Oil weighed down by Opec and IEA caution
August 13, 2010--Oil prices ended the week lower after the Opec oil cartel and the International Energy Agency highlighted their worries about global oil demand growth.
The Opec oil cartel on Friday said in its monthly report that, “given the projected slowdown in the world economy in the second half of this year”, it remained cautious about oil demand growth for 2010, forecasting a rise for the year of 1m barrels a day.
The IEA, the western countries’ energy watchdog, was more positive, forecasting this week that global oil demand would grow this year by 1.8m b/d.
Source: FT.com
Components in Dow Jones Select MicroCap Index to decrease to 217 from 258
August 13, 2010--Dow Jones Indexes has carried out its annual review of the Dow Jones Select MicroCap Index and its semi-annual review of the Dow Jones US Contrarian Opportunities Index.
All changes will be effective after the close of trading on 20 August 2010.
With 153 additions and 194 deletions, the number of components in the Dow Jones Select MicroCap Index will decrease to 217 from 258.
Source: ETF Express
BlackRock * New Report * ETF Landscape Industry Highlights End of July 2010
August 12, 2010--Highlights of the ETF Landscape industry highlights as at end July 2010.
United States ETF and ETP Industry end July 2010:
The US ETF industry had 866 ETFs, assets of US$741.3 Bn, from 30 providers on two exchanges.
In July US domiciled ETFs experienced net inflows totalling US$10.9 Bn. iShares gathered the largest inflows with US$6.6 Bn, followed by Vanguard with US$2.8 Bn net inflows, while Van Eck Associates Corp saw US$0.3 Bn net outflows in July 2010.
In July 2010 US domiciled ETFs/ETPs experienced net inflows totalling US$9.6 Bn. Equities saw US$7.3 Bn net inflows, of which US$4.2 Bn went to Emerging Markets equities and US$2.7 Bn to North American equities. Fixed Income ETFs/ETPs saw net inflows of US$4.6 Bn, of which US$1.4 Bn went to Government bond exposures and US$1.1 Bn to Corporates. Commodities experienced US$2.2 Bn net outflows, of which US$1.7 Bn went from Precious Metals in July 2010.
Global ETF and ETP Industry end July 2010:
The global ETF industry had 2,282 ETFs with 4,872 listings, assets of US$1,095.2 Bn, from 124 providers on 42 exchanges around the world.
The global ETF and ETP industry combined had 3,131 products with 6,287 listings, assets of US$1,223.7 Bn from 150 providers on 45 exchanges around the world.
European ETF and ETP Industry end July 2010:
The European ETF industry had 969 ETFs with 3,117 listings, assets of US$236.3 Bn, from 35 providers on 18 exchanges.
In July 2010 net new assets into European domiciled ETFs totalled US$2.4 Bn. iShares has received the largest inflows with US$1.2 Bn, followed by Credit Suisse Asset Management with US$0.3 Bn net inflows and ETFlab Investment with US$0.2 net inflows in July 2010.
In July 2010, net new assets into European domiciled ETFs/ETPs totalled US$2.3 Bn. Equities gathered US$1.3 Bn net inflows, of which US$0.6 Bn went to Emerging Markets equities and US$0.4 Bn to Global equities. Fixed Income saw net inflows of US$1.0 Bn, of which US$0.9 Bn went to Government bond exposures and US$0.5 Bn to Corporates, while ETFs/ETPs with Inflation exposure saw net outflows of US$0.5 Bn. Commodities saw net outflows of US$0.01 Bn, of which US$0.2 Bn outflows came from Precious Metals while ETFs/ETPs with Energy exposure saw net inflows of US$0.1 Bn. Currency ETFs/ETPs saw net outflows of US$0.1 Bn in July 2010.
Canada ETF and ETP Industry end July 2010:
The Canadian ETF industry had 151 ETFs, assets of US$32.5 Bn, from four providers on one exchange.
