Courtesy of Dave Nadig's July 12 column This morning Bloomberg published a story titled “ETF Simplicity Betrayed by Volatility in Market Selloff.”In the article, the authors contend that they’ve run the numbers, and that ETFs are just flat-out more volatile than mutual funds. Here’s the lead:“Share prices for the 10…Read More
New York, NY, July 10--OMEX Systems, LLC (“OMEX”), the provider of broker-neutral DMA and OEMS trading systems for broker-dealers and buy-side investment firms active in stocks, options and futures announced the addition of 2 more trading technology veterans to the firm’s New York office, bringing the 5-year old company’s total…Read More
July 8th 2013 at 3:15pm by Tom Lydon Mirroring the growing sentiment in the U.S., institutional investors in Canada are also embracing exchange traded funds and are expecting to increase allocations to the investment vehicle in the years ahead. According to a Greenwich Associates study, titled Versatility Fuels ETF Growth…Read More
Courtesy of Dave Nadig MarketsMuse Editor Note: For those unfamiliar with the logistics of buying and selling corporate bonds in the secondary market, and particularly for those not fluent in why/how corporate bond ETFs are priced and trade, the following column courtesy of IndexUniverse's Dave Nadig provides a good…Read More
Courtesy of Tom Lydon The Patient Protection and Affordable Care Act, or Obamacare as it is widely known, is this country’s most sweeping health care legislation in multiple generations. It has also been highly controversial, but political partisanship aside, select stocks and ETFs have benefited from President Obama’s efforts to…Read More
Courtesy of Pensions & Investments and independent research firm Elkins/McSherry, here is their latest report listing the industry's top executing brokers...Most of the names are 'industry standards'; new entries to the list are worth noting. Click on the P&I logo to review Read More
In the wake of the now spirited debate as to the direction of equities markets, the more relevant topic of how/where to move in volatile markets in order to get real best execution when trading in exchange-traded products is particularly poignant. We extend our thanks to the folks at NorthStar…Read More
Courtesy of John Spence A surge in exchange traded fund trading this week signals that investors should buckle up for a volatile summer. ETF trading soared to about 40% of overall volume on Thursday, one day after Federal Reserve Chairman Ben Bernanke said the Fed may soon begin tapering its…Read More
Courtesy of Benzinga.com Rest in peace James Gandolfini. The actor most known for his role as Tony Soprano in HBO hit series The Sopranos died Wednesday while vacationing in Italy at the age of 51. While the Emmy Award-winning Gandolfini is likely to be most remembered for his…Read More
By Belinda Cao - Jun 16 Options traders are paying the most in two months to protect against drops in the largest Chinese exchange-traded fund in the U.S. on concern a local money-market cash crunch will deepen a slump in Asia’s biggest economy. The cost of three-month puts on…Read More
IPO research and investment specialist Renaissance Capital is to launch its first exchange-traded fund, according to a regulatory filing made with the US Securities and Exchange Commission (SEC). The proposed fund, the Renaissance IPO ETF, will track the firm’s own index of newly-listed securities on US exchanges and will normally…Read More
Courtesy of WSJ Matt Wirz Corporate bond exchange-traded funds attracted investors in record numbers during the credit bull run of the past three years. They also attracted criticism for trading with more volatility than the bond markets they were designed to track. With the selloff in Treasury bonds rattling credit…Read More
Courtesy of Tom Lydon Yield generation has been a hot topic as investors look for alternative income sources in a low-rate environment. ALPS with Rich Investment Solutions recently launched an exchange traded fund that seeks to provide income through a sophisticated options strategy. The U.S. Equity High Volatility Put…Read More
Courtesy of Tom Lydon Central bankers are planning on continuing to boost equity exposure via exchange traded funds. The Bank of Japan, among many others, plans to double exposure to stock ETFs over the course of the year, as falling bond yields disappoint. Central bankers around the world have been…Read More
Contributed by Chris Hempstead, Head of ETF Execution for WallachBeth Capital [caption id="attachment_965" align="alignleft" width="137"] Chris Hempstead, WallachBeth Capital[/caption] This week we saw 2 large creates in funds we don’t hear much about. The first was FBG (FI Enhanced Big Cap Growth ETN) with what looks to be about a…Read More
Courtesy of Tom Steinert-Threlkeld MidAtlantic Trust Company said it had resolved record-keeping problems that have kept exchange-traded funds from being part of holdings in 401(k) and other retirement plans. The state-chartered trust company said it has resolved a problem with fractional shares that result from trading in ETFs that…Read More
Courtesy of Nina Mehta/Bloomberg LP BOX Options Exchange, the third- smallest of 11 U.S. options venues, will be the first to begin trading larger-size contracts on the most-active U.S. equity derivatives product, according to a company executive. BOX will list and trade contracts based on 1,000 shares of the…Read More
Courtesy of Meena Krishnamsetty, Jake Mann and Alexandr OleinicExchange-traded funds like the SPDR Gold Trust (ETF) have many similarities with regular stocks. However, even though it trades like a stock on the market, an ETF is a security that follows an index, a commodity or a basket of assets, so it has…Read More