley, chief executive officer of Bats Chi-X Europe, said in an interview. The Lenexa, Kansas-based company is pressing ahead with its plans and will decide on a European clearinghouse to process the transactions in the third quarter. Equity-based contracts will probably be the first to be introduced, he said.
Source: Bloomberg