Asia Pacific ex-Japan ETF and ETP Industry end July 2010:
The Asia Pacific ex-Japan ETF industry had 176 ETFs with 280 listings, and assets of US$47.4 Bn from 53 providers on 13 exchanges.
Japan ETF and ETP Industry end July 2010:
The Japanese ETF industry had 72 ETFs with 75 listings, and assets of US$25.8 Bn from six providers on two exchanges.
Latin America ETF and ETP Industry end July 2010:
The Latin American ETF industry had 21 ETFs with 331 listings, and assets of US$10.0 Bn from three providers on three exchanges.
Source: Global ETF Research & Implementation Strategy Team, BlackRock
CME Group and Nikkei Inc. to Expand Trading Hours of Yen-Denominated Nikkei 225 Futures
August 12, 2010--CME Group, the world's leading and most diverse derivatives marketplace, today announced that beginning Sunday, September 12, 2010, for trade date September 13, electronic trading hours for the yen-denominated Nikkei 225 futures will be expanded to give market participants worldwide nearly 24-hour access to the benchmark contracts listed at CME and traded on the CME Globex platform. These contracts are listed with, and subject to, the rules and regulations of CME.
CME Group offers its customers around the clock access to the widest range of liquid benchmark products in all major asset classes. To further enhance our customers' trading opportunities, CME Group has partnered with leading exchanges around the world to make their products available on or through the CME Globex platform and distribution network. In addition to CME Group's highly successful products, these arrangements allow CME Group customers to access five of the world's most actively traded equity futures contracts – Brazilian iBovespa index futures, Korean Kospi 200 index futures, Indian Nifty 50 index futures, Japanese Nikkei 225 index futures and, following implementation of our recently announced linkage with the Bolsa Mexicana de Valores, Mexican IPC index futures.
Source: CME Group
Dow Jones Indexes Named Most Outstanding Islamic Index Provider
August 11, 2010--Dow Jones Indexes, a leading global index provider, today announced that it has been named “Best Islamic Index Provider” in the Islamic Finance News (IFN) award poll for the third consecutive year.
The Islamic Finance News award poll is conducted annually by Malaysia-based Islamic Finance News. In 2009, more than 2,600 votes from Islamic finance product issuers, investors, non-banking financial intermediaries and government bodies from around the world determined the leaders in 45 categories.
Source: Dow Jones Indexes
NASDAQ Announces End-of-Month Open Short Interest Positions in NASDAQ Stocks as of Settlement Date July 30, 2010
August 10, 2010--At the end of the settlement date of July 30, 2010, short interest in 2,399 NASDAQ Global Market(SM)securities totaled 7,015,652,490 shares compared with 7,097,589,765 in 2,410 Global Market issues reported for the prior settlement date of July 15, 2010. The end-of-July short interest represents 3.35 days average daily NASDAQ Global Market share volume for the reporting period, compared with 2.98 days for the prior reporting period
Short interest in 489 securities on The NASDAQ Capital Market(SM)totaled 322,988,091 shares at the end of the settlement date of July 30, 2010 compared with 325,248,913 shares in 496 securities for the previous reporting period. This represents 4.08 days average daily volume, compared with the previous reporting period's figure of 3.10.
In summary, short interest in all 2,888 NASDAQ(R) securities totaled 7,338,640,581 shares at the July 30, 2010 settlement date, compared with 2,906 issues and 7,422,838,678 shares at the end of the previous reporting period. This is 3.37 days average daily volume, compared with an average of 2.99 days for the previous reporting period.
The open short interest positions reported for each NASDAQ security reflect the total number of shares sold short by all broker/dealers regardless of their exchange affiliations. A short sale is generally understood to mean the sale of a security that the seller does not own or any sale that is consummated by the delivery of a security borrowed by or for the account of the seller.
For more information on NASDAQ Short interest positions, including publication dates, visit http://quotes.nasdaq.com/asp/MasterDataEntry.asp?page=ShortInterest or http://www.nasdaqtrader.com/asp/short_interest.asp.
Source: NASDAQ OMX
Composite Leading Indicators (CLIs), OECD, August 2010
August 6, 2010--OECD composite leading indicators (CLIs) for June 2010 point to a possible peak in expansion. The CLI for the OECD area decreased by 0.1 point in June 2010.
The CLIs for France, Italy, China and India all point to below trend growth in coming months, whilst the CLI for the United Kingdom points to a peak in the pace of expansion. Stronger signs of a peak in expansion have also emerged in Brazil and Canada, and in the United States the CLI has turned negative for the first time since February 2009.
The CLIs for Japan and Russia point to future slowdowns in the pace of expansion but for Germany the CLI remains relatively robust.
Source: OECD
NYSE Euronext Announces Trading Volumes for July 2010
Global Derivatives Averaged 7.1 Million Contracts per Day in July, Up 17% vs. Prior Year;
August 6, 2010--European Derivatives ADV Up 11%; U.S. Equity Options ADV Up 27%;
European Cash Trading Volumes Increase 20%; U.S. Cash Decreases 7%
NYSE Euronext (NYX) today announced trading volumes for its global derivatives and cash equities exchanges for July 2010(1). Trading volumes experienced double-digit growth across most venues in July 2010 compared to the prior year period, but declined from June 2010 levels.
Global derivatives average daily volume ("ADV") increased 17.5% to 7.1 million contracts traded per day in July 2010. The strong increase in derivatives ADV versus prior year levels was driven by an 11.1% increase in European derivatives ADV and a 26.8% increase in U.S. equity options ADV in July 2010. Cash equities ADV in July 2010 was mixed, with European cash trading volumes increasing 19.5%, but U.S. cash trading volumes decreasing 7.2% compared to prior year levels.
Highlights
NYSE Euronext global derivatives ADV in July 2010 of 7.1 million contracts increased 17.5% compared to June 2009, but decreased 13.6% from June 2010 levels.
NYSE Euronext European derivatives products ADV in July 2010 of 4.0 million contracts increased 11.1% compared to July 2009, but decreased 16.4% from June 2010 levels. Total European fixed income products ADV in July 2010 of 2.0 million contracts increased 25.2% compared to July 2009 and increased 4.8% from June 2010. Total equity products ADV of 1.9 million contracts in July 2010 decreased 2.3% compared to July 2009 and decreased 32.0% from June 2010.
NYSE Euronext U.S. equity options (NYSE Arca and NYSE Amex) ADV of 3.1 million contracts in July 2010 increased 26.8% compared to July 2009 levels, but decreased 9.7% from June 2010. NYSE Euronext's U.S. options exchanges accounted for 25.3% of the total consolidated equity options trading in July 2010, up from 18.8% in July 2009, but down from 26.5% recorded in June 2010.
Exchange Traded Products
NYSE Euronext U.S. matched exchange-traded products ADV (included in volumes for Tape B and Tape C) of 337 million shares in July 2010 decreased 5.2% compared to July 2009 and decreased 11.8% compared to June 2010. Year-to-date, NYSE Euronext U.S. matched exchange-traded products ADV of 367 million shares was 31.3% below prior year levels.
Source: NYSE Euronext
The Dow Jones Index Data Monthly Reports
August 5, 2010--The following Dow Jones Index Data Monthly Reports for July are now available:
Dow Jones Brookfield Infrastructure Indexes
Index Data Monthly Report: MENA
Dow Jones Islamic Market Indexes
Index Data Monthly Report: Europe Edition
Dow Jones-UBS Commodity Indexes
Latin America Edition
Index Data Monthly Report: U.S. Edition
Dow Jones Select Dividend Indexes
visit Dow Jones Indexes for more info.
Source: Dow Jones Indexes
Index Data Monthly Report: Asia Pacific Edition
August 4, 2010--The Dow Jones Index Data Monthly Report: Asia Pacific Edition is now available.
visit Dow Jones Indexes for more info.
Source: Dow Jones Indexes